LIVE Access Mock Tests, PYP & AI Analytics for 375+ Exams! 7 Days Free Trial ₹99 Start Free Trial

Job Description

Overview

The State Bank of India (SBI) has initiated a recruitment drive for Specialist Cadre Officers (SCO) within its Wealth Management vertical. This engagement is on a contractual basis, offering a significant opportunity for experienced professionals to contribute to the bank's specialized financial services. The recruitment covers 207 positions across various leadership and advisory roles, distributed across 17 circles nationwide.

Key Responsibilities

  • Oversee wealth management operations and sales strategies within designated zones or regions.
  • Manage high-net-worth client relationships and provide expert investment advisory services.
  • Lead and mentor teams of relationship managers to achieve business targets and service excellence.
  • Develop and implement investment product strategies to enhance the bank's wealth management portfolio.
  • Ensure compliance with regulatory standards and internal bank policies in all financial transactions.
  • Coordinate with various departments to streamline service delivery and improve client satisfaction metrics.

Why Apply

Joining the SBI Wealth Management team provides a platform to work with one of India's largest financial institutions, offering competitive compensation packages and professional growth. The role involves significant responsibility in managing high-value portfolios, providing exposure to complex financial markets and strategic banking operations.

Important Dates

  • Application Start Date: 04-09-2026
  • Extended Last Date: 05-10-2026

Quick Facts

  • Total Vacancies: 207
  • Pay Scale: Negotiable up to ₹97 Lakhs CTC
  • Location: Pan-India
  • Category: Bank Jobs

SBI SCO Recruitment 2026 Overview

Registration Date
04 Sep 2026 – 05 Oct 2026
Salary
27.10 Lakhs to 97.00 Lakhs
Vacancies
207
Eligibility
Graduate/PG/MBA/CA/CFA
Application Link

Vacancy Details

PostTotal
Zonal Head1
Regional Head5
RM-Team Lead24
Investment Specialist9
Investment Officer4
VP Wealth91
AVP Wealth73

How to Apply

  1. Visit the official SBI careers portal at https://sbi.bank.in/web/careers/current-openings.
  2. Download and read the detailed advertisement CRPD/SCO/2026-27/23.
  3. Register online using a valid email address and mobile number.
  4. Scan and upload the required photograph and signature.
  5. Upload all necessary documents, including educational certificates, experience letters, and ID proof.
  6. Complete the application form and pay the fee through the integrated payment gateway.
  7. Submit the form and print the final application and fee receipt for future reference.

Cutoff Marks

Determined by the Bank based on interview performance.

Application Fee

General/EWS/OBC: ₹750. SC/ST/PwBD: Nil. Payment must be made online via debit card, credit card, or internet banking.

Age Limit

23-50 years as on 31-08-2026

Selection Process

The selection process consists of two primary stages. First, candidates are shortlisted based on their qualifications and experience as per the bank's internal criteria. Shortlisted individuals are then invited for one or more rounds of interviews, which may be conducted in person, via telephone, or through video conferencing. The interview carries 100 marks. Final selection is based on the merit list prepared from interview scores, followed by individual CTC negotiations.

Exam Pattern

Not applicable; selection is based on shortlisting and interview performance.

Latest Current Affairs (Key Points)

National Affairs
26 Sep 2026
The Ministry of Electronics and Information Technology (MeitY) has launched the 'Digital India FutureLABS' initiative to foster innovation in emerging technologies.The initiative aims to create a coll...
International Affairs
26 Sep 2026
UN General Assembly's high-level debates concluded, addressing global challenges.India-ASEAN Summit focused on strengthening regional strategic and economic ties.

Organization

The State Bank of India (SBI) stands as a titan in the Indian financial landscape, representing one of the largest and most influential banking institutions in the country. As a premier public sector bank, SBI plays a pivotal role in India’s economic trajectory, offering a comprehensive suite of financial services that span personal banking, corporate finance, agricultural credit, and international operations. With an expansive network of branches, automated teller machines (ATMs), and advanced digital banking platforms, SBI has successfully bridged the gap between traditional banking and modern financial technology. This ensures that its services remain accessible to customers in bustling urban centers as well as the most remote rural corners of the nation. The organization is widely recognized not only for its retail banking dominance but also for its profound commitment to social responsibility and national development initiatives. One of the fundamental pillars of the State Bank of India is its unwavering focus on human capital development. The bank consistently engages in recruitment and training initiatives designed to empower the youth and integrate them into the formal workforce. This commitment is evidenced by the bank's periodic recruitment drives for various roles, including clerks, probationary officers, and apprentices under the Apprentices Act, 1961. These training opportunities are meticulously designed to provide fresh graduates with hands-on experience in the banking sector, effectively bridging the divide between academic education and industry requirements. By providing structured training, SBI helps participants gain deep insights into banking operations, customer service protocols, and regulatory compliance, all of which are essential skills in today's competitive financial environment. The influence of the State Bank of India extends far beyond simple transactions; it serves as a cornerstone of the Indian economy, often acting as the primary partner for government initiatives and financial inclusion schemes such as the Pradhan Mantri Jan Dhan Yojana. Its digital transformation journey, led by innovative platforms like YONO (You Only Need One), has set a benchmark for other financial institutions, demonstrating a proactive approach toward evolving consumer preferences. The bank’s commitment to excellence is reflected in its robust risk management framework, customer-centric approach, and a profound understanding of the diverse financial needs of the Indian population. As an employer, the institution is highly regarded for its structured career progression, comprehensive training modules, and the opportunity to work in a challenging and dynamic environment. Whether it is supporting small and medium enterprises, financing large-scale infrastructure projects, or providing simple savings solutions to individuals, the State Bank of India remains a vital component of India’s growth story. The organization continues to adapt to global best practices while upholding its core values of service, transparency, and integrity. For candidates and customers alike, the State Bank of India represents reliability and a commitment to progress, consistently striving to innovate while maintaining its position as a trusted financial partner for millions of Indians both at home and abroad. As the financial sector continues to modernize, SBI remains at the forefront, driving digital adoption and financial literacy across the country.

Frequently Asked Questions

There are a total of 207 tentative vacancies available for various Specialist Cadre Officer posts, including Zonal Head, Regional Head, Relationship Manager, Investment Specialist, Investment Officer, VP Wealth, and AVP Wealth. Please refer to the official notification for the detailed post-wise and category-wise breakdown.

Candidates must hold a Graduate degree from a recognized university. For roles like Investment Specialist and Investment Officer, a PG degree or diploma in Finance, Commerce, or professional certifications like CA/CFA is mandatory. MBA and NISM/CFP certifications are preferred for leadership positions.

The age limit varies by post as of 31-08-2026. For instance, the age range is 35–50 years for Zonal/Regional Heads, 28–42 for RM-Team Leads, 28–40 for Investment Officers, 26–42 for VP Wealth, and 23–35 for AVP Wealth. Check the official notification for specific category-wise relaxations.

The online application window has been extended, and the final date to submit your application and pay the fee is 05-10-2026. Ensure you complete your registration well before this deadline to avoid any technical issues.

The application fee is ₹750 for General, EWS, and OBC candidates. Candidates belonging to SC, ST, and PwBD categories are exempted from paying any application fee. Payment must be made online through the bank's integrated payment gateway.

The selection process involves shortlisting based on qualifications and experience, followed by one or more rounds of interviews (personal, telephonic, or video). The interview carries 100 marks. Final selection is based on the merit list derived from interview scores, followed by CTC negotiation.

The annual CTC is negotiable and varies by post, ranging from ₹27.10 Lakhs for Investment Officers up to ₹97.00 Lakhs for Zonal Heads. The final offer depends on the candidate's experience, current emoluments, and place of posting.

You can apply online by visiting the official SBI careers page at https://sbi.bank.in/web/careers/current-openings. Register, upload your documents, fill in the required details, and pay the fee online. Keep a printout of the application form and fee receipt for your records.
Home Exams Jobs Current Affairs Mock Tests