SBI Specialist Cadre Officer Recruitment 2026: Apply Online for 207 Wealth Management Posts, Eligibility, Salary, Selection Process

State Bank of India (SBI) has released the SBI Specialist Cadre Officer Recruitment 2026 notification for engagement of Specialist Cadre Officers on a contract basis under Wealth Management. The recruitment is being conducted through Advertisement No. CRPD/SCO/2026-27/23. Eligible Indian citizens can apply online for posts including Zonal Head (Retail), Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth. The online registration process has started on 04 September 2026 and the last date to apply and pay the application fee is 25 September 2026.

The recruitment offers senior-level opportunities in SBI’s Wealth Management business, with annual CTC ranging from ₹27.10 lakh to ₹97 lakh, depending on the post, experience and other factors. Candidates should carefully check the post-wise educational qualification, age limit and professional experience before submitting the application.

SBI Specialist Cadre Officer Recruitment 2026 – Overview

The notification states that candidates can apply for more than one post if they satisfy the eligibility conditions for the respective posts.

SBI SCO Recruitment 2026 Vacancy Details

SBI has announced 207 regular vacancies across seven Wealth Management posts. In addition, the notification contains separate backlog vacancies under different categories. The post-wise regular vacancy and age details are given below.

Age will be calculated as on 31 August 2026. Upper-age relaxation for reserved categories will be available according to Government of India guidelines, wherever applicable.

Circle-Wise Vacancies

For the posts of Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth, vacancies are distributed among SBI circles. The notification provides vacancies in circles including Amaravati, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Gandhinagar, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Maharashtra, Mumbai Metro, New Delhi, Patna and Thiruvananthapuram.

Candidates have to indicate three different Circle preferences for these five posts. Repetition of a Circle is not permitted, and requests to change the Circle preference later will not be entertained.

SBI Specialist Officer Eligibility Criteria 2026

The eligibility requirements are different for each post. The educational qualification and required professional experience must be possessed as on 31 August 2026.

1. Zonal Head (Retail)

Candidates must be graduates from a Government-recognised University or Institution.

Preferred qualifications:

• MBA in Banking/Finance/Marketing with 60%.
• CFP/CFA.
• NISM V-A, NISM Investment Advisor or NISM 21-A certification.

Candidates should have a minimum 15 years of experience in managing sales in Wealth Management, Retail Banking or AMCs. Out of this, at least 5 years should be in leading a large team of Relationship Managers and Team Leads, preferably in Wealth Management firms or AMCs.

2. Regional Head

The minimum educational qualification is graduation from a Government-recognised University or Institution.

Preferred qualifications include an MBA in Banking/Finance/Marketing with 60% and certifications such as CFP, CFA and relevant NISM certifications.

Candidates require 12+ years of post-qualification experience in relationship management, preferably in wealth management with leading public, private or foreign banks, Wealth Management firms or AMCs. At least 5+ years of experience leading a large team of Relationship Managers or Team Leads is required.

3. Relationship Manager – Team Lead

Candidates should be graduates from a Government-recognised University or Institution.

Preferred qualifications include:

• MBA in Banking/Finance/Marketing with 60%.
• CFP/CFA.
• NISM V-A, NISM Investment Advisor or NISM 21-A.

The required experience is minimum 8 years in relationship management, preferably in wealth management with leading public/private/foreign banks, broking or securities firms and AMCs. Team Lead experience is preferred.

4. Investment Specialist

Candidates need a professional qualification in a PG Degree or PG Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science from a recognised institution, or CA/CFA.

Preferred certifications include CA, CFP, CFA, NISM Investment Advisor, Research Analyst Certificate and NISM 21-A.

Candidates require at least 6 years of post-qualification experience as an Investment Advisor, Counsellor, Officer or part of a product team in Wealth Management firms or AMCs. Knowledge of investments, asset allocation, portfolio management and different asset classes is important.

5. Investment Officer

The educational qualification is similar to the Investment Specialist post, requiring a relevant PG Degree/PG Diploma or CA/CFA.

The candidate should have a minimum of 4 years of post-qualification experience as an Investment Advisor, Counsellor, Officer or part of a product team in Wealth Management firms or AMCs.

6. VP Wealth

Candidates must have a graduation degree from a Government-recognised University or Institution.

Preferred qualifications include:

• MBA in Banking/Finance/Marketing with 60%.
• NISM V-A, XXI-A, CFP/CFA certifications.

Candidates require 6 years of experience in sales and marketing with leading public/private/foreign banks, Wealth Management firms or AMCs. Six years of post-qualification experience as a Relationship Manager or similar role in Wealth Management is preferred.

7. AVP Wealth

Candidates must be graduates from a Government-recognised University or Institution.

Preference is given to candidates with post-graduation in Finance, Marketing or Banking. NISM V-A, XXI-A, CFP/CFA certifications are also preferred.

Candidates require 3 years of experience in sales and marketing with leading public/private/foreign banks, Wealth Management firms, AMCs or SBI Wealth CREs having four years of experience. Relevant Relationship Manager or similar Wealth Management experience is preferred.

Important: Teaching and training experience will not be counted for eligibility. Also, experience of less than six months in any organisation is not considered for eligibility.

SBI SCO Salary 2026

The selected candidates will receive annual CTC based on the post, experience, current emoluments and place of posting. The notification specifies the following upper CTC ranges:

The CTC is negotiable and depends on experience, current salary and place of posting. The contract period is 5 years, renewable for another 4 years at the discretion of SBI, subject to applicable conditions.

SBI Specialist Officer Selection Process 2026

There is no written examination mentioned in the notification. The selection process consists of:

1. Shortlisting
2. Personal/Telephonic/Video Interview
3. CTC Negotiation
4. Final Merit List

SBI will shortlist candidates based on parameters decided by its shortlisting committee. Merely meeting the minimum educational qualification and experience does not guarantee an interview call.

The interview carries 100 marks, and the qualifying marks will be decided by SBI. The final merit list will be prepared in descending order based on interview marks only. If candidates obtain the same cut-off marks, the older candidate will be ranked higher according to age in descending order.

SBI SCO Recruitment 2026 Application Fee

The fee is non-refundable and has to be paid online through the payment gateway using options such as debit card, credit card or Internet Banking.

Documents Required for SBI SCO Application

Candidates should keep the following documents ready before starting the online application:

• Recent passport-size photograph
• Signature
• Brief Resume
• ID Proof
• PAN Card
• PwBD Certificate, if applicable
• Educational certificates/mark sheets
• Experience certificates
• Form-16/Offer Letter/Latest Salary Slip from current employer
• No Objection Certificate, wherever applicable
• Bio-data and CTC Format

The notification specifies that documents other than photograph and signature should generally be uploaded in PDF format, with A4 page size and file size not exceeding 500 KB.

The photograph should preferably be 200 × 230 pixels and between 20 KB and 50 KB. The signature should preferably be 140 × 60 pixels and between 10 KB and 20 KB. The signature must be made by the applicant using black ink on white paper, and signatures in capital letters are not accepted.

How to Apply for SBI Specialist Cadre Officer Recruitment 2026

Eligible candidates can apply online by following these steps:

Step 1

Visit the official SBI Careers website.

Step 2

Open the Current Openings section.

Step 3

Find Advertisement No. CRPD/SCO/2026-27/23 – Engagement of Specialist Cadre Officers on Contract Basis.

Step 4

Download and carefully read the detailed notification.

Step 5

Click on Apply Online and complete the registration form.

Step 6

Enter personal details, educational qualifications, professional experience and other required information carefully.

Step 7

Upload the photograph, signature and required documents in the prescribed format and size.

Step 8

Pay the applicable application fee online.

Step 9

Preview the complete application before final submission.

Step 10

Submit the application and download/print the system-generated application form and e-receipt for future reference.

SBI specifically states that corrections will not be allowed after final submission, so candidates should verify all information before submitting the application.

Important Dates

The official notification confirms the online registration and fee payment window from 04 September 2026 to 25 September 2026.

Important Links

The SBI Specialist Cadre Officer Recruitment 2026 is an important opportunity for experienced professionals looking to work in SBI’s Wealth Management business. With 207 regular vacancies across seven specialised positions and CTC opportunities of up to ₹97 lakh per annum, the recruitment is particularly suitable for candidates with experience in banking, wealth management, investment advisory, sales, relationship management and asset management.

Candidates should not wait until the last date to apply. Before submitting the form, carefully verify the age, educational qualification, post-qualification experience, Circle preference and required documents.