SBI Wealth Management Recruitment 2025
Specialist Cadre Officers on Contract Basis
State Bank of India (SBI) has released a prestigious recruitment notification for experienced Wealth Management professionals. This recruitment falls under Advertisement No. CRPD/SCO/2025-26/17, inviting applications from Indian citizens for three high-demand posts:
- VP Wealth (SRM)
- AVP Wealth (RM)
- Customer Relationship Executive
This hiring offers excellent growth opportunities, strong compensation packages, performance-based pay, and the chance to work with one of the world’s best consumer banks, as SBI has been recognized as “World Best Consumer Bank–2025” and “Best Bank of India–2025” by Global Finance.
Why SBI Wealth Management?
SBI is not just India’s largest bank — it is also one of the most trusted financial institutions globally. Its Wealth Management Division serves:
- UHNI (Ultra High Networth Individuals)
- HNI (High Networth Individuals)
- Affluent retail customers
The business offers sophisticated financial advisory services, portfolio planning, investment and insurance products, and personalized banking. Therefore, employees hired into this vertical handle premium relationship portfolios, ensuring service excellence and cross-selling multiple asset classes.
This recruitment targets experienced candidates who already possess strong communication skills, financial acumen, and real-world exposure to client servicing in banking or wealth management.
Vacancy Breakdown
As per the notification:
➤ Total Positions
- VP Wealth (SRM) – 506 Regular + Backlog vacancies
- AVP Wealth (RM) – 206 Regular + Backlog vacancies
- Customer Relationship Executive – 284 Regular + Backlog vacancies
Vacancy distribution includes SC, ST, OBC, EWS, UR categories, including PwBD. The notification provides full category-wise breakup and postings per circle.
Circle-wise Distribution
SBI provides city/circle-based postings. You must select three different circles during online application.
Each circle has positions distributed among the three roles.
For example :
- BENGALURU: 53 VP, 22 AVP, 29 CRE
- CHENNAI: 31 VP, 12 AVP, 12 CRE
- MUMBAI METRO: 57 VP, 13 AVP, 25 CRE
- NEW DELHI: 36 VP, 27 AVP, 36 CRE
- HYDERABAD: 19 VP, 11 AVP, 13 CRE
You are required to be flexible with postings; SBI reserves the right to deploy personnel anywhere in India.
VP Wealth (Senior Relationship Manager)
Educational Qualification
- Mandatory: Graduation from a government recognized university.
- Preferred: MBA (Banking/Finance/Marketing) with minimum 60%.
- Extra Weightage: NISM V-A, XXI-A, CFP, CFA certifications.
Experience
- Minimum 6 years in sales & marketing, preferably in banks, AMC firms, or wealth companies.
- Experience as a Relationship Manager handling HNI/UHNI portfolio is preferred.
Key Skills
- Analytical skills
- Client-centric approach
- Communication
- Financial advisory expertise
Job Profile
The VP Wealth (SRM) is the core revenue driver for the wealth division. They handle UHNI and affluent portfolios, conduct portfolio reviews, recommend investment solutions, and maintain client relationships.
Core responsibilities include:
- Increasing CASA balances
- Managing AUM
- Cross-selling insurance, PMS, credit cards, SIP, bonds
- Risk profiling
- Onboarding wealthy households
The role also involves conducting branch-level seminars to promote investment literacy.
AVP Wealth (Relationship Manager)
Educational Qualification
- Mandatory: Graduation in any discipline
- Preferred: Post-Graduation in Finance/Banking/Marketing
- Certifications like NISM V-A, XXI-A, CFP/CFA highly valued.
Experience
- Minimum 3 years in sales/marketing in wealth firms, banks, AMC.
- Or 4 years as SBI Wealth CRE.
Role
AVP (RM) is responsible for:
- Managing affluent/HNI portfolio
- Increasing TRV (Total Relationship Value)
- Boosting investment AUM
- Selling financial products
- Ensuring compliance
They perform financial need analysis, build client trust, and ensure timely service delivery.
Customer Relationship Executive (CRE)
This is an on-ground support role mostly attached to Relationship Managers.
Qualification
- Graduation (any discipline)
- Experience in financial product documentation preferred.
- Mandatory: Valid two-wheeler driving license.
Responsibilities
- Couriering and collecting documents
- Visiting clients (door-step banking)
- Assisting with onboarding paperwork
- Supporting service managers across departments
CREs are critical to customer servicing and operational compliance.
Age Limits (as on 01.05.2025)
| Post | Minimum | Maximum |
|---|---|---|
| VP Wealth (SRM) | 26 | 42 |
| AVP Wealth (RM) | 23 | 35 |
| Customer Relationship Executive | 20 | 35 |
Relaxations are available for SC/ST/OBC/EWS/PwBD as per Government of India guidelines.
Compensation — One of the Best in Industry
SBI offers Annual CTC (Negotiable) based on experience and posting.
VP Wealth (SRM)
- ₹44.70 Lakhs+ per annum
- Fixed pay ~₹30L
- Allowances
- Performance Linked Pay up to 45%
- Increment band: 0–25%
AVP Wealth (RM)
- ₹30.20 Lakhs
- Similar benefits
- 45% PLP
- Increment up to 25%
Customer Relationship Executive
- ₹6.20 Lakhs
- Allowances
- PLP up to 35%
Contract period: 5 years + renewable up to 4 years based on performance.
Termination notice: 2 months from either side.
Selection Process
Shortlisting + Interview + CTC negotiation.
- Bank shortlisting is based on resume, experience, and qualifications.
- Interview carries 100 marks.
- You are ranking is based on marks; in case of tie, older candidate gets preference.
- Final selection is purely performance-based.
No written test.
Documents Required
- Resume
- ID proof
- Mark sheets/degree
- PwBD certificate
- Experience proof
- Salary slips/Form-16/Offer letter
- NOC (Government/PSU employees)
Upload size rules:
- Documents ≤ 500kb PDF
- Photo: 20–50kb
- Signature: 10–20kb
Application Fee
- ₹750 — UR/EWS/OBC
- No fee — SC/ST/PwBD
Important Dates
- Online Applications & Fee Payment: 02.12.2025 to 23.12.2025
How to Apply (Step by Step)
- You can visit SBI Careers:https://sbi.bank.in/web/careers/current-openings
- You can open advertisement CRPD/SCO/2025-26/17
- You can register new user
- You can fill form carefully
- You can upload documents
- You can pay fee
- You can submit and download application pdf
SBI advises you are not to wait until the deadline due to heavy traffic or server issues.
Important Rules & Notes
- Teaching/training experience does not count.
- Multiple applications? Only latest valid one considered.
- Misrepresentation = immediate disqualification.
- Police record checks may occur; service may be denied.
Notification & Apply Link Table
| Item | Details |
|---|---|
| Organization | State Bank of India |
| Post | VP Wealth (SRM), AVP Wealth (RM), Customer Relationship Executive |
| Advertisement No. | CRPD/SCO/2025-26/17 |
| Contract | 5 years + renewable 4 years |
| Age Limit | 20–42 (post wise) |
| CTC | ₹6.2L to ₹44.7L (variable included) |
| Application Start | 02-12-2025 |
| Application Last Date | 23-12-2025 |
| Apply Online | Click Here |
| Notification | Click Here |
FAQs
1. Is there a written test?
No. Selection is based on shortlisting and interview only.
2. Can I apply for more than one post?
Yes, if you meet the eligibility criteria for each.
3. Is Wealth Management experience mandatory?
Yes—minimum experience is strictly enforced.
4. What if I previously resigned from SBI Wealth?
You may be debarred for 2 years or permanently in certain cases.
Final Suggestion
This recruitment suits:
- Senior bankers
- Experienced wealth managers
- AMC/insurance RM
- Relationship officers seeking premium clientele
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