The State Bank of India (SBI) is recruiting for contractual Specialist Cadre Officer positions. There are a total of 25 vacancies for various roles, including Head (Product, Investment & Research), Zonal Head, Regional Head, Relationship Manager - Team Lead, and Central Research Team (Product Lead). The recruitment advertisement (CRPD/SCO/2024-25/20) was released on 27/11/2024. Job locations vary depending on the specific role. The online application period is open from 27/11/2024 to 17/12/2024. Applicants from India are eligible to apply.

Recruitment Overview

Recruitment Organization State Bank of India (SBI)
Post Name Specialist Cadre Officers
Advt No. CRPD/SCO/2024-25/20
Nature of Job Contractual
Vacancies 25
Salary Negotiable (depending on post and experience)
Applicant Eligible From India
Job Location Mumbai, Chennai, Kolkata, New Delhi, and other Pan-India locations

Post Details

S.No. Post Name Vacancies
1 Head (Product, Investment & Research) 4 (UR-3, EWS-1)
2 Zonal Head 4 (UR-3, OBC-1)
3 Regional Head 10 (UR-6, OBC-2, SC-1, EWS-1)
4 Relationship Manager - Team Lead 9 (UR-6, OBC-2, SC-1)
5 Central Research Team (Product Lead) 1 (EWS-1, UR-1)

Age Eligibility

Head (Product, Investment & Research) / Zonal Head / Regional Head 35 to 50 years
Relationship Manager - Team Lead 28 to 42 years
Central Research Team (Product Lead) 30 to 45 years

Age relaxation as per Govt. norms.

Exam Fee

General/OBC/EWS Rs. 750/-
SC/ST/PwBD Nil

Essential Qualification

Post Name Essential Qualification
Head (Product, Investment & Research)
  • Mandatory: Graduation/Post-Graduation.
  • Preferred: Market analytics knowledge, research passion.
  • Minimum 12 years of experience in financial services, product development, investment advisory & Private Banking. Minimum 8 years in Wealth Management.
  • Experience in Product Development and structuring for Private Wealth clients, Managing Investment Counselors/Advisors, and having excellent knowledge in equity products, PMS, AIF, and Mutual Funds.
Zonal Head
  • Mandatory: Graduation.
  • Minimum 15 years experience in managing sales in Wealth/retail banking/investments in financial services industry or AMC, out of which min. 5 years in leading RM & Team Lead.
Regional Head
  • Mandatory: Graduation. 12+ years experience in relationship management, preferably in wealth management, with leading banks/financial firms. 5+ years in leading team of Relationship Managers or Team Lead preferably in Wealth Management.
Relationship Manager- Team Lead
  • Mandatory: Graduation. Min. 8 years experience in relationship management, preferably wealth management, with leading banks.
  • Preferred: Team Lead Experience.
Central Research Team (Product Lead)
  • Mandatory: Post Graduation in related field.
  • Preferred Qualification: NISM certifications (Investment Advisor/ Research Analyst).
  • Minimum 5 years experience in Equity Research/ Products or Wealth Management.
  • Minimum 8 years experience in research analytics, knowledge about global economic trends, primary and secondary Equity/Fixed income market. Flair in equity or bond.

Selection Process

Steps Details
Shortlisting Based on qualifications & experience
Interview
  • 100 marks weightage.
  • Qualifying marks will be decided by the bank.
CTC Negotiation
  • With shortlisted candidates in order of merit list.
Merit List
  • Based on interview score
  • Descending order, tie-breaker on age (higher age ranked first)

How to Apply

  1. Go to SBI careers page
  2. Find and download Advt. No CRPD/SCO/2024-25/20
  3. Carefully read the advt.
  4. Apply online through the link given.
  5. Carefully review and submit your app. before final submission

Important Dates

Online registration start date 27/11/2024
Online registration last date 17/12/2024

Important Links

Apply Online Click Here
Notification Click Here
SBI Careers Page Click Here

Frequently Asked Questions

  1. What is the nature of the job?
    Contractual.
  2. What is the last date to apply?
    17/12/2024
  3. How can I apply for this post?
    By applying online through the link given on the SBI careers website.
  4. Is there any age relaxation?
    Yes, age relaxations are given as per government rules for reserved category candidates.