SBI Specialist Cadre Officers Recruitment 2026
State Bank of India has released a recruitment notification for Specialist Cadre Officers on contract basis for its Wealth Management business. A total of 207 regular vacancies are available for experienced professionals across posts including Zonal Head (Retail), Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth. The recruitment offers attractive annual CTC packages ranging from ₹27.10 lakh to ₹97 lakh, depending upon the post, experience and other factors. Eligible candidates with the prescribed educational qualifications and relevant experience can submit their applications online from 04 September 2026 to 25 September 2026. Candidates should carefully check the post-wise eligibility, age limit, experience requirement, CTC structure, selection procedure, application fee and Circle preference rules before applying.
Quick Navigation
Main Information Eligibility Vacancy Details Selection Procedure Salary Structure Application Fees Important Links Important Instructions Required Documents FAQs| Organisation | State Bank of India |
| Post | Specialist Cadre Officers – Wealth Management |
| Total Vacancies | 207 Regular Vacancies |
| Application Mode | Online |
| Application Start Date | 04 September 2026 |
| Application Last Date | 25 September 2026 |
| Eligibility Cut-Off Date | 31 August 2026 |
| Age Limit | 23 to 50 Years depending upon the post |
| Educational Qualification | Graduation / Professional Qualification as prescribed for the respective post |
| Experience | Relevant post-qualification experience ranging from 3 to 15 years depending upon the post |
| Selection Process | Shortlisting + Personal/Telephonic/Video Interview + CTC Negotiation |
| Interview Marks | 100 Marks |
| Application Fee | ₹750 for UR/EWS/OBC; Nil for SC/ST/PwBD |
| Contract Period | 5 Years, renewable by another 4 years at SBI's discretion |
| Posting | Across India / Applied or opted Circle depending upon the post |
| Official Website | https://sbi.bank.in |
| Post | Educational Qualification / Experience & Other Requirement |
| Zonal Head (Retail) | Graduation from a Government-recognised University or Institution. Preferred: MBA in Banking/Finance/Marketing with 60% from a recognised University/Institution and certifications such as CFP, CFA, NISM V-A, NISM Investment Advisor or NISM 21-A. Minimum 15 years of experience in managing sales in Wealth Management, Retail Banking or AMCs, including minimum 5 years of experience leading a large team of Relationship Managers and Team Leads, preferably in Wealth Management Firms or AMCs. Age: 35–50 years as on 31 August 2026. |
| Regional Head (RH) | Graduation from a Government-recognised University or Institution. Preferred: MBA in Banking/Finance/Marketing with 60% and certifications such as CFP, CFA, NISM V-A, NISM Investment Advisor or NISM 21-A. Minimum 12+ years of post-qualification experience in relationship management, preferably in wealth management with leading Public/Private/Foreign Banks, Wealth Management Firms or AMCs, along with 5+ years of experience leading a large team of Relationship Managers or Team Leads. Age: 35–50 years as on 31 August 2026. |
| Relationship Manager-Team Lead | Graduation from a Government-recognised University or Institution. Preferred: MBA in Banking/Finance/Marketing with 60% and certifications such as CFP, CFA, NISM V-A, NISM Investment Advisor or NISM 21-A. Minimum 8 years of post-qualification experience in relationship management, preferably in wealth management with leading Public/Private/Foreign Banks, Broking/Security Firms or AMCs. Experience as a Team Lead is preferred. Age: 28–42 years as on 31 August 2026. |
| Investment Specialist (IS) | Professional qualification in PG Degree or PG Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science from a recognised College/University OR CA/CFA. Preferred: CA, CFP, CFA, NISM Investment Advisor, Research Analyst Certificate or NISM 21-A certification. Minimum 6 years of post-qualification experience as an Investment Advisor/Counsellor/Officer or part of a product team in Wealth Management Firms/AMCs. Age: 28–42 years as on 31 August 2026. |
| Investment Officer (IO) | Professional qualification in PG Degree or PG Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science from a recognised College/University OR CA/CFA. Preferred: CA, CFP, CFA, NISM Investment Advisor, Research Analyst Certificate or NISM 21-A certification. Minimum 4 years of post-qualification experience as an Investment Advisor/Counsellor/Officer or part of a product team in Wealth Management Firms/AMCs. Age: 28–40 years as on 31 August 2026. |
| VP Wealth (SRM) | Graduation from a Government-recognised University or Institution. Preferred: MBA in Banking/Finance/Marketing with 60% and certifications such as NISM V-A, NISM XXI-A, CFP or CFA. Minimum 6 years of experience in sales and marketing with leading Public/Private/Foreign Banks, Wealth Management Firms or AMCs. Preferred minimum 6 years of post-qualification experience as a Relationship Manager or similar role, preferably in Wealth Management. Age: 26–42 years as on 31 August 2026. |
| AVP Wealth (RM) | Graduation from a Government-recognised University or Institution. Weightage will be given to candidates with post-graduation in Finance/Marketing/Banking. Preferred certifications include NISM V-A, XXI-A, CFP/CFA. Minimum 3 years in sales and marketing with leading Public/Private/Foreign Banks, Wealth Management Firms, AMCs or SBI Wealth CREs having 4 years of experience. Preferred minimum 3 years of post-qualification experience as a Relationship Manager or similar role, preferably in Wealth Management. Age: 23–35 years as on 31 August 2026. |
SBI has invited applications for Specialist Cadre Officers on contract basis for seven posts in its Wealth Management business. The posts include Zonal Head (Retail), Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth. Educational qualifications range from graduation for the senior wealth-management positions to professional qualifications such as PG Degree/PG Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science, or CA/CFA for Investment Specialist and Investment Officer. Candidates must possess the prescribed post-qualification experience as on 31 August 2026. The age limit varies from 23 to 50 years depending upon the post.
| Section | Questions / Marks / Duration |
| Written Examination | No written examination is prescribed in the notification. |
| Shortlisting | Candidates are shortlisted based on parameters decided by the Shortlisting Committee, including qualification, experience, suitability and other relevant factors. |
| Interview | Personal / Telephonic / Video Interview – 100 Marks |
| CTC Negotiation | Individual CTC negotiation is conducted during or after the interview process. |
| Final Merit | Merit list is prepared in descending order based on interview marks only. |
There is no written examination prescribed in the notification. The selection process consists of shortlisting followed by one or more rounds of Personal, Telephonic or Video Interview and CTC Negotiation. The interview carries 100 marks. The final merit list is prepared in descending order based on interview marks only. In case of a tie at the cut-off marks, the older candidate is ranked higher.
| Post | No. of Positions |
| Zonal Head (Retail) | 1 |
| Regional Head (RH) | 5 |
| Relationship Manager-Team Lead | 24 |
| Investment Specialist (IS) | 9 |
| Investment Officer (IO) | 4 |
| VP Wealth (SRM) | 91 |
| AVP Wealth (RM) | 73 |
| Total | 207 |
State Bank of India has announced 207 regular vacancies for Specialist Cadre Officers on contract basis across seven posts. The vacancies include 1 Zonal Head (Retail), 5 Regional Heads, 24 Relationship Manager-Team Leads, 9 Investment Specialists, 4 Investment Officers, 91 VP Wealth positions and 73 AVP Wealth positions. The notification also contains separate backlog vacancies for eligible reserved-category candidates.
| Stage | Details |
| Stage 1 | Shortlisting of candidates by the Shortlisting Committee based on qualification, relevant experience, suitability, skill set, domain expertise and other parameters decided by the Bank. |
| Stage 2 | Shortlisted candidates will be called for one or more rounds of Personal, Telephonic or Video Interview. |
| Stage 3 | The Interview carries 100 marks. The qualifying marks will be decided by SBI. |
| Stage 4 | CTC Negotiation will be conducted with candidates individually during or after the interview process. |
| Final Selection | The final merit list will be prepared in descending order based on interview scores only. In case of candidates obtaining common marks at the cut-off point, the candidate older in age will be ranked higher. |
Selection will be based on shortlisting followed by one or more rounds of Personal, Telephonic or Video Interview and CTC Negotiation. Mere fulfilment of minimum qualification and experience does not guarantee an interview call. The shortlisting committee will determine the parameters and shortlist an adequate number of candidates. The interview carries 100 marks and the final merit list will be prepared solely on the basis of interview scores.
| Post | Pay Level / Pay Scale |
| Zonal Head (Retail) | Annual CTC Upper Range: ₹97.00 Lakhs |
| Regional Head (RH) | Annual CTC Upper Range: ₹66.40 Lakhs |
| Relationship Manager-Team Lead | Annual CTC Upper Range: ₹51.80 Lakhs |
| Investment Specialist (IS) | Annual CTC Upper Range: ₹44.50 Lakhs |
| Investment Officer (IO) | Annual CTC Upper Range: ₹27.10 Lakhs |
| VP Wealth (SRM) | Annual CTC Upper Range: ₹44.70 Lakhs |
| AVP Wealth (RM) | Annual CTC Upper Range: ₹30.20 Lakhs |
| Salary Benefits | Annual CTC includes Fixed Pay, Conveyance/Mobile/Medical Allowances, Performance Linked Pay of 0%–45% of Fixed Pay and applicable Annual Increment Band. Annual CTC is negotiable depending upon experience, current emoluments and place of posting. |
The annual CTC upper range varies by post from ₹27.10 lakh to ₹97.00 lakh. The highest CTC is ₹97.00 lakh for Zonal Head (Retail), followed by ₹66.40 lakh for Regional Head, ₹51.80 lakh for Relationship Manager-Team Lead, ₹44.50 lakh for Investment Specialist, ₹27.10 lakh for Investment Officer, ₹44.70 lakh for VP Wealth and ₹30.20 lakh for AVP Wealth. The CTC includes fixed pay, applicable allowances, Performance Linked Pay and other perks. Annual CTC is negotiable depending upon experience, current emoluments and place of posting.
| Category | Application Fee |
| General / UR / EWS / OBC | ₹750 |
| SC / ST / PwBD | No Application Fee / Intimation Charges |
| Payment Charges | Online transaction charges, if any, are to be borne by the candidate. |
UR/EWS/OBC candidates are required to pay ₹750 as application fee/intimation charges. SC/ST/PwBD candidates are exempted from payment of application fee/intimation charges. Online payment transaction charges, if any, are to be borne by the candidate.
| Application Mode | Candidates must register online through the SBI Careers Current Openings page and pay the prescribed fee through the online payment gateway. |
| Application Dates | Online registration and payment of fees will be available from 04 September 2026 to 25 September 2026. |
| Eligibility Date | Educational qualification and post-qualification experience are reckoned as on 31 August 2026. |
| Multiple Posts | Candidates can apply for more than one post if they fulfil all eligibility criteria for the respective posts. |
| Circle Preference | Candidates applying for Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth must indicate three different Circle preferences in the online application. |
| Circle Change | No request for change of Circle preference will be entertained at any stage. If the candidate does not get a preferred Circle, SBI may consider the candidature for another Circle. |
| Teaching Experience | Teaching and training experience will not be counted for determining eligibility. |
| Experience Verification | Experience may be verified through experience certificates, appraisal letters, appointment and relieving letters, offer letters with IT returns or other authentic documentary evidence. |
| Minimum Experience Period | Experience of less than six months in any organisation will not be considered for eligibility. |
| Posting / Transfer | The Bank reserves the right to transfer Officers Engaged on Contract to any SBI office in India or depute them to SBI associates, subsidiaries or other organisations depending upon service requirements. |
| Contract Period | The contract period is 5 years and may be renewed for another 4 years at the discretion of the Bank, subject to applicable conditions. |
| Notice Period | The contract may be terminated by either side by giving two months' notice or by payment/surrender of two months' compensation in lieu of notice. |
| Leave | Officers Engaged on Contract are entitled to 30 days of leave during the financial year for genuine and appropriate reasons. |
| Interview Call | Merely fulfilling the minimum qualification and experience does not guarantee an interview call. SBI may shortlist candidates according to its own parameters. |
| Merit List | The final merit list will be prepared solely on the basis of interview scores. In case of a tie at the cut-off point, candidates will be ranked according to age in descending order. |
| Medical Fitness | Engagement of selected candidates is subject to being declared medically fit as per SBI requirements. |
| False Information | Submission of false information or suppression of material facts may result in cancellation of candidature and termination of contract even after engagement. |
| Final Submission | Candidates should carefully check the application before final submission because corrections will not be allowed after final submission. |
Candidates must apply online through the SBI Careers website between 04 September 2026 and 25 September 2026. Candidates should carefully check eligibility before applying. Candidates can apply for more than one post if they fulfil the eligibility criteria. For Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth, candidates must indicate three different Circle preferences. Teaching and training experience will not be counted for eligibility. The Bank reserves the right to transfer selected officers to any SBI office in India or deputate them to associates, subsidiaries or other organisations.
| Document | Requirement |
| Photograph | Latest photograph as specified in the online application instructions. |
| Signature | Scanned signature as specified in the online application instructions. |
| Educational Qualification Certificates | Original educational qualification certificates and supporting documents must be produced during the interview/selection process. |
| Experience Certificates | Experience certificate issued by the employer, annual performance appraisal letters, appointment and relieving letters, offer letter with IT returns or other authentic documentary evidence substantiating the claimed experience. |
| Category Certificate | Valid SC/ST/OBC-NCL/EWS/PwBD certificate in the prescribed Government of India format, wherever applicable. |
| NOC | Candidates serving in Government/Quasi-Government offices, PSUs, Nationalised Banks, Financial Institutions or SBI Group companies should produce a No Objection Certificate at the time of interview. |
| Discharge Certificate | Selected candidates must produce a proper discharge certificate from their existing employer at the time of taking up the engagement. |
Candidates should keep their latest photograph and signature ready for online application. At the interview/selection stage, candidates must produce original educational qualification certificates, experience certificates and other supporting documents. Candidates working in Government/Quasi-Government offices, PSUs, Nationalised Banks, Financial Institutions or SBI Group companies should produce a No Objection Certificate at the time of interview. Selected candidates must produce a proper discharge certificate from their existing employer at the time of taking up engagement.
| Notification | Click Here |
| Official Website | Click Here |
| Apply Online | Click Here |
| What is SBI Specialist Cadre Officers Recruitment 2026? | State Bank of India has invited online applications for engagement of Specialist Cadre Officers on contract basis for its Wealth Management business under Advertisement No. CRPD/SCO/2026-27/23. |
| How many vacancies are available? | There are 207 regular vacancies across seven posts: Zonal Head, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth. |
| Which posts are included in SBI SCO Recruitment 2026? | The posts are Zonal Head (Retail), Regional Head (RH), Relationship Manager-Team Lead, Investment Specialist (IS), Investment Officer (IO), VP Wealth (SRM) and AVP Wealth (RM). |
| What is the application start date? | The online application process starts on 04 September 2026. |
| What is the last date to apply? | The last date for online registration and payment of fees is 25 September 2026. |
| What is the educational qualification for SBI SCO posts? | Educational qualifications vary by post. The senior wealth-management posts generally require graduation from a Government-recognised University or Institution, while Investment Specialist and Investment Officer require a relevant PG Degree/PG Diploma or CA/CFA. |
| What is the age limit for SBI Specialist Cadre Officers? | The age limit varies by post from 23 to 50 years as on 31 August 2026. |
| How much experience is required? | The required experience varies by post from a minimum of 3 years for AVP Wealth to 15 years for Zonal Head, with specific experience requirements prescribed for each position. |
| What is the salary of SBI Specialist Cadre Officers? | The annual CTC upper range varies from ₹27.10 lakh for Investment Officer to ₹97 lakh for Zonal Head (Retail). CTC includes fixed pay, applicable allowances, performance linked pay and other perks. |
| What is the contract period? | The contract period is 5 years and may be renewed for another 4 years at the discretion of SBI, subject to applicable conditions. |
| Can SBI transfer selected candidates? | Yes. SBI reserves the right to transfer Officers Engaged on Contract to any SBI office in India or depute them to associates, subsidiaries or other organisations depending upon service requirements. |
| Will teaching experience count for eligibility? | No. Teaching and training experience will not be counted for determining eligibility. |
| Is experience of less than six months counted? | No. Experience of less than six months in any organisation will not be considered for eligibility. |
| Is NOC required for Government employees? | Yes. Candidates working in Government/Quasi-Government offices, PSUs, Nationalised Banks, Financial Institutions or SBI Group companies should produce a No Objection Certificate at the time of interview. |
| What happens if two candidates obtain the same cut-off marks? | Candidates with common marks at the cut-off point will be ranked according to their age in descending order, meaning the older candidate will receive the higher rank. |
