SBI Specialist Cadre Officers (SCO) Recruitment 2026

Overview

State Bank of India (SBI) is looking for experienced professionals for its Wealth Management vertical on a contract basis. These roles are spread across 17 Circles nationwide with a contract duration of 5 years (renewable for another 4 years).

Vacancy Details

Total Tentative Vacancies: 207

• Zonal Head (Retail): 1
• Regional Head: 5
• Relationship Manager–Team Lead: 24
• Investment Specialist: 9
• Investment Officer: 4
• VP Wealth: 91
• AVP Wealth: 73

Eligibility Criteria

Educational Qualification

• Zonal/Regional Head & RM/VP/AVP: Graduate (MBA, CFP/CFA/NISM preferred).
• Investment Specialist/Officer: PG Degree/Diploma in Finance, Accountancy, Commerce, Economics, Capital Markets, Banking, or CA/CFA.

Experience Required

• Zonal Head: 15+ years in Wealth Management/Retail Banking sales.
• Regional Head: 12+ years in relationship management.
• RM-Team Lead: 8+ years in relationship management.
• Investment Specialist: 6+ years as investment advisor/officer.
• Investment Officer: 4+ years post-qualification experience.
• VP Wealth: 6+ years in sales & marketing with banks/wealth firms.
• AVP Wealth: 3+ years in sales & marketing or 4 years as SBI Wealth CRE.

Compensation & Benefits

• Salary: Annual CTC ranges from ₹27.10 Lakhs (Investment Officer) to ₹97.00 Lakhs (Zonal Head).
• Additional: Performance Linked Pay (0% to 45% of Fixed Pay) and Annual Increment Band.

Important Dates

• Registration Start Date: 04-09-2026
• Application Deadline: 25-09-2026

Selection Process

1. Shortlisting: Based on qualifications and experience.
2. Interview: Personal, telephonic, or video interview (100 marks).
3. CTC Negotiation: Individual negotiation for shortlisted candidates.