SBI Wealth Management Recruitment 2026 – 6 Posts

State Bank of India (SBI)

SBI Wealth Management Recruitment 2026 – 6 Specialist Officer Posts, Apply Online

SBI Wealth Management Recruitment 2026

The State Bank of India (SBI) has published an official recruitment notification for the engagement of Specialist Cadre Officers in its Wealth Management & Premier Banking Department.

Through Advertisement No. CRPD/SCO/2026-27/25, SBI is recruiting experienced professionals for six vacancies across five different positions. The available roles include Head Sales, Central Research Team (Product Lead), Manager (Business Process), Project Development Manager (Technology), and Central Operations Team (COT) Support.

The recruitment is being conducted on a contract basis, with the advertised annual Cost to Company (CTC) ranging from ₹37.20 lakh to ₹1.99 crore, depending on the position.

Candidates with relevant qualifications and professional experience in banking, wealth management, financial services, technology or investment research can review the eligibility requirements and submit their applications through the official SBI Careers portal.

SBI Recruitment 2026 – Overview

SBI Vacancy Details 2026

The bank has announced six vacancies across five specialist positions.

The notification specifies one OBC vacancy for COT Support and one SC vacancy for the Central Research Team (Product Lead). The remaining advertised vacancies are unreserved.

Educational Qualification and Experience

SBI has prescribed different academic qualifications and professional experience requirements for each position.

1. Head Sales – 1 Post

Educational Qualification:

• MBA/PGDM from a reputed college or university.
• Preferred certifications: CFP, CFA, NISM V-A or NISM 21-A.

Required Experience:

• Minimum 15 years of experience managing sales teams in Wealth Management, Retail Banking or Asset Management Companies (AMCs).
• At least 8 years of experience leading large teams of Relationship Managers and Team Leads, preferably in wealth management firms or AMCs.

Preferred Skills:

• Strong knowledge of equity products, PMS, AIF, Mutual Funds and advisory services.
• Experience with CRM systems.
• Leadership and team management capabilities.
• National-level experience in large wealth management organizations.

2. Central Research Team (Product Lead) – 2 Posts

Educational Qualification:

MBA/PGDM from a recognized college or university, or CA/CFA.

Preferred certifications include NISM Investment Advisor, Research Analyst Certificate, CFP, NISM 21A or 21B.

Required Experience:

Minimum 5 years of experience in Equity Research or Products within Wealth Management, Mutual Funds/AMC or Banks.

Preferred Skills:

• Equity and fixed-income research.
• Mutual fund research and analytics.
• Knowledge of Indian and global economic trends.
• PMS, AIF, Mutual Funds and structured products.
• Excel, financial modelling, Bloomberg, Reuters, Morningstar or CRISIL databases.

3. Manager (Business Process) – 1 Post

Educational Qualification:

MBA/PGDM from a Government-recognized university or institution.

Required Experience:

Minimum 5 years of post-qualification experience in banks, wealth management firms or broking firms.

Experience in wealth management business processes is preferred.

4. Project Development Manager (Technology) – 1 Post

Educational Qualification:

Any of the following qualifications from a Government-recognized university or institution:

• BE/B.Tech
• ME/M.Tech
• MBA
• MMS
• PGDM
• PGDBM

Required Experience:

Minimum 4 years of experience in banking technology, preferably in a business function.

5. Central Operations Team (COT) Support – 1 Post

Educational Qualification:

Graduation from a Government-recognized university or institution.

Required Experience:

Minimum 3 years of experience in financial services, investment advisory, private banking or wealth management solution providers.

Out of this, at least 2 years must be in Central Operations within the Wealth Management business.

Required Skills:

Excellent knowledge of equity products, structured products, PMS, Mutual Funds and advisory services.

SBI Wealth Management Salary 2026

One of the notable features of this recruitment is the advertised annual CTC, which varies according to the post and candidate's experience.

Important: These are maximum annual CTC limits, not guaranteed fixed in-hand salaries. The final CTC is negotiable and depends on experience, current remuneration and place of posting.

Contract Period

• Initial contract period: 5 years.
  
• Renewable for another 4 years at the Bank's discretion, subject to applicable conditions.
  
• Annual increment and Performance Linked Pay (PLP) are subject to the Bank's policy and performance rating.
  
• Contract termination requires two months' notice from either side or payment/surrender of equivalent compensation.

SBI Age Limit 2026

The age limit is calculated as on 31 August 2026.

Upper-age relaxation for eligible reserved categories will be applicable according to Government of India guidelines.

Application Fee

Candidates are required to pay the following non-refundable application fee:

Payment can be made through the online payment gateway using Debit Card, Credit Card, Internet Banking or other available methods.

Transaction charges, if applicable, must be borne by the candidate.

Important Dates

Candidates are advised to complete the registration and payment process before the deadline.

Selection Process

The SBI Specialist Cadre Officer selection process consists of the following stages:

Shortlisting

SBI will review applications based on the eligibility requirements, qualifications, experience and other parameters determined by the shortlisting committee.

Meeting the minimum eligibility criteria does not guarantee an interview call.

Personal / Video Interview

Shortlisted candidates will be invited for one or more rounds of personal or video interviews.

The interview carries 100 marks. The qualifying marks will be determined by the Bank.

CTC Negotiation

SBI may negotiate the Cost to Company with shortlisted or provisionally qualified candidates during or after the interview process.

Final Merit List

The merit list will be prepared in descending order based only on interview scores.

In case of a tie at the cut-off marks, the older candidate will be ranked higher.

Job Location

The suggested place of posting is Mumbai. However, this is indicative only.

Selected candidates may be posted anywhere in India at the sole discretion of State Bank of India.

Documents Required

Applicants should keep the following documents ready for online registration:

1. Recent passport-size photograph.
2. Signature.
3. Brief resume in PDF format.
4. Identity proof.
5. PAN Card.
6. Educational certificates and mark sheets.
7. Relevant experience certificates.
8. Form-16, offer letter or latest salary slip.
9. No Objection Certificate (if applicable).
10. PwBD certificate (if applicable).
11. Biodata and CTC format.

Candidates must upload documents in the prescribed format and size specified in the official notification.

How to Apply for SBI Wealth Management Recruitment 2026?

Eligible applicants can follow these steps to complete the online application:

1. Visit the official SBI Careers website.
2. Open the Current Openings section.
3. Search for Advertisement No. CRPD/SCO/2026-27/25.
4. Download and carefully read the official recruitment notification.
5. Click on the online application link.
6. Complete registration using a valid email ID and mobile number.
7. Enter personal, educational and professional experience details.
8. Upload the required photograph, signature and supporting documents.
9. Pay the application fee, if applicable.
10. Review all details before final submission.
11. Submit the application and save the registration details.
12. Download or print the completed application form and fee receipt.

Important: SBI states that corrections will not be allowed after final submission. Candidates should verify all details carefully before submitting the form.

Important Links

To locate the advertisement, open Current Openings and search for CRPD/SCO/2026-27/25.

Frequently Asked Questions (FAQs)

1. How many vacancies are available in SBI Wealth Management Recruitment 2026?

There are six vacancies across five Specialist Cadre Officer positions.

2. What is the last date to apply for SBI SCO Recruitment 2026?

The last date for online registration and application fee payment is 21 October 2026.

3. What is the salary of SBI Wealth Management Officers?

The advertised maximum annual CTC ranges from ₹37.20 lakh to ₹1.99 crore, depending on the position.

4. What is the application fee for General and OBC candidates?

General, OBC and EWS candidates must pay ₹750 as a non-refundable application fee.

5. Is there any application fee for SC/ST candidates?

No. SC, ST and PwBD candidates are exempted from the application fee.

6. What is the age limit for SBI Head Sales Recruitment?

The age limit for Head Sales is 40 to 52 years as on 31 August 2026.

7. Is SBI Wealth Management Recruitment permanent?

No. The advertised positions are contractual, initially for five years, with a possible extension of another four years at the Bank's discretion.

8. What is the selection process for SBI Specialist Officers?

Selection involves shortlisting, personal or video interview and CTC negotiation.

9. Can candidates apply for multiple SBI posts?

Yes. Candidates may apply for more than one post if they satisfy the eligibility criteria for each position.

10. Where can candidates apply online?

Applications can be submitted through the official SBI Careers portal at https://sbi.bank.in/web/careers/current-openings.

Conclusion

SBI Wealth Management Recruitment 2026 provides six contractual opportunities for experienced professionals in banking, investment research, financial services, business processes and technology.

With annual CTC limits reaching ₹1.99 crore for the Head Sales position, the recruitment includes several senior-level specialist roles. Interested candidates should carefully review the official notification, verify their eligibility and complete the online application before 21 October 2026.

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