SBI invites Online applications for the recruitment of 1040 Specialist Officer (SO) Posts. This online facility will be available in the Official website @ https://bank.sbi/ from 19.07.2024 to 08.08.2024. Before applying for the recruitment, candidates must carefully read the SBI SO 2024 notification and ensure their eligibility.
SBI Recruitment 2024 [Quick Summary]
| Organization Name: State Bank of India |
| Notification No: CRPD/SCO/2024-25/09 |
| Job Category: Central Govt Jobs |
| Employment Type: Contract Basis |
| Total No of Vacancies: 1040 Central Research Team (Product Lead), Central Research Team (Support), Project Development Manager (Technology), Project Development Manager (Business), Relationship Manager, VP Wealth +, Relationship Manager – Team Lead, Regional Head, Investment Specialist, Investment Officer Posts |
| Place of Posting: Mumbai/Circles |
| Starting Date: 19.07.2024 |
| Last Date: 08.08.2024 |
| Apply Mode: Online |
| Official Website: https://bank.sbi/ |
Latest SBI Vacancy Details:
| 1. Central Research Team (Product Lead) – 02 Posts |
| 2. Central Research Team (Support) – 02 Posts |
| 3. Project Development Manager (Technology) – 01 Post |
| 4. Project Development Manager (Business) – 02 Posts |
| 5. Relationship Manager – 273 Posts |
| 6. VP Wealth + – 643 Posts |
| 7. Relationship Manager – Team Lead – 33 Posts |
| 8. Regional Head – 06 Posts |
| 9. Investment Specialist – 30 Posts |
| 10. Investment Officer – 49 Posts |
Eligibility Criteria:
Educational Qualification: (As on 01.04.2024)
| 1. Central Research Team (Product Lead) – Mandatory Qualification: MBA/PGDM/PGDBM from Government recognized University or Institution or CA/CFA Preferred Qualification: NISM Investment Advisor/ CFP/NISM 21A or 21B/ Research Analyst Certificate/ |
| 2. Central Research Team (Support) – Mandatory Qualification: Graduate/Post-Graduate in Commerce/ Finance/ Economics/ Management/ Mathematics/ Statistics from Government recognized University or Institution. Post-Qualification Experience: Mandatory Experience: Post Qualification Experience of Minimum 3 years in financial services providing support to Research / Publications department. |
| 3. Project Development Manager (Technology) – Mandatory Qualification: MBA/ MMS/ PGDM/ ME/M.Tech./ BE/B.Tech./ PGDBM from Government recognized University or Institution. Post-Qualification Experience: Mandatory Experience: Minimum 4 years’ post qualification experience in banking Technology preferably in a business function. |
| 4. Project Development Manager (Business) – Mandatory Qualification: MBA/PGDM/PGDBM from Government recognized University or Institution Post-Qualification Experience Mandatory Experience: Post Qualification Experience of Minimum 5 years in Bank/wealth Management firms/broking firms. Preferred Experience: Experience in Supervisory function in Business Process Management in Wealth Management area. |
| 5. Relationship Manager – Mandatory Qualification: Graduate from Government recognized University or Institution Post-Qualification Experience: Mandatory Experience: Post-qualification experience of minimum 3 years as a Relationship Manager in Wealth Management with leading Public/Private/Foreign Banks/Broking/ Security firms. The candidate should have 3 years of experience in building and managing relationship with High-Net-worth Clients (having a minimum Total Relationship Value (TRV) of Rs 20.00 Lakh). |
| 6. VP Wealth + – Mandatory Qualification: Graduate from Government recognized University or Institution. Preferred: MBA (Banking/Finance/Marketing) with 60% from recognized University or Institution. Post-Qualification Experience: Mandatory Experience: Post Qualification Experience of minimum 6 years as a Relationship Manager in Wealth Management with leading Public/ Private/ Foreign banks/Broking/ Security firms. The Applicants should have adequate experience in building and managing relationship with Ultra High Net Worth Clients (having a minimum Total Relationship Value of Rs 100.00 Lakh). |
| 7. Relationship Manager – Team Lead – Mandatory Qualification: Graduate from Government recognized University or Institution. Post-Qualification Experience: Mandatory Experience: Post qualification experience of minimum Five years in relationship management in wealth management with leading Public/ Private/ Broking/ Foreign banks/ Security firms. Preferred Experience: Experience as a Team Lead is preferred. |
| 8. Regional Head – Mandatory Qualification: Graduate from Government recognized University or Institution. Post-Qualification Experience: Mandatory Experience: i. Post Qualification Experience of Minimum 12 years of experience in relationship management in wealth management with leading Public/Private/Foreign Banks/Broking/Security firms. ii. Post Qualification Experience minimum Five years of experience in leading a large team of Relationship Managers or a Team Lead in Wealth Management is mandatory. |
| 9. Investment Specialist – Mandatory Qualification: i. MBA/PGDM/PGDBM from recognized College/University or CA/CFA ii. Certification by NISM 21A (Valid) Preferred Experience: CA/CFP/NISM Investment Advisor / Research Analyst Certificate Post-Qualification Experience: Mandatory Experience: Minimum 6 years of post-qualification experience as an investment advisor/counsellor/officer/part of product team in Wealth Management organization |
| 10. Investment Officer – Mandatory Qualification: i. MBA/PGDM/PGDBM from recognized College/University or CA/CFA ii. Certification by NISM 21A Preferred Qualification: CA/CFP/NISM Investment Advisor / Research Analyst Certificate Post-Qualification Experience Mandatory Experience: Minimum 4 years of post-qualification experience as an investment advisor/counsellor/officer/part of product team in Wealth Management organization |
Age Limit: (As on 01.04.2024)
| 1. Central Research Team (Product Lead) – Min-30 Max-45 Years |
| 2. Central Research Team (Support) – Min-25 Max-35 Years |
| 3. Project Development Manager (Technology) – Min-25 Max-40 Years |
| 4. Project Development Manager (Business) – Min-30 Max-40 Years |
| 5. Relationship Manager – Min-23 Max-35 Years |
| 6. VP Wealth + – Min-26 Max-42 Years |
| 7. Relationship Manager – Team Lead – Min-28 Max-42 Years |
| 8. Regional Head – Min-35 Max-50 Years |
| 9. Investment Specialist – Min-28 Max-42 Years |
| 10. Investment Officer – Min-28 Max-40 Years |
Relaxation of Upper age limit:
| For SC/ ST Candidates: 5 years |
| For OBC Candidates: 3 years |
| For PwBD (Gen/ EWS) Candidates: 10 years |
| For PwBD (SC/ ST) Candidates: 15 years |
| For PwBD (OBC) Candidates: 13 years |
| For Ex-Servicemen Candidates: As per Govt. Policy |
Salary Details:
| 1. Central Research Team (Product Lead) – Rs.61.00 Lakhs |
| 2. Central Research Team (Support) – Rs.20.50 Lakhs |
| 3. Project Development Manager (Technology) – Rs.30.00 Lakhs |
| 4. Project Development Manager (Business) – Rs.30.00 Lakhs |
| 5. Relationship Manager – Rs.30.00 Lakhs |
| 6. VP Wealth + – Rs.45.00 Lakhs |
| 7. Relationship Manager – Team Lead – Rs.52.00 Lakhs |
| 8. Regional Head – Rs.66.50 Lakhs |
| 9. Investment Specialist – Rs.44.00 Lakhs |
| 10. Investment Officer – Rs.26.50 Lakhs |
Selection Process:
| 1. Short Listing |
| 2. Interview. |
Application Fee:
| For SC/ ST/ OBC/ PwBD Candidates – Nil |
| For Other Candidates – Rs.750/- |
| Payment Mode: Online |
How to Apply:
Interested candidates must register and submit online applications at https://bank.sbi/. ONLINE REGISTRATION shall commence at 19.07.2024 and will close at 08.08.2024.
Important Dates:
| Starting Date for Submission of Application: 19.07.2024 |
| Last date for Submission of Application: 08.08.2024 |
Official Notification & Application Link:
| SBI Official Website Career Page: Click Here |
| SBI Official Notification PDF: Click Here |
| SBI Online Application Form: Click Here |
