SBI SCO Recruitment 2026 – Apply Online for 207 Specialist Cadre Officer Posts | Bachelor’s Degree Jobs

Job Description

State Bank of India (SBI) has announced a major recruitment opportunity for experienced banking, wealth management, finance and sales professionals through SBI Specialist Cadre Officer Recruitment 2026.

Under Advertisement No. CRPD/SCO/2026-27/23, SBI is inviting online applications for 207 Specialist Cadre Officer (SCO) vacancies in its Wealth Management & Premier Banking business.

The recruitment includes positions such as Zonal Head, Regional Head, Relationship Manager–Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth.

For several posts, the minimum educational qualification is a Bachelor’s Degree / Graduation from a recognised University or Institution. However, Investment Specialist and Investment Officer positions require specialised postgraduate or professional qualifications.

These are experienced-professional positions, so relevant post-qualification work experience is mandatory. Depending on the post, candidates should have approximately 3 to 15 years of relevant experience.

Online registration started on 4 September 2026, and the last date to submit the application is 25 September 2026. SBI’s official Careers page currently lists this recruitment under Wealth Management & Premier Banking with the same application dates.

SBI SCO Recruitment 2026 – Job Overview

Particulars	Details
Company Name	State Bank of India (SBI)
Recruitment	Specialist Cadre Officers – Wealth Management & Premier Banking
Advertisement No.	CRPD/SCO/2026-27/23
Job Roles	Zonal Head, Regional Head, RM Team Lead, Investment Specialist, Investment Officer, VP Wealth, AVP Wealth
Total Vacancies	207
Job Location	Pan India / Multiple SBI Circles
Salary	CTC up to approximately ₹97 Lakh per annum depending on post
Qualification	Bachelor’s Degree for most posts; PG / MBA / CA / CFA or other specialised qualifications for selected posts
Experience	Approximately 3–15 Years depending on post
Age Limit	23–50 Years depending on post
Job Type	Contractual
Contract Period	Initially 5 Years
Application Mode	Online
Application Start Date	4 September 2026
Last Date to Apply	25 September 2026

Job Description

SBI Specialist Cadre Officer Recruitment 2026 is primarily targeted at experienced professionals who want to build or advance their careers in wealth management, premier banking, investment advisory, relationship management, sales and financial services.

Selected candidates will work with SBI’s Wealth Management and Premier Banking vertical and may be responsible for managing high-value customers, investment portfolios, sales teams, relationship managers and specialised financial products.

Unlike SBI Clerk or Probationary Officer recruitment, this recruitment is not mainly intended for fresh graduates.

Candidates must have relevant professional experience according to the selected post.

For several positions such as Zonal Head, Regional Head, Relationship Manager–Team Lead, VP Wealth and AVP Wealth, a Bachelor’s Degree / Graduation is the essential educational qualification.

About State Bank of India

State Bank of India is one of India’s largest banking institutions and provides banking and financial services to individual customers, businesses, corporations and government organisations.

SBI operates an extensive branch and digital banking network and offers services including:

• Retail Banking
• Corporate Banking
• Wealth Management
• Investment Services
• Loans and Credit
• Digital Banking
• International Banking
• Treasury Services
• Insurance and Investment Products

The Bank regularly recruits professionals through its Specialist Cadre Officer recruitment programmes for roles requiring specialised experience.

SBI’s official Careers portal currently lists this particular opening as “Engagement of Specialist Cadre Officers on Contract Basis for Wealth Management & Premier Banking.”

SBI SCO Vacancy Details 2026

A total of 207 tentative vacancies have been announced.

Post Name	Vacancies
Zonal Head – Retail	1
Regional Head	5
Relationship Manager – Team Lead	24
Investment Specialist	9
Investment Officer	4
VP Wealth	91
AVP Wealth	73
Total	207

The number of vacancies is tentative and may be changed by SBI according to business requirements.

Eligibility Criteria

Eligibility differs significantly between posts.

Candidates must check:

• Educational qualification
• Relevant professional experience
• Age limit
• Preferred certifications
• Nature of previous employment

before submitting their application.

Education Qualification

Zonal Head – Retail

Essential Qualification:

Bachelor’s Degree / Graduate from a Government-recognised University or Institution

Preferred qualifications may include:

• MBA in Banking
• MBA in Finance
• MBA in Marketing
• CFP
• CFA
• Relevant NISM Certification

Regional Head

Essential Qualification:

Bachelor’s Degree / Graduate from a recognised University or Institution

Preferred:

• MBA
• CFP
• CFA
• NISM Certification
• Banking / Finance-related professional qualifications

Relationship Manager – Team Lead

Essential Qualification:

Bachelor’s Degree / Graduate

Preferred qualifications may include:

• MBA
• CFP
• CFA
• Relevant NISM certifications
• Wealth Management qualifications

Investment Specialist

Candidates should possess a relevant postgraduate degree/diploma in areas such as:

• Finance
• Accountancy
• Business Management
• Commerce
• Economics
• Capital Markets
• Banking
• Insurance
• Actuarial Science

Candidates with professional qualifications such as:

• CA
• CFA

may also be eligible according to the notification.

Investment Officer

Candidates should have an eligible postgraduate degree/diploma in:

• Finance
• Accountancy
• Commerce
• Business Management
• Economics
• Capital Markets
• Banking
• Insurance
• Actuarial Science

or an eligible professional qualification such as:

• CA
• CFA

VP Wealth

Essential Qualification:

Bachelor’s Degree / Graduation

Preferred qualifications include:

• MBA
• NISM V-A
• NISM XXI-A
• CFP
• CFA

AVP Wealth

Essential Qualification:

Bachelor’s Degree / Graduation

Preferred qualifications may include:

• Postgraduate qualification in Finance
• Marketing
• Banking
• MBA
• NISM Certification
• CFP
• CFA

Important Qualification Note

Candidates looking specifically for Bachelor’s Degree jobs in SBI should note that Graduation is the essential academic qualification for several of the largest vacancy categories in this recruitment, including:

• Zonal Head
• Regional Head
• Relationship Manager–Team Lead
• VP Wealth
• AVP Wealth

However, simply having a Bachelor’s Degree is not enough.

Relevant professional experience is compulsory.

Experience Required

Zonal Head – Retail

Minimum:

15 Years of relevant experience

Candidates should have substantial experience in areas such as:

• Wealth Management
• Retail Banking
• Asset Management
• Sales Management

The role also requires significant experience in leading large teams.

Regional Head

Minimum:

12 Years or more of relevant experience

Candidates should have experience in:

• Relationship Management
• Wealth Management
• Banking
• Financial Services
• Asset Management Companies

Experience in managing large teams is important.

Relationship Manager – Team Lead

Minimum:

8 Years of relevant experience

Preferred experience includes:

• Wealth Management
• Relationship Management
• Banking
• Financial Services

Team-lead experience is desirable.

Investment Specialist

Minimum:

6 Years of post-qualification relevant experience

Relevant areas include:

• Investment Advisory
• Investment Counselling
• Wealth Management
• Asset Management
• Investment Products

Investment Officer

Minimum:

4 Years of post-qualification relevant experience

Relevant experience should preferably be in:

• Investment Advisory
• Wealth Management
• Investment Counselling
• AMC / Financial Services

VP Wealth

Essential experience:

Minimum 6 Years

Relevant experience should be in:

• Sales
• Marketing
• Banking
• Wealth Management
• Asset Management

Relationship Manager experience in wealth management is preferred.

AVP Wealth

Essential experience:

Generally 3 Years of relevant Sales & Marketing experience with eligible Banks, Wealth Management organisations or AMCs, or eligible SBI Wealth experience according to the notification.

Experience Cut-Off Date

Qualification and professional experience are considered as on:

31 August 2026

Candidates must possess the required qualification and experience as of the prescribed cut-off date.

Important Experience Rule

Candidates should note:

• Teaching experience is not counted as eligible professional experience.
• Training experience is not considered eligible professional experience.
• Very short employment periods may not be considered according to SBI’s experience-counting conditions.
• Experience certificates should clearly establish designation, tenure and nature of duties.

Age Limit

Age is calculated as on 31 August 2026.

Post	Minimum Age	Maximum Age
Zonal Head – Retail	35 Years	50 Years
Regional Head	35 Years	50 Years
Relationship Manager – Team Lead	28 Years	42 Years
Investment Specialist	28 Years	42 Years
Investment Officer	28 Years	40 Years
VP Wealth	26 Years	42 Years
AVP Wealth	23 Years	35 Years

Upper-age relaxation is available to eligible reserved-category candidates according to applicable Government of India guidelines.

Gender

Eligible candidates of all genders can apply.

Selection is based on:

• Qualification
• Relevant experience
• Age
• Shortlisting criteria
• Interview performance
• Other requirements prescribed by SBI

Job Responsibilities

Responsibilities will differ depending on the selected post.

Zonal Head Responsibilities

• Lead SBI Wealth Management activities within the assigned zone.
• Supervise Regional Heads and senior Wealth Management teams.
• Drive business growth and client acquisition.
• Monitor investment and wealth-management performance.
• Develop sales strategies.
• Ensure achievement of business targets.
• Maintain high service standards for premium customers.
• Ensure regulatory and compliance requirements are followed.

Regional Head Responsibilities

• Manage Wealth Management operations within the assigned region.
• Supervise Relationship Managers and Team Leads.
• Monitor sales and revenue performance.
• Develop High Net Worth Individual customer relationships.
• Improve investment-product penetration.
• Ensure customer retention.
• Support team training and development.
• Monitor regulatory compliance.

Relationship Manager – Team Lead Responsibilities

• Manage a team of Relationship Managers.
• Monitor customer portfolios.
• Guide team members in client acquisition.
• Support sales of investment and wealth products.
• Develop relationships with premium banking customers.
• Ensure achievement of business targets.
• Review team performance.
• Maintain customer-service standards.

Investment Specialist Responsibilities

• Advise customers on investment products.
• Study customer financial goals and risk profiles.
• Recommend investment strategies.
• Analyse financial markets.
• Support Relationship Managers.
• Review investment portfolios.
• Assist customers with asset allocation.
• Ensure suitability of investment recommendations.

Investment Officer Responsibilities

• Assist with investment advisory services.
• Review investment products.
• Support portfolio management.
• Conduct investment research.
• Assist Relationship Managers with investment solutions.
• Monitor customer investments.
• Maintain product and market knowledge.

VP Wealth Responsibilities

• Acquire and manage high-value wealth-management customers.
• Build long-term relationships with clients.
• Identify investment and banking opportunities.
• Cross-sell SBI products.
• Manage customer portfolios.
• Achieve revenue and asset-under-management targets.
• Provide premium banking support.
• Coordinate with investment specialists.

AVP Wealth Responsibilities

• Manage assigned premium customers.
• Develop new client relationships.
• Sell investment and financial products.
• Identify client financial requirements.
• Support portfolio reviews.
• Meet sales targets.
• Improve customer retention.
• Coordinate with internal product specialists.

Required Skills

Professional Skills

Candidates should ideally possess:

• Wealth Management knowledge
• Banking knowledge
• Investment advisory skills
• Financial market understanding
• Portfolio management knowledge
• Relationship management
• Sales management
• Customer acquisition skills
• Investment-product knowledge
• Financial planning
• Risk assessment
• Business development skills

Soft Skills

Important skills include:

• Excellent communication
• Leadership
• Customer relationship management
• Negotiation
• Presentation skills
• Analytical ability
• Decision-making
• Team management
• Problem-solving
• Target-oriented mindset
• Professional ethics
• Customer-service orientation

SBI SCO Salary / CTC Details

SBI has prescribed post-wise upper CTC ranges.

Post	Upper Annual CTC
Zonal Head – Retail	Up to ₹97.00 Lakh
Regional Head	Up to ₹66.40 Lakh
Relationship Manager – Team Lead	Up to ₹51.80 Lakh
Investment Specialist	Up to ₹44.50 Lakh
Investment Officer	Up to ₹27.10 Lakh
VP Wealth	Up to ₹44.70 Lakh
AVP Wealth	Up to ₹30.20 Lakh

The actual CTC offered to a selected candidate may depend on:

• Current salary
• Relevant experience
• Qualification
• Interview performance
• Job location
• Existing compensation
• CTC negotiation with SBI

Therefore, the maximum CTC should not be interpreted as a guaranteed salary for every selected candidate.

Performance Linked Pay

Eligible employees may receive Performance Linked Pay based on the Bank’s applicable policy and individual performance.

The final compensation package can include:

• Fixed Pay
• Performance Linked Pay
• Annual increments
• Other contractual compensation components

subject to SBI rules.

Contract Period

These Specialist Cadre Officer positions are offered on a contractual basis.

The initial contract period is:

5 Years

The contract may potentially be renewed for an additional period at SBI’s discretion, subject to:

• Performance
• Business requirement
• Bank policy
• Other contractual conditions

Candidates should note that these are not the same as SBI’s regular permanent officer recruitment posts.

Application Fee

UR / OBC / EWS Candidates

Application Fee:

₹750

SC / ST / PwBD Candidates

No Application Fee

Payment should be made online during the application process.

The application fee is generally non-refundable once paid.

Selection Process

Unlike many other SBI recruitments, this recruitment does not primarily involve a traditional written competitive examination.

Selection involves:

Shortlisting

SBI will shortlist candidates based on criteria such as:

• Educational qualification
• Relevant experience
• Current job profile
• Previous organisations
• Professional achievements
• Suitability for the position

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

Interview

Shortlisted candidates will be invited for an interview.

The interview may be conducted through:

• Personal Interview
• Video Interview
• Telephonic Interview

or another method determined by SBI.

The interview carries 100 marks.

The Bank will decide the minimum qualifying marks.

CTC Negotiation

Salary / CTC negotiation may be conducted with shortlisted candidates.

Merit List

The final merit list will primarily be prepared based on interview performance, subject to SBI’s prescribed selection rules.

In case candidates secure the same cut-off score, applicable tie-breaking criteria may be applied.

How to Apply for SBI SCO Recruitment 2026

Step 1

Visit the official SBI Careers – Current Openings section.

The official SBI Careers portal currently displays this recruitment and the online application facility for the 4–25 September 2026 application period.

Step 2

Look for:

Engagement of Specialist Cadre Officers on Contract Basis for Wealth Management & Premier Banking

Step 3

Open Advertisement No.:

CRPD/SCO/2026-27/23

Step 4

Read the complete official advertisement carefully.

Step 5

Click the Apply Online option.

Step 6

Complete registration using:

• Valid email address
• Active mobile number
• Basic personal information

Step 7

Fill in:

• Personal details
• Educational qualification
• Professional qualifications
• Employment history
• Relevant work experience
• Current salary / CTC
• Preferred post
• Preferred Circle where applicable

Step 8

Upload the prescribed documents.

Step 9

Pay the application fee if applicable.

Step 10

Review the application carefully.

Step 11

Submit the form.

Step 12

Save or print:

• Application form
• Registration number
• Fee receipt

for future reference.

Hard copies do not generally need to be sent separately unless SBI issues specific instructions.

Required Documents

Candidates should keep the following documents ready:

• Recent photograph
• Scanned signature
• Updated Resume / CV
• Biodata
• Aadhaar Card or valid ID proof
• Proof of date of birth
• Bachelor’s Degree certificate
• Graduation mark sheets
• Postgraduate certificate, if applicable
• MBA certificate, if applicable
• CA certificate, if applicable
• CFA certificate, if applicable
• CFP certificate, if applicable
• NISM certificates, if applicable
• Experience certificates
• Current employment proof
• Previous employment certificates
• Salary slips, where required
• Current CTC proof
• SC certificate, if applicable
• ST certificate, if applicable
• OBC certificate, if applicable
• EWS certificate, if applicable
• PwBD certificate, if applicable
• NOC from current employer where applicable
• Other documents specified in the notification

Candidates should ensure that professional experience documents clearly establish their eligibility.

SBI SCO Circle / Posting Details

Vacancies are available across multiple SBI Circles.

Major locations include:

• Bengaluru
• Bhopal
• Bhubaneswar
• Chandigarh
• Chennai
• Gandhinagar
• Guwahati
• Hyderabad
• Jaipur
• Kolkata
• Lucknow
• Maharashtra
• Mumbai
• New Delhi
• Patna
• Thiruvananthapuram
• Amaravati

Certain posts require candidates to provide preferences for multiple Circles.

Final posting will be subject to SBI requirements.

Kolkata Vacancy Opportunity

Candidates interested in West Bengal should note that Kolkata Circle is among the locations included for several Wealth Management vacancies.

The suggested posting for the Zonal Head – Retail position is also associated with the East Zone / Kolkata according to the recruitment details provided.

Final allocation remains subject to SBI’s decision.

Other Important Details

Freshers Are Not Eligible

Candidates should clearly note that this is not a fresher recruitment drive.

Although a Bachelor’s Degree is sufficient academically for several posts, relevant experience of approximately 3–15 years is mandatory depending on the role.

Multiple Posts

Eligible candidates may apply for more than one post if they independently fulfil all conditions for each position.

Preferred Circles

Candidates applying for designated Wealth Management posts may need to provide multiple Circle preferences.

Circle preference should be entered carefully because changes may not be allowed later.

NOC Requirement

Candidates employed with:

• Government Departments
• Public Sector Undertakings
• Nationalised Banks
• Financial Institutions
• SBI Group organisations

may be required to produce a No Objection Certificate (NOC) at the interview stage.

Interview Communication

Candidates should regularly monitor their:

• Registered email ID
• SBI Careers portal

for interview and recruitment updates.

Why SBI SCO Recruitment 2026 Is a Good Opportunity

This recruitment may be attractive to experienced professionals because it offers:

• 207 vacancies
• Employment with State Bank of India
• Senior Wealth Management positions
• Bachelor’s Degree eligibility for several posts
• CTC packages reaching up to ₹97 lakh annually
• Leadership positions
• Banking and finance career growth
• Investment advisory opportunities
• Pan-India locations
• Performance-linked compensation

Professionals already working in Banking, Wealth Management, Asset Management, Investment Advisory or Financial Services should review the notification carefully.

Frequently Asked Questions

How many vacancies are available in SBI SCO Recruitment 2026?

There are 207 tentative Specialist Cadre Officer vacancies.

What is the qualification for SBI SCO Recruitment 2026?

A Bachelor’s Degree / Graduation is the mandatory academic qualification for several posts including:

• Zonal Head
• Regional Head
• Relationship Manager–Team Lead
• VP Wealth
• AVP Wealth

Investment Specialist and Investment Officer require more specialised postgraduate or professional qualifications.

Can any Bachelor’s Degree holder apply?

Not automatically.

Although several posts accept Graduation in any recognised discipline, candidates must also possess the mandatory relevant professional experience.

Can fresh graduates apply?

No.

This recruitment requires relevant professional experience.

What is the experience required?

Depending on the post, approximately 3 to 15 years of relevant experience is required.

What is the age limit?

The post-wise age range varies from approximately:

23 to 50 years

What is the last date to apply?

The last date is:

25 September 2026

SBI’s current openings page confirms applications are being accepted from 4 September to 25 September 2026.

What is the highest salary offered?

The upper annual CTC for Zonal Head – Retail is approximately:

₹97 Lakh per annum

The actual negotiated CTC may vary.

Is this a permanent SBI job?

No.

These vacancies are being filled on a contractual basis for the Wealth Management & Premier Banking vertical.

What is the contract duration?

The initial contract period is:

5 Years

subject to SBI’s terms and possible extension.

Is there a written examination?

The recruitment details specify selection through shortlisting and interview, followed by applicable CTC negotiation, rather than a standard competitive written examination.

What is the application fee?

UR / OBC / EWS:

₹750

SC / ST / PwBD:

No Fee

Where can candidates apply?

Candidates should apply only through the State Bank of India Careers – Current Openings portal and choose Advertisement No. CRPD/SCO/2026-27/23.

Important Disclaimer

This article has been prepared to help job seekers understand the SBI SCO Recruitment 2026 in simple language.

Candidates should verify all information from the official SBI notification before applying, particularly:

• Educational qualification
• Experience
• Age
• Vacancy
• CTC
• Circle preference
• Document requirements
• Category relaxation
• Selection criteria
• Contract conditions

The Bank may amend recruitment conditions through subsequent notices or corrigenda.