State Bank of India (SBI) has released Advertisement No. CRPD/SCO/2026-27/25 to engage 6 Specialist Cadre Officers on contract for its Wealth Management & Premier Banking Department. The posts are Head Sales, Central Research Team (Product Lead), Manager (Business Process), Project Development Manager (Technology) and Central Operations Team (COT) Support. These are senior, experience-heavy roles, and the pay shows it: the annual CTC upper limit runs from ₹37.20 lakh to ₹199.00 lakh. If you have spent years in wealth management, AMCs, broking or banking technology, this is one of those banking jobs that rewards that experience directly.
Online registration and fee payment run from 30 September 2026 to 21 October 2026. Most posts accept an MBA / PGDM; Product Lead also takes CA / CFA, Project Development Manager BE / B.Tech, and COT Support any graduate. Selection is through shortlisting and interview, with pay settled by negotiation. Below you will find vacancies, per-post eligibility, age, CTC, fee, selection and the conditions that can end a candidature. Read the rows for your own post before paying the fee. GovtJobsAlert.in has put everything in one place for you.
SBI is running this recruitment through its Central Recruitment & Promotion Department, Corporate Centre, Mumbai. This is an engagement on contract, not a regular officer appointment, so read the contract terms along with the pay. Mumbai is only the suggested place of posting; the bank can post you anywhere in India, and a request for a specific place may not be entertained.
| Detail | Information |
|---|---|
| Organisation | State Bank of India (SBI) |
| Advertisement No. | CRPD/SCO/2026-27/25 |
| Department | Wealth Management & Premier Banking |
| Total Vacancies | 6 |
| Nature of Engagement | Contract, 5 years |
| Annual CTC (upper limit) | ₹37.20 lakh to ₹199.00 lakh |
| Suggested Place of Posting | Mumbai |
| Application Window | 30 September 2026 to 21 October 2026 |
| Selection | Shortlisting, then Interview cum CTC negotiation |
The reservation split is different for every post, so check the row for your own post rather than the total.
| Post | Category-wise Vacancies | Total |
|---|---|---|
| Head Sales | UR 1 | 1 |
| Central Research Team (Product Lead) | SC 1, UR 1 | 2 |
| Manager (Business Process) | UR 1 | 1 |
| Project Development Manager (Technology) | UR 1 | 1 |
| Central Operations Team (COT) Support | UR 0, OBC 1 (PwBD-VI horizontal 1) | 1 |
| Total | UR 4, SC 1, OBC 1 | 6 |
COT Support has no Unreserved seat. Its only vacancy is an OBC seat, with a horizontal PwBD (VI) reservation marked against it. No post carries an ST or EWS seat, and every seat is a regular vacancy with no backlog. Reserved-category candidates, including PwBD, can still apply against UR seats if they meet every condition set for UR. The bank says the vacancies are provisional and may change with its actual requirement. You can apply for more than one post if you meet the eligibility for each one.
| Post | Mandatory | Preferred |
|---|---|---|
| Head Sales | MBA or PGDM from reputed colleges or universities | CFP, CFA, NISM V-A or NISM 21-A |
| Central Research Team (Product Lead) | MBA or PGDM from a recognised college or university, or CA, or CFA | NISM Investment Advisor or Research Analyst Certificate, CFP, NISM 21A or 21B |
| Manager (Business Process) | MBA or PGDM from a Government-recognised university or institution | Not prescribed |
| Project Development Manager (Technology) | BE, B.Tech, ME, M.Tech, MBA, MMS, PGDM or PGDBM from a Government-recognised university or institution | Not prescribed |
| Central Operations Team (COT) Support | Graduation from a Government-recognised university or institution | Not prescribed |
Four of the five posts suit post-graduate job seekers with a management degree; graduates can apply for COT Support or, with a BE / B.Tech, Project Development Manager.
| Post | Mandatory Experience |
|---|---|
| Head Sales | Minimum 15 years managing sales teams in Wealth Management, Retail Banking or AMCs, of which at least 8 years leading a large team of Relationship Managers and Team Leads, preferably in Wealth Management firms or AMCs |
| Central Research Team (Product Lead) | Minimum 5 years in Equity Research or Products in Wealth Management, AMC (Mutual Funds) or Banks |
| Manager (Business Process) | Minimum 5 years post-qualification in Banks, Wealth Management firms or broking firms |
| Project Development Manager (Technology) | Minimum 4 years in banking technology, preferably in a business function |
| Central Operations Team (COT) Support | Minimum 3 years in financial services, investment advisory, private banking or Wealth Management Solution Providers, of which at least 2 years in Central Operations in Wealth Management business |
Two rules can shrink your counted experience. Teaching and training experience will not be counted, and experience of less than six months in any organisation is not considered. Your experience certificate must say specifically that you worked in the related field. For Head Sales, Product Lead and Manager (Business Process), the notification says the preferred skills will be tested at the interview, so prepare for them too.
| Post | Minimum Age | Maximum Age |
|---|---|---|
| Head Sales | 40 years | 52 years |
| Central Research Team (Product Lead) | 30 years | 45 years |
| Manager (Business Process) | 30 years | 40 years |
| Project Development Manager (Technology) | 25 years | 40 years |
| Central Operations Team (COT) Support | 30 years | 40 years |
🎂 Not sure if you meet the age criteria? Use our free Age Calculator for Government Exams to find your exact age on the cut-off date and instantly check your eligibility — including any age relaxation you qualify for. →
The maximum age shown is for UR candidates. Reserved categories get upper age relaxation as per Government of India guidelines, wherever applicable. Notice the minimum age too: Head Sales will not take anyone below 40.
| Post | Annual CTC (upper limit) | Fixed Pay (up to) |
|---|---|---|
| Head Sales | ₹199.00 lakh | ₹147.00 lakh |
| Central Research Team (Product Lead) | ₹77.20 lakh | ₹57.00 lakh |
| Manager (Business Process) | ₹47.20 lakh | ₹34.75 lakh |
| Project Development Manager (Technology) | ₹47.20 lakh | ₹34.75 lakh |
| Central Operations Team (COT) Support | ₹37.20 lakh | ₹27.32 lakh |
| Component | Amount |
|---|---|
| Conveyance, Mobile, Medical Allowances | ₹0.38 lakh (Head Sales, Product Lead); ₹0.32 lakh (other three posts) |
| Performance Linked Pay | 0% to 35% of Fixed Pay |
| Annual Increment Band | 0% to 25% |
These are upper limits, not fixed salaries. The annual CTC is negotiable and depends on your experience, your current pay and the place of posting. The bank also asks for your Form-16, offer letter or latest salary slip with the application.
The contract runs for 5 years, renewable for another 4 years at the bank’s discretion. Either side can end it with 2 months’ notice or 2 months’ compensation. You get 30 days of leave in each financial year.
| Stage | Detail |
|---|---|
| Shortlisting | A committee sets the shortlisting parameters; only an adequate number of candidates, as decided by the bank, is called |
| Interview | One or more rounds of personal or video interview, carrying 100 marks; qualifying marks decided by the bank |
| CTC Negotiation | At the interview or on a later date, in order of merit |
Meeting the minimum required qualifications and experience does not entitle you to an interview call, and no correspondence will be entertained in this regard. The merit list is prepared only on interview scores, and if candidates tie at the cut-off, the older candidate ranks higher. If you do not agree to the CTC offered, you are treated as having voluntarily exited, and the next candidate in merit is considered. Call letters come by email or on the bank’s website. Eligible outstation candidates get shortest-route fare or actual cost, whichever is lower; local conveyance is not paid.
| Event | Date |
|---|---|
| Advertisement date | 30 September 2026 |
| Online registration and fee payment start | 30 September 2026 |
| Last date for registration and fee payment | 21 October 2026 |
| Cut-off date for age, qualification and experience | 31 August 2026 |
| Interview date | Not announced yet |
Your registration is complete only when the fee is paid online on or before 21 October 2026.
| Category | Fee |
|---|---|
| UR / EWS / OBC | ₹750 |
| SC / ST / PwBD | Nil |
Pay online through the payment gateway using debit card, credit card or internet banking; any transaction charges are yours to bear. The fee will not be refunded or adjusted against any other selection. If you apply more than once, only the last complete application is kept and the fee paid on the others is forfeited.
These lines sit in the fine print, and each one can end your candidature.
| Condition | What it means for you |
|---|---|
| Missing documents | If you do not upload your resume, ID proof, age proof, caste or PwBD certificate, education and experience details and biodata, your application will not be considered for shortlisting or interview |
| Document verification | Shortlisting is provisional; your candidature is subject to verification of all details and documents with the originals when you report for interview |
| Found ineligible at interview | You will not be allowed to appear, and you will not be reimbursed any travel expenses |
| Earlier offer not joined | If you were selected and issued an offer letter in an earlier Wealth Management & Premier Banking recruitment but did not join, you are debarred from applying for 2 years from the date of non-joining |
| Resigned from these contract posts | You are debarred from applying for posts in this advertisement for 2 years from resignation; if a caution notice was issued, you are barred from all future SBI recruitments |
| Adverse character report | Candidates with adverse reports on character, antecedents or moral turpitude are not eligible; if found after selection, the candidature or service is rejected |
| False information | Furnishing false information or suppressing facts means you will be disqualified and liable for debarment and legal or criminal action; fraud or impersonation can get you debarred from future SBI recruitment. If this is detected even after engagement, your contract is liable to be terminated |
| Government, PSU or bank employee | Submit a No Objection Certificate at the interview, failing which your candidature may not be considered and travelling expenses otherwise admissible will not be paid |
| SBI Group company employee | You must produce an NOC from your employer while applying |
| OBC-NCL certificate | Must be issued between 01.04.2026 and the interview date; no extension is given and the candidature will be cancelled |
| OBC creamy layer | Not entitled to OBC reservation or relaxation; apply as UR |
| Caste and experience certificates | A caste certificate not in the Government of India format may lead to cancellation; without a proper experience certificate the bank can cancel the candidature at any time |
| EWS certificate | Income & Asset Certificate for FY 2025-26, valid for FY 2026-27, is needed by the closing date; without it, apply under UR |
| Photo and signature | The application will not be registered without them; a signature in capital letters is not accepted, and an unclear face or signature may lead to rejection |
| Criminal cases | You must disclose pending criminal cases at the interview; the bank may verify police records and deny engagement |
| Medical fitness and discharge | Engagement depends on being declared medically fit, and you must produce a proper discharge certificate from your employer when you join |
| Bank’s right | The bank can cancel the recruitment entirely, or for any particular post, at any stage without giving reasons |
| Step | Action |
|---|---|
| 1 | Open the SBI careers page or the application portal (links in Essential Links below) and choose Advertisement No. CRPD/SCO/2026-27/25 |
| 2 | Register with a valid email ID that will stay active till the result; note the provisional registration number and password |
| 3 | Fill the form and upload your photograph, signature and the PDF documents; a saved application can be edited only three times |
| 4 | Pay ₹750 online if you are UR, EWS or OBC; SC, ST and PwBD candidates pay nothing |
| 5 | Submit, then print the e-receipt and the application form |
Keep the photograph (20-50 kb) and signature (10-20 kb) in JPG, and every other document as an A4 PDF of up to 500 kb. Check everything before final submission, because corrections are not allowed after it. You do not need to post a hard copy. Three documents that can cost your candidature are the experience certificate, the NOC if you are employed in government, a PSU, a bank or the SBI Group, and your category certificate.
If your experience matches one of these five posts, this is a chance to take it into SBI at a negotiable CTC. Match your age, degree and years of experience against your post’s row, get your experience certificate and NOC in order, and finish the registration and fee payment before 21 October 2026 instead of waiting for the last evening. For more openings in commerce and finance, keep visiting GovtJobsAlert.in.
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