State Bank of India (SBI) has released a recruitment notification for the engagement of Specialist Cadre Officers on Contract Basis under Wealth Management. Eligible candidates can apply online for various posts including Zonal Head, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth.
| SBI Recruitment 2026 – Wealth Management Notification | |
| Job Location: Across India | |
| Organization Name | State Bank of India (SBI) |
| Post Name | Specialist Cadre Officers – Wealth Management |
| No. of Vacancies | 207 Posts |
| Qualification | Degree |
| Official Website | https://sbi.bank.in/ |
| Mode | Online |
SBI Wealth Management Vacancy Details
- Zonal Head (Retail): 1 Post
- Regional Head (RH): 5 Posts
- Relationship Manager – Team Lead: 24 Posts
- Investment Specialist (IS): 9 Posts
- Investment Officer (IO): 4 Posts
- VP Wealth (SRM): 91 Posts
- AVP Wealth (RM): 73 Posts
Total: 207 Regular Vacancies. The notification also mentions backlog vacancies separately.
Post Details
- Zonal Head (Retail): Age 35 to 50 years
- Regional Head (RH): Age 35 to 50 years
- Relationship Manager – Team Lead: Age 28 to 42 years
- Investment Specialist (IS): Age 28 to 42 years
- Investment Officer (IO): Age 28 to 40 years
- VP Wealth: Age 26 to 42 years
- AVP Wealth: Age 23 to 35 years
Age will be calculated as on 31.08.2026. Relaxation in the upper age limit for reserved categories will be applicable as per Government of India guidelines.
Educational Qualification
1. Zonal Head (Retail)
- Graduate from a Government recognised University or Institution.
- Preferred: MBA in Banking/Finance/Marketing with 60% marks.
- Preferred certifications include CFP, CFA, NISM V-A, NISM Investment Advisor and NISM 21-A.
2. Regional Head (RH)
- Graduate from a Government recognised University or Institution.
- Preferred: MBA in Banking/Finance/Marketing with 60% marks.
- Preferred certifications include CFP, CFA, NISM V-A, NISM Investment Advisor and NISM 21-A.
3. Relationship Manager – Team Lead
- Graduate from a Government recognised University or Institution.
- Preferred: MBA in Banking/Finance/Marketing with 60% marks.
- Preferred certifications include CFP, CFA, NISM V-A, NISM Investment Advisor and NISM 21-A.
4. Investment Specialist (IS)
- PG Degree or PG Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science from a recognised College/University.
- CA or CFA candidates are also eligible.
- Preferred certifications include CA, CFP, CFA, NISM Investment Advisor, Research Analyst Certificate and NISM 21-A.
5. Investment Officer (IO)
- PG Degree or PG Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science from a recognised College/University.
- CA or CFA candidates are also eligible.
- Preferred certifications include CA, CFP, CFA, NISM Investment Advisor, Research Analyst Certificate and NISM 21-A.
6. VP Wealth
- Graduation from a Government recognised University or Institution.
- Preferred: MBA in Banking/Finance/Marketing with 60% marks.
- Certifications such as NISM V-A, XXI-A, CFP/CFA are preferred.
7. AVP Wealth
- Graduate from a Government recognised University or Institution.
- Weightage will be given to candidates having post-graduation in Finance/Marketing/Banking.
- Certifications such as NISM V-A, XXI-A, CFP/CFA are preferred.
Experience Details
- Zonal Head: Minimum 15 years of experience in managing sales in Wealth Management/Retail Banking/AMCs, including minimum 5 years leading a large team of Relationship Managers and Team Leads.
- Regional Head: Minimum 12+ years of relationship management experience, preferably in Wealth Management, with at least 5+ years leading a large team of Relationship Managers or Team Leads.
- Relationship Manager – Team Lead: Minimum 8 years of post-qualification experience in relationship management, preferably in Wealth Management. Team Lead experience is preferred.
- Investment Specialist: Minimum 6 years of post-qualification experience as an investment advisor/counsellor/officer or part of a product team in Wealth Management Firms/AMCs.
- Investment Officer: Minimum 4 years of post-qualification experience as an investment advisor/counsellor/officer or part of a product team in Wealth Management Firms/AMCs.
- VP Wealth: Minimum 6 years of experience in sales and marketing with leading Public/Private/Foreign Banks, Wealth Management Firms or AMCs. Minimum 6 years as a Relationship Manager or similar role is preferred.
- AVP Wealth: Minimum 3 years of experience in sales and marketing with leading Public/Private/Foreign Banks, Wealth Management Firms, AMCs or SBI Wealth CREs. Minimum 3 years as a Relationship Manager or similar role is preferred.
Note: Teaching and training experience will not be counted for eligibility. Experience of less than six months in any organisation will not be considered.
Salary Details
- Zonal Head (Retail): Up to ₹97.00 Lakhs Annual CTC
- Regional Head (RH): Up to ₹66.40 Lakhs Annual CTC
- Relationship Manager – Team Lead: Up to ₹51.80 Lakhs Annual CTC
- Investment Specialist (IS): Up to ₹44.50 Lakhs Annual CTC
- Investment Officer (IO): Up to ₹27.10 Lakhs Annual CTC
- VP Wealth (SRM): Up to ₹44.70 Lakhs Annual CTC
- AVP Wealth (RM): Up to ₹30.20 Lakhs Annual CTC
The annual CTC is negotiable and will depend on the candidate’s experience, current emoluments and place of posting. Performance Linked Pay and other applicable benefits are also included in the CTC structure.
Contract Period
- The engagement will initially be for 5 years.
- The contract may be renewed for another 4 years at the discretion of SBI, subject to applicable conditions.
- The contract can be terminated by either side by giving 2 months’ notice or payment/surrender of 2 months’ compensation in lieu of notice.
- Officers engaged on contract will be entitled to 30 days of leave during the financial year, subject to Bank rules.
Application Fee
- UR/EWS/OBC Candidates: ₹750/-
- SC/ST/PwBD Candidates: No Fee
- The application fee/intimation charges are non-refundable.
- Payment should be made online through the payment gateway using Debit Card, Credit Card, Internet Banking or other available methods.
Selection Process
The selection process will consist of shortlisting followed by one or more rounds of interview and CTC negotiation.
- Shortlisting of eligible candidates
- Personal/Telephonic/Video Interview
- CTC Negotiation
- Final Merit List
The interview will carry 100 marks. The qualifying marks will be decided by SBI. The final merit list will be prepared based on interview scores. If candidates obtain the same cut-off marks, ranking will be decided according to age in descending order.
Job Location
- Zonal Head: East Zone – Kolkata
- Regional Head: Bengaluru, Bhopal, Hyderabad, Guwahati and Patna
- Relationship Manager – Team Lead: Centres within the applied/opted Circle
- Investment Specialist: Centres within the applied/opted Circle
- Investment Officer: Centres within the applied/opted Circle
- VP Wealth: Centres within the applied/opted Circle
- AVP Wealth: Centres within the applied/opted Circle
For Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth posts, candidates are required to indicate three different Circle preferences while submitting the application.
How to Apply
Eligible candidates can apply online through the official SBI Careers website.
- Visit the official SBI Careers website.
- Go to the Current Openings section.
- Find Advertisement No. CRPD/SCO/2026-27/23.
- Read the detailed notification carefully.
- Click on the Apply Online option.
- Register and fill in the application form carefully.
- Upload the required photograph, signature and supporting documents.
- Pay the applicable application fee online.
- Submit the application form.
- Take a printout of the submitted application for future reference.
Important: Corrections will not be allowed after final submission of the application.
Documents Required
- Recent Photograph
- Signature
- Brief Resume
- ID Proof
- PAN Card
- Educational Certificates/Mark Sheets
- Experience Certificates
- Form-16/Offer Letter/Latest Salary Slip
- PwBD Certificate, if applicable
- No Objection Certificate, if applicable
- Bio-data and CTC Format
Important Dates
- Notification Date: 04.09.2026
- Online Application Start Date: 04.09.2026
- Last Date for Online Application & Fee Payment: 25.09.2026
Important Links
| Notification Link | Click Here |
| Application Link | Apply Now |
| Official Website | Click Here |