The State Bank of India (SBI) has released the notification for SBI Wealth Management Recruitment 2026 for Specialist Cadre Officers on a contractual basis. The recruitment is being conducted under Advertisement No. CRPD/SCO/2026-27/23 for experienced professionals in Wealth Management and related financial services roles.
A total of 220 posts are being advertised across positions such as Zonal Head, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth. The online application process started on 4th September 2026 and the last date to apply is 25th September 2026.
The positions are offered on a 5-year contract, which can be renewed for another four years at the discretion of SBI. The upper annual CTC ranges from ₹27.10 lakh to ₹97 lakh, depending on the post.
SBI Wealth Management Recruitment 2026 Overview
| Particulars | Details |
|---|---|
| Organization | State Bank of India |
| Recruitment | Specialist Cadre Officers, Wealth Management |
| Advertisement No. | CRPD/SCO/2026-27/23 |
| Total Vacancies | 220 |
| Application Mode | Online |
| Application Start Date | 04 Sept 2026 |
| Last Date | 25 Sept 2026 |
| Job Type | Contract Basis |
| Contract Period | 5 Years |
| Selection Process | Shortlisting, Interview, CTC Negotiation |
| Official Website | SBI Careers |
SBI SCO Recruitment 2026 Important Dates
| Event | Date |
|---|---|
| Notification | September 2026 |
| Online Application Starts | 04 September 2026 |
| Last Date to Apply | 25 September 2026 |
| Last Date for Fee Payment | 25 September 2026 |
| Interview | To be announced |
SBI has advised candidates to regularly check its Careers page for further updates, including shortlisting and interview information.
SBI Wealth Management Vacancy 2026
The recruitment covers seven specialist positions in SBI’s Wealth Management business.
| Post Name | Vacancies |
|---|---|
| Zonal Head (Retail) | 1 |
| Regional Head (RH) | 6 |
| Relationship Manager-Team Lead | 33 |
| Investment Specialist (IS) | 13 |
| Investment Officer (IO) | 4 |
| VP Wealth | 91 |
| AVP Wealth | 72 |
| Total | 220 |
The recruitment includes regular and backlog vacancies. The number of vacancies is provisional and SBI reserves the right to change the vacancies according to its actual requirements.
Circle-Wise Posts
For Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth, candidates are required to provide three different Circle preferences in the online application.
The notification lists opportunities across SBI Circles including Amaravati, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Gandhinagar, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Maharashtra, Mumbai Metro, New Delhi, Patna and Thiruvananthapuram.
SBI Wealth Management Eligibility Criteria 2026
The eligibility requirements vary according to the post. Candidates must possess the required qualification and relevant post-qualification experience as on 31 August 2026.
Educational Qualification and Experience
| Post | Qualification | Required Experience |
|---|---|---|
| Zonal Head (Retail) | Graduation | Minimum 15 years |
| Regional Head | Graduation | Minimum 12 years |
| Relationship Manager-Team Lead | Graduation | Minimum 8 years |
| Investment Specialist | Relevant PG Degree/PG Diploma or CA/CFA | Minimum 6 years |
| Investment Officer | Relevant PG Degree/PG Diploma or CA/CFA | Minimum 4 years |
| VP Wealth | Graduation | Minimum 6 years |
| AVP Wealth | Graduation | Minimum 3 years |
For several positions, SBI gives preference to candidates with qualifications such as MBA in Banking/Finance/Marketing, CFP, CFA and relevant NISM certifications, depending on the post.
Zonal Head
Candidates require graduation from a recognized university or institution. SBI prefers candidates having an MBA in Banking, Finance or Marketing with 60% and certifications such as CFP, CFA or relevant NISM certifications.
The mandatory experience is at least 15 years in sales management in Wealth Management, Retail Banking or AMCs, including at least five years leading a large team of Relationship Managers and Team Leads.
Regional Head
Candidates require graduation and a minimum of 12 years of post-qualification experience, preferably in relationship management or wealth management with leading public, private or foreign banks, wealth management firms or AMCs.
At least five years of experience in leading a large team of Relationship Managers or Team Leads is preferred.
Relationship Manager-Team Lead
Candidates need graduation and at least 8 years of post-qualification experience in relationship management, preferably in wealth management with banks, broking/securities firms or AMCs.
Experience as a Team Lead is preferred.
Investment Specialist
Candidates need a relevant PG degree or PG diploma in areas such as Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science, or CA/CFA.
The required experience is at least 6 years after qualification as an investment advisor, counsellor, officer or product-team professional in Wealth Management firms or AMCs.
Investment Officer
The Investment Officer position also requires a relevant professional PG qualification or CA/CFA, with the required post-qualification experience prescribed by SBI for the role.
VP Wealth
VP Wealth is a senior Wealth Management position requiring graduation and relevant experience in wealth management, banking or related financial services.
AVP Wealth
Candidates require graduation from a recognized university or institution. SBI gives preference to candidates with post-graduation in Finance, Marketing or Banking and certifications such as NISM V-A, NISM XXI-A, CFP or CFA.
The notification requires three years of experience in sales and marketing with leading public/private/foreign banks, Wealth Management firms or AMCs. SBI Wealth CREs with four years of experience are also mentioned in the eligibility criteria.
SBI SO Recruitment Age Limit 2026
The age limit is post-specific and must be calculated as on 31 August 2026.
| Post | Minimum Age | Maximum Age |
|---|---|---|
| Zonal Head | 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 as per Government of India guidelines.
SBI Wealth Management Salary 2026
These are contractual positions with negotiated CTC. SBI has prescribed an upper annual CTC range for each position.
| Post | Upper Annual CTC |
|---|---|
| Zonal Head (Retail) | ₹97.00 Lakhs |
| Regional Head | ₹66.40 Lakhs |
| Relationship Manager-Team Lead | ₹51.80 Lakhs |
| Investment Specialist | ₹44.50 Lakhs |
| Investment Officer | ₹27.10 Lakhs |
| VP Wealth | ₹44.70 Lakhs |
| AVP Wealth | ₹30.20 Lakhs |
The actual annual CTC is negotiable and depends on the candidate’s experience, current compensation and place of posting. The CTC may include fixed pay, allowances, performance-linked pay and other benefits.
Contract Period
The initial contract period is five years. SBI may renew the contract for another four years at its discretion, subject to the applicable conditions. The contract can also be terminated by either side with two months’ notice or payment/surrender of two months’ compensation in lieu of notice.
SBI SCO Recruitment 2026 Application Fee
| Category | Fee |
|---|---|
| UR / EWS / OBC | ₹750 |
| SC / ST / PwBD | Nil |
The fee and intimation charges are non-refundable. Payment is made online through the integrated payment gateway.
SBI Wealth Management Selection Process 2026
There is no written examination mentioned for this recruitment. The selection process consists of:
- Shortlisting of applications
- Personal, telephonic or video interview
- CTC negotiation
- Final merit preparation
SBI will decide the shortlisting parameters based on the requirements of the post. Simply meeting the minimum qualification and experience does not guarantee an interview call.
Interview
The interview carries 100 marks. SBI will decide the qualifying marks for the interview.
The final merit list will be prepared in descending order based on the interview score. If candidates have the same marks at the cut-off point, the older candidate will receive the higher rank based on age in descending order.
How to Apply for SBI Wealth Management Recruitment 2026
Eligible candidates can apply online through the SBI Careers portal.
Steps to Apply
- Visit the SBI Careers Current Openings page.
- Find Specialist Cadre Officers on Contract Basis for Wealth Management & Premier Banking.
- Open Advertisement No. CRPD/SCO/2026-27/23.
- Click Apply Now.
- Register using your basic details and valid email ID.
- Enter your educational qualification and professional experience.
- Select the applicable post or posts.
- For the applicable Wealth Management positions, provide three different Circle preferences.
- Upload the required documents.
- Pay the application fee, if applicable.
- Submit the application.
- Download and keep the application form and e-receipt for future reference.
SBI states that candidates can apply for more than one post if they fulfil the eligibility requirements for each post.
Documents Required
Candidates should keep the following documents ready:
- Recent photograph
- Signature
- Brief resume
- Identity proof
- PAN Card
- Educational certificates and mark sheets
- Experience certificates
- Latest salary slip, Form-16 or offer letter, where applicable
- PwBD certificate, if applicable
- NOC, if applicable
- Biodata
- CTC format
SBI requires documents to be uploaded in PDF format, while photograph and signature have separate JPG/JPEG requirements.
Important Instructions
Candidates should note the following points before applying:
- Eligibility is calculated as on the dates specified in the notification.
- Teaching and training experience is not counted for eligibility.
- Experience of less than six months in an organization is not considered for eligibility.
- Candidates must provide proper experience certificates.
- SBI Group employees need to produce an NOC from their employer.
- Candidates can apply for more than one post if they satisfy the eligibility conditions.
- For five specified Wealth Management posts, candidates must select three different Circle preferences.
- No request to change Circle preference will be entertained after submission.
- SBI reserves the right to transfer contractual officers to other SBI offices, subsidiaries or organizations depending on service requirements.
- Shortlisting is provisional and subject to document verification.
- No hard copy of the application needs to be sent to SBI.
Important Links
| Link | Details |
|---|---|
| SBI Current Openings | Check Here |
| SBI Wealth Management Notification | Download Official Notification PDF |
| Apply Online | Click Here |
| SBI Careers | sbi.bank.in/web/careers |
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General Queries
What is SBI Wealth Management Recruitment 2026?
It is SBI’s recruitment drive for Specialist Cadre Officers on a contractual basis in Wealth Management and related roles under Advertisement No. CRPD/SCO/2026-27/23.
How many vacancies are available?
SBI Wealth Management Recruitment 2026 has 220 advertised vacancies across seven specialist positions.
What is the last date to apply for SBI Wealth Management Recruitment 2026?
The last date to submit the online application and pay the applicable fee is 25 September 2026.
Is there a written exam for SBI Wealth Management Recruitment?
The notification provides for shortlisting followed by personal, telephonic or video interview and CTC negotiation. It does not prescribe a written examination for these posts.
What is the maximum salary in SBI Wealth Management Recruitment 2026?
The highest upper annual CTC is ₹97 lakh for Zonal Head (Retail). Actual CTC is negotiable based on experience, current compensation and place of posting.
What is the contract period?
The initial contract period is five years, with the possibility of renewal for another four years at SBI’s discretion.
Who can apply for SBI Wealth Management posts?
Experienced professionals meeting the post-specific educational qualification, age and work-experience requirements can apply. The required experience ranges from 3 years to 15 years, depending on the position.