Verified from official source on 04 Sept 2026

SBI SCO Wealth Management 2026 — 207 Posts (All India)

📍 All IndiaState Bank of India (SBI) — Public Sector Bank, Central Recruitment & Promotion Department (CRPD), Corporate Centre, Mumbai, Ministry of Finance, Govt. of India | Advt No. CRPD/SCO/2026-27/23Bank Jobs
Updated 04 Sept 2026by GovtJobs.io TeamOfficially Verified
Application Mode -Online
SBI SCO Wealth Management 2026 — 207 Posts (All India)
Total Posts
207
Minimum Qualification
Graduate

Overview

State Bank of India (SBI), India's largest public sector bank under the Ministry of Finance, Govt. of India, has released the Specialist Cadre Officer (SCO) Recruitment 2026 notification under Advertisement No. CRPD/SCO/2026-27/23 for 207 posts in its Wealth Management vertical. This SBI SCO Recruitment 2026 sarkari naukri opportunity covers seven distinct posts — Zonal Head (Retail), Regional Head, Relationship Manager–Team Lead, Investment Specialist, Investment Officer, VP Wealth, and AVP Wealth — spread across 17 SBI Circles nationwide. Graduate candidates with relevant wealth management, banking, or financial services experience, aged as specified per post, are eligible to apply online for this SBI Wealth Management Recruitment 2026 drive. Selected Specialist Cadre Officers will manage SBI's high-net-worth and wealth management client relationships, ranging from client-facing Relationship Manager roles to senior Zonal and Regional leadership positions overseeing wealth business across circles. The selection process for SBI SCO Recruitment 2026 consists of Shortlisting based on eligibility, a Personal/Telephonic/Video Interview carrying 100 marks, and individual CTC Negotiation with the Bank, followed by a Merit List prepared strictly on interview scores. The engagement is on a contract basis for 5 years, renewable for another 4 years at the Bank's discretion, with CTC upper ranges varying from ₹27.10 lakh per annum for Investment Officer up to ₹97 lakh per annum for Zonal Head (Retail), negotiable based on the candidate's experience and current emoluments, along with Performance Linked Pay of up to 45% of Fixed Pay. The SBI SCO Wealth Management 2026 online application is available at https://sbi.bank.in/web/careers/current-openings. The last date to apply for SBI SCO Recruitment 2026 is 25 September 2026, with the online registration and fee payment window open from 04 September 2026. Application fee is ₹750 for General/OBC/EWS candidates and exempted for SC/ST/PwBD candidates. Candidates must read the complete official SBI SCO Wealth Management 2026 notification PDF, dated 04-09-2026 and issued by the Central Recruitment & Promotion Department, Corporate Centre, Mumbai, before applying, since eligibility, experience, and age criteria vary significantly across the seven posts on offer.

Qualification

  • Zonal Head (Retail): Graduate from a Government-recognized University (MBA in Banking/Finance/Marketing and CFP/CFA/NISM certifications preferred); minimum 15 years managing sales in Wealth Management/Retail Banking/AMCs, including at least 5 years leading a large team
  • Regional Head (RH): Graduate (MBA and CFP/CFA/NISM certifications preferred); minimum 12+ years relationship management experience, preferably in wealth management, including 5+ years leading a large team
  • Relationship Manager–Team Lead: Graduate (MBA and CFP/CFA/NISM certifications preferred); minimum 8 years in relationship management, preferably in wealth management
  • Investment Specialist (IS): PG Degree/Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance, or Actuarial Science, or CA/CFA; minimum 6 years post-qualification experience
  • Investment Officer (IO): PG Degree/Diploma as above, or CA/CFA; minimum 4 years post-qualification experience
  • VP Wealth: Graduate (MBA and NISM V-A/XXI-A/CFP/CFA preferred); minimum 6 years in sales & marketing with leading banks/wealth firms/AMCs
  • AVP Wealth: Graduate (PG in finance/marketing/banking preferred; NISM V-A/XXI-A/CFP/CFA preferred); 3 years in sales & marketing, or 4 years as an SBI Wealth CRE
  • All qualification and experience criteria reckoned as on 31-08-2026; teaching/training experience not counted; experience under 6 months not considered

Age Limit

  • Zonal Head (Retail) / Regional Head: 35–50 years
  • Relationship Manager–Team Lead / Investment Specialist: 28–42 years
  • Investment Officer: 28–40 years
  • VP Wealth: 26–42 years
  • AVP Wealth: 23–35 years
  • All ages reckoned as on 31-08-2026; upper age relaxation for reserved categories as per Government of India guidelines

Eligibility

  • Zonal Head (Retail): Graduate from a Government-recognized University (MBA in Banking/Finance/Marketing and CFP/CFA/NISM certifications preferred); minimum 15 years managing sales in Wealth Management/Retail Banking/AMCs, including at least 5 years leading a large team of Relationship Managers and Team Leads
  • Regional Head (RH): Graduate (MBA and CFP/CFA/NISM certifications preferred); minimum 12+ years relationship management experience, preferably in wealth management with leading banks/wealth firms/AMCs, including 5+ years leading a large team
  • Relationship Manager–Team Lead: Graduate (MBA and CFP/CFA/NISM certifications preferred); minimum 8 years in relationship management, preferably in wealth management; Team Lead experience preferred
  • Investment Specialist (IS): PG Degree/Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance, or Actuarial Science, or CA/CFA; minimum 6 years post-qualification experience as an investment advisor/counsellor/officer in Wealth Management Firms/AMCs
  • Investment Officer (IO): PG Degree/Diploma as above, or CA/CFA; minimum 4 years post-qualification experience as above
  • VP Wealth: Graduate (MBA and NISM V-A/XXI-A/CFP/CFA preferred); essential 6 years in sales & marketing with leading banks/wealth firms/AMCs
  • AVP Wealth: Graduate (PG in finance/marketing/banking preferred; NISM V-A/XXI-A/CFP/CFA preferred); 3 years in sales & marketing with leading banks/wealth firms/AMCs, or 4 years as an SBI Wealth CRE
  • Age (as on 31-08-2026): 35–50 years for Zonal Head/Regional Head, 28–42 for RM-Team Lead/Investment Specialist, 28–40 for Investment Officer, 26–42 for VP Wealth, and 23–35 for AVP Wealth; upper age relaxation available to reserved category candidates as per Government of India guidelines
  • All qualification and experience criteria are reckoned as on 31-08-2026; teaching and training experience is not counted, and experience of less than six months in any organisation is not considered
  • Candidates can apply for more than one post if they fulfil all eligibility criteria for each post
  • Candidates in Government/Quasi-Government offices, PSUs, Nationalized Banks, or SBI Group companies must submit a No Objection Certificate (NOC) at the time of interview

Important Dates

  1. Application Start

    04 Sept 2026

  2. Last Date to Apply

    25 Sept 2026

Application Fee

₹750 for General/OBC/EWS candidates; exempted for SC/ST/PwBD candidates

Salary

  • Zonal Head (Retail): CTC up to ₹97.00 lakh per annum
  • Regional Head (RH): CTC up to ₹66.40 lakh per annum
  • Relationship Manager–Team Lead: CTC up to ₹51.80 lakh per annum
  • Investment Specialist (IS): CTC up to ₹44.50 lakh per annum
  • Investment Officer (IO): CTC up to ₹27.10 lakh per annum
  • VP Wealth: CTC up to ₹44.70 lakh per annum
  • AVP Wealth: CTC up to ₹30.20 lakh per annum
  • CTC is negotiable based on experience and current emoluments; all posts eligible for Performance Linked Pay (0–45% of Fixed Pay) plus Annual Increment Band

How to Apply

  1. Visit https://sbi.bank.in/web/careers/current-openings and download the detailed advertisement, CRPD/SCO/2026-27/23
  2. Register online through the link provided, keeping a valid email ID active until the declaration of results
  3. Scan and upload your latest photograph and signature as specified; the application will not register without these
  4. Upload all relevant documents, including resume, ID proof, age proof, caste certificate, PwBD certificate (if applicable), educational qualification certificates, experience certificates, and biodata
  5. Fill the application carefully, noting the system-generated registration number and password for future reference
  6. Pay the application fee online through the integrated payment gateway using Debit Card, Credit Card, or Internet Banking
  7. Review all filled details carefully before final submission, since no changes are allowed after submitting
  8. Click Submit and take a printout of the submitted application form and the fee e-receipt for your records
  9. Apply well before the closing date, 25 September 2026, to avoid last-minute technical issues
  10. Hard copies of the application and documents need not be sent to the Bank; the call letter/interview advice will be sent by email only

Selection Process

  • Shortlisting
  • Interview (100 Marks)
  • CTC Negotiation
  • Merit List

Vacancy Details

Post NameNo. of Posts
Zonal Head (Retail)1
Regional Head5
Relationship Manager–Team Lead24
Investment Specialist9
Investment Officer4
VP Wealth91
AVP Wealth73

Application Fee

CategoryFee
General / OBC / EWS₹ 750/-
SC / ST / PwD / Female₹ 0/- (Exempted)

Category-wise Vacancy

CategoryNo. of Posts
UR62
OBC65
EWS11
SC39
ST30

Zone / Region-wise Vacancy

Zone / RegionNo. of Posts
Amaravati2
Bengaluru51
Bhopal9
Bhubaneshwar2
Chandigarh1
Chennai8
Gandhinagar4
Guwahati2
Hyderabad12
Jaipur16
Kolkata19
Lucknow6
Maharashtra2
Mumbai Metro1
New Delhi40
Patna2
Thiruvananthapuram24

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Frequently Asked Questions

Q1. What is SBI SCO Recruitment 2026?+
A1. SBI SCO Recruitment 2026 is the engagement of Specialist Cadre Officers on a contract basis by State Bank of India for its Wealth Management vertical, covering 207 tentative posts under Advertisement No. CRPD/SCO/2026-27/23.
Q2. How many vacancies are there in SBI SCO Recruitment 2026?+
A2. There are 207 tentative vacancies across seven posts: 1 Zonal Head (Retail), 5 Regional Head, 24 Relationship Manager–Team Lead, 9 Investment Specialist, 4 Investment Officer, 91 VP Wealth, and 73 AVP Wealth positions.
Q3. What is the last date to apply for SBI SCO Recruitment 2026?+
A3. The last date for online registration and payment of fees for SBI SCO Recruitment 2026 is 25 September 2026, with the application window having opened on 04 September 2026.
Q4. What is the qualification required for SBI SCO VP Wealth and AVP Wealth posts?+
A4. Both VP Wealth and AVP Wealth posts require a graduate degree from a Government-recognized University or Institution, with an MBA or relevant post-graduation and NISM/CFP/CFA certifications preferred for both roles.
Q5. What is the age limit for SBI SCO Recruitment 2026?+
A5. Age limits vary by post as on 31-08-2026: 35–50 years for Zonal Head/Regional Head, 28–42 for RM-Team Lead/Investment Specialist, 28–40 for Investment Officer, 26–42 for VP Wealth, and 23–35 for AVP Wealth.
Q6. What is the application fee for SBI SCO Recruitment 2026?+
A6. The application fee for SBI SCO Recruitment 2026 is ₹750 for UR/EWS/OBC candidates, while SC, ST, and PwBD candidates are fully exempted from the fee.
Q7. What is the CTC for SBI SCO Wealth Management posts?+
A7. CTC upper ranges vary by post, from ₹27.10 lakh per annum for Investment Officer up to ₹97 lakh per annum for Zonal Head (Retail), and are negotiable based on the candidate's experience and current emoluments.
Q8. What is the selection process for SBI SCO Recruitment 2026?+
A8. Selection for SBI SCO Recruitment 2026 involves Shortlisting, followed by one or more rounds of personal/telephonic/video interview carrying 100 marks, and individual CTC negotiation with shortlisted candidates before the final merit list is prepared.
Q9. Can a candidate apply for more than one SBI SCO post?+
A9. Yes, candidates can apply for more than one SBI SCO Wealth Management post in the 2026 recruitment if they fulfil all eligibility criteria for each post they wish to apply for.
Q10. What is the contract period for SBI SCO Wealth Management posts?+
A10. The contract period for SBI SCO Wealth Management Recruitment 2026 is 5 years, renewable for another 4 years at the Bank's discretion, and can be terminated by either side with 2 months' notice.

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