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SBI Wealth Officer Recruitment 2026: Apply Online for 206 Posts by 25 Sep
✓State Bank of India (SBI)
📋 206 Vacancies 🎓 Graduation in any discipline for Zonal Head, Regional Head, Team Lead, VP & AVP Wealth; Professional PG Degree/Diploma in Finance/Commerce/Economics/Management or CA/CFA for Investment Specialist/Officer 🗺️ Pan-India across Circles (Kolkata for Zonal Head; Bengaluru, Bhopal, Hyderabad, Guwahati, Patna for Regional Head; Circle-specific for other posts) 💰 Annual CTC ₹27.10 Lakh to ₹97.00 Lakh 📅 Age: 23 to 50 Years 💳 Fee: ₹750/- (General, EWS, OBC) | ₹0 / Exempted (SC, ST, PwBD)
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⏰ Last Date: 25 September 2026
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Job Overview
Total Vacancies
206
Organisation
State Bank of India (SBI)
Post Category
Annual CTC ₹27.10 Lakh to ₹97.00 Lakh
Post Group
Executive Specialist Cadre (Zonal Head, Regional Head, RM Team Lead, Investment Specialist/Officer, VP/AVP Wealth)
Pay Scale
Annual CTC ₹27.10 Lakh to ₹97.00 Lakh
Job Location
Pan-India across Circles (Kolkata for Zonal Head; Bengaluru, Bhopal, Hyderabad, Guwahati, Patna for Regional Head; Circle-specific for other posts)
Application Mode
Online Only
Qualification
Graduation in any discipline for Zonal Head, Regional Head, Team Lead, VP & AVP Wealth; Professional PG Degree/Diploma in Finance/Commerce/Economics/Management or CA/CFA for Investment Specialist/Officer
Selection Process
Application Shortlisting - Telephonic / Video / In-Person Personal Interview (100 Marks) - CTC Negotiation - Document Verification
Official Website
Important Dates
Notification Released
04 September 2026
Application Start
04 September 2026
Last Date to Apply
25 September 2026
Application Fee Last Date
25 September 2026
⏰ Application Closes In
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Full Details
SBI Wealth Specialist Officer Recruitment 2026: Fast Facts & Key Details
- Recruiting Authority: State Bank of India (SBI), Corporate Centre, Mumbai
- Notification Number: Advertisement No: CRPD/SCO/2026-27/23
- Total Posts: 206 Vacancies on Contract Basis (Regular: 114, Backlog: 92)
- Roles Recruited: Zonal Head (1), Regional Head (5), Relationship Manager Team Lead (9), Investment Specialist (24), Investment Officer (4), VP Wealth (91), AVP Wealth (73)
- Compensation Package: Upper CTC from ₹27.10 Lakhs up to ₹97.00 Lakhs per annum (Fixed Pay + PLP + Allowances)
- Contract Tenure: 5 Years (Renewable for another 4 years based on performance)
- Selection Framework: Screening & Shortlisting + Personal Interview (100 Marks) + CTC Negotiation (No Written Exam)
- Registration Window: 04 September 2026 to 25 September 2026 via
sbi.bank.in/web/careers
Detailed Recruitment Analysis State Bank of India (SBI) has officially released notification CRPD/SCO/2026-27/23, inviting applications from experienced wealth management professionals for 206 Specialist Cadre Officer positions on a contract basis. Tailored to strengthen SBI’s premier wealth banking operations across major metropolitan circles, this drive features senior executive openings including Zonal Heads, Regional Heads, Investment Specialists, and Relationship Managers (VP and AVP Wealth). Remuneration packages reach an upper CTC of ₹97.00 Lakhs per annum, combining fixed salary components, performance-linked pay, and executive perks. The recruitment entirely bypasses written testing in favor of direct profile shortlisting and personal interviews. Interested banking and asset management professionals must complete their online registration on https://recruitment.sbi.bank.in/crpd-sco-2026-27-23/apply before 25 September 2026.
Important Links
| Official Notification | Click Here → |
| Apply Online | Click Here → |
| Official Website | Click Here → |
Download Official Documents
Vacancy Breakdown by Post
| Post Name | Dept / Ministry | Vacancies | Pay Level |
|---|---|---|---|
| VP Wealth (SRM) | Wealth Management Services | 91 (Regular: 24, Backlog: 67) | Executive Contract |
| AVP Wealth (RM) | Wealth Management Services | 73 (Regular: 70, Backlog: 3) | Executive Contract |
| Investment Specialist (IS) | Wealth Management Services | 24 (Regular: 20, Backlog: 4) | Executive Contract |
| Relationship Manager - Team Lead | Wealth Management Services | 9 (Regular: 7, Backlog: 2) | Executive Contract |
| Regional Head (RH) | Wealth Management Services | 5 (Regular: 4, Backlog: 1) | Executive Contract |
| Investment Officer (IO) | Wealth Management Services | 4 (Regular: 3, Backlog: 1) | Executive Contract |
| Zonal Head (Retail) | Wealth Management Services | 1 (Backlog: 1) | Executive Contract |
* Vacancy numbers are tentative and subject to revision. Check official notification PDF for category-wise breakup.
State-wise Vacancy
| State | Vacancies |
|---|---|
| Bengaluru Circle | VP: 28 |
| New Delhi Circle | VP: 18 |
| Thiruvananthapuram Circle | VP: 7 |
| Kolkata Circle | VP: 11 |
| Hyderabad Circle | VP: 9 |
| Jaipur Circle | VP: 7 |
| Chennai Circle | VP: 6 |
| Bhopal Circle | VP: 3 |
| Lucknow Circle | AVP: 4 |
| Gandhinagar Circle | VP: 2 |
| Amaravati Circle | IS: 2 |
| Patna Circle | IS: 2 |
| Guwahati Circle | RM Team Lead: 2 |
| Bhubaneshwar Circle | RM Team Lead: 1 |
| Chandigarh Circle | RM Team Lead: 1 |
| Maharashtra Circle | RM Team Lead: 1 |
| Mumbai Metro Circle | IS: 1 |
| East Zone (Kolkata) | Zonal Head: 1 |
| Regional Head Locations (Bengaluru, Bhopal, Hyderabad, Guwahati, Patna) | Regional Head: 5 |
* State-wise vacancy figures are as per the official notification and may change.
Category-wise Vacancy
| Category | Vacancies |
|---|---|
| Unreserved (UR) | 78 (Regular: 62, Backlog: 16) |
| Other Backward Classes (OBC - Non-Creamy Layer) | 59 (Regular: 25, Backlog: 34) |
| Scheduled Castes (SC) | 39 (Regular: 19, Backlog: 20) |
| Scheduled Tribes (ST) | 28 (Regular: 6, Backlog: 22) |
| Economically Weaker Sections (EWS) | 2 (Regular: 2, Backlog: 0) |
| Persons with Benchmark Disabilities (PwBD - Horizontal) | 36 (VI: 9, HI: 9, LD: 9, d&e: 9) |
* Candidates must hold a valid category certificate to claim reservation benefits.
Salary Breakdown by Post
| Post Name | Pay Scale | Approx. Salary |
|---|---|---|
| Zonal Head (Retail) | Contract Fixed Pay ₹66.00 Lakhs + PLP (0-45%) + Allowances ₹1.10 Lakhs | Upper CTC up to ₹97.00 Lakhs/annum |
| Regional Head (RH) | Contract Fixed Pay ₹45.00 Lakhs + PLP (0-45%) + Allowances ₹1.10 Lakhs | Upper CTC up to ₹66.40 Lakhs/annum |
| Relationship Manager - Team Lead | Contract Fixed Pay ₹35.00 Lakhs + PLP (0-45%) + Allowances ₹1.04 Lakhs | Upper CTC up to ₹51.80 Lakhs/annum |
| VP Wealth (SRM) | Contract Fixed Pay ₹30.00 Lakhs + PLP (0-45%) + Allowances ₹1.16 Lakhs | Upper CTC up to ₹44.70 Lakhs/annum |
| Investment Specialist (IS) | Contract Fixed Pay ₹30.00 Lakhs + PLP (0-45%) + Allowances ₹0.92 Lakhs | Upper CTC up to ₹44.50 Lakhs/annum |
| AVP Wealth (RM) | Contract Fixed Pay ₹20.00 Lakhs + PLP (0-45%) + Allowances ₹1.16 Lakhs | Upper CTC up to ₹30.20 Lakhs/annum |
| Investment Officer (IO) | Contract Fixed Pay ₹18.00 Lakhs + PLP (0-45%) + Allowances ₹0.92 Lakhs | Upper CTC up to ₹27.10 Lakhs/annum |
* Salary includes basic pay as per 7th Pay Commission. HRA, DA and other allowances are additional.
Age Relaxation
General Age Limit: 23 to 50 Years
| Category | Age Relaxation |
|---|---|
| Scheduled Caste / Scheduled Tribe (SC/ST) | 5 Years |
| Other Backward Classes (OBC - Non-Creamy Layer) | 3 Years |
| Persons with Benchmark Disabilities (PwBD - UR/EWS) | 10 Years |
| Persons with Benchmark Disabilities (PwBD - OBC) | 13 Years |
| Persons with Benchmark Disabilities (PwBD - SC/ST) | 15 Years |
| Ex-Servicemen / Commissioned Officers (ECOs/SSCOs) | 5 Years |
* Age relaxation is applicable as per Government of India rules. Candidates must provide valid category certificate at the time of document verification.
Eligibility Criteria
Nationality
Citizen of India
Experience
3 to 15 Years of post-qualification experience in Wealth Management, Retail Banking, Securities, or AMCs (Teaching/Training experience excluded)
- → Zonal Head (Retail): Graduate + Minimum 15 years experience in Wealth Management/Retail Banking/AMCs, with at least 5 years leading RM teams.
- → Regional Head: Graduate + Minimum 12 years experience in relationship management/wealth management, with at least 5 years leading RM teams.
- → Relationship Manager - Team Lead: Graduate + Minimum 8 years experience in relationship/wealth management with leading Banks/AMCs/Broking firms.
- → Investment Specialist: PG Degree/Diploma in Finance/Economics/Commerce/Management or CA/CFA + Minimum 6 years experience as an investment advisor/counsellor in Wealth Management/AMCs.
- → Investment Officer: PG Degree/Diploma in Finance/Economics/Commerce/Management or CA/CFA + Minimum 4 years experience as an investment advisor/counsellor.
- → VP Wealth (SRM): Graduate + Minimum 6 years experience in sales and marketing / relationship management in Banks/Wealth Firms/AMCs.
- → AVP Wealth (RM): Graduate + Minimum 3 years experience in sales and marketing / relationship management in Banks/Wealth Firms/AMCs (or SBI Wealth CREs with 4 years).
- → Preferred qualifications across posts include MBA (Finance/Marketing), CA, CFA, CFP, or NISM certifications (Series V-A, XXI-A, Investment Advisor).
- → Experience of less than 6 months in any single organization is excluded from total service computation.
Am I Eligible? — Instant Check
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Application Fee
💡 Fee can be paid online via UPI, Net Banking, VISA/Mastercard/RuPay on the official portal.
Selection Process
1
Registration and online document submission on the SBI Careers portal
2
Screening of applications and shortlisting by the Bank's Shortlisting Committee
3
Personal Interview (In-Person / Video / Telephonic) carrying 100 Marks
4
CTC Negotiation round conducted with shortlisted candidates
5
Merit List preparation in descending order based entirely on Interview scores
6
Document Verification of original academic certificates, experience letters, and income proofs
7
Pre-Engagement Medical Fitness Examination
How to Apply Online
1
Visit the official SBI recruitment portal at [https://sbi.bank.in/web/careers/current-openings](https://sbi.bank.in/web/careers/current-openings).
2
Click on the notification for "Engagement of Specialist Cadre Officers on Contract Basis - Wealth Management" (Advt. No. CRPD/SCO/2026-27/23).
3
Click on "Apply Online" and register basic details to generate a Provisional Registration Number and Password.
4
Log in and complete all sections including personal info, academic credentials, and chronological work experience.
5
Indicate three distinct Circle preferences for Circle-allocated posts (no repetition permitted).
6
Upload scanned copies of your photograph, signature, resume, ID proof, PAN card, experience letters, and salary proofs in PDF format.
7
Pay the application fee of ₹750/- online via Debit Card, Credit Card, or Internet Banking (SC/ST/PwBD skip fee payment).
8
Preview the completed form carefully and click final submit before 25 September 2026.
9
Download and retain a printout of the submitted application form and fee e-receipt for interview presentation.
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Documents Required
Recent Passport-size Photograph (20–50 KB, JPG/JPEG, 200x230 px, light background)
Scanned Signature in Black Ink (10–20 KB, JPG/JPEG, 140x60 px, non-capital letters)
Brief Resume / Curriculum Vitae (PDF format, Max 500 KB)
Valid Government Photo ID Proof (PDF format, Max 500 KB)
PAN Card copy (PDF format, Max 500 KB)
10th / Matriculation Certificate or Birth Certificate as Date of Birth proof
Consolidated Educational Certificates, Marksheets & Degree Certificates (PDF)
Work Experience Certificates / Relieving Letters / Appointment Letters (PDF)
Form-16, Offer Letter, or Latest Salary Slips from current employer (PDF)
Completed Bio-data and CTC Format document (PDF)
Caste / Category Certificate (SC/ST/OBC-NCL/EWS) in Central format (OBC issued 01.04.2026 onwards; EWS valid for FY 2026-27)
Disability Certificate (minimum 40% benchmark disability) with UDID Card for PwBD applicants
No Objection Certificate (NOC) for candidates working in Govt./PSU/SBI Group companies
Recruitment Overview
The State Bank of India Specialist Cadre Officer (Wealth Management) Recruitment 2026 is an executive lateral hiring campaign in the Indian banking landscape. With 206 contractual openings spanning advisory and leadership positions, this drive strengthens SBI’s high-net-worth client engagement. Offering market-linked executive pay reaching up to ₹97.00 Lakhs CTC per annum, the recruitment provides private wealth managers, AMC product specialists, and relationship bankers an entry into India's largest financial institution.
About the Organization
State Bank of India (SBI) is a Fortune 500 public sector bank and the largest commercial banking conglomerate in India, holding over two centuries of heritage. Recognized as the "World's Best Consumer Bank" by Global Finance, SBI manages a quarter of India's total banking assets. The bank's Wealth Management division provides tailored investment, portfolio advisory, estate planning, and alternate investment solutions to affluent and UHNI clients across India.
About the Job Profile
Specialist Officers in Wealth Management manage high-value financial portfolios. Zonal and Regional Heads lead large teams of Relationship Managers, setting strategic business development goals and driving Assets Under Management (AUM) growth. Investment Specialists and Officers analyze market trends across equities, fixed income, structured products, and mutual funds, crafting asset allocation models. VP and AVP Wealth officers interface directly with HNI clients, providing advisory and cross-selling banking assets.
Career Opportunities
Working within SBI's Wealth Management vertical provides senior exposure to institutional wealth advisory. Officers benefit from competitive compensation structures featuring up to 45% Performance-Linked Pay (PLP), annual increments up to 25%, and executive allowances. The role allows wealth professionals to leverage SBI's brand to manage large client relationships.
Preparation Tips
Candidates invited for the Personal Interview and CTC negotiation should focus their preparation on practical wealth advisory metrics:
-
Quantify Sourcing & Portfolio History: Be ready to demonstrate past metrics regarding AUM growth, mutual fund mobilization, insurance penetration, and client retention.
-
Review Regulatory & Market Trends: Master current SEBI, AMFI, and IRDAI regulations, alongside macroeconomic indicators affecting fixed income and equity markets.
-
Understand Asset Allocation Models: Prepare to discuss structured products, portfolio rebalancing techniques, and tax implications across investment classes.
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Prepare Document Dossiers: Organize original service certificates, Form-16 documents, latest salary slips, and NISM/CFP credentials for interview checks.
JobDex Expert Advice
When filling out the online application on
sbi.bank.in, candidates applying for RM Team Lead, Investment Specialist/Officer, and VP/AVP Wealth must select three different Circle preferences, as duplicate circle selections may lead to administrative disqualification. Ensure that your experience certificate explicitly details your wealth management or relationship sales responsibilities, as general clerical or training experience will be rejected. Complete your application and fee payment well before the 25 September 2026 closing date.
Dakshesh Makwana
✅ Verified Author
Publisher · 2 yrs exp
Dakshesh Makwana is the creator of JobDex.in. He is an independent researcher specializing in Indian competitive examinations, government schemes data mapping, and rapid information discovery frameworks for career portals.
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Application closes on 25 September 2026. Apply only on the official website.
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