State Bank of India invites Online application from Indian citizen for appointment to the following Specialist Cadre Officers posts. Candidates are requested to apply Online through the link given on Bank’s website https://bank.sbi/careers
ONLINE REGISTRATION OF APPLICATION & PAYMENT OF FEES: FROM 19.07.2024 TO 08.08.2024
Central Research Team (Product Lead)
Central Research Team (Support)
Project Development Manager (Technology)
Project Development Manager (Business)
Relationship Manager
VP Wealth*
Relationship Manager – Team Lead
Regional Head Backlog
Investment Specialist
Investment Officer
Central Research Team (Product Lead)
Mandatory: MBA/PGDM/PGDBM from Government recognized University or Institution or CA/CFA
Preferred Qualification: Preferred: NISM Investment Advisor/Research Analyst Certificate/CFP/NISM 21A or 21B
Central Research Team (Support)
Graduate/Post-Graduate in Commerce/Finance/Economics/Management/Mathematics/Statistics from Government recognized University or Institution.
Project Development Manager (Technology)
MBA/MMS/PGDM/ME/M.Tech./BE/B.Tech./PGDBM from Government recognized University or Institution.
Project Development Manager (Business)
MBA/PGDM/PGDBM from Government recognized University or Institution
Relationship Manager
Graduate from Government recognized University or Institution
VP Wealth
Mandatory: Graduate from Government recognized University or Institution.
Preferred: MBA (Banking/Finance/Marketing) with 60% from recognized University or Institution.
Relationship Manager – Team Lead
Graduate from Government recognized University or Institution
Regional Head
Graduate from Government recognized University or Institution.
Investment Specialist
Mandatory: i. MBA/PGDM/PGDBM from recognized College/University or CA/CFA ii. Certification by NISM 21A (Valid)
Preferred: CA/CFP/NISM Investment Advisor / Research Analyst Certificate
Investment Officer
Mandatory: i. MBA/PGDM/PGDBM from recognized College/University or CA/CFA ii. Certification by NISM 21A
Preferred: CA/CFP/NISM Investment Advisor / Research Analyst Certificate
Please refer the advertisement for the details
Central Research Team (Product Lead)
The Official would work closely with Head – (Product, Investment & Research) and would be responsible for running program of wealth products and liaise with Market data Aggregators and Research providers.
The Official will be responsible to prepare product notes, market updates, investment outlook and evaluate latest product offering in addition handling all queries related to products.
He will also require to prepare notes related to products.
Central Research Team (Support)
Role will include creating and updating excel worksheets related to: Macro Economy, Stock & Sector research, Fixed Income research, creating portfolio review templates etc.
Project Development Manager (Technology)
Managing relationships with the technology partners.
Understanding and communicating business requirements to the IT team and technology partners.
Working closely with the banks’ IT teams to ensure timely completion of developments.
Co-ordinating with various Bank IT teams and business teams for new developments, integrations or bug-fixes in existing Bank platforms.
Creating and documenting operating manuals for technology interfaces at user level.
Project Development Manager (Business)
Managing Relationships with various Business Partners
Exploring and entering into new Business partnerships for existing as well as new Business streams
Working closely with the Business Heads on strategy formulation and reporting to top Management.
Co-ordinating with the Business Operation Team and Circle teams during rollout
Creating and documenting standard operating processes to be followed for existing and new Business lines
Relationship Manager
Acquiring, nurturing growing and strengthening relationship within the Affluent and HNI segment of Clients in order to meet business objectives.
Selling a range of Investment and Insurance products to these Clients in order to meet their financial planning objectives and thus attaining the revenue objectives of the Wealth Management business.
Focusing on increasing the Total Relationship Value (TRV) and Assets Under Management (AUM) of Clients as per the business objectives
VP Wealth
Acquiring, nurturing growing and strengthening relationship within the Affluent and UHNI/HNI segment of Clients in order to meet business objectives
Cross Selling a range of Investment, Insurance products and other Asset Classes to these Clients in order to meet their financial planning objectives and thus attaining the revenue objectives of the Wealth Management business
Focusing on increasing the Total Relationship Value (TRV), Assets Under Management (AUM), Investment AUM & Increase in Product per Clients as per the business objectives
Relationship Manager – Team Lead
Managing a team of Relationship Mangers for the Wealth Management Business
Acquiring, nurturing growing and strengthening relationship within the Affluent and HNI segment of Clients in order to meet business objectives
Selling a range of Investment and Insurance products to these Clients in order to meet their financial planning objectives and thus attaining the revenue objectives of the Wealth Management business
Focusing on increasing the Total Relationship Value (TRV) and Assets Under Management (AUM) of Clients as per the business objectives
Regional Head
Managing a team of Relationship Managers & RM (Team Lead)s & Investment Officers for the Wealth Management Business of the allotted Circle(s)
Achieving the target of the team to Acquire, nurturing growing and strengthening relationship within the Affluent and UHNI/HNI segment of Clients in order to meet business objectives
Cross Selling a range of Investment, Insurance products and other Asset Classes to these clients in order to meet their financial planning objectives and thus attaining the revenue objectives of the Wealth Management business of the allotted Circle(s)
Focusing on increasing the Total Relationship Value (TRV), Assets Under Management (AUM), Investment AUM & Increase in Product per Clients as per the business objectives
Investment Specialist
Guiding clients on range of financial services products
Wide ranging experience across categories such as: MF, FI, Structured Products, Discretionary Portfolios and other Alternate Products.
Strong focus on due diligence, quantitative technique and asset allocation
Investment Officer
Guiding clients on range of financial services products
Wide ranging experience across categories such as: MF, FI, Structured Products, Discretionary Portfolios and other Alternate Products.
Strong focus on due diligence, quantitative technique and asset allocation
| Sl. No. | Name of Post | CTC Upper Range^ |
| 1 | Central Research Team (Product Lead) | 61.00 |
| 2 | Central Research Team (Support) | 20.50 |
| 3 | Project Development Manager(Technology) | 30.00 |
| 4 | Project Development Manager(Business) | 30.00 |
| 5 | Relationship Manager | 30.00 |
| 6 | VP Wealth | 45.00 |
| 7 | Relationship Manager – Team Lead | 52.00 |
| 8 | Regional Head | 66.50 |
| 9 | Investment Specialist | 44.00 |
| 10 | Investment Officer | 26.50 |
For 1/2/3/4 ost variable Play/PLP**
Eligible for Performance Linked Pay and Annual Increment based on the performance rating measured as per Bank’s Policy (at Present Bandwidth for PLP 0% to 35% and Increment 0% to 25%).
For S.No 5/6/7/8/9/10
Eligible for Performance Linked Pay and Annual Increment based on the performance rating measured as per Bank’s Policy (at Present Bandwidth for PLP 0% to 45% and Increment 0% to 25%).
Contract period for all post is 5 Years (First year will be Probation period)
Central Research Team (Product Lead) : 30 to 45
Central Research Team (Support) : 25 to 25
Project Development Manager (Technology) : 25 to 40
Project Development Manager (Business) : 30 to 40
Relationship Manager :23 to 35
VP Wealth* : 26 to 42
Relationship Manager – Team Lead : 28 to 42
Regional Head Backlog : 35 to 50
Investment Specialist : 28 to 42
Investment Officer : 28 to 40
Application fees and Intimation Charges (Non-refundable) is 750/- ( Seven Hundred Fifty only) for General/EWS candidates and no fees/intimation charges for SC/ ST/ OBC/ PwBD candidates.
The selection will be based on shortlisting and interview-cum-CTC negotiations.
Shortlisting: Mere fulfilling minimum qualification and experience will not vest any right in candidate for being called for interview. The shortlisting committee constituted by the Bank will decide the shortlisting parameters and thereafter, adequate number of candidates, as decided by the Bank, will be shortlisted for interview. The decision of the Bank to call the candidates for the interview shall be final. No correspondence will be entertained in this regard. The shortlisted candidates will be called for interview.
Interview-cum-CTC Negotiation: Interview will carry 100 marks. The qualifying marks in interview will be decided by the Bank. No correspondence will be entertained in this regard. CTC Negotiation will be done one-by-one at the time of Interview, with the candidates.
Merit list: Merit list for selection will be prepared in descending order on the basis of scores obtained in interview only. In case more than one candidate scores the cut-off marks (common marks at cut-off point), such candidates will be ranked according to their age in descending order, in the merit list.