SBI SCO Recruitment 2026: State Bank of India (SBI) has released an official recruitment notification for the engagement of Specialist Cadre Officers on Contract Basis in the Wealth Management & Premier Banking Department. Eligible Indian citizens can apply online for various posts including Head Sales, Central Research Team (Product Lead), Manager (Business Process), Project Development Manager (Technology), and Central Operations Team (COT) Support.

The online registration process has started from 30 September 2026 and eligible candidates can submit their applications online through the official SBI Careers website up to 21 October 2026.

The recruitment is being conducted under Advertisement No. CRPD/SCO/2026-27/25. The selection process includes shortlisting, interview and CTC negotiation.

Interested candidates must apply offline before the last date. This is a great opportunity for candidates looking for 10th pass government jobs in Assam.

SBI SCO Recruitment 2026 – Overview

The notification states that the suggested place of posting is Mumbai, although the selected candidates may be posted anywhere in India at the sole discretion of SBI.

SBI SCO Recruitment 2026

SBI has announced vacancies for five different posts under the Wealth Management & Premier Banking Department.

The age is calculated as on 31 August 2026. The vacancy table also specifies category-wise and PwBD horizontal vacancies.

1. Head Sales

Educational Qualification

Mandatory: MBA/PGDM from reputed colleges/universities.

Preferred: CFP / CFA / NISM V-A / NISM 21-A.

Experience

Candidates must have:

• Minimum 15 years of experience in managing sales teams in Wealth Management, Retail Banking or AMCs.
• Out of this, minimum 8 years of experience in leading a large team of Relationship Managers and Team Leads, preferably in Wealth Management Firms or Asset Management Companies.

Preferred Skills

Candidates should preferably have:

• Experience managing a large management team.
• Excellent knowledge of Equity Products, PMS, AIF, Mutual Funds and Advisory.
• Exposure to CRM.
• Proven track record of performance and leadership.
• Relevant national-level experience with large Wealth Management organisations.
• Experience managing large teams of Relationship Managers and Team Leads at the national level.

These skills will be tested during the interview.

Job Profile

The Head Sales will be responsible for defining and implementing Wealth Management marketing strategies, ensuring sales and service levels, monitoring performance, coaching and mentoring Relationship Managers and Acquisition Teams, improving customer satisfaction and retaining existing customer portfolios.

The role also involves achieving business growth, coordinating with other departments and outside agencies, and working towards technology-driven solutions.

2. Central Research Team (Product Lead)

Educational Qualification

Mandatory:

• MBA/PGDM from a recognized College/University, or
• CA/CFA

Preferred:

• NISM Investment Advisor
• Research Analyst Certificate
• CFP
• NISM 21A or 21B

Experience

Minimum 5 years of experience in Equity Research/Products in Wealth Management, AMC (Mutual Funds) or Banks.

Preferred Skills

Candidates with experience in:

• Equity/Fixed Income Research
• Mutual Fund Research Analytics
• Economic trend analysis
• Equity markets and Fixed Income
• PMS/AIF/MF/Structured Products
• Research-based publications
• Excel/Modelling
• Bloomberg, Reuters, Morningstar or CRISIL databases

will have relevant preferred skills for the role.

Job Profile

The Product Lead will work closely with the Head of Product, Investment & Research and will handle wealth products, market data aggregators and research providers. Responsibilities include preparing product notes, market updates and investment outlooks, evaluating product offerings and responding to product-related queries.

The role also includes analysing PMS, AIF, Mutual Funds and Structured Products and conducting due diligence before approval.

3. Manager (Business Process)

Educational Qualification

MBA/PGDM from a Government-recognised University or Institution.

Experience

Minimum 5 years of post-qualification experience in:

• Banks
• Wealth Management firms
• Broking firms

Experience in business processes in the Wealth Management area is preferred.

Job Profile

The Manager (Business Process) will monitor sales-force activities, drive CRM implementation, manage sales-force automation, oversee process implementation, support sales and customer education programmes, assist in annual planning and budgeting, manage P&L-related activities and establish business review processes.

The role also involves tracking industry trends and coordinating with internal bank teams to improve turnaround times and Wealth Management propositions.

4. Project Development Manager (Technology)

Educational Qualification

Candidates must have any of the following from a Government-recognised University or Institution:

• BE
• B.Tech
• ME
• M.Tech
• MBA
• MMS
• PGDM
• PGDBM

Experience

Minimum 4 years of experience in banking technology, preferably in a business function.

Job Profile

The Project Development Manager will manage relationships with technology partners, understand and communicate business requirements to IT teams and technology partners, coordinate with Bank IT and business teams for new developments and integrations, and assist with bug fixes in existing Bank platforms.

The role also includes creating and documenting operating manuals for technology interfaces at the user level.

5. Central Operations Team (COT) Support

Educational Qualification

Graduation from a Government-recognised University or Institution.

Experience

Minimum 3 years of experience in financial services, investment advisory, private banking or Wealth Management Solution Providers.

Out of this, candidates must have at least 2 years of experience in Central Operations in the Wealth Management business.

Specific Skills

Excellent knowledge of:

• Equity Products
• Structured Products
• PMS
• Mutual Funds
• Advisory

is required.

Job Profile

The role involves daily operational activities, AMC coordination, CPA generation and upload, End-of-Day activities, order reconciliation, PMS data upload, new investor document uploads and troubleshooting related to Central Operations Team activities.

SBI SCO Salary / CTC 2026

The annual CTC upper limits for the posts are as follows:

The notification states that the annual CTC is negotiable and will depend upon the candidate’s experience, current emoluments and place of posting.

Interested candidates may check: Latest Teaching Jobs 2026

CTC Components

The CTC includes fixed pay, conveyance/mobile/medical allowances and performance-linked pay.

For example:

• Head Sales: Fixed Pay up to Rs. 147.00 Lakhs
• Product Lead: Fixed Pay up to Rs. 57.00 Lakhs
• Manager (Business Process): Fixed Pay up to Rs. 34.75 Lakhs
• Project Development Manager: Fixed Pay up to Rs. 34.75 Lakhs
• COT Support: Fixed Pay up to Rs. 27.32 Lakhs

Performance Linked Pay can be 0% to 35% of fixed pay, while the annual increment band is 0% to 25%, as specified in the advertisement.

Contract Period

The contract period is 5 years.

For Head Sales, the contract may be renewable for another 4 years at the discretion of the Bank, subject to the applicable conditions.

The contract can be terminated by either side by giving 2 months’ notice or by payment/surrender of two months’ compensation in lieu of notice.

SBI SCO Recruitment 2026 – Application Fee

The application fee is non-refundable. Online payment can be made through the payment gateway using Debit Card, Credit Card or Internet Banking. Any applicable transaction charges are to be borne by the candidate.

SBI SCO Selection Process 2026

The selection process consists of:

1. Shortlisting
2. Personal/Video Interview
3. CTC Negotiation
4. Final Merit List

Mere fulfilment of the minimum educational qualification and experience does not guarantee an interview call. SBI’s shortlisting committee will determine the shortlisting parameters.

The interview carries 100 marks. The qualifying marks will be decided by the Bank.

CTC negotiation may take place during the interview or separately after the interview.

Merit List

The merit list will be prepared in descending order based on the interview scores.

If more than one candidate obtains the same marks at the cut-off point, candidates will be ranked according to their age in descending order.

Documents Required

Candidates need to upload the following documents while submitting the online application:

• Recent Photograph
• Signature
• Brief Resume
• ID Proof
• PAN Card
• PwBD Certificate, if applicable
• Educational Certificates/Mark Sheets/Degree Certificate
• Experience Certificates
• Form-16/Offer Letter/Latest Salary Slip from current employer
• No Objection Certificate, if applicable
• Biodata and CTC Format

Most documents must be uploaded in PDF format. The advertisement specifies that document files should be A4 size and should not exceed 500 KB.

Photograph & Signature Requirements

Photograph

• Recent passport-size colour photograph
• Preferred dimensions: 200 × 230 pixels
• File size: 20 KB to 50 KB
• Light-coloured, preferably white, background
• Face should be clearly visible
• Caps, hats and dark glasses are not allowed, except permitted religious headwear that does not cover the face.

Signature

• Signature must be made on white paper with a black ink pen.
• Preferred dimensions: 140 × 60 pixels
• File size: 10 KB to 20 KB
• Signature in CAPITAL LETTERS will not be accepted.

Important Dates SBI SCO Recruitment 2026

The notification specifies that the online registration and fee payment window is from 30 September 2026 to 21 October 2026. Interview communication will be sent by email or uploaded on the SBI website.

How to Apply for SBI SCO Recruitment 2026

Eligible candidates can apply online through the official SBI Careers website.

Step 1

Visit the SBI Careers Current Openings page.

Step 2

Scroll down and find Advertisement No. CRPD/SCO/2026-27/25.

Step 3

Download and carefully read the detailed advertisement.

Step 4

Click on the Apply Online option.

Step 5

Complete the registration form and upload the required photograph, signature and documents.

Step 6

Pay the applicable application fee online.

Step 7

Carefully check all details before final submission.

Step 8

Submit the application and take a printout of the system-generated application form for future reference.

The notification specifically states that corrections will not be allowed after final submission, so candidates should verify the application carefully before submitting it.

Important Links

Important Instructions

Candidates should keep their registered email ID active until the recruitment process is completed because interview call letters/advice may be communicated through email or uploaded on the SBI website.

Candidates already working in Government, Quasi-Government offices, Public Sector Undertakings, Nationalized Banks, Financial Institutions or SBI Group companies may be required to submit an NOC at the interview stage.

Candidates should also note that teaching and training experience will not be counted for eligibility. Experience of less than six months in any organisation will not be considered for eligibility.

FAQs – SBI Specialist Cadre Officer Recruitment 2026

1. How many vacancies are available in SBI SCO Recruitment 2026?

There are 6 vacancies across five posts.

2. What are the posts available?

The posts are Head Sales, Central Research Team (Product Lead), Manager (Business Process), Project Development Manager (Technology), and Central Operations Team (COT) Support.

3. What is the last date to apply?

The last date for online application and fee payment is 21 October 2026.

4. What is the application fee?

UR/EWS/OBC candidates have to pay Rs. 750, while SC/ST/PwBD candidates are exempted from the application fee.

5. Is this a permanent SBI job?

No. The notification is for Specialist Cadre Officers on Contract Basis.

6. What is the maximum CTC?

The highest CTC upper limit is Rs. 199 lakh per annum for Head Sales.

7. What is the selection process?

Selection consists of shortlisting, personal/video interview and CTC negotiation.

8. Is there an interview?

Yes. The interview carries 100 marks.

9. Can candidates apply for more than one post?

Yes. Candidates can apply for more than one post if they fulfil the eligibility criteria for each post.

10. Where can candidates apply?

Candidates can apply through the SBI Careers – Current Openings section.

SBI has invited online applications for Specialist Cadre Officers on Contract Basis in its Wealth Management & Premier Banking Department. The recruitment includes 6 vacancies across five different positions, with annual CTC upper limits ranging from Rs. 37.20 lakh to Rs. 199 lakh, depending on the post.

Interested candidates should carefully check the educational qualification, age limit and required experience for the particular post before applying. The online application process is open from 30 September 2026 to 21 October 2026.

Candidates should complete their application well before the closing date and carefully verify all information and uploaded documents because changes will not be permitted after final submission.