SBI SCO Recruitment 2026 Notification Out - 207 Specialist Cadre Officers Posts - Apply Online

State Bank of India has invited online applications for 207 tentative Specialist Cadre Officer (SCO) posts on contract basis in its Wealth Management vertical, spanning seven roles from AVP Wealth up to Zonal Head, across 17 Circles nationwide. Candidates need a relevant graduate/postgraduate qualification plus post-qualification experience in wealth management, relationship management, or investment advisory. The online application window runs from 4 September to 25 September 2026.

Who Should Apply

• Zonal Head, Retail (1 post) — Graduate, with minimum 15 years managing Wealth Management/Retail Banking/AMC sales, including 5+ years leading a large RM/Team Lead team.
• Regional Head (5 posts) — Graduate, with minimum 12+ years in relationship management (preferably wealth management), including 5+ years leading a large team.
• Relationship Manager-Team Lead (24 posts) — Graduate, with minimum 8 years in relationship management, preferably wealth management; Team Lead experience preferred.
• Investment Specialist (9 posts) — PG Degree/Diploma in Finance/Accountancy/Business Management/Commerce/Economics/Capital Markets/Banking/Insurance/Actuarial Science, or CA/CFA, with minimum 6 years as an investment advisor/counsellor/officer.
• Investment Officer (4 posts) — Same PG-level qualification as above, with minimum 4 years of similar experience.
• VP Wealth (91 posts) — Graduate, with 6 years in sales & marketing with leading banks/wealth firms/AMCs.
• AVP Wealth (73 posts) — Graduate, with 3 years in sales & marketing with leading banks/wealth firms/AMCs (or 4 years as an SBI Wealth CRE).

Candidates can apply for more than one post if they separately meet each post's full eligibility criteria.

Eligibility & Age Limit

All qualification, experience, and age criteria are reckoned as on 31 August 2026. Age windows vary sharply by post: 35–50 years for Zonal Head and Regional Head, 28–42 years for Relationship Manager-Team Lead and Investment Specialist, 28–40 years for Investment Officer, 26–42 years for VP Wealth, and 23–35 years for AVP Wealth. The maximum age shown is for Unreserved category candidates; relaxation in the upper age limit is available to reserved-category candidates as per Government of India guidelines, though the notification doesn't specify the exact number of relaxation years for each category. OBC candidates must fall under the Non-Creamy Layer and submit a certificate in the prescribed Government of India format, valid from 1 April 2026 up to the date of interview. EWS candidates need an Income & Asset Certificate for FY 2025-26 (valid for FY 2026-27) by the online application closing date, or they must apply under UR category instead.

See every current opening open to Graduate candidates.

Salary & Pay Scale

Pay is structured as Annual Cost to Company (CTC), not a monthly pay scale, and it's negotiable based on experience and current emoluments. Upper CTC ranges run from ₹27.10 lakh/year for Investment Officer up to ₹97 lakh/year for Zonal Head (Retail); Regional Head goes up to ₹66.40 lakh, Relationship Manager-Team Lead up to ₹51.80 lakh, Investment Specialist up to ₹44.50 lakh, VP Wealth up to ₹44.70 lakh, and AVP Wealth up to ₹30.20 lakh. Each CTC includes a Fixed Pay component, a separate Conveyance/Mobile/Medical allowance (₹0.92–₹1.16 lakh depending on post), Performance Linked Pay (0% to 45% of Fixed Pay), and an Annual Increment Band (0% to 20-25%) — so actual take-home will vary meaningfully based on performance rating, not just the headline CTC figure.

Important Dates

Application Fee

₹750 for UR/EWS/OBC candidates, non-refundable. No fee for SC/ST/PwBD candidates. Fee is paid online via Debit Card, Credit Card, or Internet Banking through the integrated payment gateway; any transaction charges are borne by the candidate. Once paid, the fee is not refunded and cannot be adjusted against any other exam or selection.

How to Apply

1. Log in to sbi.bank.in/web/careers/current-openings and scroll down to Advertisement No. CRPD/SCO/2026-27/23.
2. Download and carefully read the detailed advertisement.
3. Click Apply Online and register with a valid, active email ID (keep it active until results are declared).
4. Scan and upload your latest colour photograph (20–50KB, 200x230 pixels, light/white background, JPG) and signature (black ink on white paper, 10–20KB, 140x60 pixels, JPG — not in capital letters).
5. Fill in the application carefully; you can save and re-open it using your system-generated registration number and password, with editing allowed up to three times before final submission.
6. Upload all required documents as PDFs (except photo/signature), A4 page size, each no larger than 500KB.
7. Pay the application fee online — no further edits are allowed once payment is made.
8. Take a printout of the submitted application form and fee e-receipt for your records; hard copies need not be sent to the Bank.

Since exact photo and signature specs are given, use a tool to resize your photo and signature to the exact spec; since every uploaded document is capped at 500KB, you may want to compress your PDFs to fit the limit; and since eligibility is reckoned precisely as on 31 August 2026, you can check your exact age as on that date before applying.

How Are Candidates Selected

Shortlisting — Based on qualification, suitability, and experience against the specific post applied for; the shortlisting committee decides the parameters, and meeting the minimum eligibility criteria alone doesn't guarantee an interview call. Shortlisting is provisional and without verification of original documents.

Interview — One or more rounds of Personal, Telephonic, or Video interview, carrying 100 marks. Specific skills (investment knowledge, portfolio advisory, communication) are tested here for the relevant posts. The qualifying cut-off is decided by the Bank.

CTC Negotiation — Conducted individually with each shortlisted candidate, either at the time of interview or after the interview process is complete.

Merit List — Prepared in descending order purely on interview score. If candidates tie at the cut-off, the older candidate (by age) ranks higher.

Why This Job Matters

State Bank of India is India's largest public sector bank, and this Specialist Cadre drive is entirely for its Wealth Management business — a distinct, high-value banking vertical serving Affluent, HNI, and UHNI clients, separate from general retail or branch banking. With 207 posts spanning junior AVP-level roles up to a single Zonal Head position, and CTCs running as high as ₹97 lakh, this is one of the more senior, experience-heavy specialist recruitments SBI has run, and it reflects the Bank's continued expansion of its private wealth management footprint across major cities nationwide.

The FreshersLike Take

Best fit: an excellent option for experienced wealth management, relationship banking, or investment advisory professionals who already meet a post's specific years-of-experience bar and want a senior, high-CTC banking role, with the flexibility to apply for more than one post at once. Who should think twice: these are contract roles (5 years, renewable for up to 4 more at the Bank's discretion, terminable by either side with 2 months' notice), not permanent SBI officer appointments, and candidates who previously accepted an offer in an earlier Wealth Management recruitment but didn't join, or who resigned after being engaged on contract for these same posts, are debarred from applying for 2 years — so past history with this specific recruitment track matters. Practical tip: for the five posts requiring Circle preference (RM-Team Lead, Investment Specialist, Investment Officer, VP Wealth, AVP Wealth), you must list three different Circles and no change is allowed later — check the circle-wise vacancy table in the official notification carefully before choosing, since VP Wealth and AVP Wealth vacancies are heavily concentrated in Bengaluru, New Delhi, and a handful of other circles, with several circles offering zero VP/AVP Wealth posts at all.

Documents Required

• Recent colour photograph and signature (per prescribed size/dimensions)
• Brief Resume (PDF)
• ID Proof (PDF)
• PAN Card
• Proof of age
• Caste Certificate, where applicable
• PwBD Certificate, where applicable
• Educational certificates — relevant mark sheets/degree certificates (PDF)
• Experience certificates specifically confirming the relevant field of experience (PDF)
• Form-16/Offer Letter/Latest Salary Slip from current employer (PDF)
• No Objection Certificate, mandatory for candidates in Government/Quasi-Government offices, PSUs, Nationalized Banks, Financial Institutions, or SBI Group companies
• Bio-data and CTC Format (as prescribed by the Bank)

What Happens After Selection

Shortlisting is provisional and without document verification; candidature is subject to full verification against original documents when a candidate reports for interview. Engagement is subject to the candidate being declared medically fit as per Bank requirements, and to the Bank's service and conduct rules for the post. At interview, candidates must disclose any pending criminal cases, and the Bank may independently verify police records before deciding on engagement. Selected candidates get a 5-year contract (renewable for another 4 years at the Bank's discretion) and 30 days' leave per financial year; the contract can be terminated by either side with 2 months' notice or 2 months' compensation in lieu. Outstation candidates called for interview are reimbursed travel fare for the shortest route (or actual cost, whichever is lower) by the eligible mode mentioned in the call letter — local conveyance is not reimbursed.

Contact & Helpline

For queries, use the "Contact Us / Post Your Query" link on SBI's careers portal at sbi.bank.in/web/careers. This is the only official channel for this recruitment — call letters and interview advices are sent only by email (no hard copy), and the Bank does not entertain individual correspondence about shortlisting decisions.

Important Links

Common Questions

What is the last date to apply for SBI SCO Recruitment 2026?

25 September 2026, for both online registration and fee payment.

How many vacancies are there, and across which posts?

207 tentative vacancies — 1 Zonal Head, 5 Regional Head, 24 Relationship Manager-Team Lead, 9 Investment Specialist, 4 Investment Officer, 91 VP Wealth, and 73 AVP Wealth.

Can a fresh graduate with no wealth management experience apply?

No. Every post carries a mandatory minimum years of post-qualification experience, ranging from 3 years (AVP Wealth) up to 15 years (Zonal Head) — teaching and training experience is not counted.

Is there a written exam?

No. Selection is by shortlisting followed directly by interview (100 marks) and CTC negotiation — there's no separate written test.

Is the application fee refundable?

No. The ₹750 fee for UR/EWS/OBC candidates is non-refundable once paid; SC/ST/PwBD candidates pay no fee at all.

Can I apply for more than one post?

Yes, provided you separately meet the full eligibility criteria (qualification, experience, and age) for each post you apply for.

Is this a permanent SBI job?

No. These are Officers Engaged on Contract (OEC) for 5 years, renewable for up to 4 more years at the Bank's discretion — not regular, pensionable SBI appointments.

Can I change my preferred Circle after applying?

No. For the five Circle-based posts, you must list three different Circles at the time of application, and no request for change is entertained at any stage.

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