SBI SCO Wealth Management Job 2026
SBI SCO Wealth Management Recruitment 2026 – 207 Posts of VP Wealth, AVP Wealth, Relationship Manager-Team Lead, Investment Specialist & More
Quick Info
| Particulars | Details |
|---|---|
| Total Vacancies | 207 (Regular + Backlog) |
| Online Application Start Date | 04.09.2026 |
| Last Date to Apply | 05.10.2026 (extended; originally 25.09.2026) |
| Age Limit (as on 31.08.2026) | 23 to 50 years (varies by post) |
| Application Fee | ₹750 for UR/EWS/OBC; Nil for SC/ST/PwBD |
| CTC (Upper Range) | ₹27.10 Lakh to ₹97.00 Lakh per annum (varies by post) |
| Contract Period | 5 Years (renewable for another 4 years) |
| Organisation | State Bank of India (SBI), Central Recruitment & Promotion Department, Mumbai |
| Advertisement No. | CRPD/SCO/2026-27/23 |
| Post Names | Zonal Head (Retail), Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth, AVP Wealth |
| Nature of Engagement | Contract Basis (Specialist Cadre Officers) |
| Qualification | Graduation / PG Degree or PG Diploma in Finance-related fields / CA / CFA (post-wise) + experience |
| Selection Process | Shortlisting + Interview (100 marks) + CTC Negotiation |
| Job Location | Across India (Circle-wise) |
| Mode of Application | Online |
| Official Website | sbi.bank.in/web/careers |
Source: PDF, Pages 2, 3, 5, 6–13; extended last date from the SBI Careers “Current Openings” page. Total 207 computed by adding post-wise totals.
1. Top Summary
State Bank of India (SBI) has released Advertisement No. CRPD/SCO/2026-27/23 for the engagement of Specialist Cadre Officers on a contract basis in its Wealth Management & Premier Banking vertical. A total of 207 posts are on offer across seven roles – Zonal Head (Retail), Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth. Online registration began on 04.09.2026 and, as per SBI’s careers page, has been extended till 05.10.2026. Selection is purely interview-based (no written exam), and the annual CTC upper range goes up to ₹97 lakh for the Zonal Head post.
Source: PDF, Pages 2, 3, 5, 13; SBI Careers page
Source: PDF, Pages 2, 5, 6–12
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2. Important Dates
| Event | Date |
|---|---|
| Advertisement Date | 04.09.2026 |
| Online Registration & Fee Payment Starts | 04.09.2026 |
| Original Last Date | 25.09.2026 |
| Extended Last Date (Online Registration) | 05.10.2026 |
| Cut-off Date for Age, Qualification & Experience | 31.08.2026 |
| Interview Date | To be intimated by e-mail / on SBI website |
Source: PDF, Pages 2, 3, 6, 13, 15; extended date from SBI Careers page
3. Post-wise Vacancy Details
| S.No. | Post Name | SC | ST | OBC | EWS | UR | Total |
|---|---|---|---|---|---|---|---|
| 1 | Zonal Head (Retail) | 0 | 0 | 1 | 0 | 0 | 1 |
| 2 | Regional Head (RH) | 1 | 1 | 1 | 0 | 2 | 5 |
| 3 | Relationship Manager-Team Lead | 3 | 3 | 3 | 2 | 13 | 24 |
| 4 | Investment Specialist (IS) | 3 | 1 | 2 | 0 | 3 | 9 |
| 5 | Investment Officer (IO) | 0 | 1 | 1 | 0 | 2 | 4 |
| 6 | VP Wealth | 18 | 19 | 39 | 2 | 13 | 91 |
| 7 | AVP Wealth | 14 | 5 | 18 | 7 | 29 | 73 |
| Total | 39 | 30 | 65 | 11 | 62 | 207 | |
Source: PDF, Page 3 (category figures combine Regular + Backlog vacancies; column totals computed)
Regular vs Backlog Break-up
| Post | Regular | Backlog | Total |
|---|---|---|---|
| Zonal Head (Retail) | 0 | 1 (OBC) | 1 |
| Regional Head | 4 | 1 (OBC) | 5 |
| Relationship Manager-Team Lead | 22 | 2 (ST) | 24 |
| Investment Specialist | 6 | 3 (SC 2, ST 1) | 9 |
| Investment Officer | 3 | 1 (ST) | 4 |
| VP Wealth | 26 | 65 (SC 14, ST 18, OBC 33) | 91 |
| AVP Wealth | 70 | 3 (SC) | 73 |
Source: PDF, Page 3 (regular/backlog sums computed from category-wise figures)
PwBD (Horizontal) Vacancies
| Post | VI | HI | LD | D&E |
|---|---|---|---|---|
| Zonal Head (Retail) | 1 (Backlog) | 0 | 0 | 0 |
| Regional Head | 1 (Backlog) | 0 | 0 | 0 |
| Relationship Manager-Team Lead | 1 | 1 (Backlog) | 1 (Backlog) | 0 |
| Investment Specialist | 1 (Backlog) | 0 | 0 | 0 |
| Investment Officer | 1 (Backlog) | 0 | 0 | 0 |
| VP Wealth | 1 + 4 (Backlog) | 1 + 3 (Backlog) | 4 (Backlog) | 4 (Backlog) |
| AVP Wealth | 1 + 2 (Backlog) | 1 + 2 (Backlog) | 1 + 1 (Backlog) | 3 (Backlog) |
Source: PDF, Page 3
4. Place of Posting & Circle-wise Vacancies
| Post | Suggested Place of Posting |
|---|---|
| Zonal Head (Retail) | East Zone (Kolkata) |
| Regional Head | Bengaluru, Bhopal, Hyderabad, Guwahati, Patna |
| RM-Team Lead, IS, IO, VP Wealth, AVP Wealth | Centres within the applied/opted Circle |
Source: PDF, Page 3
| Circle | RM (Team Lead) | Investment Specialist | Investment Officer | VP Wealth | AVP Wealth |
|---|---|---|---|---|---|
| Amaravati | 2 | 0 | 0 | 0 | 0 |
| Bengaluru | 2 | 0 | 1 | 28 | 20 |
| Bhopal | 1 | 1 | 0 | 3 | 4 |
| Bhubaneswar | 1 | 0 | 1 | 0 | 0 |
| Chandigarh | 1 | 0 | 0 | 0 | 0 |
| Chennai | 0 | 0 | 0 | 6 | 2 |
| Gandhinagar | 1 | 0 | 1 | 2 | 0 |
| Guwahati | 2 | 0 | 0 | 0 | 0 |
| Hyderabad | 1 | 1 | 1 | 9 | 0 |
| Jaipur | 0 | 1 | 0 | 7 | 8 |
| Kolkata | 1 | 1 | 0 | 11 | 6 |
| Lucknow | 2 | 0 | 0 | 0 | 4 |
| Maharashtra | 1 | 1 | 0 | 0 | 0 |
| Mumbai Metro | 0 | 1 | 0 | 0 | 0 |
| New Delhi | 4 | 2 | 0 | 18 | 16 |
| Patna | 2 | 0 | 0 | 0 | 0 |
| Thiruvananthapuram | 3 | 1 | 0 | 7 | 13 |
| Total | 24 | 9 | 4 | 91 | 73 |
Source: PDF, Page 3
Source: PDF, Pages 3, 5
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5. Eligibility Criteria
Age Limit (as on 31.08.2026)
| Post | Minimum Age | Maximum Age |
|---|---|---|
| Zonal Head (Retail) | 35 | 50 |
| Regional Head | 35 | 50 |
| Relationship Manager-Team Lead | 28 | 42 |
| Investment Specialist | 28 | 42 |
| Investment Officer | 28 | 40 |
| VP Wealth | 26 | 42 |
| AVP Wealth | 23 | 35 |
Source: PDF, Page 3The maximum age shown is for Unreserved candidates. Upper age relaxation for reserved categories applies as per Government of India guidelines.
Source: PDF, Pages 3, 4
Educational Qualification & Experience (as on 31.08.2026)
| Post | Mandatory Qualification | Mandatory Experience | Preferred |
|---|---|---|---|
| Zonal Head (Retail) | Graduate from a Govt.-recognised University/Institution | Min. 15 years managing sales in Wealth Management / Retail Banking / AMCs, of which min. 5 years leading a large team of RMs and Team Leads | MBA (Banking/Finance/Marketing) with 60%; CFP / CFA / NISM V-A / NISM Investment Adviser / NISM 21-A |
| Regional Head | Graduate from a Govt.-recognised University/Institution | Min. 12+ years in relationship management (preferably wealth management) with leading Public/Private/Foreign Banks, Wealth Management Firms or AMCs, plus 5+ years leading a large team of RMs or as Team Lead | MBA (Banking/Finance/Marketing) with 60%; CFP / CFA / NISM V-A / NISM Investment Adviser / NISM 21-A |
| Relationship Manager-Team Lead | Graduate from a Govt.-recognised University/Institution | Min. 8 years in relationship management (preferably wealth management) with leading Banks / Broking / Securities firms / AMCs | Team Lead experience; MBA (Banking/Finance/Marketing) with 60%; CFP / CFA / NISM V-A / NISM Investment Adviser / NISM 21-A |
| Investment Specialist | PG Degree / PG Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science, OR CA / CFA | Min. 6 years post-qualification as investment advisor / counsellor / officer / product team member in Wealth Management Firms / AMCs | CA / CFP / CFA / NISM Investment Adviser / Research Analyst Certificate / NISM 21-A |
| Investment Officer | Same as Investment Specialist | Min. 4 years post-qualification as investment advisor / counsellor / officer / product team member in Wealth Management Firms / AMCs | CA / CFP / CFA / NISM Investment Adviser / Research Analyst Certificate / NISM 21-A |
| VP Wealth | Graduate from a Govt.-recognised University/Institution | 6 years in sales & marketing with leading Public/Private/Foreign Banks, Wealth Management Firms or AMCs | 6 years as RM or similar role in wealth management; MBA (Banking/Finance/Marketing) with 60%; NISM V-A, XXI-A, CFP/CFA |
| AVP Wealth | Graduate from a Govt.-recognised University/Institution | 3 years in sales & marketing with leading Banks / Wealth Management Firms / AMCs, or SBI Wealth CREs with 4 years’ experience | 3 years as RM or similar role; PG in Finance/Marketing/Banking; NISM V-A, XXI-A, CFP/CFA |
Source: PDF, Pages 6–12
Source: PDF, Pages 4, 5
6. Salary / CTC & Contract Period
| Post | CTC Upper Range (₹ Lakh p.a.) | Fixed Pay (max) | Allowances (Conveyance, Mobile, Medical) | Annual Increment Band |
|---|---|---|---|---|
| Zonal Head (Retail) | 97.00 | ₹66.00 Lakh | ₹1.10 Lakh | 0%–25% |
| Regional Head | 66.40 | ₹45.00 Lakh | ₹1.10 Lakh | 0%–20% |
| Relationship Manager-Team Lead | 51.80 | ₹35.00 Lakh | ₹1.04 Lakh | 0%–25% |
| Investment Specialist | 44.50 | ₹30.00 Lakh | ₹0.92 Lakh | 0%–25% |
| Investment Officer | 27.10 | ₹18.00 Lakh | ₹0.92 Lakh | 0%–25% |
| VP Wealth (SRM) | 44.70 | ₹30.00 Lakh | ₹1.16 Lakh | 0%–25% |
| AVP Wealth (RM) | 30.20 | ₹20.00 Lakh | ₹1.16 Lakh | 0%–25% |
Source: PDF, Pages 5, 6
- Performance Linked Pay of 0% to 45% of Fixed Pay applies to all posts, based on performance rating.
- Annual CTC is negotiable and depends on the candidate’s experience, current emoluments and place of posting.
- Contract period: 5 years, renewable for another 4 years at the Bank’s discretion.
- Either side may end the contract with 2 months’ notice or 2 months’ compensation in lieu.
- Leave: 30 days per financial year.
Source: PDF, Pages 5, 6, 13
7. Application Fee
| Category | Fee (incl. Intimation Charges) |
|---|---|
| UR / EWS / OBC | ₹750 |
| SC / ST / PwBD | Nil |
Source: PDF, Page 13Fee is payable online through Debit Card, Credit Card or Internet Banking. It is non-refundable and cannot be adjusted against any other recruitment. Transaction charges, if any, are borne by the candidate.
Source: PDF, Page 13
8. Selection Process
- Shortlisting: A committee set up by the Bank decides shortlisting parameters. Meeting the minimum qualification and experience does not guarantee an interview call.
- Interview: One or more rounds of personal / telephonic / video interview carrying 100 marks. Qualifying marks are decided by the Bank.
- CTC Negotiation: Done individually at the time of interview or after the interview process.
- Merit List: Prepared in descending order of interview scores only. In case of a tie at the cut-off, the older candidate ranks higher.
Source: PDF, Pages 2, 5, 13
9. Job Profile (In Brief)
- Zonal Head (Retail): Manages zonal wealth management sales, leads RM Team Leads and RMs, acquires HNI and affluent customers, and focuses on growing Total Relationship Value (TRV) and AUM.
- Regional Head: Manages RMs, Team Leads and Investment Officers of the allotted Circle(s), drives acquisition in the Affluent/UHNI/HNI segment and cross-sells investment and insurance products.
- Relationship Manager-Team Lead: Leads a team of RMs, acquires and deepens Affluent/HNI client relationships and sells investment and insurance products.
- Investment Specialist / Investment Officer: Supports VP Wealth and RMs with expert investment opinion, research, product presentations, portfolio reviews and client guidance.
- VP Wealth: Acquires and manages Affluent/UHNI/HNI clients, grows CASA and investment AUM and cross-sells investments, insurance, PMS and SIPs.
- AVP Wealth: Acquires and manages Affluent/HNI clients, grows CASA and sells investment and insurance products.
Source: PDF, Pages 6–12
10. How to Apply
- Visit the SBI Careers page (sbi.bank.in/web/careers/current-openings).
- Find Advertisement No. CRPD/SCO/2026-27/23 and download the detailed advertisement, Biodata format and CTC Negotiation form.
- Click “Apply Online” and register with a valid e-mail ID and mobile number.
- Upload photograph, signature and all required documents in the prescribed format.
- Choose three different Circles (where applicable) and fill in the form carefully. A saved application can be edited only three times.
- Pay the application fee online and submit. No changes are allowed after fee payment.
- Print the e-receipt and the system-generated application form for your records.
Source: PDF, Pages 13, 16
11. Documents to Upload
| Document | Format / Size |
|---|---|
| Recent passport-size colour photograph | JPG/JPEG, 20–50 KB, 200 × 230 pixels (preferred) |
| Signature (black ink on white paper, not in capital letters) | JPG/JPEG, 10–20 KB, 140 × 60 pixels (preferred) |
| Brief Resume, ID Proof, PAN Card | PDF, A4, max 500 KB |
| Educational certificates (mark sheets / degree) | PDF, A4, max 500 KB |
| Experience certificates | PDF, A4, max 500 KB |
| Form-16 / Offer Letter / Latest salary slip | PDF, A4, max 500 KB |
| PwBD certificate / NOC (if applicable) | PDF, A4, max 500 KB |
| Bio-data and CTC Format | As prescribed |
Source: PDF, Page 14
12. Important Instructions
- Candidates can apply for more than one post if they meet the eligibility for each.
- Candidates previously selected for SBI Wealth Management & Premier Banking posts who did not join are barred for 2 years from the date of non-joining.
- Those previously engaged on contract for these posts who resigned are barred from these posts for 2 years from resignation; those issued a caution notice are barred from all future SBI recruitments.
- Employees of Govt./PSUs/Banks/SBI Group companies must submit a No Objection Certificate (NOC) from their employer.
- OBC-NCL certificate must be issued between 01.04.2026 and the date of interview. EWS candidates need an Income & Asset Certificate for FY 2025-26 (valid for FY 2026-27) by the closing date, otherwise they must apply as UR.
- Interview call letters are sent by e-mail only; no hard copy is sent.
- In case of multiple applications, only the last valid (completed) application is retained.
- Outstation candidates called for interview get travel fare reimbursement for the shortest route or actual cost, whichever is lower.
- Legal disputes fall under the exclusive jurisdiction of courts in Mumbai.
Source: PDF, Pages 2, 4, 13, 15
Important Links
| Official Notification (PDF) u2013 English | sbi.bank.in |
| Official Notification (PDF) u2013 Hindi | sbi.bank.in |
| Apply Online | recruitment.sbi.bank.in |
| Biodata Format (PDF) | sbi.bank.in |
| CTC Negotiation Form (PDF) | sbi.bank.in |
| Official Website (SBI Careers) | sbi.bank.in |
13. Frequently Asked Questions (FAQs)
How many vacancies are there in SBI SCO Wealth Management Recruitment 2026?
There are 207 vacancies in total across seven posts, including 91 for VP Wealth and 73 for AVP Wealth.
Source: PDF, Page 3 (total computed)
What is the last date to apply?
The notification originally gave 25.09.2026, but SBI’s careers page shows online registration extended till 05.10.2026.
Source: PDF, Page 2; SBI Careers page
Is there a written exam?
No. Selection is based on shortlisting followed by an interview of 100 marks and CTC negotiation. The merit list is prepared on interview scores only.
Source: PDF, Page 13
What is the application fee?
₹750 for UR/EWS/OBC candidates. SC/ST/PwBD candidates pay no fee.
Source: PDF, Page 13
Are these permanent jobs?
No. These are contract posts for 5 years, renewable for another 4 years at the Bank’s discretion.
Source: PDF, Page 5
What is the salary for VP Wealth and AVP Wealth?
The annual CTC upper range is ₹44.70 lakh for VP Wealth and ₹30.20 lakh for AVP Wealth, including fixed pay, allowances and performance-linked pay.
Source: PDF, Pages 5, 6
Which post has the highest salary?
Zonal Head (Retail), with an annual CTC upper range of ₹97 lakh.
Source: PDF, Page 5
What is the age limit for AVP Wealth?
23 to 35 years as on 31.08.2026, with upper age relaxation for reserved categories as per Government rules.
Source: PDF, Pages 3, 4
Can freshers apply?
No. Every post requires post-qualification experience, starting from 3 years for AVP Wealth.
Source: PDF, Pages 6–12
Can I apply for more than one post?
Yes, if you fulfil all eligibility criteria for each post.
Source: PDF, Pages 2, 3
How many Circles can I choose?
You must select three different Circles for RM (Team Lead), Investment Specialist, Investment Officer, VP Wealth and AVP Wealth. The preference cannot be changed later.
Source: PDF, Pages 3, 5
Is teaching experience counted?
No. Teaching and training experience is not counted, and experience of less than six months in any organisation is not considered.
Source: PDF, Pages 2, 5
How will I receive the interview call letter?
By e-mail or on the SBI website. No hard copy will be sent, so keep your e-mail ID active.
Source: PDF, Pages 2, 13
Where can I send queries?
Through the “CONTACT US / Post Your Query” link on the SBI Careers website.
Source: PDF, Page 15