SBI SCO Wealth Management Recruitment 2026: Apply Online for 200+ Vacancies, Eligibility, and Salary Up to ₹97 Lakhs
State Bank of India (SBI) has released an official recruitment notification (Advertisement No: CRPD/SCO/2026-27/23) inviting eligible Indian citizens to apply for Specialist Cadre Officers (SCO) on a contract basis in its Wealth Management & Premier Banking division
Key Highlights & Important Dates
| Parameter | Details |
| Recruitment Organization | State Bank of India (SBI) |
| Advertisement Number | CRPD/SCO/2026-27/23 |
| Post Types | Specialist Cadre Officers (Contract Basis) |
| Application Mode | Online |
| Registration Window | September 04, 2026 to September 25, 2026 |
| Application Fee | ₹750 (General/EWS/OBC); Exempted (SC/ST/PwBD) |
| Contract Duration | 5 Years (extendable by 4 years at the Bank's discretion) |
| Official Website |
Vacancy Breakdown & Age Criteria
All age limits are calculated as of August 31, 2026 (relaxation applies to reserved categories as per Government of India guidelines)
| Sl. No. | Post Name | Regular Vacancies | Backlog Vacancies | Total Posts | Age Limit (Min - Max) |
| 1 | Zonal Head (Retail) | 0 | 1 | 1 | 35 – 50 Years |
| 2 | Regional Head (RH) | 4 | 1 | 5 | 35 – 50 Years |
| 3 | Relationship Manager - Team Lead | 24 | 0 | 24 | 28 – 42 Years |
| 4 | Investment Specialist (IS) | 6 | 3 | 9 | 28 – 42 Years |
| 5 | Investment Officer (IO) | 3 | 1 | 4 | 28 – 40 Years |
| 6 | VP Wealth | 26 | 65 | 91 | 26 – 42 Years |
| 7 | AVP Wealth | 70 | 3 | 73 | 23 – 35 Years |
Remuneration & CTC Structure
The annual Cost to Company (CTC) upper limits include fixed pay, variable/performance-linked pay (PLP) ranging from 0% to 45% of fixed pay, and mobile/medical/conveyance allowances
Zonal Head (Retail): CTC upper range up to ₹97.00 Lakhs (Fixed Pay: ₹66.00 Lakhs + Allowances: ₹1.10 Lakhs + PLP up to 45%)
. Regional Head (RH): CTC upper range up to ₹66.40 Lakhs (Fixed Pay: ₹45.00 Lakhs + Allowances: ₹1.10 Lakhs + PLP up to 45%)
. Relationship Manager - Team Lead: CTC upper range up to ₹51.80 Lakhs (Fixed Pay: ₹35.00 Lakhs + Allowances: ₹1.04 Lakhs + PLP up to 45%)
. VP Wealth (SRM): CTC upper range up to ₹44.70 Lakhs (Fixed Pay: ₹30.00 Lakhs + Allowances: ₹1.16 Lakhs + PLP up to 45%)
. Investment Specialist (IS): CTC upper range up to ₹44.50 Lakhs (Fixed Pay: ₹30.00 Lakhs + Allowances: ₹0.92 Lakhs + PLP up to 45%)
. AVP Wealth (RM): CTC upper range up to ₹30.20 Lakhs (Fixed Pay: ₹20.00 Lakhs + Allowances: ₹1.16 Lakhs + PLP up to 45%)
. Investment Officer (IO): CTC upper range up to ₹27.10 Lakhs (Fixed Pay: ₹18.00 Lakhs + Allowances: ₹0.92 Lakhs + PLP up to 45%)
.
Educational Qualification & Experience Requirements
All academic qualifications and professional experience are reckoned as of August 31, 2026
1. Zonal Head (Retail) & Regional Head (RH)
Education: Graduation from a recognized University
. An MBA in Banking, Finance, or Marketing (minimum 60%) or CFP/CFA/NISM certifications is preferred . Experience (Zonal Head): Minimum 15 years in sales management within Wealth Management, Retail Banking, or Asset Management Companies (AMCs), including at least 5 years leading large RM/Team Lead networks
. Experience (Regional Head): Minimum 12+ years in relationship management (preferably wealth management) with Public, Private, or Foreign Banks/AMCs, including 5+ years leading teams
.
2. Relationship Manager - Team Lead
Education: Graduation from a recognized University; MBA or relevant financial certifications (CFP, CFA, NISM V-A/21-A) preferred
. Experience: Minimum 8 years in relationship management across banks, broking, or wealth management firms, with team leadership exposure preferred
.
3. Investment Specialist (IS) & Investment Officer (IO)
Education: Professional Post-Graduate Degree/Diploma in Finance, Accountancy, Business Management, Capital Markets, Economics, Banking, Actuarial Science, or CA/CFA
. Experience (Investment Specialist): Minimum 6 years of post-qualification experience as an investment advisor, counselor, or product team member in Wealth Management firms or AMCs
. Experience (Investment Officer): Minimum 4 years of similar post-qualification experience in advisory or product functions
.
4. VP Wealth & AVP Wealth
Education: Graduation from a recognized University; post-graduate degrees and certifications (NISM V-A, XXI-A, CFP, CFA) preferred
. Experience (VP Wealth): Minimum 6 years in sales and marketing with leading financial institutions or AMCs (with 6 years as an RM in wealth management preferred)
. Experience (AVP Wealth): Minimum 3 years in sales and marketing (or 4 years as an SBI Wealth CRE), with at least 3 years as a Relationship Manager preferred
.
Selection Process & How to Apply
Shortlisting: Fulfilling the minimum criteria does not guarantee a call letter
. A shortlisting committee will screen applications based on suitability, profile strength, and experience . Interview (100 Marks): Shortlisted candidates will be invited for personal, telephonic, or video interview rounds
. CTC Negotiation & Final Merit List: CTC negotiations will be conducted individually around interview evaluations
. The final merit list will be prepared in descending order strictly based on interview scores .
Application Procedure
Visit the official portal at
sbi.bank.in/web/careers/current-openings . Register using an active email address and phone number, note down your system-generated provisional registration credentials, and complete the form
. Upload required scanned documents in PDF format (under 500 KB each), including your resume, ID proof, age proof, experience letters/pay slips, and qualification certificates
. Upload a recent color photograph (20–50 KB, JPG/JPEG) and signature on white paper in black ink (10–20 KB, JPG/JPEG)
. Pay the non-refundable application fee of ₹750 (General/EWS/OBC) through online banking or debit/credit card and save the confirmation receipt
. SC, ST, and PwBD candidates are exempt from payment .
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