SBI SCO Recruitment 2026 Wealth Management: 6 Posts

SBI SCO Recruitment 2026 invites online applications from Indian citizens for Specialist Cadre Officer posts on contract in the Wealth Management & Premier Banking Department. The State Bank of India (SBI) Central Recruitment & Promotion Department, Mumbai, published Advertisement No. CRPD/SCO/2026-27/25 on 30 September 2026, as per the notice on sbi.bank.in. Online registration and fee payment run from 30 September 2026 to 21 October 2026. The jobs suit experienced candidates from wealth management, banking, research, operations and technology.

The notice lists 6 posts across 5 designations, and a full post-wise breakdown follows. The suggested place of posting is Mumbai, though the Bank can post selected candidates anywhere in India. Candidates should check all details in the article below.

Information verified from the official State Bank of India notification No. CRPD/SCO/2026-27/25 dated 30 September 2026. Last verified: 29 September 2026.

The State Bank of India is hiring 6 Specialist Cadre Officers on contract for its Wealth Management & Premier Banking Department through Advertisement No. CRPD/SCO/2026-27/25. The last date to apply online is 21 October 2026 at recruitment.sbi.bank.in. Selection is through shortlisting, an interview and CTC negotiation.

Quick Summary of SBI SCO Recruitment 2026

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About the organisation

The Central Recruitment & Promotion Department at SBI’s Corporate Centre in Mumbai runs SBI SCO Recruitment 2026. The posts sit in the Wealth Management & Premier Banking Department, which the notice also calls SBI Wealth. The notice records two recent awards for the Bank: World’s Best Consumer Bank 2026 by Global Finance, New York (second year in a row), and India’s Strongest Banking Brand 2026 by Brand Finance.

Local context and how it compares

The SBI SCO Recruitment 2026 notice suggests Mumbai as the place of posting. It also says the Bank can post an officer anywhere in India, and requests for a specific office may not be entertained. Candidates from Siliguri, Darjeeling, Gangtok and the wider North East would need to plan a move to a large city.

Mumbai is a major base for wealth firms, asset management companies and broking houses. That matters for the Head Sales and Central Research Team posts, which ask for experience in exactly those firms. Candidates who want to compare this with other bank vacancies can browse latest jobs across India. This is added context, not part of the official notification. Confirm with the hiring office.

Also Read: SBI Specialist Cadre Officer 2026 — Apply by 6 October

Important dates

For SBI SCO Recruitment 2026, the Bank counts age, qualification and experience as on 31 August 2026. Registration is complete only when the fee is paid online on or before the last date.

OBC-NCL candidates must submit a certificate issued from 1 April 2026 to the date of interview. The Bank will not extend that period.

Vacancy details and salary

Post-wise vacancy and age limit

All 6 posts in SBI SCO Recruitment 2026 are regular vacancies, and the notice lists no backlog posts. The age shown is the maximum for Unreserved candidates. Relaxation for reserved categories follows Government of India rules. Candidates can check their age on the cut-off date with the age calculator.

Reservation for PwBD candidates is horizontal and sits inside the parent category. Only candidates with benchmark disability, meaning at least 40% of a specified disability, qualify for it.

Post-wise salary and contract terms

Allowances cover conveyance, mobile and medical costs. Performance Linked Pay runs from 0% to 35% of fixed pay, and the annual increment band runs from 0% to 25%. Annual CTC is negotiable and depends on experience, current pay and place of posting.

Selected candidates get a contract of 5 years under SBI SCO Recruitment 2026, which the Bank can renew for another 4 years on conditions it sets. Either side can end the contract with 2 months’ notice, or with 2 months’ pay in lieu. Officers get 30 days of leave in each financial year.

Also Read: SBI SBIL Kolkata Recruitment 2026 – Apply Online by 6 October

Eligibility

Only Indian citizens can apply for SBI SCO Recruitment 2026. The notice sets no language or domicile rule. Teaching and training experience does not count, and experience of less than six months in any organisation does not count either. The employer’s experience certificate must state the related field.

Head Sales

• MBA/PGDM from reputed colleges or universities. CFP, CFA, NISM V-A or NISM 21-A is preferred.
• At least 15 years managing a sales team in Wealth Management, Retail Banking or AMCs.
• At least 8 years of that time leading a large team of Relationship Managers and Team Leads, preferably in wealth firms or AMCs.
• Preferred: large management teams, equity products, PMS, AIF, mutual funds, advisory, CRM exposure and national-level experience. The Bank tests these at interview.

Central Research Team (Product Lead)

• MBA/PGDM from a recognised college or university, or CA/CFA. NISM Investment Advisor or Research Analyst Certificate, CFP, NISM 21A or 21B is preferred.
• At least 5 years in equity research or products in Wealth Management, AMC (Mutual Funds) or banks.
• Preferred: 8 years in equity, fixed income or mutual fund research analytics, and skill with Excel, modelling, Bloomberg, Reuters, Morning Star and CRISIL.

Manager (Business Process)

• MBA/PGDM from a Government recognised university or institution.
• At least 5 years after qualification in a bank, wealth management firm or broking firm.
• Preferred: experience in business processes in wealth management.

Project Development Manager (Technology)

• BE, B.Tech, ME, M.Tech, MBA, MMS, PGDM or PGDBM from a Government recognised university or institution.
• At least 4 years in banking technology, preferably in a business function.

Central Operations Team (COT) Support

• Graduation from a Government recognised university or institution.
• At least 3 years in financial services, investment advisory, private banking or wealth management solution providers.
• At least 2 years of that time in Central Operations in a wealth management business.

Candidates working in SBI Group companies must produce a No Objection Certificate (NOC) from their employer while applying. Candidates who received an offer in earlier Wealth Management & Premier Banking hiring and did not join cannot apply for 2 years from the date of non-joining. The same 2-year bar applies to candidates who resigned from a contract post named in this notice.

Also Read: IBPS Recruitment 2026: Banker Faculty, Banker Faculty-Technical, Executive Secretary

Selection process

The Bank shortlists candidates first, then calls them for one or more rounds of personal or video interview. Meeting the minimum criteria does not guarantee an interview call. The Bank’s decision on calls is final.

1. Shortlisting: a committee set by the Bank decides the shortlisting parameters.
2. Interview: the interview carries 100 marks. The Bank decides the qualifying marks.
3. CTC negotiation: the Bank negotiates CTC at the interview or on a later date, in order of merit. A candidate who does not agree to the CTC offered is treated as having left the process.

The merit list uses interview marks only, and candidates with equal marks at the cut-off rank by age, older first. That makes the interview the single deciding step in the hiring. Call letters for SBI SCO Recruitment 2026 go by email only, and updates appear on sbi.bank.in.

Outstation candidates called for an interview get the shortest-route travel fare or the actual travel cost in India, whichever is lower. Local conveyance is not paid, and candidates found ineligible get no fare.

Also Read: EXIM Bank BDO Recruitment 2026 – 12 Posts

Application fee

The SBI SCO Recruitment 2026 fee is ₹750 for UR, EWS and OBC candidates. SC, ST and PwBD candidates pay no fee. The fee is non-refundable and cannot be adjusted for any other selection.

Candidates pay online by debit card, credit card or internet banking, and bear any transaction charges. The notice lets a candidate apply for more than one post if all criteria are met. It also states that with multiple applications only the last completed one is kept, and the fee paid for other registrations is forfeited.

How to apply

Candidates applying for SBI SCO Recruitment 2026 need a valid email ID that stays active until the result is declared.

1. Open the Current Openings page under Careers on sbi.bank.in.
2. Scroll down, click the advertisement, and download Advertisement No. CRPD/SCO/2026-27/25.
3. Read the notice, then click Apply Online. The application portal is recruitment.sbi.bank.in.
4. Fill in the form. Candidates can save partly filled details, which creates a provisional registration number and password. Saved details can be edited three times only.
5. Upload the photograph, signature and documents, and use Preview to check each one. Uploaded documents cannot be changed.
6. Review the whole application. The portal allows no corrections after final submission.
7. Pay the fee online where it applies.
8. Print the e-receipt and the application form.

Documents to keep ready

• Recent photograph and signature
• Brief resume (PDF)
• ID proof (PDF) and PAN card
• PwBD certificate, if applicable (PDF)
• Educational certificates, mark-sheets and degree certificate (PDF)
• Experience certificates (PDF)
• Form-16, offer letter or latest salary slip from the current employer (PDF)
• No Objection Certificate, if applicable (PDF)
• Biodata and CTC format

Photographs must be JPG or JPEG files of 20 KB to 50 KB, with 200 x 230 pixels preferred. Signatures must be 10 KB to 20 KB, with 140 x 60 pixels preferred. The signature must be in black ink on white paper and must not be in capital letters. The photo and signature resizer helps candidates meet these limits.

All other documents must be A4 PDF files of no more than 500 KB. Candidates can shrink large scans with the PDF compressor.

SC, ST and OBC-NCL candidates must submit a caste certificate in the Government of India format. EWS candidates need an Income and Asset Certificate for FY 2025-26, valid for FY 2026-27, on or before the closing date. Without it, they must apply under the UR category.

Important Links

Should you apply?

The SBI SCO Recruitment 2026 posts suit experienced candidates, and each post asks for a set number of years in one line of work. Head Sales needs the longest record, including large-team leadership. Central Operations Team (COT) Support fits candidates who already run daily wealth operations.

Competition for each post is likely to be tight, because every designation has only 1 or 2 posts and the interview alone decides merit. The job is a contract, not a permanent post. Renewal for another 4 years rests with the Bank.

Candidates from outside Mumbai must also accept posting anywhere in India. Those who meet the experience rules and want a wealth management job at a large bank can apply for SBI SCO Recruitment 2026 before 21 October 2026. Candidates short of the stated years should skip it, since the Bank cancels candidature whenever it finds a candidate ineligible. This is added context, not part of the official notification. Confirm with the hiring office.

FAQs

What is the last date for SBI SCO Recruitment 2026?

The last date is 21 October 2026. Online registration and fee payment opened on 30 September 2026. Candidates apply at recruitment.sbi.bank.in after reading the notice on sbi.bank.in.

What is the salary of the SBI Head Sales post in Wealth Management?

The annual CTC upper limit is ₹199.00 Lakh, with fixed pay of ₹147.00 Lakh. Performance Linked Pay of 0% to 35% of fixed pay applies on top. The Bank negotiates the final CTC with each shortlisted candidate.

How does SBI select candidates for the Specialist Cadre Officer posts?

Selection in SBI SCO Recruitment 2026 has shortlisting, an interview of 100 marks and CTC negotiation. The merit list uses interview marks only. Candidates with equal marks at the cut-off rank by age, older first.

Which SBI post suits a candidate from a banking technology background?

Project Development Manager (Technology) fits candidates with at least 4 years in banking technology and a listed degree. The post links business teams, bank IT teams and technology partners. This is added context, not part of the official notification. Confirm with the hiring office.

ABOUT THE AUTHOR

I’m Sandeep Khati, founder of India Job Alerts. I completed my B. Tech. in Computer Science from Jalpaiguri Government Engineering College (JGEC) in 2010, then worked as a Systems Engineer at TCS. I moved into digital publishing in 2011, starting with SearchDarjeeling.com and later working as a web developer and designer at Darjeeling Informatics.

I launched India Job Alerts in April 2025. It’s my most focused project yet, built to publish verified Government and PSU job notifications for candidates in West Bengal, Sikkim, and across India. Before any post goes live, I personally check it against the official notification. Know more

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