SBI Specialist Cadre Officers 2026: 207 Wealth Management posts on contract, apply by 5 October

SBI has extended the last date for its Wealth Management and Premier Banking recruitment to 5 October 2026. Advertisement CRPD/SCO/2026-27/23, issued on 4 September, originally closed on 25 September. The recruitment has 207 contractual Specialist Cadre Officer vacancies across seven roles, from Investment Officer to Zonal Head.

The roles

Most posts sit in two groups: Vice President Wealth with 91 and Assistant Vice President Wealth with 73. Relationship Manager Team Lead has 24, Investment Specialist 9, Regional Head 5, Investment Officer 4 and Zonal Head 1. These are client-facing roles in SBI’s wealth business, managing high-value customers and investment advice, and the bank places them in metro and large-city branches. Posts are on contract for a fixed term, renewable on performance, and are not part of the regular officer cadre.

Eligibility

Each post has its own combination of degree and experience. Broadly, a graduate degree is the floor, several roles ask for an MBA or equivalent, and the experience requirement rises from about three years for Investment Officer to fifteen or more for Zonal Head. Certifications such as NISM are required or preferred for the investment roles. Age ranges from 23 to 50 years depending on the post. Only candidates with wealth management, private banking or premier banking experience in a bank, NBFC or wealth firm should expect to be shortlisted.

Pay

Compensation is a cost-to-company figure rather than a pay scale. The advertised upper ranges run from around Rs 27.10 lakh a year for entry-level investment roles to Rs 97 lakh for the Zonal Head, with variable pay linked to targets. The bank states the exact band for each post in the advertisement.

Selection

There is no written test. SBI shortlists applications on qualification and experience, then calls candidates for an interview. For some senior posts, the interaction is followed by CTC negotiation within the band. The bank may also hold a preliminary interaction if the number of applicants is high.

Applying

The fee is Rs 750 for general, EWS and OBC candidates and nil for SC, ST and PwBD. Applications go through SBI’s own recruitment portal linked from the careers page. Upload a detailed CV, experience certificates and a photo ID; candidates cannot edit the form after submission, and multiple applications for the same post are rejected.

FAQs

What is the new last date for SBI SCO Wealth Management 2026?

The extended last date is 5 October 2026; the earlier date was 25 September.

Are these permanent jobs?

No. These Specialist Cadre Officer positions are contractual and run for a fixed term.

Is there a written exam?

No. SBI will shortlist applicants and interview them.