State Bank of India has kickstarted the hiring season for the year 2020. The official notification of SBI Specialist Officers Recruitment 2020 for jobs in Wealth Management division is released.
Specialist Officers are primarily appointed in specialized departments of public sector banks to handle businesses related to that specialization.
This SBI specialist officer recruitment 2020 is exclusively for State bank of India & is NOT related to IBPS specialist officers recruitment held for other public sector banks in India.
Dates to Note:
Opening date of online applications: June 23, 2020
Closing date of online applications: July 13, 2020
Position – Vacancies – Salary:
A total of 64 jobs are to be filled by SBI for its wealth management business unit, on contract basis.
Head (Product, Investment & Research) – 1 post – CTC of ₹. 80.00 lacs to ₹.99.62 lacs / year
Central Research Team (Portfolio Analysis & Data Analytics) – 1 – CTC of ₹.25.00 lacs to ₹.50.00 lacs /yr (CTC)
Central Research Team (Support) – 1 post – ₹.7.00 lacs to ₹.10.00 lacs / year (CTC)
Investment Officer – 9 posts – ₹.12.00 lacs to ₹.18.00 lacs / yr (CTC)
Project Development Manager (Technology) – 1 – ₹.12.00 lacs to ₹.18.00 lacs (CTC)
Relationship Managers – 48 – ₹.6.00 lacs to ₹.15.00 lacs (CTC)
Relationship Manager (Team Lead) – 3 posts – ₹.10.00 lacs to ₹.28.00 lacs (CTC)
Job location: Postings could be in any one of the following centres: Agra, Ahmedabad, Amritsar, Aurangabad, Bareilly, Bengaluru,Bhopal, Bhubaneswar, Bilaspur, Chandigarh, Chennai, Coimbatore, Dehradun, Delhi, Gorakhpur, Guwahati, Gwalior, Hyderabad, Indore, Jabalpur, Jaipur, Jalandhar, Jamshedpur, Jodhpur, Kannur, Kanpur, Kochi, Kolkata, Kottayam, Kozhikode,Lucknow, Ludhiana, Madgaon, Madurai, Mangaluru, Manipal, Meerut, Mumbai, Mysuru, Nagpur, Nasik, Panaji, Patiala, Patna, Pondicherry, Prayagraj, Pune, Raipur, Rajkot, Ranchi, Rourkela, Shillong, Siliguri, Surat, Tiruchirappalli, Thiruvalla, Thiruvananthapuram, Thrissur, Udaipur, Vadodara, Varanasi, Vijayawada, Visakhapatnam, Warangal.
Contract period: The contract period for all the above mentioned posts is 5 years (including one year of probation).The contract is non-renewable.
Eligibility Conditions:
All those who wish to apply for these specialist officer jobs in SBI must fully satisfy the below eligibility criteria.
Post | Qualification (as on Mar 1, 2020) |
Relationship Managers | * 23 to 35 yrs of age * Should have completed degree * 3 years experience as a Relationship Manager in Wealth Management with leading Public /Private / Foreign Banks/ Broking/ Security firms. |
Investment Officer | * 28 to 40 yrs of age * Should have completed any degree. * NISM/CWM certification compulsory. * Must have atleast 5years of experience as an investment officer/part of product team in Wealth Management organisation and managing client portfolios. |
Relationship Manager (Team Lead) | * 28 to 40 yrs of age * Should have completed degree * Minimum 8 years of experience in relationship management in wealth management.Team Lead experience is preferred. |
# Age relaxations for OBC: +3 yrs; SC/ST: 5 yrs is common for all positions.
For detailed qualifications for other positions, job profile and key responsibilities, refer the official SBI SO recruitment notification given below.
Selection Process:
Candidates will be shortlisted based on the qualifications and experience. Those selected are then called for personal or telephonic interview.
Merit list for selection will be prepared in descending order on the basis of scores obtained in interview only.There is no written examination for these positions.
Registration Steps
The application fee of Rs.750 (GEN/OBC) should be paid online at the time of registering your application only through https://bank.sbi/careers or https://www.sbi.co.in/careers before July 13, 2020.There is no fee to be paid for SC/ST/PWD category candidates.
Candidates need to upload the following documents, along with the online application:
- Brief Resume (PDF)
- ID Proof (PDF)
- Proof of Date of Birth (PDF)
- Caste certificate (PDF)
- PWD certification (if applicable) (PDF)
- Educational Certificates: Relevant Mark-Sheets/ Degree Certificate (PDF)
- Experience certificates (PDF)
- Form-16/Offer Letter/Latest Salary slip from current employer(PDF)
- NOC (If applicable) (PDF)
- Recent Photograph
- Signature
Download Notification:
If you are interested to apply for SBI specialist officers recruitment 2020 – wealth management positions, then download the official notice from the bank website here (pdf file)
Online application – Click here to register