Latest:
Release of the Interview schedule
(i) SBI has released the interview schedule for the various posts.
(ii) Regisratiion Number wise schedule has been given.
(iii) To check the schedule of interview, go on link : Interview Schedule of SO on contract basis
(iv) Interview will go from 13/12/201 to 21/12/2021.
(v) Candidates who have been called for interview will carry the Bio-Data form. Candidate has to read it carefully and fill in properly and correctly. To down load the Bio- Data form, go on link: Bio-Data Form
SBI has advertised for recruitment of specialist cadre officers in Sbi on contract basis for the wealth management business unit.
1. SBI Recruitments: Specialist Cadre Officers (On contract) Particulars of the job:
| Reference of Notification | Advertisement No. CRPD/SCO-WEALTH/2021-22/17 |
| Mode of Apply | Online Applications |
| City of Job | # Anywhere in India |
| State of Job | # Across the country |
| Country of Job | # Across the country |
| Name of Department/ Organisation/ Company | STATE BANK OF INDIA ( Including Deputation in Subsidiary Banks) |
| Date of start of submission of Application | 28/09/2021 |
| Last date and time of submission of Application | 18/10/2021 |
| Download of admit card/ Interview Invitation | It will be notified later on. |
| Interview Schedule | It will be notified Later on. |
# For posts at serial Number (5) and (6) ,place of posting will be at Wealth Management Business Unit, Corporate Centre , Mumbai.
2 SBI Recruitments: Specialist Officers On Contract :Eligibility, Qualification, Experience of Job:
| Serial No. | Name Of Post | Minimum Essential Qualification | Experience for the post As on 01.08.2021 |
| 1 | Relationship Manager | Graduates from Government recognised University or Institution | Post-qualification experience of minimum 3 Years as a Relationship Manager in Wealth Management with leading Public/Private/ Foreign Banks/Broking/ Security firms. The candidate should have adequate experience in building and managing relationship with High-Net-worth Clients (having a minimum Total Relationship Value (TRV) of Rs 20.00 Lakh) |
| 2 | Relationship Manager (Team Lead) | Graduates from Government recognised University or Institution | 1.Post qualification experience of minimum 8 years in relationship management in wealth management with leading Public/Private/Foreign banks/Broking/ Security firms. 2.Experience as a Team Lead is preferred |
| 3. | Customer Relationship Executive | Graduates from Government recognised University or Institution | 1.Experience in documentation requirements of financial products and good communications skills would be desirable. Specific Skills Required: 1.SHOULD HAVE A VALID DRIVING LICENCE FOR TWO-WHEELER (Mandatory) |
| 4. | Investment Officer | Graduates / Post Graduates from Government recognised University or Institution. Mandatory: Certification by NISM/CWM Preferred: CA/CFP (As on 01/08/2021) | Minimum 5 years of post-qualification experience as an investment advisor/ counsellor/ part of the product team in a Wealth Management organisation. Preferred Experience: a) Good knowledge of investments and markets across asset classes. b) Experience in managing and guiding client portfolios. c) Good knowledge of asset allocation and rebalancing techniques. d) Superior presentation skills & other core competencies like leadership and team work. e) Experience in products of fixed income, equity & alternate markets. |
| 5. | Central Research Team (Product Lead) | MBA/PGDM from recognised College/University or CA/CFA Preferred: NISM Investment Advisor / Research Analyst Certificate/CFP( As on 01/08/2021) | Minimum 5 years post qualification experience in Equity Research/Products experience in Wealth Management / AMC (Mutual Funds) / Banks. Preferred Experience: a) Minimum 8 years’ experience in Equity/Fixed Income Research/MF Research Analytics. b) Excellent Knowledge on local and global economic trends c) Excellent Knowledge on local Primary/Secondary Equity Markets/Fixed Income and on PMS/AIF/MF/ Structured Products schemes in India. d) Experience in creating views and research-based publication on capital Market / sector trends. e) Proficiency in using Excel / Modeling techniques / Bloomberg / Reuters /Morning Star / CRISIL data bases. f) Flair for equity, understanding of all exchange traded products including bonds, INVIT, MLDs, REITs, Section 54 EC Bonds. |
| 6. | Central research Team (Support) | Graduate/Post Graduate in – Commerce/Finance/Economics/Management/Mathematics/ Statistics from Government recognized University or Institution. | Candidates should have post qualification experience of minimum 3 years work experience in financial services providing support to Research / Publications departments. Preferred Skills: a) Candidates should be proficient in Microsoft Excel, Power point, Word, Outlook. b) Candidates should have an inclination to undertake research by reading various reports or websites. c) Candidate should be able to support Research team by aggregating and providing support for analysing data through various research tools / software like BLOOMBERG, REUTERS, CRISIL, ICRA etc |
Note: (i) Candidate can apply for more than one post.
(ii) For Job profile & key responsibilities , refer notification.
3. SBI Recruitments: Specialist Officers On Contract Basis : Age Limit, Vacancy, Salary/ Compensation
| Sl No | Name of Post | Total Vacancies | Age as on 01/08/2021 | CTC Range | |
| Minimum | Max | Rs 6-15 Lakhs | |||
| 1 | Relationship Manager | 314 | 23 | 35 | Rs 10-28 Lakhs |
| 2 | Relationship Manager (Team Lead) | 20 | 28 | 40 | Rs 6-15 Lakhs |
| 3 | Customer Relationship Executive | 217 | 20 | 35 | Rs 2-3 Lakhs |
| 4 | Investment Officer | 12 | 28 | 40 | Rs 12-18 Lakhs |
| 5 | Central Research Team (Product Lead) | 2 | 30 | 45 | Rs 25-45 Lakhs |
| 6 | Central research Team (Support) | 2 | 25 | 35 | Rs 7-10 Lakhs |
Notes : (i) Reservation in various categories is as per Government policy.
(ii) Relaxation in upper age limit is as per rules and refer advertisement.
(iii) Annual CTC is negotiable & depend upon upon Experience & Current Emoluments of candidates in the present employment and place of posting.
(iv ELIGIBLE FOR PERFORMANCE LINKED PAY AND ANNUAL INCREMENT BASED ON THE PERFORMANCE RATING MEASURED AS PER BANK’S POLICY. PRESENT BANDWIDTH FOR PLP FOR POST NOS.1-4 IS 0% TO 45% AND FOR POST NOS. 5&6 IS 0%-35%. THE RANGE OF INCREMENT FOR ALL POSTS IS 0%-20%.
4.Eligibility Criteria:
The candidate must be a citizen of India.
5. SBI Recruitments: Specialist Officers On Contract Basis: Particular of fee:
| General/ OBC/EWS candidates | 750/- |
| SC/ST/PWD candidates | Nil |
Note : (i)Fee payment will have to be made online through payment gateway available thereat.The payment can be made by using Debit Card/ Credit Card/ Internet Banking etc.
(ii) Application Fee once paid will NOT be refunded on any account NOR can it be adjusted for any other examination or selection in future.
6. How to Apply:
Step 1: Go on link : https://bank.sbi/careers or https://www.sbi.co.in/careers.
Step 2: At right top , “click for New Registration’’.
Step 3: Fill in all the information/ data in each segment 1 to 6. For exam city, refer Advertisement.
Step 4 : Upload scanned copy of photo and signature. ( For details of scanned copy of photo and signature, refer advertisement).
Step 5 : Make payment of the application fees using internet banking/ debit/ credit card etc
Step 6: When the information/ application is saved, a provisional registration number and password is generated by the system and displayed on the screen. Candidates should note down the registration number and password. It will be used to open the application in future.
Step 7 : They can re-open the saved application using registration number and password and edit the particulars, if needed. This facility of editing the saved information will be available for three times only.
Step 8: Once the application is filled completely, candidates should submit the same and proceed for online payment of fee.
Step 9: After registering online, the candidates are advised to take a printout of the system generated online application forms.
8. SBI Recruitments: Specialist Officers On Contract Basis:Selection Process:
As per advertisement, following method will be followed for selection:
Selection is based on the short listing and interview.
- Shortlisting
- Interview
Note : Mere fulfing any qualification and experience will not grant any right in candidate for being called for interview.
(ii) The shortlisting committee constituted by the bank will decide & frame the shortlisting parameters, and based on that an adequate number of candidates as decided by the Bank will be shortlisted and called for the interview.
(iii) The decision of the bank for the call of the candidate would be final & binding and no correspondence on this account will be entertained
(iv) The final merit list will be prepared in descending order on the basis of score obtained in the interview. In case of tie i.e. more than one candidate scored the same cutoff marks. Such candidates would be ranked on the basis of their age in descending order in the selection panel.
(v) Hard copy of call letter/ Invitation of interview will not be sent by post. It will be sent through email / will be uploaded on the bank’s site.
10. SBI Recruitments: Specialist Officers On Contract Basis: Important Links:
| Official Notification | Link |
| Official State Bank Of India site | https://www.sbi.co.in/careers |
| Notification | https://sbi.co.in/documents/77530/11154687/270921-Ad+No.-17.pdf/bb04f10b-9347-4576-69ec-c4eba6cc7ab9?t=1632745625542 |
