SBI Wealth Management Recruitment 2026 — 207 Posts, Apply by 5 October

By AssamJobDesk TeamPublished on Updated

State Bank of India has invited online applications for 207 Specialist Cadre Officer posts in its Wealth Management and Premier Banking business, on a contract basis, under advertisement number CRPD/SCO/2026-27/23. The posts run from AVP Wealth and Relationship Manager up to Regional Head and Zonal Head, and are spread across 17 SBI circles, including Guwahati. The online application window opened on 4 September 2026 and SBI has extended it to 5 October 2026 (it was due to close on 25 September). Below is the full detail of the posts, eligibility, pay, fee and how to apply, taken from SBI's own advertisement. It is filed with the other latest job openings on AssamJobDesk.

SBI Wealth Management Recruitment 2026 at a Glance

DetailParticulars
Advertisement numberCRPD/SCO/2026-27/23
Posts7 roles in the Wealth Management stream, Specialist Cadre
Total vacancies207
Nature of engagementContract — 5 years, renewable by 4 more at the Bank's discretion
Age reference date31 August 2026
Application feeRs 750 for General/EWS/OBC; nil for SC/ST/PwBD
Application window4 September 2026 to 5 October 2026 (extended from 25 September)
SelectionShortlisting, interview (100 marks) and CTC negotiation
Official websitesbi.bank.in

Vacancy Details

PostVacanciesAge (as on 31 Aug 2026)CTC upper range
Zonal Head (Retail)135 - 50Rs 97.00 lakh
Regional Head535 - 50Rs 66.40 lakh
Relationship Manager - Team Lead2428 - 42Rs 51.80 lakh
Investment Specialist928 - 42Rs 44.50 lakh
Investment Officer428 - 40Rs 27.10 lakh
VP Wealth (Senior Relationship Manager)9126 - 42Rs 44.70 lakh
AVP Wealth (Relationship Manager)7323 - 35Rs 30.20 lakh
Total207

The CTC upper range is the maximum cost to company, including fixed pay, performance-linked pay and perks. The actual CTC is negotiable and depends on the candidate's experience and current pay. The maximum age is for unreserved candidates; relaxation applies for OBC (3 years), SC/ST (5 years) and PwBD candidates as per Government of India rules.

Circle-wise Vacancies (five field roles)

The Relationship Manager, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth posts are allotted circle by circle. Candidates for these five must name three different circles as preferences in the application.

CircleRM - Team LeadInvestment SpecialistInvestment OfficerVP WealthAVP Wealth
Guwahati20000
Bengaluru2012820
New Delhi4201816
Kolkata110116
Thiruvananthapuram310713
Jaipur01078
Hyderabad11190
Patna20000
Lucknow20004
Bhopal11034
Chennai00062
Amaravati20000
Gandhinagar10120
Bhubaneshwar10100
Chandigarh10000
Maharashtra11000
Mumbai Metro01000
Total24949173

The Guwahati circle has 2 Relationship Manager - Team Lead posts. The Regional Head post lists Guwahati among its suggested places of posting. The Zonal Head (Retail) post is based in Kolkata.

Eligibility Criteria

Qualification and experience are reckoned as on 31 August 2026. All requirements are minimums.

PostQualificationMinimum experience
Zonal HeadGraduate15 years in wealth management / retail banking / AMC sales, of which 5 years leading a large RM team
Regional HeadGraduate12+ years in relationship management (preferably wealth), of which 5+ years leading a large RM team
Relationship Manager - Team LeadGraduate8 years in relationship management, preferably in wealth management
Investment SpecialistPG degree/diploma in finance, commerce, economics, banking or a related field, or CA/CFA6 years as an investment advisor / officer / product team member in a wealth firm or AMC
Investment OfficerPG degree/diploma in finance, commerce, economics, banking or a related field, or CA/CFA4 years as an investment advisor / officer / product team member in a wealth firm or AMC
VP WealthGraduate6 years in sales and marketing with a bank, wealth firm or AMC
AVP WealthGraduate3 years in sales and marketing with a bank, wealth firm or AMC (or 4 years as an SBI Wealth CRE)

An MBA in banking, finance or marketing, and certifications such as NISM V-A, NISM XXI-A, CFP or CFA, are preferred for most posts. Experience of less than six months in any one organisation is not counted, and teaching or training experience does not count at all.

Pay and Contract Terms

The engagement is a 5-year contract, renewable for up to 4 more years at the Bank's discretion. It can be ended by either side with 2 months' notice or pay in lieu. The officer gets 30 days of leave a year and is eligible for performance-linked pay of 0 to 45 per cent of fixed pay and an annual increment of 0 to 25 per cent, both tied to the performance rating. The fixed-pay component ranges from Rs 18 lakh a year for an Investment Officer to Rs 66 lakh for the Zonal Head.

Job Role

These are wealth management sales and advisory roles. The Relationship Manager posts (AVP Wealth, VP Wealth, RM - Team Lead) acquire and manage affluent and HNI clients, grow assets under management, and cross-sell investment and insurance products. The Investment Specialist and Investment Officer support the RMs with research, portfolio analysis and product advice. The Regional Head and Zonal Head lead the RM teams for a circle or zone and own its wealth business targets.

Application Fee

  • General, EWS and OBC candidates: Rs 750 (application fee and intimation charges)
  • SC, ST and PwBD candidates: nil

The fee is paid online during registration and is non-refundable.

Selection Process

Selection is by shortlisting, interview and CTC negotiation. The Bank's committee decides the shortlisting parameters. The interview carries 100 marks, and the merit list is drawn from interview scores alone. Shortlisted candidates then negotiate their CTC one by one in merit order. Where two candidates tie at the cut-off, the older candidate ranks higher.

How to Apply

  1. Go to sbi.bank.in/web/careers/current-openings and open advertisement CRPD/SCO/2026-27/23.
  2. Register online, note the registration number and password, and fill in the form. For the five circle-based posts, enter three different circle preferences — no change is allowed later.
  3. Upload a photograph and signature, your resume, ID proof, PAN, degree certificates, experience certificates, Form-16 or salary slip, the biodata and CTC format, and a No Objection Certificate if you work in the SBI Group. Documents must be PDF, A4, under 500 KB each.
  4. Pay the fee online. Registration is complete only when the fee is paid.
  5. Submit before 5 October 2026. No correction is allowed after final submission.

If a scan or photo of yours is over the size limit, bring it down with the compress PDF tool or the resize image tool before you upload. Note the debarment rule: candidates who were offered a WBPM post in an earlier SBI recruitment and did not join, or who joined on contract and later resigned, are barred for 2 years.

More bank and government vacancies are filed under Job.

Important Dates

Last Date to Apply
Online registration & fee payment starts
Online ApplicationClick Here to open Online Application
Official NotificationClick Here to open Official Notification
SBI Careers PageClick Here to open SBI Careers Page
SBI Official WebsiteClick Here to open SBI Official Website

FAQs

What is the last date to apply for SBI Wealth Management Recruitment 2026?

5 October 2026. SBI extended the closing date from 25 September, and online registration and fee payment both close on 5 October. Registration opened on 4 September 2026.

How many posts are there?

207 in all, across seven roles — 1 Zonal Head, 5 Regional Head, 24 Relationship Manager - Team Lead, 9 Investment Specialist, 4 Investment Officer, 91 VP Wealth and 73 AVP Wealth — under advertisement CRPD/SCO/2026-27/23.

Are there any posts in Assam?

The Guwahati circle has 2 Relationship Manager - Team Lead posts. Guwahati is also one of the suggested places of posting for the Regional Head post. Postings can be anywhere in India at the Bank's discretion.

What is the qualification needed?

A graduate degree for most posts. The Investment Specialist and Investment Officer posts need a postgraduate qualification in finance, commerce, economics or a related field, or CA/CFA. Experience requirements range from 3 years (AVP Wealth) to 15 years (Zonal Head), reckoned as on 31 August 2026.

Is this a permanent job?

No. It is a 5-year contract engagement, renewable for up to 4 more years at the Bank's discretion. Either side can end it with 2 months' notice.

What is the application fee?

Rs 750 for General, EWS and OBC candidates. There is no fee for SC, ST and PwBD candidates.

How is the selection made?

By shortlisting, an interview of 100 marks, and CTC negotiation. The merit list is prepared from interview scores only. There is no written examination.

Can I apply for more than one post?

Yes, if you meet the eligibility for each. Each post needs a separate application. For the five circle-based posts you must give three different circle preferences per application.