SBI Wealth Management Recruitment 2025 Apply Online Now

Updated On: December 2, 2025

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The State Bank of India (SBI), India’s largest public sector bank, has released the official notification for the Specialist Cadre Officers (SCO) under its Wealth Management Department for the year 2025-26. This recruitment is on a contractual basis, aimed at hiring highly qualified and experienced professionals to strengthen SBI’s premier wealth management services across India.

Vacancy Details – Post-wise List (Without Table & Paragraphs):

Head (Product, Investment & Research) – 1 Post – Location: Mumbai
Zonal Head (Retail) – 4 Posts – Locations: Mumbai, Bangalore, Kolkata, New Delhi
Regional Head – 7 Posts – Locations: New Delhi, Patna, Bhopal, Guwahati
Relationship Manager – Team Lead – 19 Posts – Across various SBI Circles
Investment Specialist (IS) – 22 Posts – Across various SBI Circles
Investment Officer (IO) – 46 Posts – Across various SBI Circles
Project Development Manager (Business) – 2 Posts – Location: Mumbai
Central Research Team (Support) – 2 Posts – Location: Mumbai
Total Vacancies: 103 Specialist Officer Posts on Contract Basis.

Age Limit Details SBI Wealth Management 2025:

Head (Product, Investment & Research): Candidates applying for the post of Head (Product, Investment & Research) should be between 35 to 50 years of age as of 01.05.2025. This is a senior leadership position requiring vast experience and maturity in wealth management strategy and product innovation. Age relaxation is applicable to reserved categories as per Government of India norms. The role demands long-term vision and strategic decision-making skills aligned with SBI’s wealth management goals. Applicants above the maximum age limit will not be considered for this post under any circumstances. SBI Wealth

Zonal Head (Retail): The minimum age required for the Zonal Head (Retail) post is 35 years, and the maximum is 50 years. This position requires professionals with significant leadership experience in managing large wealth portfolios and retail operations. Candidates must demonstrate stability and depth of understanding of customer relationship management. Relaxation in the upper age limit applies as per government rules for SC, ST, OBC, and PwBD candidates. Applicants must ensure their age falls within the prescribed range as of the eligibility date.

Regional Head: For the Regional Head post, the minimum age limit is 35 years and the maximum is 50 years as on 01.05.2025. This role demands candidates who can handle multiple branch-level operations and ensure business growth. Candidates should have maturity and leadership skills to manage relationship managers and investment officers. Age relaxation benefits are available as per the official SBI guidelines and government norms. Any candidate exceeding the upper age limit will be automatically disqualified from the recruitment process.

Relationship Manager Team Lead: The required age limit for the Relationship Manager – Team Lead post is 28 to 42 years. This position involves managing a team of relationship managers to drive sales and customer engagement. Candidates are expected to have dynamic leadership and sales management capabilities. Relaxations in age are provided for reserved categories as per the central government’s guidelines. Applicants should calculate their age correctly to avoid disqualification during document verification.

Investment Specialist (IS): Candidates must be between 28 to 42 years of age as on 01.05.2025 for the Investment Specialist post. The job demands professional expertise in investment advisory, mutual funds, and structured products. Experience in portfolio management and wealth creation is a must for this role. Reserved category candidates will get relaxation in the upper age limit as per the rules. The age criteria ensure candidates are both experienced and actively engaged in the financial sector.

Investment Officer (IO): For Investment Officer positions, the minimum age limit is 28 years, while the maximum is 40 years. This role focuses on financial advisory, client portfolio analysis, and investment implementation. The post requires energetic, knowledgeable professionals ready to work in a dynamic wealth management environment. Age relaxation applies to SC/ST/OBC/PwBD categories in accordance with government regulations. Candidates must ensure their date of birth falls within the given range as of May 1, 2025.

Project Development Manager (Business): The age limit for Project Development Manager (Business) is set between 30 and 40 years. This role involves strategic planning, partnership development, and business process management. Applicants must have adequate exposure to the banking or wealth management industry. Age relaxation benefits for reserved categories are available as per government instructions. The post is designed for professionals who can contribute to SBI’s business expansion initiatives.

Central Research Team (Support): Candidates applying for Central Research Team (Support) must be aged between 25 and 35 years. This is a research-based role requiring analytical and data interpretation skills. The position is suitable for young, research-oriented professionals with a finance background. Relaxation in the upper age limit applies to candidates belonging to reserved categories. The age criteria ensure inclusion of skilled and tech-savvy candidates in the wealth research division.

General Age Relaxation Guidelines: SBI provides age relaxations for SC/ST (5 years), OBC (3 years), and PwBD (10–15 years) as per Government of India norms. Candidates claiming age relaxation must produce valid certificates issued by competent authorities. EWS candidates do not receive age relaxation but can apply under the UR category if eligible. These relaxations are applicable only for candidates who fulfill all other eligibility criteria. Failing to produce proof of category during verification will cancel the benefit of relaxation.

Important Age Calculation Rules: The age of the candidate will be calculated based on their date of birth as recorded on 01.05.2025. Even a single day beyond the maximum age will make a candidate ineligible for that post. SBI strictly adheres to the eligibility date for age verification during the recruitment process. Applicants are advised to verify their age using official documents like Matriculation or Birth Certificate. Any discrepancy or false declaration of age may lead to cancellation of candidature or legal action.

Educational Qualification Details:

Head (Product, Investment & Research): Mandatory Qualification: Graduation or Post-Graduation from a Government-recognized University or Reputed Institution. Preferred Qualification: CA, CFP, CFA, or NISM Investment Advisor / NISM 21-A / Research Analyst Certificate. This post requires in-depth knowledge of financial product design, research analysis, and investment advisory principles.

Zonal Head (Retail): Mandatory Qualification: Graduate from a recognized University or Institution. Preferred Qualification: MBA in Banking, Finance, or Marketing (minimum 60%) or professional certifications such as CFP, CFA, NISM V-A, or NISM Investment Advisor (21-A). Candidates must possess a strong academic background in finance and team leadership experience in wealth management or retail banking.

Regional Head: Mandatory Qualification: Graduate from a Government-recognized University or Institution. Preferred Qualification: MBA (Banking/Finance/Marketing) with 60% or certifications such as CFP, CFA, or NISM (V-A/21-A). This position suits candidates with advanced academic and technical knowledge in wealth management and investment advisory domains.

Relationship Manager Team Lead: Mandatory Qualification: Graduate from a recognized University or Institution. Preferred Qualification: MBA (Finance/Marketing/Banking) with 60% or professional credentials such as CFP, CFA, or NISM (Investment Advisor / 21-A). This post demands candidates with a blend of academic excellence and interpersonal skills to lead client relationship teams effectively.

Investment Specialist (IS): Mandatory Qualification: Postgraduate Degree or Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance, or Actuarial Science from a recognized University / Institution OR a professional qualification such as CA / CFA. Preferred Qualification: CA, CFP, CFA, NISM Investment Advisor / Research Analyst Certificate / NISM 21-A Certification. Candidates should have excellent theoretical and practical knowledge of investments, financial markets, and wealth products.

Investment Officer (IO): Mandatory Qualification: Postgraduate Degree or Diploma in Finance, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance, or Actuarial Science from a recognized University / Institution OR CA / CFA. Preferred Qualification: CA, CFP, CFA, NISM Investment Advisor / Research Analyst / NISM 21-A Certificate. This post is ideal for candidates with a finance background and strong command of market analytics, mutual funds, and portfolio structuring.

Project Development Manager (Business): Mandatory Qualification: MBA or PGDM from a recognized University or Institution. Candidates must have a strong academic foundation in business management, process management, and strategic planning. Additional certifications in financial technology, operations, or analytics will be advantageous for this role.

Central Research Team (Support): Mandatory Qualification: Graduate in Commerce, Finance, Economics, Management, Mathematics, or Statistics from a Government-recognized University or Institution. Preferred Qualification: Postgraduate in the same fields mentioned above from a recognized University. Candidates must also possess excellent computer proficiency, especially in MS Excel, PowerPoint, Word, and analytical tools like Bloomberg, Reuters, or CRISIL.

General Note on Educational Qualifications: All qualifications must be obtained from universities or institutions recognized by the Government of India or UGC/AICTE-approved bodies. Candidates awaiting final semester results or pursuing part-time/distance learning courses will not be eligible unless the degree is recognized and completed before the eligibility date. Teaching or training experience will not count towards eligibility. Candidates are advised to upload all educational certificates and mark sheets during the online application process.

Important Guidelines on Document Verification: At the time of the interview, candidates must produce original mark sheets, degree certificates, and professional course credentials for verification. The experience certificates must clearly mention the field of work relevant to the post applied for. Failure to provide valid proof of qualification at the interview stage will result in disqualification. Any discrepancy between the details in the online application and the actual documents will lead to immediate rejection. Candidates should ensure all documents are scanned clearly in PDF format before uploading, as per SBI’s specifications.

Important Dates:

Event	Date
Release of Official Notification	27th October 2025
Starting Date of Online Registration	27th October 2025
Last Date for Online Registration	17th November 2025
Last Date for Payment of Application Fee	17th November 2025
Last Date for Uploading Documents	17th November 2025
Shortlisting of Candidates	To be notified later on SBI website
Interview & CTC Negotiation	To be announced (Tentative – December 2025)
Final Merit List Declaration	To be notified on SBI official website

Application Fee Details:

Application Fee Overview: For SBI Wealth Management Recruitment 2025, the application fee is mandatory for all candidates except those belonging to reserved categories. The fee must be paid online through the integrated payment gateway at the time of submitting the application form. Candidates are advised to double-check all details before making payment since the fee once paid is non-refundable and cannot be adjusted against any future SBI examinations or recruitments.

Fee Structure for General Category: Candidates from the General (UR) category are required to pay an application fee of ₹750/- (Rupees Seven Hundred Fifty only). This fee includes both the application fee and intimation charges. Payment can be made using debit cards, credit cards, internet banking, or UPI methods. The transaction must be completed successfully within the prescribed dates to validate the registration form.

Fee for OBC and EWS Categories: Applicants belonging to Other Backward Classes (OBC) and Economically Weaker Section (EWS) categories are also required to pay ₹750/- as a non-refundable application fee. These categories do not get any exemption in fee payment. The payment gateway will generate an e-receipt and application confirmation after successful payment, which must be printed and preserved for future reference.

Fee Exemption for SC/ST Candidates: Candidates belonging to the Scheduled Caste (SC) and Scheduled Tribe (ST) categories are completely exempted from paying the application fee. They are not required to pay any processing or intimation charges. However, these candidates must still complete the online application process and upload all required documents. Their registration will be considered valid only after successful submission. SBI Wealth

Fee Exemption for PwBD Candidates: Applicants falling under the Persons with Benchmark Disabilities (PwBD) category are also exempted from the application fee. This exemption applies to all sub-categories of disabilities as defined under the Rights of Persons with Disabilities Act, 2016. Candidates claiming PwBD status must upload a valid disability certificate issued by a competent authority while filling out the application form.

Online Payment Process: The application fee should be paid only through online mode using the SBI’s payment gateway. Accepted modes include Debit Card, Credit Card, Internet Banking, or UPI. Once the transaction is completed, candidates must download the system-generated e-receipt and application form with the date of submission clearly mentioned. No other mode such as cash, demand draft, or cheque will be accepted by SBI under any circumstances. SBI Wealth

Payment Confirmation and Receipt: After successful payment, candidates should ensure that they receive the confirmation message on the screen indicating that the transaction has been completed. An automatically generated e-receipt will appear, which needs to be downloaded and printed. If the payment fails, candidates must retry until the payment is confirmed. The e-receipt will serve as proof of payment and must be kept for future verification. SBI Wealth

Transaction Failure Handling: In case of payment failure, applicants are advised not to panic. The SBI portal provides the option to make fresh payment attempts until the fee is successfully credited. However, candidates should avoid multiple transactions within a short time to prevent double deduction. If the amount is debited but the receipt is not generated, the bank usually refunds the extra charge automatically within a few working days. SBI Wealth

Important Fee Payment Instructions: Before making payment, candidates should verify that their internet connection and browser are stable. They should not refresh or close the page during payment. It is recommended to use the latest version of browsers like Chrome, Edge, or Firefox for smooth payment. Candidates must also ensure that the name and other details entered in the application form match exactly with the payment details to avoid discrepancies. SBI Wealth

Non-Refund Policy and Final Note: The application fee paid to SBI is non-refundable and non-transferable under any circumstances. Even if a candidate fails to meet the eligibility criteria or withdraws the application, the fee will not be refunded. Therefore, applicants should carefully read the official notification and confirm their eligibility before applying. SBI holds no responsibility for transaction failures or payments made to the wrong account. Always retain the payment proof safely for reference during document verification.

Syllabus and Exam Details:

Selection Process Overview: The State Bank of India (SBI) will conduct the Wealth Management Recruitment 2025 through a well-defined selection process that includes Shortlisting, Personal Interview, and CTC Negotiation. There will be no written test for these specialist officer positions. The shortlisting will be based on the candidate’s qualifications, experience, and suitability for the role, followed by an interview to assess professional expertise and communication skills. SBI Wealth

Shortlisting Process: All applications received through the SBI Careers portal will be scrutinized by a Shortlisting Committee appointed by the bank. The committee will set eligibility benchmarks such as educational qualification, relevant work experience, job profile, and skills. Merely meeting the minimum qualifications does not guarantee an interview call. Candidates who rank higher in experience and skills will be shortlisted for the next stage of the selection process. SBI Wealth

Interview Stage Details: The Personal Interview will carry a weightage of 100 marks. The final merit list will be prepared purely based on marks scored in the interview. The interview may be conducted in person, telephonically, or via video conferencing, depending on the bank’s discretion. Candidates must be ready to discuss their domain knowledge, financial markets, leadership experience, and client relationship strategies during this round. SBI Wealth

Topics Covered in Interview Common Areas: During the interview, candidates can expect questions from Banking & Finance, Investment Products, Portfolio Management, Wealth Planning, and Financial Market Analysis.
Key focus areas include:

Mutual Funds, PMS, and AIFs
Equity & Debt Market Fundamentals
Risk Profiling and Asset Allocation
Regulatory Frameworks (SEBI, IRDAI, RBI)
Financial Planning for HNI and UHNI Clients

Role-Specific Interview Focus Head & Zonal Head Posts: For Head (Product, Investment & Research) and Zonal Head (Retail) roles, the interview will test advanced skills in business strategy, investment innovation, and team leadership. Questions will assess the candidate’s understanding of macroeconomic trends, product structuring, and experience managing large-scale financial portfolios. Candidates must also demonstrate expertise in launching and benchmarking wealth products. SBI Wealth

Role-Specific Interview Focus Regional Head & Relationship Manager: For Regional Head and Relationship Manager (Team Lead) roles, the interview will emphasize client relationship management, cross-selling, and wealth product distribution. Candidates may be asked about managing relationship manager teams, improving customer retention, and strategies for acquiring high-net-worth clients. Strong communication and business development skills are crucial for scoring high in this round.

Role-Specific Interview Focus Investment Specialist & Officer: For Investment Specialist (IS) and Investment Officer (IO) posts, the assessment will cover financial instruments, market analysis, risk management, and portfolio construction. Interviewers will test knowledge of fixed-income products, equity valuation, and mutual fund performance analysis. A good grasp of taxation, financial ratios, and research interpretation will give candidates a strong advantage.

Role-Specific Interview Focus Project Development & Research Team: For Project Development Manager (Business), questions will revolve around business process management, CRM implementation, and strategic partnerships. For Central Research Team (Support), the focus will be on data analysis, financial modeling, and report creation using analytical tools such as Bloomberg, Reuters, or CRISIL. Candidates must be proficient in MS Excel, PowerPoint, and market data interpretation.

Merit List and Final Selection: The final merit list will be prepared based on the interview scores only. If two or more candidates secure the same marks at the cut-off level, their ranking will be determined based on age in descending order (older candidates placed higher). Selected candidates will be offered positions after successful document verification, CTC negotiation, and medical fitness clearance.

Important Tips for Preparation: Stay updated with the latest financial market trends, RBI/SEBI updates, and wealth management regulations.

Revise concepts of financial planning, investment risk, and portfolio diversification.
Practice answering questions on client acquisition, retention strategies, and team leadership scenarios.
Be ready to discuss past achievements, KPIs, and success stories relevant to your professional experience.
Maintain confidence, clear communication, and professionalism — as SBI focuses on managerial aptitude and strategic thinking rather than rote knowledge.

Selection Process Details:

Overview of Selection Process: The selection process for SBI Wealth Management Recruitment 2025 is designed to identify the most qualified and experienced candidates for specialist officer posts. The recruitment will be carried out through shortlisting, followed by a personal interview and CTC negotiation. There will be no written test or online examination for these posts. The entire process emphasizes candidates’ professional expertise, leadership ability, and financial knowledge relevant to wealth management services.

Shortlisting of Candidates: After the online registration closes, all received applications will be examined by a Shortlisting Committee appointed by SBI. This committee will evaluate candidates based on educational qualification, experience, job role suitability, certifications, and overall profile. Only candidates who meet the bank’s internal benchmarks will be shortlisted for the interview round. The decision of the committee regarding shortlisting will be final and binding on all applicants. SBI Wealth

Criteria for Shortlisting: The shortlisting parameters will include several professional and academic factors such as total years of experience, the relevance of past roles, leadership positions held, and industry exposure. Preference will be given to candidates who have worked in banks, wealth management firms, AMCs, or financial institutions. Even if a candidate meets all eligibility requirements, SBI reserves the right to limit the number of candidates called for interviews based on the overall response.

Interview Process: Candidates shortlisted by the committee will be called for a personal interview, which will carry 100 marks. Interviews may be conducted in-person, via video conferencing, or telephonically, depending on the post and the bank’s discretion. During the interview, candidates will be assessed on their knowledge of financial products, portfolio management, business strategy, and customer relationship management skills.

CTC Negotiation Round: After the interview, shortlisted candidates will be invited for Cost to Company (CTC) negotiation. This round determines the final compensation structure based on the candidate’s experience, present salary, and performance in the interview. Negotiations will take into account the bank’s internal pay matrix, professional achievements, and post requirements. This stage ensures that both the candidate and the bank agree on suitable compensation terms. SBI Wealth

Weightage and Evaluation: The final evaluation will be based solely on interview marks. There will be no separate written examination or group discussion. The total marks obtained in the interview will determine the candidate’s ranking in the final merit list. The bank does not entertain any re-evaluation or correspondence regarding marks obtained in the interview. SBI Wealth

Preparation of Merit List: After all interviews and negotiations are complete, SBI will prepare a merit list in descending order of scores obtained by candidates in the interview. In the case of two or more candidates securing equal marks at the cut-off point, the older candidate (by age) will be ranked higher in the merit list. This final list will be published on the official SBI Careers Portal and will be treated as the conclusive result of the recruitment process. SBI Wealth

Document Verification Stage: Candidates who make it to the merit list will be called for document verification. They must produce all original documents, including educational certificates, experience proofs, ID proof, caste/category certificates (if applicable), and professional certifications such as CA, CFA, CFP, or NISM. Any mismatch between the uploaded details and original documents will lead to immediate disqualification.

Medical Fitness & Background Verification: Before the final appointment, selected candidates must undergo a medical fitness test as per SBI’s norms. The bank may also conduct independent background verification, including police record checks and reference verifications. Candidates found with any criminal record, false declaration, or misrepresentation of facts will be rejected immediately, even after selection.

Final Appointment Decision: The final selection and appointment of candidates will depend on the successful completion of all verification stages, negotiation agreement, and final approval by SBI management. The bank’s decision in all matters related to eligibility, shortlisting, interview, and selection will be final and binding. No correspondence or appeal will be entertained. Selected candidates will receive an official offer through email only, and no hard copies of the appointment letters will be sent by post.