SBI Specialist Officer SO Recruitment 2024 - Apply for 1040 Vacancies

Author avatarSuresh
19 July, 2024
All India

State Bank of India (SBI) has released a notification for the recruitment of Specialist Officer (SO) posts on its official website. The online application process for these posts has started from 19th July 2024. Interested candidates can apply by visiting the official website. Detailed information about age limit, educational qualification, application fee, and selection process related to this recruitment is given below.

Highlights

Start Date
19 July, 2024
End Date
08 August, 2024
Payment Last Date
08 August, 2024
Exam Mode
Offline
Mininum Age
23 Years
Maximum Age
50 Years

Qualifications

  • Graduate
  • PGDM
  • PGDBM
  • B.E.
  • B.Tech
  • M.Tech
  • Chartered Financial Analyst (CFA)
  • MBA (Agri-Business )

Designation

  • Specialist Officers

Important Information for SBI Specialist Officer Recruitment

State Bank of India (SBI) has released the recruitment notification for Specialist Officer (SO) posts on its official website. A total of 1040 vacancies have been released under SBI SO Recruitment 2024. The online application process for this recruitment has started from 19th July 2024 and candidates can apply till 08th August 2024. The selection will be done on the basis of merit list, and no application fee will be charged from the candidates of SC/ST/OBC/PWD categories. Interested candidates can apply online by visiting the official website given below and should read the notification carefully before applying for the respective posts.

EventDates
Application Start19 July 2024
Last Date for Apply08 August 2024
Last Date Fee Payment08 August 2024
Paper I Exam DateOctober – November 2024
Admit CardNotified Soon

Age Limit for SBI Specialist Officer Recruitment 

State Bank of India (SBI) has kept the age limit of candidates applying for SBI Specialist Officer (SO) posts different according to the post, which is shown in the table below. Generally, the minimum age of the candidates should be 23 years and maximum age should be 50 years. Along with this, age relaxation will also be provided as per government rules.

Sl. No.Post NameAge as on 01/04/2024
1Central Research Team (Product Lead)30-45
2Central Research Team (Support)25-35
3Project Development Manager (Tech)25-40
4Project Development Manager (Bus)30-40
5Relationship Manager23-35
6VP Wealth26-42
7Relationship Manager - Team Lead28-42
8Regional Head35-50
9Investment Specialist28-42
10Investment Officer28-40

Application Fee for SBI Specialist Officer Recruitment

State Bank of India (SBI) has fixed the application fee of Rs 750/- for SBI Specialist Officer (SO) posts for candidates of General, OBC, and EWS categories. At the same time, candidates of SC, ST, and PH categories will not be charged any fee for this recruitment. Candidates have to deposit their examination fee only through debit card, credit card, net banking, UPI, or other fee payment methods by 8 August 2024.

CategoryApplication Fee
General, OBC, EWSRs. 750/-
SC, STNo Fee
PHNo Fee
Payment ModeOnline Mode

Vacancy Details for SBI Specialist Officer Recruitment

State Bank of India (SBI) has announced a total of 1040 vacancies for SBI Specialist Officer (SO) posts. These vacancies will be recruited for various posts, and different number of vacancies have been set for each post, which is shown in the table below.

Post NameRegular PostBacklog PostTotal PostsSuggested Posting
Central Research Team (Product Lead)02002Mumbai
Central Research Team (Support)02002Mumbai
Project Development Manager (Technology)01001Mumbai
Project Development Manager (Business)02002Mumbai
Relationship Manager (RM)150123273Circles
VP Wealth60043643Circles
Relationship Manager – Team Lead211132Circles
Regional Head020406Circles
Investment Specialist30030Circles
Investment Officer232649Circles
Total Number of Post1040

Educational Qualification for SBI Specialist Officer Recruitment 

The State Bank of India (SBI) has specified the educational qualifications required for various Specialist Officer (SO) positions as follows:

  • Central Research Team (Product Lead) – An MBA/PGDM/PGDBM or CA/CFA from a government-recognized university or institution with a minimum of 5 years of experience.
  • Central Research Team (Support) – A graduate or post-graduate degree in Commerce, Finance, Economics, Management, Mathematics, or Statistics from a government-recognized university or institution with at least 3 years of experience.
  • Project Development Manager (Technology) – An MBA/MMS/PGDM/ME/M.Tech./BE/B.Tech./PGDBM from a government-recognized university or institution with 4 years of experience.
  • Project Development Manager (Business) – An MBA/PGDM/PGDBM from a government-recognized university or institution with at least 5 years of experience.
  • Relationship Manager – A graduate from a government-recognized university or institution with a minimum of 3 years of experience.
  • VP Wealth – A graduate from a government-recognized university or institution with at least 3 years of experience, or an MBA (Banking/Finance/Marketing) with 60% marks from a recognized university or institution is preferred.
  • Relationship Manager Team Lead – A graduate from a government-recognized university or institution with a minimum of 8 years of experience.
  • Regional Head – A graduate from a government-recognized university or institution with 12 years of experience.
  • Investment Specialist – An MBA/PGDM/PGDBM from a recognized college/university or CA/CFA with 6 years of experience. NISM 21A certification is preferred, or CA/CFP/NISM Investment Advisor/Research Analyst Certificate is also preferred.
  • Investment Officer – An MBA/PGDM/PGDBM from a recognized college/university or CA/CFA with at least 4 years of experience. NISM 21A certification or CA/CFP/NISM Investment Advisor/Research Analyst Certificate is preferred.

Salary for SBI Specialist Officer Recruitment 

State Bank of India (SBI) has recruited for SBI Specialist Officer (SO) posts in which candidates will be offered salary and contract period as per their posts.

Name of PostCTC Upper Range (Rs In Lakhs)Variable Pay/PLP**Contract Period
Central Research Team (Product Lead)61.00Eligible for Performance Linked Pay and Annual Increment based on performance rating (PLP 0% to 35%, Increment 0% to 25%)5 Years (First year will be Probation period)
Central Research Team (Support)20.50--
Project Development Manager (Technology)30.00--
Project Development Manager (Business)30.00--
Relationship Manager30.00-
VP Wealth45.00--
Relationship Manager - Team Lead52.00--
Regional Head66.50--
Investment Specialist44.00--
Investment Officer26.50--

Selection Process for SBI Specialist Officer Recruitment 

 The selection process will be based on shortlisting and interview-cum-CTC negotiations.

  • Shortlisting: Simply meeting the minimum qualifications and experience does not guarantee an invitation to the interview. The Bank’s shortlisting committee will set the criteria for shortlisting, and only the number of candidates decided by the Bank will be shortlisted for the interview. The Bank's decision on which candidates to call for the interview will be final. No correspondence regarding this will be entertained. Only the shortlisted candidates will be invited for the interview.
  • Interview-cum-CTC Negotiation: The interview will carry 100 marks. The qualifying marks for the interview will be determined by the Bank, and no correspondence in this regard will be entertained. CTC negotiations will be conducted individually with the candidates during the interview.
  • Merit List: The merit list for selection will be prepared in descending order based solely on the interview scores. If more than one candidate scores the cutoff marks (common marks at the cutoff point), those candidates will be ranked according to their age in descending order on the merit list.

Details of documents to be uploaded

  • Recent Photograph
  • Signature
  • Identity Proof (PDF)
  • Proof of Date of Birth (PDF)
  • Brief Resume (PDF)
  • Experience Certificate (PDF)
  • PwBD Certification (if applicable) (PDF)
  • No Objection Certificate (if applicable) (PDF)
  • Educational Certificate: Relevant Marksheets/Degree Certificate (PDF)
  • Form-16/Offer Letter/Latest Salary Slip from current employer (PDF)

How to apply

  1. First of all, the candidate should visit the official website https://sbi.co.in/.

  2. Then, go to the current vacancies page.

  3. There, the candidate will find all the latest vacancies advertised by the SBI Bank.

  4. Next, click on the online application link.

  5. Fill the application form and upload the required documents.

  6. After paying the application fee, submit the form.

  7. Finally, keep the printout of SBI SO Recruitment 2024 safe with you.

FAQ's

  1. How to apply for SBI Specialist Officer Recruitment 2024?

    Interested candidates can apply online by visiting the official website of SBI. The application process will start from 19th July 2024 and will continue till 08th August 2024. Candidates are advised to read the notification carefully before applying.

  2. What is the selection process for SBI Specialist Officer Recruitment?

    The selection process is based on shortlisting and interview-cum-CTC interaction. After shortlisting, the shortlisted candidates will be called for interview. The merit list will be prepared on the basis of marks obtained in the interview.

  3. What are the qualifications and experience for SBI Specialist Officer posts?

    The qualifications and experience vary as per the post. For example, Central Research Team (Product Lead) post requires MBA/PGDM/CA/CFA and minimum 5 years of experience. Detailed qualification and experience information for all posts is given in the notification.

  4. What is the age limit for SBI Specialist Officer Recruitment?

    The age limit varies according to the post. Generally the minimum age is 23 years and maximum age is 50 years. Age relaxation will also be given to reserved categories as per government rules.

  5. What is the pay scale for SBI Specialist Officer posts?

    The pay scale varies according to the post. For example, the maximum CTC for Central Research Team (Product Lead) post is Rs 61 lakh per annum. Detailed pay scale information for all posts is given in the notification.

  6. What is the exam date for SBI Specialist Officer Recruitment?

    The Paper I exam for SBI Specialist Officer Recruitment 2024 will be conducted in October – November 2024. The admit card release date will be notified soon.