CORRIGENDUM ISSUED – 01.01.2026
Important Updates: Application deadline EXTENDED to 10.01.2026 | Total vacancies INCREASED from 996 to 1,146 posts (+150 posts) | PwBD vacancies revised
SBI Wealth Management Specialist Cadre Recruitment 2025 – 1,146 Posts [UPDATED]
State Bank of India invites online applications for engagement of Specialist Cadre Officers on Contract Basis for Wealth Management positions across 17 Circles. SBI recognized as World’s Best Consumer Bank-2025 and Best Bank of India-2025 by Global Finance.
Important Dates
- 🗓️ Online Application Start: 02.12.2025
-
📅
Online Application End:
23.12.202510.01.2026 (EXTENDED) - 💳 Payment of Fees: 02.12.2025 to 10.01.2026
- 🎤 Interview: Will be notified by email
Eligibility criteria date: 01.05.2025. Visit: https://sbi.bank.in/web/careers/current-openings for updates. Corrigendum issued on 01.01.2026 by General Manager (RP & PM).
Vacancy Details (Total: 1,146 Posts) [REVISED]
Post-wise Vacancy Distribution (Revised as per Corrigendum)
| S.No | Post Name | SC | ST | OBC | EWS | UR | Total | PwBD |
|---|---|---|---|---|---|---|---|---|
| 1 | VP Wealth SRM | 104 | 50 | 156 | 54 | 218 | 582 ↑ | 22 |
| (Regular) | 89 | 40 | 139 | 54 | 218 | 540 | – | |
| (Backlog) | 15 | 10 | 17 | – | – | 42 | – | |
| 2 | AVP Wealth RM | 38 | 21 | 60 | 23 | 95 | 237 ↑ | 10 |
| (Regular) | 38 | 17 | 60 | 23 | 95 | 233 | – | |
| (Backlog) | – | 4 | – | – | – | 4 | – | |
| 3 | Customer Relationship Executive | 54 | 24 | 84 | 32 | 133 | 327 ↑ | 14 |
| (Regular) | 54 | 24 | 84 | 32 | 133 | 327 | – | |
| Grand Total (Revised) | 196 | 95 | 300 | 109 | 446 | 1,146 | 46 | |
↑ Vacancies increased: VP Wealth SRM (+76), AVP Wealth RM (+31), Customer Relationship Executive (+43)
Vacancy Comparison: Previous vs Revised
| Post Name | Previous Total | Revised Total | Increase | PwBD (Previous) | PwBD (Revised) |
|---|---|---|---|---|---|
| VP Wealth SRM | 506 | 582 | +76 | 19 (VI-5, HI-4, LD-5, DE-5) | 22 (VI-5, HI-5, LD-6, DE-6) |
| AVP Wealth RM | 206 | 237 | +31 | 9 (VI-2, HI-2, LD-3, DE-2) | 10 (VI-2, HI-2, LD-3, DE-3) |
| Customer Relationship Executive | 284 | 327 | +43 | 11 (VI-3, HI-3, LD-3, DE-2) | 14 (VI-3, HI-4, LD-4, DE-3) |
| Total | 996 | 1,146 | +150 | 39 | 46 |
Circle-wise Vacancy Distribution (Top 5 Circles)
| Circle Name | VP Wealth SRM | AVP Wealth RM | Customer Relationship Executive |
|---|---|---|---|
| Thiruvananthapuram | 66 | 11 | 35 |
| Mumbai Metro | 57 | 13 | 25 |
| Bengaluru | 53 | 22 | 29 |
| Kolkata | 43 | 9 | 24 |
| Maharashtra | 38 | 8 | 7 |
Total 17 Circles: Gandhinagar, Amaravati, Bengaluru, Bhopal, Bhubaneshwar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Maharashtra, Mumbai Metro, New Delhi, Patna, Thiruvananthapuram.
PwBD Revised: VI-10, HI-11, LD-13, DE-12 (Total 46). Vacancies provisional and subject to change. EWS vacancies tentative. Candidates can apply for more than one post.
Remuneration & Benefits
| Post Name | Fixed Pay | Allowances | Performance Linked Pay (PLP) | CTC Upper Range |
|---|---|---|---|---|
| VP Wealth SRM | ₹30.00 Lakhs | ₹1.16 Lakhs (Conveyance, Mobile, Medical) |
45% of Fixed Pay | ₹44.70 Lakhs |
| AVP Wealth RM | ₹20.00 Lakhs | ₹1.16 Lakhs (Conveyance, Mobile, Medical) |
45% of Fixed Pay | ₹30.20 Lakhs |
| Customer Relationship Executive | ₹4.00 Lakhs | ₹0.77 Lakhs (Conveyance, Mobile, Medical) |
35% of Fixed Pay | ₹6.20 Lakhs |
Contract Period & Other Benefits
- Contract Period: 5 Years (Renewable for another 4 years at Bank’s discretion)
- Annual Increment: 0 to 25% based on performance rating
- Variable Pay: Eligible for Performance Linked Pay (PLP) based on performance
- Leave Entitlement: 30 days per financial year (granted for genuine reasons)
- Notice Period: 2 months from either side or payment/surrender of 2 months compensation
- CTC: Negotiable based on experience, current emoluments, and place of posting
Contract can be terminated without assigning reason by giving 2 months notice. Annual increment and PLP based on performance rating as per Bank’s policy.
Eligibility Criteria (as on 01.05.2025)
Age Limit (as on 01.05.2025)
| Post Name | Minimum Age | Maximum Age (UR) | Relaxation |
|---|---|---|---|
| VP Wealth SRM | 26 years | 42 years | SC/ST: +5 years, OBC: +3 years, PwBD: As per GOI |
| AVP Wealth RM | 23 years | 35 years | SC/ST: +5 years, OBC: +3 years, PwBD: As per GOI |
| Customer Relationship Executive | 20 years | 35 years | SC/ST: +5 years, OBC: +3 years, PwBD: As per GOI |
Educational Qualification & Experience (Post-wise)
1. VP Wealth SRM (582 Posts) [Increased from 506]
Mandatory: Graduation from Government recognized University/Institution
Preferred: MBA in Banking/Finance/Marketing with 60% marks. Certifications: NISM V-A, XXI-A, CFP/CFA
Essential Experience: 6 years in sales/marketing with leading Public/Private/Foreign Banks, Wealth Management Firms, or AMCs
Preferred Experience: Minimum 6 years as Relationship Manager or similar role in Wealth Management
2. AVP Wealth RM (237 Posts) [Increased from 206]
Mandatory: Graduates from Government recognized University/Institution
Preferred: Post-graduation in Finance/Marketing/Banking. Certifications: NISM V-A, XXI-A, CFP/CFA
Mandatory Experience: 3 years in sales/marketing with leading Public/Private/Foreign Banks, Wealth Management Firms, or AMCs. SBI Wealth CREs with 4 years experience eligible
Preferred Experience: Minimum 3 years as Relationship Manager or similar role in Wealth Management
3. Customer Relationship Executive (327 Posts) [Increased from 284]
Mandatory: Graduates from Government recognized University/Institution
Preferred: Experience in documentation requirements of financial products and good communication skills
Specific Skill Required: Valid driving licence for two-wheeler (Mandatory)
Teaching/Training experience will NOT be counted. Experience of less than 6 months in any organization not considered. Full-time post-qualification experience only counted.
Key Responsibility Areas (KRAs)
VP Wealth SRM
- Acquire UHN/HNI and Affluent Clients
- Manage Affluent/UHNI/HNI Clients portfolio
- Cross-sell Investment, Insurance products and other Asset Classes
- Increase Total Relationship Value (TRV), AUM, Investment AUM
- Grow CASA/Investment AUM of portfolio
- Financial Needs Analysis and Risk Profiling
- Periodic Portfolio reviews for all Clients
- Cross-sell mortgages, credit cards, PMS, SIP
- Ensure AMFI, IRDA, NISM certifications and 100% documentation
- Conduct branch Insurance/Investment seminars
AVP Wealth RM
- Acquire HNI and Affluent Clients
- Manage Affluent/HNI Clients of the branch
- Sell Investment and Insurance products
- Increase TRV and AUM of Clients
- Grow CASA of portfolio
- Sell mortgages, credit cards and drive channel migration
- Financial Needs Analysis and Risk Profiling
- Periodic Portfolio reviews
- Sell Investments, Life Insurance, General Insurance, SIPs
- Ensure AMFI, IRDA, NISM certifications
- 100% documentation compliance
Customer Relationship Executive
- Provide on-ground support to Relationship Managers
- Collect documents from Clients
- Send documents to relevant departments
- Assist in collecting and delivering documents from/to Wealth Clients
- Assist Service Managers in onboarding documentation
- Collection and delivery of documents in different Bank departments
- Door-step Banking to Clients
- Any other matter assigned by Bank
Selection Process
Selection through shortlisting followed by one or more rounds of Personal/Telephonic/Video Interview and CTC negotiations.
1. Shortlisting
- Shortlisting Committee to decide parameters
- Adequate number of candidates shortlisted
- Mere minimum qualification doesn’t guarantee call
- Bank’s decision final, no correspondence
2. Interview
- Interview carries 100 marks
- Qualifying marks decided by Bank
- Personal/Telephonic/Video mode
- Call letter sent by email only
- Document verification at interview
3. Merit List
- Based on interview scores only
- Descending order merit list
- Tie resolved by age (descending order)
- CTC negotiation separately
- Medical fitness required
Important Selection Instructions
- Call letter/intimation sent by email or uploaded on website (No hard copy)
- Outstation candidates reimbursed shortest route travel fare OR actual cost (whichever lower)
- No TA/DA for local conveyance/taxi/cab/personal vehicle
- Candidate not satisfying eligibility not allowed in interview
- NOC from employer required for Govt/PSU/SBI Group employees at interview
- Proper discharge certificate required from employer at time of joining
- Criminal record verification may be conducted by Bank
Application Fee & How to Apply
Application Fee & Intimation Charges
- UR/EWS/OBC: ₹750/- (Seven Hundred Fifty only)
- SC/ST/PwBD: NIL (No Fee)
Payment through Payment Gateway (Debit Card/Credit Card/Internet Banking/Net Banking). Transaction charges borne by candidate. Fee once paid non-refundable.
How to Apply
- Visit SBI website: https://sbi.bank.in/web/careers/current-openings
- Scroll down and click on respective advertisement
- Download Advertisement No. CRPD/SCO/2025-26/17
- Read detailed advertisement and corrigendum carefully before applying
- Click on “Apply Online” link available on website
- Register with valid email ID (keep active till result declaration)
- Scan and upload recent photograph and signature as per specifications
- Upload all relevant documents (Resume, ID proof, Age proof, Caste certificate, PwBD certificate, Educational certificates, Experience certificates, Biodata, etc.)
- Fill application form completely and accurately
- Indicate three different Circles for three posts while applying
- Pay application fee online through payment gateway
- Submit application before 10.01.2026 (EXTENDED DEADLINE)
- Take printout of system-generated application form and e-receipt
- No editing allowed after submission (can save and edit 3 times before final submission)
Documents to Upload (Self-Attested)
- Recent Photograph (20-50 KB, 200×230 pixels, JPG/JPEG format)
- Signature (10-20 KB, 140×60 pixels, JPG/JPEG format – Not in CAPITALS)
- Brief Resume (PDF, max 500 KB)
- ID Proof – PAN Card (PDF, max 500 KB)
- Educational Certificates & Mark-sheets (PDF, max 500 KB)
- Experience Certificates (PDF, max 500 KB)
- Form-16/Offer Letter/Latest Salary slip (PDF, max 500 KB)
- PwBD Certification if applicable (PDF, max 500 KB)
- Caste Certificate (SC/ST/OBC-NCL) (PDF, max 500 KB)
- EWS Certificate (if applicable, issued after 01.04.2025)
- No Objection Certificate if applicable (PDF, max 500 KB)
- Bio-data and CTC Format (as per prescribed format)
OBC certificate issued during 01.04.2025 to interview date with Non-Creamy Layer clause. All documents in PDF except Photo/Signature (JPG/JPEG). Page size A4, not exceeding 500 KB.
Important Instructions
- Apply online well before 10.01.2026 (Extended Deadline) – don’t wait till last date
- Process complete only when fee deposited with Bank through online mode
- Candidates can apply for more than one post if fulfilling all eligibility criteria
- In case of multiple applications, only last valid completed application retained
- Indicate three different Circles for three posts (no repetition of Circle allowed)
- No request for change of Circle preference entertained at any stage
- Candidates not getting choice circles may be considered for other Circles
- Shortlisting provisional without verification of original documents
- Document verification at interview stage with originals
- Candidates furnishing false information liable for debarment and legal action
- Bank reserves right to cancel recruitment entirely or for any post at any stage
- All disputes subject to jurisdiction of Mumbai Courts only
- All other terms and conditions mentioned in Advertisement No. CRPD/SCO/2025-26/17 dated 02.12.2025 remain unchanged
Official Website: https://sbi.bank.in/web/careers/current-openings | Email: crpd@sbi.co.in | For queries: Use “Contact Us – Post Your Query” link on website. Advertisement No. CRPD/SCO/2025-26/17 | Corrigendum Date: 01.01.2026.
Special Provisions & Debarment Clause
Debarment Policy
- Non-Joiners: Candidates who received offer letters in previous WM/WBPM recruitment but didn’t join shall be debarred for 2 years from non-joining date
- Resigned Candidates: Candidates who previously engaged on contract for these posts and resigned shall be debarred for 2 years from resignation date
- Caution Notice Issued: Candidates with caution notice issued after resignation barred from all future recruitments permanently
- Debarment applicable to all current and future recruitment processes
Transfer Policy
- Bank reserves right to transfer OECs to any SBI office in India
- May be deputed to SBI associates/subsidiaries or other organizations
- Transfer based on exigencies of service
- Request for posting/transfer to specific place/office may not be entertained
- Posting within applied/opted Circle centres