SBI SO Recruitment 2019: State bank of India has released official notification for the recruitment of Specialist Officer for various posts. Total 579 vacancies are released in different categories. Selection will be made on the basis of initial short-listing and interview. Interested candidate can check the official notification to know their eligibility for the post and recruitment process. Last date for the online application is 12.06.2019.
579 vacancies for the recruitment of Specialist Cadre Officers in SBI on contract basis for wealth management business unit.
Advertisement no: CRPD/ SCO-WEALTH / 2019-20 / 06
| Total Vacancy | 579 |
| Start Date of Online Registration | 23.05.2019 |
| Last Date of Online Registration | 12.06.2019 |
| Last date for printing Application | 19.06.2019 |
| Mode of application | ONLINE ONLY |
| Application Fess | SC/ST/PWD – 125 Rs. GEN/OBC – 750 Rs. |
| Selection procedure |
Shortlisting,
One or more rounds of
Interview & CTC Negotitation |
SBI SO 2019: Vacancy in detail
| S.No | Post | Vacancy | Max Age | Min Age |
| 1 | Head (Product, Investment & Research) | 1 | 35 | 50 |
| 2 | Central Research Team (Fixed Income Research Analyst) | 1 | 30 | 45 |
| 3 | Relationship Manager | 486 | 23 | 35 |
| 4 | Relationship Manager (e-Wealth) | |||
| 5 | Relationship Manager (NRI) | |||
| 6 | Relationship Manager (Team Lead) | 20 | 28 | 40 |
| 7 | Customer Relationship Executive | 66 | 20 | 35 |
| 8 | Zonal Head Sales (Retail) (Eastern Zone) | 1 | 35 | 50 |
| 9 | Central Operation Team Support | 3 | 30 | 40 |
| 10 | Risk & Compliance Officer | 1 | 25 | 40 |
| Total Vacancy | 579 |
CONTRACT PERIOD : 5 YEARS (INCLUDING A PROBATION PERIOD OF ONE YEAR) FOR ALL THE POSTS.
Age Relaxation
| S.N | Category | Age Relaxation (Years) |
| 1 | SC, ST | 5 |
| 2 | OBC(Non Creamy Layer) | 3 |
| 3 | PWD | SC/ ST – 15, OBC – 13, Gen/EWS – 10 |
Important Link:
Official Website: Click here
Notification: SBI SO 2019 notification
Apply Online: Closed
SBI SO 2019: Educational Qualifications & Experience
1. Head (Product, Investment & Research)
Education: Graduation/Post Graduation from Government recognised University/Institution
Experience: Minimum 12 years of relevant work experience in financial services, financial product development, investment advisory and private banking.
2. Central Research Team (Fixed Income Research Analyst)
Education: MBA/PGDM from recognized college/University.
Experience: Minimum 5 years’ experience in Fixed Income Research in Wealth Management/AMC (Mutual Funds)/Banks.
3. Relationship Manager (RM)
Education: Graduate from Government recognized University or Institution.
Experience: Minimum 3 years’ experience as a Relationship Manager in Wealth Management with leading Public/Private/Foreign Banks/Broking/Security Firms.
4. Relationship Manager (e-Wealth)
Education: Graduate from Government recognized University or Institution.
Experience: Minimum 3 years of experience as a Relationship Manager in Wealth Management with leading Public/Private/Foreign Banks/Broking/Security Firms, of which at least one year experience in managing relationship with HNI clients over telephone/video/digital channels. OR 3 years’ experience in sales/service of High Value financial products through digital medium (telephone/video or web).
5. Relationship Manager (NRI)
Education: Graduate from Government recognized University or Institution.
Experience: Minimum 3 years of experience 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 NRI Clients.
6. Relationship Manager – Team Lead
Education: Graduate from Government recognized University or Institution.
Experience: Minimum 8 years of experience in relationship management in wealth management. Experience as a Team Lead is preferred.
7. Customer Relationship Executive (CRE)
Education: Graduate from Government recognized University or Institution.
Experience: Experience in documentation requirements of financial products and good communications skills would be desirable. Specific Skill required: Should have a valid driving licence for two-wheeler.
8. Zonal Head Sales (Retail) (Eastern Zone)
Education: Graduate from Government recognized University or Institution.
Experience: Minimum 15 years of experience in managing sales in Wealth Management/Retail Banking/Investments in the financial services industry. Out of which minimum 5 years of experience in leading a large team of Relationship Managers and Team Lead in Wealth Management business.
9. Central Operations Team (COT) Support
Education: Graduate from Government recognized University or Institution.
Experience: Minimum 3 years of experience in Financial services, investment advisory, private banking or Wealth Management Solution Providers out of which minimum 2 years’ experience in Central Operations in Wealth Management Business Specific Skills required: Excellent knowledge of Equity Products, Structured Products, PMS and Mutual Funds.
10. Risk & Compliance Officer
Education: Graduate from Government recognized University or Institution. Professional Qualification in Risk/Compliance preferred.
Experience: Minimum 5 years of experience in Wealth Management business, out of which minimum 3 years’ experience in Risk & Compliance in Wealth Management.
SBI SO 2019: Selection Procedure
Selection will be based on the: Shortlisting, One or more rounds of Personal/Tele phone/ Video Interview & CTC Negotiation.
SBI SO 2019: Remuneration
| S.N | Post | CTC |
| 1 | Head (Product, Investment & Research) | Rs. 80 lacs to Rs..99.62 lacs |
| 2 | Central Research Team (Fixed Income Research Analyst) | Rs. 25 lacs to Rs..45 lacs |
| 3 | Relationship Manager | Rs. 6 lacs to Rs..15 lacs |
| 4 | Relationship Manager (e-Wealth) | |
| 5 | Relationship Manager (NRI) | |
| 6 | Relationship Manager (Team Lead) | Rs. 10 lacs to Rs.28 lacs |
| 7 | Customer Relationship Executive | Rs. 2 lacs to Rs. 3 lacs |
| 8 | Zonal Head Sales (Retail) (Eastern Zone) | Rs. 25 lacs to Rs. 45 lacs |
| 9 | Central Operation Team Support | Rs. 10 lacs to Rs. 15 lacs |
| 10 | Risk & Compliance Officer | Rs. 22 lacs to Rs. 27 lacs |
Note: Annual CTC will depend upon Experience & Emoluments of candidates in the present employment and place of posting
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