SBI SCO Recruitment 2026 – Apply Online for 10 Risk Specialist, Chief Manager & Manager Posts

SBI SCO Recruitment 2026 – Apply Online for 10 Risk Specialist, Chief Manager & Manager Posts

SBI SCO Recruitment 2026

State Bank of India (SBI) has announced two Specialist Cadre Officer recruitment notifications for eligible and experienced professionals. Through these recruitment drives, SBI is inviting online applications for Risk Specialist, Chief Manager (Product & Research – Forex & Rupee Derivatives) and Manager (Product & Research Analyst) positions.

A total of 10 vacancies have been announced under the two advertisements. Candidates with the required educational qualifications and relevant professional experience can submit their applications through the official SBI Careers portal.

Interested candidates should carefully check the post-wise eligibility criteria, age limits, experience requirements, salary structure and application fee before applying.

Organization: State Bank of India (SBI)
Total Vacancies: 10 Posts
Application Mode: Online
Application Start Date: 02 November 2026
Last Date: 23 November 2026

SBI SCO Recruitment 2026 – Overview

OrganizationState Bank of India
Recruitment NameSBI Specialist Cadre Officer Recruitment 2026
Advertisement NumbersCRPD/SCO/2026-27/26 and CRPD/SCO/2026-27/27
Post NamesRisk Specialist, Chief Manager and Manager
Total Vacancies10
Job TypeRegular Basis
Job LocationMumbai (suggested posting for the advertised positions)
Application ModeOnline
Application Starting Date02 November 2026
Last Date23 November 2026
Selection ProcessShortlisting and Interview
Official WebsiteSBI Careers

Important Dates

EventDate
Notification Date02 November 2026
Online Application Starting Date02 November 2026
Last Date to Apply Online23 November 2026
Last Date for Fee Payment23 November 2026
Interview DateNot mentioned in the official notifications
Written Examination DateNot mentioned in the official notifications

Vacancy Details

SBI has announced 10 vacancies across three Specialist Cadre Officer positions under two separate advertisements.

Advertisement No.Post NameGradeVacancies
2026-27/27Risk SpecialistMMGS-II3
2026-27/26Chief Manager (Product & Research – Forex & Rupee Derivatives)SMGS-IV1
2026-27/26Manager (Product & Research Analyst)MMGS-III6
Total Vacancies10

Category-wise Vacancy Details

1. Risk Specialist – 3 Posts

CategoryVacancies
UR3
Total3

2. Chief Manager – 1 Post

CategoryVacancies
UR1
Total1

3. Manager – 6 Posts

CategoryRegularBacklogTotal
SC101
OBC112
UR303
Total516

Horizontal PwBD reservation is included within the relevant vacancies and does not increase the total number of posts.

Eligibility Criteria

The educational qualification, age limit and experience requirements are different for each post. Candidates should check the relevant section below.

1. Risk Specialist – MMGS-II

Age Limit:

Minimum Age25 Years
Maximum Age35 Years
Age Calculation Date31 October 2026

Educational Qualification:

  • Chartered Accountant (CA), or
  • Chartered Financial Analyst (CFA), or
  • MBA/PGDM or equivalent degree in Finance, Data Analytics or Business Analytics.

Preferred Certification: FRM awarded by GARP or Professional Risk Manager certification awarded by PRMIA.

Work Experience: Minimum 2 years of post-qualification experience in Expected Credit Loss (ECL)-related modelling in the Risk Management Department of a Bank, Financial Institution, Rating Agency, Brokerage Firm or Risk Advisory division of a Consulting Firm.

Required Skills: Analytical ability, communication skills, data handling and knowledge of Python, R, SPSS, SAS or similar applications. Working knowledge of MS Office is also required.

2. Chief Manager – SMGS-IV

Age Limit:

Minimum Age30 Years
Maximum Age40 Years
Age Calculation Date30 September 2026

Educational Qualification:

  • MBA, PGDBM, PGDM, PGDBA or equivalent degree from a recognized institution.
  • Finance specialization is preferred.

Preferred Qualifications: CFA, FRM, CA or Cost Accountant (CMA).

Work Experience: Minimum 7 years of post-basic qualification experience in Forex and Rupee markets in corporate/non-corporate organizations, research firms, brokerage firms, banks, NBFCs or mutual funds.

3. Manager – MMGS-III

Age Limit:

Minimum Age24 Years
Maximum Age36 Years
Age Calculation Date30 September 2026

Educational Qualification:

  • MBA, PGDBM, PGDM, PGDBA or equivalent degree from a recognized institution.
  • Finance specialization is preferred.

Preferred Qualifications: CFA, FRM, CA or Cost Accountant (CMA).

Work Experience: Minimum 3 years of post-qualification experience in Equity, Forex or Debt Research in corporate/non-corporate organizations, research firms, brokerage firms, banks, NBFCs or mutual funds.

Age Relaxation

CategoryRelaxation
OBC (Non-Creamy Layer)3 Years
SC/ST5 Years
PwBD – UR10 Years
PwBD – OBC13 Years
PwBD – SC/ST15 Years

Age relaxation is subject to the conditions and Government of India rules specified in the respective advertisements. The applicable age calculation date differs by post.

Nationality

Eligible Indian citizens can apply for these SBI Specialist Cadre Officer posts.

Salary and Pay Scale

Post NameGradeBasic Pay Scale
Risk SpecialistMMGS-II₹64,820 – 93,960
Chief ManagerSMGS-IV₹1,02,300 – 1,20,940
ManagerMMGS-III₹85,920 – 1,05,280

Selected candidates will also be eligible for applicable allowances and benefits, including Dearness Allowance, House Rent Allowance, City Compensatory Allowance, Provident Fund, NPS, Leave Fare Concession and medical facilities as per SBI rules.

Application Fee

CategoryApplication Fee
General / EWS / OBC₹750
SC / ST / PwBDNo Fee

The application fee is non-refundable. Candidates should complete the payment through the online payment gateway.

Selection Process

The selection process for all three positions will consist of the following stages:

  1. Shortlisting: SBI will shortlist candidates based on its prescribed eligibility and selection parameters.
  2. Interview: Shortlisted candidates will be invited for an interview carrying 100 marks.
  3. Final Merit List: The final merit list will be prepared based on interview marks in descending order.

There is no written examination date specified in these advertisements. The qualifying interview marks will be decided by SBI.

How to Apply for SBI SCO Recruitment 2026

Eligible candidates can apply online by following these steps:

  1. Visit the official SBI Careers website.
  2. Open the Current Openings section.
  3. Find the relevant advertisement number: CRPD/SCO/2026-27/26 or CRPD/SCO/2026-27/27.
  4. Read the notification carefully.
  5. Click on the online application link for the desired post.
  6. Register using a valid email ID and mobile number.
  7. Fill in the personal, educational and professional details.
  8. Upload the required photograph, signature, resume and certificates.
  9. Pay the application fee, if applicable.
  10. Review the details and submit the application.
  11. Download and print the application form and payment receipt.

Note: Candidates applying for more than one post must submit separate applications for each post as instructed in the respective notification.

Required Documents

  • Recent passport-size photograph.
  • Scanned signature.
  • Updated resume and biodata.
  • Identity proof.
  • Date of birth proof.
  • Educational qualification certificates and mark sheets.
  • Professional certification documents, if applicable.
  • Work experience certificates.
  • Caste certificate, if applicable.
  • PwBD certificate, if applicable.
  • Salary slip, Form-16 or offer letter, wherever required.
  • NOC from the present employer, wherever applicable.

Important Links

ParticularsLinks
SBI Risk Specialist Notification Click Here
SBI Product & Research Notification Click Here
Online Application Form Apply Online
Official Website Click Here

Candidates should select the correct advertisement number on the official SBI Careers portal before downloading the notification or submitting an application.

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Frequently Asked Questions (FAQs)

1. How many vacancies are available in SBI SCO Recruitment 2026?

A total of 10 vacancies are available across Risk Specialist, Chief Manager and Manager positions.

2. What is the last date to apply for SBI SCO Recruitment 2026?

The last date for online application and fee payment is 23 November 2026.

3. What is the application fee?

General, EWS and OBC candidates must pay ₹750. SC, ST and PwBD candidates are exempted from the application fee.

4. What is the selection process?

Selection will be based on shortlisting and an interview carrying 100 marks.

5. What is the salary of SBI Specialist Cadre Officers?

The basic pay scale ranges from ₹64,820 to ₹1,20,940 depending on the post and grade, along with applicable allowances.

6. Can candidates apply for more than one post?

Yes. Candidates may apply for more than one eligible post, but separate applications must be submitted for each post.

Conclusion

SBI SCO Recruitment 2026 offers 10 vacancies for experienced professionals in banking, finance, risk management and financial research. Candidates who meet the prescribed educational qualifications, age limits and work experience requirements should submit their online applications before 23 November 2026.

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