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
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.
Total Vacancies: 10 Posts
Application Mode: Online
Application Start Date: 02 November 2026
Last Date: 23 November 2026
SBI SCO Recruitment 2026 – Overview
| Organization | State Bank of India |
|---|---|
| Recruitment Name | SBI Specialist Cadre Officer Recruitment 2026 |
| Advertisement Numbers | CRPD/SCO/2026-27/26 and CRPD/SCO/2026-27/27 |
| Post Names | Risk Specialist, Chief Manager and Manager |
| Total Vacancies | 10 |
| Job Type | Regular Basis |
| Job Location | Mumbai (suggested posting for the advertised positions) |
| Application Mode | Online |
| Application Starting Date | 02 November 2026 |
| Last Date | 23 November 2026 |
| Selection Process | Shortlisting and Interview |
| Official Website | SBI Careers |
Important Dates
| Event | Date |
|---|---|
| Notification Date | 02 November 2026 |
| Online Application Starting Date | 02 November 2026 |
| Last Date to Apply Online | 23 November 2026 |
| Last Date for Fee Payment | 23 November 2026 |
| Interview Date | Not mentioned in the official notifications |
| Written Examination Date | Not 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 Name | Grade | Vacancies |
|---|---|---|---|
| 2026-27/27 | Risk Specialist | MMGS-II | 3 |
| 2026-27/26 | Chief Manager (Product & Research – Forex & Rupee Derivatives) | SMGS-IV | 1 |
| 2026-27/26 | Manager (Product & Research Analyst) | MMGS-III | 6 |
| Total Vacancies | 10 | ||
Category-wise Vacancy Details
1. Risk Specialist – 3 Posts
| Category | Vacancies |
|---|---|
| UR | 3 |
| Total | 3 |
2. Chief Manager – 1 Post
| Category | Vacancies |
|---|---|
| UR | 1 |
| Total | 1 |
3. Manager – 6 Posts
| Category | Regular | Backlog | Total |
|---|---|---|---|
| SC | 1 | 0 | 1 |
| OBC | 1 | 1 | 2 |
| UR | 3 | 0 | 3 |
| Total | 5 | 1 | 6 |
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 Age | 25 Years |
|---|---|
| Maximum Age | 35 Years |
| Age Calculation Date | 31 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 Age | 30 Years |
|---|---|
| Maximum Age | 40 Years |
| Age Calculation Date | 30 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 Age | 24 Years |
|---|---|
| Maximum Age | 36 Years |
| Age Calculation Date | 30 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
| Category | Relaxation |
|---|---|
| OBC (Non-Creamy Layer) | 3 Years |
| SC/ST | 5 Years |
| PwBD – UR | 10 Years |
| PwBD – OBC | 13 Years |
| PwBD – SC/ST | 15 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 Name | Grade | Basic Pay Scale |
|---|---|---|
| Risk Specialist | MMGS-II | ₹64,820 – 93,960 |
| Chief Manager | SMGS-IV | ₹1,02,300 – 1,20,940 |
| Manager | MMGS-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
| Category | Application Fee |
|---|---|
| General / EWS / OBC | ₹750 |
| SC / ST / PwBD | No 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:
- Shortlisting: SBI will shortlist candidates based on its prescribed eligibility and selection parameters.
- Interview: Shortlisted candidates will be invited for an interview carrying 100 marks.
- 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:
- Visit the official SBI Careers website.
- Open the Current Openings section.
- Find the relevant advertisement number: CRPD/SCO/2026-27/26 or CRPD/SCO/2026-27/27.
- Read the notification carefully.
- Click on the online application link for the desired post.
- Register using a valid email ID and mobile number.
- Fill in the personal, educational and professional details.
- Upload the required photograph, signature, resume and certificates.
- Pay the application fee, if applicable.
- Review the details and submit the application.
- 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
| Particulars | Links |
|---|---|
| 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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