INDNotice

Recruitment of Specialist Cadre Officer on Regular Basis

JOBAdded: 14 Nov 2025State Bank of India

State Bank of India invites online applications from eligible Indian citizens for appointment to Specialist Cadre Officers Posts on a Regular Basis. Candidates are requested to apply online through the link given on the Bank's official website: https://sbi.bank.in/web/careers/current-openings

Important Dates

  • Online Registration & Payment of Fees: From 2025-10-08 to 2025-10-28

Application Process Guidelines

  1. Registration is complete only when the fee is deposited on or before the last date.
  2. Candidates must ensure they fulfill all eligibility criteria as on the date of eligibility.
  3. All required documents (resume, ID proof, age proof, PwBD Certificate (if applicable), educational qualification, certifications, experience, Biodata etc.) must be uploaded. Failure to do so will result in the application/candidature not being considered.
  4. Shortlisting is provisional; original documents will be verified at the time of interview.
  5. Ineligible candidates will not be allowed to appear for interviews and will not be reimbursed for travelling expenses.
  6. Candidates should regularly check https://sbi.bank.in/web/careers/current-openings for updates. Call letters/advice will be sent by e-mail only (no hard copy).
  7. All revisions/corrigendum will be hosted on the Bank's website only.
  8. If multiple candidates score the same marks on the final merit list, ranking will be based on age in descending order.
  9. Hard copies of applications and other documents need not be sent.
  10. Candidates can apply for more than one post if they fulfill eligibility criteria for each post.
  11. Teaching & training experience will not be counted for eligibility.

Details of Posts, Vacancy, Age Criteria, Remuneration, Place of Postings & Selection Process

A) Assistant General Manager (Product & Research - Forex & Rupee Derivatives)

  • Grade: SMGS-V
  • Vacancies: UR-01, Total-01
  • Cut-off date: Age in years (As on 2025-10-01): Min-35 & Max-45
  • Suggested Place of Posting: Mumbai
  • Selection Procedure: Shortlisting & Interview

B) Manager (Product & Research - Forex & Rupee Derivatives)

  • Grade: MMGS-III
  • Vacancies: UR-02, PwBD-VI (LV)-01, Total-02
  • Cut-off date: Age in years as on 2025-10-01): Minimum-24 & Maximum-36
  • Suggested Place of Posting: Mumbai
  • Selection Procedure: Shortlisting & Interview

C) Manager (Research Analyst)

  • Grade: MMGS-III

  • Vacancies: OBC-01, UR-03, PwBD-VI (LV)-01, Total-04

  • Cut-off date: Age in years as on 2025-10-01): Minimum-24 & Maximum-36

  • Suggested Place of Posting: Mumbai

  • Selection Procedure: Shortlisting & Interview

  • ABBREVIATION: OBC-Other Backward Classes; UR - Unreserved; PwBD-Persons with Benchmark disabilities; VI-Visually Impaired; LV-Low Vision.

  • Suggested place of posting is indicative. Bank reserves the right to post or transfer to any of its offices or depute to associates/subsidiaries.

  • Maximum age indicated is for Unreserved category candidates. Age relaxation as per Govt. of India guidelines for reserved categories.

  • PwBD Vacancy is Horizontal and is covered under Parent Category.

Educational Qualification, Experience, Skills & Job Profile

Assistant General Manager (Product & Research - Forex & Rupee Derivatives)

  • Basic Qualifications (As on 2025-10-01):
    • Essential: MBA (Finance) or PGDBM (Finance) or PGDM (Finance) or equivalent degree in Finance from a recognized institute. Dual specialization with Finance being one of them is eligible.
  • Other Qualifications (As on 2025-10-01):
    • Preferred: CFA/FRM/CA/Cost Accountants (CMA erstwhile ICWA)
  • Experience (Post Basic Education qualifications) (As on 2025-10-01):
    • Minimum 10 years of experience in Forex and Rupee markets in Corporate/Non-Corporate Organizations/Research firms/Brokerage firms/Banks/NBFCs/Mutual funds. Document evidencing relevant experience must be submitted.
    • Training & Teaching experience will not be counted for eligibility.
    • Experience must be supported by a suitable certificate/letter from the employer.
  • Specific Skills (Preferred): Proficient in spoken and written English.
  • Job Profile: Support in development and delivery of customized solutions, ensure product offerings align with market dynamics. Primary functions include conducting research for new derivative products, evaluating product performance, assisting marketing, and providing updates to Top Management.

Manager (Product & Research - Forex & Rupee Derivatives)

  • Basic Qualifications (As on 2025-10-01):
    • Essential: MBA (Finance) or PGDBM (Finance) or PGDM (Finance) or equivalent degree in Finance from a recognized institute. Dual specialization with Finance being one of them is eligible.
  • Other Qualifications (As on 2025-10-01):
    • Preferred: CFA/FRM/CA/Cost Accountants (CMA erstwhile ICWA)
  • Experience (Post Basic Education qualifications) (As on 2025-10-01):
    • Minimum 3 years of post-qualification experience in Forex/Rupee markets in Corporate/Non-Corporate Organisations/Research firms/Brokerage firms/Banks/NBFCs/Mutual funds. Document evidencing relevant experience must be submitted.
    • Training & Teaching experience will not be counted for eligibility.
    • Experience must be supported by a suitable certificate from the employer.
  • Specific Skills (Desired): Proficient in spoken and written English.
  • Job Profile: Design tailored products, stay updated with derivative products and regulatory frameworks. Primary functions include monitoring markets, supporting product development, liaising with departments, providing updates to stakeholders, supporting product design, conducting market research, monitoring market developments, assisting in new structures, drafting internal memos, analytical support, product development & approval, coordination with internal departments, and driving product suitability documentation.

Manager (Research Analyst)

  • Basic Qualifications (As on 2025-10-01):
    • Essential: MBA (Finance) or PGDBM (Finance) or PGDM (Finance) or equivalent degree in Finance from a recognized institute. Dual specialization with Finance being one of them is eligible.
  • Other Qualifications (As on 2025-10-01):
    • Preferred: CFA/FRM/CA/Cost Accountants (CMA erstwhile ICWA)
  • Experience (Post Basic Education qualifications) (As on 2025-10-01):
    • Minimum 3 years of post-qualification experience in equity research in Corporate/Non-corporate organizations/research firms/brokerage firms/Banks/NBFCs/Mutual Funds. Document evidencing relevant experience must be submitted.
    • Training & Teaching experience will not be counted for eligibility.
    • Experience must be supported by a suitable certificate from the employer.
  • Specific Skills (Desired): Proficient in spoken and written English.
  • Job Profile: Provide in-depth analysis and actionable insights across equity, forex, and debt markets. Primary functions include conducting fundamental and technical research, analyzing macroeconomic trends, generating financial models, tracking corporate earnings, preparing and presenting research notes, collaborating with trading desk, understanding regulatory guidelines, preparing various research reports, and tracking economic and market data.

Selection Process

  1. Shortlisting: Based on minimum qualification and experience. The Bank's committee will decide parameters and the number of candidates to be shortlisted. The Bank's decision is final, and no correspondence will be entertained.
  2. Interview: Carries 100 marks. Qualifying marks will be decided by the Bank. No correspondence entertained.
  3. Merit list: Prepared in descending order based on interview scores. In case of a tie, candidates will be ranked according to age in descending order.

Grade & Remuneration

  • Senior Management Grade Scale-V: Rs (120940-3360/2-127660-3680/2-135020)
  • Middle Management Grade Scale-III: Rs (85920-2680/5-99320-2980/2-105280)
  • Other benefits: Eligible for DA, HRA, CCA, Provident Fund, Contributory Pension Fund i.e., NPS, Leave Fare Concession (LFC), Medical Facility, other perquisites as per rules in force.
  • Probation Period: 12 Months

Important Points

  • Vacancies are provisional and may vary.
  • Candidates must possess the prescribed qualification and relevant full-time experience as on specified dates.
  • Reserved category candidates can apply for Unreserved vacancies if they meet Unreserved eligibility criteria.
  • Age relaxation is available for reserved category candidates as per Govt. of India guidelines.
  • Reservation as per prevailing Government of India Guidelines.
  • OBC candidates must belong to the 'Non-creamy Layer' and submit an OBC certificate (issued between 2025-04-01 and interview date) in the prescribed format.
  • Caste certificates for SC/ST/OBC (Non-creamy layer) must be issued by a Competent Authority on the format prescribed by the Government of India.
  • Experience certificates from employers must specifically state experience in the related field.
  • Bank reserves the right to cancel the recruitment process at any stage without specifying reasons.
  • Candidates seeking fee exemption must submit a valid requisite certificate.
  • PwBD candidates must produce a certificate from a competent authority as per Government of India Guidelines.
  • PwBD reservation is horizontal and included in the parent category vacancy. "Benchmark disability" means not less than 40% of a specified disability.

Reservation for Persons with Benchmark Disabilities (PwBD)

Horizontal reservation as per section 34 of "The Rights of Persons with Disabilities Act (RPWD), 2016". The posts are identified suitable for the following disabilities:

  • Suitable Category of Benchmark Disabilities: VI (Visually Impaired) {VI -LV (Low Vision )}
  • Functional Requirement: S- Sitting, W- Walking, MF- Manipulation by Fingers, BN- Bending, ST- Standing, H- Hearing, C- Communication
  • Visual Impairment (VI-LV): Only those with Low Vision (Visual acuity not exceeding 6/18 or less than 20/60 upto 3/60 or upto 10/200 Snellen, or limitation of field of vision subtending an angle of less than 40 degree up to 10 degree) after best correction are eligible.
    • A person must have a benchmark disability (not less than 40%) and submit the latest Disability Certificate on the prescribed format.

General Information

  • Candidates with adverse reports regarding character/antecedents/moral turpitude are not eligible.
  • If multiple applications are submitted for multiple posts, only the last valid (completed) application will be retained, and other fees forfeited.
  • Admission to all stages of recruitment is purely provisional. Issuance of call letter(s)/e-Admit Card(s) does not imply final acceptance of candidature.
  • Govt./Quasi Govt. employees/Public Sector undertakings must submit a 'No Objection Certificate' at the time of interview.
  • Candidates selected will need to produce a proper discharge certificate from their employer.
  • Bank's decision on eligibility, interview, tests, and selection is final and binding. No correspondence will be entertained.
  • False information will lead to civil/criminal consequences.
  • Bank reserves the right to call only requisite candidates after preliminary screening.
  • Mumbai Courts/Tribunals/Forums shall have sole and exclusive jurisdiction for any legal proceedings.
  • Outstation candidates called for interview will be reimbursed travelling cost (Air fare Economy Class up to Bank approved specified limit). Local conveyance will not be paid.
  • Requests for change/correction in application particulars will not be entertained.
  • Bank reserves the right to cancel the recruitment process entirely or for any particular post at any stage without assigning any reasons.
  • Candidates must provide details regarding criminal cases pending against them during the interview.
  • Suppression of material facts will lead to cancellation/termination of candidature.
  • Bank may conduct independent verification, including Police Records.

How to Apply & Document Upload

Guidelines for Filling Online Application

  1. Register online via the link and pay the application fee.
  2. Scan your latest photograph and signature. Applications won't be registered without these uploads.
  3. Fill the application carefully. You can save and re-open the application three times for editing. Note down the provisional registration number and password.
  4. After registering, take a printout of the system-generated online application forms.
  5. Candidates seeking Age relaxation need to submit copies of certificates at the time of joining. No change in category is permitted after registration.

Guidelines for Payment of Fees

  1. Application fees (Non-refundable): Rs. 750/- for General/EWS/OBC candidates. No fees for SC/ST/PwBD candidates.
  2. Pay fees through payment gateway integrated with the application (Debit Card/Credit Card/Internet Banking).
  3. Transaction charges will be borne by candidates.
  4. Upon successful transaction, an e-receipt and application form will be generated, which should be printed and retained.
  5. If online payment fails, make fresh attempts.
  6. A provision exists to reprint the e-Receipt and Application form later.
  7. Application Fee once paid will NOT be refunded or adjusted.

Documents to be uploaded

  1. Recent Photograph
  2. Signature
  3. Brief Resume (PDF)
  4. ID Proof (PDF)
  5. Proof of Date of Birth (PDF)
  6. PwBD certification (if applicable) (PDF)
  7. Educational Certificates: Relevant Mark-Sheets/Degree Certificate (PDF)
  8. Experience certificates (PDF)
  9. Form-16/Offer Letter/Latest Salary slip from current employer (PDF)
  10. No Objection Certificate (If applicable) (PDF)
  11. Biodata Form (Duly filled, Signed & Scanned in PDF- Available at the bank's career website).

Document File Type/Size

  1. All Documents must be in PDF (except Photograph & Signature).
  2. Page size of the document to be A4.
  3. Size of the file should not be exceeding 500 kb.
  4. Ensure documents are clear and readable.

Photograph File Type/Size

  1. Recent passport style colour picture, taken against a light-coloured/white background.
  2. Size: 20 kb - 50 kb, Dimensions: 200 x 230 pixels (preferred).
  3. Look straight at the camera with a relaxed face. Avoid squints, red-eye, reflections on glasses.
  4. Caps, hats and dark glasses are not acceptable (religious headwear allowed if face is not covered).

Signature File Type/Size

  1. Sign on white paper with Black Ink pen. Signature must be by the applicant only.
  2. Size: 10 kb - 20 kb, Dimensions: 140 x 60 pixels (preferred).
  3. Signature in CAPITAL LETTERS is NOT accepted.

Guidelines for Scanning

  1. Scanner Resolution: Minimum 200 dpi, Color to True Color.
  2. Crop image to the edge of photo/signature; use upload editor for final size.
  3. Photo/signature file should be JPG or JPEG format (e.g., image01.jpg).
  4. Candidates can check dimensions by listing folder/files or hovering mouse over icon.
  5. Use MS Paint or MSOffice Picture Manager to save/reduce photo (below 50 kb) & signature (below 20 kb) in .jpg format.
  6. After uploading, check images for clarity. Unclear images may lead to application rejection.

For any query, please write to us through the link "CONTACT US/ Post Your Query" which is available on Bank's website (https://sbi.bank.in/web/careers/current-openings).

Disclaimer: This content is provided on a best-effort basis. While we strive for accuracy, please verify important information against the original official sources. If you find a typo or error, you can to report it.