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SBI Recruitment 2019: 579 Specialist Officer Vacancies

State Bank of India has issued notifications for recruiting eligible candidates to the posts of Specialist Cadre Officers in SBI on contract basis for wealth management business unit. Please find detailed information regarding the vacancies below.

Important Dates

Commencement of online Registration: 23.05.2019

Last date for applying: 12.06.2019

About Vacancies

S.No.PostVacancies
1Head (Product, Investment & Research)1
2Central Research Team (Fixed Income Research Analyst)1
3Relationship Manager486
4Relationship Manager (e-Wealth)
5Relationship Manager (NRI)
6Relationship Manager (Team Lead)20
7Customer Relationship Executive66
8Zonal Head Sales (Retail) (Eastern Zone)1
9Central Operation Team Support3
10Risk & Compliance Officer1
Total579

How to Apply

Eligible candidates must ensure that they possess the necessary qualifications and fulfil all the required criteria before applying for the posts.

Candidates can apply for more than one post.

Interested candidates need to apply online by visiting the Official Website. No other mode of application submission would be accepted.

Candidates should keep the following ready before registering applications:

  • Valid E-mail id
  • Valid Mobile Number
  • Scanned copy of latest passport size coloured photograph.
  • Scanned signature in digital format

Details once submitted in the online application form will be final and any request for any change including change in correspondence address/email address/mobile number/category shall not be entertained. Candidates are, therefore, advised to carefully fill up their online application.

Read the Advertisement carefully to be sure about your eligibility.

Essential Qualification

S.No.PostEducational Qualification as on 01.04.2019Post Qualification
1Head (Product, Investment & Research)• Graduation/Post Graduation from Government recognized University/Institution or Reputed Colleges. • Other preferred qualification: Knowledge and Experience in Market Analytics and Passion for Research in Economics trend and Products.Essential Experience: Minimum 12 years of relevant work experience in financial services, financial product development, investment advisory and private banking. Minimum 8 years of experience in Wealth Management. (Total 12 years’ experience is inclusive of 8 years) Excellent knowledge of Equity Products, PMS, Alternate Investments, Mutual Funds. Experience in Product Development and Structuring for Private Wealth Clients. Experience in managing Investment Counsellors/Advisors at a National Level with Leading Banks/ Financial Institutions.
2Central Research Team (Fixed Income Research Analyst)MBA/PGDM from recognized college/University. Other Preferred qualification: CFA/CFP/CWM/Graduate or Post Graduate degree in Economics.Minimum 5 years’ experience in Fixed Income Research in Wealth Management/AMC (Mutual Funds)/Banks. Preferred Experience: a) Minimum 10 years’ experience in Fixed income research/ research analytics. b) Excellent knowledge on local and global economic trends. c) Knowledge on Primary/ Secondary market, Fixed Income Markets. d) Experience in creating views about debt markets. e) Proficiency in using Excel/Modelling Techniques/ Bloomberg/ Reuters/ Morning Star/ CRISIL data bases
3Relationship ManagerGraduate from Government recognized University or Institution.Minimum 3 years’ 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 Clients (having a minimum Total Relationship Value (TRV) of Rs.20.00 lakh.
4Relationship Manager (e-Wealth)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).
5Relationship Manager (NRI)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.
6Relationship Manager (Team Lead)Minimum 8 years of experience in relationship management in wealth management. Experience as a Team Lead is preferred.
7Customer Relationship ExecutiveExperience 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.
8Zonal Head Sales (Retail) (Eastern Zone)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
9Central Operation Team SupportMinimum 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
10Risk & Compliance OfficerGraduate from Government recognized University or Institution. Professional Qualification in Risk/Compliance preferred.Minimum 5 years of experience in Wealth Management business, out of which minimum 3 years’ experience in Risk & Compliance in Wealth Management.

Selection Procedure

Selection of candidates for all the posts would be made on the basis of the performance of the eligible candidates in the following:

  • Shortlisting of candidates
  • Interview

Age

S.No.PostMin AgeMax Age
1Head (Product, Investment & Research)3550
2Central Research Team (Fixed Income Research Analyst)3045
3Relationship Manager2335
4Relationship Manager (e-Wealth)2335
5Relationship Manager (NRI)2335
6Relationship Manager (Team Lead)2840
7Customer Relationship Executive2035
8Zonal Head Sales (Retail) (Eastern Zone)3550
9Central Operation Team Support3040
10Risk & Compliance Officer2540

Cut Off Date: 01.04.2019

Upper Age limit is relaxable by:

3 years for OBC (Non Creamy Layer).

5 years for SC/ST candidates.

Persons with Disabilities Candidates:

  • By 10 years for General
  • By 13 years for OBC (Non-Creamy Layer)
  • By 15 years for SC/ST

Fee

General/OBC/EWS candidates: Rs 750

SC/ST/PwD candidates: Rs 125

The fee has to be paid online through credit card/debit card, Net Banking and other such modes available.

Other Information

Pay Scale

S.No.PostCTC
1Head (Product, Investment & Research)₹.80.00 lacs to ₹.99.62 lacs
2Central Research Team (Fixed Income Research Analyst)₹.25.00 lacs to ₹.45.00 lacs
3Relationship Manager₹.6.00 lacs to ₹.15.00 lacs

 

4Relationship Manager (e-Wealth)
5Relationship Manager (NRI)
6Relationship Manager (Team Lead)₹.10.00 lacs to ₹.28.00 lacs
7Customer Relationship Executive₹.2.00 lacs to ₹.3.00 lacs
8Zonal Head Sales (Retail) (Eastern Zone)₹.25.00 lacs to ₹.45.00 lacs
9Central Operation Team Support₹.10.00 lacs to ₹.15.00 lacs
10Risk & Compliance Officer₹.22.00 lacs to ₹.27.00 lacs

Contract Period: 05 years

Official Link

Official Website

Official Notification

Apply Online

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