24 Oct
|
State Bank of India (SBI)
|
Mumbai
24 Oct
State Bank of India (SBI)
Mumbai
- ENGAGEMENT OF SPECIALIST CADRE OFFICERS ON CONTRACT BASIS
- (ADVERTISEMENT NO: CRPD/SCO/2026-27/25)
- ONLINE REGISTRATION OF APPLICATION & PAYMENT OF FEES: FROM 30.09.2026 TO 21.10.2026
Vacancies : - 2 Age as on 31/08/2026 : - 30-45 yrs.
Educational Qualification : -
- Mandatory: MBA/PGDM from recognized College/University or CA/CFA
- Preferred: NISM Investment Advisor / Research Analyst Certificate/CFP /NISM 21A or 21B.
Post-Qualification Experience : -
- Mandatory:Minimum 5 years in Equity Research/Products experience in Wealth Management / AMC (Mutual Funds) / Banks.(The candidates who are working in SBI Group companies will have to produce No objection Certificate (NOC) from the employer while applying for any post)
Specific skills required if any : - Preferred Skills
- i. Minimum 8 years experience in Equity/Fixed Income Research/MF Research Analytics.ii.
Excellent
Knowledge on local and global economic trends.iii.
Excellent
Knowledge on local Primary/Secondary Equity Markets/Fixed Income and on PMS/AIF/MF/ Structured Products schemes in India.iv.
Experience in creating views and research-based publications on capital Market / sector trends.v. Proficiency in using Excel / Modeling techniques / Bloomberg / Reuters /Morning Star / CRISIL databases.vi. Flair for equity, understanding of all exchange traded products including bonds, INVIT, MLDs, REITs, Section 54 EC Bonds.
Job Profile : -
- The Official would work closely with Head (Product, Investment & Research) and would be responsible for running program of wealth products and liaise with Market data Aggregators and Research providers.
- The Official will be responsible to prepare product notes, market updates, investment outlook and evaluating latest product offering in addition to handling all queries related to products. He will also require to prepare notes related to products.
Key Responsibility Areas (KRAs) for the Post : -
- The Official would work closely with Head--(Product, Investment & Research) and conduct the following activitiesUnderstand the current trends of wealth products.Create forward-looking view on equity market and specific sectors.
Fixed
Income research give regular updates on developments in equity marketAnalyse various PMS/AIF/MF/Structured Products/ scheme offerings and conduct due diligence prior to approvalLiaise with other departments and outside agencies for equity markets.Analytics of Equity PMS/AIF/Other wealth product and Client portfolios.Liaise with Market data aggregators and research report providers.Regular interaction with Investment and RM teams.Any other matter, as may be entrusted by the Bank from time to time.
CTC Upper Limit :
- 77.20 Lakhs
Fixed Pay :
- INR 57.00 Lakhs
Conveyance, Mobile, Medical Allowances : - INR 0.38 Lakhs
Performance Linked Pay : - 0% to 35% of Fixed Pay
Annual Increment Band : - 0% to 25%
Variable Pay /Performance Linked Pay (PLP) : -
- Eligible for Performance Linked Pay and Annual Increment based on the performance rating measured as per Banks Policy.
Contract Period : -
- 5 Years
- (Renewable another 4 years at the discretion of the Bank subject to fulfilment of any such conditions as may be stipulated by the Bank)
- $ The contract period is 5 Years. The contract can be terminated at any time, without prejudice, by giving two (2) months notice from either side or on payment/surrender of two (2) months' compensation amount in lieu thereof.
GENERAL INFORMATION : -
- Before applying for the post, the applicant should ensure that he/ she fulfils the eligibility and other norms mentioned above for that post as on the specified date and that the particulars furnished by him/ her are correct in all respects.
- Candidates belonging to reserved category, including, for whom no reservation has been mentioned, are free to apply for vacancies announced for UR category provided they must fulfil all the eligibility conditions applicable to UR category.
- IN CASE IT IS DETECTED AT ANY STAGE OF RECRUITMENT THAT AN APPLICANT DOES NOT FULFIL THE ELIGIBILITY NORMS AND/ OR THAT HE/ SHE HAS FURNISHED ANY INCORRECT/ FALSE INFORMATION OR HAS SUPPRESSED ANY MATERIAL FACT(S), HIS/ HER CANDIDATURE WILL STAND CANCELLED. IF ANY OF THESE SHORTCOMINGS IS/ ARE DETECTED EVEN AFTER ENGAGEMENT, HIS/ HER CONTRACTS ARE LIABLE TO BE TERMINATED.
- The applicant should ensure that the application is strictly in accordance with the prescribed format and is properly filled.
- Engagement of selected candidate is subject to his/ her being declared medically fit as per the requirement of the Bank. Such engagement will also be subject to the service and conduct rules of the Bank for such post in the Bank, in force at the time of joining the Bank.
- Candidates are advised to keep their e-mail ID active for receiving communication viz. call letters/ Interview date advices etc.
- The Bank takes no responsibility for any delay in receipt or loss of any communication.
- Candidates serving in Govt./ Quasi Govt. offices, Public Sector undertakings including Nationalized Banks and Financial Institutions are advised to submit No Objection Certificate from their employer at the time of interview, failing which their candidature may not be considered and travelling expenses, if any, otherwise admissible, will not be paid.
- In case of selection, candidates will be required to produce proper discharge certificate from the employer at the time of taking up the engagement.
- Candidates are advised in their own interest to apply online well before the closing date and not to wait till the last date to avoid the possibility of disconnection / inability/ failure to log on to the website on account of heavy load on internet or website jam. SBI does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of aforesaid reasons or for any other reason beyond the control of SBI.
- DECISION OF BANK IN ALL MATTERS REGARDING ELIGIBILITY, CONDUCT OF INTERVIEW, OTHER TESTS AND SELECTION WOULD BE FINAL AND BINDING ON ALL CANDIDATES. NO REPRESENTATION OR CORRESPONDENCE WILL BE ENTERTAINED BY THE BANK IN THIS REGARD.
- The applicant shall be liable for civil/ criminal consequences in case the information submitted in his/ her application are found to be false at a later stage.
- Merely satisfying the eligibility norms does not entitle a candidate to be called for interview. Bank reserves the right to call only the requisite number of candidates for the interview after preliminary screening/ short-listing with reference to candidates qualification, suitability, experience etc.
- In case of multiple applications, only the last valid (completed) application will be retained, the application fee/ intimation charge paid for other registration will stand forfeited.
- Any legal proceedings in respect of any matter of claim or dispute arising out of this advertisement and/ or an application in response thereto can be instituted only in Mumbai and Courts/ Tribunals/ Forums at Mumbai only have sole and exclusive jurisdiction to try any cause/ dispute.
- Outstation candidates, who may be called for interview after short-listing will be reimbursed the cost of travelling fare (Eligibility will be mentioned in the Call letter) for the shortest route in India OR the actual travel cost in India (whichever is lower) on the basis of actual journey. Local conveyance like taxi/cab/personal vehicle expenses/fares will not be payable. A candidate, if found ineligible for the post will not be permitted to appear for the interview and will not be reimbursed by any fare.
- Bank reserves the Right to cancel the recruitment process entirely or for any particular post at any stage without specifying any reasons thereof.
- At the time of interview, the candidate will be required to provide details regarding criminal cases pending against him/her, if any. The Bank may also conduct independent verification, inter alia, including verification of Police Records, etc. The Bank reserves the right to deny the engagement depending upon such disclosure and/or independent verification.
For any query, please write to us through link CONTACT US/ Post Your Query which is available on Banks website (https://sbi.bank.in/web/careers)
HOW TO APPLY
- Login to https://sbi.bank.in/web/careers/current-openings
- Scroll down and click on the respective advertisement
- Download advertisement no. CRPD/SCO/2026-27/25
- (Carefully read the detailed advertisement)
- Apply Online
- (Before final submission, please go through your application.
- Corrections will not be allowed after final submission)
📌 Central Research Team (Product Lead) (Mumbai)
🏢 State Bank of India (SBI)
📍 Mumbai