SBI SCO Recruitment 2026: Key Details
State Bank of India (SBI) has invited online applications for 10 Specialist Cadre Officer (SCO) posts through two advertisements — CRPD/SCO/2026-27/26 and CRPD/SCO/2026-27/27, both dated 2 November 2026. The posts are Chief Manager (Product & Research), Manager (Product & Research Analyst) and Risk Specialist, all on a regular basis. Online applications opened on 2 November 2026 and close on 23 November 2026. Mumbai is the suggested place of posting, though the bank may post officers at any of its offices in India.
Photo: Digamber, via Wikimedia Commons (CC0) — SBI headquarters, Nariman Point, Mumbai
Important Dates
| Event | Date |
|---|---|
| Advertisements issued | 2 November 2026 |
| Online applications open | 2 November 2026 |
| Last date to apply online | 23 November 2026 |
| Last date for fee payment | 23 November 2026 |
| Cut-off date for age, qualification and experience (Advt 26) | 30 September 2026 |
| Cut-off date for age, qualification and experience (Advt 27) | 31 October 2026 |
| Interview date | Not announced yet |
Total Vacancies: 10
| Post | Advt | Grade | Vacancies | Pay Scale (Rs per month) |
|---|---|---|---|---|
| Chief Manager (Product & Research — Forex & Rupee Derivatives) | 26 | SMGS-IV | 1 (UR) | Rs 1,02,300 – Rs 1,20,940 |
| Manager (Product & Research Analyst) | 26 | MMGS-III | 6 (SC 1, OBC 2, UR 3) | Rs 85,920 – Rs 1,05,280 |
| Risk Specialist | 27 | MMGS-II | 3 (UR) | Rs 64,820 – Rs 93,960 |
The 6 Manager posts comprise 5 regular and 1 backlog (OBC) vacancy. Each post carries one PwBD vacancy on a horizontal basis — Low Vision (VI-LV) for Chief Manager and Manager, and Visually Impaired (VI) for Risk Specialist. SBI says the vacancy numbers are provisional and may change.
Eligibility and Experience
Chief Manager (Product & Research)
- MBA / PGDM / PGDBM / PGDBA or an equivalent degree from an institution recognised by government bodies, AICTE or UGC. A Finance specialisation is preferred; CFA / FRM / CA / CMA is preferred.
- At least 7 years of post-qualification experience in Forex and Rupee markets, in corporate or non-corporate organisations, research firms, brokerage firms, banks, NBFCs or mutual funds.
- Proficiency in spoken and written English is required.
Manager (Product & Research Analyst)
- MBA / PGDM / PGDBM / PGDBA or an equivalent degree, with a Finance specialisation preferred and CFA / FRM / CA / CMA preferred.
- At least 3 years of post-qualification experience in Equity, Forex or Debt research.
Risk Specialist
- CA, or CFA, or an MBA / PGDM or equivalent degree in Finance, Data Analytics or Business Analytics.
- At least 2 years of post-qualification work on Expected Credit Loss (ECL) modelling, in the risk department of a bank, financial institution, rating agency or brokerage. Risk advisory work at a consulting firm also counts. FRM from GARP or PRM from PRMIA is preferred. Skills in Python, R, SPSS or SAS, large datasets, and strong Excel and PowerPoint are expected.
Teaching or training experience does not count towards the required experience. Experience must be full-time and after the basic qualification.
Age Limit
| Post | Age Limit | Cut-off Date |
|---|---|---|
| Chief Manager | 30 – 40 years | 30 September 2026 |
| Manager | 24 – 36 years | 30 September 2026 |
| Risk Specialist | 25 – 35 years | 31 October 2026 |
Upper age relaxation: OBC (non-creamy layer) 3 years, SC/ST 5 years, PwBD 10/13/15 years (UR/OBC/SC-ST). Relaxations do not add up across categories.
Application Fee
| Category | Fee |
|---|---|
| General / EWS / OBC | Rs 750 |
| SC / ST / PwBD | Nil |
The fee must be paid online and is non-refundable. Registration counts only once the fee is paid by 23 November 2026.
Salary and Benefits
Chief Manager (SMGS-IV): Rs 1,02,300 – Rs 1,20,940; Manager (MMGS-III): Rs 85,920 – Rs 1,05,280; Risk Specialist (MMGS-II): Rs 64,820 – Rs 93,960. DA, HRA, CCA, Provident Fund, NPS, Leave Fare Concession and medical facilities apply as per the bank’s rules. The Advt 26 posts carry a 12-month probation. Appointments are regular and remain in the specialist cadre, with no route into the general cadre. The notification does not state an in-hand salary figure.
Selection Process
There is no written examination for these posts. Selection is through shortlisting and an interview.
- Shortlisting: Meeting the minimum qualification and experience does not guarantee an interview call — a shortlisting committee of the bank will decide the criteria and call an adequate number of candidates.
- Interview: 100 marks. The bank will decide the qualifying marks. The merit list is prepared on interview scores only. If two candidates tie at the cut-off, the older candidate ranks higher.
- For Risk Specialist only, SBI will keep a category-wise wait list, valid for one year from the final result.
- Outstation candidates called for interview are reimbursed economy-class airfare for the shortest route in India, up to Rs 10,000 to and fro or the actual cost, whichever is lower. Local transport is not reimbursed.
Documents Required
- Recent photograph (20–50 KB, 200 x 230 pixels) and signature (10–20 KB, 140 x 60 pixels, in black ink, not in capital letters)
- Detailed resume, ID proof and proof of date of birth
- Degree certificate (plus mark sheets for Risk Specialist) and any preferred certificate
- Experience certificates — each must state that the candidate worked in the field the post asks for
- Biodata form, duly filled, signed and scanned as a PDF — each advertisement has its own form
- Form-16, offer letter or latest salary slip from the current employer
- Caste, EWS or PwBD certificate, if applicable; a No Objection Certificate is required at the interview for candidates working in a government body, PSU or public sector bank
How to Apply Online
- Open the SBI careers page at sbi.bank.in/web/careers/current-openings and find advertisement CRPD/SCO/2026-27/26 or /27.
- Download and read the advertisement and the Biodata form for that advertisement.
- Click Apply Online and register with a valid email ID and mobile number.
- Upload your photograph and signature, fill in the form — a saved form can be edited only three times.
- Upload each document as an A4 PDF of up to 500 KB and check it with Preview.
- Pay the fee through the integrated payment gateway and print the e-receipt and the application form. No edits are possible after payment.
A candidate may apply for both posts under Advt 26 if otherwise eligible. If a candidate submits more than one application for the same post, only the last valid (completed) application is retained.
Important Links
- Apply Online — SBI Careers Page
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- IBPS Recruitment 2026: Server Administrator and Assistant Posts
Frequently Asked Questions
Q1: How many vacancies are there in SBI SCO Recruitment 2026?
A: There are 10 vacancies — 1 Chief Manager, 6 Manager (Advt 26) and 3 Risk Specialist (Advt 27).
Q2: What is the last date to apply?
A: Online registration and fee payment run from 2 November 2026 to 23 November 2026.
Q3: What qualification is required?
A: An MBA/PGDM/PGDBM/PGDBA or equivalent degree for Chief Manager and Manager; CA, CFA or an MBA/PGDM in Finance, Data Analytics or Business Analytics for Risk Specialist.
Q4: How much experience is needed?
A: Chief Manager — 7 years in Forex and Rupee markets; Manager — 3 years in Equity, Forex or Debt research; Risk Specialist — 2 years in ECL modelling.
Q5: What is the age limit?
A: Chief Manager 30–40 years, Manager 24–36 years (as on 30 September 2026); Risk Specialist 25–35 years (as on 31 October 2026). Relaxation applies as per government rules.
Q6: What is the application fee?
A: Rs 750 for General, EWS and OBC candidates; nil for SC, ST and PwBD candidates.
Q7: How will candidates be selected?
A: There is no written exam — selection is through shortlisting and a 100-mark interview, and the merit list is based on interview marks only.
Q8: What is the salary?
A: Chief Manager Rs 1,02,300–Rs 1,20,940, Manager Rs 85,920–Rs 1,05,280 and Risk Specialist Rs 64,820–Rs 93,960, plus DA, HRA, CCA, PF, NPS and other allowances.
Sources: SBI advertisements CRPD/SCO/2026-27/26 and /27 (2 November 2026), as quoted by FreeJobAlert and CareerGhar. Please read the official advertisements on sbi.bank.in before applying. The interview date has not yet been officially announced.
Next Action: Apply online on the SBI careers page before 23 November 2026
