Exams   »   SBI SO Recruitment 2024

SBI SO Recruitment 2024 Notification Out, 1040 Vacancy, Apply Online

The SBI SO Recruitment 2024 Notification has been released by the State Bank of India (SBI) to announce 1040 vacancies for the post of Specialist Officers in various departments. The SO vacancies include Relationship Manager, VP Wealth, Investment Officer, Project Development Manager, Regional Head, etc. Banking exam aspirants can check their eligibility here and submit the SBI SO 2024 Application form on the official website of SBI at www.sbi.co.in till 8th August 2024. We have shared the SBI SO Apply Link, Notification PDF, Important Dates, Eligibility, and other details below.

SBI SO Recruitment 2024 Out

The State Bank of India (SBI) is conducting the SBI SO Recruitment 2024 for Specialist Officer vacancies in various departments of SBI across India. Candidates can submit their online applications and the selections will be done through Shortlisting based on Eligibility Criteria and Interviews. Interested candidates with required qualification and experience can apply through the direct link shared below.

SBI Specialist Officer Recruitment 2024

The SBI SO Recruitment 2024 (advt. No. CRPD/SCO/2024-25/09) process consist of online application process and selection will be done on the basis of Shortlisting and Interviews. To get a glance at SBI SO 2024 we have tabulated below the essential details.

SBI SO Recruitment 2024
Organization State Bank of India
Posts Specialist Officers
Vacancies 1040
Category Bank Jobs
Advt. No. CRPD/SCO/2024-25/09
Application Mode Online
Application Dates 19th July to 8th August 2024
Salary As per post
Selection Process
  • Shortlisting
  • Interview
Official Site sbi.co.in

SBI SO Notification 2024 PDF

The detailed SBI SO Notification 2024 PDF which has been released by the State Bank of India consists of important details such as post-wise and category-wise vacancies, application procedure, selection process, important dates, and so on. Before applying for the SBI SO Recruitment 2024, candidates need to go through the SBI SO 2024 Notification PDF to understand the recruitment process. We have provided below the direct link to download the SBI SO Notification 2024 PDF for your reference.

SBI SO 2024: Important Dates

All the Important dates related to the SBI SO 2024 Exam have been released along with the SBI SO Notification 2024. The online application process has been activated from 19th July to 8th August 2024. We have tabulated below the SBI SO Important Dates.

Events Dates
SBI SO 2024 Notification 18th July 2024
Commencement of Online Registration of Application 19th July 2024
Closure of registration of application and payment of application fee 8th August 2024
Interview To be announced

SBI SO Vacancy 2024

The table given below mentions the post-wise and category-wise vacancies that have been released by the State Bank of India (SBI). A total of 1040 vacancies have been announced which includes a maximum vacancy of 600 for the post of VP Wealth. You can check the rest of the post-wise vacancies below.

Posts GEN SC OBC EWS ST Total
Central Research Team (Product Lead) 2 2
Central Research Team (Support) 2 2
Project Development Manager (Technology) 1 1
Project Development Manager (Business) 2 2
Regional Head 2 2
VP Wealth 241 99 155 60 45 600
Relationship Manager 62 24 38 15 11 150
Investment Specialist 14 4 7 3 2 30
Investment Officer 12 3 5 2 1 23
Relationship Manager – Team Lead 10 3 5 2 1 21
Total 348 133 210 82 60 833

SBI SO Vacancy 2024 (Backlog)

SBI has also notified some backlog vacancies for the post of VP Wealth, Relationship Manager, Investment Officer, Regional Head, etc. for reserved categories. Check the details in the table below.

Posts SC ST OBC Total
VP Wealth 16 9 18 43
Relationship Manager 47 52 24 123
Investment Officer 9 3 14 26
Relationship Manager – Team Lead 5 5 1 11
Regional Head 1 3 4
Total 78 69 60 207

SBI SO 2024 Apply Online

Candidates can apply for the SBI SO Recruitment 2024 on the official website of SBI @www.sbi.co.in. After confirming your eligibility, you can register and submit your application form by last date which is 8th August 2024. Click on the direct link below to apply for the SBI Specialist Officer vacancy 2024.

Steps to Apply for SBI Specialist Officer Recruitment 2024

Follow the steps given below to apply for the SBI SO 2024 Examination:

  1. Visit the official website of SBI at www.sbi.co.in.
  2. Now, click on ‘Careers’ and then click on “Current opening”.
  3. After that a series of latest notifications will appear on your screen. You need to click on ” ENGAGEMENT OF SPECIALIST CADRE OFFICERS ON CONTRACT BASIS FOR SBI WEALTH MANAGEMENT (Apply Online from 19.07.2024 to 08.08.2024 ) ADVERTISEMENT NO : CRPD/SCO/2024-25/09″.
  4. After clicking, you will get two options: “Login If Already Registered” and “Click for Registration”.
  5. You can choose the option accordingly. After SBI SO Registration, go to the Login Page. Enter the credentials. Click on Login.
  6. Enter all the essential details such as Name, Date of Birth, Address for Communication, Educational Qualifications, and work experience in the online application form.
  7. Upload your photograph and signature and Upload the required documents (academic and professional).
  8. Finally, make Payment to complete the online application form (Debit Card, Credit Card, UPI, Net Banking) for SBI SO 2024.
  9. Click the Submit button to complete the SBI SO Online form.

Pre-Requisites of SBI SO 2024 Online Application

Before Applying for SBI SO 2024, a candidate must have the following things ready to avoid any last-time glitches in the online application process:

  1. Candidates must have a Photograph and Signature Ready before applying for the SBI SO Online Application
  2. Candidates must NOT sign in CAPITAL LETTERS as it won’t be accepted.
  3. Keep all necessary documents ready when Online Payment of the Application Fee is online.
  4. A valid Email ID must be provided at the time of Registration.

SBI SO 2024 Application Fee

The SBI SO Application fee 2024 can be paid through Debit/Credit Card, Internet Banking, UPI BHIM, or any other payment gateway provided by the bank.

SBI SO Application Fee
Category  Application Fee
General/OBC/EWS Rs. 750/-
SC/PWD/ST 0

SBI SO Recruitment 2024 Eligibility Criteria

Only candidates who are eligible for the above-mentioned posts can apply for the SBI SO Recruitment 2024. The SBI SO Eligibility Criteria includes the age limit and educational qualification criteria. You can check the post-wise age limit and educational qualification shared below.

SBI SO Qualification (Post-wise) (As on 1/4/2024)

The qualification for all the posts is different, candidates can check the post-wise qualification and post-qualification details given below.

Post Name Qualification Experience
Central Research Team (Product Lead) Mandatory: MBA/PGDM/PGDBM from a recognized University or Institution or CA/CFA
Preferred Qualification: Preferred: NISM Investment Advisor/Research Analyst Certificate/CFP/NISM 21A or 21B
Mandatory: Post Qualification Experience of Minimum 5 years in Equity Research/Products experience in
Wealth Management/AMC (Mutual Fund)/Banks.
Central Research Team (Support) Mandatory: Graduate/Post-Graduate in Commerce/Finance/Economics/Management/Mathematics/Statistics from Government recognized University or Institution. Mandatory: Post Qualification Experience of Minimum 3 years in financial services providing support to Research / Publications department.
Project Development Manager (Technology) MBA/MMS/PGDM/ME/M.Tech./BE/B.Tech./PGDBM from Government recognized University or Institution. Minimum 4 years’ post qualification experience in banking Technology preferably in a business function
Project Development Manager (Business) Mandatory: MBA/PGDM/PGDBM from Government recognized University or Institution Mandatory: Post Qualification Experience of Minimum 5 years in Bank/wealth Management firms/broking
firms.
Preferred: Experience in Supervisory function in Business Process Management in Wealth Management area
Relationship Manager Graduate from Government recognized University or Institution Post-qualification experience of minimum 3 years as a Relationship Manager in Wealth  Management with leading Public/Private/Foreign Banks/Broking/ Security firms. The candidate should have 3 years of experience in building and managing relationship with High-Net-worth Clients (having a minimum Total
Relationship Value (TRV) of Rs 20.00 Lakh).
VP Wealth Mandatory: Graduate from Government recognized University or Institution.
Preferred: MBA (Banking/Finance/Marketing) with 60% from recognized University or Institution
Mandatory: Post Qualification Experience of minimum 6 years 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 Ultra High Net Worth Clients (having a minimum Total
Relationship Value (TRV) of Rs 100.00 Lakh).
Relationship Manager – Team Lead Mandatory: Graduate from Government recognized University or Institution. Mandatory: Post qualification experience of minimum 8 years in relationship management in wealth
management with leading Public/Private/Foreign banks/Broking/ Security firms.Preferred: Experience as a Team Lead is preferred
Regional Head Graduate from Government recognized University or Institution. Mandatory:
i. Post Qualification Experience of Minimum 12 years of experience in relationship management in wealth
management with leading Public/Private/Foreign Banks/Broking/Security firms.
ii. Post Qualification minimum 5 years of experience in leading a large team of Relationship Managers or a
Team Lead in Wealth Management is mandatory
Investment Specialist Mandatory:
i. MBA/PGDM/PGDBM from recognized College/University or CA/CFA
ii. Certification by NISM 21A (Valid)
Preferred: CA/CFP/NISM Investment Advisor / Research Analyst Certificate
Mandatory: Minimum 6 years of post-qualification experience as an investment advisor/counsellor/officer/part of
product team in Wealth Management organization
Investment Officer Mandatory:
i. MBA/PGDM/PGDBM from recognized College/University or CA/CFA
ii. Certification by NISM 21A
Preferred: CA/CFP/NISM Investment Advisor / Research Analyst Certificate
Mandatory: Minimum 4 years of post-qualification experience as an investment advisor/counselor/officer/part of
product team in Wealth Management organization

SBI SO Age Limit 2024

The minimum age limit starts from 23 to 30 years and the maximum age limit ranges from 35 to 50 years. The age slab is different for all posts and it is based on their qualification and experience. Check the post-wise age limit shared below.

Post Name Age Limit
Central Research Team (Product Lead) 30 to 45 years
Central Research Team (Support) 25 to 35 years
Project Development Manager (Technology) 25 to 40 years
Project Development Manager (Business) 30 to 40 years
Regional Head 35 to 50 years
VP Wealth 26 to 42 years
Relationship Manager 23 to 35 years
Investment Specialist 28 to 42 years
Investment Officer 28 to 40 years
Relationship Manager – Team Lead 28 to 42 years

SBI SO Recruitment 2024 Selection Process

The SBI SO Selection Process consists of the following stages:

  1. Shortlisting: A committee will set the shortlisting criteria, and a sufficient number of candidates will be selected for interviews as decided by the Bank. The Bank’s decision is final, and no correspondence will be entertained. Shortlisted candidates will be notified for the interview.
  2. Interview-cum-CTC Negotiation: The interview is worth 100 marks, with qualifying marks determined by the Bank. CTC Negotiation will occur individually during the interview. The Bank’s decision on these matters is final, and no correspondence will be entertained.
  3. Merit List: The merit list for selection will be based solely on interview scores, arranged in descending order. If multiple candidates have the same cut-off score, they will be ranked by age in descending order on the merit list.

SBI SO 2024 Salary (Post-wise)

The CTC for the SBI SO is negotiable and it is dependent upon the experience & current emoluments of candidates in the present employment & place of posting. Check the post-wise annuacl CTC in Lakhs given below.

Sl. No. Name of Post CTC Upper Range (Rs in Lakhs) Contract Period
1 Central Research Team (Product Lead) 61
5 Years (The first year will be the Probation period)
2 Central Research Team (Support) 20.5
3 Project Development Manager (Technology) 30
4 Project Development Manager (Business) 30
5 Relationship Manager 30
6 VP Wealth 45
7 Relationship Manager – Team Lead 52
8 Regional Head 66.5
9 Investment Specialist 44
10 Investment Officer 26.5

FAQs

Is the SBI SO Notification 2024 Out?

Yes, the SBI SO Notification 2024 has been released on 18th July 2024 on the official website of SBI @sbi.co.in.

What are the application dates for the SBI SO Online Apply 2024?

Candidates can fill out the SBI SO Application form 2024 from 19th July to 8th August 2024.

How can I apply for the SBI SO Recruitment 2024?

To apply for the SBI SO Recruitment 2024, candidates need to go the official website of SBI and then go to careers section. There you will find a number of latest announcements. Then you need to click on the SBI SO Recruitment 2024 Advt. No. CRPD/SCO/2024-25/09. Start with your registration and then fill out the application form and pay the application fee.

Where can I download the SBI SO Notification 2024 PDF?

Candidates can download the SBI SO Notification 2024 PDF on the official website of SBI or through the direct link shared in this article.

About the Author
Reetu
Reetu
Author

Hello! I am Reetu, a Postgraduate degree holder in English literature from Delhi University and working as SEO oriented Content Writer/Marketer in the Edtech Industry for the past 2 years. My area of interest and specialation is Banking, Regulatory Body, and State Exams in which i provide in depth knowledge of the exams. Follow me at Adda247 for more quality Content and latest updates.

TOPICS:

Leave a comment

Your email address will not be published. Required fields are marked *