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SBI Wealth & Premier Banking 2026 - 6 Senior Specialist Seats Across 5 Different Job Families

This is six vacancies but not six versions of the same job: SBI is hiring across five distinct specialist tracks—sales leadership, investment research/product, wealth business process, banking technology and central operations. Head Sales carries a headline CTC ceiling of ₹1.99 crore, but SBI identifies about ₹1.47 crore as fixed pay with the rest shaped by allowances/performance components. COT Support is the only graduate-only route; the other tracks demand management/technical/professional credentials plus targeted experience.

CRPD/SCO/2026-27/25Posted 30 Sept 202618 days left

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State Bank of India Banking Finance Bachelor's Degree Postgraduate Degree

Total vacancies

Last date

21 Oct 2026

Application mode

Online

Job location

India

Organization profile

About the Recruiting Organization

Organization information attached to this recruitment record.

Recruiting AuthorityRecruiting authority

State Bank of India

PsuPublic Sector BankCentralBanking Finance

Organization code

SBI

Official jobs

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Official website

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About this Recruitment

Recruitment-specific overview from the published record.

The small vacancy count is exactly why this SBI notice should not be read like volume recruitment. Six seats are spread across five different job families, meaning candidates are competing inside narrow specialist pools rather than one common merit list. Head Sales is a one-seat leadership search; Product Lead has two seats; Business Process, Technology and Central Operations have one each.

The academic pattern is deliberately uneven. Head Sales and Manager Business Process are management-postgraduate roles. Product Lead accepts management education or CA/CFA. Project Development Manager opens an engineering/technology route as well as advanced management/technology qualifications. COT Support is the only role where a general graduation can satisfy the education line—but even there, SBI expects financial-services experience and meaningful central wealth-operations exposure.

Experience is therefore the better first filter than degree name. Head Sales needs about 15 years and roughly eight years of large-team leadership; Product Lead and Business Process need around five years in sharply relevant work; Technology needs about four; COT Support needs about three with a central-operations component. A candidate with a fashionable degree but the wrong work history is not competitive.

The ₹1.99 crore headline attached to Head Sales also needs context. SBI's structure shows about ₹1.47 crore as fixed pay, a small stated allowance component and performance-linked pay that can materially affect final package. The same fixed-versus-variable logic applies through the other roles. CTC ceiling is therefore best treated as an upper negotiated package, not an automatic annual payout.

The suggested work base is Mumbai, but SBI retains deployment/transfer flexibility. Selection is shortlist → interview → CTC negotiation, so evidence of directly relevant achievement, scale of responsibility and domain depth matters more than a generic exam-preparation approach. The contract framework is long enough to look stable but extension remains discretionary; applicants should not mentally convert a contract offer into permanent service. Online applications run from 30 September to 21 October 2026.

Full TimeContractOnsiteBanking Finance

Sarkari Sapna

Post-wise Vacancies

Open a post to view qualification, experience, age, salary, location, responsibilities and post-specific instructions.

1 vacancies

Head Sales

Qualification: MBA / PGDM or equivalent management qualification. The academic credential is only the baseline; the practical filter is about 15 years in sales-team management in wealth/retail banking/AMC, including around 8 years leading a large RM/Team Lead structure.

Age: 40–52 years

Pay: Up to ₹1,99,00,000 / year

UR: 1

Educational qualification

MBA / PGDM or equivalent management qualification. The academic credential is only the baseline; the practical filter is about 15 years in sales-team management in wealth/retail banking/AMC, including around 8 years leading a large RM/Team Lead structure.

Experience

Details: About 15 years in sales-team management in wealth/retail banking/AMC, including around 8 years leading a large RM/Team Lead structure. · Required: Yes · Minimum Years: 15

Age relaxation

Description: Category relaxation applies only as provided in SBI's advertisement; use the post's own vertical reservation before assuming benefit.

Job location

India

Skills

Sales / Wealth / Retail BankingSpecialist banking executionStakeholder management

Post description

One seat at the very top of the sales pyramid. The 15-year experience requirement and eight-year large-team leadership expectation matter more than the management degree itself.

Duties

Deliver the specialist responsibilities attached to the Head Sales function within SBI Wealth Management & Premier Banking.

Post-specific instructions

Treat the stated Mumbai location as a suggested placement, not an irrevocable no-transfer promise.

Reservation note

UR-01 = 1.

2 vacancies

Central Research Team (Product Lead)

Qualification: MBA / PGDM or CA / CFA route. The academic credential is only the baseline; the practical filter is at least about 5 years in equity research/product work across wealth, AMC or banking; SBI prefers deeper research/analytics exposure.

Age: 30–45 years

Pay: Up to ₹77,20,000 / year

SC: 1UR: 1

Educational qualification

MBA / PGDM or CA / CFA route. The academic credential is only the baseline; the practical filter is at least about 5 years in equity research/product work across wealth, AMC or banking; SBI prefers deeper research/analytics exposure.

Experience

Details: At least about 5 years in equity research/product work across wealth, AMC or banking; SBI prefers deeper research/analytics exposure. · Required: Yes · Minimum Years: 5

Age relaxation

Description: Category relaxation applies only as provided in SBI's advertisement; use the post's own vertical reservation before assuming benefit.

Job location

India

Skills

Equity Research / Wealth Products / FinanceSpecialist banking executionStakeholder management

Post description

A research/product seat rather than an RM role. CA/CFA is an official alternative to the management-postgraduate route.

Duties

Deliver the specialist responsibilities attached to the Central Research Team (Product Lead) function within SBI Wealth Management & Premier Banking.

Post-specific instructions

Treat the stated Mumbai location as a suggested placement, not an irrevocable no-transfer promise.

Reservation note

SC-01, UR-01 = 2.

1 vacancies

Manager (Business Process)

Qualification: MBA / PGDM or equivalent management qualification. The academic credential is only the baseline; the practical filter is around 5 years in banking, wealth or broking, with wealth-business process exposure particularly relevant.

Age: 30–40 years

Pay: Up to ₹47,20,000 / year

UR: 1

Educational qualification

MBA / PGDM or equivalent management qualification. The academic credential is only the baseline; the practical filter is around 5 years in banking, wealth or broking, with wealth-business process exposure particularly relevant.

Experience

Details: Around 5 years in banking, wealth or broking, with wealth-business process exposure particularly relevant. · Required: Yes · Minimum Years: 5

Age relaxation

Description: Category relaxation applies only as provided in SBI's advertisement; use the post's own vertical reservation before assuming benefit.

Job location

India

Skills

Banking / Wealth / Business ProcessSpecialist banking executionStakeholder management

Post description

This role is about making wealth operations/processes work better, not frontline selling.

Duties

Deliver the specialist responsibilities attached to the Manager (Business Process) function within SBI Wealth Management & Premier Banking.

Post-specific instructions

Treat the stated Mumbai location as a suggested placement, not an irrevocable no-transfer promise.

Reservation note

UR-01 = 1.

1 vacancies

Project Development Manager (Technology)

Qualification: B.E./B.Tech./M.E./M.Tech. or MBA/MMS/PGDM/PGDBM route. The academic credential is only the baseline; the practical filter is around 4 years in banking technology, preferably close to business-function delivery.

Age: 25–40 years

Pay: Up to ₹47,20,000 / year

UR: 1

Educational qualification

B.E./B.Tech./M.E./M.Tech. or MBA/MMS/PGDM/PGDBM route. The academic credential is only the baseline; the practical filter is around 4 years in banking technology, preferably close to business-function delivery.

Experience

Details: Around 4 years in banking technology, preferably close to business-function delivery. · Required: Yes · Minimum Years: 4

Age relaxation

Description: Category relaxation applies only as provided in SBI's advertisement; use the post's own vertical reservation before assuming benefit.

Job location

India

Skills

Technology / Banking Technology / Business SystemsSpecialist banking executionStakeholder management

Post description

The only role in this notice where engineering/technology education can be the primary academic route.

Duties

Deliver the specialist responsibilities attached to the Project Development Manager (Technology) function within SBI Wealth Management & Premier Banking.

Post-specific instructions

Treat the stated Mumbai location as a suggested placement, not an irrevocable no-transfer promise.

Reservation note

UR-01 = 1.

1 vacancies

Central Operations Team (COT) Support

Qualification: Graduation in any discipline. The academic credential is only the baseline; the practical filter is around 3 years in financial services/advisory/private banking/wealth, including about 2 years in central wealth operations.

Age: 30–40 years

Pay: Up to ₹37,20,000 / year

OBC: 1

Educational qualification

Graduation in any discipline. The academic credential is only the baseline; the practical filter is around 3 years in financial services/advisory/private banking/wealth, including about 2 years in central wealth operations.

Experience

Details: Around 3 years in financial services/advisory/private banking/wealth, including about 2 years in central wealth operations. · Required: Yes · Minimum Years: 3

Age relaxation

Description: Category relaxation applies only as provided in SBI's advertisement; use the post's own vertical reservation before assuming benefit.

Job location

India

Skills

Financial Services / Wealth OperationsSpecialist banking executionStakeholder management

Post description

The only graduate-only route in this six-seat notice, but it still requires targeted wealth/central-operations experience.

Duties

Deliver the specialist responsibilities attached to the Central Operations Team (COT) Support function within SBI Wealth Management & Premier Banking.

Post-specific instructions

Treat the stated Mumbai location as a suggested placement, not an irrevocable no-transfer promise.

Reservation note

OBC-01 = 1.

Sarkari Sapna

Eligibility & Qualification

Recruitment-level qualifications and eligibility rules. Post-specific conditions are also shown inside each vacancy card.

Bachelor's Degree Postgraduate Degree

Five roles, different academic gateways

Management postgraduate, CA/CFA, engineering/technology and graduate routes vary by role; there is no single common qualification for all six seats.

Domain experience outranks generic banking tenure

Role-specific experience ranges from about 3 years in central wealth operations to 15 years in senior sales leadership.

Min: 3 yearsMax: 15 yearsMandatory

Sarkari Sapna

Age Limit & Relaxation

Recruitment-level age criteria. Post-specific age conditions remain visible inside each vacancy card.

Minimum age

Maximum age

Reference date

30 Sept 2026

Age relaxation: 25–52 is only the combined envelope. Each of the five roles has its own age band; use the post-level field before deciding eligibility.

Sarkari Sapna

Application Fee

Category-wise application fee information.

Applicant category

General / OBC / EWS

₹750

ApplicationNon-refundable

₹750 application fee/intimation charge. Treat payment as a final submission step: the amount is non-refundable once paid.

Applicant category

SC / ST / PwBD

Exempted

ApplicationNon-refundable

No application fee/intimation charge is payable by eligible SC/ST/PwBD applicants.

Sarkari Sapna

Salary & Pay Scale

Post-wise salary, stipend or pay-matrix information.

Head Sales

Up to ₹1,99,00,000 / year

Negotiable annual CTC up to ₹199 lakh

Negotiable annual CTC ceiling: ₹199 lakh. Fixed-pay component shown by SBI: about ₹147 lakh. Listed annual allowances: about ₹0.38 lakh. Performance-linked pay may contribute up to 35% under SBI's stated package structure. The headline CTC is a ceiling/package figure, not a guaranteed fixed cash salary.

Central Research Team (Product Lead)

Up to ₹77,20,000 / year

Negotiable annual CTC up to ₹77.2 lakh

Negotiable annual CTC ceiling: ₹77.2 lakh. Fixed-pay component shown by SBI: about ₹57 lakh. Listed annual allowances: about ₹0.38 lakh. Performance-linked pay may contribute up to 35% under SBI's stated package structure. The headline CTC is a ceiling/package figure, not a guaranteed fixed cash salary.

Manager (Business Process)

Up to ₹47,20,000 / year

Negotiable annual CTC up to ₹47.2 lakh

Negotiable annual CTC ceiling: ₹47.2 lakh. Fixed-pay component shown by SBI: about ₹34.75 lakh. Listed annual allowances: about ₹0.32 lakh. Performance-linked pay may contribute up to 35% under SBI's stated package structure. The headline CTC is a ceiling/package figure, not a guaranteed fixed cash salary.

Project Development Manager (Technology)

Up to ₹47,20,000 / year

Negotiable annual CTC up to ₹47.2 lakh

Central Operations Team (COT) Support

Up to ₹37,20,000 / year

Negotiable annual CTC up to ₹37.2 lakh

Negotiable annual CTC ceiling: ₹37.2 lakh. Fixed-pay component shown by SBI: about ₹27.32 lakh. Listed annual allowances: about ₹0.32 lakh. Performance-linked pay may contribute up to 35% under SBI's stated package structure. The headline CTC is a ceiling/package figure, not a guaranteed fixed cash salary.

Sarkari Sapna