SBI Recruitment 2021 567 SCO Posts

SBI Recruitment 2021 has released for various roles. Want to apply for it? Here we have updated most of the details below. You are right place to check all details. 

Organization Name: State Bank of India














Advertisement No: CRPD/SCO-WEALTH/2021-22/17 Date: 28-09-2021

Job Category:Central Govt Jobs 

Employment Type: Contract Basis

Total No of Vacancies: 
567 Specialist Cadre Officer (SCO) Posts


SBI Specialist Cadre Officer (SCO) Eligibility Criteria:

Educational Qualification: (As on 01.08.2021)

1. Relationship Manager -

Educational Qualification: Graduates from Government recognised University or Institution

Post-Qualification Experience: 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 adequate experience in building and managing relationship with High-Net-worth Clients (having a minimum Total Relationship Value (TRV) of Rs 20.00 Lakh).

2. Relationship Manager (Team Lead) -

Educational Qualification: Graduates from Government recognised University or Institution

Post-Qualification Experience:

1.Post qualification experience of minimum 8 years in relationship management in wealth management with leading Public/Private/Foreign banks/Broking/ Security firms.

2.Experience as a Team Lead is preferred.

3. Customer Relationship Executive -

Educational Qualification: Graduates from Government recognised University or Institution

Post-Qualification Experience:

1.Experience in documentation requirements of financial products and good communications skills would be desirable.

Specific Skills Required:

1.Should Have A Valid Driving Licence For Two-Wheeler (Mandatory)

4. Investment Officer -

Educational Qualification:

Graduates / Post Graduates from Government recognised University or Institution.

Mandatory: Certification by NISM/CWM Preferred: CA/CFP (As on 01/08/2021)

Post-Qualification Experience: Minimum 5 years of post-qualification experience as an investment advisor/counsellor/part of product team in Wealth Management organisation.

Preferred Experience:

a) Good knowledge of investments and markets across asset classes.

b) Experience in managing and guiding client portfolios.

c) Good knowledge of asset allocation and re-balancing techniques.

d) Superior presentation skills & other core competencies like leadership and team work.

e) Experience in products of fixed income, equity & alternate markets.

5. Central Research Team (Product Lead) -

Educational Qualification: MBA/PGDM from recognised College/University or CA/CFA

Preferred: NISM Investment Advisor / Research Analyst Certificate/CFP( As on 01/08/2021)

Post-Qualification Experience: Minimum 5 years post qualification experience in Equity Research/Products experience in Wealth Management / AMC (Mutual Funds) / Banks.

Preferred Experience:

a) Minimum 8 years’ experience in Equity/Fixed Income Research/MF Research Analytics

b) Excellent Knowledge on local and global economic trends

c) Excellent Knowledge on local Primary/Secondary Equity Markets/Fixed Income and on PMS/AIF/MF/ Structured Products schemes in India.

d) Experience in creating views and research-based publication on capital Market / sector trends.

e) Proficiency in using Excel / Modeling techniques / Bloomberg / Reuters /Morning Star / CRISIL data bases.

f) Flair for equity, understanding of all exchange traded products including bonds, INVIT, MLDs, REITs, Section 54 EC Bonds

6. Central research Team (Support) -

Educational Qualification: Graduate/Post Graduate in

- Commerce/ Finance/Economics/ Management/ Mathematics/ Statistics from Government recognized University or Institution.

Post-Qualification Experience: Candidate should have post qualification experience of minimum 3 years work experience in financial services providing support to Research / Publications departments.

Preferred Skills:

a) Candidate should be proficient in Microsoft Excel, Power point, Word, Outlook.

b) Candidate should have inclination to undertake research by reading various reports or websites.

c) Candidate should be able to support Research team by aggregating and providing support for analysing data through various research tools / software like BLOOMBERG, REUTERS, CRISIL, ICRA etc



Age Limit: (As on 01.08.2021)

SI No

Name of Post

Age Limit

Relationship Manager

23 to 35 Years

Relationship Manager (Team Lead)

28 to 40 Years

Customer Relationship Executive

20 to 35 Years


Investment Officer

28 to 40 Years


Central Research Team (Product Lead)

30 to 45 Years


Central research Team (Support)

25 to 35 Years

The Upper age limit is relaxed by 5 years for SC/ST; 3 years for OBC, 10 Years for Persons with Disabilities (15 years for SC/ST PWD’s & 13 years for OBC PWD’s) and for Ex-S as per Govt. of India rules. Candidates Relaxation in Upper Age limit will be provided as per Govt. Rules. Go through SBI official Notification 2021 for more reference
 

CTCRange:

1. Relationship Manager - Rs. 6-15 lakhs

2. Relationship Manager (Team Lead) - Rs. 10-28 lakhs

3. Customer Relationship Executive - Rs. 2-3 lakhs

4. Investment Officer - Rs. 12-18 lakhs

5. Central Research Team (Product Lead) - Rs. 25-45 lakhs

6. Central research Team (Support) - Rs. 7-10 lakhs

 Selection process details are

The selection will be based on shortlisting and interview. Mere fulfilling minimum qualification and experience will not vest any right in candidate for being called for interview. The shortlisting committee constituted by the bank will decide the shortlisting parameters and thereafter, adequate number of candidates, as decided by the bank will be shortlisted and called for interview. The decision of the bank to call the candidates for the interview shall be final. No correspondence will be entertained in this regard.

 
Merit List: Merit List for selection will be prepared in descending order on the basis of scores obtained in interview only. In case more than one candidate score the cut-off marks (common marks at cut-off point), such candidates will be ranked according to their age in descending order, in the merit.



Application Fee/Exam Fee for SBI Specialist Cadre Officer (SCO): 

i. Application fees and Intimation Charges (Non-refundable) is 750/- ( Seven Hundred Fifty only) for General/EWS/OBC candidates and no fees/intimation charges for SC/ ST/ PWD candidates.

ii. After ensuring correctness of the particulars in the application form, candidates are required to pay the fees through payment gateway integrated with the application. No change/ edit in the application will be allowed thereafter.

iii. Fee payment will have to be made online through payment gateway available thereat. The payment can be made by using Debit Card/ Credit Card/ Internet Banking etc. by providing information as asked on the screen. Transaction charges for online payment, if any, will be borne by the candidates.

 
Procedure to apply

Candidate(s) fulfilling all the above clearly laid down criteria will have to apply online only through the link on the SBI website in the careers webpage under current openings section i.e. https://sbi.co.in/ from 28-09-2021 to 18-10-2021. No other mode of application will be accepted.

 

Dates are
Starting Date for Submission of Application

28-09-2021

Last date for Submission of Application

18-10-2021

Apply mode : Online
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