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SBI Recruitment 2020 64 Specialist Cadre Officers (SCO) Posts

SBI Recruitment 2020 - SBI invites Online applications for recruitment of 64 Head (Product, Investment & Research), Central Research Team (Portfolio Analysis & Data Analytics), Central Research Team (Support), Investment Officer, Project Development Manager (Technology), Relationship Manager, Relationship Manager (Team Lead) Posts. The applicants are requested to Download Application Form through Official Website https://www.sbi.co.in/web/careers. This online facility will be available in the Official website https://www.sbi.co.in/web/careers from 23.06.2020 to 13.07.2020 Interested candidates are requested to peruse the advertisement regarding the process of Examinations and Interview, Eligibility Criteria, Application Fee, How to Apply, Pattern of Examination, Syllabus, Question Paper, Admit Date, Exam Date, Result Date etc,. Refer thoroughly before applying.

SBI Recruitment 2020 64 Specialist Cadre Officers (SCO) Posts:
Organization Name: State Bank of India

Job Category: Central Govt Jobs

Total No of Vacancies: 64

Job Location: All Over India
Latest SBI Vacancy Details:
Name of the Post & No of Vacancies:
ONLINE Applications are invited from the eligible candidates for appointment to the Following Posts:
SI No
Name of Post
No. of Post
Fresh Vacancies
1.
Head (Product, Investment & Research)
01
2.
Central Research Team (Portfolio Analysis & Data Analytics)
01
3.
Central Research Team (Support)
01
4.
Investment Officer
09
5.
Project Development Manager (Technology)
01
Backlog vacancies
6.
Relationship Manager
48
7.
Relationship Manager (Team Lead)
03
Total
64

Eligibility Criteria for SBI Vacancy 2020:
Educational Qualification: (As on 01.03.2020)
SI No
Name of Post
Qualification
1.
Head (Product, Investment & Research)
Graduation/Post Graduation from Government recognized University/Institution or Reputed Colleges.
• Other preferred qualification: Knowledge and Experience in Market Analytics and Passion for Research in Economics trend and Products.
Essential Experience: Minimum 12 years of relevant work experience in financial services, financial product development and private banking. Minimum 8 years of experience in Wealth Management. (Total 12 years’ experience is inclusive of 8 years)
Excellent knowledge of Equity Products, PMS, Alternate Investments, Mutual Funds.
Experience in Product Development and Structuring for Private Wealth Clients.
Experience in managing a team of Officers at a National Level with Leading Banks/ Financial Institutions.

2.
Central Research Team (Portfolio Analysis & Data Analytics)
MBA/PGDM/Post graduation in Statistics/ Data Analytics from Government recognized University or Institution + Minimum 5 years of experience in Fixed Income Research/ MF Research/ Equity and Derivative Research/ Portfolio Analytics in Wealth Management Firm/ Bank/ Equity Broking Firm/ AMC.
3.
Central Research Team (Support)
Candidate should have minimum work experience of 3 years in financial services providing support to Research/ Publications departments.
Preferred Skills:
Candidate should be proficient in Microsoft Excel, Power point, Word, Outlook.
Candidate should have inclination to undertake research by reading various reports or websites.
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.
4.
Investment Officer
Graduates/ Postgraduates from Government recognized University or Institution.
Certification by NISM/CWM mandatory.
CFP preferred
Minimum 5 years of experience as an investment officer/part of product team in Wealth Management organisation.
Good knowledge of investments and markets across asset classes.
Experience in managing client portfolios.
5.
Project Development Manager (Technology)
MBA/MMS/PGDM/M.E/M.Tech/B.E/B.Tech from Government recognized University or Institution + Minimum 4 years’ experience in banking technology preferably in a business function.
6.
Relationship Manager
Graduate from Government recognized University or Institution. Minimum 3 years’ experience 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.
7.
Relationship Manager (Team Lead)
Graduate from Government recognized University or Institution + Minimum 8 years of experience in relationship management in wealth management. Experience as a Team Lead is preferred.
Age Limit: (As on 01.03.2020)
SI No
Name of Post
Min Age Limit
Max Age Limit
1.
Head (Product, Investment & Research)
35
50
2.
Central Research Team (Portfolio Analysis & Data Analytics)
30
40
3.
Central Research Team (Support)
25
35
4.
Investment Officer
28
40
5.
Project Development Manager (Technology)
25
40
6.
Relationship Manager
23
35
7.
Relationship Manager (Team Lead)
28
40
Candidates Relaxation in Upper Age limit will be provided as per Govt. Rules. Go through SBI official Notification 2020 for more reference

Salary Details:
SI No
Name of Post
Pay scale
1.
Head (Product, Investment & Research)
₹.80.00 lacs to ₹.99.62 lacs
2.
Central Research Team (Portfolio Analysis & Data Analytics)
₹.25.00 lacs to ₹.50.00 lacs
3.
Central Research Team (Support)
₹.7.00 lacs to ₹.10.00 lacs
4.
Investment Officer
₹.12.00 lacs to ₹.18.00 lacs
5.
Project Development Manager (Technology)
₹.12.00 lacs to ₹.18.00 lacs
6.
Relationship Manager
₹.6.00 lacs to ₹.15.00 lacs
7.
Relationship Manager (Team Lead)
₹.10.00 lacs to ₹.28.00 lacs

Selection Procedure for SBI:
Selection Procedure:
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: 
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.
iv. On successful completion of the transaction, e-receipt and application form, bearing the date of submission by the candidate, will be generated which should be printed and retained by the candidate

How to apply for SBI Specialist Cadre Officers (SCO) Post:  
Interested applicants may apply ONLINE in the prescribed application format available at https://www.sbi.co.in/web/careers. Click on the link “Apply Online”. Please keep your personal details, qualification details, details of references, experience details, other relevant details, and soft copy of the passport size photograph with you before starting the online application.
Important Dates for SBI Specialist Cadre Officers (SCO) Post: 
Starting Date for Submission of Application
23.06.2020
Last date for Submission of Application
13.07.2020

SBI Specialist Cadre Officers (SCO) Official Notification & Application Link:
SBI Official Website Career Page
SBI Official Notification PDF
SBI Online Application Form
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