State Bank of India has announced SBI SCO Recruitment 2026 for its Wealth Management vertical, inviting applications for 207 posts across seven roles — Zonal Head, Regional Head, Relationship Manager-Team Lead, Investment Specialist, Investment Officer, VP Wealth and AVP Wealth. This is one of the larger specialist cadre drives from SBI this season, aimed at professionals from the wealth management and private banking industry.
Under this SBI SCO Recruitment 2026 notification, most posts require an MBA along with relevant years of sales, relationship management or investment advisory experience in wealth management firms, banks or AMCs. Selected candidates are engaged on a 5-year renewable contract with attractive CTC packages that go up to Rs. 97 lakh for the Zonal Head post.
Overview of SBI SCO Recruitment 2026 (Wealth Management)
Zonal Head (Retail): Graduate with MBA preferred; 15+ years managing sales in wealth/retail banking, including 5 years leading teams.
Regional Head: Graduate with MBA preferred; 12+ years relationship management in wealth management, including 5 years leading teams.
RM-Team Lead: Graduate with MBA preferred; 8+ years relationship management in wealth management.
Investment Specialist/Officer: PG in Finance/Commerce/Economics or CA/CFA, with 4–6 years post-qualification investment advisory experience.
VP Wealth: Graduate with MBA preferred; 6+ years sales & marketing in banks/wealth firms/AMCs.
AVP Wealth: Graduate with PG in finance/marketing preferred; 3–4 years relevant sales/relationship management experience.
Age Limit (as on 31.08.2026): Ranges from 23 years (AVP Wealth) to 50 years (Zonal Head/Regional Head), depending on the post.
Compensation
CTC ranges up to Rs. 97 lakh for Zonal Head, Rs. 66.40 lakh for Regional Head, Rs. 51.80 lakh for RM-Team Lead, Rs. 44.50 lakh for Investment Specialist, Rs. 27.10 lakh for Investment Officer, Rs. 44.70 lakh for VP Wealth and Rs. 30.20 lakh for AVP Wealth. The contract is for 5 years, renewable for up to 4 additional years.
Selection Process
Shortlisting of applications by a review committee.
Q1: How many total vacancies are there under this SBI SCO Recruitment 2026 wealth drive?
A: A total of 207 vacancies are notified across seven wealth management posts.
Q2: What is the maximum CTC offered under this recruitment?
A: The Zonal Head post offers a CTC of up to Rs. 97 lakh per annum.
Q3: Can a candidate apply for multiple posts?
A: Yes, candidates may apply for multiple posts if they meet all the eligibility criteria for each.
Q4: What is the contract tenure for selected candidates?
A: The initial contract is for 5 years, renewable for up to 4 additional years at the bank’s discretion.
Q5: What is the last date to apply online?
A: The online application window closes on 25 September 2026.
Wealth management professionals with the requisite experience should carefully match their profile to one of the seven post codes under SBI SCO Recruitment 2026 and apply online before 25 September 2026.
