SBI Recruitment 2024: Apply Online for 25 Vacancies for Head, Regional Manager and Other Posts
SBI Recruitment 2024: The State Bank of India (SBI) is inviting applications for the recruitment of eligible candidates to fill various positions, including Head (Product, Investment and Research), Zonal Head, Regional Head, Relationship Manager-Team Lead, and Central Research Team (Product Lead) on a contractual basis. As per the official SBI Recruitment 2024 notification, there are 25 vacancies available for these roles. General, EWS, and OBC candidates need to pay an application fee of Rs. 750, while SC, ST, and PwBD candidates are exempt from this fee. The contract tenure for selected candidates is 5 years. The postings will be in Mumbai, Chennai, Kolkata, or New Delhi.
The eligibility criteria for the positions include an age limit between 28 and 35 years for some roles, and 42 to 50 years for others. Candidates must hold a Graduate or Post Graduate degree from a recognized university or institution. Additionally, applicants should have at least 5 to 15 years of relevant work experience. The selection process will involve shortlisting, interviews, and CTC negotiations. Successful candidates will be offered a competitive CTC package, with the potential to earn up to Rs. 135 lakhs, depending on the position. Detailed salary information is provided in the official notification. Interested and eligible candidates can apply online through the official website before the application deadline.
Important Dates for SBI Recruitment 2024
The key dates for SBI Recruitment 2024 are as follows:
- Apply Online Start Date: 27 November 2024
- Last Date to Apply: 17 December 2024
- Last Date for Fee Payment: 17 December 2024
Available Positions and Vacancies for SBI Recruitment 2024
State Bank of India (SBI) is recruiting candidates for various positions on a contractual basis, including roles such as Head (Product, Investment and Research), Zonal Head, Regional Head, Relationship Manager- Team Lead, and Central Research Team (Product Lead). According to the official SBI recruitment notification for 2024, a total of 25 vacancies are available across these posts.
| Post Name | Vacancies |
|---|---|
| Head (Product, Investment and Research) | 1 |
| Zonal Head | 4 |
| Regional Head | 10 |
| Relationship Manager- Team Lead | 9 |
| Central Research Team (Product Lead) | 1 |
| Total | 25 |
Application Fee for SBI Recruitment 2024
According to the official SBI Recruitment 2024 notification, the application fee details are as follows:
- General/EWS/OBC candidates: Rs. 750
- SC/ST/PwBD candidates: Exempted from payment of the application fee
The fee payment must be made online via the available payment gateway. Candidates can use Debit Card, Credit Card, Internet Banking, or other methods as prompted on the screen. Any transaction charges for online payments, if applicable, will be borne by the candidates.
Age Limit for SBI Recruitment 2024
According to the official SBI Recruitment 2024 notification, the age limit for each position is as follows:
| Post Name | Minimum Age | Maximum Age |
|---|---|---|
| Head (Product, Investment and Research) | 35 years | 50 years |
| Zonal Head | 35 years | 50 years |
| Regional Head | 35 years | 50 years |
| Relationship Manager- Team Lead | 28 years | 42 years |
| Central Research Team (Product Lead) | 30 years | 45 years |
Place of Posting for SBI Recruitment 2024
As per the official notification for SBI Recruitment 2024, the selected candidates will be posted at various locations including Mumbai, Chennai, Kolkata, and New Delhi. The specific posting locations for each position are as follows:
| Post Name | Place of Posting |
|---|---|
| Head (Product, Investment and Research) | Mumbai |
| Zonal Head | Mumbai/Chennai/Kolkata/New Delhi |
| Regional Head | Pan India |
| Relationship Manager- Team Lead | Pan India |
| Central Research Team (Product Lead) | Mumbai |
Qualification for SBI Recruitment 2024
As per the official notification for SBI Recruitment 2024, candidates applying for the various positions must meet the following qualifications:
Head (Product, Investment and Research)
- Essential Qualification: Graduation/Post-Graduation from a Government-recognized University, Institution, or Reputed College.
- Preferred Qualification: Knowledge and experience in market analytics and a passion for research in economic trends and products.
Zonal Head
- Essential Qualification: Graduation from a Government-recognized University or Institution.
Regional Head
- Essential Qualification: Graduation from a Government-recognized University or Institution.
Relationship Manager- Team Lead
- Essential Qualification: Graduation from a Government-recognized University or Institution.
Central Research Team (Product Lead)
- Essential Qualification: Post-graduation in Economics, Commerce, Finance, Accountancy, Business Management, Statistics, or Business Administration from a Government-recognized University or Institution, or CA/CFA.
- Preferred Qualification: NISM Investment Advisor/Research Analyst Certificate, CFP, or NISM 21A/21B.
Experience Required for SBI Recruitment 2024
Candidates applying for various positions in the SBI Recruitment 2024 should have the following experience:
Head (Product, Investment and Research)
- Minimum 12 years of relevant experience in financial services, product development, investment advisory, and private banking.
- At least 8 years of experience in wealth management (part of the total 12 years).
- Strong knowledge of equity products, PMS, alternative investments, and mutual funds.
- Experience in product development and structuring for private wealth clients.
- Experience in managing investment counsellors/advisors at a national level in leading banks/financial institutions.
Zonal Head
- At least 15 years of experience in managing sales in wealth management, retail banking, investments in financial services, or asset management.
- A minimum of 5 years leading a large team of relationship managers, preferably in the wealth management business.
Regional Head
- Minimum 12+ years of post-qualification experience in relationship management, preferably in wealth management, with leading public/private/foreign banks, broking/security firms, or asset management companies.
- At least 5+ years of experience leading a large team of relationship managers or team leads, preferably in wealth management.
Relationship Manager- Team Lead
- At least 8 years of post-qualification experience in relationship management, preferably in wealth management with leading banks, broking/security firms, or asset management companies.
- Experience as a Team Lead is preferred.
Central Research Team (Product Lead)
- At least 5 years of experience in equity research/products in wealth management, AMC (mutual funds), or banks.
- Preferred experience of 8 years in equity/fixed income research, mutual fund research analytics.
- Strong knowledge of local and global economic trends.
- Expertise in local primary/secondary equity markets, fixed income, and PMS/AIF/MF/structured products schemes in India.
- Experience in creating research publications on capital market/sector trends.
- Proficiency in Excel, modeling techniques, Bloomberg, Reuters, Morning Star, CRISIL databases.
- Strong understanding of equity and all exchange-traded products, including bonds, INVIT, MLDs, REITs, and Section 54 EC bonds.
Tenure for SBI Recruitment 2024
As per the official SBI Recruitment 2024 notification, the selected candidates will be appointed for an initial tenure of 5 years. This tenure may be extended for an additional 4 years at the bank’s discretion, subject to the fulfillment of any conditions specified by the bank.
CTC Range for SBI Recruitment 2024
As per the official SBI Recruitment 2024 notification, the selected candidates will receive a competitive compensation package, with the upper range of the CTC as follows:
| Post Name | CTC Upper Range (Rs. in Lakhs) |
|---|---|
| Head (Product, Investment and Research) | Rs. 135 |
| Zonal Head | Rs. 88.10 |
| Regional Head | Rs. 66.40 |
| Relationship Manager- Team Lead | Rs. 51.80 |
| Central Research Team (Product Lead) | Rs. 61.20 |
Selection Process for SBI Recruitment 2024
As outlined in the official SBI Recruitment 2024 notification, the selection process for the listed positions will involve the following steps:
- Shortlisting of candidates
- Interview
- CTC negotiations
How to Apply for SBI Recruitment 2024
To apply for SBI Recruitment 2024, follow the steps outlined below:
- Register Online: Visit the SBI website and register through the available link.
- Prepare Documents: Scan your latest photograph and signature for uploading.
- Fill the Application: Complete the application form with accurate details.
- Submit Application: After filling out the application, submit it online.
- Pay the Application Fee: Submit the required application fee as per the instructions.
- Final Submission: Click on ‘Submit’ to complete the process.
- Print for Reference: Take a printout of the submitted application for future reference.
The last date for submitting the online application form is 17.12.2024.
FAQs for SBI Recruitment 2024
Here are answers to some common queries about SBI Recruitment 2024:
- What is the last date to submit the applications for SBI Recruitment 2024?
The last date to apply is 17.12.2024. - Which degree is required for SBI Recruitment 2024?
A qualification in MD (Medicine), MS (General Surgery), or MBBS is required. - What is the contract period for SBI Recruitment 2024?
The selected candidate will be appointed for a 5-year contract.
SBI Recruitment 2024 Notification PDF & Apply Online Form Link
| Notification PDF | Click Here |
| Apply Online | Click Here |
