SBI Specialist Cadre Officer Recruitment 2026: Apply Online for Chief Manager & Manager Posts Under Advt CRPD/SCO/2026-27/26
15-Second Executive Decision Summary
Verified key decision factors extracted directly from official notification
7
Chief Manager (Product & Research - Forex & Rupee Derivatives), Manager (Product & Research Analyst - Forex & Rupee Derivatives)
MBA PGDM
Verify My Eligibility25 – 40 Yrs
as on 1 Oct 2026
₹85,920–₹1,20,940
View In-Hand SimulatorAbout this Recruitment
State Bank of India (SBI), the country's largest commercial bank, has announced recruitment notification Advertisement No. CRPD/SCO/2026-27/26 for Specialist Cadre Officer (SCO) positions on a regular basis. The recruitment drive is open for 7 high-impact leadership positions in SBI's Global Markets Unit, comprising 1 post of Chief Manager (Product & Research - Forex & Rupee Derivatives) in SMGS-IV scale and 6 posts of Manager (Product & Research Analyst) in MMGS-III scale. Candidates holding an MBA / PGDM in Finance or CA / CFA / ICWA qualifications with relevant market experience in derivatives, forex, and structured products are eligible to apply. Selection is based on shortlisting and an in-depth personal interview. Online registration and fee payment are active on sbi.bank.in from 02 November 2026 to 23 November 2026.
✨ Copilot Highlights
- High-profile Specialist Cadre Officer openings in SBI Global Markets Treasury Unit in Mumbai.
- Leadership posts in MMGS-III (Manager) and SMGS-IV (Chief Manager) scales on permanent regular probation.
- Attractive 12th Bipartite compensation: Basic pay up to ₹1,20,940/- with bank leased residential accommodation in Mumbai.
- Eligibility: MBA (Finance), PGDM, CA, CFA, or ICWA with 4 to 7 years of specialized market experience.
- Direct selection via shortlisting and 100-mark Personal Interview with no written screening test.
- Application window open from 02 November 2026 to 23 November 2026 via sbi.bank.in.
Age Limit & Eligibility Calculator
Minimum Age
25 Years
Maximum Age
40 Years
* Age calculated as on: 1 October 2026
Category-Wise Age Relaxations:
⚡ Am I Eligible? (Instant Age & Cut-off Verifier)
Select your DOB and category (Calculated as on 1 October 2026)
Important Dates & Timeline
Notification Released
2 November 2026
Application Start Date
2 November 2026
Last Date to Apply
23 November 2026
Vacancy Breakdown
| Post Name | Vacancies | Eligibility |
|---|---|---|
| Chief Manager (Product & Research - Forex & Rupee Derivatives) | 1 | MBA PGDM |
| Manager (Product & Research Analyst - Forex & Rupee Derivatives) | 6 | MBA PGDM |
Pay Scale & In-Hand Salary Simulator
Pay Level / Grade: Chief Manager (SMGS-IV): Pay scale ₹1,02,300 – ₹1,20,940; Manager (MMGS-III): Pay scale ₹85,920 – ₹1,05,280 as per 12th Bipartite Settlement plus DA, HRA/Bank Leased Accommodation, CCA, and bank perks
Official Pay Scale
₹85,920 – ₹1,20,940
₹1,00,189
/ month (take-home)Credited directly to the candidate's salary account after statutory NPS (10%) and medical deductions.
Approx Annual Gross (CTC)
₹13.24 LPA
Verified Statutory Pay Rules & Legal Disclaimer
Statutory Rules Disclaimer: The in-hand salary figures displayed above are illustrative estimates computed under 7th Central Pay Commission (7th CPC) / State Government Pay Matrix norms (Basic Pay + Dearness Allowance + City-Tier HRA + Transport Allowance minus statutory 10% NPS and health insurance contributions). Actual net monthly take-home on the candidate's official pay slip will vary based on exact posting location, city classification, entitlement/opting of government quarters (which waives HRA), and department-specific allowances. For binding statutory terms, please refer to the official recruitment notification.
Exam Pattern & Detailed Syllabus
Official exam stages, subject marks distribution & interactive preparation tracker
Stage 1: Shortlisting Committee Evaluation
Exam Mode: Evaluation of Academic Credentials & Treasury Market Experience
| Subject / Section | No. of Questions | Max Marks |
|---|---|---|
| Relevance of Derivatives Expertise, Institutional Pedigree & Research Publications | 1 | 100 |
Interactive Syllabus & Topic Study Tracker
Check off topics as you study — progress automatically saves to your browser.
Forex & Rupee Derivatives Domain Knowledge
0 / 5 doneEconomic & Financial Market Research Analytics
0 / 4 doneHow to Apply Online: Step-by-Step Guide
Keep all required educational certificates, scanned photograph, and signature ready before opening the application form.
Step 1: Visit the official SBI Careers page at https://sbi.bank.in/web/careers/current-openings.
Step 2: Scroll to 'Recruitment of Specialist Cadre Officers on Regular Basis (Advt. No. CRPD/SCO/2026-27/26)'.
Step 3: Click on 'Apply Online' which redirects to the centralized SBI SCO application portal at https://recruitment.bank.sbi.
Step 4: Click 'Click here for New Registration' and enter your basic details (Name, Contact Number, Email ID) to generate your provisional registration number and password.
Step 5: Fill in your post preference (Chief Manager or Manager), educational qualifications, and detailed month-wise employment history.
Step 6: Upload the mandatory digital documents: photograph, signature, brief resume (PDF), ID proof, 10th birth certificate, educational degrees, and detailed experience certificates.
Step 7: Pay the application fee of ₹750/- online via Debit Card, Credit Card, Internet Banking, or UPI (exempt for SC/ST/PwBD).
Step 8: Review your complete application, submit before 23 November 2026, and print the confirmation page and e-receipt for your records.
Recent Passport Size Photograph
Clear color photograph with light background, JPEG format, size 20 KB to 50 KB
Candidate Signature
Black ink on white paper, JPEG format, size 10 KB to 20 KB
Comprehensive Curriculum Vitae (Resume)
Detailed resume highlighting relevant treasury/forex/derivatives experience, PDF format (up to 1 MB)
Class 10th Certificate
Proof of date of birth, PDF format (up to 1 MB)
MBA / PGDM / CA / CFA Degree & Marksheets
Consolidated graduation and post-graduation certificates, PDF (up to 2 MB)
Work Experience Certificates & Relieving Letters
Experience certificates from all previous employers clearly mentioning designation and dates of service, PDF (up to 3 MB)
Latest Salary Slip / Form 16
Proof of current compensation and executive cadre, PDF (up to 1 MB)
Caste / Category Certificate (if applicable)
Prescribed Government of India format for SC/ST/OBC/EWS/PwBD, PDF (up to 1 MB)
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Application Fee Details
Payment Modes: Online Payment Gateway via Debit Card, Credit Card, Internet Banking, or UPI on SBI portal
Selection Process
Frequently Asked Questions
What are the posts advertised in SBI SCO Advt. No. CRPD/SCO/2026-27/26?
The notification advertises 7 regular positions in the Global Markets department: 1 vacancy for Chief Manager (Product & Research - Forex & Rupee Derivatives) and 6 vacancies for Manager (Product & Research Analyst).
What is the educational qualification required for SBI SCO Manager posts?
Candidates must hold an MBA / PGDM (Finance) or equivalent degree from a recognized University or Institute, or be a qualified Chartered Accountant (CA) or CFA (Chartered Financial Analyst) or ICWA with relevant post-qualification experience.
What is the required work experience for Chief Manager and Manager posts?
For Chief Manager: Minimum 7 years of post-qualification experience in banks/FIs/NBFCs in Forex, Interest Rate Derivatives, and Treasury research. For Manager: Minimum 4 years of relevant post-qualification experience in treasury market research and derivative structuring.
What is the age limit for this recruitment?
As of 01 October 2026, the age limit is 25 to 40 years for Chief Manager (born between 01.10.1986 and 30.09.2001) and 25 to 35 years for Manager (born between 01.10.1991 and 30.09.2001). Government age relaxations apply for SC, ST, OBC, and PwBD candidates.
What is the pay scale for Chief Manager and Manager in SBI?
Chief Manager is placed in SMGS-IV scale (₹1,02,300 – ₹1,20,940) and Manager is placed in MMGS-III scale (₹85,920 – ₹1,05,280) under the 12th Bipartite Settlement, along with bank leased housing, DA, CCA, medical, and executive perks.
What is the selection process for SBI SCO Advt 26?
Selection is based on shortlisting of applications followed by an in-depth Personal Interview (100 Marks). The final merit list is prepared strictly based on interview marks in descending order.
What is the application fee for SBI SCO recruitment?
The application fee is ₹750/- for General, EWS, and OBC candidates. Candidates belonging to SC, ST, and PwBD categories are exempt from fee payment.
What is the last date to apply online for SBI SCO 2026?
Online application registration and fee payment close on 23 November 2026 on the official SBI careers portal.
Last Date to Apply
23 November 2026
⏳ 21 Days Remaining
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