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If you are a finance professional with an MBA and a few years of market research behind you, SBI has a short but well-paid opening for you. The bank has released advertisement CRPD/SCO/2026-27/26 for 7 Specialist Cadre Officer posts in its markets team, and the last date to register and pay the fee is 23 November 2026.
This post walks you through the two roles, the vacancy split, fee, age limits, the experience SBI wants, how the interview-only selection works and how to apply without getting stuck on document uploads. All facts come from the official SBI notification.
Important dates
| Event | Date |
|---|---|
| Notice released and online registration opens | 02 November 2026 |
| Last date for registration and fee payment | 23 November 2026 |
| Cut-off date for age, qualification and experience | 30 September 2026 |
| Interview date | Check the official notice / SBI careers page |
Vacancy details
Both posts are regular (not contract) jobs with Mumbai as the indicative place of posting. SBI calls the vacancy count provisional, so it can change.
| Post | Grade | Vacancies | Category split |
|---|---|---|---|
| Chief Manager (Product & Research, Forex & Rupee Derivatives) | SMGS-IV | 1 | UR 1 |
| Manager (Product & Research Analyst) | MMGS-III | 6 | SC 1, OBC 2 (1 backlog), UR 3 |
| Total | 7 |
Each post also has one horizontal PwBD (VI-LV) vacancy, which means it sits inside the numbers above rather than on top of them.
What the job involves
The Chief Manager builds and gets approval for new derivative products, tracks interest rates and the wider economy, writes product notes and risk disclosures, briefs top management and mentors junior staff. The Manager does the research side: fundamental and technical work on equities, forex and debt, financial models, valuation reports and research notes that feed client products. SBI says the final KRAs may be fixed after selection.
Application fee and pay scale
| Category | Fee |
|---|---|
| General / EWS / OBC | Rs 750 |
| SC / ST / PwBD | Nil |
The fee is non-refundable and is paid online through internet banking, debit card or credit card.
The pay scales printed in the notice are:
- Chief Manager: Rs 102300-2980/4-114220-3360/2-120940
- Manager: Rs 85920-2680/5-99320-2980/2-105280
On top of basic pay you get DA, HRA, CCA, provident fund, NPS, LFC and medical facilities as per bank rules. The notice does not give an in-hand figure, so ignore any exact monthly salary you see quoted elsewhere.
Age limit
Age is counted as on 30 September 2026.
- Chief Manager: 30 to 40 years
- Manager: 24 to 36 years
Relaxation is 3 years for OBC (non-creamy layer) and 5 years for SC/ST. PwBD (VI-LV) candidates get 10 years (UR), 13 years (OBC) or 15 years (SC). You cannot stack relaxations.
Eligibility
- MBA, PGDM, PGDBM, PGDBA or equivalent from a recognised institution (mandatory for both posts)
- Finance specialisation is preferred
- CFA, FRM, CA or CMA is a plus, not a requirement
- Chief Manager: at least 7 years of post-qualification experience in Forex and Rupee markets
- Manager: at least 3 years of post-qualification experience in equity, forex or debt research
- Good spoken and written English
Experience is counted after your MBA
Only post-qualification experience counts, and teaching or training experience is not counted at all. If most of your research work happened before your MBA or PGDM, check your numbers against the 30 September 2026 cut-off before you pay the fee.
Selection process
There is no written exam. It is a two-stage process.
- ShortlistingSBI screens applications on qualification and experience. Meeting the minimum bar does not guarantee an interview call.
- InterviewShortlisted candidates face an interview of 100 marks.
- Merit listFinal merit is based only on interview marks. If two candidates tie at the cut-off, the older one ranks higher.
Interview will carry 100 marks.SBI Advertisement CRPD/SCO/2026-27/26, selection process
Since the interview decides everything, your resume does a lot of the work at the shortlisting stage. List the products, desks and markets you have covered with dates, not just job titles.
How to apply
- Open the SBI careers pageGo to the current openings section and find advertisement CRPD/SCO/2026-27/26.
- RegisterFill in your details and note the registration number and password.
- Upload documentsPhoto (JPEG, 20-50 KB), signature (JPEG, 10-20 KB), and A4 PDFs up to 500 KB each: resume, ID and date of birth proof, degree and experience certificates, caste or PwBD certificate if any, signed biodata form, and Form-16, offer letter or latest salary slip.
- Pay the feePay online if you are General, EWS or OBC.
- Save your copiesDownload the e-receipt and the application form. You cannot edit anything after submission.
Get the NOC and biodata ready first
If you work in a government or public sector job, you need a no-objection certificate from your employer. The biodata form is on the SBI careers site and must be signed. Arrange both before 23 November so the upload step does not hold you up.
Important links
FAQ
What is the last date to apply for SBI Chief Manager and Manager posts?
Registration and fee payment close on 23 November 2026.
Is there a written exam?
No. Selection is by shortlisting followed by a 100-mark interview, and the merit list is based on interview marks alone.
Can a fresher MBA apply?
No. The Manager post needs at least 3 years of post-qualification research experience, and the Chief Manager post needs at least 7 years in Forex and Rupee markets.
Where will selected candidates be posted?
The notice gives Mumbai as the indicative place of posting, though SBI can post officers elsewhere.
Sources: SBI Advertisement CRPD/SCO/2026-27/26 (official PDF) and SBI Careers, current openings.
