Post Name and Vacancies for State Bank of India Recruitment 2024:

The opportunity is opened for the post of Head (Product, Investment and Research), Zonal Head, Regional Head, Relationship Manager – Team Lead and Central Research Team (Product Lead). There are 25 vacancies available for the State Bank of India Recruitment 2024.

Age Limit for State Bank of India Recruitment 2024:

The candidates applying for the State Bank of India Recruitment 2024 should be between the age limit of 28 to 50 years as per the posts –

Qualification and Experience Required for State Bank of India Recruitment 2024:

The candidates must fulfil the mentioned requirements of the educational qualification and experience as per the posts based on the official notification of the State Bank of India Recruitment 2024 –

Head (Product, Investment and Research) –

• The candidates should have a Graduation/ Post-Graduation from Government government-recognised University/ Institution or Reputed College.

Preferred Qualification –

• The candidates should have knowledge and Experience in Market Analytics and Passion for Research in Economics trend and Products.

Post-Qualification Experience –

• The candidates should have at least 12 years of relevant work experience in financial services, financial product development, investment advisory 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 Investment, and Mutual funds.
• Experience in Product Development and structuring for Private Wealth clients.
• Experience in managing Investment Counsellors/ Advisors at a National level with Leading Banks/ Financial Institutions.

Zonal Head –

• The candidates should have graduated from Government government-recognised University or Institution.

Post-Qualification Experience –

• The candidates should have at least 15 years of experience in managing sales in Wealth Management/Retail Banking/ Investments in the financial services industry/ Asset Management Company (AMC).
• Out of which minimum of 5 years of experience in leading a large team of Relationship Managers and Team leaders preferably in Wealth Management business.

Regional Head –

• The candidates should have graduated from Government government-recognised University or Institution.

Post-Qualification Experience –

• The candidates should have at least 12+ years of experience in relationship management preferably in wealth management with leading Public/ Private/ Foreign Banks/ Broking/ Security firms/ Asset Management Companies (AMC).
• 5+ years of experience in leading a large team of Relationship Managers or a Team Lead preferably in Wealth Management.

Relationship Manager – Team Lead –

• The candidates should have graduated from Government government-recognised University or Institution.

Post-Qualification Experience –

• The candidates should have at least 8 years in relationship management preferably in wealth management with leading Public/ Private/ Foreign banks/ Broking/ Security firms/ Asset Management Companies (AMC).
• Experience as a Team Lead is preferred.

Central Research Team (Product Lead) –

• The candidates should have a Post-graduation in Economics/ Commerce/ Finance/ Accountancy/ Business Management/ Statistics/ Business Administration from Government recognized University or Institution or CA/ CFA.

Preferred Qualification –

• The candidates should have an NISM Investment Advisor/ Research Analyst Certificate/ CFP/ NISM 21A or 21B.

Post-Qualification Experience –

• The candidates should have at least 5 years of Equity Research/Product experience in Wealth Management/ AMC (Mutual Fund)/ Banks.

Preferred –

• Minimum 8 years experience in Equity/Fixed Income Research/ MF Research Analytics.
• Excellent Knowledge of local and global economic trends
• Excellent Knowledge of local Primary/Secondary Equity Markets/Fixed Income and PMS/AIF/MF/ Structured Products schemes in India.
• Experience in creating views and research-based publications on capital Market/sector trends.
• Proficiency in using Excel / Modelling techniques / Bloomberg / Reuters /Morning Star / CRISIL databases.
• Flair for equity, understanding of all exchange-traded products including bonds, INVIT, MLDs, REITs, Section 54 EC Bonds.

Salary for State Bank of India Recruitment 2024:

The compensation of the selected candidates will range between Rs.51.80 Lakh per Annum to Rs.135.00 Lakh per Annum in reference to the official notification of the State Bank of India Recruitment 2024.

The details of the annual CTC are listed below according to the posts –

Tenure for State Bank of India Recruitment 2024:

The tenure for the State Bank of India Recruitment 2024 will be carried out on a contractual basis. The selected candidates will be appointed for an appropriate period of 05 years (Renewable another 04 years at the discretion of the Bank subject to fulfilment of any such conditions as may be stipulated by the Bank).

Place of Posting for State Bank of India Recruitment 2024:

The place of posting as per the posts is listed below according to the official notification of the State Bank of India Recruitment 2024 –

Selection Procedure for State Bank of India Recruitment 2024:

The selection of the eligible and willing candidates will be based on shortlisting, Interviews and CTC negotiations conducted by the committee as per the official notification of the State Bank of India Recruitment 2024.

Application Fee for State Bank of India Recruitment 2024:

The candidates applying for the State Bank of India Recruitment 2024 need to pay an application fee as listed below according to the categories –

• Application fees and Intimation Charges (Non-refundable) are Rs.750 for General/ EWS/ OBC candidates and no fees/ intimation charges for SC/ ST/ PwBD candidates.
• Fee payment will have to be made online through payment gateway available thereat. The payment can be made by using a 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.
• Application Fee once paid will NOT be refunded on any account NOR can it be adjusted for any other examination or selection in future.

How to Apply for State Bank of India Recruitment 2024:

As mentioned in the official notification of the State Bank of India Recruitment 2024, interested and eligible candidates may apply online by filling out the application form available on the official website of the State Bank of India and submitting it to the same portal. The application form needs to be submitted along with all the pertinent attachements as requested by the committee. The applications received after the deadline, incomplete in any manner or without any required documents will not be considered valid by the committee.

The last date to submit the applications is 17.12.2024

FAQs for State Bank of India Recruitment 2024:

The listed below are some Frequently Asked Questions regarding the State Bank of India Recruitment 2024 –

Q.1. How many vacancies are there for the State Bank of India Recruitment 2024?

Ans. There are 25 vacancies available for the State Bank of India Recruitment 2024.

Q.2. How to apply for State Bank of India Recruitment 2024?

Ans. The candidates can apply online for the State Bank of India Recruitment 2024.

Q.3. What is the last date to apply for the State Bank of India Recruitment 2024?

Ans. The last date to apply for the State Bank of India Recruitment 2024 is 17th December 2024.