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

State Bank of India is inviting online applications from suitable candidates for various posts. There are 25 seats available for State Bank of India Recruitment 2024.

Tenure for State Bank of India Recruitment 2024:

According to the official notification of State Bank of India Recruitment 2024, the positions will be worked for a maximum period of 5 years (renewable for another 4 years at the discretion of the bank, subject to fulfilment of any such conditions as may be stipulated by the bank).

Age Limit for State Bank of India Recruitment 2024:

The minimum age limit should be 28 years, and the minimum age limit should be 50 years. The age limit will be rocked on 01.08.2024, as mentioned in the official Notification of State Bank of India Recruitment 2024.

Working Place for State Bank of India Recruitment 2024:

The selected applicants will be posted in Mumbai / Chennai, Kolkata, New Delhi, and Pan India, as per the posts in the official notification of State Bank of India Recruitment 2024.

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

The requirements about qualifications and experience for each post are mentioned below, as per the official notification of State Bank of India Recruitment 2024.

For Head (Product, Investment, and Research):

• The candidate should have a graduation/post-Graduation from a government-recognized university/institution or a reputed college.

Preferred Qualification:

• The candidate should have knowledge & experience in market analytics and passion for research in economic trends and products.

Experience:

• The candidate should have a minimum of 12 years of relevant work experience in financial services, financial product development, investment advisory, and Private banking.
• The candidate should have a minimum of 8 years of experience in wealth management. (Total 12 years’ experience is inclusive of 8 years)
• The candidate should have excellent knowledge in equity products, PMS, alternative investments, and mutual funds.
• The candidate should have experience in product development and structuring for private wealth clients. v. Experience in managing investment counsellors/advisors at a national level with leading banks/financial institutions.

Specific Skills:

• The candidate should have designed the value proposition for the wealth management business.
• The candidate should be responsible for the management of the research team and the investment team.
• Ensure high quality of research reports for clients with proper coverage.
• Ensure product benchmarking is conducted at quarterly intervals.
• Launch of innovative & superior wealth management products after competitive scanning and benchmarking.
• Liaison with other departments and outside agencies to have best-in-class, technology-driven solutions.

For Zonal Head:

• The candidate should have graduated from a government-recognized university or institution.

Experience:

• The candidate should have a minimum of 15 years of experience in managing sales in wealth management, retail banking, investments in the financial services industry/Asset or asset management. The candidate should have Company (AMC).
  Out of which, a minimum of 5 years of experience in leading a large team of relationship managers and team Lead preferably in the wealth management business.

For Regional Head:

• The candidate should have graduated from a government-recognized university or institution.

Experience:

• The candidate should have post-qualification experience of a minimum of 12+ years in relationship management, preferably in wealth management with leading public/private/foreign banks/brokerage/security firms/asset management.
  Company (AMC).
• The candidate should have 5+ years of experience in leading a large team of relationship managers or a team lead, preferably in wealth management.

For further information about the qualifications and experience for other posts, please read the official notification.

Salary for State Bank of India Recruitment 2024:

As shown in the official notification of State Bank of India Recruitment 2024, the monthly salary for the above posts is given below.

Application Fee for State Bank of India Recruitment 2024:

The application fees for State Bank of India Recruitment 2024 is listed below.

Selection Process for State Bank of India Recruitment 2024:

The mode of selection for State Bank of India Recruitment 2024 will be based on shortlisting and interviews, followed by CTC negotiation. The interview will carry 100 marks. The qualifying marks in the interview will be decided by the bank. No correspondence will be entertained in this regard.

How to Apply for State Bank of India Recruitment 2024:

Wlling candidates who meet the above criteria for State Bank of India Recruitment 2024 can apply online via the official website before the deadline. No other mode of submission of the application will be accepted.

• Deadline to submit the application form: The last date to submit the application form is 17.12.2024.

FAQs for State Bank of India Recruitment 2024:

The FAQs for State Bank of India Recruitment 2024 are mentioned below:

Q.1: What is the post’s name for State Bank of India Recruitment 2024?

• Ans. The posts names for State Bank of India Recruitment 2024 are Head (Product, Investment, and Research), Zonal Head, Regional Head, Relationship Manager – Team Lead, and Central Research Team (Product Lead).

Q. 2: What is the term period for State Bank of India Recruitment 2024?

• Ans. The term period will be of 5 years for State Bank of India Recruitment 2024.

Q.3: How many seats are available for State Bank of India Recruitment 2024?

• Ans. There are 25 seats available for State Bank of India Recruitment 2024.