SBI SCO Recruitment 2026: Risk Specialist, 10 Posts

State Bank of India (SBI) has issued two Specialist Cadre Officer advertisements on a regular basis, both open for online registration and fee payment from 2 November 2026 to 23 November 2026. Advertisement CRPD/SCO/2026-27/27 is for 3 Risk Specialist posts (MMGS-II), and Advertisement CRPD/SCO/2026-27/26 is for 1 Chief Manager (Product and Research - Forex and Rupee Derivatives, SMGS-IV) and 6 Manager (Product and Research Analyst, MMGS-III) posts. That makes 10 posts, all with Mumbai as the suggested place of posting.

Important Dates

• Online registration and fee payment: 2 November 2026 to 23 November 2026
• Age and eligibility date: 31 October 2026 (Risk Specialist), 30 September 2026 (Ad 26 posts)

Vacancy Details

Eligibility

• Risk Specialist: CA, CFA, or MBA/PGDM in Finance, Data Analytics or Business Analytics; at least 2 years of Expected Credit Loss (ECL) modelling work in a bank, financial institution, rating agency, brokerage or risk consulting; age 25 to 35. FRM or PRM is preferred.
• Chief Manager: MBA/PGDBM/PGDM/PGDBA; at least 7 years in forex and rupee markets; age 30 to 40.
• Manager: MBA/PGDBM/PGDM/PGDBA; at least 3 years in equity, forex or debt research; age 24 to 36. CFA, FRM, CA or CMA is preferred for both.
• Upper age relaxation for reserved categories as per government rules. Teaching or training experience does not count.

Pay Scale

• MMGS-II: basic Rs 64,820 to Rs 93,960
• MMGS-III: basic Rs 85,920 to Rs 1,05,280
• SMGS-IV: basic Rs 1,02,300 to Rs 1,20,940
• DA, HRA, CCA, NPS, LFC, medical and other benefits as per bank rules.

Application Fee

• General, EWS and OBC: Rs 750
• SC, ST and PwBD: no fee

Selection Process

• Shortlisting by a bank committee, then an interview of 100 marks.
• The merit list is made on interview marks only; on equal marks the older candidate ranks higher.

How to Apply

• Open the SBI careers page (Current Openings) and choose the advertisement.
• Register, upload the photo, signature, resume, biodata and certificates, and pay the fee online by 23 November 2026.
• Apply separately for each post you want.
• Government and PSU employees must bring a No Objection Certificate to the interview.

Before You Apply

• Read the full official notice linked at the end of this page, as it is the final word on eligibility.
• Keep your certificates, ID proof, category certificate and experience proof ready before you start.
• Check your name and date of birth against your 10th certificate.
• Do not leave it for the last day. Late or incomplete applications are not considered.
• Keep a copy of what you submit, and any receipt or acknowledgement.

Prepare with MockGhar

• SBI specialist interviews test banking and finance knowledge. Brush up on banking awareness with free mock tests on MockGhar.