SBI Specialist Cadre Officer Recruitment 2025-26: Complete Guide to Manager and Deputy Manager Positions. The State Bank of India (SBI) has released an exciting recruitment advertisement for Specialist Cadre Officers on a regular basis. This is a significant opportunity for professionals seeking to build a career in India’s premier banking institution. The SBI Specialist Cadre Officer positions focus on Risk Management, specifically Model Risk Management, offering competitive remuneration and excellent career growth prospects. If you are a qualified professional with expertise in quantitative analytics, data science, or financial modeling, this recruitment drive could be the perfect platform to advance your career with India’s leading public sector bank.
Important Dates for SBI Specialist Cadre Officer Recruitment
Before you proceed with the application process, it is crucial to be aware of all important dates associated with this recruitment drive. Missing any deadline could cost you this excellent opportunity.
Key Timeline
Online Registration and Application Submission: November 11, 2025 to December 1, 2025
This window provides applicants with a total of twenty days to register themselves online and complete the application process. It is advisable to submit your application well in advance to avoid technical glitches or server congestion during the final days. Many candidates face connectivity issues when attempting to apply on the last date, which could result in missing the deadline entirely. Therefore, planning your submission early is a strategic approach to ensure successful application filing.
Fee Payment Deadline: On or before December 1, 2025
Your application registration is completed only when you have successfully deposited the application fee through the online payment gateway. Without fee payment, your application will be considered incomplete and will not be processed further.
Interview Process: The Bank will announce interview schedules based on the shortlisting of candidates. Typically, SBI conducts interviews within 2-3 months after the application deadline, though the exact dates will be communicated separately through the official website.
Result Declaration: Results and merit lists will be declared after the interview process is completed. The Bank will update all information exclusively on its official website without sending individual notifications.
Eligibility Criteria for SBI SCO Recruitment
Understanding the eligibility requirements is the first critical step before applying. The Bank has set specific criteria that candidates must fulfill to qualify for these positions. These criteria include age limits, educational qualifications, work experience, and other mandatory requirements.
Age Limit and Relaxation Provisions
For Manager Position (Risk Specialist – Model Risk Management):
- Minimum Age: 28 years
- Maximum Age: 40 years
- Age is calculated as on November 1, 2025
For Deputy Manager Position (Risk Specialist – Model Risk Management):
- Minimum Age: 25 years
- Maximum Age: 35 years
- Age is calculated as on November 1, 2025
Age Relaxation Categories
The Bank provides age relaxation to candidates belonging to reserved categories as per Government of India guidelines. Here is the detailed breakdown:
OBC (Other Backward Classes) – Non-Creamy Layer: 3 years age relaxation
SC/ST (Scheduled Castes/Scheduled Tribes): 5 years age relaxation
PwBD (Persons with Benchmark Disabilities) – UR/EWS Categories: 10 years age relaxation
PwBD (OBC Category): 13 years age relaxation
PwBD (SC/ST Category): 15 years age relaxation
Important Note: Candidates belonging to the OBC category must ensure they do not fall under the ‘Creamy Layer’ criteria. Those in the creamy layer must apply under the Unreserved (UR) category and will not receive OBC-based age relaxation.
Educational Qualifications Required
The educational requirements vary slightly between the two positions, though both positions require strong academic credentials in relevant disciplines.
For Manager Position
Mandatory Qualification:
A Bachelor’s degree from any one of the following disciplines:
- Finance
- Mathematics
- Statistics
OR
B.E./B.Tech. in:
- Data Science
- Information Technology (IT)
- Computer Science
- Software Engineering
Important Condition: The degree must be obtained from a University, Institution, or Board recognized by the Government of India, AICTE (All India Council for Technical Education), UGC (University Grants Commission), or approved by Government Regulatory Bodies.
Preferred Qualifications:
The Bank prefers candidates who possess additional postgraduate qualifications:
- MBA or PGDM (Post Graduate Diploma in Management) in Finance
- PGDBM (Post Graduate Diploma in Business Management) in Finance
- PGDBA (Post Graduate Diploma in Business Analytics)
- Post Graduate Degree in Statistics, Mathematics, Economics, or Econometrics
For Deputy Manager Position
Mandatory Qualification:
Identical to the Manager position, candidates must hold:
- Bachelor’s degree in Finance, Mathematics, or Statistics
OR
- B.E./B.Tech. in Data Science, IT, Computer Science, or Software Engineering
Preferred Qualifications:
Same as the Manager position with preference for postgraduate degrees in relevant disciplines.
Important Points About Qualification
When indicating your percentage scored in graduation, you must calculate it to the nearest two decimals. If you received a CGPA or OGPA instead of percentage marks, you must convert it into percentage using your university’s conversion norms. If called for interview, you will need to produce a certificate from the appropriate authority stating the university’s conversion norms.
Specialized Certifications and Skills Required
Beyond the basic educational qualifications, the Bank seeks candidates with professional certifications and specific technical expertise.
Preferred Certifications (Valid as of November 1, 2025)
These certifications significantly enhance your candidacy:
Risk Management Certifications:
- FRM (Financial Risk Manager) by GARP (Global Association of Risk Professionals)
- PRM (Professional Risk Manager) by PRIMA
Investment and Finance Certifications:
- CFA (Chartered Financial Analyst)
- CQF (Certificate in Quantitative Finance)
Technical Certifications:
- Any recognized certification in Machine Learning (ML) or Artificial Intelligence (AI)
- Natural Language Processing (NLP) certifications
- Web Crawling and Neural Networks certifications
All certifications must be valid as of November 1, 2025, to be considered during the evaluation process.
Technical Skills Expected
Programming Proficiency:
- Expertise in R programming language for statistical analysis
- Proficiency in Python for data science and modeling
- Experience with SAS (Statistical Analysis System)
- Knowledge of Java is considered a plus
- Familiarity with SQL for database management
Financial Modeling and Analysis:
- Proficiency in statistical analysis software and tools
- Experience with financial modeling tools and techniques
- Understanding of valuation models and methodologies
- Knowledge of derivatives and financial instruments
Advanced Capabilities:
- Machine Learning and Artificial Intelligence knowledge
- Experience with semi-structured and unstructured data
- End-to-end expertise from data extraction to modeling and validation
- Stress testing and scenario analysis capabilities
Work Experience Requirements
Experience is a critical component of eligibility for these positions, as they are not entry-level roles.
For Manager Position
Total Experience Required: Minimum 5 years of post-basic education qualification experience
Type of Experience: Experience must be in job roles related to:
- Quantitative analysis and analytics
- Risk analytics and management
- Valuation of financial instruments
- Model Validation and backtesting
- General Accounting policies in banking context
- Investments and Derivatives trading
Industries: Experience must be from commercial banks, NBFC (Non-Banking Financial Companies), or Investment Banks.
Programming Experience Component: Out of the total 5 years, a minimum of 3 years must specifically involve programming in data science languages:
- R programming
- Python programming
- Similar data science-related programming languages
Important Exclusion: Training and teaching experience will not be counted toward the required experience duration.
For Deputy Manager Position
Total Experience Required: Minimum 3 years of post-basic education qualification experience
Type of Experience: Same as Manager position (quantitative analytics, risk management, valuation, model validation, etc.)
Programming Experience Component: Out of the total 3 years, a minimum of 2 years must involve programming in:
- R programming language
- Python programming language
- Similar data science programming languages
Experience Verification: Candidates must submit experience certificates from their employers clearly specifying their experience in the relevant field. The Bank will evaluate these certificates on merit, and the Bank’s decision regarding acceptance shall be final.
| For Any Update Join Telegram Channel | Click Here |
| For Any Update Join Whatsapp Channel | Click Here |
| Join Youtube Channel | Click Here |
Exam Pattern and Selection Process
The selection process for SBI Specialist Cadre Officer positions follows a systematic and transparent approach designed to identify the most suitable candidates.
Selection Methodology
Shortlisting Stage:
The recruitment process begins with a critical shortlisting phase. It is important to understand that merely satisfying the minimum qualifications and experience requirements does not guarantee an interview call. The Bank constitutes a Shortlisting Committee that determines the shortlisting parameters based on various factors including educational qualifications, suitability for the role, and relevant experience. The Committee then selects an adequate number of candidates for the interview based on these predetermined criteria. The Bank’s decision regarding shortlisting is final, and no correspondence will be entertained from candidates regarding this stage.
Interview Stage:
Only shortlisted candidates will be called for an interview. The interview will carry a maximum of 100 marks. The Bank will decide the minimum qualifying marks required to pass the interview, and this decision will be communicated separately. The interview aims to assess the candidate’s technical knowledge, communication skills, problem-solving ability, and suitability for the specialized role.
Merit List Preparation
The final merit list for selection will be prepared in descending order based on the interview marks scored by candidates. This means the interview performance determines your final ranking. In cases where multiple candidates score identical marks at the cutoff point, ranking will be determined by age in descending order, giving preference to older candidates among those with equal scores.
Vacancy Details and Category-wise Distribution
The Bank has announced a total of 10 positions divided between two distinct posts and distributed across various reserved categories.
Position 1: Manager (Risk Specialist – Model Risk Management)
Grade: MMGS-III (Middle Management Grade Scale – III)
Total Vacancies: 2
Category-wise Distribution:
- Unreserved (UR): 4 vacancies
- Scheduled Caste (SC): 1 vacancy
- Scheduled Tribe (ST): Nil
- Other Backward Classes (OBC): 5 vacancies
- Economically Weaker Sections (EWS): 1 vacancy
PwBD (Horizontal Reservation): Available across all categories
Position 2: Deputy Manager (Risk Specialist – Model Risk Management)
Grade: MMGS-II (Middle Management Grade Scale – II)
Total Vacancies: 2
Category-wise Distribution:
- Unreserved (UR): 4 vacancies
- Scheduled Caste (SC): 1 vacancy
- Scheduled Tribe (ST): Nil
- Other Backward Classes (OBC): 5 vacancies
- Economically Weaker Sections (EWS): 1 vacancy
PwBD (Horizontal Reservation): Available across all categories
Important Information: The number of vacancies is provisional and may vary according to the Bank’s actual requirements. Reservation for PwBD candidates is horizontal, meaning these vacancies are included within the overall vacancy numbers of their respective parent categories.
Application Fee Details
Before applying, candidates should be aware of the fee structure to ensure they can complete the payment process successfully.
Fee Structure
General/EWS/OBC Candidates:
- Application Fee: ₹750/- (Seven Hundred Fifty only) [Non-refundable]
- Intimation Charges: Included in the application fee
SC/ST Candidates:
- No application fee or intimation charges applicable
PwBD (Persons with Benchmark Disabilities) Candidates:
- No application fee or intimation charges applicable
Payment Methods
The Bank accepts online payment through multiple secure channels:
- Debit Card (Visa/Mastercard)
- Credit Card (Visa/Mastercard)
- Internet Banking
- UPI (Unified Payments Interface)
Transaction Charges: Any transaction charges levied by payment gateways will be borne by the candidate. These charges are non-refundable.
Important Note: Once the application fee is paid, it will NOT be refunded under any circumstances, nor can it be adjusted against any other examination or future recruitment processes conducted by the Bank.
How to Apply: Step-by-Step Process
The application process is entirely online, and candidates must follow the specific guidelines to ensure successful submission.
Detailed Application Process
Step 1: Access the Official Portal
Navigate to the SBI official website at https://sbi.bank.in/web/careers/current-openings. This is the only official portal where applications will be accepted. No other method or mode of application will be entertained by the Bank.
Step 2: Register Online
Click on the recruitment advertisement CRPD/SCO/2025-26/16 and proceed to register yourself. Provide accurate personal information including your full name, email ID, mobile number, and other required details. Ensure that both your email ID and mobile number remain active throughout the recruitment process, as all communication regarding shortlisting, interview calls, and results will be sent through these channels.
Step 3: Complete Your Profile
Fill in all required details carefully in each respective field of the application form. Before final submission, review your entire application thoroughly as corrections will not be allowed after the submission of the form. Pay special attention to:
- Educational qualifications and their exact dates
- Work experience duration and descriptions
- Category declaration (SC/ST/OBC/EWS/UR)
- Contact information accuracy
Step 4: Upload Required Documents
The Bank requires you to upload all supporting documents in specific formats and sizes. Each document must be in PDF format (except photograph and signature), with a maximum file size of 500 KB each. All documents must be saved in PDF format with A4 page size. If any scanned document exceeds 500 KB, reduce the DPI resolution or adjust scanner settings to meet the requirement. Clear and readable documents are essential for consideration during shortlisting and interview.
Step 5: Pay Application Fee
After uploading all documents and completing your profile, proceed to the payment gateway. You must pay the applicable fee based on your category. Payment must be made online through the available payment options. Keep note of your transaction reference number and print the e-receipt for future reference.
Step 6: Submit Final Application
Once the fee is successfully paid, your application will be automatically submitted. The system will generate an e-receipt along with your application form bearing the submission date and time. Print this document and retain it for your records.
Documents Required for Application
Gathering all required documents beforehand will streamline your application process and prevent last-minute hassles.
Mandatory Documents Checklist
Personal Information Documents:
- Recent Passport Style Photograph (colored, against light background, 200 x 230 pixels preferred, 20-50 KB)
- Signature (Black ink on white paper, 140 x 60 pixels preferred, 10-20 KB)
Academic and Professional Documents:
- Biodata (in prescribed format as PDF)
- Resume/CV highlighting relevant experience (PDF format)
- Relevant Mark-sheets and Degree Certificate from Graduation (PDF)
- Postgraduate degree certificates if applicable (PDF)
- Professional certification documents (FRM, CFA, etc.) if applicable (PDF)
Work Experience Documents:
- Experience Certificates from all employers clearly specifying the role, duration, and relevant responsibilities (PDF)
- Current employment proof (Form-16, Offer Letter, or Latest Salary Slip) (PDF)
Identity and Age Proof:
- Any valid identity proof such as Aadhar Card, PAN Card, Passport, or Driving License (PDF)
- Proof of Date of Birth such as Birth Certificate, Passport, or School Certificate (PDF)
Category-specific Documents (if applicable):
- Caste Certificate from Competent Authority in prescribed Government of India format (PDF) – for SC/ST/OBC candidates
- OBC Non-Creamy Layer Declaration in prescribed format – for OBC candidates
- EWS Certificate issued during April 1, 2025 to December 1, 2025 (PDF) – for EWS candidates
- PwBD Certificate from authorized Medical Authority in prescribed format (PDF) – for candidates with disabilities
Document Format Requirements
Photograph Specifications:
- Must be recent and in color
- Taken against light-colored or preferably white background
- Face directly facing camera with relaxed expression
- Proper lighting without shadows or squinting
- No caps, hats, or dark glasses (religious headwear allowed if not covering face)
- File format: JPG or JPEG
- Size: 20 KB to 50 KB
- Dimensions: 200 x 230 pixels (preferred)
Signature Specifications:
- Must be signed by the applicant only, not anyone else
- Use black ink pen on white paper
- Signature in capital letters will NOT be accepted
- File format: JPG or JPEG
- Size: 10 KB to 20 KB
- Dimensions: 140 x 60 pixels (preferred)
Other Document Requirements:
- All documents except photograph and signature must be in PDF format
- Page size: A4
- File size: Not exceeding 500 KB per document
- All documents should be clear and readily readable
- For scanned documents: Minimum 200 DPI resolution, True Color setting
Job Profile and Key Responsibilities
Understanding the actual job responsibilities will help you determine if this role aligns with your career goals and expertise.
Manager (Risk Specialist – Model Risk Management)
Grade: MMGS-III
Primary Role: Model Validator
Key Responsibilities:
The Manager position involves leading and independently validating complex financial models to ensure their accuracy and regulatory compliance. Key responsibilities include independently validating all models submitted to IMVT (Internal Model Validation Team), developing calculation methodologies for valuation adjustment models that account for model risk uncertainty and position concentration, and creating Trading Risk methodologies including IRC/DRC and VaR specifications. Managers develop Counterparty Credit risk models and maintain credit risk models using statistical and machine learning techniques.
Managers collaborate extensively with cross-functional teams to understand business requirements and translate them into model specifications. They perform data extraction, cleaning, and preprocessing to ensure datasets are suitable for modeling. They validate and back-test models to ensure accuracy and reliability, assessing conceptual soundness, input integrity, calibration, and outcome analysis. Managers document validation reports comprehensively and track findings for timely closure.
Additionally, Managers coordinate with model owners across various departments, monitor ongoing model performance metrics such as accuracy ratios and Gini coefficients, and coordinate with audit departments. They submit periodic reports to senior management and regulators as required, organize training workshops on model risk and regulatory developments, and manage the complete model lifecycle in accordance with the Bank’s policies.
Deputy Manager (Risk Specialist – Model Risk Management)
Grade: MMGS-II
Primary Role: Model Validator
Key Responsibilities:
Deputy Managers perform similar responsibilities as Managers but with a slightly narrower scope initially. They independently validate models submitted to IMVT, develop calculation methodologies for valuation models, create Trading Risk methodologies, and develop credit risk models using statistical and machine learning approaches. They prepare datasets through data extraction and preprocessing, validate and back-test models, and document findings comprehensively.
Deputy Managers coordinate with model owners and audit departments, monitor model performance metrics, and contribute to regulatory submissions. They participate in training and awareness programs on model risk and regulatory developments and support the model lifecycle management process.
Remuneration and Benefits
The Bank offers competitive remuneration packages along with comprehensive benefits to attract and retain top talent.
Salary Structure
Manager Position (MMGS-III):
- Basic Salary: ₹85,920 to ₹99,320 to ₹105,280
- Scale: 85920-2680/5-99320-2980/2-105280
- This means the basic salary increases incrementally based on seniority and performance
Deputy Manager Position (MMGS-II):
- Basic Salary: ₹64,820 to ₹93,960
- Scale: 64820-2340/1-67160-2680/10-93960
Additional Allowances and Benefits
Both positions receive the following benefits in addition to basic salary:
Allowances:
- DA (Dearness Allowance): Provided as per Bank rules, which typically adjusts for inflation
- HRA (House Rent Allowance): Paid based on location of posting
- CCA (City Compensatory Allowance): Applicable to certain locations
Pension and Retirement Benefits:
- Contributory Pension Fund (CPF) with NPS (National Pension Scheme) benefits
- LFC (Life Cover Fund)
- Medical facilities for self and family
Leave and Allowances:
- Paid annual leave as per Bank’s rules
- Medical facilities and health insurance coverage
- Other allowances as per the Bank’s salary structure from time to time
Note: All allowances and benefits are subject to the rules in force at the time of appointment and may be modified as per the Bank’s policies from time to time.
Suggested Place of Posting
The Bank has suggested Mumbai as the place of posting for selected candidates. However, it is explicitly stated that the Bank reserves the right to post, transfer, or deploy selected candidates to any office of SBI within India or to depute them to associate entities, subsidiaries, or other organizations as per the requirement of the Bank. Requests for posting to specific locations will not be entertained.
Important Instructions for Applicants
Before finalizing your application, it is crucial to understand several important conditions and policies.
Important Links
| Details of Topic | Direct Links |
| Official Notification | Click Here |
| Apply Link | Click Here |
| Official Website | Click Here |
| Join Telegram Channel | Click Here |
| Join Youtube Channel | Click Here |
Key Points to Remember
1. Eligibility Verification: Ensure that you fulfill all eligibility criteria as on November 1, 2025. Admission to all recruitment stages is provisional and subject to satisfying prescribed eligibility conditions.
2. Document Verification: All documents uploaded will be verified when you report for interview. Shortlisting is done provisionally without document verification. Therefore, ensure all documents are authentic and complete.
3. False Information: Furnishing false information or suppressing facts will result in disqualification and possible debarment from future Bank recruitment processes. You may also face legal and criminal action.
4. CIBIL Compliance: Candidates with default records in loan repayment with banks, NBFCs, or financial institutions, or those with adverse CIBIL reports, are not eligible for appointment. However, if you have regularized such defaults before the date of offer issuance, you can be considered.
5. Character and Antecedents: Candidates against whom adverse reports regarding character and antecedents exist are not eligible. Even if selected, such reports discovered later will result in candidature rejection.
6. Multiple Applications: You are not allowed to apply for more than one post. If multiple applications are submitted, only the last valid application will be retained, and fees for other applications will be forfeited.
7. No Request for Posting: The Bank reserves the right to post selected candidates anywhere within India at its sole discretion. Individual requests for specific locations will not be entertained.
8. Government Employees: If you are employed with Government agencies, quasi-government organizations, PSUs, nationalized banks, or financial institutions, you must submit a No Objection Certificate (NOC) from your employer at the time of interview. Failure to do so will disqualify your candidature.
9. Discharge Certificate: If selected, you will need to produce a proper discharge certificate from your current employer at the time of joining the Bank.
10. Medical Fitness: Your appointment is subject to being declared medically fit as per the Bank’s requirements.
11. Probation Period: All selected candidates will be on probation as per the existing Bank recruitment policy, which may be amended from time to time.
12. Interview Travel: Outstation candidates called for interview will be reimbursed travel expenses up to ₹10,000 (for round trip) or actual travel cost, whichever is lower, for economy class travel via the shortest route.
Frequently Asked Questions
Q: When is the last date to apply?
A: December 1, 2025. Submit your application well before this date to avoid last-minute issues.
Q: Can I apply if I have a postgraduate degree but no graduation in the specified field?
A: No, a Bachelor’s degree in the specified field is mandatory. Postgraduate qualifications are preferred but cannot substitute for basic qualification.
Q: Is the work experience mandatory if I have a postgraduate qualification?
A: Yes, the work experience requirement is mandatory for all candidates, regardless of educational qualifications.
Q: Can I apply for both Manager and Deputy Manager positions?
A: No, you can apply for only one position. Multiple applications for different positions will result in forfeiture of fees.
Q: Will I get any notification after my application is submitted?
A: All communications will be sent through email and SMS only. No hard copies will be sent. Ensure your email ID and mobile number are correct and remain active.
Conclusion
The SBI Specialist Cadre Officer recruitment for Risk Management positions represents a valuable opportunity for professionals seeking to build a career with India’s premier banking institution. With competitive salary packages, comprehensive benefits, and excellent career progression opportunities, these positions attract talented professionals from across the country.
The recruitment process is designed to identify candidates with strong technical expertise in quantitative analysis, risk management, and data science. By carefully reviewing all eligibility criteria, gathering required documents, and submitting a comprehensive application before the deadline, you can maximize your chances of success.
Remember to fill your application with accurate information, upload clear and legible documents, and prepare thoroughly for the interview if shortlisted. The Bank values professionals who demonstrate technical excellence, problem-solving abilities, and a strong commitment to regulatory compliance and risk management. If you meet the criteria and possess the required skills and experience, apply today and take the next step in your banking career with SBI.
Disclaimer: This blog post is based on the official SBI recruitment advertisement CRPD/SCO/2025-26/16. For the most current and accurate information, candidates are advised to visit the official SBI website at https://sbi.bank.in/web/careers/current-openings. The information provided here is for informational purposes only and does not constitute any official statement or guarantee from the State Bank of India.