SBI SO 2019

Exam Date : July 12, 2019

Want to Join the biggest banking and Financial organisation in India. With 195 foreign Branches, SBI today is a Fortune 500 Company. Want to know the procedure to join such a reputed and highly regarded Organisation. Follow the procedure given below.

What is SBI SO Exam?

SBI SO Exam is conducted for the recruitment of Specialist Officers(SO) for various departments within SBI. There are a number of posts under SBI SO recruitment with each post having a different working and educational profile. It is a national level exam and Every year lakhs of aspirants give this exam to fill few thousand seats.

The exam is conducted by the State Bank of India which the largest bank in India with over 16,000 branches covering entire geography of India and with an asset base of over INR 41,00,000 Cores. The headquarters of SBI is at 11, Near Jantar Mantar, Sansad Marg, Parliament Street, Delhi – 110001.

 The details related to the exam are as follows:

SBI SO Exam Details 2019
Exam Name State Bank Of India Specialist Officer
Level of exam National 
Mode of Test Online
Held Annually
Conducting Body   State Bank Of India
Website    www.sbi.co.in/careers

Recruitment

The present opening for Specialist Officer is for Wealth Management Business Unit under SBI. The posts under this recruitment are given below:

SBI SO Recruitment
S No. Posts
1 Head (Product, Investment & Research)
2 Central Research Team (Fixed Income Research Analyst)
3 Relationship Manager
4 Relationship Manager (e-Wealth)
5 Relationship Manager (NRI)
6 Relationship Manager (Team Lead)
7 Customer Relationship Executive
8 Zonal Head Sales (Retail) (Eastern Zone)
9 Central Operation Team Support
10 Risk & Compliance Officer

The eligibility criteria, educational qualification and experience requirement and other things vary from one post to another. The details about each section is given in the sections below. 

Exam Dates

The notification was released in the month of May and applications can be filled till June 2019. The SBI SO Important Dates are as follows:

SBI SO Exam Dates
Events Date
Commencement of Online Registration May 23, 2019
Closure of Application Process June 12, 2019
Last Date for Printing Applications June 19, 2019
Online Payment of Fee May23-June12, 2019
Interview To be Announced
Result To be Announced

Vacancy

The total number of Vacancies are 579. Reservation is also there as per Govt policy. The category wise vacancy for each post is given below:

SBI SO Exam Vacancy
S No.  Post  Total Vacancy Category-wise Vacancy
Gen EWS OBC SC ST Total LD(OA/OL)
1 Head (Product, Investment & Research) 1 1 -- -- -- -- 1 --
2 Central Research Team (Fixed Income Research Analyst) 1 1 -- -- -- -- 1 --
3 Relationship Manager  486  187  46  127  85  41  486  5
4 Relationship Manager (e-Wealth)
5 Relationship Manager (NRI)
6 Relationship Manager (Team Lead) 20 9 1 4 4 2 20 1
7 Customer Relationship Executive 66 27 6 16 10 7 66 1
8 Zonal Head Sales (Retail) (Eastern Zone) 1 1 -- -- -- -- 1 --
9 Central Operation Team Support 3 3 -- -- -- -- 3 --
10 Risk & Compliance Officer 1 1 -- -- -- -- 1 --
  Total 579 230 53 147 99 50 579 7

Eligibility

The Eligibility criteria vary for each post. The Eligibility criteria have various conditions associated with it such as Educational Qualification, experience age etc. The Eligibility criteria for each post is given below:

Head (Product, Investment & Research)

  • Educational Qualification: Graduation/Post Graduation from an institute recognised by UGC.
  • Experience: The candidate should have a minimum of 12 years of relevant work experience in financial product development, financial services, private banking and investment advisory.
    Out of these 12 years, the candidate should have a minimum of 8 years of experience in Wealth Management.
  • Age: The applicant should have completed 35 years of age and should not be more than 50 years old.

Central Research Team (Fixed Income Research Analyst)

  • Educational Qualification: MBA/PGDM from an institute recognised by UGC.
  • Experience: The candidate should have a minimum of 5 years of experience in Fixed Income Research in Wealth Management/AMC (Mutual Funds)/Banks
  • Age: The applicant should have completed 30 years of age and should not be more than 45 years old.

Relationship Manager (RM)

  • Educational Qualification: Graduation from an institute recognised by UGC.
  • Experience: Minimum 3 years of experience as a Relationship Manager in Wealth Management with leading Foreign Banks/Private/Public/Broking/Security Firms. Adequate experience is required in building and managing the relationship with High Net Worth Clients (The candidate should have a minimum Total Relationship Value (TRV) of Rs.20,00,000).
  • Age: The applicant should have completed 23 years of age and should not be more than 35 years old.

Relationship Manager (e-Wealth)

  • Educational Qualification: Graduation from an institute recognised by UGC.
  • Experience: Minimum 3 years of experience as a Relationship Manager in Wealth Management with leading Foreign Banks/Private/Public/Broking/Security Firms which must include at least one year experience in managing the relationship with HNI clients over telephone/video/digital channels.
  • Age: The applicant should have completed 23 years of age and should not be more than 35 years old.

Relationship Manager (NRI)

  • Educational Qualification: Graduation from an institute recognised by UGC.
  • Experience: Minimum 3 years of experience as a Relationship Manager in Wealth Management with leading Foreign Banks/Private/Public/Broking/Security Firms. The candidate should have adequate experience in managing Non-Resident Indian(NRIs) clients.
  • Age: The applicant should have completed 23 years of age and should not be more than 35 years old.

Relationship Manager–Team Lead

  • Educational Qualification: Graduation from an institute recognised by UGC.
  • Experience: Minimum of 8 years of experience as a Relationship Manager in Wealth Management with leading Foreign Banks/Private/Public/Broking/Security Firms. Experience as a team lead will be preferred.
  • Age: The applicant should have completed 28 years of age and should not be more than 40 years old.

Customer Relationship Executive (CRE)

  • Educational Qualification: Graduation from an institute recognised by UGC.
  • Experience: The candidate should have experience in documentation requirements of financial products and must possess good communication skills. The candidate must have a driving license for Two-wheeler.
  • Age: The applicant should have completed 20 years of age and should not be more than 35 years old.

Zonal Head Sales (Retail) (Eastern Zone)

  • Educational Qualification: Graduation from an institute recognised by UGC.
  • Experience: Minimum of 15 years of experience in managing sales in Wealth Management with leading Foreign Banks/Private/Public/Broking/Security Firms. Out of these 15 years, The candidate should have a minimum experience of 5 years in leading large teams of Relationship Managers.
  • Age: The applicant should have completed 35 years of age and should not be more than 50 years old.

Central Operations Team (COT) Support

  • Educational Qualification: Graduation from an institute recognised by UGC.
  • Experience: Minimum of 3 years of experience in investment advisory, private banking, Financial services or Wealth Management Solution Providers. Out of these 3 years, the candidate should have a minimum of 2 years experience in Central Operations in Wealth Management Business.
  • Age: The applicant should have completed 30 years of age and should not be more than 40 years old.

Risk & Compliance Officer

  • Educational Qualification: Graduation from an institute recognised by UGC. Professional Qualification in Risk management will be preferred.
  • Experience: Minimum 5 years of experience in Wealth Management with leading Foreign Banks/Private/Public/Broking/Security Firms with 3 years of experience in Risk Compliance.
  • Age: The applicant should have completed 25 years of age and should not be more than 40 years old.

Exam Pattern

The SBI SO Recruitment consists of Three Stages. Firstly, the shortlisting of Applications will take place. The shortlisted candidate then will be called for the interview. Finally, after the Interview, a merit list will be prepared.

The Interview will be totally based on Knowledge and skills required for the job and the experience that the candidate has.

Registration 

How to Apply for the SBI SO Recruitment?

The candidate should follow the given procedure to fill the application form:

  • Candidates have to visit the official website of SBI at www.sbi.co.in/careers and click on the 'Current Openings' link under 'Join SBI'.
  • Click on the 'Apply Online' link under the post you are looking for.
  • Candidates have to click on "click here for new registration" in order to get themselves registered. After completion of the registration, candidates will receive the login id and password and they have to use that for further login.
  • Fill in the mandatory details like name of the candidate, DOB, mobile number, address and click the submit option.
  • After submission, the scanned images of the photograph of the candidate and signature of the candidate should be uploaded. 
  • Pay the fees and take the print out of the Application form for future reference.

Application form

The application form was released in the month of May. The candidates were able to fill the SBI SO Application form of SBI SO online at the official website of SBI. The candidates can apply for more than post. 

The application fee for SBI SO Exam can be paid online only through Debit card/credit card/ Internet Banking etc. The application fees for General/EWS/OBC candidates is Rs. 750 and the fees that the candidate belonging to SC/ST/PwD categories have to pay is Rs. 125.

Documents Required to Apply for SBI SO Exam

The candidates need to upload the soft copy of the following documents:

  • Brief Resume (DOC or DOCX or PDF)
  • ID Proof (PDF)
  • Proof of Date of Birth (PDF)
  • Educational Certificates: Relevant Mark-Sheets/ Degree Certificate (PDF)
  • Experience certificates (PDF)
  • Form-16 (PDF)
  • Recent Photograph
  • Signature

Note: The scanned images should satisfy the following criteria:

  • The Size of Photograph should be in between 20 kb - 50 kb and Dimensions of the image should be less than 200 x 230 pixels.
  • The Size of the scanned image of the sign should be in between 10 kb - 20 kb and Dimensions of the image should be less than 140 x 60 pixels. 

Result: 

The Result for SBI SO Recruitment exam will be declared in the Third week of July. The SBI SO Result will be released on the official website of the SBI.  The result will contain the names of candidates who are selected for the exam. The selected candidate will then be given call letters.

How to view the SBI SO Result?

The SBI SO Result will be sent to the candidates through their Email ID. The candidates are advised to keep their email ID active and keep checking their emails during the third week of July.

Selection Process

The process starts with the candidates registering themselves for the exam. The candidates then will be shortlisted based on their experience and skills. The shortlisted candidates will be called for the interview. The Interview will be deciding factor in the selection. All the candidates who make it through the interview will be given the call letters.

If there is a tie in the score of two candidates, the selection will be made based on the Date of Birth of Candidates. The candidate who has more age will be selected over the other. 

Latest News

The Interviews are going to take place in the second week of July.

Salary 

The Salary for each post under SBI SO is given below. The salary is negotiable, and the negotiation can be done during the interview. Also apart from the

SBI SO Salary
S No. Post Annual CTC (approx.)*
1 Head (Product, Investment & Research) ₹.80.00 lacs to ₹.99.62 lacs
2 Central Research Team (Fixed Income Research Analyst) ₹.25.00 lacs to ₹.45.00 lacs
3 Relationship Manager  ₹.6.00 lacs to ₹.15.00 lacs
4 Relationship Manager (e-Wealth)
5 Relationship Manager (NRI)
6 Relationship Manager (Team Lead) ₹.10.00 lacs to ₹.28.00 lacs
7 Customer Relationship Executive ₹.2.00 lacs to ₹.3.00 lacs
8 Zonal Head Sales (Retail) (Eastern Zone) ₹.25.00 lacs to ₹.45.00 lacs
9 Central Operation Team Support ₹.10.00 lacs to ₹.15.00 lacs
10 Risk & Compliance Officer ₹.22.00 lacs to ₹.27.00 lacs

FAQs

Q. Do I need to send the documents through the post?

Ans. There is no need to send any documents through the post. Uploading the scanned images of the documents is sufficient.

Q. What is the application fee for SBI PO 2019 Exam?

Ans. The application fee is different for different categories which are as follows:

  • For General/OBC - INR 750
  • For SC/ST/PwD - INR 125

Q. Is there any age relaxation for reserved category in SBI PO 2019?

Ans. Yes. There is age relaxation for OBC, ST, SC and PwD candidates.

  • For OBC - 3 years
  • For ST/SC - 5 years
  • For PwD with OBC - 13 years
  • For PwD with ST/SC - 15 years
  • For PwD (General/EWS) - 10 years

Q. What is the contract period for the above-mentioned posts?

Ans. The Contract is there for 5 years. During these 5 years, for the first year, the candidates will be on probation.

 

Discussion Forum



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