State Bank of India opened applications on 2 November 2026 for two separate regular Specialist Cadre Officer recruitment advertisements, covering seven foreign-exchange/product-research positions and three risk-specialist positions. Both are listed on SBI’s official careers portal with 23 November 2026 as the last application date. The forex/research advertisement contains specific experience and no-objection-certificate rules of practical interest to officers already working in banks.
Two recruitment notices, not a general bank-wide promotion
The State Bank of India careers page, inspected on 3 November 2026, lists two separate regular Specialist Cadre Officer recruitments that opened for online applications on 2 November 2026. Advertisement CRPD/SCO/2026-27/26 covers foreign-exchange and product-research posts; advertisement CRPD/SCO/2026-27/27 is for Risk Specialist posts. Both listings show 23 November 2026 as the application deadline. These are external/regular recruitment notices, not an internal promotional examination or an announced change to the service conditions of existing SBI staff.
Which vacancies have been listed?
| Official advertisement | Role | Number | Key verified detail |
|---|---|---|---|
| CRPD/SCO/2026-27/26 | Chief Manager (Product & Research – Forex & Rupee Derivatives), SMGS-IV | 1 | Shortlisting and interview; suggested posting Mumbai |
| CRPD/SCO/2026-27/26 | Manager (Product & Research Analyst), MMGS-III | 6 | Includes one backlog OBC vacancy; shortlisting and interview |
| CRPD/SCO/2026-27/27 | Risk Specialist, separate regular recruitment | 3 | SBI careers confirms the notice and dates; Amar Ujala reports three posts; consult /27 for eligibility |
The seven /26 vacancies are confirmed by the official detailed advertisement; the count of three /27 Risk Specialist positions is from Amar Ujala, not from an inspected /27 PDF. Its Manager total includes five regular vacancies plus one backlog vacancy; it is incorrect to add that backlog position on top of the notified six. SBI’s official careers page separately hosts advertisement /27; its detailed PDF was not reliably accessible during this verification, so this report intentionally does not assert uninspected /27 qualification, pay, age or reservation particulars.
Experience and education under the forex/research notification
The /26 recruitment notice names a postgraduate management qualification—MBA, PGDBM, PGDM, PGDBA or an equivalent recognised degree—as the mandatory base qualification for both categories, with a preference for a finance specialisation. Qualifications such as CFA, FRM, CA and CMA are listed as preferred, not substitutes for every mandatory condition. Eligibility dates in this notification are 30 September 2026.
| Requirement | Chief Manager (SMGS-IV) | Manager (MMGS-III) |
|---|---|---|
| Age on 30 September 2026 (unreserved) | 30–40 years | 24–36 years |
| Relevant post-qualification experience | At least 7 years in forex and rupee markets | At least 3 years in equity, forex or debt research |
| Source-permitted experience sectors | Banks, NBFCs, corporates, research/brokerage firms, mutual funds and related organisations | Banks, NBFCs, corporates, research/brokerage firms, mutual funds and related organisations |
| Selection | Shortlisting and interview | Shortlisting and interview |
For /26, SBI expressly says teaching or training experience does not count towards the stipulated work-experience requirement. Meeting the minimum academic and experience criteria does not automatically entitle an applicant to an interview. SBI’s selection process uses a 100-mark interview after shortlisting, with merit determined by interview scores according to its notification. Age relaxation, reserved vacancies and disability provisions must be checked against the relevant clauses of the official advertisement.
What serving bank officers should check before applying
- Relevant experience: A general banking career is not necessarily sufficient for the /26 posts. Check whether the actual work performed meets the stated forex, rupee-market or research specialisation.
- Employer NOC: Under /26, applicants serving in government, public-sector undertakings, nationalised banks and financial institutions are advised to produce a No Objection Certificate at the interview; the document-upload section calls it mandatory at interview for applicants working in government institutions, PSUs and PSBs. Do not assume that submitting the online form removes that requirement.
- Location: Mumbai is indicated as a suggested posting for the /26 roles, not a guaranteed lifelong location. SBI retains the right to post or transfer selected officers elsewhere.
- Fees and documents: For /26, the non-refundable fee is ₹750 for General, EWS and OBC applicants and nil for SC, ST and PwBD applicants. SBI also requires supporting qualification and experience documents as specified in the notice. These fee details are specific to /26; check /27 independently.
- Separate notices: Anyone interested in Risk Specialist roles must open CRPD/SCO/2026-27/27 from the official SBI careers list and check its own eligibility, fees and interview process.
Where to verify updates and apply
SBI instructs candidates to apply only through its official recruitment links from the careers portal and to check the website for corrigenda, shortlisting and interview information. For /26, the application and fee-payment window is 2–23 November 2026; the portal lists the same window for /27. Final vacancy counts can change under the bank’s published recruitment conditions. Neither opening automatically confers a right to promotion, deputation or appointment for an existing employee. The notices offer a separate application route subject to all eligibility and selection rules.
Sources and References
Please consult the cited sources and check the exact applicability of any legal or employment change. Corrections are welcomed.
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