SBI Jobs – Recruitment of Specialist Cadre Officers for Wealth Management Business Unit 2019
The State Bank of India (SBI) is the largest Commercial Bank in India. It was operated by the Government of India. The bank has its headquarters in Mumbai, Maharashtra and has branches in across India.
State Bank of India invites Online application from Indian citizen for appointment to the following Specialist Cadre Officers posts. Candidates are requested to apply Online through the link given on Bank’s website. Complete details and eligibility criteria for Recruitment process are given below:
ADVERTISEMENT NO: CRPD/ SCO-WEALTH / 2019-20 / 06
Organization Name: The State Bank of India (SBI)
Name of the Exam: Recruitment of Specialist Cadre Officers in SBI on Contract Basis for Wealth Management Business Unit
Name of the post: Specialist Cadre Officers
Vacancy Details:
A. DETAILS OF POSTS VACANCY/ AGE/ SELECTION PROCESS/CONTRACT PERIOD/TRANSFER POLICY/PLACE OF POSTING:
B. DETAILS OF EDUCATIONAL QUALIFICATION/ OTHER QUALIFICATIONS/ EXPERIENCE:
1. Head (Product, Investment & Research)
No of Vacancy: 01 post
Qualification: Graduation/Post Graduation from Government recognized University/ Institution or Reputed Colleges.
Other preferred qualification: Knowledge and Experience in Market Analytics and Passion for Research in Economics trend and Products.
Essential Experience: Minimum 12 years of relevant work experience in financial services, financial product development, investment advisory and private banking. Minimum 8 years of experience in Wealth Management. (Total 12 years’ experience is inclusive of 8 years) Excellent knowledge of Equity Products, PMS, Alternate Investments, Mutual Funds.
Experience in Product Development and Structuring for Private Wealth Clients.
Experience in managing Investment Counsellors/ Advisors at a National Level with Leading Banks/ Financial Institutions.
2. Central Research Team (Fixed Income Research Analyst)
No of Vacancy: 01 post
Qualification: MBA/PGDM from recognized college/University.
Other Preferred qualification: CFA/CFP/CWM/Graduate or Post Graduate degree in Economics.
Minimum 5 years’ experience in Fixed Income Research in Wealth Management/AMC (Mutual Funds)/Banks.
Preferred Experience: a) Minimum 10 years’ experience in Fixed income research/ research analytics.
b) Excellent knowledge of local and global economic trends. c) Knowledge on Primary/ Secondary market, Fixed Income Markets.
d) Experience in creating views about debt markets. e) Proficiency in using Excel/Modelling Techniques/ Bloomberg/ Reuters/ Morning Star/ CRISIL databases
Place of Posting: Mumbai
3. Relationship Manager (RM)
Minimum 3 years’ experience as a Relationship Manager in Wealth Management with leading Public/ Private/Foreign Banks/Broking/Security Firms.
The candidate should have adequate experience in building and managing the relationship with High Net Worth Clients (having a minimum Total Relationship Value (TRV) of Rs.20.00 lakh.
4. Relationship Manager (e-Wealth)
No of Vacancy: 20 posts
Minimum 3 years of experience as a Relationship Manager in Wealth Management with leading Public/Private/Foreign Banks/Broking/Security Firms, of which at least one year experience in managing the relationship with HNI clients over telephone/video/digital channels. OR 3 years’ experience in sales/service of High-Value financial products through a digital medium (telephone/video or web).
Place of Posting: Pan India*
No of Vacancy: 486 posts
Minimum 3 years of experience as a Relationship Manager in Wealth Management with leading Public/Private/Foreign Banks/Broking/Security Firms.
The candidate should have adequate experience in building and managing a relationship with High Net Worth NRI Clients.
Place of Posting: Kochi
6. Relationship Manager – Team Lead
No of Vacancy: 20 posts
Minimum 8 years of experience in relationship management in wealth management. Experience as a Team Lead is preferred.
7. Customer Relationship Executive (CRE)
No of Vacancy: 66 posts
Experience in documentation requirements of financial products and good communications skills would be desirable. Specific Skill required: Should have a valid driving license for two-wheeler.
Place of Posting: Pan India*
8. Zonal Head Sales (Retail) (Eastern Zone)
No of Vacancy: 1 post
Minimum 15 years of experience in managing sales in Wealth Management/Retail Banking/Investments in the financial services industry.
Out of which minimum 5 years of experience in leading a large team of Relationship Managers and Team Lead in Wealth Management business.
Place of Posting: Kolkata
9. Central Operations Team (COT) Support
No of Vacancy: 03 post
Minimum 3 years of experience in Financial services, investment advisory, private banking or Wealth Management Solution Providers out of which minimum of 2 years’ experience in Central Operations in Wealth Management Business
Specific Skills required: Excellent knowledge of Equity Products, Structured Products, PMS and Mutual Funds.
Qualification: Graduate from Government recognized University or Institution.
10. Risk & Compliance Officer
No of Vacancy: 01 post
Qualification: Graduate from Government recognized University or Institution.
Professional Qualification in Risk/Compliance preferred.
Minimum 5 years of experience in Wealth Management business, out of which minimum of 3 years’ experience in Risk & Compliance in Wealth Management.
Place of Posting: Mumbai
Application fees:
Application fees and Intimation Charges (Non-refundable) is 750/- ( Seven Hundred Fifty only) for General/EWS/OBC candidates and 125/- ( One hundred Twenty-Five only) for SC/ ST/ PWD candidates.
Selection Process: Shortlisting, One or more rounds of Personal/Telephone/ Video Interview & CTC Negotiation
Important Dates :
Starting Date of Online Application: 23.05.2019
Last Date of Online Application: 12.06.2019.
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How to Apply SBI Jobs – Recruitment of Specialist Cadre Officers for Wealth Management Business Unit 2019.
Eligible candidates may apply online through the Official website of SBI for the post of of Specialist Cadre Officers for Wealth Management Business Unit . Online Registration of Application & payment of fees: From 23.05.2019 to 12.06.2019.
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