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SBI SO Recruitment Process begins for Grade II, III, IV posts

Last Updated - January 03, 2017

State Bank of India (SBI) has released notice for recruitment of grade II, III, and IV Specialist Officers (SO). The SO vacancies in this cycle include Chief Manager (Risk), Manager (Statistician), Chief Manager (Forex), and Deputy Manager (Interest Rate Market). The vacancies are mainly for Mumbai Center of the bank.

The application process started on December 29, 2016 and will continue till January 13, 2017. Application form can be accessed through the Career link on the bank’s official website. The last date to send print out of application form along with requisite documents is January 20, 2017.

The selection will be made on the basis of an interview. Candidates will be shortlisted for interview based on their academic qualification, experience and their suitability for the job responsibilities. SBI will draw a merit list on the basis of marks scored in interview only.


SBI SO 2016 Important Dates

The application process for SBI SO recruitment has begun and the schedule for the same is given below:

Online Application Process beginningDecember 29, 2016
Last date for application submission and fee paymentJanuary 13, 2017
Last date to send printout of application form with documentsJanuary 20, 2017
InterviewFebruary 2017

SBI SO 2016 Vacancy details

The current cycle of SBI SO recruitment is for grade II, III, and IV posts for Mumbai center of the bank. The post-wise vacancy detail is given below:

Post NameSCSTOBCGeneralTotal
Chief Manager (Risk)--123
Manager (Risk)---33
Manager (Statistician)111-3
Chief Manager (Forex)---11
Deputy Manager (Interest Rate Market)---11

The total vacancy thus is 11. Candidates must check the vacancy available in their respective category before applying for the post.


SBI SO 2016 Eligibility

The eligibility requirement for the different posts listed in this cycle of recruitment is different. Apart from the necessary academic qualification, candidates also need to have relevant experience. The eligibility for each post is given below:

Post NameAcademic EligibilityAge LimitExperience
Chief Manager (Risk)CA or MBA in Finance. Candidates with FRM/PRM will be preferred. Candidate must be proficient in Oracle/SPSS.28-40  yearsMinimum 7 year post-qualification experience in Risk Management.
Manager (Risk)CA or MBA in Finance. Candidates with FRM/PRM will be preferred. Candidate must be proficient in Oracle/SPSS.26-36 yearsMinimum 5 year post-qualification experience in Risk Management.
Manager (Statistician)M.Sc. in Statistics Candidate must be proficient in Oracle/SPSS.30-40 yearsMinimum 7 year post-qualification experience in Risk Management.
Chief Manager (Forex)MBA or PGDBM with finance28-40 yearsMinimum 7 year post-qualification experience in Analysis/Research role in Bank/Financial Institution in Indian Foreign Exchange and Interest Rate Market
Deputy Manager (Interest Rate Market)MBA or PGDBM with finance26-35 yearsMinimum 5 year post-qualification experience in Analysis/Research role in Interest Rate Market

Candidates belonging to Scheduled caste and Scheduled Tribe categories will be given a relaxation of 5 years in upper age limit. Candidates in OBC (non-creamy layer) will be given a relaxation of 3 years in upper age limit.


SBI SO 2016 Application Process

The application process for SBI SO 2016 is in online mode. The application form can be filled on the official website of State Bank of India. The steps involved in application process is given below:

  1. Visit the official website of SBI.
  2. Click on Careers link.
  3. Open the first notification and then click on Apply Now.

Some pre-requisites for application form filling are:

  • Scanned copy of latest photograph
  • Scanned copy of latest signature

The application fee is 600 INR for General and OBC candidates and 100 INR for SC/ST/PWD candidates. The application fee can be paid on the official website itself by a valid credit or debit card or via Internet Banking. After successful submission of application fee, you will receive an e-receipt and application form with the date which should be printed and sent to the following address on or before January 20, 2017:

State Bank of India

Central Recruitment & Promotion Department

Corporate Centre

3rd Floor, Atlanta Building

Nariman Point

Mumbai 400021

Documents to be sent with application form

A candidate needs to send a printout of completed application form along with the following documents:

  • ID Proof
  • Proof of date of birth
  • Academic Qualification Certificates (marksheet/degree certificate)
  • Experience Certificate
  • Brief Resume
  • E-Receipt for fee payment
  • SC/ST/OBC (non-creamy)/PWD certificate (whichever applicable)

SBI SO 2016 Selection Procedure

The selection for the posts mentioned above will be through an interview. Applicants will be shortlisted on the basis of educational qualification, work experience, and their suitability for the job. Shortlisted candidates will be called for interview.

Based on marks scored in interview, SBI will prepare a merit list in descending order. The cut off marks will be decided by the Bank. In case of two candidates scoring same marks, preference will be given to candidates older in age.

Check detailed notification for SBI SO recruitment here


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