State Bank of India (SBI), Central Recruitment & Promotion Department, is inviting application from the eligible candidates for 255 posts of Officers for Wealth Management in Specialized positions viz. – Sales Head, Products, Investments & Research Head, Operations Head, Manager (Business Development), Manager (Business Process), etc. Interested and eligible candidates may apply Online only through the official website of the State Bank of India (See URL below). Advt. No.- CRPD/SCO-WM/2016-17/21. Appointment of selected candidate will be on contract basis. Educational qualification required and other details, in brief, for informational purpose only in interest of job-seeker, are given below —

 

STATE BANK OF INDIA INVITES ONLINE APPLICATION FOR 255 POSTS OF SALES HEAD, PRODUCTS, INVESTMENTS & RESEARCH HEAD, OPERATIONS HEAD, MANAGER (BUSINESS DEVELOPMENT), MANAGER (BUSINESS PROCESS), ETC.

LAST DATE — 10.04.2017

 

POSITIONS IN SPECIALIST CADRE FOR WEALTH MANAGEMENT

1. OPERATIONS HEAD

No. of Vacancies: 01 Nos. (UR)

Educational Qualification: MBA/ PGDM from reputed College.

Experience: Minimum 15 Years of Experience in financial services, investment advisory and private banking out of which minimum 8 years of experience in setting up and Managing Mid Office, Back Office and Branch Operations of Wealth Management set up. Exposure on CRM platform for Wealth Management is preferred. Experience in handling trade and data for transactions across asset classes like equity, bonds, mutual funds and alternates. Should have managed a large operations team in Wealth Management business.

Age Limit: 35 yrs – 45 yrs as on 01.03.2017

 

2. SALES HEAD

No. of Vacancies: 01 Nos. (UR)

Educational Qualification: MBA/ PGDM from reputed Colleges.

Experience: i) Minimum 15 Years of relevant work experience in financial services, Investment advisory and Private banking; ii) Minimum Eight Years of Experience in Wealth Management; iii) Should have managed large Management Team; iv) Excellent Knowledge of Equity Products, PMS, Mutual Funds and Advisory; v) Should have Exposure to CRM; vi) Proven track record of High Performance and Leadership; vii) Should have relevant work experience at a national level with large Wealth Management organizations; viii) Should have managed a large team of relationship managers & Team Leads at a national level.

Age Limit: 40 yrs – 52 yrs as on 01.03.2017

 

3. PRODUCTS, INVESTMENTS & RESEARCH HEAD

No. of Vacancies: 01 Nos. (UR)

Educational Qualification: Graduation /Post Graduation from the reputed Colleges.

Knowledge and Experience in Market Analytics and Passion for Research in Economics trend and Products.

Experience: i) Minimum 15 Years of relevant work experience in financial services, Financial Product Development, Investment Advisory and Private Banking. ii) Minimum Eight Years of Experience in Wealth Management. iii) Excellent Knowledge of Equity Products, PMS, Mutual Funds and Advisory. iv) Experience in Product Development and Structuring for Private Wealth Clients. v) Experience in managing investment counselors/ advisors at a national level with leading banks/ financial institutions.

Age Limit: 40 yrs – 52 yrs as on 01.03.2017

 

4. MANAGER (BUSINESS DEVELOPMENT)

No. of Vacancies: 01 Nos. (UR)

Educational Qualification: MBA/ PGDM from reputed College/ University.

Experience: Minimum 5 years of experience in Bank/ Wealth Management firms/broking firms and Experience in business development in wealth management area.

Age Limit: 30 yrs – 40 yrs as on 01.03.2017

 

5. MANAGER (BUSINESS PROCESS)

No. of Vacancies: 01 Nos. (UR)

Educational Qualification: MBA/ PGDM from reputed College/ University.

Experience: Minimum 5 years of experience in Bank /Wealth Management firms / broking firms / Wealth management solution firms and Experience in business process management in wealth management area.

Age Limit: 30 yrs – 40 yrs as on 01.03.2017

 

6. CENTRAL RESEARCH TEAM

No. of Vacancies: 04 Nos. (UR-03; OBC-01)

Educational Qualification: MBA/ PGDM from reputed College/ University.

Experience: Minimum 5 Years of Experience in Fixed Income Research / MF Research / Equity and Derivative Research / Portfolio Analytics in Wealth Management Firm / Bank / AMC.

Age Limit: 30 yrs – 40 yrs as on 01.03.2017

 

7. ACQUISITION RELATIONSHIP MANAGERS

No. of Vacancies: 21 Nos. (UR-12; OBC-05; SC-03; ST-01)

Educational Qualification: Graduate from Government recognized University or Institution.

Experience: Minimum 2 years of experience in acquisition of High Net Worth clients (Clients having a minimum Total Relationship Value (TRV) of INR.20.00 lakh or more) in Wealth Management business with leading Public /Private / Foreign Banks / Broking / Securities firms and other financial institutions.

Age Limit: 22 yrs – 35 yrs as on 01.03.2017

 

8. RELATIONSHIP MANAGERS

No. of Vacancies: 120 Nos. (UR-61; OBC-32; SC-18; ST-09)

Educational Qualification: Graduate from Government recognized University or Institution.

Experience: 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 relationship with High Net Worth Clients (Clients having a minimum Total Relationship Value (TRV) of Rs.20.00 lakh.

Age Limit: 23 yrs – 35 yrs as on 01.03.2017

 

9. RELATIONSHIP MANAGER (TEAM LEAD)

No. of Vacancies: 15 Nos. (UR-08; OBC-04; SC-02; ST-01)

Educational Qualification: Graduate from Government recognized University or Institution.

Experience: Minimum 4 years of experience as a Relationship Manager in Wealth Management Experience as a Team Lead is preferred.

Age Limit: 25 yrs – 40 yrs as on 01.03.2017

 

10. INVESTMENT COUNSELLORS

No. of Vacancies: 25 Nos. (UR-15; OBC-06; SC-03; ST-01)

Educational Qualification: Graduate/Post Graduate with AMFI/ NISM (Module V) certified from Government recognized University or Institutions.

Candidates with CFP/ CFA/SEBI IA Certifications will be preferred.

Experience: Minimum 3 years of experience as an Investment advisor / counselor / part of Product Team in Wealth Management organization.

Following skills are preferred:

i) Good knowledge on investments and markets across asset classes.

ii) Experience in managing and advising client portfolios.

iii) Good knowledge on asset allocation and re-balancing techniques

iv) Superior presentation skills & other core competencies like leadership and team work.

Experience in products of fixed income, equity & alternate markets.

Age Limit: 23 yrs – 35 yrs as on 01.03.2017

 

11. CUSTOMER RELATIONSHIP EXECUTIVES

No. of Vacancies: 65 Nos. (UR-35; OBC-17; SC-09; ST-04)

Educational Qualification: Graduate from Government recognized University or Institution.

Desirable: Experience in documentation requirements of financial products and good communications skills would be desirable.

Age Limit: 20 yrs – 35 yrs as on 01.03.2017

 

Upper Age Relaxation: Upper age limit is relaxable by 05 years for SC/ST, 03 years for OBC and 10 years for PWD category. Ex-Serviceman & Others, if any — As per Govt. norms.

 

Candidates’ Selection: Selection will be through Preliminary and Main Examination. Candidates who will qualify in preliminary examination and shortlisted will have to appear for Main examination and shortlisted candidates in the main examination will subsequently be called for a Group Exercises & Interview.

Depending upon the Bank’s requirement the above vacancies may be available at one or more of the following centers — Ahmedabad, Bengaluru, Bhopal, Chennai, Delhi NCR, Hyderabad, Kochi, Mumbai, Pune, Thiruvananthapuram, Kolkata, Chandigarh and Indore.

Exact Date, Time and Venue for examination/interview will be intimated to the eligible candidates in due course as well as such information will be also available in the official website of State Bank of India — www.sbi.co.in

 

For more details regarding candidates’ selection norms and eligibility norms, go through the officially released advertisement (See URL/PDF below).

 

Application Fee: Candidates must pay Rs.600/- (for ST/ PWD/ SC candidate is Rs.100/-) as Application Fee. Fee can be paid through online mode during submission of online application form by using Debit/Credit card or Net banking or any other option available. See officially released advertisement for more details.

 

How to Apply: Interested and eligible candidates may apply online only through the official website of State Bank of India — www.sbi.co.in (See Application form’s link given below) from dated 24.03.2017 to 10.04.2017

Upon successful payment of prescribed fee and submission of online application form, the system generated Registration/ Acknowledgement Slip with unique registration number will appear on the computer screen. Candidates must print-out it in two copies on plain A4 size paper. One copy of the print-out must be retained by the candidate for future references and the other copy is to be send along with attested copies of testimonials (qualification certificate/mark sheet, age proof, caste certificate, experience certificate if applicable and etc), at the below given address so as to reach on or before 13.04.2017

 

For detailed instruction on how to apply online, please go through the officially released advertisement (See below given link/ PDF file for more details)

 

Address to send the Print-out of Online Application:
State Bank of India, Central Recruitment & Promotion Department, Corporate Centre, 3rd Floor, Atlanta Building, Nariman Point, Mumbai – 400021

 

Important Dates:

Starting Date of Online Application: 24.03.2017

Closing Date of Online Application: 10.04.2017

Last Date of receipt of print-out along with enclosures: 13.04.2017

 

Above given information are in brief. Before applying Online please go through the officially released Advertisement

Official website of State Bank of India — www.sbi.co.in

For Advt., See following PDF file — See detailed Advt.

To Apply Online now, visit the following URL — Visit the URL