SBI Risk Specialist Recruitment 2026

State Bank of India (SBI) Risk Specialist Recruitment 2026: Apply Online for 3 Posts

The Central Recruitment & Promotion Department of the State Bank of India (SBI) has officially released the recruitment notification (Advt. No. CRPD/SCO/2026-27/27) for the engagement of Risk Specialist (Ind AS) on a regular basis under the Specialist Cadre Officer (MMGS-II) scale. A total of 3 vacancies have been announced.
Eligible and interested candidates can apply online through the official SBI careers portal (sbi.bank.in/web/careers/current-openings). The online application window opened on 02 November 2026 and will close on 23 November 2026.
Complete details regarding post distribution, eligibility criteria, salary scale, selection process, and step-by-step instructions are outlined below.

SBI Risk Specialist Recruitment 2026: Overview

Attribute Details
Recruiting Organization State Bank of India (SBI)
Advertisement Number Advt. No. CRPD/SCO/2026-27/27
Post Name Risk Specialist (Deputy Manager / Ind AS)
Grade / Scale Middle Management Grade Scale-II (MMGS-II)
Total Vacancies 3 Posts
Nature of Engagement Regular Basis (Permanent)
Pay Scale ₹64,820 – ₹93,960/- per month
Job Location Mumbai (or anywhere in India at the Bank’s discretion)
Application Mode Online
Official Website sbi.bank.in/web/careers/current-openings

Important Dates & Schedule

  • Notification Release Date: 02 November 2026
  • Online Application Start Date: 02 November 2026
  • Last Date to Apply Online & Fee Payment: 23 November 2026
  • Call Letter Download / Interview Date: To be announced later

Vacancy & Pay Structure

  • Post Name: Risk Specialist (MMGS-II)
  • Vacancies: 3 Posts (Unreserved category with horizontal reservation for PwBD-VI)
  • Basic Pay Scale: ₹64,820 – ₹2340/1 – 67,160 – ₹2680/10 – ₹93,960/-
  • Perks & Allowances: Dearness Allowance (DA), House Rent Allowance (HRA), City Compensatory Allowance (CCA), Provident Fund, Contributory Pension Fund (NPS), Medical Facility, LFC, and other perquisites as per Bank rules.

Eligibility Criteria & Qualifications

1. Educational Qualifications (Mandatory):

  • Candidates must hold a CA (Chartered Accountant) OR CFA (Chartered Financial Analyst) OR MBA / PGDM or equivalent degree in Finance / Data Analytics / Business Analytics from a recognized University or Institute.
  • Preferred/Additional Certification: Financial Risk Manager (FRM) by GARP or Professional Risk Manager (PRM) by PRMIA.

2. Work Experience (Post-Qualification):

  • Minimum 2 years of post-qualification work experience, specifically including relevant experience in Expected Credit Loss (ECL) modelling within the Risk Management Department of a Bank, Financial Institution, Rating Agency, Brokerage Firm, or Risk Advisory Consulting Firm.

3. Age Limit (As on 31 October 2026):

  • Age Range: 25 to 35 Years (Candidates must be born between specified dates as per notification guidelines).
  • Age Relaxations: Upper age limit is relaxable by 3 years for OBC (Non-Creamy Layer), 5 years for SC/ST, and up to 10–15 years for PwBD categories as per government norms.

Application Fee

  • General / EWS / OBC: ₹750/-
  • SC / ST / PwD: Nil (Exempted)
  • Payment Mode: Online via Net Banking, Debit Card, Credit Card, or UPI.

Selection Process

The selection procedure comprises the following stages:
  1. Shortlisting: The Bank will shortlist candidates based on their qualifications, length of experience, and suitability for the profile. Merely satisfying minimum eligibility criteria does not guarantee an interview call.
  2. Interview: The interview carries 100 marks. The qualifying marks for the interview will be determined by the Bank. The final merit list will be prepared exclusively based on scores obtained in the interview.

Step-by-Step: How to Apply Online

  1. Step 1: Visit the official SBI careers portal at https://sbi.bank.in/web/careers/current-openings.
  2. Step 2: Click on “Current Openings” and look for Advertisement No. CRPD/SCO/2026-27/27 for the Risk Specialist position.
  3. Step 3: Click on “Apply Online” and complete the new registration using your basic contact details. A provisional registration number and password will be generated.
  4. Step 4: Log in with your credentials, fill out the application form carefully with educational, personal, and professional experience data.
  5. Step 5: Upload scanned copies of your recent passport-size photograph, signature, resume, experience certificates, ID proof, and academic mark sheets.
  6. Step 6: Pay the application fee through the online payment gateway before 23 November 2026.
  7. Step 7: Submit the final application and save/print a copy of the electronic receipt and application form for future reference.

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