State Bank of India (SBI) invites online applications for 10 Specialist Cadre Officer (SCO) posts — Manager and Deputy Manager (Risk Specialist — Model Risk Management). Online registration opens 11 Nov 2025 and closes 01 Dec 2025. The notice targets candidates with quantitative/technical backgrounds (Finance, Maths, Statistics, or engineering in data/IT), reflecting SBI’s push on model risk capabilities.
Overview Section
Organization Name
State Bank of India (SBI) — Central Recruitment & Promotion Department, Corporate Centre, Mumbai.
One-sentence “what’s new” or context
This SCO drive (Advt. CRPD/SCO/2025-26/16) seeks specialists in Model Risk Management, indicating SBI’s focused hiring to strengthen quantitative risk, data science, and model governance capability across its risk teams.
Important Dates
These dates are taken from the official SBI notification (PDF) and the SBI careers page.
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Notification Release: (Published on SBI website; PDF dated/hosted on Nov 2025) — See official PDF.
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Online Registration & Payment Start: 11-11-2025.
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Last Date for Registration / Fee Payment / Closing of Online Application: 01-12-2025.
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Last Date for Editing Application Details: To be notified on SBI careers portal (edit window is provided — check SBI site).
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Call letter / Interview dates: To be notified on bank website (call letters will be issued by email / SBI portal if shortlisted).
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Result / Merit list / Offer: To be notified on SBI website.
Note / Assumption: The official PDF gives the registration window as 11.11.2025 to 01.12.2025 and the age cut-off as 01-11-2025. Any exam / interview date is not specified in the notification and will be published later on SBI’s careers page.
Application Fees & Payment Mode
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General / EWS / OBC (Non-Creamy Layer): ₹750 (non-refundable).
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SC / ST / PwBD: Nil.
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Payment Mode: Online payment only — Internet Banking / Debit Card / Credit Card / UPI etc (through SBI payment gateway).
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Important: Registration is complete only when fee is deposited (where applicable) on or before the last date for payment. Multiple / incomplete applications — only the last valid completed application retained; fees for earlier registrations will be forfeited.
Eligibility Section
Age Limit (state cut-off date)
Age as on 01-11-2025 (as per official PDF):
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Manager (Risk Specialist – Model Risk Management): Minimum 28 years — Maximum 40 years.
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Deputy Manager (Risk Specialist – Model Risk Management): Minimum 25 years — Maximum 35 years.
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Age relaxation: As per Government of India rules (OBC non-creamy layer +3 years; SC/ST +5 years; PwBD variations up to 15 years as per category — see PDF).
Total Posts
10 (Manager: 5; Deputy Manager: 5 — category wise breakdown listed in vacancy table below).
Qualification (precise wording from PDF, paraphrased where needed)
Manager / Deputy Manager (Risk Specialist – Model Risk Management)
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Mandatory: Bachelor’s degree in Finance / Mathematics / Statistics OR B.E. / B.Tech. in Data Science / IT / Computer Science / Software Engineering from a University / Institution / Board recognized by Government of India / AICTE / UGC / approved by Govt. regulatory bodies.
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Preferred: MBA / PGDM / PGDBM / PGDBA in Finance OR Post Graduate Degree in Statistics / Mathematics / Economics / Econometrics.
(Exact eligibility & experience requirements are given in the official notification — candidates must read the PDF.)
Status (Active / Closed / Inactive / Closing Soon)
Status: Active — Online registration window: 11 Nov 2025 — 01 Dec 2025.
Vacancy Details
Combined Vacancy Table (As in official PDF: Advertisement No CRPD/SCO/2025-26/16)
| Sl. No. |
Name of Post |
Grade (Pay Scale) |
SC |
ST |
OBC |
EWS |
UR |
Total |
PwBD (Horizontal) |
Age (Min – Max) |
| 1 |
Manager (Risk Specialist – Model Risk Management) |
MMGS-III |
– |
– |
1 |
– |
4 |
5 |
1 |
28 – 40 |
| 2 |
Deputy Manager (Risk Specialist – Model Risk Management) |
MMGS-II |
– |
– |
1 |
– |
4 |
5 |
1 |
25 – 35 |
| Total |
|
|
– |
– |
2 |
– |
8 |
10 |
2 |
|
Abbreviations: MMGS — Middle Management Grade Scale; SC — Scheduled Caste; ST — Scheduled Tribe; OBC — Other Backward Classes (Non-Creamy Layer); EWS — Economically Weaker Sections; UR — Unreserved; PwBD — Persons with Benchmark Disabilities; VI — Visually Impaired; HI — Hearing Impaired; LD — Locomotor Disability. (Table reconstructed from the official PDF.)
Post Name & Eligibility Table
| Post Name |
Required Qualification (short) |
Vacancies |
| Manager (Risk Specialist – Model Risk Management) |
Bachelor’s in Finance/Mathematics/Statistics OR B.E./B.Tech in Data Science / IT / CS / Software Engineering. Preferred: MBA/PGDM or PG in Stats/Maths/Econ/Econometrics. |
5 |
| Deputy Manager (Risk Specialist – Model Risk Management) |
Same as Manager (Mandatory: Bachelor’s in Finance/Maths/Stats OR B.E./B.Tech in Data Science/IT/CS/Software Eng). Preferred PGs as above. |
5 |
How to Check, Download & Apply
Step-by-step (user-optimised)
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Read the official PDF first (important): Download the PDF (link below) and read sections: eligibility, experience, documents required, reservation & age-relaxation rules.
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Prepare documents: latest resume (PDF), scanned passport-size photograph (JPEG/PNG), scanned signature (JPEG/PNG), ID proof (Aadhaar / Passport) — keep originals for interview. Filename suggestions:
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SBI_SCO_Resume_<YourName>.pdf
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SBI_SCO_Photo_<YourName>.jpg
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SBI_SCO_Sign_<YourName>.jpg
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SBI_SCO_ID_<YourName>.pdf
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Visit application page: Click the exact application link: “Apply Online” — https://recruitment.sbi.bank.in/crpd-sco-2025-26-16/apply (this is the SBI recruitment apply page for Advt. CRPD/SCO/2025-26/16). Also useful: SBI careers current openings page — https://sbi.bank.in/web/careers/current-openings.
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Register / New Registration: Click “Click for New Registration”. Fill required fields and note down registration number & password. Use a valid email & active mobile.
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Upload files as per the “How to Upload Documents” specification in the online form (strict size & dimension rules — follow the PDF).
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Pay application fee (if applicable) online and verify transaction. Remember: registration completes only after successful fee payment (where fee applies).
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Print / Save Application: After submission, print the confirmation page and save the PDF copy and payment receipt: SBI_SCO_Application_<YourName>.pdf.
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Monitor email & SBI website for call letter / interview intimation.
Screenshot instructions (recommended):
Exact Link Text + URLs (for quick copy-paste):
Mode of Selection
Selection stages as per official notification:
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Shortlisting — Candidates meeting minimum qualification & experience may be shortlisted. The shortlisting committee decides parameters and number of candidates called for interaction/interview. Meeting minimum eligibility does not guarantee call.
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Interview / Interaction — Will carry 100 marks. Qualifying marks will be decided by the Bank.
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Merit List — Prepared on basis of interview scores only (descending order). If multiple candidates have same marks at cut-off, ranking by age (descending).
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Document Verification & Medicals — Candidate’s appointment conditional on verification of original documents, references, medical fitness, CIBIL status, NOC (if employed), etc.
Weightages: Interview carries 100 marks; shortlisting parameters are decided by Bank (no numeric weight to other stages is specified — interview alone determines merit as per notification).
