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SBI Recruitment 2021 for Central Research Team Notification Apply Online 4 Job Vacancies 21 October 2021

Sarkarijoblive Desk | Updated: Sep 28,2021 12:19 PM

SBI Recruitment 2021 Notification: State Bank of India(SBI) has released the Recruitment Notification for the Post of Central Research Team on 28 September 2021 in Mumbai. Candidates Who wants to apply for SBI Central Research Team Vacancies, apply on or before 18 October 2021


SBI Recruitment 2021 - Central Research Team Vacancies

Central Research Team Vacancies in SBI Recruitment 2021

Central Research Team
Rs.700000 - Rs.4500000 (Per Year)

Qualification Details:

State Bank of India invites Online application from Indian citizen for appointment to the following Specialist Cadre Officers posts.

1. Name of Post: Central Research Team (Product Lead)

2. Total Vacancy: 02

3. Place of Posting: Wealth Management Business Unit, Corporate Centre, Mumbai

4. CTC Range: Rs. 25-45 lakhs

5. Period of contract: 5 years (Including a Probation Period of one year) and Nonrenewable

6. Educational Qualification: MBA/PGDM from recognised College/University or CA/CFA Preferred: NISM Investment Advisor / Research Analyst Certificate/CFP( As on 01/08/2021)

7. Post Qualification Experience (As On 01.08.2021): Minimum 5 years post qualification experience in Equity Research/Products experience in Wealth Management / AMC (Mutual Funds) / Banks.  

Preferred Experience:

a) Minimum 8 years’ experience in Equity/Fixed Income Research/MF Research Analytics
b) Excellent Knowledge on local and global economic trends
c) Excellent Knowledge on local Primary/Secondary Equity Markets/Fixed Income and on PMS/AIF/MF/ Structured Products schemes in India.
d) Experience in creating views and research-based publication on capital Market / sector trends.
e) Proficiency in using Excel / Modeling techniques / Bloomberg / Reuters /Morning Star / CRISIL data bases.
f) Flair for equity, understanding of all exchange traded products including bonds, INVIT, MLDs, REITs, Section 54 EC Bonds.

8. Job Profile : 

The Official would work closely with Product, Investment & Research Head and would be responsible for running products program of wealth products and liaison with Market data Aggregators and Research providers. The Official will be responsible to write product notes, market updates, investment outlook and evaluate latest product offering in addition handling all queries related to products.


1. Name of Post: Central research Team (Support)

2. Total Vacancy: 02

3. Place of Posting: Wealth Management Business Unit, Corporate Centre, Mumbai

4. CTC Range: Rs. 7-10 lakhs

5. Period of contract: 5 years (Including a Probation Period of one year) and Nonrenewable

6. Educational Qualification: Graduate/Post Graduate in - Commerce/Finance/Economics/Management/Mathematics/ Statistics from Government recognized University or Institution.

7. Post Qualification Experience (As On 01.08.2021): Candidate should have post qualification experience of minimum 3 years work experience in financial services providing support to Research / Publications departments. 

 Preferred Skills:

a) Candidate should be proficient in Microsoft Excel, Power point, Word, Outlook.
b) Candidate should have inclination to undertake research by reading various reports or websites.
c) Candidate should be able to support Research team by aggregating and providing support for analysing data through various research tools / software like BLOOMBERG, REUTERS, CRISIL, ICRA etc

8. Job Profile : Role will include creating and updating excel worksheets related to Macro Economy, Stock & Sector research, Fixed Income research, creating portfolio review templates etc


Application Fee:

Application fees and Intimation Charges (Non-refundable) is 750/- ( Seven Hundred Fifty only) for General/EWS/OBC candidates and no fees/intimation charges for SC/ ST/ PWD candidates.

Age Limit:

Age as on 01.08.2021: 25 - 45 yrs

How To Apply:

1. The process of Registration is complete only when fee is deposited with the Bank through Online mode on or before the last date for payment of fee.

2. Before applying, candidates are requested to ensure that they fulfil the eligibility criteria for the post as on the date of eligibility. 

3. Candidate can apply for more than one post.

4. Candidates are required to upload all required documents (brief resume, ID proof, age proof, caste certificate, PWD Certificate (if applicable), educational qualification, experience etc.) failing which their application/candidature will not be considered for shortlisting/ interview.

5. Short listing will be provisional without verification of documents. Candidature will be subject to verification of all details/ documents with the original when a candidate reports for interview (if called).

6. In case a candidate is called for interview and is found not satisfying the eligibility criteria (Age, Educational Qualification and Experience etc.) he/ she will neither be allowed to appear for the interview nor be entitled for reimbursement of any travelling expenses.

7. Candidates are advised to check Bank’s website https://bank.sbi/careers or https://www.sbi.co.in/careers regularly for details and updates (including the list of shortlisted/ selected candidates). The Call (letter/ advice), where required, will be sent by e-mail only (no hard copy will be sent).

8. All Revisions/ Corrigendum (If Any) Will Be Hosted On The Bank’s Website Only.

9. In case more than one candidate scores same marks as cut-off marks in the final merit list (common marks at cut-off point), such candidates will be ranked in the merit according to their age in descending order. 

10. Hard copy of application & other documents not to be sent to this office.

11. Candidates are requested to apply Online through the link given on Bank’s website https://bank.sbi/careers or https://www.sbi.co.in/careers

12. Online Registration Of Application & Payment Of Fees: From 28.09.2021 To 18.10.2021

13. Details of Document to be uploaded:

I. Brief Resume (PDF)
II. ID Proof (PDF)
III. Proof of Date of Birth (PDF)
IV. Caste certificate (PDF)
V. PWD certification (if applicable) (PDF)
VI. Educational Certificates: Relevant Mark-Sheets/ Degree Certificate (PDF)
VII. Experience certificates (PDF)/Driving Licence (Two-wheeler) (PDF)
VIII. Form-16/Offer Letter/Latest Salary slip from current employer (PDF)
IX. NOC (If applicable) (PDF)
X. Recent Photograph
XI. Signature 

Selection Procedure:

1. The Selection Will Be Based On Shortlisting And Interview. Mere Fulfilling Minimum Qualification And Experience Will Not Vest Any Right In Candidate For Being Called For Interview.

2. The Shortlisting Committee Constituted By The Bank Will Decide The Shortlisting Parameters And Thereafter, Adequate Number Of Candidates, As Decided By The Bank Will Be Shortlisted And Called For Interview. The Decision Of The Bank To Call The Candidates For The Interview Shall Be Final.

3. No Correspondence Will Be Entertained In This Regard.

4. Merit List: Merit List For Selection Will Be Prepared In Descending Order On The Basis Of Scores Obtained In Interview Only. In Case More Than One Candidate Score The Cut-off Marks (Common Marks At Cut-off Point), Such Candidates Will Be Ranked According To Their Age In Descending Order, In The Merit.

5. Shortlisting, one or more rounds of Personal/Tele phone/Video Interview and CTC negotiation.

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