State Bank of India (SBI), Central Recruitment & Promotion Department, has issued Advertisement No. CRPD/SCO/2026-27/27 dated 02.11.2026 for SBI Risk Specialist Recruitment 2026 for 03 posts. Eligible Indian citizens can apply for the Specialist Cadre Officers post on a regular basis online through the official SBI careers portal at sbi.bank.in. The online registration of application and payment of fees starts on 2nd November 2026.
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Applications will close on 23rd November 2026. Candidates must have CA or CFA or MBA/PGDM or equivalent degree in Finance/Data Analytics/Business Analytics from a recognized institute, along with a minimum of 2 years of post-qualification work experience in dealing with Expected Credit Loss (ECL) related modelling in the Risk Management Department of any Bank/Financial Institution/Rating Agency/Brokerage firm or Risk Advisory in a Consulting Firm. The selection process comprises shortlisting and interview.
SBI Risk Specialist Recruitment 2026: Overview
Candidates can check the important details of the SBI Risk Specialist Recruitment 2026 in the table below.
| Particulars | Details |
|---|---|
| Recruiting Organisation | State Bank of India (SBI), Central Recruitment & Promotion Department |
| Post Name | Risk Specialist |
| Advertisement No. | CRPD/SCO/2026-27/27 |
| Total Vacancies | 03 (UR) |
| Recruitment Year | 2026 |
| Post Type | Specialist Cadre Officers (Regular Basis) |
| Grade | MMGS-II |
| Application Mode | Online |
| Application Portal | https://sbi.bank.in/web/careers/current-openings |
| Application Start Date | 2nd November 2026 |
| Application Last Date | 23rd November 2026 |
| Educational Qualification | CA or CFA or MBA/PGDM or equivalent in Finance/Data Analytics/Business Analytics |
| Experience | Minimum 2 years of post-qualification ECL-related modelling experience |
| Age Limit | 25 to 35 years as on 31.10.2026 |
| Selection Process | Shortlisting and Interview |
| Application Fee | Rs. 750 for General/EWS/OBC; Nil for SC/ST/PwBD |
| Pay Scale | Basic Pay: 64820-2340/1-67160-2680/10-93960 |
| Job Location | Mumbai (may be posted anywhere in India) |
SBI Risk Specialist Recruitment 2026 Notification PDF
Candidates can download the SBI Risk Specialist notification 2026 PDF to check the detailed eligibility criteria, vacancies, dates, guidelines, and other important instructions. The official PDF is attached below. Candidates can click on the link below to download the notification PDF.
SBI Risk Specialist Notification 2026 PDF: Click to Download
SBI Risk Specialist Vacancy 2026
SBI has announced 03 Risk Specialist vacancies for 2026 in the MMGS-II grade on a regular basis. The category-wise vacancy distribution is provided below.
| Post | SC | ST | OBC | EWS | UR | Total | PwBD (Horizontal) |
|---|---|---|---|---|---|---|---|
| Risk Specialist | – | – | – | – | 3 | 3 | 1 (VI) |
Note: Reservation for PwBD candidates is horizontal and is included in the overall vacancy of the respective parent category. The number of vacancies including reserved vacancies is provisional and may vary according to the actual requirements of the Bank. The Bank reserves the right to change the notified vacancies including the reserved vacancies without assigning any reason.
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SBI Risk Specialist Recruitment Important Dates 2026
The important dates for SBI Risk Specialist Recruitment 2026 are listed in the table below.
| Event | Date |
|---|---|
| Advertisement Date | 2nd November 2026 |
| Online Registration of Application & Payment of Fees Starts | 2nd November 2026 |
| Online Registration of Application & Payment of Fees Closes | 23rd November 2026 |
| Age and Eligibility Counted As On | 31st October 2026 |
| Interview Date | To be announced |
SBI Risk Specialist Eligibility Criteria 2026
Candidates applying for SBI Risk Specialist Recruitment 2026 must check educational qualifications, experience, age limit and other eligibility details before applying. Check the complete SBI Risk Specialist eligibility criteria here.
| Eligibility Criteria | Details |
|---|---|
| Educational Qualification (Mandatory) | (i) CA or (ii) CFA or (iii) MBA/PGDM or equivalent degree in Finance/Data Analytics/Business Analytics from a recognized institute. |
| Other Qualification/Certification (Preferred) | Financial Risk Manager (FRM) by GARP OR Professional Risk Managers by PRMIA. Valid as on 31.10.2026. |
| Work Experience (Mandatory) | Minimum 2 years of post-qualification work experience in dealing with Expected Credit Loss (ECL) related modelling in Risk Management Department of any Bank/Financial Institution/Rating Agency/Brokerage firm or Risk Advisory in Consulting Firm. Training & Teaching experience will not be counted for eligibility. Experience gained during internship will not be counted. |
| Age Limit | Minimum 25 years, Maximum 35 years as on 31.10.2026. |
| Age Relaxation | OBC (Non-Creamy Layer): 3 years; SC/ST: 5 years; PwBD (UR/EWS): 10 years; PwBD (OBC): 13 years; PwBD (SC/ST): 15 years. Cumulative age relaxation will not be available. |
| Specific Skills Required | Excellent communication skills; problem solving attitude; analytical thinking; excellent data analytical skills and comfortable working with large datasets; experience in working on applications like Python, R, SPSS, SAS, etc.; excellent skills in MS Office, especially MS Excel and PowerPoint. |
| Other Conditions | Candidates against whom there are adverse reports regarding character & antecedents, moral turpitude are not eligible. Candidates serving in Govt./Quasi Govt. offices, PSUs including Nationalized Banks and Financial Institutions must submit a ‘No Objection Certificate’ from their employer at the time of interview. |
SBI Risk Specialist Apply Online 2026
The SBI Risk Specialist Apply Online 2026 process has started on 2nd November 2026 for 03 Risk Specialist vacancies under Advertisement No. CRPD/SCO/2026-27/27. Eligible Indian citizens can submit their application forms through the official SBI careers portal at sbi.bank.in/web/careers/current-openings until 23rd November 2026. The process of registration is completed only when the fee is deposited with the Bank through online mode on or before the last date for payment of fee. Hard copy of the application and other documents need not be sent to the office.
SBI Risk Specialist Apply Online 2026: Click to Apply
How to Apply for SBI Risk Specialist Recruitment 2026?
- Visit the SBI careers portal at https://sbi.bank.in/web/careers/current-openings.
- Scroll down and click on Advertisement No. CRPD/SCO/2026-27/27.
- Download and carefully read the detailed advertisement.
- Register online and fill in the application form carefully. If unable to complete in one go, save the information — a provisional registration number and password will be generated (editing facility available three times only).
- Scan and upload the latest photograph and signature as specified (photograph: 20–50 kb, 200×230 pixels; signature: 10–20 kb, 140×60 pixels).
- Upload all required documents in PDF format (A4 page size, not exceeding 500 kb each) — Biodata, Brief Resume, ID Proof, Proof of Date of Birth, Educational Certificates, Preferred qualification/certification, Experience certificates, Caste/EWS Certificate, PwBD Certificate, Form-16/Offer Letter/Latest Salary slip.
- Pay the application fee online through Internet Banking/Debit Card/Credit Card (Rs. 750 for General/EWS/OBC; no fee for SC/ST/PwBD).
- Submit the application before final submission — go through the application carefully, as corrections will not be allowed after final submission.
- Take a printout of the system-generated online application form and e-receipt, and retain them for future reference.
Note: Candidates are advised to apply online well before the closing date to avoid disconnection/inability/failure to log on due to heavy load on the website. No change/correction/modification will be allowed after the window for online application expires.
SBI Risk Specialist Application Fee 2026
Candidates must pay the applicable application fee according to their category. The fee details provided for the recruitment are given below.
| Category | Application Fee |
|---|---|
| General / EWS / OBC | Rs. 750 |
| SC / ST / PwBD | Nil |
Note: Application fees and intimation charges are non-refundable. Transaction charges for online payment, if any, will be borne by the candidates. Application Fee once paid will NOT be refunded on any account NOR can it be adjusted for any other examination or selection in future.
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SBI Risk Specialist Selection Process 2026
The selection will be on the basis of shortlisting and interview.
| Stage | Details |
|---|---|
| Shortlisting | Mere fulfilling the minimum qualification and experience will not vest any right to a candidate for being called for interview. The shortlisting committee constituted by the Bank will decide the shortlisting parameters, and an adequate number of candidates as decided by the Bank will be shortlisted for interaction. |
| Interview | Interview will carry 100 marks. The qualifying marks in the interview will be decided by the Bank. No correspondence will be entertained in this regard. |
| 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 scores the cut-off marks, such candidates will be ranked according to their age in descending order. |
| Wait List | Wait list will be maintained category-wise and will be valid for one year from the date of declaration of final result or till the date of issuance of a fresh advertisement, whichever is earlier. |
Note: Outstation candidates called for interview after shortlisting will be reimbursed the cost of airfare (economy class) for the shortest route in India on the basis of actual journey from the place of present posting/residence, maximum Rs. 10,000 (to-and-fro) OR the actual travel cost in India (whichever is lower), on submission of original/copies of flight tickets/invoice and boarding pass. Local transportation will not be reimbursed.
SBI Risk Specialist Salary 2026
Selected candidates will be appointed in the MMGS-II grade with the following pay scale. The official will be eligible for DA, HRA, CCA, Provident Fund, Contributory Pension Fund (NPS), Leave Fare Concession (LFC), Medical Facility and other perquisites as per the Bank’s salary structure.
| Salary Component | Details |
|---|---|
| Grade | MMGS-II |
| Basic Pay | 64820-2340/1-67160-2680/10-93960 |
| Suggested Place of Posting | Mumbai |
| Additional Benefits | DA, HRA, CCA, Provident Fund, Contributory Pension Fund (NPS), LFC, Medical Facility and other perquisites |
Note: The suggested place of posting is only indicative. Selected candidates may be posted anywhere in India at the sole discretion of the Bank. Posting/placement/utilization of the selected candidates will be done at the sole discretion of the Bank.
SBI Risk Specialist Recruitment 2026 FAQs
Ques: How many vacancies are announced under SBI Risk Specialist Recruitment 2026?
Ans: SBI has announced 03 Risk Specialist vacancies in the MMGS-II grade on a regular basis, all under the UR category, with 1 horizontal PwBD (VI) reservation. The number of vacancies is provisional and may vary according to the actual requirements of the Bank.
Ques: What is the last date to apply for SBI Risk Specialist Recruitment 2026?
Ans: The online registration of application and payment of fees closes on 23rd November 2026. The process started on 2nd November 2026.
Ques: What is the educational qualification required for SBI Risk Specialist Recruitment 2026?
Ans: Candidates must have CA or CFA or MBA/PGDM or equivalent degree in Finance/Data Analytics/Business Analytics from a recognized institute, along with a minimum of 2 years of post-qualification work experience in dealing with Expected Credit Loss (ECL) related modelling in the Risk Management Department of any Bank/Financial Institution/Rating Agency/Brokerage firm or Risk Advisory in a Consulting Firm.
Ques: What is the age limit for SBI Risk Specialist Recruitment 2026?
Ans: The age limit is 25 to 35 years as on 31.10.2026. Age relaxation is available for OBC (NCL) 3 years, SC/ST 5 years, PwBD (UR/EWS) 10 years, PwBD (OBC) 13 years, and PwBD (SC/ST) 15 years. Cumulative age relaxation will not be available.
Ques: What is the application fee for SBI Risk Specialist Recruitment 2026?
Ans: The application fee is Rs. 750 for General/EWS/OBC candidates, while SC/ST/PwBD candidates are exempted. The fee is non-refundable and once paid will NOT be refunded on any account NOR adjusted for any other examination or selection in future.
Ques: What is the selection process for SBI Risk Specialist Recruitment 2026?
Ans: The selection will be on the basis of shortlisting and interview. The interview will carry 100 marks, and the merit list will be prepared in descending order on the basis of scores obtained in the interview only. In case of a tie at the cut-off marks, candidates will be ranked according to their age in descending order. A category-wise wait list will be maintained, valid for one year.
