The State Bank of India (SBI) has announced 10 vacancies for Specialist Cadre Officers (Manager & Deputy Manager – Model Risk Management) on a regular basis under Advertisement No. CRPD/SCO/2025-26/16. This recruitment presents a great opportunity for experienced professionals in data science, finance, and risk analytics to join India’s largest public sector bank. Eligible candidates can apply online between 11 November 2025 and 1 December 2025 through SBI’s official career portal. The selection will be based on shortlisting and interview, followed by document verification. Selected candidates will receive a salary as per MMGS-II and MMGS-III pay scales, along with DA, HRA, CCA, and other benefits under SBI norms.
Posted
11 Nov 2025, 04:48 pm
Total Posts
10
Organization
State Bank of India (SBI)
Dates
11 Nov 2025 - 01 Dec 2025
Application Start Date: 11-11-2025
Application Last Date: 01-12-2025
Interview Call Letter Release: To be notified
Interview Date: To be notified
Venue: Mumbai / as decided by SBI
General/OBC/EWS: ₹750
SC/ST/PwBD: Exempted
Female Candidates: Exempted
Payment Mode: Online (Debit/Credit Card, Net Banking, UPI)
Manager: 28–40 Years
Deputy Manager: 25–35 Years
Relaxation:
OBC (NCL): +3 years
SC/ST: +5 years
PwBD (UR/EWS): +10 years
PwBD (OBC): +13 years
PwBD (SC/ST): +15 years
Mandatory:
Bachelor’s Degree in Finance / Mathematics / Statistics, OR
BE/B.Tech. in Data Science / IT / Computer Science / Software Engineering.
Preferred:
MBA / PGDM / PGDBM / PGDBA in Finance or
PG Degree in Statistics / Mathematics / Economics / Econometrics.
Certifications (Preferred):
FRM (GARP), PRM (PRIMA), CFA, CQF, or certifications in ML/AI/NLP/Web Crawling/Neural Networks.
Experience (as on 01.11.2025):
Manager – Minimum 5 years (3 years in R/Python or similar).
Deputy Manager – Minimum 3 years (2 years in R/Python or similar).
| Sl. No | Post Name | Grade | No. of Posts | Pay Scale |
|---|---|---|---|---|
| 1 | Manager (Risk Specialist – Model Risk Management) | MMGS-III | 5 | ₹85,920 – 1,05,280 |
| 2 | Deputy Manager (Risk Specialist – Model Risk Management) | MMGS-II | 5 | ₹64,820 – 93,960 |
| Total | — | — | 10 | — |
Visit the official SBI website: https://sbi.bank.in/web/careers/current-openings
Click on “Apply Online” under Advertisement No. CRPD/SCO/2025-26/16.
Register using a valid email ID and mobile number.
Fill in details carefully and upload documents (photo, signature, certificates, resume, etc.).
Pay the application fee online (if applicable).
Submit the application and take a printout for future reference.
Kindly read the complete official notification carefully before applying!

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