SBI has invited online applications for 3 Risk Specialist posts under its Specialist Cadre Officer recruitment, and the last date to apply is 23 November 2026. The job is in Middle Management Grade Scale II, with Mumbai as the suggested place of posting, and it suits professionals who already build credit-loss models.

SBI Risk Specialist Recruitment 2026 at a glance

The bank says the number of vacancies is provisional and can change.

Eligibility for Risk Specialist

The mandatory qualification is a CA, a CFA, or an MBA or PGDM (or equivalent) in Finance, Data Analytics or Business Analytics from a recognised institute. A Financial Risk Manager (FRM) certificate from GARP or the Professional Risk Managers (PRM) certificate from PRMIA is preferred.

You also need at least 2 years of post-qualification experience in Expected Credit Loss (ECL) modelling in the risk department of a bank, financial institution, rating agency or brokerage, or in risk advisory at a consulting firm. Training and teaching experience, and internships, are not counted. The advertisement also lists skills such as Python, R, SPSS or SAS, strong Excel and PowerPoint, and comfort with large datasets.

Upper age relaxation is 3 years for OBC (non-creamy layer), 5 years for SC and ST, and 10 years for PwBD candidates in the unreserved and EWS categories. The relaxations are not cumulative.

What the job involves

The role is about building and maintaining ECL models: Probability of Default, Loss Given Default and Exposure at Default models for loan and investment portfolios, macroeconomic overlay models, and their implementation in OFSAA. The person also frames stage-determination rules, sets triggers for a significant increase in credit risk, and works with auditors and regulators.

Application fee

General, EWS and OBC candidates pay Rs. 750. SC, ST and PwBD candidates pay no fee. The fee is non-refundable.

Selection process

SBI shortlists applicants and then interviews them for 100 marks. The merit list depends only on interview scores, and ties are settled by age, with the older candidate ranked first. A wait list is kept category-wise for one year.

How to apply

1. Go to sbi.bank.in/web/careers/current-openings and open the Risk Specialist advertisement.
2. Register online, fill in the form and upload your photograph, signature and documents as PDFs under 500 kb.
3. Keep the biodata in the bank’s format, your resume, ID and age proof, degree certificates, experience certificates and a recent salary slip or offer letter ready.
4. Pay the Rs. 750 fee online if it applies to you, then print the e-receipt.

Serving government and PSU employees must carry a No Objection Certificate to the interview.