Manager (Product & Research - Forex & Rupee Derivatives)

Assistant General Manager (Product & Research

RECRUITMENT OF SPECIALIST CADRE OFFICER ON REGULAR BASIS (ADVERTISEMENT NO: CRPD/SCO/2025-26/14)

ONLINE REGISTRATION OF APPLICATION & PAYMENT OF FEES: FROM 08.10.2025 TO 28.10.2025

State Bank of India invites Online applications from eligible Indian citizens for appointment to the Specialist Cadre Officers Posts on Regular Basis.

Candidates are requested to apply online through the link given on Banks official website https://sbi.bank.in/web/careers/current-openings

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 / last date of online registrations.

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

3. Candidates are required to upload all required documents (resume, ID proof, age proof, PwBD Certificate (if applicable), educational qualification, certifications, experience, Biodata etc.) failing which their application/candidature will not be considered for shortlisting/ interview.

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

5. 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.

6. Candidates are advised to check Banks official website https://sbi.bank.in/web/careers/current-openings 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).

7. ALL REVISIONS/ CORRIGENDUM (IF ANY) WILL BE HOSTED ON THE BANKS WEBSITE ONLY.

8. 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.

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

10.CANDIDATES CAN APPLY FOR MORE THAN ONE POST IF OTHERWISE FULFILLS ALL ELIGIBILITY CRITERIA FOR THE POST(s).

11. TEACHING & TRAINING EXPERIENCE WILL NOT BE COUNTED FOR ELIGIBILITY.

Grade

Cut-off date: Age in years (As on 01/10/2025) - 24 years-36 year max

Selection Procedure-

DETAILS OF EDUCATIONAL QUALIFICATION, EXPERIENCE, SKILLS, BRIEF JOB PROFILE & KEY RESPONSIBILITY AREA:

BASIC QUALIFICATIONS (As on 01.10.2025)

Essential:

• MBA (Finance) or PGDBM (Finance) or PGDM (Finance) or equivalent degree in Finance from recognized institute. Dual specialization with Finance being one of them shall be considered eligible

Other Qualifications: (As on 01.10.2025

Preferred Qualifications-

Experience (Post Basic Education qualifications) (As on 01.10.2025)

• Minimum 3 years of post-qualification experience in the field of Forex/Rupee markets in Corporate/Non-Corporate Organisations/
• Research firms/ Brokerage firms/ Banks/ NBFCs/ Mutual funds. Document evidencing the relevant experience needs to be submitted by the applicant
• Training & Teaching experience will not be counted for eligibility.
• The experience mentioned / claimed should be supported by a suitable certificate / letter issued by the concerned employer

Specific Skills (Preferred)

• Proficient in spoken and written English

III. DETAILS OF JOB PROFILE (DETAILED DESCRIPTION OF ROLE, RESPONSIBILITIES & FUNCTION) AND KEY RESPOSIBILITY AREA:

Roles and Responsibilities:

The selected candidates will need to design tailored products based on the clients need and market dynamics. They will need

to be updated with rapid developments in derivative products and evolving regulatory frameworks.

Primary functions would include

• Monitoring the markets and assessing the clients requirements.
• Providing necessary support in product development.
• Liaise with various departments involved in designing and development of new products.
• Providing regular updates to the stakeholders and Top Management

KRAs for the Post

• Support product design process through pricing model validation and competitive benchmarking.
• Conduct market research and data analysis on derivative products.
• Monitor global and domestic market developments relevant to forex and interest rate derivatives.
• Assist in developing new structures for rupee swaps, bond forward rate agreements, etc.
• Draft internal memos, data analyses, and risk assessments to aid decision-making.
• Provide analytical support in assessing customer suitability and structuring client-specific products.
• End-to-End process of product development and approval
• Help coordinate product approval and documentation with internal departments.
• Support documentation and back-end preparation for regulatory and product committee approvals.
• Coordinate with product governance, compliance, and technology teams for new offerings.
• Drive product suitability documentation for clients in accordance with regulatory norms.
• Remarks- KRAs shall be assigned on joining. Job Profile mentioned above are illustrative. Role/Jobs in addition to the above mentioned may be assigned by the Bank from time to time for the above posts

GRADE & REMUNERATION-

REMARKS

The official will be eligible for DA, HRA, CCA, Provident Fund, Contributory Pension Fund i.e., NPS,

Leave Fare Concession (LFC), Medical Facility, other perquisites etc. as per rules in force from time to time.

PROBATION PERIOD:12 MONTHS

HOW TO APPLY

GUIDELINES FOR FILLING ONLINE APPLICATION

i. Candidates will be required to register themselves online through the link available on SBI website https://sbi.bank.in/web/careers/current-openings and pay the application fee using Internet Banking/ Debit Card/ Credit Card etc.

ii. Candidates should first scan their latest photograph and signature.Online application will not be registered unless candidate uploads his/ her photo and signature as specified on the online registration page (under How to Upload Documents).

iii. Candidates should fill the application carefully. Once application is filled-in completely, candidate should submit the same. In the event of candidate not being able to fill the application in one go, he can save the information already entered. When the information/ application is saved, a provisional registration number and password is generated by the system and displayed on the screen. Candidate should note down the registration number and password. They can re-open the saved application using registration number and password and edit the particulars, if needed. This facility of editing the saved information will be available for three times only. Once the application is filled completely, candidate should submit the same and proceed for online payment of fee.

iv. After registering online, the candidates are advised to take a printout of the system generated online application forms.

v. Candidates seeking Age relaxation are required to submit copies of necessary certificates at the time of joining. No change in category of any candidate is permitted after registration of online application.

GUIDELINES FOR PAYMENT OF FEES

i 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/ PwBD candidates.

ii. After ensuring correctness of the particulars in the application form, candidates are required to pay the fees through payment gateway integrated with the application. No change/ edit in the application will be allowed thereafter.

iii. Fee payment will have to be made online through payment gateway available thereat. The payment can be made by using Debit Card/Credit Card/ Internet Banking etc. by providing information as asked on the screen. Transaction charges for online payment, if any, will be

borne by the candidates.

iv. On successful completion of the transaction, e-receipt and application form, bearing the date of submission by the candidate, will be generated which should be printed and retained by the

candidate.

v. If the online payment of fee is not successfully completed in first instance, please make fresh attempts to make online payment.

vi. A provision is there to reprint the e-Receipt and Application form containing fee details, at later stage.

vii. Application Fee once paid will NOT be refunded on any account NOR can it be adjusted for any other examination or selection in future