SBI Recruitment 2026 | Invites Applications for Chief Financial Officer Post on Contract Basis

SBI Recruitment 2026: The State Bank of India (SBI) has released an official recruitment notification for the post of Chief Financial Officer (CFO) under the Specialist Cadre Officers (SCO) category. The recruitment will be conducted on a contractual basis through SBI’s Central Recruitment & Promotion Department.

Eligible Indian citizens can apply online from 5 January 2026 to 27 January 2026 via the official SBI careers portal.

SBI CFO Recruitment 2026 OVERVIEW:

• Organisation: State Bank of India
• Post Name: Chief Financial Officer (CFO)
• Advertisement No.: CRPD/SCO/2025-26/21
• Nature of Engagement: Contractual
• Number of Vacancies: 1
• Place of Posting: Mumbai (transferable as per bank requirement)
• Application Mode: Online only

Important Dates

• Online application start date: 05 January 2026
• Last date to apply & pay fee: 27 January 2026

Candidates are advised not to wait until the last date to avoid technical issues.

Eligibility Criteria

Age Limit (as on 31 December 2025)

• Minimum Age: 52 years
• Maximum Age: 57 years

Age relaxation is applicable as per Government of India norms.

Educational Qualification

• Mandatory: Qualified Chartered Accountant (CA)
• Preferred Certifications: FRM and/or CFA

Experience Requirement

Applicants must have:

• Minimum 15 years of post-qualification experience in financial operations
• Experience should preferably be in banks, large corporates, PSUs, financial institutions, or financial services organisations
• At least 10 years’ experience in banks or financial institutions, including 5 years at senior management level

Teaching or training experience will not be considered.

Job Role and Responsibilities for SBI Recruitment

The Chief Financial Officer will play a key leadership role in SBI’s financial management. Major responsibilities include:

• Oversight of financial reporting and compliance with RBI and SEBI regulations
• Supervision of statutory audits and coordination with NFRA and RBI
• Handling tax compliance, including GST and TDS
• Managing accounting systems, internal controls, and implementation of Ind AS / IFRS
• Supporting international banking operations on accounting and tax matters
• Developing and maintaining business continuity plans
• Ensuring compliance with directions from the Audit Committee of the Board

Contract Period & Remuneration

• Initial Contract Period: 3 years
• Extension: Up to 2 additional years (maximum total 5 years), subject to performance

Salary / CTC

• Annual CTC: Negotiable
• CTC will be divided into 90% fixed pay and 10% variable pay
• Variable pay is performance-linked
• CTC will not be a limiting factor for a suitable candidate

Selection Process

The selection process will consist of:

1. Shortlisting based on qualifications and experience
2. Personal Interview (100 marks)
3. CTC Negotiation for shortlisted candidates

Final selection will be based on interview performance and successful negotiation of remuneration.

Application Fee

• UR / OBC / EWS: ₹750 (non-refundable)
• SC / ST / PwBD: No fee

Payment must be made online only.

How to Apply for SBI Recruitment

1. Visit https://sbi.bank.in/web/careers/current-openings
2. Open Advertisement No. CRPD/SCO/2025-26/21
3. Register and fill the online application form
4. Upload required documents (resume, ID proof, certificates, experience proofs, etc.)
5. Pay the application fee
6. Submit the application before the deadline

No hard copy of the application is required.

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Swastika Paul

i, Swastika Paul a content writer at Smart Update24, covering topics related to government schemes, education updates, scholarships, jobs, and public interest news. She focuses on presenting verified information in simple language so that readers can clearly understand complex rules, dates, and benefits without confusion.

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