SBI Specialist Cadre Officer Recruitment 2026: Manager (Risk Specialist – Climate Risk) Notification, Eligibility & Online Form

State Bank of India (SBI) has invited online applications for the post of Manager (Risk Specialist – Climate Risk) in Middle Management Grade Scale III (MMGS-III) under Specialist Cadre Officer recruitment, offering 2 regular vacancies with posting initially in Mumbai and transferable across India.

Online registration and fee payment are open from 24 February 2026 to 16 March 2026. Eligible candidates must be 25–40 years (as on 31.01.2026) and hold a first-class BE/BTech in Environmental Engineering/Climate Change or a relevant postgraduate degree (such as Environmental Sciences, Climate Finance, Sustainability, Statistics, or MBA in Finance/Banking), along with a minimum of 3 years’ post-qualification experience in risk management within banks, financial institutions, rating agencies, brokerages or consulting firms; climate risk expertise, stress testing, ESG frameworks and certifications like FRM/PRM are preferred.

The role involves implementing climate risk frameworks, conducting scenario analysis and stress testing, measuring financed emissions, ensuring regulatory compliance, and preparing climate disclosures. Selection will be based on shortlisting and a 100-mark interview, with salary in the pay scale of Rs. 85,920–1,05,280 plus allowances and benefits as per SBI rules.

SBI Specialist Cadre Officer Recruitment 2026

SBI has released a Specialist Cadre Officer recruitment notification for the post of Manager (Risk Specialist – Climate Risk) on regular basis, and eligible job seekers can now apply online within the given dates.

State Bank of India, Central Recruitment & Promotion Department, Mumbai, has invited online applications from eligible Indian citizens for appointment as Manager (Risk Specialist – Climate Risk) in Specialist Cadre Officer (SCO) on regular basis.

This role is ideal for experienced risk management professionals with a strong background in climate risk, environmental finance and sustainability frameworks.

Important Dates

Job seekers must strictly follow the official schedule for online registration and fee payment.

• Start date of online registration and fee payment: 24 February 2026
• Last date of online registration and fee payment: 16 March 2026

The registration process will be treated as complete only after payment of application fees within the stipulated dates.

Vacancy Details and Job Location

SBI has notified vacancies in MMGS‑III for the post of Manager (Risk Specialist – Climate Risk).

• Total vacancies (Regular): 2 posts
• Category: Unreserved (UR) – included in total
• PwBD (Persons with Benchmark Disabilities): 1 vacancy (horizontal, for VI – Visually Impaired)
• Suggested place of posting: Mumbai (can be transferred anywhere in India/associate/subsidiary as per bank requirement)

The bank reserves the right to vary the number of vacancies and transfer the selected officer to any office in India or to associates/subsidiaries as per service exigencies.

Age Limit (as on 31.01.2026)

• Minimum age: 25 years
• Maximum age: 40 years for General category candidates

PwBD candidates are eligible for relaxation in upper age limit as per Government of India guidelines.

Essential Educational Qualifications

Candidates must meet the minimum required educational qualification as on 31 January 2026.

Either of the following is mandatory:

1. BE/BTech in Environmental Engineering/Climate Change or equivalent with first class; or
2. Postgraduate/Master’s degree with first class in one of the following:
   • Environmental Engineering
   • Environmental Management
   • Environmental Sciences
   • Climate Change
   • Climate Finance
   • Sustainability
   • Statistics
   • MBA (Finance)
   • MBA (Banking & Finance)
   • Or equivalent from a recognized university

The prescribed educational qualification is the minimum requirement, and candidates must possess full‑time qualification as specified.

Preferred Qualifications and Certifications

Although not mandatory, the following professional certifications are preferred:

• Financial Risk Manager (FRM) by GARP
• Professional Risk Manager (PRM) by PRMIA
• Sustainability and Climate Risk certification by GARP
• Any climate risk related course from a globally reputed institute

Having these certifications will significantly strengthen your profile during shortlisting and interview.

Work Experience Requirements

Experience is a crucial eligibility criterion for this specialist post.

Mandatory Experience (as on 31.01.2026)

• Minimum 3 years of post‑qualification work experience in any of the following:
  • Risk Management Department of a Bank
  • Financial Institution
  • Rating Agency
  • Brokerage firm
  • Risk Advisory division in a Consulting Firm

Training and teaching experience will not be counted towards the required work experience.

Preferred Experience

At least 2 years experience in climate change related financial risk and assessment models.

Candidates must produce experience certificates or other relevant documents clearly highlighting the relevant field experience; these documents will be evaluated on merit at the sole discretion of SBI.

Desired Skills and Expertise

SBI has listed a comprehensive skill set expected from the Manager (Risk Specialist – Climate Risk).

Key technical and functional skills:

• Experience across the Risk Management Cycle with expertise in Climate Change Risk Management.
• Ability to identify, assess, measure and disclose climate related risks, and design risk mitigation strategies.
• Hands‑on experience in stress testing – creation, execution and analysis of stress test outcomes.
• Exposure to climate change risk assessment and measurement, sustainability strategy, climate finance, green finance, clean energy, and ESG‑related areas.
• Working knowledge of climate risk models and tools, such as:
  • Integrated Assessment Models (IAMs)
  • Global Change Assessment Model (GCAM)
  • Paris Agreement Capital Transition Assessment (PACTA)
  • Other physical and transition risk assessment tools offered by service providers
• Expertise in development, validation, audit or review of models for financial and non‑financial risks.
• Experience in stress test models for transition and physical risks, and integration of credit risk in climate scenarios.
• Familiarity with NGFS (Network for Greening the Financial System) climate scenarios and similar frameworks.
• Proficiency in climate scenario analysis and stress testing.
• Practical experience in calculating financed emissions and preparing emission reports.
• Working knowledge of widely used frameworks such as SBTi, PCAF, GRI, BRSR, etc.

Soft skills and tools:

• Excellent communication skills (written and verbal).
• Strong problem‑solving attitude and analytical thinking.
• Advanced data analytical skills and ability to work comfortably with large datasets.
• Strong command of MS Office, especially MS Excel and PowerPoint.

Detailed Job Profile and Key Responsibilities

The selected candidate will work in the risk management function focusing on climate risk, sustainability and regulatory compliance.

Major responsibilities include:

• Implementing the bank’s Climate Change Risk Management Policy and developing frameworks aligned with organisational goals.
• Identifying climate risks at both portfolio and account levels, and prioritising customer/sector segments for detailed climate risk assessment.
• Conducting comprehensive assessment of SBI’s exposure to climate‑related financial risks (physical and transition risks), including impacts on assets, operations and supply chain.
• Calculating the carbon footprint of the lending portfolio at portfolio and account levels, monitoring emissions data and preparing periodic reports.
• Preparing data inputs and executing various climate scenarios and stress testing cases.
• Integrating climate stress testing with credit and market risk stress tests.
• Carrying out primary and secondary research on regulatory guidelines (RBI, SEBI, Basel, etc.) and globally accepted standards such as TCFD, GRI, SBTi.
• Drafting and updating climate‑related disclosures and ensuring compliance with all regulatory requirements relating to climate change risks.
• Designing and delivering climate risk related training sessions and workshops for internal stakeholders.

Key Result Areas (KRAs):

• Measurement of financed emissions at portfolio and account levels and monitoring emission data.
• Identification and prioritisation of sectors and customers based on climate risk profile.
• Execution and analysis of climate scenario and stress testing exercises.
• Annual review and operationalization of Climate Change Risk Management Policy.
• Preparation of climate risk metrics, analytics and management reports.

KRAs mentioned are illustrative and additional roles may be assigned by the bank from time to time.

Salary, Pay Scale and Benefits

Selected candidates will be appointed in Middle Management Grade Scale III with the following pay scale:

• MMGS‑III Pay Scale: Rs. 85,920 – 2,680/5 – 99,320 – 2,980/2 – 1,05,280

Perks and benefits as per SBI rules:

• Dearness Allowance (DA)
• House Rent Allowance (HRA)
• City Compensatory Allowance (CCA)
• Provident Fund and Contributory Pension Fund (NPS)
• Leave Fare Concession (LFC)
• Medical facilities and other admissible perquisites as per prevailing rules

Probation period for the post is 6 months.

Reservation, PwBD and CIBIL Rules

Reservation and PwBD

• Reservation for different categories will be as per Government of India guidelines.
• PwBD reservation is horizontal and included within the parent category.
• The post is identified as suitable for persons with specified benchmark disabilities, including Blind (B) and Low Vision (LV), subject to functional requirements such as sitting, walking, bending, communication, etc.
• Only “persons with benchmark disability” (not less than 40% of the specified disability) are eligible for PwBD reservation.

Candidates seeking reservation must submit valid certificates on the prescribed format issued by competent authorities on or before the last date of registration.

CIBIL and Loan Default Conditions

• Candidates who have defaulted on loans or credit card dues with Banks/NBFCs/Financial Institutions and have not regularised/repaid the outstanding as on the date of offer letter will not be eligible for appointment.
• Candidates who have regularised/repaid such outstanding before the date of offer but whose CIBIL status is not updated must either have the CIBIL report updated or produce NOCs from lenders at the time of joining.
• Adverse CIBIL or external agency reports may lead to rejection of candidature.

Selection Process

The selection for Manager (Risk Specialist – Climate Risk) will be based on shortlisting and interview.

Shortlisting

• Fulfilling minimum qualification and experience does not guarantee an interview call.
• A shortlisting committee constituted by SBI will decide parameters for shortlisting.
• Adequate number of candidates, as decided by the bank, will be called for interview based on these parameters.
• The bank’s decision regarding shortlisting is final and no correspondence will be entertained.

Interview

• Interview will carry 100 marks.
• Qualifying marks in the interview will be decided by the bank.

Final Merit List

• Category‑wise merit list will be prepared in descending order of interview scores only.
• If more than one candidate scores the same cut‑off marks, the candidate older in age will be ranked higher in the merit list.

How to Apply Online – Step‑by‑Step Guide

Eligible job seekers must apply online only; no hard copy of the application is to be sent to SBI.

Step 1: Registration

• Visit SBI career page: https://sbi.bank.in/web/careers/current-openings.
• Scroll down to find Advertisement No. CRPD/SCO/2024‑25/24 for “Recruitment of Specialist Cadre Officer on Regular Basis”.
• Download and read the detailed advertisement carefully.
• Click on “Apply Online”.

Step 2: Fill Application Form

• Register yourself by providing basic details; a registration number and password will be generated.
• Use registration number and password to log in and complete the remaining application details.
• You can save the partially filled form and edit it later; editing facility is available only three times.
• After completing all fields correctly, submit the form and proceed for fee payment.

Step 3: Upload Photograph and Signature

Follow these specifications:

• Photograph:
  • Recent colour passport size photo.
  • Size 20–50 kb; recommended dimensions 200 x 230 pixels.
  • Light‑coloured, preferably white background; face clearly visible, no harsh shadows or red‑eye.
• Signature:
  • Sign on white paper with black ink.
  • Only applicant’s own signature; no capital letters.
  • Size 10–20 kb; dimensions 140 x 60 pixels.

Files must be in JPG/JPEG format; candidates should ensure that the uploaded images are clear and correctly visible in preview, otherwise the application may be rejected.

Step 4: Upload Required Documents

All documents (except photo and signature) must be in PDF format, A4 size, with file size not exceeding 500 kb.

Documents to be uploaded:

• Recent photograph (JPG/JPEG)
• Signature (JPG/JPEG)
• Brief resume (PDF)
• ID proof (PDF)
• Proof of Date of Birth (PDF)
• PwBD certificate, if applicable (PDF)
• Educational certificates: relevant mark sheets/degree certificates (PDF)
• Experience certificates (PDF)
• Form‑16/Offer letter/Latest salary slip from current employer (PDF)
• No Objection Certificate (NOC), if applicable (PDF)
• Biodata form (as per bank format, if specified)

Candidates should use the “Upload” link for each document, select the correct file and preview before final submission. Once uploaded/submitted, documents cannot be edited or changed.

Step 5: Pay Application Fee

• Application fee/intimation charges:
  • Rs. 750 for General/EWS/OBC candidates.
  • No fee for SC/ST/PwBD candidates.
• Fee must be paid online through the integrated payment gateway using debit card/credit card/internet banking.
• After successful transaction, an e‑receipt and application form with submission date will be generated; candidates must print and retain both.
• If payment fails, candidates should make fresh attempts to complete online payment.
• Application fee once paid will not be refunded or adjusted against future recruitment.

General Instructions for Candidates

SBI has issued several important instructions that job seekers must follow carefully.

• Ensure that you fulfil all eligibility norms (age, education, experience) as on the specified date before applying.
• Applications must be complete, accurate and in the prescribed format; incorrect/false information or suppression of material facts can result in cancellation of candidature or termination even after appointment.
• Category once filled in the online application cannot be changed later; no request for category change will be entertained.
• Candidates employed in Government/Quasi‑Government/Public Sector/Financial Institutions must produce NOC from their employer at the time of interview; otherwise their candidature may be rejected.
• In case of multiple applications, only the last valid completed application will be considered; fees paid for previous registrations will be forfeited.
• Candidates are advised to apply well before the closing date to avoid last‑minute technical issues.
• Call letter/intimation for interview will be sent through email or uploaded on the SBI website; no hard copy will be dispatched.
• Outstation candidates called for interview will be reimbursed Economy Class Air fare upto bank’s approved limit by the shortest route; local conveyance will not be paid.
• At interview, candidates must declare criminal cases pending against them, if any; suppression of such information can lead to cancellation/termination.

Any disputes related to this recruitment will fall under the jurisdiction of Courts/Tribunals/Forums in Mumbai only.

Final Tips for Serious Job Seekers

• Carefully map your academic profile and experience with the specified climate risk, ESG and stress testing requirements before applying.
• Highlight your work on climate scenarios, financed emissions, and familiarity with frameworks like NGFS, SBTi, PCAF, GRI and BRSR clearly in your resume and experience certificates.
• Maintain an active email ID and mobile number until the completion of recruitment, as all communications will be sent digitally.

This SBI Specialist Cadre Officer vacancy is a strong opportunity for risk professionals who wish to build a long‑term career in climate risk and sustainable finance within India’s largest public sector bank.

FAQs

What is the name of the post announced under SBI Specialist Cadre Officer Recruitment 2026?
The post announced is Manager (Risk Specialist – Climate Risk) under the Specialist Cadre Officer (SCO) cadre on a regular basis.

Which organisation has released this recruitment notification?
The notification has been released by State Bank of India (SBI).

What is the advertisement number for this recruitment?
The advertisement number is CRPD/SCO/2024-25/24.

What is the cadre and grade of the post?
The post is in Middle Management Grade Scale III (MMGS-III).

How many total vacancies are available?
There are a total of 2 regular vacancies.

Is there any reservation for PwBD candidates?
Yes, 1 vacancy is reserved horizontally for Persons with Benchmark Disabilities (Visually Impaired category).

What is the starting date to apply online?
The online application process starts on 24 February 2026.

What is the last date to apply online?
The last date for online registration and fee payment is 16 March 2026.

What is the minimum age required to apply?
The minimum age required is 25 years as on 31 January 2026.

What is the maximum age limit for General category candidates?
The maximum age limit is 40 years as on 31 January 2026.

Is age relaxation available for reserved categories?
Yes, age relaxation is applicable as per Government of India guidelines for eligible categories including PwBD.

What educational qualifications are required?
Candidates must have a first-class BE/BTech in Environmental Engineering or Climate Change, or a first-class postgraduate/master’s degree in relevant disciplines such as Environmental Sciences, Environmental Management, Climate Finance, Sustainability, Statistics, MBA (Finance), or MBA (Banking & Finance).

Is full-time qualification mandatory?
Yes, the prescribed educational qualification must be obtained through a full-time course from a recognized university.

What is the minimum work experience required?
A minimum of 3 years of post-qualification experience in risk management in a bank, financial institution, rating agency, brokerage firm, or consulting firm is required.

Is teaching or training experience considered valid?
No, training and teaching experience will not be counted toward the required work experience.

Is climate risk experience preferred?
Yes, at least 2 years of experience in climate change-related financial risk and assessment models is preferred.

Are professional certifications like FRM or PRM preferred?
Yes, certifications such as FRM, PRM, Sustainability and Climate Risk certification by GARP, or other reputed climate risk certifications are preferred.

What are the major responsibilities of the selected candidate?
The selected candidate will handle climate risk management, stress testing, climate scenario analysis, financed emissions measurement, ESG reporting, regulatory compliance, and development of climate risk frameworks.

What frameworks and models should candidates be familiar with?
Candidates should have knowledge of NGFS scenarios, Integrated Assessment Models, GCAM, PACTA, SBTi, PCAF, GRI, BRSR, and other climate risk and ESG frameworks.

Where will the selected candidate be posted?
The suggested place of posting is Mumbai, but the officer may be transferred anywhere in India or to SBI’s associates/subsidiaries as per requirements.

What is the pay scale for MMGS-III?
The pay scale is ₹85,920 – 2,680/5 – 99,320 – 2,980/2 – 1,05,280.

Are allowances and benefits provided?
Yes, selected candidates are entitled to DA, HRA, CCA, Provident Fund, NPS, LFC, medical facilities, and other benefits as per SBI rules.

What is the probation period for the post?
The probation period is 6 months.

What is the application fee for General/EWS/OBC candidates?
The application fee is ₹750.

Is there any application fee for SC/ST/PwBD candidates?
No, there is no application fee for SC/ST/PwBD candidates.

What is the mode of application?
Applications must be submitted online only through the SBI careers website.

Can candidates submit offline applications?
No, offline applications are not accepted.

What is the selection process?
The selection process consists of shortlisting followed by an interview.

How many marks is the interview worth?
The interview carries 100 marks.

Will meeting the minimum eligibility guarantee an interview call?
No, fulfilling minimum eligibility does not guarantee shortlisting for the interview.

How is the final merit list prepared?
The merit list is prepared category-wise in descending order based solely on interview marks.

What happens if two candidates score the same marks in the interview?
If marks are equal, the older candidate will be ranked higher in the merit list.

Are candidates required to upload documents during application?
Yes, candidates must upload photograph, signature, resume, ID proof, date of birth proof, educational certificates, experience certificates, and other relevant documents in the prescribed format.

What is the required format for document uploads?
Photograph and signature must be in JPG/JPEG format, while other documents must be uploaded in PDF format within the specified size limits.

Can candidates edit the application form after submission?
No, once the final submission is made, the application cannot be edited.

Can multiple applications be submitted?
If multiple applications are submitted, only the last successfully submitted application will be considered, and earlier fees will not be refunded.

Is a No Objection Certificate required for employed candidates?
Yes, candidates working in Government or PSU organizations must produce a valid NOC at the time of interview.

Are candidates with loan defaults eligible to apply?
Candidates who have defaulted on loans or credit card dues and have not regularized them before the offer letter date are not eligible for appointment.

Will outstation candidates be reimbursed for interview travel?
Yes, outstation candidates called for interview will be reimbursed Economy Class airfare by the shortest route as per bank rules.

Is disclosure of criminal cases mandatory?
Yes, candidates must disclose any pending criminal cases during the interview process.

Which court has jurisdiction over disputes related to this recruitment?
All disputes related to this recruitment will fall under the jurisdiction of courts/tribunals in Mumbai only.