Group Chief Economic Advisor – SBI
Quick Info
- Vacancies
- Vacancies: 1
- Employment Type
- Employment Type: Contract
- Qualification
- Qualification: Candidates must hold a Masters level degree in Economics with a specialization in Monetary/Financial Economics or Econometrics from a recognized Indian/Foreign University/Institute. A Doctorate Degree in Money, Banking, or International Finance is preferred.
- Experience Required
- Experience Required: Minimum 15 years of work experience as an Economist in a Commercial Bank, Financial Institution, or other reputed Corporate Organization, or as a Lecturer/Professor in Economics, or a combination of both.
- Application Mode
- Application Mode: Online
- Deadline
- Deadline:
State Bank of India is recruiting for one highly strategic Group Chief Economic Advisor position, offering a competitive Annual CTC of up to ₹2.00 crore. This role requires a Masters degree in Economics with a specialization in Monetary/Financial Economics or Econometrics and a minimum of 15 years of relevant experience. This is an excellent opportunity for a seasoned economist to lead the Bank's Economic Research Department and contribute to national and global economic strategy.
- The contract period for this role is 3 years, with a possibility of renewal for an additional 2 years, not exceeding a total engagement period of 5 years.
- The maximum age for applicants is 62 years, while the minimum age is 55 years as of March 31, 2026.
- The selection process involves shortlisting based on qualifications and experience, followed by an interview and CTC negotiation.
- Candidates must submit a 'No Objection Certificate' from their current employer if serving in Govt./Quasi Govt. offices or Public Sector Undertakings.
- The role is based in Mumbai, though the Bank reserves the right to transfer services to any of its offices or associates/subsidiaries in India.
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Additional Salary Information
Annual CTC is negotiable up to ₹2.00 crore, bifurcated into 90% fixed pay and 10% variable pay, with annual increments up to 10% based on performance.
Important Dates
Selection Process
Shortlisting Interview CTC Negotiation
Application Fees
750/- (Seven Hundred Fifty only) for UR/EWS/OBC candidates No fees/intimation charges for SC/ ST candidates
Reservation
UR: 01
How to Apply
- Candidates must register online through the SBI careers website and pay the application fee via Internet Banking/Debit Card/Credit Card.
- Scan and upload a recent passport-style color photograph and signature as per specified dimensions and file size.
- Fill the application form carefully. Candidates can save and re-open the application up to three times for editing.
- After successful registration and fee payment, candidates should take a printout of the system-generated online application form.
- Upload all relevant documents including resume, ID proof, age proof, caste certificate (if applicable), educational qualifications, experience details, and biodata.
- Ensure all documents are in PDF format (except photograph and signature), A4 size, and not exceeding 500 KB.
- Candidates serving in Govt./Quasi Govt. offices, Public Sector undertakings, Nationalized Banks, Financial Institutions, and SBI Group companies must submit a 'No Objection Certificate' from their employer at the time of interview.
Frequently Asked Questions
The Group Chief Economic Advisor position at SBI offers a negotiable Annual CTC of up to ₹2.00 crore, with a fixed pay component of 90% and a variable pay component of 10%.
Candidates must possess a Masters level degree in Economics with a specialization in Monetary/Financial Economics or Econometrics from a recognized Indian/Foreign University. A Doctorate Degree in Money, Banking, or International Finance is preferred.
Candidates for the Group Chief Economic Advisor role must be between 55 and 62 years of age as of March 31, 2026.