SBI Chief Financial Officer Recruitment 2025 – State Bank of India Contractual Appointment
Quick Info
- Vacancies
- Vacancies: 1
- Employment Type
- Employment Type: Contract
- Qualification
- Qualification: Qualified Chartered Accountant (Mandatory); FRM Certification and/or CFA is preferred.
- Experience Required
- Experience Required: Minimum 15 years post-qualification work experience in overseeing financial operations, preferably accounting and taxation matters, in banks/large corporates/PSUs/FIs/financial services organizations. Out of this, 10 years must be in Banks/FIs, with at least 5 years at a senior management level.
- Age Limit
- Age Limit: Between 52 to 57 years
- Application Mode
- Application Mode: Online
- Deadline
- Deadline:
State Bank of India (SBI) is recruiting for the high-level post of Chief Financial Officer (CFO) on a contractual basis. This senior leadership role involves overseeing financial operations, statutory audits, tax compliance, and regulatory reporting for India's largest public sector bank. Eligible Chartered Accountants with extensive senior management experience in the banking or financial sector are invited to apply online.
- The Chief Financial Officer role offers a prestigious opportunity to shape the financial strategy of India's leading public sector bank.
- Selected candidates will engage directly with top management, regulatory bodies like SEBI/RBI, and the National Financial Reporting Authority.
- This position provides significant exposure to high-stakes financial governance, including global reporting standards and strategic balance sheet management.
- The role commands a market-competitive, negotiable remuneration package designed to attract top-tier financial leadership talent.
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Additional Salary Information
CTC is negotiable and bifurcated into Fixed Pay and Variable Pay in 90:10 ratio; Variable pay eligibility depends on performance appraisal score.
Important Dates
Selection Process
Shortlisting based on qualification and experience parameters decided by the Bank.
Personal Interview carrying 100 marks.
CTC Negotiation with successful candidates in order of merit.
Application Fees
General / EWS / OBC: ₹750 (Non-refundable)
SC / ST / PwBD: Nil
Payment Mode: Online via Debit Card / Credit Card / Internet Banking
Reservation
Reservation is applicable for Persons with Benchmark Disabilities (PwBD) as horizontal reservation within parent categories; currently, the single vacancy is Unreserved.
How to Apply
- Step 1: Visit the official SBI careers portal at https://sbi.bank.in/web/careers/current-openings.
- Step 2: Locate Advertisement No. CRPD/SCO/2025-26/21 and read the detailed notification.
- Step 3: Register online by clicking the "Apply Online" link and entering basic details.
- Step 4: Upload scanned copies of your photograph, signature, resume, ID proof, and relevant certificates (PDF format).
- Step 5: Pay the application fee (if applicable) using the integrated online payment gateway.
- Step 6: Submit the final application form and print the system-generated e-receipt and application for future reference.
Frequently Asked Questions
The initial contract period is 3 years, which may be renewed for a further period of 2 years at the Bank's discretion based on mutually agreed terms. The total engagement period shall not exceed 5 years.
Yes, possessing a Chartered Accountant (CA) qualification is mandatory. Additionally, certifications like FRM (Financial Risk Manager) and CFA (Chartered Financial Analyst) are preferred but not compulsory.
Selection involves a preliminary shortlisting of applications followed by a personal interview carrying 100 marks. Final selection is based on the merit list prepared from interview scores, subject to successful CTC negotiation.