VP Wealth (SRM) – SBI
Quick Info
- Vacancies
- Vacancies: 91
- Pay Scale
- Pay Scale: ₹4,470,000 per year
- Qualification
- Qualification: Candidates must possess a graduate degree from a government-recognized university or institution. An MBA in Banking/Finance/Marketing or certifications such as NISM V-A, XXI-A, CFP, or CFA are preferred.
- Experience Required
- Experience Required: Minimum 6 years of experience in sales and marketing within leading public/private/foreign banks, wealth management firms, or AMCs is required. Preferred experience includes at least 6 years of post-qualification experience as a Relationship Manager or equivalent in wealth management within leading public/private/foreign banks, wealth management firms, or AMCs.
- Age Limit
- Age Limit: Between 26 to 42 years
- Application Mode
- Application Mode: Apply Online
- Deadline
- Deadline:
The VP Wealth (SRM) role at SBI is a senior position focused on acquiring and nurturing relationships with affluent and Ultra High Net Worth (UHNI) clients within the wealth management segment, offering a consolidated pay of ₹44,70,000 per annum. This role is critical for achieving revenue objectives by cross-selling investment and insurance products tailored to clients' financial needs. Candidates with a graduate degree and at least 6 years of experience in sales and marketing within wealth management firms or AMCs will find this a challenging and rewarding opportunity to drive significant business growth.
- This role demands a strategic approach to client acquisition and relationship management within the high-net-worth segment.
- Candidates will be responsible for driving revenue growth by effectively cross-selling a comprehensive range of investment and insurance products.
- The position requires a deep understanding of financial markets and client risk profiles to provide tailored wealth management solutions.
- Applicants should possess strong analytical and communication skills to articulate complex financial strategies clearly.
- Success in this role contributes to enhancing the bank's brand as a leading wealth management provider and expanding its market presence.
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Additional Salary Information
The VP Wealth (SRM) position offers a CTC upper limit of ₹44,70,000 per annum, which includes a fixed salary of ₹30,00,000, vehicle, mobile, and medical allowances of ₹1,16,000, and performance-linked pay ranging from 0% to 45% of the fixed salary, with an annual increment band of 0% to 25%.
Important Dates
Selection Process
Shortlisting of candidates based on eligibility and experience.
Personal/Telephonic/Video Interview (100 marks).
CTC negotiation.
Merit list prepared based on marks obtained in the interview, with age used as a tie-breaker.
Application Fees
General/EWS/OBC: ₹750 SC/ST/PwBD: Nil
Reservation
UR: 13 OBC: 6 SC: 4 ST: 1 EWS: 2 Total: 91
How to Apply
- Visit the SBI careers website: https://sbi.bank.in/web/careers/current-openings.
- Click on the relevant advertisement link.
- Download and carefully read Advertisement No. CRPD/SCO/2026-27/23.
- Register online and pay the application fee using Internet Banking/Debit Card/Credit Card.
- Upload your latest photograph and signature as per specifications.
- Fill the application form carefully and submit it.
- Print the system-generated online application form for future reference.
Frequently Asked Questions
The VP Wealth (SRM) position at SBI offers a consolidated pay of ₹44,70,000 per annum.
Applicants must have a graduate degree from a government-recognized university. An MBA in Banking/Finance/Marketing or certifications like NISM V-A, XXI-A, CFP/CFA are preferred.
The age limit for the VP Wealth (SRM) position is between 26 and 42 years as of August 31, 2026.