🏦 SBI Chief Financial Officer Recruitment 2025
Specialist Cadre Officer (SCO) - Contractual Position
Advertisement No: CRPD/SCO/2025-26/21📋 Position
Chief Financial Officer (CFO)
💼 Vacancies
1 (Contractual)
📍 Location
Mumbai (HQ)
⏳ Last Date
27 Jan 2026, 23:59 hrs
🎯 Recruitment Type & Selection Process
Nature of Engagement: CONTRACTUAL (NOT Direct Recruitment)
Contract Duration: 3 Years (Renewable for 2 more years, max 5 years total)
Termination Notice: 3 months notice or compensation from either side
Selection Process (3 Stages):
Shortlisting
Preliminary screening based on qualifications, experience & suitability. Decision is final.
Interview (100 Marks)
Face-to-face interview. Qualifying marks decided by Bank. Outstation candidates: Travel reimbursed.
CTC Negotiation
Selected candidate negotiates CTC in merit order. No written test required.
Note: Merit list prepared on interview marks only. Age-based tiebreaker (descending order).
💰 Salary & Benefits Package
| Benefit | Details |
|---|---|
| Annual CTC | Negotiable (No Limiting Factor) - Depends on experience & current emoluments |
| CTC Structure | 90% Fixed Pay + 10% Variable Pay |
| Variable Pay (Half-Yearly) | Subject to 90% performance appraisal: 100% (99-100%), 90% (97-98.99%), 80% (94-96.99%), 70% (90-93.99%), NIL (Below 90%) |
| Annual Increment | Up to 10% from 2nd year onwards (on 90%+ appraisal score) |
| Leave | 30 days per financial year |
| Medical & Benefits | As per SBI norms for Contractual Officers |
🚀 Career Growth & Promotion Prospects
- Position Level: Senior Management Level (Head of Finance Department)
- Renewal Option: Contract may be renewed for 2 additional years at mutually agreed terms (max 5 years total)
- Performance-Based Increment: Annual CTC increment up to 10% based on minimum 90% appraisal score
- Transfer Policy: Bank reserves right to transfer/depute to any SBI office, associate, or subsidiary as per service requirements
- Role Expansion: Additional responsibilities may be assigned based on Bank's requirements
- Skill Enhancement: Access to senior-level professional development and training programs
- Strategic Impact: Direct involvement in Board/Audit Committee decisions related to financial reporting and audit
🎓 Eligibility & Qualifications
📌 Mandatory Requirements (As on 31.12.2025):
- Educational Qualification: Chartered Accountant (CA) - Mandatory
- Post-Qualification Experience: Minimum 15 Years in financial operations (accounting, taxation matters)
- Banking Experience: Minimum 10 years in Banks/Financial Institutions
- Senior Management Experience: Minimum 5 years at senior management level
- Age: Minimum 52 years, Maximum 57 years
- Nationality: Indian Citizen
✨ Preferred Certifications:
- FRM Certification (Financial Risk Manager)
- CFA Certification (Chartered Financial Analyst)
🎯 Key Eligibility Notes:
- Experience must be in relevant financial operations field (Accounting, Taxation, Financial Management)
- Teaching & Training experience will NOT be counted for eligibility
- Proper experience certificates from employers are mandatory
- Candidates with CIBIL defaults are NOT eligible unless cleared before appointment
- No adverse character/antecedent reports
📍 Posting Location & Transfer Policy
Suggested Place of Posting: Mumbai (HQ, Corporate Centre)
Note: This is INDICATIVE only. Bank reserves right to:
- Post/transfer services to any SBI office in India
- Depute to any SBI associate/subsidiary
- Depute to any other organization based on service requirements
- Requests for specific posting/transfer may NOT be entertained
💼 Job Profile & Responsibilities
📊 A. Financial Reporting (Solo & Group)
SEBI & RBI Compliance Related to Financial Reporting:
- Oversee Statutory Audit & ensure timely completion
- Report audit results per SEBI requirements
- Coordinate with NFRA & RBI on auditor-related issues
- Support Head of Finance for SEBI compliance
- Update Top Management on profitability, NPA & projections
- Handle finalization of provisions, reserves & dividend matters
- Manage Whole Bank Long Form Audit Report (WBLFAR)
🏦 B. Tax Compliance
- Optimize Bank's tax liability
- GST & TDS compliance management
- Coordination with tax authorities
📋 C. Accounting Systems
- Develop & maintain accounting systems per Accounting Standards & RBI Guidelines
- Development & maintenance of ICOFR (Internal Control over Financial Reporting)
- IFRS/Ind AS implementation
📈 D. Management Reporting
- Close coordination with Financial Control Department
- Performance review of Circles & Whole Bank
🌐 E. International Banking Activities
- Support International Banking for accounting & tax compliance with local regulators
🛡️ F. Business Continuity & Audit Committee Compliance
- Develop & maintain business continuity plans
- Ensure compliance with Audit Committee of Board (ACB) directives
🎯 Key Result Areas (KRAs):
- Quality & timeliness of regulatory reporting
- Timely completion of statutory annual audit & quarterly review
- Efficient action on Direct & Indirect Tax notifications
- System updates as per Finance & Tax law changes
- Quality implementation of Annual Action Plan
📄 Documents Required for Application
- Recent Passport-Style Photograph (Colored)
- Signature (Black ink on white paper)
- Brief Resume (PDF)
- ID Proof - PAN Card, Aadhar, Passport (PDF)
- Age Proof Certificate
- Caste Certificate (if applicable) (PDF)
- PwBD Certification (if applicable) (PDF)
- Educational Certificates - CA Degree & Mark Sheets (PDF)
- Experience Certificates from all employers (PDF)
- Form-16/Offer Letter/Latest Salary Slip (PDF)
- No Objection Certificate (NOC) if working in Govt/PSU/SBI Group (PDF)
- Bio-data & CTC Details (PDF)
📝 Step-by-Step Application Guide (10 Steps)
Visit Official Website
Go to https://sbi.bank.in/web/careers/current-openings
Find Advertisement
Locate & click on CRPD/SCO/2025-26/21 CFO Advertisement
Read Carefully
Carefully read the detailed advertisement PDF. Ensure you meet all eligibility criteria.
Create Account
Click "Apply Online" button. Create new account with valid email ID & password.
Upload Photo & Signature
Upload recent colored photo & black ink signature as per specifications.
Fill Personal Details
Fill Name, Date of Birth, Contact info, Address carefully. You can save & edit 3 times.
Submit Education & Experience
Enter educational qualifications, CA details, 15 years post-qualification experience.
Upload All Documents
Upload all required documents as PDF (max 500 KB each). Use separate links for each.
Review Application
Review entire application before final submission. NO corrections allowed after submission.
Pay Application Fee
Pay ₹750 via Debit Card/Credit Card/Internet Banking. No fee for SC/ST/PwBD. Keep receipt.
💳 Application Fee Details
| Category | Application Fee | Intimation Charges |
|---|---|---|
| General / EWS / OBC | ₹750 | Included in ₹750 |
| SC / ST | FREE (₹0) | FREE (₹0) |
| PwBD (Persons with Benchmark Disability) | FREE (₹0) | FREE (₹0) |
⚠️ Note: Fee once paid is NON-REFUNDABLE. Cannot be adjusted for other exams/selections.
📅 Important Dates
- Online Registration Start: 05th January 2026, 10:00 AM
- Last Date for Application & Fee Payment: 27th January 2026, 23:59 Hours
- Interview Date: To be announced (Shortlisted candidates will receive call letter via email)
⚠️ Important: No hard copies will be sent. All communications will be via email only.
❓ Frequently Asked Questions (FAQ)
Q1: Is this a permanent job or contract?
A: This is a CONTRACT-BASED position for 3 years, renewable for 2 more years (max 5 years). NOT a permanent position.
Q2: Can I apply if I'm working in another bank/PSU?
A: Yes, but you must submit a No Objection Certificate (NOC) from your employer at the time of interview. Without NOC, your candidature may be rejected and travel reimbursement denied.
Q3: What is the selection process? Is there a written test?
A: NO written test. Process is: Shortlisting → Interview (100 marks) → CTC Negotiation. Merit list based on interview marks only.
Q4: What is the CTC range?
A: CTC is NEGOTIABLE with NO limiting factor. Depends on your experience & current emoluments. Consists of 90% Fixed + 10% Variable Pay.
Q5: Can I request posting to a specific city?
A: No. Although suggested posting is Mumbai, Bank reserves right to post/transfer to any SBI office in India or depute to associates/subsidiaries. Specific posting requests may NOT be entertained.
Q6: What documents are mandatory?
A: CA degree, 15 years post-qualification experience certificate, ID proof, age proof, educational mark sheets, Form-16/salary slip, NOC (if applicable), bio-data, CTC details. All in PDF format (max 500 KB each).
Q7: How will I receive the call letter?
A: Call letter/interview advice will be sent by email ONLY. No hard copy will be sent. Keep your email ID active throughout the process.
Q8: What if I have CIBIL defaults?
A: You are NOT eligible if you have unpaid loan defaults or credit card dues as of appointment letter issue date. If paid before appointment letter, but CIBIL not updated, you must update it or produce NOC from lender.
Q9: Is there interview travel reimbursement?
A: Yes, outstation candidates get reimbursement for shortest route in India (or actual cost, whichever is lower) on actual journey basis. Local conveyance (taxi/cab) NOT covered. Ineligible candidates get NO reimbursement.
Q10: Can I apply if I'm above 57 years of age?
A: No. Age limit is maximum 57 years as on 31.12.2025. Age relaxation may be available for SC/ST/OBC as per GOI guidelines.
⚖️ DISCLAIMER & LEGAL NOTICE
Non-Official Source: This is an UNOFFICIAL compilation of the SBI Chief Financial Officer recruitment notification (CRPD/SCO/2025-26/21). This content is for informational purposes only.
Official Source: Candidates are advised to verify all information from the official SBI website: https://sbi.bank.in/web/careers/current-openings
Copyright & Intellectual Property: The recruitment details, eligibility criteria, job profile, and selection process are copyrighted materials of State Bank of India. This article is presented for information distribution under fair use policy.
No Guarantee: This blog/article does NOT guarantee job placement or selection. Selection depends entirely on merit, interview performance, and Bank's discretion. This content is NOT an official recruitment guide.
Accuracy Disclaimer: While we strive for accuracy, we are NOT responsible for any errors, omissions, or changes in the official notification. Always refer to the official SBI notification for final details.
Fraud Warning: Beware of fake SBI websites, phishing emails, or unauthorized agencies offering job placement. SBI NEVER charges any fee for recruitment beyond the official application fee. Never share your personal/banking details with unauthorized sources.
- SBI Official Website: https://sbi.bank.in (ONLY source for official information)
- Official Email: crpd@sbi.co.in
- Do NOT trust unsolicited calls/emails offering job placement
- Never make advance payments beyond SBI's official application fee
Liability: The blog/website owner is NOT liable for any misuse of information, fraud, or incorrect interpretation of the recruitment notification. Candidates apply at their own risk and must verify information from official sources.
Changes & Updates: SBI reserves right to make changes/corrections to the notification. Check the official website regularly for updates. All corrigendums will be posted on sbi.bank.in only.
Published: January 6, 2026 | Last Updated: January 6, 2026
For Official Information: Visit https://sbi.bank.in
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