State Bank of India (SBI) Specialist Cadre Officer Recruitment 2025 – Credit Analyst (MMGS III)

The State Bank of India (SBI), one of India’s largest and most prestigious banking institutions, invites applications from eligible Indian citizens for the position of Specialist Cadre Officer (Credit Analyst – Middle Management Grade Scale III) on a regular basis. This recruitment aims to onboard skilled professionals capable of driving SBI’s corporate credit initiatives while ensuring high-quality credit appraisal and risk management across the bank’s portfolio.

Candidates interested in this opportunity are required to submit their applications online only through the official SBI Careers portal: SBI Careers – Current Openings. All instructions, updates, and notifications regarding this recruitment will be published solely on the bank’s website. Applicants must regularly check the website to stay informed about the recruitment process.

Key Dates

• Online Application Start Date: 11th September 2025
• Online Application End Date: 2nd October 2025

Candidates are advised to complete the application process, including fee payment, well before the last date to avoid last-minute technical issues.

Overview of Specialist Cadre Officer – Credit Analyst Role

The Credit Analyst is a critical position within SBI’s Middle Management cadre, responsible for evaluating, analyzing, and monitoring credit proposals from corporate and high-value clients. The role requires a combination of financial acumen, strong analytical skills, and practical experience in corporate credit assessment.

The position is on a regular scale (MMGS III), offering a competitive salary, benefits, and career growth opportunities within SBI. Candidates selected will contribute directly to the bank’s asset quality, portfolio performance, and strategic financial decision-making.

Vacancies & Reservation Details

Abbreviations:

• SC – Scheduled Caste
• ST – Scheduled Tribe
• OBC – Other Backward Class (Non-Creamy Layer)
• EWS – Economically Weaker Section
• UR – Unreserved
• PwBD – Persons with Benchmark Disability
• VI – Visually Impaired
• HI – Hearing Impaired
• d & e – Mental Illness/Autism Spectrum Disorder/Multiple Disabilities

Eligibility Criteria

1. Nationality

• Candidates must be Indian citizens.

2. Age Limit

• General Category: 25–35 years
• OBC (Non-Creamy Layer): 3 years relaxation
• SC/ST: 5 years relaxation
• PwBD Candidates: UR/EWS – 10 years; OBC – 13 years; SC/ST – 15 years

3. Educational Qualification (as on 31st August 2025)

• Graduate in any discipline from a recognized university or institution AND
• Professional Qualification:
  • Qualifications include an MBA in Finance, PGDBA, PGDBM, MMS with a Finance focus, along with professional credentials like CA, CFA, and ICWA.

4. Post-Qualification Experience

• Minimum 3 years of experience after completion of MBA/CA/CFA/ICWA.
• Experience must be in Corporate Credit / High-Value Credit in a supervisory or management role.
• Eligible employers include Scheduled Commercial Banks, their associates/subsidiaries, public sector financial institutions, or listed financial institutions.

Specific Experience Required:

• Appraisal and assessment of credit proposals for medium/large corporates.
• Exposure to credit monitoring, risk assessment, and evaluation of financial statements.

Important:

• Training or teaching experience will not be counted.
• Experience certificates must clearly mention the candidate’s role and responsibilities in corporate credit.

Specific Skills Required

• Analysis of balance sheets and financial statements.
• Appraisal and assessment of credit proposals.
• Credit monitoring, risk assessment, and portfolio management.
• Ability to assist Relationship Managers in budgeted growth and achieving asset quality targets.

Candidates must demonstrate a strong understanding of corporate finance, risk-adjusted return on capital (RAROC), and financial ratios.

Job Profile & Key Responsibilities

Pre-Sanction Responsibilities:

• Conduct detailed due diligence on credit proposals.
• Verify legal documents, property valuations, and ROC searches.
• Interact with corporate clients to obtain necessary information.
• Prepare credit appraisal notes and CRA reports.
• Support Relationship Managers in making presentations to sanctioning authorities.

Post-Sanction Responsibilities:

• Prepare arrangement letters with proper incorporation of all terms and conditions.
• Attend consortium meetings with internal and external stakeholders.
• Analyze financial statements, rectify irregularities, and ensure compliance with pre-sanction audits.
• Periodically review sanctioned term loans and monitor credit utilization.

Miscellaneous Duties:

• Track industry developments affecting clients.
• Maintain updated account profiles and financial records.
• Prepare reports for internal audits and credit review committees.
• Support Relationship Managers in preparing annual account plans.

Grade, Probation & Remuneration

The role offers a competitive salary with multiple benefits and allowances, making it a highly rewarding career path for finance professionals.

Selection Process

The selection process will be conducted in two stages:

1. Shortlisting

• Only candidates meeting the eligibility criteria and possessing the required qualifications and experience will be considered.
• Shortlisting is provisional and subject to verification of all documents.
• Meeting minimum eligibility does not guarantee selection for the interview.

2. Interview

• The interview carries 100 marks.
• Qualifying marks will be determined by the bank.
• Merit list will be prepared in descending order of marks obtained in the interview.
• Candidates with equal marks at the cut-off will be ranked based on age (descending order).

Application Process

Candidates must apply online only through the SBI Careers portal. Steps include:

1. Registration: Create an account and provide personal, academic, and professional details.
2. Uploading Documents:
   • Recent Photograph (20–50 KB, 200×230 pixels, color background)
   • Signature (10–20 KB, 140×60 pixels)
   • Resume (PDF)
   • ID Proof (PDF)
   • Proof of Date of Birth (PDF)
   • Caste Certificate / EWS Certificate (if applicable, PDF)
   • PwBD Certificate (if applicable, PDF)
   • Educational Certificates (PDF)
   • Experience Certificates, Salary Slips, Form-16 (PDF)
   • Declarations:
     • Post-qualification experience
     • No disciplinary proceedings/vigilance cases
3. Fee Payment:
   • General/EWS/OBC – Rs. 750
   • SC/ST/PwBD – No fees
   • Payment via Debit/Credit Card or Net Banking.
4. Submission: Ensure all documents are uploaded and the fee is paid before the deadline. Print a copy of the application for records.

Reservation & Special Categories

1. Persons with Benchmark Disabilities (PwBD)

• Horizontal reservation provided under the Rights of Persons with Disabilities Act, 2016.
• Only candidates with at least 40% disability in approved categories (Visual Impairment, Hearing Impairment, Mental Illness, Autism Spectrum Disorder, Multiple Disabilities) are eligible.
• PwBD candidates may apply for unreserved vacancies if no specific reservation exists.

2. Other Backward Classes (OBC)

• Only candidates from the Non-Creamy Layer are eligible.
• Must submit OBC certificate with Non-Creamy Layer declaration issued after 1st April 2025.

3. Economically Weaker Section (EWS)

• Candidates must provide an Income & Asset Certificate as per DoPT guidelines for the financial year 2024-25.
• In the absence of a valid certificate, candidates must apply under General Category.

CIBIL and Background Requirements

• Candidates must have a clean credit record. Any defaults with banks, NBFCs, or financial institutions may render the candidate ineligible.
• If a candidate has cleared previous defaults, necessary documentation or NOC must be provided at the time of joining.

Key Instructions

1. Carefully check eligibility criteria before applying.
2. Ensure all documents are uploaded in correct format and size.
3. Regularly monitor SBI Careers for updates, corrections, and notifications.
4. Shortlisting and selection are subject to verification of documents at the time of the interview.
5. Candidates may be called for interviews via email only; no hard copy communication will be sent.

How to Apply

1. Visit Our Website.
2. Register using a valid email ID and mobile number.
3. Fill in personal, academic, and professional details.
4. Upload the required documents as specified.
5. Pay the application fee (if applicable).
6. Review and submit the application.
7. Take a printout of the system-generated application for reference.