Risk Specialist

About this job

Recruitment of specialist cadre officer on regular basis

• (advertisement no: crpd/sco/2026-27/27)
• Online registration of application & payment of fees: from 02.11.2026 to 23.11.2026
• State Bank of India invites online applications from eligible Indian citizens for recruitment to the Specialist Cadre Officers Post on Regular Basis.

Candidates are requested to apply online through the link given on Banks official website https://sbi.bank.in/web/careers/current-openings. The candidates, who intend to apply for the Post are advised to apply only after carefully reading and understanding the undernoted contents of this notification.

Age (As on 31.10.2026): Minimum: 25 Years, Maximum- 35 years

Educational Qualification (As on 31.10.2026)

• Mandatory: (i) CA or (ii) CFA or (iii) MBA / PGDM or equivalent degree in Finance / Data Analytics / Business Analytics from a recognized institute.

Other Qualification / Certification (Valid as on 31.10.2026):

• Preferred: Financial Risk Manager (FRM) by GARP OR Professional Risk Managers by PRMIA.

• Type of Vacancy: Regular
• Grade: MMGS-II
• Vacancies: UR-3
• OTHER QUALIFICATION / CERTIFICATION (AS ON 31.10.2026): Preferred: (Valid as on 31.10.2026)
• Financial Risk Manager (FRM) by GARP OR Professional Risk Managers by PRMIA.
• Work experience (post-basic qualification) (as on 31.10.2026):

Mandatory

Minimum 2 years of post-qualification work experience in dealing with Expected Credit Loss (ECL) related modelling in Risk Management Department of any Bank / Financial Institution / Rating Agency / Brokerage firm or Risk Advisory in Consulting Firm. (Training & Teaching experience will not be counted for eligibility).

Specific skills required

• Excellent Communication Skills
• Problem Solving Attitude
• Analytical Thinking
• Excellent Data analytical skills and comfortable working with large datasets
• Experience in working on applications like Python, R, SPSS, SAS, etc.
• Excellent skills in MS office, especially in MS Excel and PowerPoint etc.

Important points

The educational qualification prescribed for the post is minimum. Candidate must possess the Post Basic qualification and relevant full-time experience as on specified dates.

The relevant experience certificate from the employer must contain specifically that the candidate had experience in that related field as required.

Job Profile

• Development of Probability of Default (PD), Loss Given Default (LGD) and Exposure at Default (EAD) models for various loan portfolio and investments on which ECL is applicable.
• Development of Macroeconomic Overlays models required as per regulatory guidelines
• Implementation of PD, LGD and EAD Models in OFSAA
• Period Monitoring, Maintenance and validation of above models
• Preparation of Framework for Determination of Stage under ECL
• Identification of Significant Increase in Credit Risk (SICR) triggers along with setting qualitative and quantitative triggers for various portfolio.
• Coordinate with Auditors & Regulator, BUs & other stakeholders throughout model lifecycle
• Suggest changes in policies / system / processes due to ECL provisioning
• Participate in outreach program / workshops on new provisioning calculations.
• Maintain proper Model documents and database required for audit & regulatory supervision
• Perform any task as and when allotted to achieve Banks goals in timely manner.

KRAs

• Develop models required for ECL computation using industry best practices and using statistical and machine learning techniques
• Document end to end workings as per Model lifecycle management
• Collaborate with cross-functional teams to understand business requirements and translate them into model specifications
• Perform data extraction, cleaning, and preprocessing to prepare datasets for modelling
• Assess conceptual soundness, input integrity, calibration, back-testing, and…