India's Largest Bank Hires a Chief AI Officer: SBI Offers Up to Rs 1.60 Crore for Six AI Leadership Posts
State Bank of India, the country's largest bank, is recruiting a General Manager and Chief AI Officer at up to Rs 1.60 crore a year, plus three DGMs at up to Rs 1.20 crore and two AI architects at up to Rs 90 lakh, on fixed-term contracts of three years, extendable to five. Applications under Advt. CRPD/SCO/2026-27/30 close on 9 November 2026.
State Bank of India, the country's largest bank, is hiring a General Manager and Chief AI Officer at an annual cost-to-company of up to Rs 1.60 crore, along with five senior AI specialists, on fixed-term contracts. Applications under Advertisement No. CRPD/SCO/2026-27/30 close on 9 November 2026.
SBI describes itself as India's largest commercial bank by assets, deposits, branches and employees. According to its Annual Report 2025-26, it had total assets of Rs 76.23 lakh crore and deposits of Rs 59.76 lakh crore at 31 March 2026. It served 530 million customers through 23,265 branches and had a workforce of 2,45,131.
Positions
All six posts are unreserved (UR), one vacancy each, on fixed-term employment.
Post | Upper CTC (per year) | Age (as on 30.09.2026) | Minimum experience |
|---|---|---|---|
GM and Chief AI Officer | Rs 1.60 crore | 40 to 55 | 15+ years in Banking, BFSI or IT, including 3+ years of senior leadership in AI, analytics, model oversight, governance and business transformation |
DGM (Risk and Operational Analytics) | Rs 1.20 crore | 35 to 50 | 10+ years in Banking, BFSI or IT, including 2+ years of senior leadership in risk and operational analytics and AI/ML model oversight |
DGM (AI Governance and Compliance) | Rs 1.20 crore | 35 to 50 | 10+ years, including 2+ years of senior leadership in AI governance, responsible AI, model risk, compliance, data privacy or technology risk |
DGM (Data Engineering, Model Application Dev and AI Ops) | Rs 1.20 crore | 35 to 50 | 10+ years, including 2+ years of senior leadership in data engineering, AI/ML application development and MLOps/AI Ops |
AI Solution Architect | Rs 90 lakh | 30 to 45 | 8 years overall, including 3 years in AI/analytics solutioning, digital transformation, technology consulting or solution architecture |
Enterprise AI Architect | Rs 90 lakh | 30 to 45 | 8 years of technology experience, including 3 years in enterprise, platform, data or AI architecture |
The Chief AI Officer will lead the bank's machine learning, AI and natural language processing work, build an enterprise AI platform for generative and agentic AI, and oversee the independent model validation team. Individual-contributor experience does not count towards the senior leadership requirement for the GM and DGM posts.
Eligibility
- GM and all three DGM posts: B.E., B.Tech or M.Tech in Computer Science, IT, Electronics, Electrical and Electronics, Electronics and Communication or equivalent; or M.Sc (Statistics or Computer Science), M.A. (Statistics), M.Stat or MCA. An MBA or PGDM in finance and AI or ML certifications are preferred.
- AI Solution Architect: a bachelor's or master's degree in Computer Science, IT, Data Science, AI, Business Administration, Management or a related discipline.
- Enterprise AI Architect: a bachelor's or master's degree in Computer Science, IT, Engineering, Data Science, AI or an equivalent discipline.
- Eligibility is assessed as on 30 September 2026. Candidates may apply for only one post. Teaching and training experience is not counted.
Pay and contract
- Annual CTC is negotiable and depends on experience, current pay and place of posting. The figures above are upper limits.
- CTC is split 90% fixed pay and 10% performance-linked variable pay. The full variable pay is paid only for a performance score of 99 to 100%. It falls to 90%, 80% and 70% in lower bands, and nothing is paid below 90%.
- The notice lists an annual increment band of up to 5%, and adds that any increment proposed from the second year may go up to 10% depending on performance.
- The contract runs for three years and may be renewed for a further two at the bank's discretion, up to a maximum of five years. Either side can end it with three months' notice or pay in lieu.
- Posting is in Mumbai or anywhere in India as required.
Selection
Candidates will be shortlisted and then interviewed, followed by CTC negotiation. The interview carries 100 marks. Shortlisted candidates for the GM and DGM posts must give a 10-minute presentation on their work and projects. The merit list is based only on interview scores.
How to apply
Applications are online only, through the SBI careers page, from 19 October to 9 November 2026. The fee is Rs 750 for General, EWS and OBC candidates. SC, ST and PwBD candidates pay nothing. Applicants must upload a biodata in SBI's format, resume, ID and age proof, educational and experience certificates, and a Form-16, offer letter or latest salary slip, along with the CTC negotiation form.
SBI says it does not endorse any coaching platform, consultancy, individual or digital channel that claims to offer guaranteed selection, influence in recruitment or insider guidance. Candidates should rely only on the bank's official careers portal.
Source: State Bank of India, Advertisement No. CRPD/SCO/2026-27/30; SBI Annual Report 2025-26.