Central Bank of India one of India’s oldest and most trusted public sector banks has officially announced the recruitment of Specialist Officers in Risk Management Streams for 2026. With 26 vacancies spread across five specialized streams, this is a golden opportunity for eligible candidates. Online registration is open from 9 April to 30 April 2026. Read on to find out everything you need to know before you apply.
Central Bank of India SO Recruitment 2026 Overview
| Details | Information |
|---|---|
| Organization Name | Central Bank of India |
| Post Name | Specialist Officer — Risk Management Streams |
| Total Vacancies | 26 Posts |
| Job Category | Public Sector Bank (Government Bank Job) |
| Scales Available | Scale II, Scale III, Scale IV |
| Job Location | Anywhere in India (PAN India Posting) |
| Application Mode | Online Only |
| Eligibility Cutoff Date | 28 February 2026 |
| Official Website | centralbank.bank.in |
Important Dates
- Opening Date for Online Registration: 09 April 2026
- Closing Date for Online Registration: 30 April 2026
- Tentative Date of Online Examination: May 2026
- Tentative Date of Interview: June 2026
- Eligibility Cutoff Date (Age, Qualification, Experience): 28 February 2026
Application Fee
| Category | Fee Amount (Inclusive of GST) |
|---|---|
| SC / ST / PwBD (Divyangjan) / Women Candidates | ₹175/- (Intimation Charges only) |
| All Other Candidates (General / OBC / EWS) | ₹850/- (Application Fee + Intimation Charges) |
Payment is accepted online only via Debit Card (RuPay/Visa/Mastercard/Maestro), Credit Card, Internet Banking, IMPS, UPI, or Mobile Wallets. Fee once paid is non-refundable.
Age Limit (as on 28.02.2026)
| Scale | Minimum Age | Maximum Age |
|---|---|---|
| Scale IV (Chief Manager) | 20 Years | 45 Years |
| Scale III (Senior Manager) | 20 Years | 35 Years |
| Scale II (Manager) | 20 Years | 35 Years |
Age Relaxation
- SC / ST Candidates: 5 years relaxation
- OBC (Non-Creamy Layer) Candidates: 3 years relaxation
- PwBD (Divyangjan) Candidates: 10 years (15 years for SC/ST; 13 years for OBC)
- Children/Family of 1984 Riot Victims: 5 years relaxation
- Ex-Servicemen (with 5+ years of military service): 5 years relaxation
- Maximum permissible age with all relaxations: 56 years as on cutoff date
CBI Specialist Officer Vacancy 2026 Educational Qualification (Post-wise)
| Post Name | Required Qualification | Preferred Certifications |
|---|---|---|
| Analytics & Model Risk | Bachelor’s in Mathematics/Statistics OR BE/B.Tech in Data Science/IT/CS/Software Engg. Preferred: MBA/PGDM in Finance or PG in Statistics/Economics/Econometrics | FRM (GARP), CFA, CQF, PRM, AI/ML certifications |
| Asset Liability Management | BE/B.Tech (IT/CS/Software Engg.) OR MBA/PGDM OR CA | FRM (GARP), PRIMA, Risk Management from IIBF/NIBM/CISI |
| Digital Risk Management | B.Sc./B.Tech in Computer Science/IT/Cybersecurity. Preferred: MSc (IT Security) or MBA | CISA, CISM, CRISC, CISSP |
| Enterprise Risk | BE/B.Tech (IT/CS/Software Engg.) OR MBA/PGDM OR CA | FRM (GARP), PRIMA, Risk Mgmt. from IIBF/NIBM/CISI |
| Market Risk | BE/B.Tech (IT/CS/Software Engg.) OR MBA/PGDM OR CA | FRM (GARP), PRIMA, Risk Mgmt. from IIBF/NIBM/CISI |
Experience Requirements (Post-wise)
| Post | Scale | Required Work Experience |
|---|---|---|
| Analytics & Model Risk | Scale IV | Minimum 5 years of post-qualification experience in quantitative/risk analytics/model validation at commercial banks, NBFCs, or investment banks |
| Analytics & Model Risk | Scale III | Minimum 3 years in same domain |
| ALM / Digital Risk / Market Risk | Scale III | 4 years total experience, with at least 3 years in Risk Management at a bank or NBFC |
| ALM / Digital Risk / Market Risk | Scale II | 3 years total experience, with at least 2 years in Risk Management at a bank or NBFC |
| Enterprise Risk | Scale III | 5 years total experience, with at least 3 years in Risk Management at a bank or NBFC |
Experience in Cooperative Banks and Regional Rural Banks (RRBs) is not eligible. Any stint of less than 6 months in an organization will not be counted (unless it is part of current employment).
CBI Specialist Officer Vacancy 2026 (Post & Category Wise)
| Sr. | Post Name | Scale | SC | ST | OBC | EWS | UR | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Analytics & Model Risk | IV & III | 1 | 0 | 1 | 0 | 4 | 6 |
| 2 | Asset Liability Management | III & II | 1 | 0 | 2 | 0 | 2 | 5 |
| 3 | Digital Risk Management | III & II | 0 | 1 | 3 | 1 | 3 | 8 |
| 4 | Enterprise Risk | III | 1 | 0 | 1 | 1 | 2 | 5 |
| 5 | Market Risk | III & II | 0 | 0 | 0 | 0 | 2 | 2 |
| Total | 3 | 1 | 7 | 2 | 13 | 26 | ||
The number of vacancies is provisional and may be revised based on administrative requirements. 1 vacancy reserved for PwBD (OC category) under Digital Risk Management.
Selection Process
- Stage 1: Online Written Examination (100 Marks | 90 Minutes):
- Stream/Category Specific Questions: 70 Marks
- Reasoning: 15 Marks
- Banking, Economy & General Awareness: 15 Marks
- Qualifying Marks (Written Test): 50% for General/EWS | 45% for SC/ST/OBC/PwBD
- Stage 2: Interview: 100 Marks. Qualifying marks: 50% for General/EWS | 45% for SC/ST/OBC/PwBD
- Final Merit: Written Exam carries 70% weightage + Interview carries 30% weightage
- There is no negative marking for wrong answers in the written exam
- In case of equal marks, candidates senior in age will be ranked higher in the merit list
- Exam will be conducted at designated centres across India venue details shared via call letter
Salary / Pay Scale
| Grade / Scale | Designation | Basic Pay Scale |
|---|---|---|
| Scale IV | Chief Manager | ₹1,02,300 – ₹1,20,940 |
| Scale III | Senior Manager | ₹85,920 – ₹1,05,280 |
| Scale II | Manager | ₹64,820 – ₹93,960 |
In addition to basic pay, selected candidates will receive HRA, DA, Medical Benefits, and other allowances/perquisites as per bank policy.
Other Important Conditions
- Probation Period: 2 years from the date of joining (may be reduced for Scale II and above at management’s discretion)
- Indemnity Bond: Selected candidates must execute a bond of ₹3,00,000, payable if they leave the bank within 3 years of joining
- CIC / CIBIL Score: Minimum score of 650 required. No credit default or financial irregularity should appear on the credit report as of document verification date
- Place of Posting: Candidates will be posted and can be transferred anywhere in India as per the bank’s transfer policy
How to Apply Central Bank of India Recruitment 2026 : Step-by-Step Guide
- Visit the official website: centralbank.bank.in
- Navigate to the “Careers” section and find the Risk Management Specialist Officer Recruitment 2026 notification
- Click on the direct application link: https://ibpsreg.ibps.in/cbirmsmar26/
- Click “Click Here to Apply Online” to open the registration form
- Fill in your basic personal and educational details carefully
- Note down the provisional registration number and password generated by the system
- Upload the required documents as per specifications:
- Photograph (4.5cm × 3.5cm, 20–50 KB, JPG/JPEG)
- Signature (140×60 pixels, 10–20 KB)
- Left Thumb Impression (240×240 pixels, 20–50 KB)
- Handwritten Declaration in English on white paper with black ink (800×400 pixels, 50–100 KB)
- Capture and upload a live photograph via webcam or mobile phone (QR scan option available)
- Pay the application fee online using Debit/Credit Card, Net Banking, or UPI
- Click “Complete Registration” no changes allowed after this step
- Download and save the e-receipt and a printout of the completed application form for future reference
Handwritten Declaration Text: “I, _______ (Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true and valid. I will present the supporting documents as and when required.” — Must be written in English only, in your own handwriting.
Important Links
| Resource | Link / Details |
|---|---|
| Official Notification PDF | Download Now |
| Apply Online | Click Here |
| Official Bank Website | centralbank.bank.in |
| Call Letter Download | centralbank.bank.in (will be activated before exam) |
| Exam Centre List | Available in official notification |
Frequently Asked Questions (FAQ) – CBI Specialist Officer Vacancy 2026
1. How many vacancies are there in the Central Bank of India Risk Management Recruitment 2026?
There are a total of 26 vacancies distributed across five streams: Analytics & Model Risk (6), Asset Liability Management (5), Digital Risk Management (8), Enterprise Risk (5), and Market Risk (2).
2. What is the last date to apply for CBI Specialist Officer Recruitment 2026?
The last date for online registration is 30 April 2026. Applications opened on 9 April 2026. No applications will be entertained after the closing date, so candidates are advised to apply well in advance.
3. Can fresh graduates or entry-level candidates apply?
No. This recruitment is strictly for experienced professionals. Depending on the post and scale, candidates must have a minimum of 3 to 5 years of post-qualification work experience in the banking or NBFC sector in a relevant risk management role.
4. What is the minimum CIBIL/CIC score required to be eligible?
Candidates must have a minimum Credit Information Company (CIC) score of 650. There should be no credit default or financial irregularity visible on the credit report as of the date of document verification. Failure to meet this criterion may result in disqualification.
5. Is there any negative marking in the written examination?
No, there is no penalty for wrong answers in the objective written test. Candidates can attempt all questions without any fear of losing marks for incorrect responses.
6. What happens if a selected candidate leaves the bank within 3 years?
All selected candidates are required to sign an indemnity bond of ₹3,00,000 at the time of joining. If they leave the bank’s service before completing 3 years, this amount becomes payable to the bank.
7. Is experience from Cooperative Banks or RRBs counted for eligibility?
No. The official notification clearly states that experience from Cooperative Banks and Regional Rural Banks (RRBs) will not be considered for determining eligibility. Only experience from scheduled commercial banks and NBFCs (other than cooperative banks and RRBs) is valid.
8. What is the weightage of written exam vs interview in the final selection?
The written examination carries 70% weightage and the interview carries 30% weightage in the final merit list. Both stages have separate qualifying marks 50% for General/EWS and 45% for SC/ST/OBC/PwBD candidates.
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