SIDBI Specialist Officer Recruitment 2026: Small Industries Development Bank of India (SIDBI), the Principal Financial Institution for promotion, financing and development of the MSME sector, has officially announced the recruitment of Specialist Officers on a contractual basis for the year 2025-26. This is an excellent opportunity for experienced professionals in data science, AI, engineering, finance, and strategic roles to join India’s premier development financial institution.
This comprehensive guide covers all essential details including vacancy breakdown, eligibility criteria, job profiles, application process, selection procedure, and important dates.
📅 Important Dates
| Event | Date |
|---|---|
| Advertisement Release Date | 18th March 2026 |
| Last Date to Apply (via Email) | 7th April 2026 |
| Mode of Interview | Online |
📊 Vacancy Details: Total Posts: 13
| Sr. No. | Post Name | Post Code | Total Vacancies | UR | PwBD (VI)* |
|---|---|---|---|---|---|
| 1 | Data Scientist | DS-01 | 01 | 01 | 01 |
| 2 | AI Specialists | AIS-02 | 02 | 02 | 01 |
| 3 | ML Engineers | MLE-03 | 01 | 01 | 01 |
| 4 | Data Engineers | DE-04 | 02 | 02 | 01 |
| 5 | Data Protection Officer | DPO-05 | 01 | 01 | 01 |
| 6 | Relationship Manager – Corporate Deposits | RMCD-06 | 02 | 02 | 01 |
| 7 | Portfolio Manager – Pre-IPO & Anchor Investments | PM-07 | 02 | 02 | 01 |
| 8 | Strategic Partnerships Manager | SPM-08 | 02 | 02 | 01 |
| 9 | Cluster Manager | CM-09 | 01 | 01 | – |
| GRAND TOTAL | 13 | 13 | 8 |
Read More: NIA Aviation Services CSA Recruitment 2026
🎯 Post-Wise Eligibility Criteria & Job Profiles
1. Data Scientist (DS) – Post Code: 01
| Particulars | Details |
|---|---|
| No. of Posts | 01 |
| Place of Posting | Mumbai |
| Age Limit | Maximum 35 years (as on 28.02.2026) |
| Contract Period | Initial 3 years (extendable up to 2 more years) |
| Notice Period | 3 months on either side |
Educational Qualification
Mandatory: Master’s degree in Statistics, Mathematics, Economics, Computer Science, Data Science, Quantitative Finance or related quantitative discipline from a recognized University/Institute.
Desirable: PhD in relevant quantitative field; Certifications in data science/ML/AI and cloud analytics platforms.
Experience
Minimum 3 years of relevant experience in data science/advanced analytics/ML modelling roles in Banks, NBFCs, DFIs, Fintechs or other regulated financial institutions.
Key Responsibilities
- Build, validate and maintain statistical, ML and AI/Gen-AI models (credit scoring, PD/LGD, fraud detection, segmentation, etc.)
- Perform exploratory data analysis, feature engineering using internal and external data sources
- Productionise models through APIs, batch pipelines or decision engines
- Design model-risk, performance and fairness metrics with monitoring dashboards
Remuneration
Around ₹25.00 Lakh per annum (CTC) + Group Insurance + Annual increment + Variable component
2. AI Specialists (AIS) – Post Code: 02
| Particulars | Details |
|---|---|
| No. of Posts | 02 |
| Place of Posting | Mumbai |
| Age Limit | Maximum 35 years (as on 28.02.2026) |
| Contract Period | Initial 3 years (extendable up to 2 more years) |
Educational Qualification
Mandatory: Graduate degree in Engineering, Computer Science, Mathematics, Statistics, Data Science or related quantitative/technical discipline + Post-graduate degree such as M.Tech, M.Sc. (Data Science/AI/ML) or equivalent in AI/ML/Data Science.
Desirable: Certifications in AI/ML/cloud AI (AWS Certified Machine Learning, Google Professional ML Engineer, Azure AI Engineer).
Experience
Minimum 4 years of hands-on experience in AI/ML development, deployment, and MLOps in banking, fintech, or regulated financial services.
Key Responsibilities
- Develop and implement AI/ML models for credit, risk, fraud detection, and process automation
- Translate business problems into AI use cases with measurable outcomes
- Ensure model explainability, fairness, and compliance with RBI norms
- Monitor model performance and refine algorithms for accuracy
Remuneration
Around ₹25.00 Lakh per annum (CTC) + Group Insurance + Annual increment + Variable component
3. ML Engineer (MLE) – Post Code: 03
| Particulars | Details |
|---|---|
| No. of Posts | 01 |
| Place of Posting | Mumbai |
| Age Limit | Maximum 35 years (as on 28.02.2026) |
Educational Qualification
Mandatory: B.E./B.Tech or equivalent in Computer Science, IT, Electronics, Data Engineering, Artificial Intelligence or related discipline.
Desirable: Master’s degree in computer science/AI/ML/Data Science; Certifications in cloud/ML engineering (Azure/AWS/GCP ML Engineer, MLOps/DevOps).
Experience
Minimum 4 years of relevant experience in ML engineering/MLOps/backend engineering with strong exposure to ML systems in Banks, NBFCs, DFIs, fintechs or analytics/tech firms.
Key Responsibilities
- Design and implement production-grade ML pipelines (training, validation, deployment, monitoring)
- Convert prototype notebooks into robust, modular services or APIs
- Set up ML infrastructure: feature stores, model registries, experiment tracking, CI/CD for ML
- Implement online and batch inference architectures with performance tuning
Remuneration
Around ₹20.00 Lakh per annum (CTC) + Group Insurance + Annual increment + Variable component
4. Data Engineer (DE) – Post Code: 04
| Particulars | Details |
|---|---|
| No. of Posts | 02 |
| Place of Posting | Mumbai |
| Age Limit | Maximum 40 years (as on 28.02.2026) |
Educational Qualification
Mandatory: B.E./B.Tech or equivalent in Computer Science, IT, Electronics or related discipline.
Desirable: Master’s degree in computer science/data engineering/information systems; Certifications in cloud/data platforms (Azure/AWS/GCP data engineer, Snowflake, Databricks).
Experience
Minimum 8 years of relevant experience in data engineering/data platform roles in Banks, NBFCs, DFIs, fintechs or other regulated financial institutions.
Key Responsibilities
- Design, develop and maintain batch and real-time data pipelines
- Build and optimize data models, curated data marts and feature stores
- Implement automated data quality checks, reconciliation, lineage tracking
- Enforce data security, privacy and access policies as per RBI guidelines
Remuneration
Around ₹35.00-40.00 Lakh per annum (CTC) + Group Insurance + Annual increment + Variable component
5. Data Protection Officer (DPO) – Post Code: 05
| Particulars | Details |
|---|---|
| No. of Posts | 01 |
| Place of Posting | Mumbai |
| Age Limit | Maximum 45 years (as on 28.02.2026) |
Educational Qualification
Mandatory: Bachelor’s degree (graduation or equivalent) in any discipline.
Desirable: Post-graduate qualification (Master’s degree) in Law (LLM), Technology Law, Business Administration (MBA), Computer Science, Information Security.
Preferred Certifications: CIPP, CIPM, FIP, CIPT, CDPSE, CDPO, CDP, ISO 27001 Lead Auditor, CISM, CISA.
Experience
- 15 years of relevant experience in managerial or professional roles (IT, compliance, legal, risk, information security or finance)
- Minimum 4 years (within the 15 years) of direct hands-on experience in data protection, privacy regulation, data governance, information security or related compliance roles
- Previous experience in BFSI sector preferred
Key Responsibilities
- Design and implement DPDP compliance framework and data-subject rights processes
- Develop data-protection strategy covering governance policies, processing standards
- Ensure compliance with DPDP Act and other Indian data-protection laws
- Conduct periodic data-protection audits and Data Protection Impact Assessments (DPIAs)
- Oversee data-breach detection, investigation and response
Remuneration
Around ₹50.00-55.00 Lakh per annum (CTC) + Group Insurance + Annual increment + Variable component
6. Relationship Manager – Corporate Deposits (RM-CD) – Post Code: 06
| Particulars | Details |
|---|---|
| No. of Posts | 02 |
| Place of Posting | Mumbai |
| Age Limit | Maximum 35 years (as on 28.02.2026) |
Educational Qualification
Mandatory: Graduate in any discipline; MBA/PGDM (Finance)/CA/CFA or equivalent.
Experience
Minimum 6 years of total experience in Banks/NBFCs with ~4 years of relevant experience in deposit mobilization/institutional liabilities (Fixed Deposits)/treasury sales preferred.
Key Responsibilities
- Execute acquisition for assigned location/cluster for mobilizing corporate/institutional deposits
- Build and manage pipeline of large and mid-corporate and institutional clients
- Target relationship build-up with relationship size potential as per segment norms
- Coordinate end-to-end execution: rate/tenor discussions, documentation, KYC, onboarding
Remuneration
Between ₹20-25 Lakh per annum (CTC) + Group Insurance + Annual increment + Variable component
7. Portfolio Manager – Pre-IPO & Anchor Investments (PM) – Post Code: 07
| Particulars | Details |
|---|---|
| No. of Posts | 02 |
| Place of Posting | Mumbai |
| Age Limit | Maximum 40 years (as on 28.02.2026) |
Educational Qualification
Mandatory: Graduate in any discipline; MBA/PGDM (Finance)/CA/CFA or equivalent; Strong exposure to capital markets/ECM/portfolio management.
Experience
Minimum 10 years of relevant experience in one or more of:
- Portfolio management/investments (listed equities, anchor, late stage/Pre-IPO)
- ECM/IPO/capital markets roles with anchor/institutional participation exposure
- Merchant banking/investment banking/equity investments/institutional equities
- AMC/PMS/AIF/DFI/bank treasury investment roles with execution accountability
Key Responsibilities
- Translate investment objectives into portfolio strategy: sector themes, sizing, risk limits
- Maintain investible pipeline view for Pre-IPO and upcoming IPO/anchor opportunities
- Lead opportunity framing and diligence planning
- Own end-to-end management of intermediaries and service providers
- Provide periodic portfolio reviews with insights on performance and risk
Remuneration
Between ₹45-55 Lakh per annum (CTC) + Group Insurance + Annual increment + Variable component
8. Strategic Partnerships Manager (SPM) – Post Code: 08
| Particulars | Details |
|---|---|
| No. of Posts | 02 |
| Place of Posting | Mumbai |
| Age Limit | Maximum 35 years (as on 28.02.2026) |
Educational Qualification
Mandatory: MBA/PGDM or Master’s degree (Finance/Strategy/Marketing/Entrepreneurship/Economics or related).
Experience
Minimum 8 years of relevant experience in one or more of:
- Strategic partnerships/ecosystem relationships in incubators, accelerators, VC/angel platforms
- Merchant banking/investment banking/transaction advisory with sourcing orientation
- DFI/NBFC/bank roles involving partnership-led sourcing, client acquisition, alliances
Key Responsibilities
- Identify, onboard, and deepen partnerships with incubators/accelerators, startup ecosystems
- Own relationship governance: partner segmentation, engagement plans, periodic reviews
- Develop partner-facing collaterals, coordinate roadshows/webinars
- Build communication cadence with partners for pipeline feedback loops
Remuneration
Between ₹25-30 Lakh per annum (CTC) + Group Insurance + Annual increment + Variable component
9. Cluster Manager (CM) – Post Code: 09
| Particulars | Details |
|---|---|
| No. of Posts | 01 |
| Place of Posting | Thanjavur/Trichy/Madurai |
| Age Limit | Maximum 40 years (as on 28.02.2026) |
Educational Qualification
Mandatory: Bachelor’s degree in Agri Business/Rural Management/Business Administration, Finance, Commerce or related field.
Advantage: MBA or PGDM in Agri Business/Rural Management/Sales/Marketing.
Experience
Minimum 3 years of post-qualification experience in cluster & PDI activities/business development in banking or financial services sector or working with MSMEs. Experience in promotion and cluster development activities, setting up FPOs, community & resource mobilization.
Key Responsibilities
- Execute and monitor implementation of SIDBI Cluster Development Fund projects
- Prepare business plans for Common Facility Centres/FPOs, monitor performance
- Create marketing linkages, source raw materials, ensure quality parameters
- Maintain rapport with State Government departments
- Provide handholding support to MSMEs for credit access
Remuneration
Up to ₹12.00 Lakh per annum (CTC) + Group Insurance + Annual increment + Variable component
💰 Remuneration Summary
| Post | CTC Range (per annum) |
|---|---|
| Data Scientist | ~ ₹25.00 Lakh |
| AI Specialists | ~ ₹25.00 Lakh |
| ML Engineers | ~ ₹20.00 Lakh |
| Data Engineers | ₹35.00-40.00 Lakh |
| Data Protection Officer | ₹50.00-55.00 Lakh |
| Relationship Manager – Corporate Deposits | ₹20-25 Lakh |
| Portfolio Manager – Pre-IPO & Anchor | ₹45-55 Lakh |
| Strategic Partnerships Manager | ₹25-30 Lakh |
| Cluster Manager | ~ ₹12.00 Lakh |
✅ All positions include:
- Group Insurance
- Annual increment (based on performance review)
- Suitable variable component linked to performance
- Contract initially for 3 years, extendable up to 2 more years
📝 Selection Procedure
Stage 1: Shortlisting
- Preliminary screening of applications to prepare shortlist of eligible candidates
- Bank reserves right to raise/modify eligibility criteria to restrict number of candidates
- Merely fulfilling requirements does not guarantee interview call
Stage 2: Personal Interview
- Online mode on suitable date (to be informed later)
- Merit List: Prepared in descending order based on interview scores only
- Tie-breaker: In case of same marks, older candidate (by age) ranked higher
- Wait List: SIDBI reserves right to draw wait lists for meeting actual requirements
📄 How to Apply
Mode of Application: Email Only
Step-by-Step Process
- Download Application Format from SIDBI website: www.sidbi.in
- Prepare Application Package:
- Duly filled application form (in English or Hindi)
- Recent passport size photograph pasted with full signature across it
- Curriculum Vitae (CV)
- Self-attested copies of all relevant certificates/documents:
- Proof of identity (Aadhaar/PAN/Passport/Voter ID)
- Proof of address
- Date of birth certificate (10th certificate)
- Educational qualifications (certificates & mark sheets)
- Work experience certificates (must specify relevant field experience)
- Caste certificate (if applicable)
- PwBD certificate (if applicable)
- Send Email to: recruitment@sidbi.in
- Subject Line Format (MUST FOLLOW):
text
Application for the post of <<Post Code>>, <<Name of the Post>> <<Candidate Name>>
Example: Application for the post of DS-01, Data Scientist, Rahul Sharma
Important Deadlines
- Last Date to Apply: 7th April 2026
- Applications received after due date will NOT be entertained
❌ Common Reasons for Rejection
- Handwritten applications or CVs
- Application without photocopies/scanned copies of certificates
- Application not in prescribed format
- Application not signed by candidate
- Incomplete application in any respect
- Multiple applications for different posts (only ONE post per candidate allowed)
- Not meeting eligibility criteria (age, qualification, experience)
- Experience certificate without specifying relevant field experience
🎯 Important Instructions
Reservation Policy
- Reservations/Relaxations for SC/ST/OBC/EWS/PwBD as per Government of India guidelines
- PwBD vacancy (Visually Impaired) is horizontal within overall vacancies
- Candidates from reserved categories can apply for UR vacancies if they meet UR criteria
- PwBD candidates may be posted as per Bank’s discretion
One Candidate – One Post
- Strictly only ONE application per candidate under this advertisement
- Multiple applications for same or different posts will result in rejection of ALL applications
Documents & Certificates
- Experience certificates must specifically mention experience in the required field
- Candidates serving in Govt./Quasi Govt./PSUs must submit No Objection Certificate at interview
- Selected candidates need proper discharge certificate from previous employer
Communication
- NO HARD COPY will be sent for interview calls
- All communication via email only – keep your email ID active
- Intimation/call letters uploaded on Bank’s website or sent by email
- Bank not responsible for delay/loss of communication
Important Declarations
- Candidate must be citizen of India
- Furnishing false information = cancellation of candidature + civil/criminal consequences
- If shortcomings detected after appointment, services liable to be terminated
Bank’s Rights
- Increase/modify eligibility criteria to restrict number of candidates
- Change name of post/designation without prior notice
- Number of vacancies provisional and may vary
- Decisions of Bank final and binding – no correspondence entertained
- Canvassing in any form = disqualification
📞 Contact & Support
| Details | Information |
|---|---|
| Email for Applications | recruitment@sidbi.in |
| Official Website | www.sidbi.in |
| Advertisement No. | 15/2025-26 |
| Advertisement Date | 18th March 2026 |
🔗 Important Links
| Description | Link/Action |
|---|---|
| Official SIDBI Website | www.sidbi.in |
| Career Section | Download |
| Application Format | Download from SIDBI website |
| Email Application to | recruitment@sidbi.in |
📢 Key Takeaways
✅ Total Vacancies: 13 Specialist Officer Posts
✅ Top Posts: Data Scientist, AI Specialist, Data Protection Officer, Portfolio Manager
✅ Location: Primarily Mumbai (except Cluster Manager – Tamil Nadu)
✅ Contract Period: 3 years (extendable up to 5 years total)
✅ Last Date to Apply: 7th April 2026
✅ Application Mode: Email only
✅ Selection: Shortlisting + Online Interview
✅ Attractive CTC: Up to ₹55 Lakh per annum for senior roles
✅ PwBD Reservation: Available for Visually Impaired candidates
