UNION BANK RECRUITMENT

 Jobs

UNION BANK RECRUITMENT PROJECT 2021-22 (SPECIALIST OFFICERS)

 

RECRUITMENT NOTIFICATION

1.  Union Bank of India (herein after called the Bank), a leading listed Public Sector Bank with Head Office in Mumbai and having Pan India, as well as, overseas presence, invites On-line Applications for recruitment to the following posts in Specialized Segment.

 

POST CODE	POST	SCALE / GRADE	BASIC PAY SCALE*	VACANCIES**
01	Senior Manager (Risk)	MMGS -III	63840-1990/5-73790- 2220/2-78230	60
02	Manager (Risk )	MMGS - II	48170-1740/1-49910- 1990/10-69810	60
03	Manager (Civil Engineer)	MMGS - II	48170-1740/1-49910- 1990/10-69810	7
04	Manager (Architect)	MMGS - II	48170-1740/1-49910- 1990/10-69810	7
05	Manager               (Electrical Engineer)	MMGS - II	48170-1740/1-49910- 1990/10-69810	2
06	Manager                  (Printing Technologist)	MMGS - II	48170-1740/1-49910- 1990/10-69810	1
07	Manager (Forex)	MMGS - II	48170-1740/1-49910- 1990/10-69810	50
08	Manager              (Chartered Accountant)	MMGS - II	48170-1740/1-49910- 1990/10-69810	14
09	Assistant                  Manager (Technical Officer)	JMGS - I	36000-1490/7-46430- 1740/2-49910- 1990/7-63840	26
10	Assistant Manager (Forex)	JMGS - I	36000-1490/7-46430- 1740/2-49910- 1990/7-63840	120

The reservation in the above noted vacancies** is as under:

Sr No	Post	Scale/ Grade	SC	ST	OBC	EWS	UR	Total	Within which for PWBDs
									VI	HI	OC	MoD
1	Senior      Manager (Risk)	MMGS -III	6	11	22	6	15	60	1	0	1	0
2	Manager (Risk )	MMGS - II	7	7	14	6	26	60	0	1	1	0
3	Manager       (Civil Engineer)	MMGS - II	1	1	1	1	3	7	0	0	0	0
4	Manager (Architect)	MMGS - II	1	1	1	1	3	7	0	0	0	0
5	Manager (Electrical Engineer)	MMGS - II	0	0	1	0	1	2	0	0	0	0
6	Manager (Printing Technologist)	MMGS - II	0	0	0	0	1	1	0	0	0	0
7	Manager (Forex)	MMGS - II	5	6	12	5	22	50	1	1	0	0
8	Manager (Chartered Accountant)	MMGS - II	2	2	3	1	6	14	0	0	1	0
9	Assistant Manager (Technical Officer)	JMGS - I	3	2	4	3	14	26	0	0	1	0
10	Assistant Manager (Forex)	JMGS - I	12	6	20	17	65	120	2	1	1	1

 

Note: This includes backlog vacancies of various reserved categories. The category wise breakup for the posts will be as per extant Govt. guidelines / Bank’s rules. The Bank reserves its right to interchange the number of reserved vacancies in various categories as per Government Guidelines.

1.  SCHEDULE OF EVENTS:

Start Date for payment of fees / intimation charges and submitting the ON-LINE application.	12.08.2021, 00:00 Hrs
Last Date for payment of fees / intimation charges and submitting the ON-LINE application.	03.09.2021, 24:00 Hrs

 

              Note: Applicants are advised to apply only after carefully reading and understanding the contents of this notification

2.  ELIGIBILITY CRITERIA:

            

(A)  Nationality / Citizenship:

An applicant must either be -

(i)    a citizen of India or

(ii)  a subject of Nepal or (iii)a subject of Bhutan or

(iv) a Tibetan refugee who migrated to India before 1^st January 1962 with the intention of permanently settling in India or

(v)  a person of Indian origin who has migrated from Pakistan / Burma / Sri Lanka / East African countries of Kenya / Uganda / the United Republic of Tanzania (formerly Tanganyika and Zanzibar) / Zambia / Malawi / Zaire / Ethiopia or Vietnam with the intention of permanently settling in India.

Provided that a candidate belonging to categories (ii) / (iii) / (iv) or (v) above shall be a person in whose favour a certificate of eligibility has been issued by the Government of India before the date of this notification.

(B)  POSTCODE 01: 60 Vacancies of Senior Manager (Risk) - MMGS-III

Age:

Minimum  : 30 years

Maximum : 40 years

Educational Qualifications:

 

Essential:

Certification in Financial Risk Management from Global Association of Risk (GARP)

OR

Professional Risk Management Certification from PRIMA Institute.

OR

Holder of Chartered Financial Analyst (CFA) from CFA Institute.

OR

CA/CMA (ICWA)/CS

OR

Full time MBA in Finance (Minimum 2 Years)/PGDM with specialization in finance) Minimum 60% in aggregate.

OR

Master in Mathematics/Statistics or Economics Minimum of 60% in aggregate.

 

Desirable:

1.  Certificate Examination in Risk in Financial Service, IIBF.

 

2.  Certification Course in Risk Management, NIBM.

 

3.  Certificate in MS Access, Working knowledge of Modeling tools like “R” SPSS etc, SQL from Globally known organizations such as Microsoft, CISCO etc. or nationally known institute such as NIIT,CMS,APTECH etc. or institutions recognized by the Govt. of India/Govt. regulatory bodies will be preferred.

Work Experience:

 

Relevant post qualification of Risk related work experience in Credit Risk and Risk Modeling in Financial Institutions/ Rating Agencies/Brokerage firms - Minimum 5 Years.

POSTCODE 02: 60 Vacancies of Manager (Risk) - MMGS-II Age:

Minimum : 25 years Maximum : 35 years

 

Educational Qualifications:

Essential:

Certification in Financial Risk Management from Global Association of Risk (GARP)

OR

Professional Risk Management Certification from PRIMA Institute.

OR

Holder of Chartered Financial Analyst (CFA) from CFA Institute.

OR

CA/CMA (ICWA)/CS

OR

Full time MBA in Finance (Minimum 2 Years)/PGDM with specialization in finance) Minimum 60% in aggregate.

OR

Master in Mathematics/Statistics or Economics Minimum of 60% in aggregate.

 

Desirable:

1.  Certificate Examination in Risk in Financial Service, IIBF.

 

2.  Certification Course in Risk Management, NIBM.

 

3.  Certificate in MS Access, Working knowledge of Modeling tools like “R” SPSS etc, SQL from Globally known organizations such as Microsoft, CISCO etc. or nationally known institute such as NIIT,CMS,APTECH etc. or institutions recognized by the Govt. of India/Govt. regulatory bodies will be preferred.

Work Experience:

Relevant post qualification of Risk related work experience in Credit Risk and Risk Modeling in Financial Institutions/ Rating Agencies/Brokerage firms - Minimum 2 Years.

POSTCODE 03: 07 Vacancies of Manager (Civil Engineers) - MMGS-II Age:

Minimum  : 25 years

Maximum : 35 years

 

Educational Qualifications:

B.E/B.Tech. Degree in Civil Engineering from a University recognized by Govt. of India/Approved by Govt. Regulatory bodies with a Minimum of 60% marks in aggregate.

 

Work Experience:

Minimum 3 year of Experience in Construction/Maintenance of multistoried Commercial/Residential Buildings in Govt./Semi Govt. Dept. or institutions /Public Sector Undertakings /Listed corporate or its group companies.

POSTCODE 04: 07 Vacancies of Manager (Architects) - MMGS-II Age:

Minimum : 25 years Maximum : 35 years

 

Educational Qualifications:

 

Bachelor Degree in Architecture  from a University recognized by Govt.  of India/ Approved by Govt. Regulatory bodies with a minimum of 60% marks in aggregate.

Must have valid registration of council of Architecture.

 

Must have knowledge of Auto CAD & should be conversant with Govt. guidelines pertaining to procurement of works, goods & services.

Work Experience:

Minimum 3 year of experience in Planning, Designing, Supervision and execution of multi-storied Commercial/Institutional/Residential Projects along with interiors in Govt./Semi Govt. Dept. or Institutions/Public Sector Undertaking.

POSTCODE 05: 02 Vacancies of Manager (Electrical Engineers) - MMGS-II Age:

Minimum  : 25 years

Maximum : 35 years

Educational Qualifications:

B.E./B.Tech. in Electrical Engineering with Minimum 60% Marks in Aggregate from a University recognized by Govt. of India/AICTE accredited Institution.

Work Experience:

Minimum 5 years' of Post Qualification work experience in maintenance of HT/LT Panels, Cables, Industrial Wiring, Electrical Installation of Commercial and Residential building, DG sets, Air-Conditioning Plants, etc..

POSTCODE 06: 01 Vacancy of Manager (Printing Technologists) - MMGS-II Age:

Minimum  : 25 years

Maximum : 35 years

 

Educational Qualifications:

 

B.E./ B. Tech in Printing Technology from a University recognized by Govt. of India/Approved by Govt. Regulatory bodies with Minimum 60% marks in aggregate.

 

Work Experience:

3 years of experience in printing line/ paper verification and possess knowledge of security feature of MICR Cheque printing and different quality of papers used for MICR cheque.

POSTCODE 07: 50 Vacancies of Manager (Forex) - MMGS-II Age:

Minimum : 25 years Maximum : 35 years

Educational Qualifications:

Graduate in any discipline from a University/Institution/Board recognized by Govt. of India/approved by Govt. Regulatory bodies.

AND

Full time MBA (Minimum 2 Years) / PGDBA / PGDBM/ PGPM/ PGDM with Specialization in Finance / International Business/Trade Finance from a University / Institution/Board recognized by Govt. of India/approved by Govt. Regulatory bodies with minimum 60% marks in aggregate.

 

Certificate Course in Forex conducted by IIBF along with above mention qualification will be preferred.

Work Experience:

Minimum 3 years’ of experience in Banking and Finance in Foreign trade Finance operations in Public/Private Sector Banks.

POSTCODE 08: 14 Vacancies of Manager (Chartered Accountants) - MMGS-II Age:

Minimum : 25 years Maximum : 35 years

Educational Qualifications:

Chartered Accountant from institution recognized by ICAI.

Work Experience:

Minimum 2 years of experience as CA in a BANK/NBFC/FIs/Credit rating agency.

 

Post qualification experience in high value credit, appraisal/ assessment of credit proposals of medium/large corporate, capital planning & raising activities, quarterly review/ analysis of capital structure, Bank's Financial statements preparation will be given preference.

POSTCODE 09: 26 Vacancies of Assistant Manager (Technical Officers) - JMGS-I Age:

Minimum : 20 years Maximum : 30 years

Educational Qualifications:

Degree in Engineering in Civil/ Electrical/ Mechanical/ Production/ Metallurgy/ Electronics/ Electronics & Telecommunication / Computer Science/ Information Technology/ Textile/ Chemical etc./ B.Pharma from a University recognized by Govt. of India/Approved by Govt. Regulatory bodies with a minimum of 60% marks in aggregate.

POSTCODE 10: 120 Vacancies of Assistant Manager (Forex) - JMGS-I Age:

Minimum : 20 years

Maximum : 30 years

Educational Qualifications:

Graduate in any discipline from a University/Institution/Board recognized by Govt. of India/approved by Govt. Regulatory bodies.

AND

Full time MBA (Minimum 2 Years) / PGDBA / PGDBM/ PGPM/ PGDM with Specialization in Finance / International Business/Trade Finance from a University / Institution/Board recognized by Govt. of India/approved by Govt. Regulatory bodies with minimum 60% marks in aggregate.

Certificate Course in Forex conducted by IIBF along with above mention qualification will be preferred.

Note:

MBA – Master of Business Administration MS – Master of Science

MFC – Master of Finance & Control

PGDBA – Post Graduate Diploma in Business Administration PGDBM - Post Graduate Diploma in Business Management PGPM – Post Graduate Programme in Management

PGDM – Post Graduate Diploma in Management CA – Chartered Accountant

CMA- Certified Management Accountant CS – Company Secretary

SQL – Structured Query Language

SPSS – Statistical Package for the Social Science

B.E. – Bachelor of Engineering

B. Tech. – Bachelor of Technology

ICWA – Institute of Cost & Works Accountants CFA – Chartered Financial Analyst

FRM – Financial Risk Management

(C)  Relaxation in Upper Age Limit:

SN	Category	Age
1	Scheduled Caste / Scheduled Tribe	5 years
2	Other Backward Classes (Non-creamy layer)	3 years
3	Persons with Benchmark Disability (PWBD) – a.  Visually Impairment (VI) - Blindness and Low Vision; b.  Hearing Impaired (HI) - Deaf and Hard of Hearing; c.  Orthopedically Challenged (OC) - Locomotor Disability (One Arm - OA, One Leg -OL, Both Legs -BL, One Arm & One Leg -OAL), Cerebral Palsy, Leprosy Cured, Dwarfism, Acid Attack Victims and Muscular Dystrophy; d. Intellectual Disability (ID) - Intellectual Disability (Autism Spectrum Disorder, Specific Learning Disability and Mental Illness) & Multiple Disability; e. Multiple Disabilities means disability amongst clauses (a) to (d) including deaf-blindness in the posts identified for each disabilities.	10 years
4	Ex-Servicemen, Commissioned Officers, including Emergency Commissioned Officers (ECOs/Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (Including those whose assignment is due to be completed within one year from the date of notification) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment.	5 years
5	Persons affected by 1984 riots	5 years

Note: The relaxation in upper age limit to SC / ST / OBC applicants is allowed on cumulative basis with only one of the remaining categories for which age relaxation is permitted as mentioned above in point C (3) to C (5). However, it is subject to a maximum upper age limit of 50 years. The applicants, who are coming under creamy layer, are not entitled to the benefits of OBC reservation and such applicants should indicate their category in the online application as General / Unreserved.

(a) An Ex-servicemen, who has once joined in a Government job on the civil side after availing the benefits given to him as an Ex-Servicemen for his re-employment, his Ex-servicemen status for the purpose of re-employment in Government job ceases.

3.  SELECTION PROCESS:

The selection process may comprise of Online Examination / Group Discussion (if conducted) and / or Personal Interview depending on the numbers of applicants/eligible candidates. The Bank reserves the absolute right to decide as to whether to use all or any of these modes for selection for the notified posts.

(a)  Online Examination / Test:

(I)   Structure of the Examination:

The structure of the Online Written Examination, if conducted, will be online and will consist of the following tests:

 

SN	Name of the Tests	No. of Questions and Maximum Marks
1.	Reasoning	50 multiple choice questions carrying a total of 25 marks
2.	Quantitative Aptitude	50 multiple choice questions carrying a total of 50 marks.
3.	Professional knowledge relevant to the post.	50 multiple choice questions carrying a total of 100 marks.
4.	English Language	50 multiple choice questions carrying a total of 25 marks
Total Duration of Examination will be of 120 minutes		Total    200    multiple     choice     questions carrying a total of 200 Marks.

 

The above tests except the test of English language will be available bilingually i.e. English and Hindi.

The Bank also reserves the right to modify/alter the structure of the online examination which will be intimated through Banks’ website. Other detailed information regarding the examination will be provided in an Information Handout, which will be made available for the candidates to download along with the call letters from the website www.unionbankofindia.co.in.

 

(I)    Penalty for Wrong Answers:

 

There will be a penalty for wrong answers marked in the online examination. For each question for which a wrong answer has been given by the candidate, one fourth or 25% of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the applicant; there will be no penal mark for that question.

 

(b)  Personal Interview (PI)

 

Merit list of candidates based on the marks obtained by them in online examination will be prepared in descending order for the respective categories i.e. SC/ST/OBC/EWS/General. Candidates securing the minimum qualifying marks stipulated for online test and ranking sufficiently high in the order of merit shall be called for personal Interview and/or GD. Mere passing in the online test shall not vest any right to a candidate for being called for Personal Interview/GD. In case of equal marks by two or more candidates, merit order of such group of candidates will be on the basis of Date of Birth i.e. candidates senior in age will be placed higher in the merit list.

A Personal Interview of 50 marks shall be conducted to assess the academic & job knowledge, power of expression, clarity of thought, qualities of leadership, extracurricular activities, hobbies, general demeanor, behavior, communication skills, suitability for the post, etc. of the applicant. The minimum qualifying marks for the Personal Interview would be 25 marks (22.5 marks for Reserved Category applicants). The applicants not securing the minimum qualifying marks in the Personal Interview will be disqualified for selection. The candidates called for the interview will be at the ratio of 3:1 to the number of vacancies. However, Bank may increase the said ratio at its own discretion.

(c)  Group Discussion (GD):

Maximum marks for Group Discussion will be 50 and minimum qualifying marks will be 25 for General/EWS and 22.5 for reserved categories (SC/ST/OBC). Only those candidates who have secured minimum qualifying marks in GD shall be called for Personal Interview. Mere participation in Group Discussion shall not vest any right in a candidate for being called for Personal Interview.

 

(d)  Final Selection:

If Online Examination and Personal Interview is Conducted:

If online examination and Personal Interview is conducted, merit list of the candidates based on the aggregate marks obtained by them in Online Examination and Personal Interview will be prepared in descending order for the respective categories i.e. SC/ST/OBC/EWS/GEN. The final selection will be made on the basis of this merit list up to the number of vacancies.

If Online Examination is not Conducted and only PI is Conducted:

If online examination is not conducted, the final selection will be made through Personal Interview. In such case, merit list will be prepared on the basis of marks obtained in Personal Interview in descending order for the respective categories i.e. SC/ST/OBC/EWS/GEN. The final selection will be made on the basis of this merit list up to the number of vacancies.

4.  HOW TO APPLY:

 

DETAILED GUIDELINES/PROCEDURES FOR

 

(A)  APPLICATION REGISTRATION

(B)  PAYMENT OF FEES

(C)  PHOTOGRAPH, SIGNATURE & LEFT THUMB IMPRESSION SCAN AND UPLOAD (Details provided in Annexure-I)

Candidates can apply through online mode only and no other mode of submission of application will be accepted.

 

IMPORTANT POINTS TO BE NOTED BEFORE REGISTRATION

 

Before applying online, candidates should-

 

(i)   Scan the Photograph, signature and Left Thumb Impression ensuring that the photograph, signature and thumb impression adhere to the required specifications as given under Guideline for photograph, signature & Left Thumb Impression scan and upload.

(ii)  Have a valid personal email ID and mobile number, which should be kept active till the completion of this Recruitment Process. Bank may send intimation to download call letters for the Examination etc. through the registered e-mail ID. In case a candidate does not have a valid personal e-mail ID, he/she should create his/her new e-mail ID and mobile number before applying on-line and must maintain that email account and mobile number.

(iii) Have a valid ID proof such as PAN Card/Aadhaar Card/ Passport/ Permanent Driving Licence/ Voter’s Card, etc.

 

APPLICATION FEES/ INTIMATION CHARGES (NON REFUNDABLE)

 

Category of Applicant	Amount Payable*
For GEN/EWS & OBC	Rs.850.00 (application fees)
For SC/ST/PWBD Candidates	NIL

 

*Bank Transaction charges for Online Payment of application fees/intimation charges will have to be borne by the candidate.

(A)    Application Procedure

 

(i)   Candidates are first required to go to the Bank’s website www.unionbankofindia.co.in and click on the ‘Recruitments’ Page to open the Career Overview Page, ‘Click to View the Current Recruitment’ to open the link “Specialist Officers Recruitment 2021-22” and then click on the option “CLICK HERE TO APPLY ONLINE” to open the On-Line Application Form.

APPLY NOW = https://ibpsonline.ibps.in/ubirscoaug21