(Notification) Union Bank of India : Specialist Officer (SO) Recruitment - 2021


(Notification) Union Bank of India : Specialist Officer (SO) Recruitment - 2021


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 Detail :

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

Application Fee(Non Refundable) :

 

Category of Applicant

Amount Payable*

For GEN/EWS & OBC

Rs.850.00 (application fees)

For SC/ST/PWBD Candidates

NIL

Eligibility Criteria:

Application  can  be made only  for  one of the following posts  and  the applicants  intending to apply  should ensure that they fulfill  the eligibility criteria specified herein below before applying.

Please note that  the  eligibility  criteria  specified herein  are  the  basic criteria  for applying for the posts. Candidates must necessarily produce the relevant documents in original and  a  photocopy  in  support of  their  identity and eligibility  -pertaining to category, nationality, age,  educational qualifications etc.  as  indicated in  the online application form at the time of interview and any  subsequent stage of the recruitment process as  required by  the Bank. However, merely applying for / appearing for and/or qualifying at  any   stage of   selection process for the  post/s does not  imply that  a candidate will  necessarily be eligible for employment / confer right on  him  / her for
 
appointment in  the Bank. Please note that no  change of  category will  be permitted at any  stage after registration of  the online application and the result will  be processed considering the category which has  been indicated in the online application, subject to guidelines of  the Government  of  India/Bank  in  this regard.  No request for considering the candidature under any  category other than the one in  which one has  applied will be entertained.

(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 1st  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) Age, Educational Qualification and Post Qualification Work Experience:

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.

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.

(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.
 
(ii) To register application, choose the tab "Click here  for New Registration" and  enter Name,   Contact   details   and    Email-id.   A  Provisional   Registration   Number   and Password will be generated by the system and  displayed on  the screen. Candidate should note down  the Provisional Registration  Number  and  Password.  An Email  & SMS indicating the Provisional Registration number and  Password will also  be sent.

(iii)  In case the candidate is unable to complete  the application  form  in one go,  he / she can  save the data already entered by choosing "SAVE AND NEXT" tab. Prior  to submission of the online application  candidates  are advised to use the "SAVE AND NEXT" facility  to verify the details  in  the online application  form  and  modify  the same if required.

(iv) Candidates  are advised to carefully fill  and  verify the details  filled in  the online application themselves as no change will be possible/ entertained after clicking  the “COMPLETE REGISTRATION”.

(v)  The  Name  of  the  candidate or  his  /her  Father/  Husband  etc.  should be spelt correctly  in the application  as  it appears in the Certificates/  Mark  sheets/Identity proof. Any change/alteration found may  disqualify the candidature.

(vi) Validate  your   details  and   Save  your   application  by  clicking   the “Validate  your details” and  “Save & Next” button.

(vii) Candidates  can   proceed to upload Photo  & Signature  as  per the specifications given  in  the Guidelines  for   Scanning  and   Upload   of  Photograph  and   Signature detailed under point "C".

(viii)  Candidates can  proceed to fill other details of the Application Form.

(ix) Click on the Preview Tab  to preview and  verify the entire application  form  before “COMPLETE REGISTRATION”.

(x)  Modify details,  if  required, and  click  on  “COMPLETE REGISTRATION”  only  after verifying   and    ensuring that  the  photograph,   signature   &   Thumb    Impression uploaded and  other details filled by you are correct.

(xi) Click on “Payment” Tab and  proceed for payment. (xii) Click on 'Submit' button.

(B) PAYMENT OF FEES ONLINE MODE

(i)  The application  form   is  integrated with  the payment  gateway  and   the payment process can  be completed by following the instructions.

(ii) The payment can  be made by using  Debit Cards  (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets/UPI.

(iii)After  submitting  your  payment  information  in the online application  form,  PLEASE WAIT FOR THE INTIMATION  FROM  THE SERVER.  DO NOT PRESS BACK  OR REFRESH BUTTON IN ORDER TO AVOID DOUBLE CHARGE.

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.

(II)  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.

If Online Examination is not Conducted and Both GD & PI is Conducted:

  • If online examination  is not conducted  and  the final  selection  will  be made through Group  Discussion  & Personal Interview, merit list will  be prepared on  the basis  of the aggregate marks  obtained in  Group  Discussion    and  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.

Important Date :

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

Click Here To Apply Online

Click Here To Download Official Notification

Study Kit for Bank Specialist Officer Exam

Courtesy : Union Bank of India