Union Bank Recruitment 2021 is out…!! Union bank of India has released notification for the position Specialist Officer in different grades. Eligible candidates are requested apply before the last date as per the format given in the official notification.
Total No of Vacancies :- 347
Posts– Senior Manager / Manager / Assistant Manager
Eligibility for Union Bank Recruitment 2021-
Age Limit :-
Senior Manager – 30 to 40 years
Manager – 25 to 35 years
Assistant Manager- 20 to 30 years
Age relaxation of 3 years for OBC & 5 years for SC/ST candidates.
Age relaxation for PwBD & Ex-servicemen as per government norms,
Educational Qualification :-
- Senior Manager (Risk) – MMGS-III
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.
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.
2. Manager (Risk) – MMGS-II
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.
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.
3. Manager (Civil Engineers) – MMGS-II
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.
4. Manager (Architects) – MMGS-II
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.
5. Manager (Electrical Engineers) – MMGS-II
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.
6. Manager (Printing Technologists) – MMGS-II
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.
7. Manager (Forex) – MMGS-II
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.
8. Manager (Chartered Accountants) – MMGS-II
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.
9. Assistant Manager (Technical Officers) – JMGS-I
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.
10. Assistant Manager (Forex) – JMGS-I
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.
Application Details for Union Bank Recruitment 2021-
Official Website – https://www.unionbankofindia.co.in/
Mode of Application – Online
Application Fees – Rs850 ( No fees for SC/ST/PWbD)
Last Date of Application :- 3rd September 2021
Click Here to view Official Union Bank Recruitment 2021 Notification
Click here to apply Online
Selection Process for Union Bank Recruitment 2021
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.
- 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:
| Sr No |
Name of the test |
No of Questions |
Maximum Marks |
Duration |
| 1 |
Reasoning |
50 |
25 |
120 minutes |
| 2 |
Quantitative Aptitude |
50 |
50 |
| 3 |
Professional Knowledge |
50 |
100 |
| 4 |
English Language |
50 |
25 |
| |
Total |
200 |
200 |
(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.
Salary for Union Bank Recruitment 2021
Initial starting salary will vary from Rs.36000 to Rs.63840 per month depending on the post and other additional allowances and benefits will be given separately as per the banking norms to all the posts.
For detailed Selection Process, terms and conditions of service & other details, Please read the official Powergrid Engineers Recruitment 2021 notification carefully before applying.
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