Union Bank of India – SO Recruitment 2019 – 181 Vacancies

Dear Bankersdaily Aspirants,

Union Bank of India which has its head office in Mumbai has released the recruitment notification for the post of Specialist Officers in Specialized Segments.

The Total number of vacancies available for the Union Bank of India – Specialist Officer Recruitment 2019 is 181.

Aspirants who get selected can be posted at any branch of the Union Bank of India [PAN INDIA], so aspirants should be prepared to be posted anywhere.

Aspirants who wish to apply for the Specialist Officer Recruitment in Union Bank of India can do so after checking the detailed notification which is mentioned below.

Vacancies & Grade Pay – Union Bank of India SO Recruitment 2019

POSTCODE	POST	SCALE / GRADE	BASIC PAY SCALE*	VACANCIES**
01	Fire Officer	III	42020-1310/5-48570- 1460/2-51490	1
02	Economist	III	42020-1310/5-48570- 1460/2-51490	6
03	Security Officer	II	31705-1145/1-32850- 1310/10-45950 23700 – 980/7- 30560	19
04	Integrated Treasury Officer	I	-1145/2 – 32850 – 1310/7 -42020 23700 – 980/7- 30560	15
05	Credit Officer	I	-1145/2 – 32850 – 1310/7 -42020 23700 – 980/7- 30560	122
06	Forex Officer	I	-1145/2 – 32850 – 1310/7 -42020	18

Aspirants who wish to apply can do so and can apply for only one of the posts which is mentioned above.

Important Dates –Union Bank of India – SO Recruitment 2019

Start Date for payment of fees/intimation charges and submitting the ON-LINE application – 12.03.2019, 00:00 Hrs
Last Date for payment of fees/intimation charges and submitting the ON-LINE application – 29.03.2019, 24:00 Hrs
Date of Examination: 17th May 2019

Important Events	Dates
Commencement of online registration of application	12/03/2019
Closure of registration of application	29/03/2019
Closure for editing application details	29/03/2019
Last date for printing your application	13/04/2019
Online Fee Payment	12/03/2019 to 29/03/2019

Age Limit –Union Bank of India – SO Recruitment 2019

The Cut-off Date for the purpose of eligibility in Age criteria shall be the 1st day of the month in which online registration commences i.e 01.03.2019.

POSTCODE	POST	Age Limit – Minimum	Age Limit – Maximum
01	Fire Officer	30	40
02	Economist	24	35
03	Security Officer	26	40
04	Integrated Treasury Officer	22	32
05	Credit Officer	23	32
06	Forex Officer	23	32

Educational Qualification & Work Experience –Union Bank of India – SO Recruitment 2019

The Cut-off date for the purpose of eligibility in respect of Educational Qualification shall be the last date for online registration as notified i.e. 29.03.2019.
The cut-off date for Post qualification experience will be the last date of online registration given in this notification i.e. 29.03.2019. Only full-time experience as a permanent employee after acquiring the educational qualification notified for eligibility will be considered.

POSTCODE 01: 1 Vacancy of Fire Officer (MMGS-III)

Educational Qualifications:

B.E (Fire Engineering) from a University/Institution/Board recognized by Govt. of India/approved by Govt. Regulatory bodies /Divisional Officers course in National Fire Service College, Nagpur.

Work Experience:

Minimum 10 years as Fire Officer in Banking Industry/Fire Services with Central/State Government.

POSTCODE 02: 6 Vacancies of Economist (MMGS-III)

Educational Qualifications:

Post Graduate degree in Economics from a University/Institution/Board recognized by Govt. of India/approved by Govt. Regulatory bodies.

Note: Preference will be given to candidates having hands on experience in econometric packages/other data sourcing tools like Reuters, Cogenesis.

Candidates should have excellent communication and writing skills.

Post Qualification Work Experience:

Minimum 3 years as an Economist or Analyst with Financial Institutions/Banks/NBFCs/Rating Agencies/Analytics Firm/Reputed Brokerage Agencies.

POSTCODE 03: 19 Vacancies of Security Officer (MMGS-II)

Educational Qualifications:

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

Work Experience:

Minimum 5 years’ experience as an officer in Indian Army not below the rank of Captain and its equivalent rank in Indian Navy, Indian Air Force with minimum 5 years of Commissioned services. Or an officer of equivalent rank and service in Police and Central Para Military forces / Central Police Organizations.

POSTCODE 04: 15 Vacancies of Integrated Treasury Officers (JMGS-I)

Educational Qualifications:

Graduate in any discipline and MBA / PGDM with specialization in Finance / Accounting/International Business /Trade Finance from a University/Institution/Board recognized by Govt. of India/approved by Govt. Regulatory bodies.

CA/ICWA/CFA/FRM from a University/Institution/Board recognized by Govt. of India / approved by Govt. Regulatory bodies.

MA (Economics) / MS (Economics) / MFC from a University/Institution/Board recognized by Govt. of India/approved by Govt. Regulatory bodies.

Note:

Professional qualification like Financial Risk Management/Professional Risk Management will be preferred.

Candidates having specialization in Econometrics will be preferred.

Certificate in MS Access, 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 Government/Government regulatory bodies will be preferred.

POSTCODE 06: 18 Vacancies of Forex Officers (JMGS-I)

Educational Qualifications:

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

AND

MBA / 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.

Certificate Course in Forex conducted by IIBF will be preferred.

PROBATION PERIOD -Union Bank of India – SO Recruitment 2019

The selected candidates will be on Probation for a period of 2 years of active service from the date of his / her joining the Bank.

SERVICE INDEMNITY BOND – Union Bank of India – SO Recruitment 2019

The selected candidates will be required to execute a Service Indemnity Bond undertaking to serve the Bank for a period of 3 years or to pay the Bank a sum of Rs.250000.00 (Rs.Two Lac Fifty Thousand Only) plus taxes as applicable as per Government rules in case he/she leaves the Bank before completion of 3 years of active service.

SELECTION PROCESS – Union Bank of India – SO Recruitment 2019

Stage I – Online Examination / Group Discussion (If conducted)
Stage II – Personal Interview

The selection process may comprise of Online Examination / Group Discussion (if conducted) and / or Personal Interview. 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.

The applicants will be called for the Online Examination / Group Discussion (if conducted), based on the information provided by them in their On-line Applications without verification of their age or qualification or category or any other eligibility criteria.

Online Examination / Test – Union Bank of India – SO Recruitment 2019

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 of 200 multiple choice questions carrying a total of 200 Marks.

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

Negative Marks: ¼th or 25% of the marks assigned to that questions will be deducted as penalty tpo arrive at the final score.

Personal Interview

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.

APPLICATION FEES – Union Bank of India – SO Recruitment 2019

For GEN & OBC – Rs.600.00 (application fees)
For SC/ST/PWD candidates – Rs.100.00 (intimation charges)

Aspirants can check the official notification of the Union Bank of India – SO Recruitment 2019 from the official website of Union Bank of India or from the link that is mentioned below.