Union Bank of India is Hiring 250 Vacancies for Wealth Manager (Specialist Officer) 

About Union Bank of India

Union Bank of India, a leading listed Public Sector Bank headquartered in Mumbai, boasts a robust pan-India presence and overseas operations. Renowned for its commitment to financial excellence, the bank offers a dynamic platform for professionals in specialized segments like wealth management. This recruitment drive for Wealth Managers (MMGS-II) provides an exciting opportunity to join a prestigious PSU. For the latest government job updates and verified recruitment alerts, visit infrontjob.com — your trusted source for career opportunities!

Vacancy Details

• Wealth Manager (MMGS-II): 250 Posts (37 SC, 18 ST, 67 OBC, 25 EWS, 103 UR)
  • PwBD Reservations: 3 VI, 3 HI, 2 OC, 2 MoD
    Note: Vacancies are provisional and may vary based on the Bank’s requirements. Selected candidates can be posted anywhere in India at the Bank’s discretion.

Eligibility Criteria

Educational Qualification

• Full-time 2-year MBA/MMS/PGDBA/PGDBM/PGPM/PGDM from a University/Institution recognized by Govt. of India or approved by Govt. Regulatory Bodies, with a minimum of 60% marks.
• Desirable Certifications: NISM, IRDAI, NCFM, or AMFI.
• Candidates must submit mark sheets/passing certificates reflecting the date of passing (on or before 25th August 2025). CGPA/SGPA/OGPA scores must be converted to percentages (to two decimals) in the application.

Work Experience

• Minimum 3 years post-qualification experience as an Officer/Managerial role in Wealth Management with Public Banks, Private Banks, Foreign Banks, Broking Firms, Securities Firms, or Asset Management Companies.
• Experience must be full-time with an employer-employee relationship, supported by experience certificates in the prescribed format (Annexure-II) from the Controlling/Head Office, detailing period, post, and duties. Appointment letters or payslips are not accepted as substitutes.

Age Limit

• Minimum: 25 years
• Maximum: 35 years (as on 01st August 2025)
• Age Relaxation:
  • SC/ST: 5 years
  • OBC (Non-Creamy Layer): 3 years
  • PwBD: 10 years
  • Ex-Servicemen (with 5+ years military service): 5 years
  • Persons affected by 1984 riots: 5 years
    Maximum age cap is 50 years. OBC candidates in the creamy layer must apply as General. PwBD candidates require a disability certificate (40% or more disability) issued by a Competent Authority.

Application Fee

• General/OBC/EWS: ₹850/- (including GST)
• SC/ST/PwBD: ₹175/- (including GST)
  Fees are non-refundable and payable online via Debit Card/Credit Card/Internet Banking/UPI through the Bank’s payment gateway. Transaction charges, if any, are borne by candidates.

Selection Process

• Stage 1: Online Examination (225 marks, 150 minutes):
  • Part I: Quantitative Aptitude (25 marks), Reasoning (25 marks), English Language (25 marks) – 75 minutes.
  • Part II: Professional Knowledge (150 marks) – 75 minutes.
  • Negative marking: 0.25 marks per wrong answer.
• Stage 2: Group Discussion (GD, if conducted): 50 marks (minimum 25 for General/EWS, 22.5 for SC/ST/OBC/PwBD).
• Stage 3: Personal Interview (PI): 50 marks (minimum 25 for General/EWS, 22.5 for SC/ST/OBC/PwBD).
• Stage 4: Document Verification.
  The Bank may conduct Online Exam, GD, and/or PI based on the number of applicants. Final merit is based on aggregate scores (Online Exam + GD + PI, if all conducted). Candidates need a valid Call Letter and photo ID for the exam. PwBD candidates using a scribe receive 20 minutes/hour compensatory time, subject to guidelines.

How to Apply

1. Visit www.unionbankofindia.co.in and navigate to the Careers section.
2. Register online from 05th August 2025 (00:00 Hrs) to 25th August 2025 (24:00 Hrs).
3. Fill the application form accurately, ensuring category and qualifications match.
4. Upload scanned copies of photograph, signature, educational certificates, experience certificates, and caste/PwBD certificates (if applicable).
5. Pay the fee online and submit the application.
6. Retain the application printout for future reference.
   Note: Only one application per candidate is allowed; multiple applications lead to cancellation of all but the last valid submission.

Important Dates

• Application Start Date: 05th August 2025, 00:00 Hrs
• Application Deadline: 25th August 2025, 24:00 Hrs

Important Links

FAQs

How many Wealth Manager vacancies are announced?

Union Bank of India has listed 250 vacancies (37 SC, 18 ST, 67 OBC, 25 EWS, 103 UR, including 10 PwBD).

What is the last date to apply?

25th August 2025, 24:00 Hrs.

Who is eligible to apply?

Candidates with a full-time 2-year MBA/MMS/PGDBA/PGDBM/PGPM/PGDM (60% marks), 3 years’ Wealth Management experience, and age 25–35 years (with relaxations).

What is the selection process?

Online Exam (225 marks), Group Discussion (50 marks, if conducted), Personal Interview (50 marks), and Document Verification.

What is the salary for Wealth Manager?

Pay Scale: ₹64,820–93,960 (MMGS-II), CTC ~₹21 Lakhs p.a. (Mumbai), plus allowances and perquisites.

Where can I find more government job updates?

Visit www.unionbankofindia.co.in and infrontjob.com for the latest PSU and banking job notifications.