Union Bank of India has announced the Union Bank SO Recruitment 2025 for 250 Wealth Manager posts under the Specialist Officer (SO) cadre in the Middle Management Grade Scale-II (MMGS-II). The recruitment aims to strengthen the bank’s wealth management services across India. Below are the key details:
Vacancy Details
- Total Vacancies: 250 Wealth Manager posts
- Pay Scale: ₹64,820 – ₹2,340 (1 year) – ₹67,160 – ₹2,680 (10 years) – ₹93,960
- Approximate CTC: ₹21 lakhs per annum (varies by location, e.g., Mumbai)
- Probation Period: 2 years of active service
Important Dates
- Notification Release: August 4, 2025
- Online Application Start: August 5, 2025
- Online Application Deadline: August 25, 2025 (11:59 PM)
- Exam Date: June 22, 2025 (tentative, to be confirmed)
Eligibility Criteria
- Age Limit (as of August 1, 2025):
- Minimum: 25 years
- Maximum: 35 years
- Age relaxations apply for reserved categories (SC/ST/PwBD) as per government norms.
- Educational Qualification:
- Full-time 2-year degree/course in MBA, MMS, PGDBA, PGDBM, PGPM, or PGDM from a university/institution recognized by the Government of India or approved by a government regulatory authority.
- Minimum 60% aggregate marks (55% for SC/ST/OBC/PwBD candidates).
- Experience:
- Minimum 3 years of experience in wealth management.
- Desirable Certifications: NISM, IRDAI, NCFM, or AMFI certifications.
Application Process
- Visit the official website: www.unionbankofindia.co.in.
- Navigate to the “Careers and Recruitment” or “Recruitments” section.
- Click on “Recruitment of Wealth Managers (Specialist Officers)” or the relevant link.
- Select “Apply Online” and register with a valid email ID and mobile number.
- Fill in personal, educational, and professional details.
- Upload required documents (e.g., passport-size photo, signature, MBA/PGDM mark sheets, degree certificate, experience certificates, and desirable certifications).
- Pay the application fee:
- SC/ST/PwBD: ₹177 (inclusive of GST)
- Other Categories: ₹1,180 (inclusive of GST)
- Payment modes: Debit/Credit Cards, Internet Banking, IMPS, UPI, or Mobile Wallets.
- Submit the application and download/print the confirmation for future reference.
Selection Process
The selection process may include one or more of the following, depending on the number of applicants:
- Online Examination:
- 150 questions, 225 marks, 150 minutes duration.
- Sections: English Language, Reasoning Ability, Quantitative Aptitude, and Professional Knowledge (Wealth Management-specific).
- Negative marking: 0.25 marks per wrong answer.
- Group Discussion (if conducted).
- Personal Interview and/or application screening.
The bank reserves the right to modify the selection stages based on application volume.
How to Prepare
- Syllabus: Focus on English Language, Reasoning, Quantitative Aptitude, and Professional Knowledge (Wealth Management, Financial Planning, Investment Products like Mutual Funds, Bonds, Equities, and Insurance).
- Resources: Refer to the official notification for the detailed syllabus and exam pattern. Practice with mock tests and study materials from platforms like Oliveboard or Bankersadda.
- Documents: Keep scanned copies of all required documents ready in the prescribed format.
Additional Notes
- Selected candidates can be posted anywhere in India, so only those willing to work across Union Bank branches should apply.
- The official notification PDF is available on the Union Bank website for detailed information on eligibility, vacancy breakup, exam centers, and more.
- For queries, contact [email protected] or call 022-22896200.
For the most accurate and updated information, candidates should regularly check the official Union Bank website.
