Union Bank of India has released the official notification for Specialist Officer Recruitment with 750 total vacancies across IT Assistant Manager, Credit Officer, and Wealth Manager positions. The online registration process began on April 30th and includes 500 posts for Assistant Manager (IT & Credit) and 250 posts for Wealth Managers.
Union Bank SO Recruitment Overview
The recruitment drive targets multiple specialist roles in banking operations and technology domains. Union Bank has announced 250 vacancies each for Credit Officer Assistant Manager and IT Assistant Manager posts.
| Parameter | Details |
|---|---|
| Organization | Union Bank of India |
| Post Name | Specialist Officer (Assistant Manager/Wealth Manager) |
| Total Vacancies | 750 |
| Categories | IT, Credit Officer, Wealth Manager |
| Application Mode | Online |
| Selection Process | Online Exam + Interview |
Vacancy Details for Union Bank SO Posts
The vacancy distribution covers specialized banking roles with specific educational requirements for each category. Candidates can apply for positions matching their academic background and professional expertise.
Post-wise Vacancy Breakdown
Each position demands distinct qualifications and offers different career growth opportunities within the banking sector. The recruitment includes both technical and functional specialist roles.
- IT Assistant Manager: 250 vacancies
- Credit Officer Assistant Manager: 250 vacancies
- Wealth Manager (Scale-II): 250 vacancies
Eligibility Criteria for Union Bank SO Recruitment
Candidates must meet age limits, educational qualifications, and experience requirements specific to each specialist role. The criteria vary based on the position applied for and category of the candidate.
Age Limit Requirements
The age limit ranges from 20 to 35 years with relaxations available for reserved categories. Experience requirements may provide additional age relaxation for certain positions.
- Minimum age: 20 years
- Maximum age: 35 years (General category)
- SC/ST: 5 years relaxation
- OBC: 3 years relaxation
- PWD: 10 years relaxation
Educational Qualification Requirements
Each specialist position requires specific educational backgrounds and professional certifications. Technical roles demand engineering or computer science degrees while others require finance or management qualifications.
- IT posts: Engineering degree in Computer Science/IT/Electronics
- Credit Officer: Graduate with banking/finance experience
- Wealth Manager: MBA in Finance or related certification
- Professional certifications preferred for specialist roles
Union Bank SO Salary Structure
The salary package follows JMGS-I scale with basic pay starting at Rs. 48,480 and reaching up to Rs. 85,920. The pay scale is 48,480 – 2000/7 – 62,480 – 2340/2 – 67,160 – 2680/7 – 85,920 with additional allowances.
| Component | Amount/Details |
|---|---|
| Basic Pay | Rs. 48,480 (Starting) |
| Maximum Basic Pay | Rs. 85,920 |
| Scale | JMGS-I (48,480-85,920) |
| Dearness Allowance | As per RBI guidelines |
| Special Allowance | Based on location |
| Other Benefits | Medical, PF, Gratuity |
Exam Pattern for Union Bank SO
The selection process includes online examination followed by personal interview for shortlisted candidates. The exam duration is 150 minutes carrying 225 marks with negative marking of 0.25 marks for wrong answers.
Online Examination Structure
The exam consists of two parts testing general aptitude and professional knowledge specific to each specialist role. Candidates must clear both sectional and overall cut-offs to qualify for interview.
- Part I: Reasoning, Quantitative Aptitude, English Language
- Part II: Professional Knowledge (role-specific)
- Total Duration: 150 minutes
- Total Marks: 225
- Negative Marking: 0.25 marks per wrong answer
Syllabus for Union Bank SO Exam
The syllabus covers general banking knowledge along with specialized topics relevant to each post category. Candidates should focus on both foundational concepts and advanced professional knowledge.
General Awareness Topics
- Current Affairs and Banking News
- Indian Economy and Financial Markets
- Banking Regulations and RBI Policies
- Government Schemes and Initiatives
- International Banking and Finance
Professional Knowledge Areas
Each specialist role requires deep understanding of domain-specific concepts and practical applications. The professional knowledge section carries significant weightage in final scoring.
- IT Specialists: Programming, Database Management, Cybersecurity
- Credit Officers: Credit Analysis, Risk Management, Loan Processing
- Wealth Managers: Investment Planning, Portfolio Management, Financial Planning
Application Process and Important Dates
Candidates must complete online registration within the specified timeline through the official Union Bank website. The application period started on April 30th with last date being May 20th.
How to Apply Online
The application process requires careful completion of all sections with accurate information and document uploads. Candidates should keep all necessary documents ready before starting the application.
- Visit unionbankofindia.co.in official website
- Navigate to Career/Recruitment section
- Select Union Bank SO Recruitment link
- Complete online registration with valid details
- Upload photograph and signature as per specifications
- Pay application fees through online mode
- Submit application and download confirmation
Selection Process Details
The selection methodology involves screening through online examination followed by personal interview assessment. Final merit list preparation considers both exam scores and interview performance.
Interview Round Preparation
Personal interview evaluates technical knowledge, communication skills, and suitability for banking operations. Candidates should prepare for both general banking questions and role-specific technical queries.
- Technical knowledge assessment
- Banking awareness evaluation
- Communication and presentation skills
- Problem-solving capabilities
- Leadership and teamwork qualities
Preparation Strategy for Success
Effective preparation requires balanced focus on general banking concepts and specialized professional knowledge. Candidates should utilize quality study materials and practice mock tests regularly.
Study Plan Recommendations
Systematic preparation with dedicated time allocation for each subject increases chances of success significantly. Regular revision and time management skills are equally important.
- Allocate 40% time to professional knowledge subjects
- Practice quantitative aptitude problems daily
- Read financial newspapers and banking magazines
- Solve previous year question papers
- Take regular mock tests to assess progress
- Focus on current affairs related to banking sector
Career Growth Opportunities
Union Bank SO positions provide excellent career advancement prospects within the banking hierarchy. Officers can progress to senior management roles through internal promotions and performance evaluations.
Promotion Pathways
Career progression follows structured advancement with opportunities for specialized roles and leadership positions. Performance-based promotions and skill development programs support career growth.
- Assistant Manager to Deputy General Manager
- Specialized roles in Risk Management
- Technology leadership positions
- Credit and Operations management
- Branch management opportunities
Document Requirements
Candidates must prepare all required documents in prescribed format before starting the application process. Any discrepancy in documents can lead to application rejection.
| Document Type | Specifications |
|---|---|
| Photograph | Passport size, recent, 20-50 KB |
| Signature | Clear, on white paper, 10-20 KB |
| Educational Certificates | Degree and mark sheets |
| Experience Certificate | For relevant work experience |
| Category Certificate | For reserved category claims |
Frequently Asked Questions
The exam was conducted on June 22nd as per the official schedule. Union Bank announced the exam date on their official website for all specialist officer positions.
Yes, eligible candidates can apply for multiple specialist positions if they meet the qualification criteria. However, separate applications and fees are required for each post.
The application fee varies by category with concessions available for SC/ST/PWD candidates. Payment must be completed online through the official portal.
Yes, there is negative marking of 0.25 marks for each incorrect answer. Candidates should attempt questions carefully to avoid unnecessary deductions.
Specialist Officers handle domain-specific tasks like IT operations, credit analysis, and wealth management. Responsibilities vary based on the assigned department and specialization area.
Work experience requirements vary by position with some roles preferring relevant industry experience. Fresh graduates can also apply for certain specialist positions based on educational qualifications.
Union Bank SO Recruitment provides excellent opportunities for specialists to build careers in the banking sector. Success requires thorough preparation covering both general banking knowledge and professional expertise. Candidates should focus on quality study materials and regular practice to maximize their chances of selection in this competitive examination.
