Guys, apply now for *Union Bank Wealth Manager Recruitment 2025*! Union Bank of India has announced **250 vacancies** for Wealth Managers. This is a golden opportunity for finance professionals to join one of India's leading banks. Check eligibility, important dates, selection process, and how to apply online. Don’t miss out on this high-paying bank job in 2025. Boost your banking career with UBI today. **Apply before the last date ie. 25 August 2025!**
Table of Contents
- Brief Recruitment Notification (#brief-recruitment-notification)
- Vacancy Details (#vacancy-details)
- Eligibility Criteria (#eligibility-criteria)
- Educational Qualification (#educational-qualification)
- Age Limit (#age-limit)
- Pay Scale and Benefits (#pay-scale-and-benefits)
- Application Fee (#application-fee)
- Selection Process (#selection-process)
- Exam Pattern and Syllabus (#exam-pattern-and-syllabus)
- Important Dates (#important-dates)
- Reservation (#reservation)
- How to Prepare (#how-to-prepare)
- How to Apply (#how-to-apply)
- Official Notification Link (#official-notification-link)
- Contact Information (#contact-information)
- Frequently Asked Questions (FAQs) (#frequently-asked-questions-faqs)
- Tips for Job Seekers (#tips-for-job-seekers)
- Conclusion (#conclusion)
Union Bank Wealth Manager Recruitment NotificationUnion Bank of India (UBI), a leading public sector bank, has announced the Union Bank Wealth Manager Recruitment 2025 for 250 Specialist Officer (SO) posts in the Wealth Management cadre under Middle Management Grade Scale-II (MMGS-II). This recruitment drive offers a prestigious opportunity for experienced professionals to manage high net-worth portfolios and advance their careers in banking. The online application window is open from August 5, 2025, to August 25, 2025. Eligible candidates can apply through the official website, www.unionbankofindia.co.in.
Union Bank Wealth ManagerVacancy DetailsThe recruitment aims to fill 250 Wealth Manager (Specialist Officer) posts across various branches of Union Bank of India. The category-wise vacancy distribution is as follows:
Category |
No. of Post |
SC |
37 |
ST |
18 |
OBC |
67 |
EWS |
25 |
UR |
103 |
Total |
250
Vacancies |
*Note: Exact category-wise vacancies will be detailed in the official notification. Candidates are advised to check the official website for updates.
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Union Bank Wealth ManagerEligibility CriteriaTo apply for the Wealth Manager post, candidates must meet the following eligibility requirements:
- Nationality: Must be a citizen of India, or a subject of Nepal/Bhutan, or a Tibetan refugee (pre-1962) with an eligibility certificate, or a Person of Indian Origin (PIO) from specified countries with an eligibility certificate.
- Work Experience: Minimum 3 years of post-qualification experience as an Officer/Manager in Wealth Management roles with Public/Private/Foreign Banks, Securities or Broking Firms, Asset Management Companies (AMCs), or similar regulated firms.
Union Bank Wealth ManagerEducational QualificationCandidates must possess:
- A full-time 2-year degree in MBA/MMS/PGDBA/PGDBM/PGPM/PGDM from a recognized university/institution, preferably with a specialization in Finance.
- Desirable Certifications: NISM, IRDAI, NCFM, or AMFI certifications are preferred, as they demonstrate expertise in wealth management.
Union Bank Wealth ManagerAge Limit
- Age Range: 25 to 35 years as of the specified cutoff date (likely August 1, 2025).
- Age Relaxation:
- SC/ST: 5 years
- OBC (Non-Creamy Layer): 3 years
- PwBD: 10 years
- Other categories: As per government norms (e.g., ex-servicemen, J&K domiciled candidates). Candidates should refer to the official notification for exact details.
Union Bank Wealth ManagerPay Scale and Benefits
- Pay Scale: Rs. 64,820 – 2,340/1 – 67,160 – 2,680/10 – 93,960 (MMGS-II).
- Approximate CTC: Around Rs. 21 lakhs per annum at Mumbai (varies by location).
- Additional Benefits: Includes Dearness Allowance (DA), House Rent Allowance (HRA), conveyance, medical benefits, leave fare concession (LFC), mobile reimbursement, and other perks as per bank policies.
Application Fee
- SC/ST/PwBD: Rs. 177/- (inclusive of GST)
- General/OBC/EWS: Rs. 1,180/- (inclusive of GST)
- Payment Mode: Online via Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards, Mobile Wallets, or UPI. Note: The application fee is non-refundable.
Union Bank Wealth ManagerSelection ProcessThe selection process may include one or more of the following stages, depending on the number of applicants:
- Online Examination: Objective-type test assessing Reasoning, Quantitative Aptitude, English Language, and Professional Knowledge.
- Group Discussion (if conducted): To evaluate communication and analytical skills.
- Personal Interview (PI): 50 marks (minimum 25 to qualify; 35% for SC/ST/OBC/PwBD candidates).
- The weightage for final selection is Online Exam: 80%, Interview: 20%.
- The bank reserves the right to modify the selection process.
Union Bank Wealth ManagerExam Pattern and SyllabusExam PatternThe online examination consists of two parts:
- Part 1 (75 marks, 25 questions each):
- Quantitative Aptitude (25 marks)
- Reasoning (25 marks)
- English Language (25 marks)
- Part 2 (150 marks, 75 questions):
- Professional Knowledge (relevant to Wealth Management, 2 marks each)
- Total Marks: 225
- Duration: 150 minutes
- Negative Marking: 0.25 marks (1/4th) for each wrong answer.
- Language: Bilingual (English and Hindi), except for the English Language section.
- Quantitative Aptitude: Data Interpretation, Number Series, Simplification, Profit & Loss, Time & Work, Percentages, Ratio & Proportion.
- Reasoning: Logical Reasoning, Puzzles, Seating Arrangement, Syllogism, Coding-Decoding, Blood Relations.
- English Language: Reading Comprehension, Cloze Test, Error Spotting, Sentence Improvement, Vocabulary.
- Professional Knowledge: Wealth Management, Financial Markets, Investment Products, Portfolio Management, Banking Regulations, Risk Management, NISM/IRDAI-related topics.
Important Dates
Event |
Date |
Notification Release |
August 4, 2025 |
Online Application
Start |
August 5, 2025 |
Last Date to Apply/Pay
Fee |
August 25,
2025 |
Online Exam Date |
Sep 22, 2025
(tentative) |
Admit Card Release |
To be announced |
Interview/Group
Discussion |
To be announced |
Note: Dates are subject to change. Check the official website for updates.
ReservationReservations for SC, ST, OBC, EWS, and PwBD candidates are as per Government of India and Union Bank guidelines. Category-wise vacancy details and relaxation norms will be specified in the official notification.
How to Prepare?
- Understand the Syllabus: Focus on Quantitative Aptitude, Reasoning, English, and Professional Knowledge specific to Wealth Management.
- Study Materials: Use standard books like R.S. Aggarwal for Quantitative Aptitude/Reasoning, Wren & Martin for English, and NISM/AMFI certification guides for Professional Knowledge.
- Mock Tests: Practice with online mock tests on platforms like PracticeMock or Oliveboard to simulate exam conditions.
- Stay Updated: Follow financial news and banking regulations to excel in Professional Knowledge.
- Time Management: Practice solving questions within the stipulated time to improve speed and accuracy.
- Join Study Groups: Engage in online forums or Telegram groups for peer learning and expert guidance.
How to Apply for Union Bank Wealth Manager Recruitment 2025?Follow these steps to apply for Union Bank Wealth Manager Recruitment 2025:
- Visit the official website: www.unionbankofindia.co.in.
- Navigate to the “Careers” or “Recruitment” section.
- Click on “Recruitment of Wealth Managers (Specialist Officers)”.
- Select “Click Here to Apply” and choose “Click Here for New Registration”.
- Fill in personal details (name, mobile number, email ID) to generate a registration number and password.
- Log in, complete the application form, and upload required documents (photo, signature, thumb impression) in the prescribed format.
- Pay the application fee online based on your category.
- Click “Submit” and take a printout of the application for future reference. Note: No modifications are allowed after submission.
Important Official Notification Links
Union Bank Wealth Manager Recruitment Notification
PDF: Download Here
Apply Online: Click Here
Union Bank Official Website: Click Here
Ensure you check the “Careers” section for the latest updates.
Union Bank Wealth ManagerContact InformationFor queries related to the recruitment process:
- Official Website: www.unionbankofindia.co.in
- Email: Contact details will be provided in the official notification.
- Helpline: Check the official website or notification for dedicated recruitment helpline numbers.
- Address: Union Bank of India, Central Office, 239, Vidhan Bhavan Marg, Nariman Point, Mumbai – 400021.
Frequently Asked Questions Q1. Who can apply for Union Bank Wealth Manager Recruitment 2025?
A: Candidates with a 2-year full-time MBA/MMS/PGDBA/PGDBM/PGPM/PGDM (preferably in Finance) and at least 3 years of wealth management experience in regulated firms.
Q2. What is the last date to apply?
A: The last date to apply is August 25, 2025.
Q3. Is there negative marking in the online exam?
A: Yes, 0.25 marks (1/4th) will be deducted for each wrong answer.
Q4. What is the salary for Wealth Managers?
A: The pay scale is Rs. 64,820 – 93,960, with an approximate CTC of Rs. 21 lakhs per annum in Mumbai.
Q5. Can I change my exam center after submission?
A: No, exam center changes are not entertained after submission.
Tips for Job Seekers
- Read the Notification Thoroughly: Understand eligibility, exam pattern, and syllabus before applying.
- Prepare Early: Start studying 3–4 months in advance to cover all topics, especially Professional Knowledge.
- Practice Mock Tests: Simulate exam conditions to improve time management and accuracy.
- Highlight Certifications: If you have NISM, IRDAI, or AMFI certifications, emphasize them in your application and interview.
- Stay Professional in Interviews: Dress formally, be confident, and showcase your wealth management expertise.
- Monitor Official Updates: Regularly check www.unionbankofindia.co.in for exam dates, admit cards, and results.
ConclusionThe Union Bank Wealth Manager Recruitment 2025 is a golden opportunity for professionals with a passion for wealth management to join one of India’s top public sector banks. With 250 vacancies, a competitive pay scale, and a robust selection process, this recruitment drive demands thorough preparation and timely application. Ensure you meet the eligibility criteria, apply before August 25, 2025, and leverage mock tests and study resources to ace the exam and interview. Stay updated via the official website and start your journey toward a rewarding career with Union Bank of India
Disclaimer: Candidates should refer to the official notification on www.unionbankofindia.co.in for precise details, as information may be subject to change.
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