Are you an experienced professional in wealth management seeking a prestigious role with one of Indiaโs top public sector banks? Union Bank of India invites applications for 250 Wealth Manager (Specialist Officer) positions in Middle Management Grade Scale II. Embrace the chance to manage high net-worth portfolios and grow your career in financial services! Letโs dive into everything you need to know. ๐ผ
๐ Key Highlights: Union Bank of India Wealth Manager Recruitment
| Feature | Details |
|---|---|
| Organization | Union Bank of India |
| Post Name | Wealth Manager (Specialist Officer) |
| Scale/Grade | MMGS II (Middle Management Grade Scale II) |
| Pay Scale | โน64,820 โ โน93,960 + Allowances, CTC ~21 Lakh (Mumbai) |
| Vacancies | 250 |
| Application Dates | 05/08/2025 โ 25/08/2025 |
| Application Mode | Online |
| Official Website | unionbankofindia.co.in |
๐ข Vacancy Details: Union Bank Wealth Manager 2025
| Category | Total | SC | ST | OBC | EWS | UR | PwBD (VI/HI/OC/MoD) |
|---|---|---|---|---|---|---|---|
| Wealth Manager | 250 | 37 | 18 | 67 | 25 | 103 | 3/3/2/2 |
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Reservation follows the Government/Bank rules.
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PwBD: Persons with Benchmark DisabilitiesโVisual, Hearing, Orthopaedic, Multiple.
โ Eligibility Criteria: Wealth Manager UBI
Nationality
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Citizen of India or as specified (Nepal, Bhutan, Tibetan refugee pre-1962, PIO from select countries with eligibility certificate).
Age (as on 1st Aug 2025)
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Minimum: 25 years
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Maximum: 35 years
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Age relaxation: SC/ST โ 5 years, OBC (NCL) โ 3 years, PwBD โ 10 years, others as per rules.
Educational Qualification (as on 25th Aug 2025)
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Full-time 2-year MBA/MMS/PGDBA/PGDBM/PGPM/PGDM (recognised by the Govt. of India or regulatory bodies)
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Desirable:ย Certification in NISM/IRDAI/NCFM/AMFI
Experience (as on 25th Aug 2025)
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Minimum 3 years post-qualification experience as an Officer/Manager in Wealth Management in Banks/Broking/Securities/Asset Management Companies.
๐ฏ Work Profile: Key Responsibilities
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Act as the single point of contact for HNI clients.
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Acquire, nurture, and strengthen client relationships.
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Sell investment and insurance products.
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Increase TRV (Total Relationship Value) and AUM (Assets Under Management).
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Conduct financial need analysis and risk profiling.
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Perform regular portfolio reviews.
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Ensure 100% documentation and client instruction execution with minimal TAT.
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Organise insurance/investment awareness sessions.
๐ฉ๐ป Application Fees
| Category | Fee (โน, incl. GST) |
|---|---|
| SC/ST/PwBD | 177 |
| Others | 1180 |
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Fee is non-refundable and payable online.
๐ฐ Salary & Perks
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Pay Scale:ย โน64,820โ2,340/1โ67,160โ2,680/10โ93,960 (MMGS II)
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Approx. CTC:ย โน21 lakh/year (Mumbai) incl. DA, HRA, special allowance, medical, perquisites
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Probation:ย 2 years
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Service Bond:ย 3 years or penalty of โน2,50,000 + tax if resigned earlier
๐ Selection Process
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May include:
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Online Written Exam (150 Qs, 225 marks, 150 minutes)
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Group Discussion (GD, 50 marks, min. 25 to qualify)
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Personal Interview (PI, 50 marks, min. 25 to qualify)
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Online Exam Structure:
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Quantitative Aptitude (25 Qs/25 marks)
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Reasoning (25 Qs/25 marks)
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English Language (25 Qs/25 marks)
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Professional Knowledge (75 Qs/150 marks)
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Negative Marking:ย 0.25 per wrong answer
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๐ How to Apply
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Visitย unionbankofindia.co.in
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Go to โRecruitmentsโ โ โCurrent Recruitmentโ โ โWealth Manager (Specialist Officer)โ โ โCLICK HERE TO APPLY ONLINEโ
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Register, fill details, upload photo/sign/thumb, pay fee, and submit.
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Print completed application for future reference. No modifications allowed after submission.
๐ Required Documents (for Interview)
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Interview call letter (printed)
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Online application form (printed)
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Proof of date of birth
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Identity proof (as per notification)
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Mark sheets, certificates (education)
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Caste/EWS/PwBD/Ex-serviceman certificates (if applicable)
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Experience certificates (original, as per format)
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No Objection Certificate (serving Govt./PSU employees)
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Other documents as mentioned in notification
๐ข Exam Centres
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Major cities across all states/UTs in India (see notification for full list)
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No request for centre change will be entertained.
๐ Important Links
| Purpose | Link |
|---|---|
| Official Notification | Click Here |
| Online Application (From 05-08-2025) | Click Here |
| Maru Gujarat Official | marugujarat.in |
| Join WhatsApp | Click Here |
| Join Telegram | Click Here |
๐ Important Dates
| Event | Date |
|---|---|
| Application Start Date | 05 August 2025 |
| Application End Date | 25 August 2025 |
| Cut-off for Age/Education/Experience | As above |
| Exam/GD/PI Dates | Will be notified |
๐ Key Takeaways: Union Bank Wealth Manager Bharti
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250 Wealth Manager posts with excellent pay and growth opportunities
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Specialized recruitment for professionals with strong wealth management experience
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Strict eligibility normsโensure you meet all requirements before applying
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No offline applications; online only
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Detailed process and notification available at Union Bank of Indiaโs official site
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Selection through exam, GD, PI (structure as per bank guidelines)
โ FAQs: UBI Wealth Manager Vacancy
Q1. Who can apply for Union Bank Wealth Manager 2025?
A: Candidates with a full-time 2-year MBA/management PG and at least 3 yearsโ wealth management experience in regulated firms.
Q2. What is the exam pattern?
A: Online exam (150 questions, 225 marks, 150 minutes), with GD and interview as decided by the bank.
Q3. Is age relaxation available?
A: Yes, up to 5 years for SC/ST, 3 for OBC, 10 for PwBD, plus other categoriesโsee official rules.
Q4. Where can I apply and track updates?
A: Apply viaย unionbankofindia.co.in > Careersย and check email/mobile and site for alerts.
Q5. Is there a bond or probation?
A: Yes, 2-year probation and a 3-year service bond (or โน2.5 lakh penalty plus taxes).
๐ก Final Thoughts: Union Bank Specialist Officer Jobs
This is a rare and prestigious recruitment for seasoned professionals eager to grow in Indiaโs banking sector. Read the full notification, prepare your documents, and apply on time for the Wealth Manager (Specialist Officer) role at Union Bank of India. Wishing you the very best as you move towards an inspiring career in banking! ๐
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