📢 Bank Job Alert: Union Bank of India, a leading Public Sector Bank with Pan-India and overseas presence, invites online applications for the post of Wealth Manager in MMGS-II scale.
💼 Post Name: Wealth Manager – MMGS-II
📍 Posting Location: Anywhere in India (as per Bank’s discretion)
📅 Application Dates:
- Start Date: 05 August 2025
- Last Date: 25 August 2025
Vacancy Details
| Post Code | Post Name | Scale | Vacancies | Pay Scale* |
|---|---|---|---|---|
| 1 | Wealth Manager | MMGS-II | 250 | ₹64,820 – 93,960 |
*Approx. CTC at Mumbai: ₹21 Lakhs per annum (may vary by location).
Eligibility Criteria
Age Limit (as on 01.08.2025):
- Minimum: 25 years
- Maximum: 35 years
- Age relaxation as per Govt. rules for SC/ST/OBC/PwBD/Ex-Servicemen.
Educational Qualification:
- Full-time 2-year degree in MBA/MMS/PGDBA/PGDBM/PGPM/PGDM from recognized university/institution approved by Govt. of India.
- Desirable: Certification in NISM / IRDAI / NCFM / AMFI.
Experience:
- Minimum 3 years post-qualification experience in wealth management with Public/Private/Foreign Banks, Broking Firms, Securities Firms, or Asset Management Companies.
Job Profile
- Act as Single Point of Contact for HNI clients.
- Acquire, nurture, and strengthen relationships with clients.
- Promote and sell investment & insurance products.
- Conduct financial need analysis and periodic portfolio reviews.
Selection Process
- Online Examination
- Group Discussion
- Personal Interview
Exam Pattern (if held):
- Part I: Quantitative Aptitude, Reasoning, English (75 marks)
- Part II: Professional Knowledge (150 marks)
Application Fees
| Category | Fee (incl. GST) |
|---|---|
| SC/ST/PwBD | ₹177 |
| Others | ₹1180 |
How to Apply
- Visit the Union Bank of India Careers Page.
- Click on RECRUITMENT OF WEALTH MANAGERS (SPECIALIST OFFICERS).
- Click Apply Online Here (link active from 05.08.2025).
- Complete registration, upload documents, and pay fees online.
Important Links
- 📄 Official Notification PDF
- 📝 Apply Online (Active from 05 Aug 2025)
- 📚 Exam Syllabus & Pattern
- 🏛 Union Bank of India Official Website
🔔 Note: Candidates are advised to read the official notification carefully before applying.