Union Bank of India (UBI) has released an official notification inviting online applications for the recruitment of 250 Wealth Managers under the Specialist Officer (SO) cadre. This is a golden opportunity for experienced professionals in the wealth management sector to join a leading listed public sector bank with a pan-India and international presence.
Key Highlights
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Position: Wealth Manager
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Grade/Scale: MMGS – II (Middle Management Grade Scale-II)
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Vacancies: 250
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Online Registration Dates: 05 August 2025 to 25 August 2025
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CTC (Approx.): ₹21.00 Lakhs p.a. (at Mumbai)
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Posting: Anywhere in India
Vacancy Break-up
| Category | SC | ST | OBC | EWS | UR | Total |
|---|---|---|---|---|---|---|
| Posts | 37 | 18 | 67 | 25 | 103 | 250 |
PwBD vacancies are included within the above numbers.
Eligibility Criteria
Age Limit (As on 01.08.2025)
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Minimum: 25 years
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Maximum: 35 years
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Age Relaxation:
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SC/ST: 5 years
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OBC (Non-creamy layer): 3 years
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PwBD: 10 years
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Ex-Servicemen/1984 Riot Victims: 5 years
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Educational Qualification
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Full-time 2-year MBA / MMS / PGDBA / PGDBM / PGPM / PGDM from a recognized university/institution.
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Desirable certifications: NISM / IRDAI / NCFM / AMFI
Work Experience
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Minimum 3 years post-qualification experience in Wealth Management in Public/Private/Foreign Banks, Broking Firms, Securities Firms, or Asset Management Companies.
Job Responsibilities
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Serve as the single point of contact for HNI clients’ banking and investment needs.
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Manage and grow relationships with high-net-worth individuals.
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Cross-sell investment and insurance products.
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Increase Total Relationship Value (TRV) and Assets Under Management (AUM).
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Conduct financial needs analysis and risk profiling.
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Ensure timely documentation and transaction execution.
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Organize investment and insurance awareness programs.
Selection Process
Depending on the number of applications, the selection may involve one or more of the following stages:
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Online Exam
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Group Discussion (GD)
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Personal Interview (PI)
Exam Pattern
| Test Name | Questions | Marks | Duration |
|---|---|---|---|
| Quantitative Aptitude | 25 | 25 | |
| Reasoning | 25 | 25 | |
| English Language | 25 | 25 | 75 minutes |
| Professional Knowledge | 75 | 150 | 75 minutes |
| Total | 150 | 225 | 150 minutes |
Note: 0.25 marks will be deducted for each wrong answer.
Probation & Bond
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Probation: 2 years
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Service Bond: ₹2.5 Lakhs + applicable taxes if candidate resigns before 3 years
Application Fee
| Category | Fee (incl. GST) |
|---|---|
| SC/ST/PwBD | ₹177 |
| Others | ₹1180 |
Fees to be paid online only.
How to Apply
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Navigate to Careers > Recruitment > Current Recruitment
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Click on “RECRUITMENT OF WEALTH MANAGERS (SPECIALIST OFFICERS)”
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Click on “Apply Online”
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Complete registration, fill the application, upload documents, pay the fee, and submit.
Important Dates
| Event | Date |
|---|---|
| Online Registration Starts | 05 August 2025 |
| Last Date to Apply | 25 August 2025 |
| Exam Date (Tentative) | To be notified |
Documents Required at Interview Stage
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Interview call letter
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Online application printout
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Educational certificates
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Proof of age (DOB certificate)
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Experience certificate (in prescribed format)
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Caste/Category certificate (if applicable)
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Disability certificate (if applicable)
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Valid photo ID proof
Career Growth
Selected candidates will be recruited under the Specialized Segment and will have promotional opportunities similar to Marketing Officers. Career progression will follow Union Bank’s internal promotion policy.
🔗 Important Links
| Action | Link |
|---|---|
| 📄 Official Notification | Click Here |
| 📝 Apply Online | Click Here |
Final Note
Interested and eligible professionals should not miss this opportunity to be part of Union Bank of India’s dynamic wealth management team. Apply online before the deadline and take a step forward in your banking career.