UNION BANK OF INDIA MMG SCALE III RECRUITMENT 2011

UNION BANK RECRUITMENT PROJECT - 2011
RECRUITMENT NOTIFICATION

CASH PAYMENT OF APPLICATION FEES - Rs.300/- for General & OBC Category Candidates and Rs. 50/- for others as postage charges .
AT ANY UNION BANK OF INDIA BRANCH ACROSS INDIA
[Print this Entire Notification. APPLICATION FEE PAYMENT CHALLAN on Page 22 of this Notification.]
OPENING DATE for making ON-LINE Applications after Payment of Fees : 12.09.2011
[Choose Link to appropriate On-Line Application Form, available on the Banks website. ]
LAST DATE FOR MAKING ON-LINE APPLICATION & ON-LINE SUBMISSION
OF APPLICATION FORM : 01.10.2011
TENTATIVE DATE OF WRITTEN (ONLINE / OFFLINE)TEST : 13.11.2011

POST CODE 01
POST NAME : CREDIT OFFICER
POST SCALE : III
NO OF VACANCY : 450
AGE LIMIT : 21 TO 40 YEARS

Educational Qualifications & Post-Qualification Work Experience (as on
12.09.2011) :
The Educational Qualifications prescribed for the post is the MINIMUM. Candidates must possess these qualifications as on 12.09.2011 (inclusive).
When called for the Personal Interview, the candidate MUST ATTACH TO THE SYSTEM GENERATED PRINTED ON-LINE APPLICATION FORM, PROOF by way of clear and legible photocopies of (a) UNIVERSITY FINAL DEGREE PASSING (CONVOCATION) CERTIFICATE. (Provisional Degree Passing Certificate will be accepted only in case of those candidates who have passed the Degree Final Examination during the last 1 year, i.e., after the academic year 2010-2011 and the University has not conferred the Degree on the applicant) (b) YEAR-WISE / SEMESTER-WISE MARK SHEET FOR EACH YEAR / SEMESTER IN RESPECT OF EACH OF THE EXAMINATIONS PASSED from the concerned College & University, AND (c) COMPUTER COURSE PASSING CERTIFICATE in support the stipulation of having completed the Computer Awareness & Office Automation Course for duration of minimum 60 hours. The requirement of having completed the Computer Awareness & Automation Course will be waived in case of those Graduates having Computer Awareness or Knowledge as part of the curriculum at the Degree level and this fact should be indicated in the Application Form and also evidenced by an duly highlighted entry of the subject in the relevant Mark
Sheet.
THE CANDIDATURE OF CANDIDATES NOT FULFILLING THE ABOVE CRITERIA WILL BE SUMMARILY REJECTED AND THEY WILL NOT BE PERMITTED TO PARTICIPATE IN THE PERSONAL INTERVIEW AND FURTHER SELECTION PROCESS, EVEN THOUGH THEY MAY HAVE PASSED THE WRITTEN EXAMINATION.

ELIGIBILITY CRITERIA (As on 12.09.2011) : POST CODE - 01: 450 vacancies of Credit Officers in MMGS-III.
Educational Qualifications:
Degree of a recognised University or equivalent with 60% marks in the final year of Degree course.( 55% for Reserved Category candidates). For candidates who have acquired professional qualifications like C.A /I.C.W.A / C.S after completing std XII and without completing the Graduation , the requirement of minimum qualification of Graduation will be waived. Such candidates however, should have cleared the Inter exam of C.A /I.C.W.A / C.S course in maximum 2 attempts and the final exam in maximum 3 attempts.
AND
A Certificate for having completed a Course in Computer Awareness & Office Automation ( In Computer Basics , DOS, Office, Internet & E-Mail) for duration of minimum 60 hours from a reputed Computer Training Institute. This requirement will be waived in case of those Graduates / post Graduates where Computer Awareness or Knowledge was part of their Curriculum at the undergraduate / post graduate level.
Qualifications such as C.A /I.C.W.A / C.S / M.B.A/JAIIB/ CAIIB/Diploma in Banking & Finance (IIBF) or from AFC Institute of Management and Technology (AIMTEC) will be an added advantage.
Work Experience:
The candidate should be in MMGS-II or equivalent i.e. one Scale above the entry level Scale applicable for Officer cadre. He should possess a minimum of 5 years of working experience as an Officer in a PSU Bank or reputed Private Bank of which atleast 3 years as Credit processing Officer and should have sound knowledge of Banking Industry and Financial Markets.
Job Profile:
To perform Credit Analysis ( Worthiness) and process Loan proposals.
Inspect the Business Unit as well as the Bonofides of the prospective Barrower as a part of the Credit dispensation process.
Conduct due diligence , compile and submit Credit worthiness reports to the competent authority.
7
Process new / Renew Credit proposals in a timely manner and put forth comment /recommendations to appropriate authority as per Banks Loan policy guidelines.
Attend to various queries raised by vetting/ recommending authority on Credit .
Ensure compliance of data related to advance proposals and submission of reports to the Regional Office.
Communicate Credit sanction status to the borrower. Obtain/renew security documents and ensure compliance to all stipulated terms and conditions prior to disbursal.
Perform the role of a people manager by setting performance goals of subordinates and monitoring their performance.
Providing developmental guidance and direction as and when required.
Selection Procedure:
Through a Written test (ONLINE / OFFLINE) & / or Group Discussion & / or a Personal nterview to be decided by the Competent Authority

SERVICE BOND :
The selected candidate will be required to execute a Service Bond undertaking to serve the Bank for a period of 3 years or to pay the Bank a sum of Rs.200000.00 should he / she leave the Bank before the completion of the 3 year service period.

FOR MORE DETAILS ABOUT THE RECRUITMENT PROCESS OF UNION BANK OF INDIA CREDIT OFFICER SCALE III 2011 PLEASE VISIT THE FOLLOWING LINK
http://www.unionbankofindia.co.in/UserFiles/CreditOfficerIBPSAD27080609.pdf

ONLINE APPLICATION FOR MMG SCALE III
http://registration.sifyitest.com/unionbanksep11/index.php