UNION BANK RECRUITMENT PROJECT 2015-16 (SPECIALIST OFFICER) RECRUITMENT NOTIFICATION Union Bank of India , a leading listed Public Sector Bank with Head Office in Mumbai and having Pan India, as well as, Overseas presence, invites ON-LINE applications for recruitment to the following posts in Specialized Segment.
01 Forex Officer Scale II 19400-700/1-20100-800/10-28100 Posts 11
02 Forex Officer Scale I 14500-600/7-18700-700/2-20100-800/7-25700 Posts 36
03 Economist Scale I 14500-600/7-18700-700/2-20100-800/7-25700 Posts 2
*In addition, Dearness Allowance and other allowances will be payable as per prevailing rules and regulations in the Bank.
Start Date of Online Application 13 February 2015
Closing Date of Online Applicatin 28 February 2015
POSTCODE 01: 11 Vacancies of Forex Officer (MMGS-II) Age: Minimum : 20 Years Maximum : 35 Years
Educational Qualifications:
1. Bachelor's Degree in any discipline with minimum 55% marks from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory Bodies.
2. Post Graduate Diploma in International Banking from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory Bodies.
or MBA with specialization in International Banking from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory Bodies.
3. Literacy in Computer Operations and word processing / Computer skills supported by Certificate from a recognized institution.
Post Qualification Work Experience: Minimum 2 years experience in Forex Department / Trade Finance Department in a Public Sector Bank / Private Sector Bank / Financial Institution / listed Corporates. Job Profile:
Processing of export, import, remittance documents as per foreign trade policy, FEMA guidelines, ICC guidelines, Bank's guidelines and other regulatory guidelines.
Working on Bank's Finacle platform including Trade Finance package and other computer package relating to foreign exchange transactions.
General supervisory activities.
POSTCODE 02: 36 Vacancies of Forex Officer (JMGS-I) Age: Minimum : 20 Years Maximum : 30 Years Educational Qualifications:
1. Bachelor's Degree in any discipline with minimum 55% marks from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory Bodies.
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2. Post Graduate Diploma in International Banking from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory Bodies.
or MBA with specialization in International Banking from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory Bodies.
3. Literacy in Computer Operations and word processing / Computer skills supported by Certificate from a recognized institution.
Post Qualification Work Experience: One year experience in Forex Department / Trade Finance Department in a Scheduled Commercial Bank / Financial Institution / listed Corporates is preferable. Job Profile:
Processing of export, import, remittance documents as per foreign trade policy, FEMA guidelines, ICC guidelines, Bank's guidelines and other regulatory guidelines.
Working on Bank's Finacle platform including Trade Finance package and other computer package relating to foreign exchange transactions.
General supervisory activities.
POSTCODE 03: 02 Vacancies of Economist (JMGS-I) Age: Minimum : 20 Years Maximum : 30 Years Educational Qualifications: Bachelor‟s Degree with minimum 55% marks and the applicant should have studied Economics as one of the major subjects in graduation from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory Bodies. Job Profile:
Tracking of macroeconomic developments with focus on monetary & fiscal policies;
To study sectoral trends in banking, map these with business level of the Bank and providing decision support inputs.
Banking reports explaining vital trends in the industry/States/Regions etc. and recommendation of strategies based on such studies;
Preparation of Business strategies of the Bank;
Business Analytics;
Balance Sheet Management; to study and suggest right mix of business in order to maximize risk adjusted return in synchronization with industry based projections and future trends.
SERVICE INDEMNITY BOND: The selected candidates will be required to execute a Service Indemnity Bond undertaking to serve the Bank for a period of 3 years or to pay the Bank a sum of Rs.250000.00 (Rs.Two Lac Fifty Thousand Only) in case he / she leaves the Bank before completion of 3 years of active service.
SELECTION PROCESS: The selection process may comprise of online Examination and / or Group Discussion and / or Personal Interview. The Bank reserves the absolute right to decide as to whether to use all or any of these modes for selection for the notified posts.
Application Fee : 600/- / 100/-
