Union Bank of India Specialist Officer Recruitment 2021

Union Bank of India Specialist Officer SO

The Union Bank of India recruits eligible candidates from time to time as Specialist Officers in the posts of Fire Officer, Economist, Security Officer, Integrated Treasury Officer, Credit Officer, and Forex Officer. There are separate sets of eligibility guidelines for each of the posts. The 2021 official notification is delayed due to the pandemic situation and is yet to release. It is important that all Union Bank SO aspirants have a firm idea about the entire recruitment process. In this article, we shall see all important information related to Union Bank of India Specialist Officer Recruitment 2021 exam such as Exam Date, Eligibility criteria, Syllabus, Application Fee, Apply Online, Exam Pattern, Vacancy, Salary, Job profile, etc.

Union Bank of India Specialist Officer Exam Highlights

Union Bank of India SO Exam Overview 2021

Name of the Organization Union Bank of India
Name of the Examination Union Bank of India Specialist Officers Recruitment
Conducting Body Union Bank
Total Vacancy 181+ (Expected)
Release of Notification To be Announced
Strat and End of Online Registration To be Announced
Mode of Exam Online Examination- Online

Group Discussion/Personal Interview- Offline

Official Website Union Bank of India Official Website

Union Bank Specialist Officer Eligibility Criteria

Candidates who want to apply for the Union Bank Specialist Officer exam should satisfy two basic criteria. 1) Age Limit 2) Education Qualifications.

Union Bank SO Age Limit

The Cut-off Date for the purpose of eligibility in Age criteria shall be the 1st day of the month in which online registration commences. Below are the age limits for different posts in the Union Bank SO exam.

Post Minimum Maximum
Fire Officer 30 40
Security Officer 26 40
Credit Officer 23 32
Economists 24 35
Forex Officer 23 32
Integrated Treasury Officer 23 32

Union Bank SO Educational Qualification

The Cut-off date for the purpose of eligibility in respect of Educational Qualification shall be the last date for online registration as notified. Below are the educational qualifications required for different posts in the Union Bank SO exam.

Post Educational Qualification Work Experience
Fire Officer B.E (Fire Engineering) from a University / Institution / Board recognized by Govt. of India/approved by Govt. Regulatory bodies  / Divisional Officers course in National Fire Service College, Nagpur. Minimum 10 years as Fire Officer in Banking Industry/Fire Services with Central/State Government.
Security Officer  A graduate in any discipline from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory bodies Minimum 5 years experience as an officer in the Indian Army not below the rank of Captain and its equivalent rank in Indian Navy, Indian Air Force with a minimum 5 years of Commissioned services. Or an officer of equivalent rank and service in Police and Central Para Military forces / Central Police Organizations.
Credit Officer  Graduate in any discipline and MBA / PGDBA / PGDBM/ PGPM/ PGDM with specialization in Finance from a University / Institution / Board recognized by Govt. of India/approved by Govt. Regulatory bodies.
OR
CA/ ICWA/ CFA/ FRM from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory bodies.Note: Professional qualifications like Financial Risk Management / Professional Risk Management will be preferred.
Candidates having specialization in Econometrics will be preferred. Certificate in MS Access, SQL from Globally known organizations such as Microsoft, Cisco, etc. or nationally known institutes such as NIIT, CMS, APTECH, etc., or institutions recognized by the Government / Government regulatory bodies will be preferred.
 –
Economists Post Graduate degree in Economics from a University/Institution/Board recognized by Govt. of India / approved by Govt. Regulatory bodies.

Note: Preference will be given to candidates having hands-on experience in
econometric packages/other data sourcing tools like Reuters, Cogenesis.
Candidates should have excellent communication and writing skills.

Minimum 3 years as an Economist or Analyst with Financial Institutions/Banks/NBFCs/Rating Agencies/Analytics Firm/Reputed Brokerage Agencies
Forex Officer Graduate in any discipline from a University/Institution/Board recognized by Govt. of India/approved by Govt. Regulatory bodies.
AND
MBA / PGDBA / PGDBM/ PGPM/ PGDM with Specialization in Finance / International Business/Trade Finance from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory bodies.
Certificate Course in Forex conducted by IIBF will be preferred.
 –
Integrated Treasury Officer Graduate in any discipline and MBA / PGDM with specialization in Finance / Accounting / International Business / Trade Finance from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory bodies.
OR
CA/ICWA/CFA/FRM from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory bodies.
OR
MA (Economics) / MS (Economics) / MFC from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory bodies.
 –

Union Bank of India SO Vacancies

A total of 181 vacancies have been reported in the Union Bank SO Exam 2019 recruitment notification. Here is the breakdown of category-wise vacancies.

Post Code Post Vacancies
01 Fire Officer 1
02 Economist 6
03 Security Officer 19
04 Integrated Treasury Officer 15
05 Credit Officer 122
06 Forex Officer 18

Union Bank of India SO Selection Procedure

There are 3 stages in the Union Bank SO Selection process. They are:

  1. Written Exam
  2. GD (if conducted)
  3. Personal Interview

Union Bank of India SO Exam Pattern

Written Exam

Subject No. of Qs Max Marks Duration
Reasoning 50 25 2 Hours
Quantitative Aptitude 50 50
Professional knowledge
relevant to the post
50 100
English Language 50 25
Total 200 200
  • A written exam is in English & Hindi
  • There is a Negative marking of 0.25 marks for every wrong answer

Personal Interview

  • A Personal Interview of 50 marks shall be conducted to assess the academic & job knowledge, power of expression, clarity of thought, qualities of leadership, extracurricular activities, hobbies, general demeanor, behavior, communication skills, suitability for the post, etc. of the applicant.
  • The minimum qualifying marks for the Personal Interview would be 25 marks (22.5 marks for Reserved Category applicants).
  • The applicants not securing the minimum qualifying marks in the Personal Interview will be disqualified for selection.

Union Bank of India SO Salary

Post Basic Pay Scale Grade
Fire Officer 42020-1310/5-48570-1460/2-51490 III
Security Officer 31705-1145/1-32850-1310/10-45950 II
Credit Officer 23700 – 980/7- 30560-1145/2 – 32850 -1310/7 -42020 I
Economists 42020-1310/5-48570-1460/2-51490 III
Forex Officer 23700 – 980/7- 30560-1145/2 – 32850 -1310/7 -42020 I
Integrated Treasury Officer 23700 – 980/7- 30560-1145/2 – 32850 -1310/7 -42020 I

Other Allowances: 

Apart from salary, a Union Bank Specialist Officer is also eligible for other benefits and allowances such as Special Allowance, Dearness Allowance, and amenities like residential quarters/lease rent in lieu of quarters, LFC, reimbursement of medical/hospitalization expenses, and other perquisites as per the policy of the Bank

Union Bank of India SO Syllabus

Reasoning

  • Direction Sense Test
  • Arithmetical Reasoning
  • Alpha-Numeric Sequence Puzzle
  • Logical Sequence of Words
  • Eligibility Test
  • Data Sufficiency
  • Logical Venn Diagrams
  • Inserting the Missing Character
  • Alphabet Test
  • Mathematical Operations
  • Logic
  • Series Completion
  • Theme Detection
  • Analogy
  • Clocks & Calendars
  • Deriving Conclusions from Passages
  • Statement – Conclusions
  • Coding-Decoding
  • Number, Ranking & Time Sequence
  • Statement – Arguments
  • Situation Reaction Test

Aptitude

  • Problems on Trains
  • Probability
  • Permutations and Combinations
  • Simplification and Approximation
  • Numbers and Ages
  • Mensuration
  • Mixtures and Allegations
  • Indices and Surds
  • Time and Work Partnership
  • Ratio and Proportion
  • Simple Equations
  • Quadratic Equations
  • Simple Interest
  • Problems on Numbers
  • Compound Interest
  • Volumes Profit and Loss
  • Odd Man Out
  • Problems on L.C.M and H.C.F
  • Races and Games
  • Time and Distance
  • Areas
  • Percentages
  • Averages
  • Boats and Streams
  • Pipes and Cisterns

English

  • Grammar
  • Synonyms
  • Comprehension
  • Vocabulary
  • Error Correction
  • Fill in the Blanks
  • Sentence Rearrangement
  • One phrase substitutions
  • Shuffling of sentence elements
  • Antonyms
  • Sentence construction
  • Idioms & Phrases
  • Unseen Passages

Electronics and Communication

  • Electrical and Electronic Measurements
  • Control Systems and Process Control
  • Transducers, Mechanical Measurement, and Industrial Instrumentation
  • Analog Electronics
  • Digital Electronics
  • Analytical, Optical Instrumentation
  • Signals, Systems, and Communications
  • Basics of Circuits and Measurement Systems

Computer Science

  • Computer Organization and Architecture
  • Web Technologies
  • Computer Networks
  • Algorithms
  • Digital Logic
  • Information Systems and Software Engineering etc
  • Operating System
  • Programming and Data Structures
  • Computer Networks
  • Databases

Information Technology

  • Data Communication and Networks
  • Information and Network Security
  • Relational DataBase Management System
  • Computer Fundamentals and Programming
  • Cyber Law in India
  • Linux System Administration
  • Operating System

Union Bank of India SO Application Fees

Below are the application fee details for the Union bank specialist officer exam. The Exam fee varies by the category of the candidate.

General & OBC Candidates Rs. 600/-  (application fees)
SC/ ST/ PWD Candidates Rs. 100/-  (intimation charges)

 

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *