Are you a finance professional seeking a high-paying, prestigious role in the banking sector? Union Bank of India invites online applications for the recruitment of Wealth Managers (Specialist Officers) in MMGS-II scale. This is a golden opportunity for experienced professionals to join one of India’s leading public sector banks.
🔍 Key Highlights:
- Post Name: Wealth Manager
- Total Vacancies: 250
- Pay Scale: ₹64820–₹93960 + perks (Approx. CTC: ₹21 LPA at Mumbai)
- Application Dates: 5th August 2025 to 25th August 2025
- Mode of Application: Online only
- Posting Location: Pan India
🧑💼 Vacancy & Reservation Details:
| Category | SC | ST | OBC | EWS | UR | Total |
|---|---|---|---|---|---|---|
| 37 | 18 | 67 | 25 | 103 | 250 |
PwBD Vacancies: VI – 3, HI – 3, OC – 2, MoD – 2
📌 Eligibility Criteria
Educational Qualification:
- Full-time 2-year MBA/MMS/PGDBA/PGDM/PGPM (recognized by Govt. of India)
- Desirable Certifications: NISM / IRDAI / AMFI / NCFM
Age Limit (as on 01.08.2025):
- Minimum: 25 years
- Maximum: 35 years
(Age relaxation as per Govt. norms)
Experience:
Minimum 3 years post-qualification experience in Wealth Management in public/private/foreign banks, broking firms, securities firms, or asset management companies.
💼 Job Profile:
- Relationship management with High Net Worth Individuals (HNIs)
- Selling investment and insurance products
- Increasing Assets Under Management (AUM) & Total Relationship Value (TRV)
- Conducting portfolio reviews and financial risk profiling
- Supporting branch staff in wealth product awareness
📚 Selection Process:
- Online Exam (if held): Aptitude + Professional Knowledge
- Group Discussion & Personal Interview
- Final selection based on merit list prepared from total marks obtained
📝 Application Fee:
- SC/ST/PwBD: ₹177
- Others: ₹1180
(Online payment only)
📅 Important Dates:
| Event | Date |
|---|---|
| Online Application Start | 05 August 2025 |
| Last Date to Apply | 25 August 2025 |
📝 How to Apply:
- Visit Union Bank of India Careers
- Click on “Apply Online” under the Wealth Manager Recruitment section.
- Complete the registration and upload necessary documents.
- Pay the fee and submit the application.
- Save a copy of the application for future reference.
Important Link:
| Online Application Form | Click Here |
| Advertisement Details | Click Here |
| Official Website | Click Here |
Frequently Asked Questions (FAQs)
Q1. What is the total number of vacancies for Union Bank Wealth Manager Recruitment 2025?
A: Union Bank of India has announced 250 vacancies for the post of Wealth Manager (Specialist Officer – MMGS II).
Q2. What is the last date to apply for Union Bank Wealth Manager Recruitment 2025?
A: The last date to apply online is 25th August 2025.
Q3. What is the eligibility criteria for the Wealth Manager post?
A:
- Educational Qualification: Full-time 2-year MBA/MMS/PGDBA/PGDM/PGPM from a recognized university.
- Experience: Minimum 3 years post-qualification experience in wealth management in banks or financial institutions.
- Desirable Certifications: NISM/IRDAI/AMFI/NCFM.
Q4. What is the age limit for Union Bank Wealth Manager recruitment?
A: The age limit is 25 to 35 years as on 01.08.2025. Age relaxation is applicable for reserved categories as per government rules.
Q5. What is the salary of a Wealth Manager in Union Bank of India?
A: The basic pay scale is ₹64820–₹93960, with total CTC approx. ₹21 LPA at Mumbai. Actual CTC may vary based on location.
Q6. What is the selection process for Union Bank Wealth Manager 2025?
A: The selection process may include:
- Online Written Examination (Quant, Reasoning, English, and Professional Knowledge)
- Group Discussion (GD)
- Personal Interview (PI)
Final selection will be based on merit.
Q7. Is there any probation period for selected candidates?
A: Yes, selected candidates will undergo a probation period of 2 years.
Q8. Is there any service bond for this recruitment?
A: Yes, candidates must sign a Service Indemnity Bond of ₹2.5 Lakhs, committing to serve the bank for 3 years.
Q9. What is the application fee?
A:
- SC/ST/PwBD: ₹177
- General/OBC/EWS: ₹1180
Q10. Where can I apply for Union Bank Wealth Manager 2025?
A: Visit the official Union Bank website:
👉 https://www.unionbankofindia.co.in
Go to “Recruitment” > “Click to View the Current Recruitment” > “Apply Online”.
Q11. Can candidates be posted outside their home state?
A: Yes, candidates can be posted at any branch/office across India, as per the bank’s discretion.
Q12. Is there any negative marking in the online test?
A: Yes, 0.25 marks will be deducted for every wrong answer.
