Union Bank of India, one of the leading public sector banks in India, has released an official notification for the recruitment of 250 Wealth Manager posts under the Specialist Officer cadre. Interested candidates with relevant qualifications and experience can apply online through the bank's official portal from 05 August to 25 August 2025.
Overview of Union Bank Wealth Manager Recruitment 2025
| Organization | Union Bank of India |
| Post Name | Wealth Manager (MMGS-II) |
| Total Vacancies | 250 |
| Application Mode | Online |
| Start Date | 05 August 2025 |
| Last Date | 25 August 2025 |
| Official Website | www.unionbankofindia.co.in |
Vacancy Details (Category-wise)
| Category | Vacancies |
|---|---|
| SC | 37 |
| ST | 18 |
| OBC | 67 |
| EWS | 25 |
| UR | 103 |
| Total | 250 |
Related: IBPS Clerk Recruitment
Eligibility Criteria
Nationality
- Citizen of India
- Subject of Nepal or Bhutan
- Tibetan refugee (before 1st Jan 1962)
- Indian origin migrated from specified countries
Age Limit (as on 01.08.2025)
- Minimum Age: 25 years
- Maximum Age: 35 years
Age Relaxation
- SC/ST: 5 years
- OBC (Non-Creamy Layer): 3 years
- PWD: 10 years
- Ex-Servicemen: 5 years
Educational Qualification
- 2-Year Full-Time MBA / MMS / PGDBA / PGDM / PGPM in any discipline from Govt-recognized institution
- Desirable: Certifications in NISM, AMFI, IRDAI, NCFM
Work Experience
Minimum 3 years post-qualification experience in Wealth Management with Banks, Broking Firms, or Financial Institutions.
Salary Structure and CTC
- Pay Scale (MMGS-II): ₹64,820 – ₹93,960 + allowances
- Approximate CTC (Mumbai): ₹21 Lakhs per annum
- Additional perks: HRA, Travel Reimbursement, Medical, Mobile Bill, etc.
Job Profile of Wealth Manager
- Managing banking and investment needs of HNI clients
- Selling investment and insurance products
- Conducting portfolio reviews and risk profiling
- Growing AUM and client relationships
Selection Process
The selection may consist of:
- Online Examination
- Group Discussion (GD)
- Personal Interview (PI)
Exam Pattern
| Section | No. of Questions | Marks |
|---|---|---|
| Quantitative Aptitude | 25 | 25 |
| Reasoning | 25 | 25 |
| English Language | 25 | 25 |
| Professional Knowledge | 75 | 150 |
| Total | 150 | 225 |
Note: 0.25 negative marking for each wrong answer.
Application Fee
| General / OBC / EWS | ₹1180/- |
| SC / ST / PwBD | ₹177/- |
How to Apply for Union Bank Wealth Manager Recruitment 2025
- Go to www.unionbankofindia.co.in
- Click on “Recruitments” → “Wealth Manager (Specialist Officer)”
- Register and fill the online application form
- Upload documents and photograph
- Pay the application fee
- Submit and print the application form for reference
Important Links
| Apply Online | Click Here |
| Official Notification (PDF) | Click Here |
| Official Website | Click Here |
FAQs – Union Bank Wealth Manager Recruitment 2025
1. How many posts are available in Union Bank Wealth Manager Recruitment 2025?
A total of 250 Wealth Manager posts are available under MMGS-II grade.
2. What is the last date to apply online?
The last date to apply online is 25 August 2025.
3. What is the minimum qualification required?
A 2-year full-time MBA/PGDM/PGDBA/PGPM from a recognized university is required. Additional certifications like NISM, AMFI are desirable.
4. Is work experience mandatory?
Yes, a minimum of 3 years post-qualification experience in Wealth Management is mandatory.
5. What is the selection process?
Selection may include Online Exam, Group Discussion, and Personal Interview.
6. What is the salary for Wealth Manager in Union Bank?
Pay Scale is ₹64,820 – ₹93,960 (MMGS-II), with approx. CTC of ₹21 Lakhs per annum (varies by location).
7. Is there any application fee?
Yes, ₹1180 for General/OBC/EWS and ₹177 for SC/ST/PwBD candidates.