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Union Bank of India (UBI) recruits Dealer/Equity Research Analyst

Union Bank of India (UBI) invites online application for the recruitment of Dealer/Equity Research Analyst for Post Graduation/ MBA/ MA holders

Company name :Union Bank of India (UBI)
Posts :Dealer/Equity Research Analyst
Qualification : Post Graduation/ MBA/ MA
Salary : Rs.25700-36200 /- p.m
No of Post : 11
Location :Mumbai
Last date to apply : 23.09.2014

Details of Post :

Dealer/Equity Research Analyst

Union Bank of India, a leading listed Public Sector Bank with Head Office in Mumbai and having Pan India and Overseas presence, invites ON-LINE applications for recruitment to the following posts.

Name of the Post :Dealer (Specialized Segment)

  1. No of Post : 03
  2. Qualification :A Post Graduation Degree in Finance / Mathematics / Statistics / Commerce from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory Bodies.ORMBA / PGDBM in Finance from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory Bodies.AndLiteracy in Computer Operations and Word Processing / Computing skills
  3. Post Qualification Work Experience:A minimum of 4 years Post Qualification Experience as an Officer in the Treasury Front Office – Domestic / Forex Desk of a Scheduled Commercial Bank.The applicant must be presently working as Trader / Dealer.
  4. Selection Process:Group Discussion and / or Personal Interview.
  5. Age : Minimum 21 YearsMaximum 38 Years for OBC and 40 Years for ST applicants (After allowing the relaxations as per the extant Government guidelines).
  6. Remuneration :30600-900/4-34200-1000/2-36200

Name of the Post :Dealer (Specialized Segment)

  1. No of Post : 07
  2. Qualification :A Post Graduation Degree in Finance / Mathematics / Statistics / Commerce from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory Bodies.ORMBA / PGDBM in Finance from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory Bodies.ANDLiteracy in Computer Operations and Word Processing / Computing skills
  3. Post Qualification Work Experience:A minimum of 3 years Post Qualification Experience as an Officer in the Treasury Front Office – Domestic / Forex Desk of a Scheduled Commercial Bank.The applicant must be presently working as Trader / Dealer.
  4. Selection Process:Group Discussion and / or Personal Interview.
  5. Age : Minimum 21 YearsMaximum 34 Years for OBC and 36 Years for SC/ST applicants (After allowing the relaxations as per the extant Government guidelines).
  6. Remuneration :25700-800/5-29700-900/2-31500

Name of the Post :Equity Research Analyst (General Segment) 

  1. No of Post : 01
  2. Qualification :MA in Economics or MBA in finance from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory Bodies.The Applicant having PhD degree in Economics from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory Bodies & CAIIB will be given preference.
  3. Post Qualification Work Experience:A minimum of 2 years Post Qualification Experience in market research activities in Scheduled Commercial Banks / primary dealers / Asset Management Companies in the field of fixed income / equity / foreign exchange.
  4. Selection Process:Group Discussion and / or Personal Interview.
  5. Age : Minimum 25 Years Maximum 43 Years for OBC applicants (After allowing the relaxations as per the extant Government guidelines).
  6. Remuneration :25700-800/5-29700-900/2-31500

SELECTION PROCESS:

The selection process may comprise of Group Discussion and / or Personal Interview. However, the Bank reserves the absolute right to decide as to whether to hold all or any of belowmentioned modes for selection of the candidates to the respective posts.

APPLICATION FEE :

  1. For OBC Rs.600.00 (application fees)
  2. For SC/ST/PWD candidates Rs.100.00 (intimation charges)

Procedure for applying online:

  1. Candidates are required to go to the Bank’s website “www.unionbankofindia.co.in” and click on the link “Recruitment” under “Career” page to access the Recruitment Notification titled “UNION BANK RECRUITMENT PROJECT 2014-15 (A) – Link for Notification and Online Application”.
  2. Eligible candidates are then required to click on the link given at the end of notification for the online application form.
  3. Candidates will have to enter their basic details in the online application form. Candidates are required to upload their photograph and signature as per the specifications given in the ‘Guidelines for Scanning and Upload of Photograph and Signature’.
  4. After the upload of photograph and signature an additional page of the application form is displayed wherein candidates may follow the instructions and fill in the requisite details.
  5. Candidates should carefully fill in the details in the On-Line Application at appropriate places very carefully and click on the “SUBMIT” button at the end of the Online Application format. Before pressing the “SUBMIT” button, candidates are advised to verify every field filled in the application.
  6. The application form is integrated with the payment gateway.
  7. The payment can be made by using only Master/ Visa Debit or Credit cards or Internet Banking.
  8. If the online transaction has been successfully completed, a Registration Number & Password will be generated. Candidates should note their Registration Number and Password for future reference.
  9. On successful completion of the transaction, an e-receipt will be generated.
  10. If the online transaction has not been successfully completed then the following message is displayed „Your online transaction was unsuccessful. Please register again‟ Candidates may then revisit the „Apply Online‟ link and fill in their application details again.
  11. Candidates are required to take a printout of the e-receipt and the submitted online application form

GENERAL INSTRUCTIONS:

  1. Only those candidates, who are short-listed for appearing in the Group Discussion and /or Personal Interview, can download their call letters from the Bank’s website „www.unionbankofindia.co.in‟ under “Career” link.
  2. The Bank will be free to reject any application at any stage of the process. The decision of the Bank in all matters regarding eligibility of the candidate, the stages at which such scrutiny of eligibility is undertaken, the documents to be produced for the purpose of the conduct of GD, interview, selection and any other matter relating to recruitment will be final and binding on the candidate. In case it is detected at any stage of the recruitment that a candidate does not fulfill the eligibility norms and/or that he/she has furnished any incorrect/false/incomplete information or has concealed or suppressed any material 8fact(s), his/her candidature will stand cancelled. If any of these shortcomings is/are detected even after appointment, his/her services shall be summarily terminated ithout notice.
  3. The candidate should produce System Generated Application Form and all the documents in original along with one set of photocopies, in support of his/her eligibility as per this notification, if invited for the Group Discussion and /or Personal Interview. Candidates failing to produce the Original Documents for verification will not be permitted to participate in the process and their candidature shall stand cancelled.
  4. The candidates claiming benefit of age relaxation under the category of Persons With Disabilities (i.e., Physically Challenged Persons) should submit a clear and legible copy of the Medical Certificate issued by Competent Authority as specified in “The Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act, 1995” in support of their disability. The prescribed format is available with this notification, which, if needed, may be printed and made use of. The candidates who fail to produce the certificates will not be allowed to participate in the process.
  5. The candidates belonging to SC/ST Category should submit a copy of their Caste Certificate issued by the Competent Authority in the format prescribed by the Central Government of India, Dept. of Personnel and Training, Office Memo No.36012/6/88-Estt.(SCT), (SRD III), dated 24.04.1990 and No.36036/8/98-Estt. (Res.) dated 16.03.1999. The prescribed format of the SC / ST Caste Certificate is available with this notification, which, if needed, may be printed and made use of. The candidates who fail to produce the certificates will not be allowed to participate in the process.
  6. The Other Backward Class (OBC) Certificate to be submitted by OBC Candidates should be on the Format prescribed by the Government of India vide Government of India, Dept. of Personnel and Training Office Memo. No. 36033/28/94-Estt.(Res.) dated 02.07.1997 entitled “FORM OF CERTIFICATE TO BE PRODUCED BY OTHER BACKWARD CLASSES APPLYING FOR APPOINTMENT TO POSTS UNDER THE GOVERNMENT OF INDIA” and should invariably contain the ‘CREAMY / NON-CREAMY LAYER’ CLAUSE. The certificate should be issuedwithin one year prior to the last date of online submission of application in prescribed format. The prescribed format of the OBC Certificate is available with this notification, which, if needed, may be printed and made use of. The OBC certificates not on theprescribed format and/or without the creamy / non creamy layer clause, will not beaccepted and the applicant’s candidature will be cancelled, who will also not be permitted to participate under the General / unreserved category.
  7. The candidates serving in the Government / Public Sector Undertakings (including banks and Financial Institutions) should submit a “No Objection Certificate” from the employer.
  8. The Candidates should retain sufficient copies of photographs uploaded by them in online application form. They are also advised not to alter their appearance, like by growing / shaving beard till the recruitment process is over. The candidates will appear for the Group Discussion and/or Personal Interview, etc. at the allotted centers at their own cost and risk and the Bank will not be responsible for any injury/loss, etc. of any nature. However, the eligible outstation SC/ST and Physically Challenged candidates attending the interview will be reimbursed to and fro Second Class Rail/Ordinary State Transport Bus fare by the shortest route on production of satisfactory evidence of travel along with an application in this regard.
  9. The candidates are advised to keep track of status of their applications from the Bank‟s website. The personal and/or telephonic and/or e-mail or postal enquiries will not be entertained/responded to.
  10. Selected candidates, who are presently in employment, will be required to produce an unconditional, clear and valid discharge certificate/relieving letter from their present employer before joining the service.
  11. Appointment of the short-listed / selected candidate is subject to his / her completing the prescribed pre-recruitment Medical Examination and being declared medically fit by Bank‟s approved Doctor/Medical Centre.
  12. The appointment will also be subject to receiving satisfactory references from respectable referees, police verification of antecedents, caste/class verification (all or any of which may be done even after the candidate provisionally joins the Bank) and compliance of the rules and regulations of the Bank.
  13. Canvassing in any form by a candidate will lead to his/her disqualification in the selection process.
  14. Candidate should ensure that the signatures appended by him/her in all the places, viz. in his/her application form, call letter, attendance sheet etc. are identical.
  15. The Bank reserves the right to alter, modify or change the eligibility criteria and/or any of the other terms and conditions spelt out in this Notification.
  16. The Bank reserves the right to scrap the entire process or any / all of the notified vacancies at any stage.
  17. In case of any dispute on account of interpretation in version other than English, the English version shall prevail.
  18. Any dispute arising out of this Notification shall be subject to the sole jurisdiction of the Court situated in Mumbai.

Important dates to remember :

Last date to apply : 23.09.2014

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