UBI Recruitment 2025: Apply Online for 250 Wealth Manager (SO) Vacancies | www.unionbankofindia.co.in
Looking for a high-growth career in the banking & wealth management domain? Union Bank of India (UBI) has released the UBI Wealth Manager Recruitment 2025 notification for 250 posts under Specialist Officer (MMGS-II) cadre. Eligible graduates with a full-time 2-year management qualification and relevant experience can apply online on the official website www.unionbankofindia.co.in from 05 August 2025 to 25 August 2025. This is a prime opportunity to join a leading public sector bank and work with HNI/affluent clients across India.
UBI Wealth Manager Recruitment 2025 – Key Highlights
- Organization: Union Bank of India (UBI)
- Post: Wealth Manager (Specialist Officer – MMGS II)
- Total Vacancies: 250
- Job Category: Government Bank – Specialist Officer
- Job Location: Pan-India (branch/wealth hubs)
- Mode of Application: Online
- Official Website: www.unionbankofindia.co.in
- Apply Online Dates: 05 August 2025 to 25 August 2025
- Selection Stages: Online Exam, Group Discussion (GD)/Screening, and Personal Interview
- Salary (Basic Pay Scale): ₹64,820 – ₹93,960 (MMGS-II) + allowances as per bank rules
Category-wise Vacancy Break-up
| Category | Vacancies |
|---|---|
| UR | 103 |
| OBC | 67 |
| SC | 37 |
| ST | 18 |
| EWS | 25 |
| Total | 250 |
Eligibility Criteria
Age Limit (as on 01 August 2025)
- Minimum: 25 years
- Maximum: 35 years
- Age Relaxation: as per Government norms (SC/ST – 5 years, OBC – 3 years, PwBD – 10 years)
Educational Qualification
- Full-time 2-year management qualification such as MBA/MMS/PGDBA/PGDBM/PGPM/PGDM from a recognized University/Institute (Govt./AICTE/UGC approved).
Experience
- Minimum 3 years of post-qualification experience in wealth management/relationship management/investment advisory dealing with affluent or HNI clients in Banks/ NBFCs/ AMCs/ Wealth Management firms.
Salary, Perks & Career Growth
- Pay Scale (MMGS-II): ₹64,820–2,340/1–₹67,160–2,680/10–₹93,960.
- CTC (indicative): Market/metro postings can attract attractive CTC with performance-linked incentives as per bank policy.
- Benefits: DA, HRA/lease, medical, LTC, retirement benefits, leave, etc., as per UBI rules.
- Growth Path: Proven performers can advance to senior WM/Team Lead roles and higher managerial grades via internal promotions.
Application Fee
| Category | Fee (including charges) |
|---|---|
| General / OBC / EWS | ₹1,180/- |
| SC / ST / PwBD | ₹177/- |
Selection Process
- Online Examination – objective/MCQ based paper covering banking/wealth management, financial products, general/economic awareness, data analysis, reasoning, and English language.
- Group Discussion (GD) / Screening – communication, client-handling, regulatory awareness, and situational analysis.
- Personal Interview – domain knowledge (mutual funds, PMS, bonds, insurance, alternate assets), advisory ethics, risk profiling, regulatory compliance, and past performance.
Final merit will be prepared based on stages notified by the Bank. Pattern/weightage may vary as per number of applicants and bank policy.
Key Responsibilities (Indicative)
- End-to-end Wealth Advisory to HNI/affluent clients—asset allocation, product suitability, and periodic portfolio reviews aligned to risk profile.
- Cross-sell & Upsell suitable investment/insurance products (MFs, Bonds, SGBs, ULIPs, NPS, term cover, etc.) ensuring regulatory compliance and fair-practice code.
- Client Acquisition via references, events, and collaboration with branch/credit card/third-party product teams.
- Compliance with RBI/SEBI/IRDAI norms; documentation, KYC, suitability, and grievance redressal.
- Revenue & AUM growth targets with superior client experience and retention.
Documents Required
- Recent passport-size photograph & signature (as per size guidelines)
- Proof of Date of Birth (10th certificate/birth certificate)
- Educational certificates (Graduation + full-time 2-year MBA/PG in management)
- Experience certificates/relieving letters (clearly mentioning role & tenure)
- Category certificate (SC/ST/OBC-NCL/EWS) if applicable
- PWD certificate (if applicable) in prescribed format
- Valid photo ID (Aadhaar/Passport/Driving License etc.)
How to Apply Online for UBI Wealth Manager Recruitment 2025
- Visit unionbankofindia.co.in > Careers/Recruitments section.
- Open the link “UNION BANK RECRUITMENT FOR SPECIALIST OFFICERS – Wealth Managers (MMGS-II)”.
- Read the detailed notification carefully (eligibility, documents, exam pattern).
- Click on Apply Online & complete registration.
- Fill personal, academic & experience details accurately.
- Upload photograph, signature & documents in prescribed formats.
- Pay the application fee online and submit the form.
- Download/print the confirmation page & application for future reference.
Important Dates
- Start of Online Application: 05 August 2025
- Last Date to Apply: 25 August 2025
- Admit Card / Call Letters: To be released on the bank’s website before each stage
Why Choose UBI Wealth Manager Role?
- Public Sector Stability + Performance Incentives: Fixed pay under MMGS-II scale with allowances and performance-linked benefits.
- Client-centric Role: Work closely with HNIs, deliver sophisticated solutions, and build long-term relationships.
- Professional Learning: Exposure to diverse products (MFs, bonds, insurance, alternates) and regulatory frameworks.
- Pan-India Exposure: Opportunities across metros/urban hubs with fast-track growth for performers.
Important Tips for Applicants
- Match Eligibility First: Ensure your 2-year full-time management degree & minimum 3-year relevant experience are clearly documented.
- Build a WM-centric Resume: Highlight AUM handled, product mix, revenue achievements, retention rate, and certifications (NISM, IRDAI).
- Prepare for Exam & PI: Focus on MF taxation, risk profiling, asset allocation, PMS/AIF basics, RBI/SEBI/IRDAI norms, and market updates.
- Keep Documents Ready: Category certificates in correct format, experience letters with roles/responsibilities, and latest payslips (if asked).
FAQs – UBI Recruitment 2025 (Wealth Manager)
Q1. What are the application dates?
Applications are open from 05 August 2025 to 25 August 2025 (online only).
Q2. What is the age limit?
25 to 35 years as on 01 August 2025 (relaxations as per rules).
Q3. What is the educational qualification?
Full-time 2-year MBA/MMS/PGDBA/PGDBM/PGPM/PGDM from a recognized institute/university.
Q4. Is work experience mandatory?
Yes. Minimum 3 years post-qualification experience in wealth/relationship management/investment advisory.
Q5. What is the application fee?
₹1,180 for General/OBC/EWS; ₹177 for SC/ST/PwBD.
Q6. What is the selection process?
Online Examination followed by GD/Screening and Personal Interview as per bank policy.
📢 Apply now and take your wealth advisory career to the next level with Union Bank of India!
