Union Bank of India has announced recruitment for 250 Wealth Manager Specialist Officer (SO) published on https://www.unionbankofindia.co.in Learn about Wealth Manager role, eligibility, selection process. Online application starts from 5th Aug, 2025 and last date 25th Aug 2025 these roles are under the Middle Management Grade Scale II (MMGS-II)
Are you an ambitious professional with a passion for finance and a desire to build a rewarding career in the public sector? Union Bank of India (UBI), a leading public sector bank with a vast pan-India and international presence, has announced a golden opportunity for you!
Union Bank of India SO Specialist Officer Recruitment 2025
The official notification for the Union Bank of India Specialist Officer (Wealth Manager) recruitment for 2025 has been released. The bank is looking to fill 250 vacancies for this prestigious post. The application window is open for a limited period, and interested candidates are advised to apply online well before the deadline to avoid any last-minute technical glitches. This is a golden opportunity for experienced professionals in wealth management to join one of India’s leading public sector banks with a respectable pay scale and perquisites.
Key Information at a Glance:
- Total Vacancies: 250 (subject to change)
- Application Dates: The online registration and fee payment window is open from August 5, 2025, to August 25, 2025.
- Official Website: All applications must be submitted through the official UBI website: https://www.unionbankofindia.co.in/en/common/recruitment
- Selection Process: The selection process is a multi-stage affair and may include an online test, group discussion, application screening, and a personal interview, depending on the number of applications received.
- Age Limit: As of August 1, 2025, candidates must be between 25 and 35 years of age. Age relaxation is applicable for reserved categories as per government rules details mentioned in official website.
The Role of a Wealth Manager Union Bank of India Specialist Officer Recruitment 2025
The role of a Wealth Manager has evolved significantly. It’s no longer just about managing assets; it’s about building lasting relationships with clients, understanding their unique financial goals, and providing tailored solutions to help them achieve their dreams. As a Wealth Manager at Union Bank of India, you’ll be at the forefront of this transformation, working with high-net-worth individuals and corporate clients to offer a comprehensive suite of financial products and services. Your expertise will be crucial in areas like investment advisory, financial planning, and risk management, making you an invaluable asset to both the bank and its clientele. Official website has further more elaborated the Key Responsibility Area, You may visit and check in detail.
Eligibility & Qualifications Union Bank of India Specialist Officer Recruitment 2025
Meeting the eligibility criteria is the first and most crucial step toward your dream job. For the Union Bank Wealth Manager position, the requirements are specific and non-negotiable.
Nationality / Citizenship
Age, Educational Qualification and Work Experience for Union Bank Wealth Manager 2025
Age Limit: As of August 1, 2025, candidates must be between 25 and 35 years of age. Age relaxation is applicable for reserved categories as per government rules details mentioned in official website.
Educational Qualification: You must hold a full-time, two-year post-graduate degree or course in one of the following from a recognized institution.
Desirable certifications include NISM, IRDAI, NCFM, AMFI.
- MBA
- MMS
- PGDBA (Post Graduate Diploma in Business Analytics)
- PGDBM (Post Graduate Diploma in Business Management)
- PGPM (Post Graduate Program in Management)
- PGDM (Post Graduate Diploma in Management)
Work Experience: In addition to your educational qualification, you must have a minimum of three years of post-qualification experience in a managerial or officer-level role within the wealth management domain. This experience must be from a reputable organization such as a public sector bank, private bank, foreign bank, broking firm, securities firm, or an asset management company.
Union Bank of India Wealth Manager salary 2025
A career at Union Bank of India comes with a rewarding compensation package and promising growth opportunities. The Wealth Manager position falls under the Middle Management Grade Scale II (MMGS-II), which offers a competitive pay scale and comprehensive benefits.
The official pay scale for a Wealth Manager is ₹64,820 – 2,340(1 year) – ₹67,160 – 2,680(10 years) – ₹93,960. This means a starting basic pay of ₹64,820. In addition to this, you’ll be eligible for various allowances and perks, including Dearness Allowance, House Rent Allowance, Special Allowance, and other benefits as per the bank’s policies. The total CTC (Cost to Company) can be substantial, with some sources indicating an approximate CTC of around ₹21.00 lakhs per annum at a metropolitan center like Mumbai.
Career Growth: The journey doesn’t stop at Wealth Manager. With dedication and experience, you can progress to higher managerial roles, such as Senior Manager (MMGS-III), Chief Manager (SMGS-IV), and beyond, through internal promotion exams. This structured career path ensures continuous growth and professional development within the bank.
Probation period of Union Bank of India SO 2025 / Service Bond of Union Bank of India SO 2025
Here’s what you need to know about the service terms:
- Probationary Period: Your first two years of employment will be considered a probationary period.
- Service Commitment: You must sign a Service Indemnity Bond, promising to serve the bank for a minimum of three years of active service.
- Early Separation Penalty: If you choose to leave the bank before completing three years of service, you will be liable to pay ₹2,50,000 (Two Lakh Fifty Thousand Rupees) along with any applicable taxes.
Selection Process of Union Bank of India SO 2025
The selection process may comprise of Online Examination / Group Discussion / Screening of applications and / or Personal Interview depending on the numbers of applicants/eligible candidates. The Bank reserves the absolute right to decide as to whether to use all or any of these modes for selection for the notified posts. Download Online Examination and Selection Process 2025 Union Bank Of India
How to Apply for Union Bank of India Specialist Officer 2025
Know complete steps to apply for Union Bank of India Specialist Officer 2025
- Visit the official UBI website and navigate to the “Recruitment” section.
- Create an account via “New Registration”.
- Fill in personal, educational, and experience details.
- Upload necessary documents (photo, signature, certificates).
- Pay the application fee:
- General/OBC/EWS: ₹1,180
- SC/ST/PwBD: ₹177
- Submit, and download the confirmation/client copy for future reference.
FAQ
What is the total number of Wealth Manager vacancies in UBI 2025?
There are almost 250 vacancies for Wealth Manager (Specialist Officer) posts under MMGS-II, these vacancies are segregated as per rules of reservation you may check official website to know more.
What are the application dates?
Applications open on August 5, 2025 and close on August 25, 2025. you may visit the official website to apply
What is the required experience for the Wealth Manager post?
. Candidates must have at least 3 years of post-qualification experience in wealth management or related financial sectors
What is the salary package for Wealth Manager SO?
Candidates must have at least 3 years of post-qualification experience in wealth management or related financial sectors
What is the salary package for Wealth Manager SO?
The pay scale ranges from ₹64,820 to ₹93,960 plus allowances, with a CTC of approximately ₹21 lakh per annum (Mumbai basis)
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The Union Bank Wealth Manager SO Recruitment 2025 is a high-value opportunity for professionals in wealth and finance. Combining specialized responsibilities, strong compensation, and career stability in a public sector setting, it stands out as a compelling option.
Disclaimer: This blog post is based on information available in the public domain and is for informational purposes only. Candidates are advised to refer to the official Union Bank Of India notification for the most accurate and up-to-date information.