Are you an experienced finance professional looking to join a leading public sector bank? Union Bank of India has published the official notification for the recruitment of Wealth Managers under its 2025 hiring initiative.This blog covers everything you need to know—from eligibility and salary to the application process and selection criteria.

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📌 Overview of Union Bank Wealth Manager Recruitment 2025

Particulars Details
🚨 Organization Union Bank of India
📢 Post Name Wealth Manager (Specialist Officer)
📊 Total Vacancies 250
🗓️ Application Dates 05/08/25 – 25/08/2025
💼 Job Grade MMGS II
📍 Job Location Pan India
🌐 Apply Online www.unionbankofindia.co.in

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🧾 Post Details & Salary

  • Post Name: Wealth Manager

  • Scale: MMGS II

  • Basic Pay: ₹64,820 – ₹93,960

  • Total CTC: Approx. ₹21.00 Lakhs per annum (at Mumbai)

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📌 Category-Wise Vacancy Breakup

Category Vacancies
SC 37
ST 18
OBC 67
EWS 25
UR 103
Total 250

✅ Eligibility Criteria

1. Nationality

Indian citizens and eligible foreign nationals as per Govt. of India guidelines can apply.

2. Age Limit

  • Minimum: 25 years

  • Maximum: 35 years

  • ✨ Age relaxation is applicable as per government norms: up to 10 years for PwBD, 5 years for SC/ST, and 3 years for OBC candidates.

3. Educational Qualification

  • Full-time 2-year MBA/PGDM/PGDBA from a recognized university.

  • 📜 Preferred certifications include those from NISM, IRDAI, NCFM, or AMFI.

4. Work Experience

  • Minimum 3 years of experience in wealth management or investment roles within banks, broking firms, or asset management companies..

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📝 Job Responsibilities

  • Serve as the primary relationship manager for High Net-Worth Individual (HNI) clients.

  • Cross-sell investment and insurance products.

  • Regular portfolio reviews and risk profiling.

  • Focus on increasing Assets Under Management (AUM).

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🧪 Selection Process

  1. Online Exam

  2. Group Discussion (GD)

  3. Personal Interview (PI)

Final selection is based on the aggregate of all stages.
🛑 Note: 0.25 negative marking for wrong answers.

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📅 Important Dates

Event Date
📝 Start Date 05 August 2025
⏳ Last Date 25 August 2025
📥 Admit Card To be announced
🧪 Exam Date To be announced

💰 Application Fees

Category Fee (incl. GST)
SC/ST/PwBD ₹177
Others ₹1180

🧾 Required Documents at Interview

  • Online Application Form & Call Letter

  • Educational & Experience Certificates

  • Valid ID Proof

  • Caste/Disability/EWS Certificates

  • NOC (for Govt./PSU employees)

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📍 Exam Centres

Exam will be held in major cities like:
Delhi, Mumbai, Chennai, Hyderabad, Kolkata, Lucknow, Guwahati, Bhopal, Bengaluru, Patna and more.


⚠️ Service Bond

Candidates selected must sign a service bond of ₹2.5 Lakhs with a 3-year commitment to the bank.


❓ Union Bank Wealth Manager 2025 – FAQs

Q1:How much does a Wealth Manager earn at Union Bank of India?
✅ Approx. The total annual CTC for the MMGS II grade is around ₹21 lakh, depending on the posting location.

Q2: Can final-year MBA students apply?
❌ No. The MBA degree must be completed on or before 25 August 2025.

Q3: Is there an exam or direct interview?
📌 Depends on the number of applicants. Could be:

  • Only PI

  • Exam + PI

  • Online Examination followed by Group Discussion and Personal Interview

Q4: What is the job location?
📍 Anywhere in India, based on bank’s discretion.


🔚 Final Thoughts

This is an excellent opportunity to build a rewarding career as a Wealth Manager with Union Bank of India in 2025. If you're a finance professional with relevant experience, apply online before 25 August 2025.

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