Union Bank of India, the leading public sector bank India with Mumbai as head quarters.Bank bags the award Fininacial Inclusion Initiative award in Global conferece on Financial Inclusion and Fee Payments. Union Bank released the notification regarding the recruitment of Dealers (Specialization segment) and Research Analysts positions (General Segment). Applications are invited from all the impassioned bankers meeting the eligible criteria. Here is the details of recruitment for different positions all the eligible and aspiring candidates can apply through online.

Details Of Recruitment

Important Dates

S. NoParticularsDate
1Starting Date Of Online Registration09/09/2014
2Last Date For Online Registration23/09/2014
3Last Date For Receipt of Print out of Computer Generated Online Application08/10/2014

Posts For Recruitment

Dealer (Specialized Segment):
Post Code: 01
Scale Grade: IV
No. Of Vacancies: 03
Pay Scale: 30600-900/4-34200-1000/2-36200
Eligible Criteria:

  1. Nationality/ Citizenship:
    A candidate must be

    • a citizen of India or
    • a subject of Nepal or
    • a subject of Bhutan or
    • a Tibetan refugee who came over to India before January 1, 1962 or
    • a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African Countries of Kenya, Uganda, the United Republic of Tanzania ( Formerly Tanganyika and Zanzibar ), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.
  2. Age Limitations: 21-38 years
  3. Educational Qualification:
    • A Post Graduation Degree in Finance/ Mathematics/ Statistics/ Commerce from a university/ Institution/ Board recognized by Govt. Of India or
    • MBA/ PG DBM in Finance from university/ Board recognized by Govt. Of India and
    • Literacy in Computer Operations and word processing/ Computer Skills.
  4. Experience:
    Minimum 4 years experience as a Treasury Front Office-Domestic/ Forex Desk Of scheduled Commercial Bank.
    Candidate should be currently working as Trader/ Dealer.

Selection Process:

GD and/ or Personal Interview.


Dealer (Specialized Segment):

Post Code: 02
Scale Grade: III
No. Of Vacancies: 07
Pay Scale: 25700-800/5-29700-900/2-31500
Eligible Criteria:

  1. Nationality/ Citizenship:A candidate must be
    • a citizen of India or
    • a subject of Nepal or
    • a subject of Bhutan or
    • a Tibetan refugee who came over to India before January 1, 1962 or
    • a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African Countries of Kenya, Uganda, the United Republic of Tanzania ( Formerly Tanganyika and Zanzibar ), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.
  2. Age Limitations: 21-34 years
  3. Educational Qualification:
    • A Post Graduation Degree in Finance/ Mathematics/ Statistics/ Commerce from a university/ Institution/ Board recognized by Govt. Of India or
    • MBA/ PG DBM in Finance from university/ Board recognized by Govt. Of India and
    • Literacy in Computer Operations and word processing/ Computer Skills.
  4. Experience:
    Minimum 3 years experience as a Treasury Front Office-Domestic/ Forex Desk Of scheduled Commercial Bank.
    Candidate should be currently working as Trader/ Dealer.


Selection Process:

GD and/ or Personal Interview.


Equity Research Analyst (General Segment)

Post Code: 03
Scale Grade: III
No. Of Vacancies: 01
Pay Scale: 25700-800/5-29700-900/2-31500
Eligible Criteria:

    1. Nationality/ Citizenship:A candidate must be
      • a citizen of India or
      • a subject of Nepal or
      • a subject of Bhutan or
      • a Tibetan refugee who came over to India before January 1, 1962 or
      • a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African Countries of Kenya, Uganda, the United Republic of Tanzania ( Formerly Tanganyika and Zanzibar ), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.
    2. Age Limitations: 25-43 years
    3. Educational Qualification:
      • MA in Economics or MBA in Finance from university/ Board recognized by Govt. Of India.

      Applicants having Ph.D in Economics from a recognized university/ Board recognized Govt. of India will be given preference.

    4. Experience:
      Minimum of 2 years experience in Market Research activities in a Scheduled commercial Banks/ Primary Dealers/ Asset Management companies in the fields of fixed income/ equity/ Foreign exchange.

Selection Process:

GD and/ or Personal Interview.

Procedure Of Online Application

    • http://ibps.sifyitest.com/ubisept14/open this website to apply for desired position.
    • Already registered candidates login with username and password new users click on new user button and fill the basic details in the application form.
    • Upload the basic details, photograph and signature as per the instructions mentioned in the website.
    • Pay the fee through online and take the print out of the e-receipt.
    • Once registration is done successfully, a password is generated note down that for future proceedings.
    • Take the print out of online application form generated.