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Union Bank of India: Wealth Manager (MMGS-II) Recruitment 2025

Published on Tuesday, August 05, 2025
Team Bank Exams Today offering you a systematic course for the preparation of Union Bank Of India Wealth Manager (MMGS-III) 2025.

Important Dates

Particulars

Date

Commencement date of on-line application

05.08.2025

Last Date of the online application

25.08.2025

Date of Online Examination

Tentative

Number of Vacancies

Post / s

Minimum Age

Maximum Age (as on 01.08.2025)

Total Vacancies

Local Bank Officer Scale I

25

35

250

Relaxation in Age Limit

SN

Category

Age Relaxation

1

Scheduled Caste/ scheduled Tribe Candidates

By 5 years

2

Other Backward classes (OBC) Candidates (Non-Creamy layer)

By 3 years

3

Persons with Benchmark Disability (PwBD) –

a)       Visually Impairment (VI) - Blindness and Low Vision;

b)      Hearing Impaired (HI) - Deaf and Hard of Hearing;

c)       Orthopedically Challenged (OC) - Locomotor Disability (One Arm - OA, One Leg -OL, Both Legs -BL, One Arm & One Leg -OAL), Cerebral Palsy, Leprosy Cured, Dwarfism, Acid Attack Victims and Muscular Dystrophy;

d)      Intellectual Disability (ID) - Intellectual Disability (Autism Spectrum Disorder, Specific Learning Disability and Mental Illness) & Multiple Disability;

e)      Multiple Disabilities means disability amongst clauses (a) to (d) including deaf-blindness in the posts identified for each disability.

 

By 10 years

4

Ex-Servicemen, Commissioned Officers, including Emergency Commissioned Officers (ECOs/Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (Including those whose assignment is due to be completed within one year from the date of notification) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment.

By 5 years

5

Persons affected by 1984 riots

By 5 years

Note: The relaxation in upper age limit to SC / ST / OBC applicants is allowed on cumulative basis with only one of the remaining categories for which age relaxation is permitted as mentioned above in point D (3) to D (5). However, it is subject to a maximum upper age limit of 50 years. The applicants, who are coming under creamy layer, are not entitled to the benefits of OBC reservation and such applicants shall be categorized under General / Unreserved. 

Qualification (As on 25.08.2025)

Posts

Qualifications

Wealth Manager


Full time 2-year degree/course in MBA/MMS/PGDBA/PGDBM/PGPM/PGDM from a University /Institution/ recognized by Govt. of India/approved by Govt. Regulatory bodies The above-mentioned course/s i.e. MBA/MMS/PGDBA/PGDBM/PGPM/PGDM must be of full time 2 years degree.

Desirable Certifications:  Certification in NISM / IRDAI / NCFM / AMFI 

Experience (As on 25.08.2025)

Posts

Experience

Wealth Manager

Minimum 3 Years Post-qualification experience as Officer / Managerial role in Wealth Management with Public Banks / Private Banks / Foreign Banks / Broking Firms / Securities Firms / Asset Management Companies.

Probation Period

Scale

Probation Period

Scale II

2 years

Service Indemnity Bond

The selected candidates will be required to execute a Service Indemnity Bond undertaking to serve the Bank for a minimum period of 3 years or to pay the Bank a sum of Rs.2,50,000.00 (Rs. Two Lakh Fifty Thousand Only) plus applicable taxes (if any) as per Government rules in case he / she leaves the Bank before completion of 3 years of active service. 

Selection Procedure

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.

Online Examination (Exam pattern)

SN

Name of the Tests

No. of Questions

Maximum Marks

Duration

Part I

Quantitative Aptitude

25

25

75 Mins.

Reasoning

25

25

English Language

25

25

Part II

Professional knowledge relevant to the post

75

150

75 Mins.

Total

150

225

150 Minutes

Notes: 
  • The above tests except the test of English language will be available bilingually i.e. English and Hindi. 
Penalty for Wrong Answers: 
  • There will be a penalty for wrong answers marked in the online examination. For each question for which a wrong answer has been given by the candidate, one fourth or 25% of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the applicant; there will be no penal mark for that question. 
Group Discussion (GD): 
  • Maximum marks for Group Discussion will be 50 and minimum qualifying marks will be 25 for General/EWS and 22.5 for reserved categories (SC/ST/OBC/PwBD). Mere participation in Group Discussion shall not vest any right in a candidate for being called for Personal Interview. 
Personal Interview (PI) 
  • Max marks – 50
  • Qualifying Marks:
  • General/EWS: 25
  • SC/ST/OBC/PwBD: 22.5
  • Merit List: Based on online exam marks in descending order by category.
  • Shortlisting: Only candidates above cutoff and high in merit are called for GD/Interview—mere qualifying isn't enough.
  • Tie-breaker: If marks are equal, older candidate (by DOB) gets preference.
Note: 
  • The applicant shall be required to qualify in each Test of the Online Examination subject to minimum qualifying marks in the aggregate of 225 marks for all the posts which will be fixed by the Bank at its discretion. The applicant shall also be required to qualify separately in the Personal Interview/Group Discussion conducted by the Bank. 
  • Generally, depending on the number of vacancies, only those applicants who have secured the minimum category-wise and test-wise cut-off marks to be decided for Online Examination / Group Discussion and rank sufficiently high in the order of merit based on the total marks scored in the Online Examination / Group Discussion shall be called for Personal Interview. The candidates called for the interview will be in the ratio of 1:3 as against the number of vacancies. However, Bank may modify the said ratio at its own discretion. 

Syllabus

Quantitative Aptitude

  • Data Interpretation
  • Data Sufficiency
  • Number Series
  • Time and Work
  • Time and Distance
  • Approximation
  • Simple and Compound Interest
  • Ratio and Proportion
  • Averages
  • Mixture and Allegation
  • Pipes and Cisterns
  • Problems based on trains
  • Percentages
  • Partnership
  • Profit, Loss and Discount
  • Elements of Algebra
  • Quadratic Equations

Reasoning Ability

  • Coding & Decoding
  • Syllogism
  • Machine Input Output
  • Puzzles
  • Seating Arrangements
  • Direction Sense Test
  • Blood Relations
  • Problems based on Ages
  • Ranking and Order
  • Data Sufficiency
  • Statement and Conclusions
  • Statement and Assumptions
  • Statement and Arguments

English Language

  • Reading Comprehensions
  • Para Jumbles
  • Vocabulary
  • Error Spotting
  • Cloze test

Union Bank of India Wealth Manager SO Scale II Course by Team BankExamsToday

Team BankExamsToday is offering is a full-fledged, comprehensive and systematic course for the preparation of Union Bank of India Wealth Manager SO Scale II exams.

Course features

  • Daily video classes
  • Study Material
  • Live sessions
  • Unit tests
  • Special attention to Professional knowledge section from Day 1
  • 5 full-length mock tests 
  • Interview preparation guide
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Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

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