Union Bank of India Recruitment 2011: 450 Credit Officers

Last updated: November 13, 2011 by Sarbjit+

Union Bank of India invites online applications for recruitment to the posts of Credit Officers in MMGS III Scale:

ON-LINE Applications Start:

Sep 12, 2011

ON-LINE Applications End:

Oct 01, 2011

Written Test:

November 13, 2011

Credit Officer:

Posts: 450

Pay Scale:

MMGS III

Age Limit:

21-40 years

Educational Qualification:

Degree of a recognised University or equivalent with 60% marks in the final year of Degree course. (55% for Reserved Category candidates). For candidates who have acquired professional qualifications like C.A /I.C.W.A / C.S after completing std XII and without completing the Graduation, the requirement of minimum qualification of Graduation will be waived. Such candidates however, should have cleared the Inter exam of C.A /I.C.W.A / C.S course in maximum 2 attempts and the final exam in maximum 3 attempts.

AND

A Certificate for having completed a Course in Computer Awareness & Office Automation (In Computer Basics , DOS, Office, Internet & E-Mail) for duration of minimum 60 hours from a reputed Computer Training Institute. This requirement will be waived in case of those Graduates / post Graduates where Computer Awareness or Knowledge was part of their Curriculum at the undergraduate / post graduate level.

Qualifications such as C.A /I.C.W.A / C.S / M.B.A/JAIIB/ CAIIB/Diploma in Banking & Finance (IIBF) or from AFC Institute of Management and Technology (AIMTEC) will be an added advantage.

Work Experience:

The candidate should be in MMGS-II or equivalent i.e. one Scale above the entry level Scale applicable for Officer Cadre. He should possess a minimum of 5 years of working experience as an Officer in a PSU Bank or reputed Private Bank of which at least 3 years as Credit processing Officer and should have sound knowledge of Banking Industry and Financial Markets.

Job Profile:

To perform Credit Analysis (Worthiness) and process Loan proposals.

Inspect the Business Unit as well as the Bonafides of the prospective Borrower as a part of the Credit dispensation process.

Conduct due diligence , compile and submit Credit worthiness reports to the competent authority.

Process new / Renew Credit proposals in a timely manner and put forth comment /recommendations to appropriate authority as per Banks Loan policy guidelines.

Attend to various queries raised by vetting/ recommending authority on Credit .

Ensure compliance of data related to advance proposals and submission of reports to the Regional Office.

Communicate Credit sanction status to the borrower. Obtain/renew security documents and ensure compliance to all stipulated terms and conditions prior to disbursal.

Perform the role of a people manager by setting performance goals of subordinates and monitoring their performance.

Providing developmental guidance and direction as and when required.

 

Application fee:

General/OBC: Rs. 300

Others: Rs. 50

The fee is to be deposited in any Union Bank of India branch in India in cash by with the Application Fee Challan.

How to Apply:

Apply Online at Union Bank of India website. After registration, take two printout of the registration slip and keep it safe with yourself and do not send any copy or form to bank.

Selection Procedure:

Through a Written test (ONLINE / OFFLINE) & / or Group Discussion & / or a Personal interview to be decided by the Competent Authority.

Syllabus of Written Examination:

(A) Objective Test (250 Qs, 250 Marks)

Duration: 165

1. Test of Reasoning (50 Qs, 50 Marks)

2. Test of Quantitative Aptitude (50 Qs, 50 Marks)

3. Test of General Awareness with special reference to Banking Industry (50 Qs, 50 Marks)

4. Test of English Language (50 Qs, 50 Marks, Qualifying Only)

5. Test of Computer Knowledge (50 Qs, 50 Marks)

Minimum Marks: 40% (35% for Reserved Category)

Negative Marks: ¼ OR 0.25 of the marks assigned to a question

Group Discussion:

A Group Discussion, where conducted, shall carry 50 marks and shall be conducted to assess the candidate's presentation skills, leadership qualities, inter-personal qualities, team spirit, etc. The minimum qualifying marks for the Group Discussion would be 50% marks (45% for Reserved Category Candidates).

Personal Interview:

A Personal Interview of 50 marks shall be conducted to assess the candidates’ academic record, power of expression, clarity of thought, qualities of leadership, extracurricular activities, hobbies, general demeanor, behavior, communication skills, suitability for the post, etc. The minimum qualifying marks for the Personal Interview would be 50% marks (45% marks for Reserved Category Candidates). Candidates not clearing the Personal Interview will not be considered for final selection.

 

Download More Details and Apply Online:

http://www.unionbankofindia.co.in/lt_careers.aspx

Category: Jobs and Recruitment
Tags: Bank PO Clerical