Public Sector Banks- Union Bank of India Recruitment 2021 2022– Union Bank of India invites Online applications for recruitment of 06 Senior Executive/Domain Experts Posts. Apply before 29 December 2021.

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Union Bank of India

Name of the Post & No of Vacancies:

Union Bank of India Invites Applications for the Following Posts

SI No Name of Posts No. of Posts
1. Chief Risk officer 01
2. Chief Digital Officer 01
3. Head – Analytics 01
4. Chief Economic Advisor 01
5. Head – API Management 01
6. Head – Digital Lending and Fin Tech 01
Total 06

Educational Qualification:  

1. Chief Risk officer 

Educational Qualification:

1. Mandatory educational qualification: Graduate Degree with:

i. Professional certification in Financial Risk Management from Global Association of Risk professionals, OR

ii. Professional Risk Management Certification from PRMIA Institute,


iii. Two years’ experience as CRO in such regulated lender(s) in respect of which there is regulatory requirement of appointing CRO with Board approval. 2. Desirable additional Qualification:

i. Holder of Chartered Financial Analyst awarded by CFA Institute,


ii. Designated Chartered Accountant by the Institute of Chartered Accountant of India or equivalent abroad, OR iii. Designated as a Cost and Management Accountant by the Institute of Cost Accountant of India or equivalent abroad.

Experience (As on 29.12.2021):

1. Mandatory experience: Five years’ experience in corporate Credit and risk management at the level of Assistant General Manager or above in one or more PSBs, or having similar role and responsibilities in one or more regulated lending entity (in the opinion of the CRO-recruiting PSB and its CRO Selection Committee), with minimum experience of one year in corporate credit and one year in risk management.

2. Desirable additional Experience: Good understanding of market risk and / or liquidity management and /or operational risk, with exposure to analytics being an added desirable experience.

2. Chief Digital Officer –

Educational Qualification: Master’s in Technology or business administration (MBA) with Bachelor’s degree in Computer Science or Engineer.

Experience (As on 29.12.2021):

– Previous experience in leading and managing large teams (around 40- 50 members)

– 4+ years of experience leading Delivery Management of Business Applications, Project Management & Program management in banking industry

– Min 3+ years’ experience of working in digital customer journeys and digital business Model.

– All rounded experience in driving large digital transformation programs for preferably the financial/banking sector.

– Exceptional leadership capabilities and team building skills for digital success of the business.

– Strong communication skills

3. Head – Analytics –

Educational Qualification:

 Bachelor degree in Computer Science/ Engineering, Statistics or related quantitative degree preferably from IIT, NIT and other reputed institutions

– Master degree in Data Science, Computer Science, Information Technology, Information Systems and Statistics.

– Certifications in Data Science/Analytics/ Big Data will be an added advantage.

Experience (As on 29.12.2021):

 Total experience of 10+ years in technology leadership roles preferably in BFSI.

– At least 5+ years of experience and a proven track record of spearheading large-scale data and analytics transformation projects, including setting up and operationalization of a Data warehouse / Business Intelligence (DW/BI) platform, implementation of fraud analytics use cases etc.

– Experience of setting up, managing and leading an in-house technology team of analytics experts, data scientists, data integration experts etc.

– Ability and desire to work in a proactive, highly engaging environment.

4. Chief Economic Advisor –

Educational Qualification:

 Masters Economics with specialization in Monetary /Financial Economics or

– Econometrics from a recognized Indian/Foreign University/Institute.

– Doctorate Degree in areas of Money/Banking/ International Finance from a recognized university will be an added qualification.

Experience (As on 29.12.2021):

– Minimum 12 years work experience as an Economist in a commercial Bank/Financial Institution or other reputed Corporate Organization or Teaching experience as Lecturer/Professor in Economics in a college/University or combined experience as an Economist and in teaching.

– Should possess excellent communication skills supported by participation in various economic forums.

– Contribution to leading publications will be an added advantage.

5. Head – API Management –

Educational Qualification: B. Tech. / B.E.(Computer Science / IT) from a University recognized by the Govt. of India/Govt. bodies, AICTE etc.

Experience (As on 29.12.2021):

 Knowledge in API design and implementation and system integration using APIs

– Experience in working on the cloud (iPaas / Saas)

– 2 to 5 years of project management and technical architecture experience

– Working knowledge in implementing REST API, SOAP APIs, Plans, and Security Policies

– 2 to 4 years of know-how in implementing security and identity protocols such as OpenID, TLS, OAuth, SAML, SSO, PKI (encryption and key management), REST

6. Head – Digital Lending and Fin Tech –

Educational Qualification:

 A Degree (Graduation) in any discipline from a University recognized by the Govt. of India/Govt. bodies AICTE etc.

– Preference shall be given to the candidates who possess MBA/Post graduate diploma or degree in B.E./B.Tech /Management or its equivalent.

Experience (As on 29.12.2021): Minimum 5 years of experience in BFSI (Banking, Financial Services & Insurance) sector with 2 years of experience at senior /Head level position in relevant field.

Age Limit: (As on 01.12.2021)

1. Chief Risk officer – Min – 35 to Max – 55 Years
2. Chief Digital Officer – Min – 35 to Max – 50 Years
3. Head – Analytics – Min – 35 to Max – 50 Years
4. Chief Economic Advisor – Min – 35 to Max – 50 Years
5. Head – API Management – Min – 35 to Max – 50 Years
6. Head – Digital Lending and Fin Tech – Min – 35 to Max – 50 Years

 The Upper age limit is relaxed by 5 years for SC/ST; 3 years for OBC, 10 Years for Persons with Disabilities (15 years for SC/ST PWD’s & 13 years for OBC PWD’s) and for Ex-S as per Govt. of India rules. Candidates Relaxation in Upper Age limit will be provided as per Govt. Rules. Go through Union Bank of India official Notification 2022 for more reference

Selection Process:

Union Bank of India may follow the following process to select the candidates.

1. Short Listing
2. Interview

Application Fee/Exam Fee:  Non-Refundable Application Fee Rs. 1000.00 (inclusive of GST). The fee is to be deposited with the Bank through online mode on or before the last date for payment of fee.

How to apply:  

Candidate(s) fulfilling all the above clearly laid down criteria will have to apply online only through the link on the Union Bank of India website in the careers webpage under current openings section i.e. from 08.12.2021 to 29.12.2021. No other mode of application will be accepted.


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