Bank of India (BOI)
(A Public Sector Undertaking)
BANK OF INDIA, a leading Public Sector Bank having Head Office in Mumbai, invites applications for recruitment of Specialist & General Banking & Officers in various cadre/scales as below:
- Deputy General Manager - Economist : 01 post (Scale-IV)
- Assistant General Manager - Marketing : 01 post (Scale-V)
- Assistant General Manager - Cash Management : 01 post (Scale-V)
- Finance Executive : 03 posts (Scale-III)
- Statistician : 01 post (Scale-II)
- Chartered Accountants : 167 posts (Scale-II)
- System Auditor : 05 posts (Scale-II)
- Finance Executive : 13 posts (Scale-II)
- Security Advisor : 01 post
- General Banking Officers : 86 posts (Scale-IV)
- General Banking Officers : 24 posts (Scale-V)
Pay Scales :
- MMG Scale II : Rs.19400-28100
- MMG Scale III : Rs.25700-31500
- SMG Scale IV : Rs.30600-36200
- SMG Scale V : Rs.36200-40400
- TEG Scale VI : Rs.42000-46800
Application Fee :- The application fees Rs.500/- (No fee for SC/ ST/ PWD/ Ex-SM candidates) to be paid in any Bank of India branch with the help of payment challan only. Please take Transaction no. after payment.
How to Apply -: Apply Online at Bank of India website from
26/12/2011 to 16/01/2012. Eligible candidates are advised to apply 'ONLINE' at the Bank of India Website only. Please keep the printout of the submitted application form to be shown at the time of interview.
Important Dates:
- Date for Online Registration : 26/12/2011 to 16/01/2012
- Tentative date of Written Exam : 19/02/2012
Educational Qualification:-
| Post Code No. 01 – DEPUTY GENERAL MANAGER - ECONOMIST (Scale VI)
|
| Vacancies | : | 1 |
| Qualification | : | Ph. D in Economics from a recognized University preferably with Econometric as one of the subjects at Graduation or Post Graduation level |
| Experience | : | Minimum 10 years of service out of which minimum 7 years experience in economic research as Economist / Chief Economist in a Bank / Financial Institution / Government organization / reputed organization in a private sector.
The candidate should have experience in forecasting, analyzing business indicators, environmental scanning, building up of data bank, econometric models and industrial profiles. The period spent in research for meeting the requirement of course / degree programme / higher studies, if any shall not be reckoned for the aforesaid experience. |
| Job Profile | : | a) Spokesperson of the Bank in matters related to the economic and financial parameters and trends; b) Rendering advice and assisting the Top Management in the matters of policy formulation, corporate business plans and drawing effective business strategies; c) Presentation of the state of the economy to the Board / Management Committee; d) Preparing Bank’s economic publications; e) Preparing and evaluating statistical information on Bank’s key performance / Financial indicators, periodically by using data on Bank’s MIS; f) Identifying research issues of importance for the Bank in consultation with the Top Management. Also undertake the research work and share the findings with the Top Management for effective business decisions in the Bank; g) Periodical interaction with other Economists. |
| Experience | : | Minimum of 5 years’ experience as an Officer / Executive in Bank / Reputed Financial Institution in area of Project Appraisal/ Financing and/or Syndication of loans.
|
| Post Code No.: 05 STATISTICIAN ( Scale II) |
| Vacancies | : | 1 |
| Qualification | : | Master’s Degree in Statistics with minimum 60% marks in aggregate as full time regular student from a UGC recognised University/ other reputed institutions such as Indian Statistical Institute, Kolkata. |
| Experience | : | 3 Years experience as Statistician in officer’s cadre / Statistical Officer in a Financial Institution or Bank or Government Organisation or Private Sector. The candidate should have adequate experience in handling large volume of data, application of statistical techniques and tools, drawing inference from the behaviour of data, forecasting, modeling, calibration, and validation etc. Knowledge of various statistical packages such as SAS/ SPSS/ MATLAB, etc. is essential. Experience in the area of risk management in the Banking and Financial Institutions, Analysis of banks portfolio and submission of various reports to Top Management based on the analysis will be an added advantage. |
| Post Code No. 06 CHARTERED ACCOUNTANTS (Scale II)
|
| Vacancies | : | 167 |
| Qualification | : | Candidates who have completed / passed final examination of Chartered Accountants. |
| Post Code No.: 07 SYSTEM AUDITOR ( Scale II )
|
| Vacancies | : | 5 |
| Qualification | : | (1) Engineering Graduate in Information Technology / Computer Engineering / Electronics from a UGC recognized University as a full time student and with CISA (Certified Information System Auditor) qualification OR (2) Post Graduate degree in Computer Applications/ Computer Science / Information Technology - from a UGC recognized University or Institute recognized by AICTE and with CISA (Certified Information System Auditor) qualification. |
| Experience | : | Minimum 3 Years experience as System Auditor in the area of Data Centre Audit, Network Security Audit, Information Systems Audit etc and conversant with IT Act 2008, relevant circulars from regulators, Operating Systems like Oracle, Unix, Windows. |
| Post Code No. 08: FINANCE EXECUTIVES (Scale II ): |
| Vacancies | : | 13
|
| Qualification | : | MBA/PGDBM (Finance) from a recognized university / AICTE approved Institution. Preference will be given to the candidates with additional Professional Qualification such as CA / ICWA. |
| Experience | : | Minimum experience of 3 years in the area of Credit Appraisal of industrial projects in Financial Institutions/Banks |
| Post Code No. 09: SECURITY ADVISOR: (on contract basis)
|
| Vacancies | : | 1 |
| Qualification & : Experience | : | An officer of the rank of a Brigadier or above in the Army / Navy/Air Force or a Police Officer not below the rank of Senior Superintendent of Police or officers of identical rank in the para-military forces with minimum 10 years service. Preference will be given to officers who have worked / served on regular / deputation basis with NSG for a period of minimum 5 years. |
| Pay Package | : | Rs. 10 lacs approx. CTC.
|
| Post Code No. 10 GENERAL BANKING OFFICER (Scale IV)
|
| Vacancies
| : | 86 |
| Educational Qualification | : | Minimum 50% aggregate in Graduation from recognized University/ Institute with CAIIB (both parts).
|
| Experience |
| Minimum 10 years experience in Officers’ cadre in Public Sector Bank/s having Business Mix of more than 2 lac crores as on 31.03.2011 out of which minimum 3 years experience in Scale II or presently working in Scale III. Relaxation in total experience to existing Bank of India employees by 5 years provided he has completed 3 years in Bank of India.
|
| Post Code No. 11 GENERAL BANKING OFFICER (Scale V)
|
|
| Vacancies
| : | 24 |
|
| Educational Qualification | : | Minimum 50% aggregate in Graduation from recognized University/ Institute with CAIIB (both parts). |
|
| Experience |
| Minimum 15 years experience in Officers’ cadre in Public Sector Bank/s having Business Mix of more than 2 lac crores as on 31.03.2011 out of which minimum 3 years experience in Scale III or presently working in Scale IV. Relaxation in total experience to existing Bank of India employees by 3 years provided he has completed 3 years in Bank of India.
|
|
Written Test - Objective :-
(i) Structure of Written test for Specialist Officers -
Written test will be objective type. The objective test will be in two parts, one common test for all categories and second test will be conducted in a subject related to the respective category of specialist officer. Structure of the written test is proposed as given below:
| Sl. No. | Name of the Test | No. of Questions | Medium of Exam. | Max Marks | Min qualifying marks for general candidates | Duration |
| 1. | Common Test a. Test of Reasoning b. Quantitative Aptitude c. General Awareness d. English Language
|
50 50 50 50 |
Eng/ Hindi --do— --do— English |
50 50 50 50
|
20 20 20 20
|
150 min. |
| 2. | Relevant Subject Test: Category-wise separate test | 50 | English or Hindi
| 100 | 40 |
|
| TOTAL (Aggregate) | 250 |
| 300 | 150 |
|
(ii) Structure of Written test for General Banking Officers –
| Sl. No. | Name of the Test | No. of Questions | Medium of Exam. | Max Marks | Min qualifying marks for general candidates | Duration |
| 1. | Common Test (Objective Type) a. Credit b. Foreign Exchange c. Administration & Deposits
|
50 50 50 |
Eng/Hindi --do— --do—
|
100 100 100 |
40 40 40
|
90 min. |
|
| TOTAL (Aggregate) | 150 |
| 300 | 150 |
|
Interview / Group Discussion Marks : Maximum marks for interview will be 100. Minimum
qualifying marks in interview are 50% for General Category and 45% for SC/ST/OBC/ PWD category.
Selection Procedure :
Depending on the number of vacancies (if the Written Test is held), only those candidates who have secured the minimum qualifying marks stipulated for Written Tests (Objective) and rank sufficiently high in the order of merit shall be called for a Personal interview in the ratio of 1:3. – Mere pass in the Written Tests shall not vest any right in a candidate for being called for Personal Interview.
Merit list of the candidates based on the marks obtained by them in Written Test, if held and Personal Interview of 100 Marks will be prepared in descending order on the basis of the aggregate marks obtained, under the respective SC / ST / OBC / GEN Category. The final selection will be made on the basis of this merit list.
Note: In case of similar marks to two or more candidates the merit order of such group of candidates will be as per their aggregate written test marks and further as per their date of birth (i.e. more senior in age will be placed first before less senior in age)
Candidates are requested to read the entire notice carefully.
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