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Bank of India Recruitment 2022 for 696 Officer

Vacancy Circular No:

Bank of India (BoI)
invites applications for recruitment of Officer

Officer

Job Location:

Star House
C 5 "G" Block Bandra Kurla Complex Bandra (East)
, Mumbai, 400051 Maharashtra
Last Date: 10 May 2022
Employment Type: Full Time

Number of Vacancy: 696 Posts

Bank of India Job Notification 2022 For 696 Post - 89890 Salary- Check Vacancy Details
Bank of India Job Notification 2022 For 696 Post - 89890 Salary- Check Vacancy Details Recruitment 2022 Details
Job Role Officer
Education Requirement B.Sc, CA, CS, ICWA, M.A, M.Sc, MCA, PG Diploma, PGDBM, PGDBA
Total Vacancy 696 Posts
Job Locations Mumbai
Age Limit 20 - 38 Years
Experience 0 - 10 years
Salary 36000 - 89890(Per Month)
Posted on 20 Apr, 2022
Last Date To Apply 10 May, 2022

Educational Qualification: B.Sc, B.Tech/B.E, CA, CS, ICWA, M.A, M.Sc, MBA/PGDM, MCA, PG Diploma, PGDBM, PGDBA

Recruitment of Officers in various streams upto Scale IV on regular and contract basis - Project No. 2021-22/3

1. Position: Officer

2. No of Post: 696

3. Qualification: 

a) Economist (On Regular basis) - Post Graduation degree in Economics / Econometrics (from a University/ Institution/ Board recognized by Govt. of India/ approved by Govt. regulatory Bodies) i) Candidates with specialisation in Financial Economics / Behavioural Economics will be preferred. ii) Candidates from premier Institutes / Universities such as Delhi School of Economics, Madras School of Economics, JNU, Jamia Millia Islamia University, IGIDR etc., OR from institutes of national importance as published by MHRD,Govt. of India will be preferred.

b) Statistician (On Regular basis) - Full time Master’s / Post Graduate Degree in Statistics / Applied Statistics (from a University/ Institution/ Board recognized by Govt. of India/ approved by Govt. regulatory Bodies) Candidates from premier statistical Institutes / Universities will be preferred.

c) Risk Manager (On Regular basis) - Certification in Financial Risk Management from Global Association of Risk(GARP) OR Professional Risk Management Certification from PRIMA Institute OR Holder of Chartered Financial Analyst(CFA) fromCFA Institute OR CA / ICWA OR Certified Information Systems Auditor (CISA) Certificate/ Diploma of Information Systems Auditor (DISA) from ICIA/ISACA

d) Credit Analyst (On Regular basis) - Two years Full time MBA in Finance /PGDM in Finance / CA / ICWA Candidates from Institutes of national importance will be preferred.

e) Manager IT (On Contract basis) - Bsc Computer Science/B.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication from recognised University/ OR MCA/ MBA (Business Analytics)/ PG (Statistics)/ Msc Computer Science #. (# Institute should be recognised/ approved by Government bodies/ AICTE)

f) Senior Manager (On contract basis) - B.Sc Computer Science/ B.E./ B.Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication from recognised University/ OR MCA/ MBA (Business Analytics)/ PG (Statistics)/ Msc Computer Science #. (# Institute should be recognised/ approved by Government bodies/ AICTE)

g) Manager-IT (Data Centre) (On Contract basis) - First Division (minimum 60% marks) in BE/ B.Tech in CSE/IT/ E&C Or MCA/M.Sc(IT) from recognized University/ Institute. Desired Certification: Any one of the certifications mentioned below: JAVA developer certification (OCAJP/OCPJP/OC EW CD)

h) Senior ManagerIT (Data Centre) (On Contract basis) - First Division (minimum 60% marks) in BE/B.Tech in CSE/IT/E&C Or MCA/M.Sc(IT) from recognized University/ Institute. Desired Certification: Any one of the certifications mentioned below: JAVA developer certification (OCAJP/OCPJP/OCE WCD)

i) Sr. Manager (Network Routing & Switching Specialist) (On Contract basis) - First Division (minimum 60% marks) in BE/Tech in CSE/E&C OR MCA from recognized University/ Institute.

j) Manager (End Point Security) (On Contract basis) - First Division (Minimum 60% marks) in BE/B.Tech in CSE/E&C OR MCA from recognized University/ Institute.

k) Manager (Technology Architect) (On Contract basis) - B.E./ B.Tech./ MCA (from a recognized University/ Institution) CS/IT Engineering Graduate/ Post Graduate shall be preferred. MBA as an additional qualification is preferred. TOGAF certification preferred

l) Manager (Application Architect) (On Contract basis) - B.E./ B.Tech./ MCA (from a recognized University/ Institution) CS/IT Engineering Graduate/ Post Graduate shall be preferred. MBA as an additional qualification is preferred. TOGAF /Other EA certification preferred

4. Work Experience: 

a) Economist (On Regular basis) - 4 years of experience as an Officer in Financial Institutions / Banks / Rating Agencies / Analytics Firm /Reputed Brokerage Agencies / Corporate Organisations like CRISIL, CIBIL, ICRA etc., out of which 3 years experience in forecasting / analysing business indicators/ environmental scanning / building up of data bank /econometric models and industrial profiles.

b) Statistician (On Regular basis) - 

i) 4 years of experience as an Officer in Financial Institutions / Banks / Rating Agencies / Analytics Firm / Reputed Brokerage Agencies / Corporate Organisations like CRISIL, CIBIL, ICRA etc., out of which 3 years experience in the relevant field.

ii) Candidates having adequate experience in handling large volume of data, application of statistical techniquesand tools, drawing inference from the behaviour of data, forecasting, modelling, calibration, and validation, submission of various reports to Top Management basedon the analysis etc., knowledge of various statistical packages such as SAS/ SPSS/ MATLAB, etc. is preferable.

c) Risk Manager (On Regular basis) - 3 years of experience as an Officer in Financial Institutions /Banks / Rating Agencies / Analytics Firm / Reputed Brokerage Agencies / Corporate Organisations like CRISIL, CIBIL, ICRA etc., out of which 2 years experience in risk functions.

d) Credit Analyst (On Regular basis) - 10 years of experience as an Officer in NBFC / Financial Institution having business mix of 1000 crores & above as on31.03.2021 out of which 5 years experience in credit processing/credit appraisal / assessment / credit rating /balance sheet analysis / credit monitoring.

e) Credit Officers (On Regular basis) - NIL

f) Manager IT (On Contract basis) - Minimum 7 years of experience. Preference will be given to candidates with experience in Financial sector/ Bank/ NBFC/ Insurance/ Investment firms.

g) Senior Manager (On contract basis) - Minimum 8 years of experience. Preference will be given to candidates with experience in Financial sector/ Bank/ NBFC/ Insurance/ Investment firms.

h) Manager-IT (Data Centre) (On Contract basis) - Minimum 7 Years' of hands-on experience in Application development (coding, testing and maintenance of application/software) with at least 2 year experience in handling digital channels (Internet Banking/Mobile Banking/UPI) for any reputed organization preferably Banking or IT Sector or FinTech company.

i) Senior ManagerIT (Data Centre) (On Contract basis) - Minimum 8 Years' of hands-on experience in Application development (coding, testing and maintenance of application/software) with at least 3 year experience in handling digital channels (Internet Banking/Mobile Banking/UPI) for any reputed organization preferably Banking or IT Sector or FinTech company.

j) Sr. Manager (Network Security) (On Contract basis) - Minimum 8 Years' of hands-on experience in managing network of any reputed organization (Preferably Banking or IT Sector) with at least 3 years : a. as a Level-3 resource in an organization in the business of providing Network Services, OR b. as TAC resource in an OEM (in the field of network security devices such as firewall, IPS etc.) OR c. Experience in managing network security for any organization in BFSI sector.

k) Sr. Manager (Network Routing & Switching Specialist) (On Contract basis) - Minimum 8 Years' of hands-on experience in managing network of any reputed organization (Preferably Banking or IT Sector) with at least 3 years a. as a Level-3 resource in an organization in the business of providing Network Services, OR b. As TAC resource in an OEM (in the field of network security devices such as Routers/Switches) OR c. Experience in managing network for any organization in BFSI sector.

l) Manager (Data Centre)- Cloud Virtualization (On contract basis) - Minimum 7 Years' of hands-on experience in managing dense virtualization environment in any reputed organisation (Preferably Banking or IT Sector) with at least 3 years a. Level-3 resource in an organisation in the business of providing System AdministrationVmware-Vcenter, OR b. As TAC resource in an OEM (in the field of Vmware,Vcenter)

5. Scale of Pay: 

a) Junior Management Grade Scale – I (JMGS I) 36000-1490/7-46430-1740/2-49910-1990/7-63840

b) Middle Management Grade Scale –II(MMGS II) 48170-1740/1- 49910-1990/10-69810

c) Middle Management Grade Scale –III(MMGS III) 63840-1990/5- 73790-2220/2-78230

d) Senior Management Grade Scale –IV(SMGS IV) 76010-2220/4- 84890-2500/2-89890

6. Emoluments for contractual positions (in Rs.)

a) MMGS-II A consolidated pay of Rs.1,75,000/- per month shall be paid to the incumbent, subject to deduction of taxes as applicable

b) MMGS-III A consolidated pay of Rs.2,18,000/- per month shall be paid to the incumbent, subject to deduction of taxes as applicable.

Pay Scale:
INR
36000 - 89890(Per Month)

Age Limit: 20 - 38 Years

Selection Procedure

Selection will be through online test and/or GD and/or personal interview, depending on the number of applicants/eligible candidates.

I. ONLINE EXAMINATION : The structure of online examination. Bank reserves the right to modify the structure of the examination which will be intimated through its authorised website. Other detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the call letters from the authorised website www.bankofindia.co.in

1. The above tests except the Test of English Language will be available bilingually, i.e. English and Hindi. The test of English Language will be of qualifying nature i.e. Marks obtained in English Language will not be added while preparing merit List.'

2. Qualifying marks stipulated above are for General/EWS Category candidates. Candidates belonging to the Category SC/ST/OBC/PWD, filling in vacancies reserved for the relevant category, will be entitled to a relaxation of 5% marks in relation to that stipulated for General/EWS category candidates

II. INTERVIEW : Merit list of the candidates based on the marks obtained by them in online examination (marks obtained in General Awareness with special reference to Banking Industry and Professional Knowledge paper) will be prepared in descending order for the respective categories i.e. SC/ST/OBC/EWS/GEN.

1. Candidates securing the minimum qualifying marks stipulated for Online Tests and ranking sufficiently high in the order of merit shall be called for Personal interview and/or GD. Mere passing in the Online Test shall not vest any right to a candidate for being called for Personal Interview/GD. In case of equal marks by two or more candidates, the merit order of such group of candidates will be on the basis of Date of Birth i.e. Candidate senior in age will be placed higher in the merit List.

2. The Bank may conduct the selection process only on the basis of Interview/GD without holding online test. Accordingly, if online examination is not conducted, adequate number of candidates as decided by the Bank will be shortlisted for the interview based on their qualification, experience, and overall suitability for the post.

3. The total marks allotted for Interview are 100. The minimum qualifying marks for the General/EWS category candidates will be 40% and for SC/ST/OBC/PWD is 35%. The candidates called for the interview will be at the ratio of 3:1 to the number of vacancies. However, Bank may increase the said ratio at its discretion.

III. If Online Examination and Interview is conducted Selection will be through online test and/or personal interview/GD, depending on the number of applicants/eligible candidates. In case online test is conducted, the weightage (ratio) of Online Examination and interview will be 80:20.

1. The combined final scores of candidates shall be arrived at on the basis of total scores obtained by the candidates in Online Examination (marks obtained in General Awareness with special reference to Banking Industry and Professional Knowledge paper) and Interview. A candidate should be found suitable both in the Online Examination and interview to be eligible for final selection.

2. Merit list of the candidates based on the marks obtained by them in Online Examination and Personal Interview will be prepared in descending order for the respective categories i.e. SC/ST/OBC/EWS/GEN. The final selection will be made on the basis of this merit list upto the number of vacancies.

IV. 1. If both Group Discussion and Interview is conducted : Maximum Marks for Group Discussion will be 30 and minimum qualifying marks will be 40% for General and 35% for SC/ST/OBC category (out of 30 marks). Only those candidates who have secured minimum qualifying marks in Group Discussion shall be called for Personal Interview. Mere participation in Group Discussion shall not vest any right in a candidate for being called for Personal Interview.

2. Group Discussion will be of qualifying nature only i.e. Marks obtained in Group Discussions will not be added while preparing merit List. In case of equal marks obtained by two or more candidates, the merit order of such group of candidates will be on the basis of marks obtained in Online examination i.e. candidate securing higher marks in Online exam will be placed higher in the merit list. If the marks obtained in the online exam is also equal or online examination is not conducted, the merit order will be on the basis of Date of Birth i.e. Candidate senior in age will be placed higher in the merit List.

How to Apply:

1. Important Date : 

a) Submission of on – line application commencing from 26.04.2022

b) Last date for submission of on – line application 10.05.2022

c) Relevant date for Age and Qualification 01.12.2021

d) Tentative Date of Online Examination Will be advised separately

2. Candidates are required to go to the Bank’s website www.bankofindia.co.in and click on the ‘CAREER’ and then click on the link “Recruitment of Officers in various streams upto Scale IV- Project No. 2021-22/3 Notice dated 01.12.2021”. This will open a new window. In this window click on “APPLY ONLINE”

(i) Option “APPLY ONLINE” which will open a new screen.

(ii) To register application, choose the tab “Click here for New Registration” and enter Name, Contact details and Email-id. A Provisional Registration Number and Password will be generated by the system and displayed on the screen. Candidate should note down the Provisional Registration Number and Password. An Email & SMS indicating the Provisional Registration number and Password will also be sent.

(iii) In case the candidate is unable to complete the application form in one go, he / she can save the data already entered by choosing “SAVE AND NEXT” tab. Prior to submission of the online application candidates are advised to use the “SAVE AND NEXT” facility to verify the details in the online application form and modify the same if required. Visually Impaired candidates should fill the application form carefully and verify/ get the details verified to ensure that the same are correct prior to final submission.

(iv) Candidates are advised to carefully fill and verify the details filled in the online application themselves as no change will be possible/ entertained after clicking the FINAL SUBMIT BUTTON.

(v) The Name of the candidate or his /her Father/ Husband etc. should be spelt correctly in the application as it appears in the Certificates/ Mark sheets. Any change/alteration found may disqualify the candidature.

(vi) Validate your details and Save your application by clicking the ‘Validate your details’ and ‘Save & Next’ button.

(vii) Candidates can proceed to upload Photo & Signature as per the specifications given in the Guidelines for Scanning and Upload of Photograph and Signature detailed under point “C”.

(viii) Candidates can proceed to fill other details of the Application Form. (ix) Click on the Preview Tab to preview and verify the entire application form before FINAL SUBMIT.

(x) Modify details, if required, and click on ‘FINAL SUBMIT’ ONLY after verifying and ensuring that the photograph, signature uploaded and other details filled by you are correct.

(xi) Click on ‘Payment’ Tab and proceed for payment.


Important Dates:

Published on: 20 April 2022

Last date for application is: 10 May 2022

For more details, please refer to official notification at

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About Bank of India Recruitment

About Bank of India

Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks.

Beginning with one office in Mumbai, with a paid-up capital of Rs.50 lakh and 50 employees, the Bank has made a rapid growth over the years and blossomed into a mighty institution with a strong national presence and sizable international operations. In business volume, the Bank occupies a premier position among the nationalised banks.

The Bank has over 5000 branches in India spread over all states/ union territories including specialized branches. These branches are controlled through 59 Zonal Offices and 10 NBG Offices. There are 45 branches/ offices abroad which includes 23 own branches, 1 representative office and 4 Subsidaries(20 branches) and 1 joint venture.

The Bank came out with its maiden public issue in 1997 and follow on Qualified Institutions Placement in February 2008.

While firmly adhering to a policy of prudence and caution, the Bank has been in the forefront of introducing various innovative services and systems. Business has been conducted with the successful blend of traditional values and ethics and the most modern infrastructure. The Bank has been the first among the nationalised banks to establish a fully computerised branch and ATM facility at the Mahalaxmi Branch at Mumbai way back in 1989. The Bank is also a Founder Member of SWIFT in India. It pioneered the introduction of the Health Code System in 1982, for evaluating/ rating its credit portfolio.

Presently Bank has overseas presence in 18 foreign countries spread over 5 continents – with 45 offices including 4 Subsidiaries, 1 Representative Office and 1 Joint Venture, at key banking and financial centres viz., Tokyo, Singapore, Hong Kong, London, Paris, New York and DIFC Dubai.

Official Address:
Bank Of India Star House C - 5, "G" Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051. Mumbai, Maharashtra 400051
Phone: 022-66684444
Fax:

Bank of India was founded in 1906 in Mumbai as a private bank. In 1969, it was nationalized along with 13 other banks in India. Bank of India has its headquarters at Mumbai. Bank of India now has over 4000 branches. Bank of India was the first Indian Bank to open a branch outside the country, at London, in 1946, and also the first to open a branch in Europe, Paris in 1974.

Bank of India recruitment is conducted from time to time and is open for various posts. Youngsters can also apply based upon requirements and vacancies.

Similar Searches: Bank , IBPS

Frequently Asked Questions (FAQs)

How many vacancies are there?

There are 696 vacancies in total. Officer: 696 Posts,

What is the Pay Scale for Officer?

The Payscale is as follows Officer: INR 36000 - 89890(Per Month),

When can I can apply for Officer job at Bank of India

You can go through the offical document provided, and follow the instructions to apply online. Always follow the dates mentioned in the official PDF.

Where will I be placed if selected?

The selected candidate will be placed in Star House C 5 "G" Block Bandra Kurla Complex Bandra (East), Mumbai

What is Bank of India Officer: 696 Posts, Application Last Date

The last date to apply for Bank of India Officer: 696 Posts, is 10th May, 2022

How can I apply for this job?

Complete information regarding this job is given on this page. Link to official document is also provided. The candidates are adivsed to go through it thorouly before Apply Online. If the job interests you and you are eligible for Officer, then click on the apply online link given below. You can apply online. Remember the last date to apply for this job is 10th May, 2022