Union Bank of India Invites Application for Head Recruitment 2021

Vacancy Circular No:

Union Bank of India
invites applications for recruitment of Head

Head

Number of Vacancy: 3 Posts

Educational Qualification: Any Graduate, B.Sc, B.Tech/B.E, M.Sc, MBA/PGDM, PG Diploma

Recruitment Of Senior Executive/ Domain Experts In Union Bank Of India On Contract Basis

1. Position Name: Head

2. Total Vacancy: 03

i. Head - Analytics: 01

ii. Head - API Management: 01

iii. Head - Digital Lending and Fin Tech: 01

3. Educational Qualification:

i. 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.

ii. 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.

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

5. Experience (As on 29.12.2021):

a. 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.

b. 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.

c. 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

d. 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

e. 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.

6. Skills & Job Description / Key Responsibilities:

a. Develop a short, medium and long-term data and analytics roadmap for the bank for next 10 years. This will include identification of new initiatives for transforming banking operations through data driven decision making for all banking products.

b. Proficient in the workings of data technologies/languages such as R, Python, SAS, Hadoop, Teradata, AWS, Big Data and so forth.

c. Knowledge of Supervised/Unsupervised Algorithms, NLP, Deep Learning, Web Crawling, Neural Networks, and Optimization Techniques etc.

d. Creating API marketplace for the bank and jointly architect the strategy with technology stakeholders.

e. Managing the complete API Lifecycle – Define APIs, generate API documentation, Govern API usage, test and debug execution of APIs, deploy APIs into production, staging and quality assurance

f. Drive key partnerships with lead aggregators / Fin-techs /e-commerce players across products such as unsecured personal loans, salaried overdrafts, purchase finance, small ticket personal loans, credit cards, consumer loans etc. in retail individual lending.

g. Capturing opportunities in the area of embedded finance by fostering collaborations

7. Remuneration:

i. The remuneration will be offered based on candidate’s qualifications, experience and overall suitability for the respective posts based on the negotiations and shall not be a limiting factor for suitable candidate. The compensation will be on CTC basis.

ii. The contract employee will be liable for tax liabilities as per Income Tax Act & Rules in force and the tax will be deducted at source. The amount of compensation being cost to the Bank will be inclusive of any statutory payments that Bank may be required to pay on behalf of the contract appointee.

8. Location Of Posting: 

The location of the posting shall be Mumbai. However, the candidate may be posted to work with the team(s) within the organization/parent organization/any subsidiary of the parent organization if and deemed necessary.