Bank of India (BOI) Specialist Officer (PO) Recruitment 2012

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BANK OF INDIA
(A GOVERNMENT OF INDIA UNDERTAKING)
Star House, C-5, “G” Block, Bandra-Kurla Complex, Bandra (East), Mumbai 400 051.

Common Written Examination (CWE) 2011, Common Bank PO Management Trainee Recruitment Entrance Exam

Bank of India
Head office-Star House, Plot C-5, ‘G’ Block, Bandra-Kurla Complex, Bandra (East), Mumbai-400051

Recruitment of Specialist and General Banking and Officers-Project No 2011-12/4

Notice dated 16th December, 2011

Bank of India, a leading Public Sector Bank having Head Office in Mumbai, invites applications for recruitment of Specialist and General Banking and Officers in various cadre/scales as below

IMPORTANT DATES

Challan available from: 26th December, 2011

Submission of on-line application commencing from: 26th December, 2011

Last date of submission of on-line application: 16th January, 2012

Payment of application fees (for other than SC/ST/PwD/Ex-Servicemen): 26th December, 2011 to 16th January, 2012

Tentative date of written test: 19th February, 2012

Relevant date for age/qualification/experience: 30th November, 2011

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Name of the post/vacancies

Specialist officer

Deputy General Management-Economist; Scale-VI; General 01; Total 01; Maximum age 50 years; Minimum age 30 years

Assistant General Manager-Marketing; Scale V; General 01; Total 01; Maximum age 45 years; Minimum age 25 years

Assistant General Manager-Cash Management Services; Scale V; General 01; Total 01; Maximum age 45 years; Minimum age 25 years

Finance Executive; Scale III; SC 01; General 02; Total 03; Maximum age 40 years; Minimum age 25 years

Statistician; Scale II; SC 01; Total 01; Maximum age 28 years; Minimum age 21 years

Chartered Accountant; Scale II; SC 31; ST 14; OBC 51; General 71; Total 167; Maximum age 35 years; Minimum age 21 years

System Auditor; Scale II; ST 01; OBC 02; General 02; Total 05; Maximum age 35 years; Minimum age 21 years

Finance Executive; Scale II; SC 05; ST 01; OBC 05; General 02; Total 13; Maximum age 35 years; Minimum age 25 years

Security Advisor; Scale @; General 01; Total 01; Maximum age 55 years

Total Specialist officers; SC 38; ST 16; OBC 58; General 81; Total 193

General Banking officers

General Banking Officers; Scale IV; SC 13; ST 08; OBC 25; General 40; Total 86; Maximum age 40 years; Minimum age 30 years

General Banking Officers; Scale V; SC 04; ST 01; OBC 06; General 13; Total 86; Maximum age 45 years; Minimum age 35 years

Total General Banking Officers; SC 17; ST 09; OBC 31; General 53; Total 110

@ On Contract basis initially for a period of two years extendable on satisfactory service at Bank’s discretion

Pay Scale

MMG Scale II-Rs 19400-700/1- 20100-800/10-28100

MMG Scale III-Rs 25700-800/5-29700-900/2- 31500

SMG Scale IV-Rs 30600-900/4-34200-1000/2-36200

SMG Scale V-Rs 36200-1000/2-38200-1100/2-40400

TEG Scale VI-Rs 42000-1200/4-46800

For the post of Security Advisor-CTC Rs 10 lac approx

Relaxation in upper age limit: (except the candidates proposed to be engaged on contract basis) SC/ST 5 years; OBC 3 years; PwD 10 years; Ex-servicemen and commissioned officers including Emergency Commissioned Officers (ECOs) / Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within the next one year from the last date for receipt of application) other than by way of dismissal or discharge on account of misconduct or inefficiency or on account of physical disability attributable to military service or on invalidment, by 5 years subject to ceiling as per Government guidelines; all persons who have ordinarily been domiciled in Kashmir Division of Jammu & Kashmir State during 01st January, 1980 to 31st December, 1989, by 5 years

Eligibility criteria

Nationality/citizenship: A candidate must be either (i) a citizen of India or (ii) a subject of Nepal or (iii) subject of Bhutan or (iv) a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India or (v) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India, provided that a candidate belonging to categories (ii), (iii), (iv) & (v) as above shall be a person in whose favour a certificate of eligibility has been issued by the government of India. A candidate in whose case a certificate of eligibility is necessary may be admitted to the examination/interview conducted by the Bank but on final selection the offer of appointment may be given only after the government of India has issued the necessary eligibility certificate to him

Educational qualification

Deputy General Management-Economist (Scale VI)

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: Spokesperson of the Bank in matters related to the economic and financial parameters and trends; Rendering advice and assisting the top management in the matters of policy formulation, corporate business plans and drawing effective business strategies; Presentation of the state of the economy to the Board/Management Committee; Preparing Bank’s economic publications; Preparing and evaluating statistical information on Bank’s key performance/Financial indicators, periodically by using data on Bank’s MIS; 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; Periodical interaction with other Economists

Assistant General Management-Marketing (Scale V)

Qualification: MBA with specialization in Marketing from UGC recognized University/AICTE approved Institution

Experience: Minimum 10 years in Marketing in a reputed govt/Private organisation, preferably in financial products like Insurance, Mutual Funds, Deposits, Government Business, Credit etc out of which at least 3 years should be as Head of Marketing Team

Preference will be given to the candidates who have experience in Marketing of Banking Products

Job Profile: Evolving strategies to increase Bank’s market share for various products from time to time; studying the market, on an ongoing basis, for banking products, suggest improvements and introduce new products; guiding Zones/Marketing teams to improve the effectiveness of the marketing set-up and monitoring their performance; to co-ordinate with various functional departments in evolving strategies to increase customer base across the segments; leveraging technology for the marketing as well as for sales lead follow up, monitoring etc

Assistant General Manager-Cash Management Services (Scale V)

Qualification: Graduate/Post Graduate in Science/Commerce/Engineering

Preference will be given to MBA/PGDBM in Finance or dual specialization in Marketing and Finance from recognized AICTE approved Institution/UGC approved University

Experience: Minimum 10 years of service in Bank/Financial Institution, out of which minimum 5 years in Marketing/Management of CMS (Cash Management Services). Preference will given to candidates possessing good Knowledge/experience in IT/IT related services/cash management service of any Public /Private Sector Bank

Job Profile: Formulating strategies to develop CMS portfolio of the Bank, customizing related MIS/ operating system for improved cash flows and quicker realization etc

Finance Executive (Scale III)

Qualification: MBA/PGDBM (Finance) from a UGC recognised university/AICTE approved Institution

Preference will be given to the candidates with Professional Qualification such as CA/ICWA

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

Statistician (Scale II)

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

Chartered Accountants (Scale II)

Qualification: Candidates who have completed/passed final examination of Chartered Accountants

System Auditor (Scale II)

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 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

Finance Executives (Scale II)

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

Security Advisor (on contract basis)

Qualification and 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

General Banking Officer (Scale IV)

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

General Banking Officer (Scale V)

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/Interview/group discussion: Depending upon the number of candidates applied for, the Bank may opt to go for only Interview; written test and/or group discussion and/or Interview; written test and/or Interview; group discussion and/or Interview

The written test, if held, will consist of objective type questions only

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

Call letters for written examination (if held): The written test examination will be tentatively held on 19th February, 2012 (Sunday). The full address of the examination venue will be given in the call letter. All eligible candidates will be required to download their call letter from the Bank’s website after 09th February, 2012

Written test centers: Written test (if required) will be held at following 4 centers

Mumbai, New Delhi, Chennai, Kolkata

The candidate is required to indicate written test centre in his/her application form. Any request for change of centre of examination shall not be entertained

Pre-examination training (PET): In case a written examination is held the Bank intends in consonance with the guidelines issued by the government of India, to impart free non-residential pre-examination training (PET) of six working days to a limited number of candidates belonging to SC/ST at centres located at Navi Mumbai and Noida (New Delhi)

Selection for the PET from among the candidates will be made on the priority of the date of online registration of application

Candidates belonging to the above categories and desirous of availing of such pre-examination training may indicate choice of PET centre in the application form

All expenses for attending the pre-examination training (PET) programme at the concerned training centre relating to travel, boarding, lodging, etc will have to be made and borne by the candidate. The Bank has discretion to add to or delete from the centers for PET indicated above

Application fee (Non-refundable): For SC/ST/PwD/Ex-Servicemen candidates-Nil; all other candidates-Rs 500/-

Application once made will not be allowed to be withdrawn and fees once paid will not be refunded on any account nor can it be held in reserve for any other examination or selection

Please note that print out of application may be submitted to us at the time of group discussion/interview only and not before that

Candidates belonging to OBCs but coming in the creamy layer as on 31st March, 2011 are not entitled to OBC reservation. Such candidates should indicate their category as General

The Bank reserves the right to alter, modify or change the eligibility criteria and/or any of the other terms and conditions spelt out in this advertisement, including criteria for passing/method and procedure for selection. The Bank also reserves the right to select the candidate (without written test/group discussion having been conducted) on the basis of Personal Interview only for select-post or for all the posts advertised

Only those candidates who have met with the eligibility criteria and who have cleared their written examination and who are short-listed for appearing in the personal interview will be intimated either by email (online) or by speed post or/by registered post at the address or email address as the case may be, furnished by them in the application form

The name of candidates who are finally short-listed for interview will also be available on the Bank’s website www.bankofindia.co.in

How to apply

Candidate should have a valid e-mail id. The candidate should apply on-line through website www.bankofindia.co.in. As a first step, candidate should take out print-out of Challan (this will not be applicable for SC/ST/PwD/Ex-Serviceman candidates)

Against the Challan, the candidate should make the payment of fees in any of the Bank of India branches on or before 16th January, 2012

Once the payment of fees is made, the concerned branch will give him a Transaction No

Before applying online a candidate will be required to have a scanned (digital) image of his photograph and signature as per the specifications given on the website

Candidates should first scan their photograph and Signature, ensuring that both the photograph and signature are within the required specifications. If the size of the file is more than the specified limit then adjust the settings of the scanner

Candidates are now ready to apply online by re-visiting the Bank’s website and going to the sublink to open up the appropriate online application format

Candidate should visit again our website www.bankofindia.co.in under the caption recruitments/career and should fill up the application available of the notice on our website

Transaction Number should be correctly filled in the application at appropriate place (this is not applicable for SC/ST/PWD/Ex-Servicemen candidates)

Application should be checked and after verification be submitted by clicking to submit button

Application should be printed with photo and signature, to be kept ready for submission at the time of interview at the interview venue

Common Written Examination (CWE) 2011, Common Bank PO Management Trainee Recruitment Entrance Exam