Bank of Maharashtra Recruitment 2022 for 551 Posts: Check Posts, Eligibility, and other Vital Detail

Bank of Maharashtra Recruitment 2022 for 551 Posts: Check Posts, Eligibility, and other Vital Detail

indira vinay | Dec 5, 2022 |

Bank of Maharashtra Recruitment 2022 for 551 Posts: Check Posts, Eligibility, and other Vital Detail

Bank of Maharashtra Recruitment 2022 for 551 Posts: Check Posts, Eligibility, and other Vital Detail

Bank of Maharashtra Recruitment 2022: Bank of Maharashtra has released a notification for hiring candidates for various posts. According to the official Bank of Maharashtra Recruitment Notification, there are total of 551 vacancies. Interested candidates can visit the official website to apply from 06.12.2022 for the posts. The selected candidate shall execute a bond of Rs. 02.00 lakh for two years from the date of joining the Bank.

Bank of Maharashtra, a leading listed Public Sector Bank with a Head Office in Pune and more than 2067 branches all over India invites online applications from eligible candidates for the following posts. It is intended to sustain financial performance, demystifying and accelerating the banking journey in terms of digital transformation, expansion of branch network with more growth through a combination of strategies inter-alia opening of verticals such as Corporate Finance branches, setting up Centralized Processing Centers for Retail and MSME customers, Business Development Officers, etc. for development of bank’s business.

The position/place of posting of the candidate will initially & ordinarily be at Head Office, Pune. However, the Bank reserves the right to post the selected candidate as per the bank’s requirement. The selected candidate will be on a probation period of Six months from the date of joining

The Last date to apply for Bank of Maharashtra Recruitment is 23rd Dec 2022

Table of Content
  1. Name of post and Number of vacancies of Bank of Maharashtra Recruitment 2022
  2. Qualification of Bank of Maharashtra Recruitment 2022
  3. Experience Required for Bank of Maharashtra Recruitment 2022
  4. Age criteria for Bank of Maharashtra Recruitment 2022
  5. Basic Pay of Bank of Maharashtra Recruitment 2022
  6. Selection process for Bank of Maharashtra Recruitment 2022
  7. How to Apply for Bank of Maharashtra Recruitment 2022

Name of post and Number of vacancies of Bank of Maharashtra Recruitment 2022

Mention below are the vacancies Released by the official notification of the Bank of Maharashtra:

Name of postNumber of Vacancies
AGM Board Secretary & Corporate Governance01
AGM Digital Banking01
AGM Management Information System (MIS)01
Chief Manager, Management Information System (MIS)01
Chief Manager, Market Economic Analyst01
Chief Manager, Digital Banking02
Chief Manager, Information System Audit01
Chief Manager, Security officer01
Chief Manager, Credit15
Chief Manager, Disaster Management01
Chief Manager, Public Relation & Corporate Communication01
Generalist Officer400
Generalist Officer100
Forex / Treasury Officer25
Total Posts551

Qualification of Bank of Maharashtra Recruitment 2022

Mention below are the post wise qualification for the vacancies Released by the official notification of the Bank of Maharashtra:

Name of postQualification
AGM Board Secretary & Corporate GovernanceProfessional qualification of CS from the Institute of Company Secretaries of India (ICSI). Preference will be given for additional qualification/s like CA / CFA / CMA / Risk Management/Finance from a University/Institution/Board recognized by Govt. of India.

 

AGM Digital BankingBachelor’s/Master’s Engineer Degree in IT/Computer Science with minimum 50% in aggregate of all semesters / years. Preference will be given to those who have certification(s) / Diploma etc. in Digital Banking.

 

AGM Management information System (MIS)-Master’s / Bachelor’s Engineer Degree in IT/Computer Science with minimum 50% in aggregate of all semesters / years. Preference will be given to those who have additional qualification/s in data science / data analytics & MBA / Diploma / Certificate(s) of established institutions in the sector.
Chief Manager, Management Information System (MIS)Master’s / Bachelor’s Engineer Degree in IT/Computer Science with minimum 50% in aggregate of all semesters / years. Preference will be given to those who have additional qualification/s in data science / data analytics & MBA / Diploma / Certificate(s) of established institutions in the sector

 

Chief Manager, Market Economic AnalystThe candidate must be M.A. Economics from a recognized University. M.Phil. /Ph.D. (Economics) is preferable. Due weightage / preference shall be given to the candidates whose articles are published in ‘peer reviewed or referred’ Journals / Newspapers of national and international repute.

 

Chief Manager, Digital BankingBachelor’s Engineer Degree in any discipline with minimum 50% in aggregate of all semesters / years.
Chief Manager, Information System AuditB.Tech/B.E. in Computer Science/IT/MCA/MCS/M.Sc. (Electronics / Computer Science) with minimum 55% marks in aggregate of all semesters/years.

and Mandatory Certifications in CISA, CISSP OR DISA.

Chief Manager, Security officer-Bachelor/Master Engineering Degree or its equivalent in the following discipline with minimum 50% in aggregate of all years / semesters recognized by Government of India or its Regulatory bodies

(a) Computer Science / Computer

(b) Information Technology

(c) Electronics & Communication

(d) Equivalent Courses related to Cyber Security Field

The candidate should have one of the following certificates for being eligible for the post:

(a) Certified Information Systems Security Professional (CISSP)

(b) Certified Information Security Manager (CISM)

(c) Certified Chief Information Security Officer (CCISO)

(d) Certified Information Systems Auditor (CISA)

Chief Manager, Credit– Graduate from recognized university with professional qualification of CA/CMA/CFA from the recognized Institute/Board

OR

Post Graduate Degree in any discipline preferably from Banking/Finance/Agriculture / any credit related area with minimum 50% marks in the aggregate of all semesters / years from a recognized University/ Institution/ Board recognized by Govt. of India / approved by Govt. Regulatory bodies.

 

Chief Manager, Disaster Managment-Master’s or above degree in Disaster Management from Tata Institute of Social Sciences or from universities recognized by Govt. of India or its regulatory bodies with minimum 50% in aggregate of all semesters / years and knowledge of computer.
Chief Manager,  Public Relation & Corporate Communication-Graduate and Two Years Full-time MMS Marketing / Two Years Full time MBA Marketing/ Two Years Full-time PGDBA/PGDBM/ PGPM/ PGDM with specialization in Marketing.
Generalist Officer (400 posts)-Bachelor’s degree in any discipline with minimum 60% marks in the aggregate of all semesters / years (55% for SC/ST/ OBC/PwBD). Passing of JAIIB & CAIIB is desirable.

OR

Professional qualification like CA/CMA/ CFA from a recognized University/ Institution/ Board recognized by Govt. of India approved by Govt. Regulatory bodies.

Generalist Officer- (100)-Bachelor’s degree in any discipline with minimum 60% marks in the aggregate of all semesters / years (55% for SC/ST/ OBC/PwBD). Passing of JAIIB & CAIIB is desirable.

OR

Professional qualification like CA / CMA / CFA from a recognized University/ Institution/ Board recognized by Govt. of India approved by Govt. Regulatory bodies.

 

Forex / Treasury Officer-Bachelor’s degree in any discipline with minimum 60% in aggregate of all semesters / years and knowledge of computer.

and

Post Graduate degree (2 years’ regular mode) in Business / Management/Finance / Banking from a University / Institution /Board recognized by Government of India / Government regulatory bodies.

Certificates in forex related areas from any recognized University / IIBF or equivalent in International Banking Business/Trade Finance/Foreign Exchange Operations / JAIIB – CAIIB shall be preferable.

Experience Required for Bank of Maharashtra Recruitment 2022

AGM Board Secretary & Corporate Governance-The minimum experience of 12 years in Banking or Financial Services, out of which a minimum of 4 years should be in the Investor Relations / Board Secretariat.

AGM Digital Banking- The minimum experience of 12 years in the Banking or Financial Services, out of which minimum 5 years should be in Digital Banking Scenario / Digital Strategy / CBS Management in any Public Sector Banks / Private Sector Banks / NBFCs. Preference will be given to those who have experience in Digital Banking.

AGM Management Information System (MIS)- The minimum experience of 12 years in the Banking or Financial Services, out of which minimum 5 years should be in Oracle / MSSQL Database Administration / Machine Learning & Artificial Intelligence / Database Operations preferably on Banking Projects.

Chief Manager, Management Information System (MIS)- The minimum experience of 10 years in the Banking or Financial Services, out of which minimum 4 years should be in Oracle / MSSQL Database Administration / Machine Learning & Artificial Intelligence / Database Operations preferably on Banking Projects

Chief Manager, Market Economic Analyst– 10-year experience in Banks / Financial Institutions as Economist. Preference will be given to those who are handing work related to market analysis / sector analysis / industry analysis/transfer pricing, etc.

Chief Manager, Digital Banking– Minimum 10 years of experience in designing & building customer journey and lending process teams in area of customer experience in financial sector out of which 3 years should be in branch operations. Preference will be given who have exposure in Digital Journey, IB & MB, Fintech collaborations and Integration in Digital Journeys.

Chief Manager, Information System Audit– The minimum 10 years’ experience for conducting Information Systems (IS) Audit including VA & PT and should have conducted Information System Audit of Systems such as Core Banking Solution, EFT Switch, Internet Banking, Mobile Banking, DC/DR Sites including Vulnerability Assessment & Penetration Testing etc. in at least one Commercial Bank / Public Sector Organization / Statutory Body during the last 3 years

Chief Manager, Security officer- The IT related work experience of minimum 10 years of which at least 5 years should be in the core domain area of information security in financial organizations.

Or

Minimum 10-year work experience in handling IT related functions in Scheduled Commercial Banks of which minimum 4-year experience in the core domain area of information security at Middle Management Level & above.

Chief Manager, Credit- Essential Experience:

10 years post qualification experience as an officer, of which 5 years’ experience should be in processing of Credit Commercial / Project Finance / Agriculture / Mid & Large Credit in Public sector Banks / Private sector Banks / Financial institutions.

OR

Professional qualification of CA / CMA / CFA with minimum 10 years’ experience as an officer out of which 5-year experience should be in processing of Credit

Commercial / Project Finance / Agriculture (CPC Unit) / Mid & Large Credit in Public sector Banks / Private sector Banks / Financial institutions.

The candidate should have minimum experience of 3 years as Branch Manager / Credit Processing in Corporate Finance Branch / Industrial Finance Branch or equivalent branches / Corporate Relationship Manager dealing in credit related functions.

Chief Manager, Disaster Managment– Minimum 10 years of experience in the field of Disaster Management or in a related field

Chief Manager,  Public Relation & Corporate Communication– 10-year experience in Banks / Financial Institutions as a Marketing Officer. Preference will be given to those who are handling work related to market analysis / industry analysis preferably on bank’s projects.

Generalist Officer- (400 post) Post qualification Work Experience of 3 years as an officer in any Scheduled Commercial Bank. Experience in Credit related areas / Branch Head / In-charge is preferable.

Generalist Officer- (100) Post qualification Work Experience of 5 years as an officer in any Scheduled Commercial Bank. The candidate should have minimum one-year experience as Branch Manager / Head out of five years. Experience in Credit related areas / In charge of Specialized Verticals is preferable.

Branch Manager is an incumbent responsible for overseeing all branch functions such as Deposit, Advances, Operations, Monitoring, Inspection, Recovery, etc. Branch Manager has also overseen the performance of employees.

Forex / Treasury Officer- Minimum four-year experience in Public Sector Banks/Institutions handing the forex business / Private Banks/Foreign Banks handling trade finance portfolio.

Age criteria for Bank of Maharashtra Recruitment 2022

Mention below are the post wise age criteria for the vacancies Released by the official notification of the Bank of Maharashtra:

  • AGM Board Secretary & Corporate Governance- 45 Years
  • AGM Digital Banking- 45 Years
  • AGM Management Information System (MIS)- 45 Years
  • Chief Manager, Management Information System (MIS)- 40 years
  • Chief Manager, Market Economic Analyst- 40 years
  • Chief Manager, Digital Banking- 40 years
  • Chief Manager, Information System Audit- 40 years
  • Chief Manager, Security officer- 40 years
  • Chief Manager, Credit- 40 years
  • Chief Manager, Disaster Management- 40 years
  • Chief Manager, Public Relation & Corporate Communication- 40 years
  • Generalist Officer- minimum 25 and maximum 35
  • Generalist Officer- Minimum 25 and maximum 38
  • Forex / Treasury Officer- Minimum 26 and maximum 32

Basic Pay of Bank of Maharashtra Recruitment 2022

  • AGM Board Secretary & Corporate Governance- 89890 – 2500/2 — 94890 – 2730/2 — 100350
  • AGM Digital Banking- 89890-2500/2-94890-2730/2 – 100350
  • AGM Management information System (MIS)– 89890-2500/2-94890-2730/2-100350

Selection process for Bank of Maharashtra Recruitment 2022

The candidates shall be required to appear for an online examination to be conducted through IBPS. The successful candidates shall be called for an interview in the proportion of 1:4 based on their ranking. The allocation of marks for online examination and Interview as specified which will be converted into 60:40 (Online Examination: Interview). The minimum cut-off marks for online examination, interview and final selection shall be 50% for UR/EWS and 45% for SC/ST/OBC/ PwBD respectively.

The combined final score of candidates shall be arrived at on the basis of scores obtained by the candidates in the Online Examination and Interview and accordingly a merit list shall be prepared for selection of candidates. Merit list for selection will be prepared in descending order on the basis of combined scores obtained, in case more than one candidate score the cut-off marks (common marks at cut-off point), such candidates will be ranked according to their age in descending order, in the merit.

In case, in the opinion of the bank, adequate number of candidates have not qualified by obtaining minimum marks as stipulated above in the online examination, bank reserves right to reduce the minimum marks as deemed fit. Bank reserves right to do away with online examination / Group Discussion and to shortlist sufficient/adequate number of candidates for interview based on their suitability, experience, etc. While short listing the candidates, we may consider additional qualification/s, greater experience and level of responsibilities handled and accordingly only such candidates will be allowed to participate in recruitment process.

How to Apply for Bank of Maharashtra Recruitment 2022

Candidates are advised to go to the Bank’s website and click on the *Careers → Recruitment Process → Current Openings to open the link “Online application for the recruitment of “Recruitment of Officers in Scale II, III, IV & V Project 2023-24” and then click on the option “APPLY ONLINE” which will open a new screen.

To register the application, choose the tab “Click here for New Registration” and enter Name, Contact details and e-mail 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.

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.

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 COMPLETE REGISTRATION BUTTON.

To Read the official Notification- Click Here.

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"