Bank of India Recruitment 2020 – Apply Online for 214 Officers Posts

Bank of India Recruitment 2020 notification regarding filling of Officers Job Vacancies. The Bank organization invites online application from eligible candidates having B.Tech, Engg Graduate, MCA, MBA, PGDBM, PGDM, PGDBA, PhD, CA, Post Graduate qualifications. These 214 Officers Posts are in Bank of India, Mumbai, Maharashtra on contract basis.

The job applications for Bank of India Jobs 2020 will be accepted online on or before 30 Sep 2020.

Total Vacancies: 214

Important Dates – Bank of India Recruitment 2020

Starting Date to Apply Online16 Sep 2020
Closing Date to Apply Online30 Sep 2020
The relevant date for Age and Qualification 01 Sep 2020
Tentative Date of Online Examination Will be advised separately 

Application Fee – Bank of India Recruitment 2020

Gen/ OBC₹ 850
SC/ ST/ Ex-Servicemen₹ 175

Pay the Examination Fee through Debit Card, Credit Card, Net Banking.

Age Limit – Bank of India Recruitment 2020

Name of the PostScaleAge limit (Age as on 01.09.2020 ) Min 20 Years
EconomistSMGS-IV38 years
StatisticianMMGS-II35 Years
Risk ManagerMMGS-II35 Years
Risk ManagerSMGS-IV38 Years
Risk ManagerMMGS-III35 Years
Credit AnalystSMGS-IV38 Years
Credit OfficersJMGS-I30 Years
Technical (Appraisal)MMGS-II38 Years
IT (Fintech)SMGS – IV35 Years
IT (Fintech)MMGS-III32 Years
IT (Fintech)MMGS – II38 Years
IT (Data Scientist)SMGS – IV35 Years
IT(Data Analyst)MMGS-III32 Years
IT(Data Analyst)MMGS-II38 Years
IT(InfoSecurity)SMGS – IV35 Years
IT(InfoSecurity)MMGS – III32 Years
IT(InfoSecurity)MMGS – II35 Years

Job Location – Bank of India Recruitment 2020

Mumbai

Qualification – Bank of India Recruitment 2020

Name of the PostScaleQualifications
EconomistSMGS-IVPh.D. degree in Economics / Econometrics
5 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.
StatisticianMMGS-IIFull time Master’s / Post Graduate Degree in Statistics / Applied Statistics
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.
Risk ManagerMMGS-IICertification in Financial Risk Management from Global Association of Risk(GARP)
OR
Professional Risk Management Certification from PRIMA Institute
5 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 risk functions.
Risk ManagerSMGS-IVCertification in Financial Risk Management from Global Association of Risk(GARP)
OR
Professional Risk Management Certification from PRIMA Institute
5 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 risk functions.
Risk ManagerMMGS-IIICertification in Financial Risk Management from Global Association of Risk(GARP)
OR
Professional Risk Management Certification from PRIMA Institute
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.
Credit AnalystSMGS-IVTwo years Full time MBA in Finance /PGDM in Finance / CA / ICWA
10 years of experience as an Officer in NBFC / Financial Institution having business mix of 1000 crores & above as on 31.03.2020 out of which 5 years experience in credit processing/credit appraisal / assessment / credit rating / balance sheet analysis / credit monitoring.
Credit OfficersJMGS-IA Degree (Graduation) in any discipline with minimum 60% marks alongwith MBA/PGDBM/PGDM/PGBM/ PGDBA from institute of repute (two/three year programme) / Post-graduation degree in Commerce/ Science /Economics.
Technical (Appraisal)MMGS-IIBachelor’s Degree in Engineering in one of the streams mentioned below
Post Qualification Experience: minimum 3 years AND Out of above 3 years, minimum 1 year experience should be in core industrial sectors listed in column ‘Educational Qualifications’ (related to educational qualification).
IT (Fintech)SMGS – IVB.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication from recognised University/ Institute#. OR Any Graduate with ‘B’ level qualification of DOEACC Society.(# Institute should be recognised/ approved by Government bodies/ AICTE)
Minimum 8 years of overall (post basic education qualification) experience of which 4 years in Information Technology and 4 years of working in the field of marketing of Bank / Financial products as Manager/ Executive in Supervisory / Management role with Corporate/ Financial Institution.
IT (Fintech)MMGS-IIIB.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication from recognised University/ Institute#. OR Any Graduate with ‘B’ level qualification of DOEACC Society.(# Institute should be recognised/ approved by Government bodies/ AICTE)
Minimum 5 years of overall (post basic education qualification) experience of which 3 years in Information Technology and 2 years of working in the field of marketing of Bank / Financial products as Manager/ Executive in Supervisory / Management role with Corporate/ Financial Institution.
IT (Fintech)MMGS – IIB.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication from recognised University/ Institute#. OR Any Graduate with ‘B’ level qualification of DOEACC Society.(# Institute should be recognised/ approved by Government bodies/ AICTE)
Minimum 3 years of overall (post basic education qualification) experience of which 2 years in Information Technology and 1 year of working in the field of marketing of Bank / Financial products as Manager/ Executive in Supervisory / Management role with Corporate/ Financial Institution.
IT (Data Scientist)SMGS – IVPh.D. or Master’s Degree in statistics, computer science, or engineering.
Minimum 8 years of overall (post basic education qualification) experience of which 4 years in Information Technology and 4 years in related field. Preference will be given to candidates with experience in Financial sector/ Bank/ NBFC/ Insurance/ Investment firms.
IT(Data Analyst)MMGS-IIIB.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication from recognised University/ Institute#. OR MCA/ MBA (Business Analytics)/ PG (Statistics) #. (# Institute should be recognised/ approved by Government bodies/ AICTE)
Minimum 5 years of overall (post basic education qualification) experience of which 3 years in Information Technology and 2 years in the field of strategy/ data analytics/ data science/ analytics translator as Manager/ Executive in Supervisory/ Management role in Corporate/ Financial Institutions.
IT(Data Analyst)MMGS-IIB.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication from recognised University/ Institute#. OR MCA/ MBA (Business Analytics)/ PG (Statistics) #. (# Institute should be recognised/ approved by Government bodies/ AICTE)
Minimum 3 years of overall (post basic education qualification) experience of which 2 years in Information Technology and 1 year in the field of strategy/ data analytics/ data science/ analytics translator as Manager/ Executive in Supervisory/ Management role in Corporate/ Financial Institutions
IT(InfoSecurity)SMGS – IVGraduate or Post Graduate in Information Technology /Computer Science/ Computer Application/ Electronics and Communication / Electronics
IT(InfoSecurity)MMGS – IIIGraduate or Post Graduate in Information Technology /Computer Science/ Computer Application/ Electronics and Communication / Electronics
IT(InfoSecurity)MMGS – IIGraduate or Post Graduate in Information Technology /Computer Science/ Computer Application/ Electronics and Communication / Electronics

Vacancy Details – Bank of India Recruitment 2020

Name of the PostScaleNo. of Post
EconomistSMGS-IV02
StatisticianMMGS-II02
Risk ManagerMMGS-II02
Risk ManagerSMGS-IV03
Risk ManagerMMGS-III06
Credit AnalystSMGS-IV60
Credit OfficersJMGS-I79
Technical (Appraisal)MMGS-II07
IT (Fintech)SMGS – IV10
IT (Fintech)MMGS-III13
IT (Fintech)MMGS – II03
IT (Data Scientist)SMGS – IV03
IT(Data Analyst)MMGS-III06
IT(Data Analyst)MMGS-II02
IT(InfoSecurity)SMGS – IV02
IT(InfoSecurity)MMGS – III04
IT(InfoSecurity)MMGS – II10
Total214

Pay Scale – Bank of India Recruitment 2020

SCALEPay Scale
Junior Management Grade Scale – I (JMGS I) ₹ 23700-980/7-30560-1145/2-32850-1310/7-42020
Middle Management Grade Scale –II(MMGS II)₹ 31705-1145/1- 32850-1310/10-45950
Middle Management Grade Scale –II(MMGS II)₹ 31705-1145/1- 32850-1310/10-45950
Middle Management Grade Scale –III(MMGS III) ₹ 42020-1310/5- 48570-1460/2-51490
Senior Management Grade Scale –IV(SMGS IV) ₹ 50030-1460/4- 55870-1650/2-59170

Selection Process – Bank of India Recruitment 2020

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

How to Apply – Bank of India Recruitment 2020

Read the detailed notification pdf attached below before Apply Online. If you are interested and found yourself eligible for Officers, click on the apply online link given below. Then, find the appropriate option and fill up the form. You can apply online from 16 Sep 2020 to 30 Sep 2020.

Important Links – Bank of India Recruitment 2020

Apply Online Click Here

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