BOI Recruitment 2022 – 696 Officer Posts

Bank of India has released the notification for the recruitment of Officers in various streams up to Scale-IV on a regular and contract basis. Eligible candidates can apply from 26-04-2022 to 10-05-2022.

Post Name and ScaleVacanciesQualification and Experience
Bank of India Vacancy Details
Regular Basis
Economist (MMGS-II)02(i) Post Graduation degree in Economics/ Econometrics.
(ii) 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.
Statistician (MMGS-II)02(i) Full-time Master’s/ Post Graduate Degree in Statistics/ Applied Statistics.
(ii) 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 Manager (MMGS-II)02(i) Certification in Financial Risk Management from the Global Association of Risk (GARP) OR
Professional Risk Management Certification from PRIMA Institute OR
Holder of Chartered Financial Analyst (CFA) from CFA Institute OR
CA/ ICWA OR
Certified Information Systems Auditor (CISA) Certificate/ Diploma of Information Systems Auditor (DISA) from ICIA/ ISACA.
(ii) 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 Analyst (SMGS-IV)53(i) Two years Full-time MBA in Finance/ PGDM in Finance/ CA/ ICWA.
(ii) 10 years of experience as an Officer in NBFC/ Financial Institution having a 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.
Credit Officers (JMGS-I)484(i) A Degree (Graduation) in any discipline with a minimum of 60% marks along with “MBA/ PGDBM/ PGDM/ PGBM/ PGDBA with specialization in Finance/ Banking and Finance from the institute of repute (two/ three-year programme)”/ Post-graduation degree in Commerce/ Science/ Economics.
OR
CA/ ICWA/ CS
(ii) A certification in computer course for a minimum of three months OR Information Technology or related paper as one of the subjects at graduation level or afterwards is a must.
Tech Appraisal (MMGS-II)09(i) Bachelor’s Degree in Engineering in one of the streams mentioned below OR
Bachelor’s Degree in Engineering with Masters/ PG Diploma in one of the streams mentioned below
i. Infrastructure Engineering
ii. Power Plant Engineering
iii. Power Transmission & Distribution Systems
iv. Metallurgical/ Materials Science Engineering
v. Construction Technology
vi. Textile Engineering
vii. Pharmacy/ Pharmaceutical Engineering
viii. Semiconductors Engineering/ Technology
ix. Oil and Gas Engineering
x. Chemical Engineering
xi. Plastics/ Polymer Engineering/ Technology
xii. Industrial Engineering
xiii. Production Engineering
(ii) Post Qualification Experience: Minimum 3 years AND Out of the above 3 years, a minimum 1-year experience should be in core industrial sectors.
IT Officer – Data Centre (JMGS-I)42(i) First Division (minimum 60% marks) in B.E/ B.Tech in CSE/ IT/ E&C Or First Division (minimum 60% marks) in MCA/ M.Sc (IT) from recognized University/ Institute.
(ii) Minimum 2 Years of hands-on experience in Application development (coding, testing and maintenance of application/software) with at least 1-year experience in handling digital channels (Internet Banking/ Mobile Banking/ UPI) for any reputed organization preferably Banking or IT Sector or FinTech company.
Contract Basis
Manager IT (MMGS-II)21(i) 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)/ M.Sc Computer Science.
(ii) Minimum 7 years of experience.
Senior Manager IT (MMGS-II)23(i) 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)/ M.Sc Computer Science.
(ii) Minimum 8 years of experience.
Manager IT (Data Centre) (MMGS-II)06(i) First Division (minimum 60% marks) in B.E/ B.Tech in CSE/ IT/ E&C Or MCA/ M.Sc (IT) from recognized University/ Institute.
(ii) Minimum 7 Years of hands-on experience in Application development (coding, testing and maintenance of application/software) with at least 2 years experience in handling digital channels (Internet Banking/ Mobile Banking/ UPI) for any reputed organization preferably Banking or IT Sector or FinTech company.
Senior Manager IT (Data Centre) (MMGS-III)06(i) First Division (minimum 60% marks) in B.E/ B.Tech in CSE/ IT/ E&C Or MCA/ M.Sc (IT) from recognized University/ Institute.
(ii) Minimum 8 Years of hands-on experience in Application development (coding, testing and maintenance of application/ software) with at least 3 years experience in handling digital channels (Internet Banking/ Mobile Banking/ UPI) for any reputed organization preferably Banking or IT Sector or FinTech company.
Senior Manager (Network Security) (MMGS-III)05(i) First Division (minimum 60% marks) in B.E/ Tech in CSE/ E&C OR MCA from recognized University/ Institute.
(ii) Minimum 8 Years of hands-on experience in managing the network of any reputed organization.
Senior Manager (Network Routing & Switching Specialists) (MMGS-III)10
Manager (End Point Security) (MMGS-II)03(i) First Division (minimum 60% marks) in B.E/ Tech in CSE/ E&C OR MCA from recognized University/ Institute.
(ii) Minimum 7 Years of hands-on experience in managing end-point security of any reputed organisation.
Manager (Data Centre) – System Administrator Solaris/ Unix (MMGS-II)06(i) First Division (minimum 60% marks) in B.E/ Tech in CSE/ E&C OR MCA from recognized University/ Institute.
(ii) Minimum 7 Years of hands-on experience as system administrator for Unix/ Solaris in any reputed organisation.
Manager (Data Centre) – System Administrator Windows (MMGS-II)03(i) First Division (minimum 60% marks) in B.E/ Tech in CSE/ E&C OR MCA from recognized University/ Institute.
(ii) Minimum 7 Years of hands-on experience as a system administrator (Windows) in any reputed organisation.
Manager (Data Centre) – Cloud Virtualisation (MMGS-II)03(i) First Division (minimum 60% marks) in B.E/ Tech in CSE/ E&C OR MCA from recognized University/ Institute.
(ii) Minimum 7 Years of hands-on experience in managing a dense virtualization environment in any reputed organisation.
Manager (Data Centre) – Storage & Backup Technologies (MMGS-II)03(i) First Division (minimum 60% marks) in B.E/ Tech in CSE/ E&C OR MCA from recognized University/ Institute.
(ii) Minimum 7 Years of hands-on experience in managing Storage and Backup infrastructure Administrator in any reputed organisation.
Manager (Data Centre – Network Virtualisation on SDN-Cisco ACI) (MMGS-II)03(i) First Division (minimum 60% marks) in B.E/ Tech in CSE/ E&C OR MCA from recognized University/ Institute.
(ii) Minimum 7 Years of hands-on experience in managing the network of any reputed organisation.
Manager (Database Expert) (MMGS-II)05(i) First Division (minimum 60% marks) in B.E/ B.Tech preferably in CSE/ IT OR MCA from recognized University/ Institute.
(ii) Minimum 7 years of experience in the field of Database Management.
Manager (Technology Architect) (MMGS-II)02(i) B.E./ B.Tech./ MCA (from a recognized University/ Institution).
(ii) Minimum 7 years’ post minimum qualification experience in the IT field. Out of 7 years of experience, a minimum of 2 years must be in IT architectural functions, preferably in the Banking and Financial sectors. (Training & Teaching experience will not be counted for eligibility)
Manager (Application Architect) (MMGS-II)02


Pay Scale:-
 Basic pay as below and other allowances and perquisites as applicable:

Present Scale of Basic Pay for regular positions (in Rs.) –
(i) Junior Management Grade Scale – I (JMGS I) – 36000-1490/7-46430-1740/2-49910-1990/7-63840
(ii) Middle Management Grade Scale-II (MMGS II) – 48170-1740/1- 49910-1990/10-69810
(iii) Middle Management Grade Scale – III (MMGS III) – 63840-1990/5- 73790-2220/2-78230
(iv) Senior Management Grade Scale –IV(SMGS IV) – 76010-2220/4- 84890-2500/2-89890

Emoluments for contractual positions (in Rs.) –
(i) 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.
(ii) 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.

Age Limit
Economist, Statistician, Risk Manager, Manager IT28 to 35 years
Credit Officer, IT Officer – Data Centre20 to 30 years
Credit Analyst30 to 38 years
Tech Appraisal25 to 35 years
Senior Manager28 to 37 years


Place of Posting:-
 Selected candidates can be posted anywhere in India.

Application Fee:- Candidates who wish to apply for Officers Posts are required to pay the prescribed application fee online by using only Master/ Visa Debit or Credit cards or Internet Banking. Check the category wise fee from the table given below:-

General and OthersRs.850
SC/ ST/ PWDRs.175


How to Apply:-

  • Eligible candidates can go through the Official Link only.
  • Candidates who wish to apply can click here to fill out the application form.
  • Candidates are required to take a printout of the e-Receipt and online Application Form.


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

Notes:-

  • The candidates can apply only for one post.
  • Age relaxation will be given as per govt rules.
  • Canvassing in any form will be a disqualification.
  • Candidates ready to work anywhere in India should apply
  • Application fee/ intimation charges once paid will not be refunded.
  • Candidates are required to produce original documents at the time of the interview.


Submission of online application commencing from-
26-04-2022

Last date for submission of online application:- 10-05-2022

The relevant date for Age and Qualification:- 01-12-2021

Official SourceOfficial Website

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