Bank of India - Recruitment of Officers in various streams upto Scale IV Project No. 2023-24/1 Notice dated 01.02.2024

Important Information

About the organization

Bank of India is an Indian public sector bank headquartered in Bandra Kurla Complex, Mumbai. Founded in 1906, it has been government-owned since nationalization in 1969. BoI is a founding member of SWIFT, which facilitates provision of cost-effective financial processing and communication services.

Important Dates

Description Date
Submission of On-line application commencing from 27.03.2024
Last date for submission of On-line application 10.04.2024
Relevant date for Age and Qualification 01.02.2024
Tentative Date of Online Examination Will be advised separately
Payment of Fee Online 27.03.2024 to 10.04.2024 (Both days inclusive)

Vacancy details

ELIGIBILITY CRITERIA

Name of the Post

Scale

No. of Vacancies

Age

Educational Qualifications

Work Experience

Credit Officer (GBO)

MMGS II

25

23-35

A Degree (Graduation) in any discipline with minimum         60%                            marks                            alongwith “MBA/PGDBM/PGDM/PGBM/   PGDBA   with

specialization in Finance / Banking and Finance from institute of repute (two/three year programme)” / Post-graduation  degree  in  Commerce/  Science

/Economics.

OR

Minimum two years of experience as an Officer in any Public Sector Banks or in any Private sectors Banks having Business mix of Rs. 1 Lakh crores as on 31.03.2023

 

 

 

 

CA / ICWA / CS

 

 

 

 

 

A certification in computer course for minimum three months OR Information Technology or related paper as one of the subjects at graduation level or afterwards, is a must.

 

Economist

SMGS IV

1

28-45

Post-Graduation degree in Economics / Econometrics

(from a University/ In stitution/ Board recognized by Govt. of India/ approved by Govt. Regulatory Bodies)

 

i)    Candidates with specialisation in Financial Economics / Behavioural Economics will be preferred.

ii)   Candidates from premier Institutes / Universities such as Delhi School of Economics, Madras School of Economics, JNU, Jamia Millia Islamia University, IGIDR etc., OR from institutes of national importance as published by MHRD,Govt. of India will be preferred.

Minimum 5 years in Rating Agencies / Banks/ PDs. Work experience should preferably be in Analysis and forecasting of economic indicators, writing research reports on topics related to banking and Economics, Application of econometric models in Banking, evaluation of issues related to monetary and fiscal policy, Analyzing market trends.

 

Name of the Post

Scale

No. of Vacancies

Age

Educational Qualifications

Work Experience

Economist

MMGS II

1

21-35

Post-Graduation degree in Economics / Econometrics

 

(from a University/ Institution/ Board recognized by Govt. of India/ approved by Govt. regulatory Bodies)

Preferable but not mandatory. Candidates having experience of working in financial institutions/ Bank’s Treasury / Rating Agencies / Analytics Firm / Reputed Brokerages Agencies shall be given preference.

 

 

 

 

i)     Candidates with specialisation in Financial Economics / Behavioural Economics will be preferred.

ii)    Candidates from premier Institutes / Universities such as Delhi School of Economics, Madras School of Economics, JNU, Jamia Millia Islamia University, IGIDR etc., OR from institutes of national importance as published by MHRD,Govt. of India will be preferred.

 

Technical Analyst

MMGS II

1

21-35

Graduation (from a University/ Institution/ Board recognized by Govt. of India/ approved by Govt. Regulatory Bodies) and CMT

Preferable but not mandatory. Candidates having experience of working in Corporate Treasury (Front office) of financial institutional / reputed corporate shall be given preference.

Law Officer

MMGS III

31

25-35

Graduate in law (3 years/ 5 years full time regular course) from a recognized University

As on date of notification the candidate must possess professional experience of minimum 6 years’ post qualification experience as practicing lawyer and/or with law firm and/or as law officer in any Bank/Financial Institution /reputed organization and/or as a judicial officer. The experience as above can be cumulative. However out of 6 years atleast one year experience of working as a law officer in a Bank, PSU or Financial Institution is a must.

 

Name of the Post

Scale

No. of

Vacancies

Age

Educational Qualifications

Work Experience

Law Officer

MMGS II

25

25-32

Graduate in law (3 years/ 5 years full time regular course) from a recognized University

As on date of notification the candidate must possess professional experience of minimum 4 years’ post qualification experience as practicing lawyer and/or with law firm and/or as law officer in any Bank/Financial Institution

/reputed organization and/or as a judicial officer. The experience as above can be cumulative.

Chief                 Wealth Manager

SMGS IV

1

32-40

·         A degree (Graduation) in any discipline from a University recognized by the Govt. of India/Govt. bodies/AICTE, MBA/PGDM in any (Marketing/Finance & related).

·         Regulatory Certifications eg. NISM, IRDA,

·         Minimum 10 Years of experience in managing sales in Wealth Management/ Insurance sector/Mutual Fund Industry

·         Should have managed a large team of Relationship Managers/Team Leaders at Regional Level/Zonal Level/Head Office Level for at Least 5 Years

 

 

 

 

·         Preference     to                       candidate                       having                       Wealth Management by IIBF etc

Details of Educational Qualification/ Certification/Work Experience/ Specific Skills Required for IT Domain Officers:

(A)     Data Analytics Department

Name of the Post

Scale

No. of vacancies

Age

Educational Qualifications

Other Preferred

Qualifications \ Certifications

Work Experience

Specific \ Preferred Skill

Data Governance Expert

MMGS III

02

28-37

Minimum 60% Marks in B.E./ B. Tech / BSc in

Computer                        Science/

Industry Desirable: Experience                               in implementation Informatica Axon and /or other similar platform in BFSI sector clients

Desirable:

Strong problem solving and troubleshooting skills with the ability to exercise mature judgment.

Ability           to                    work independently, manage small engagements or parts            of                    large engagements

At least 5+ years of experience in data integration and              data governance solutions (Data Catalog,                   MDM and                            Data Quality),                     data warehousing       / Big                   Data/ Hadoop          / RDBMS,                       Data management tools                               and technologies implementation.

  Ability to develop & troubleshoot and optimize complex data management solution and issues.

  Experience on designing enterprise data catalog, data lineage

  Good knowledge of the Information                                Management framework, including operating model, data management, data security, data quality and data architecture.

  Data encryption, security management techniques and methodology will be advantageous

 

 

 

 

Information

 

 

 

 

Technology/

 

 

 

 

Electronics/ Electrical &

 

 

 

 

Electronics/ Electronics

 

 

 

 

& Communication

 

 

 

 

OR

 

 

 

 

MCA      /       M.               Sc.

 

 

 

 

(Computer science/ IT)

 

 

 

 

(#  Institute  should                              be

 

 

 

 

recognized/ approved by

 

 

 

 

Government                           bodies/

 

 

 

 

AICTE)

Platform Engineering Expert

MMGS III

02

28-37

Minimum 60% Marks in B.E./ B. Tech / BSc in

Computer                        Science/

Industry Desirable:

Experience                                 in

implementation of Redhat                          Openshift container environment

Desirable:

Redhat                          Openshift Certification

At least 5+ years of experience in

design,

Lead the development of the Bank's OpenShift Container Platform strategy.

Lead or champion the design, implementation, and operation of our OpenShift Container Platform infrastructure.

Work with other engineering teams to develop and implement new microservices, enhancing Cl/CD pipelines, implementing new monitoring and observability tools, and best practices.

Develop and implement new features and capabilities for our OpenShift clusters.

Manage the day-to-day operations of our OpenShift clusters, including monitoring, troubleshooting, and scaling.

Work with development teams to ensure  that  our  OpenShift

 

 

 

 

Information Technology/ Electronics/ Electrical &

Electronics/ Electronics

implementation

and support operation of Containerized

 

 

 

 

& Communication

Environment.

 

 

 

 

OR

 

 

 

 

 

MCA/M.Sc. (Computer

 

 

 

 

 

science/ IT)

 

 

 

 

 

(# Institute should be

 

 

 

 

 

recognized/                       approved

 

 

 

 

 

by Government bodies/

 

 

 

 

 

AICTE)

 

 

 

 

 

 

 

 

 

clusters are able to support their applications.

Stay up-to-date on the latest trends and developments in OpenShift Container Platform and cloud computing.

Mentor and train junior engineers on OpenShift Container Platform.

Name of the Post

Scale

No. of vacancies

Age

Educational Qualifications

Other Preferred Qualifications \ Certifications

Work Experience

Specific \ Preferred Skill

Statistician

MMGS III

02

28-37

Full time Master’s / Post Graduate Degree in Statistics / Applied Statistics

Desirable:

 

Strong                        problem

solving                           and

troubleshooting skills with the ability to exercise             mature judgment

 

Ability         to                                      work independently, manage                        small engagements or parts of large engagements

5+ years of experience as         an              Officer            in Financial Institutions / Banks        /        Rating Agencies /         Analytics Firm        /                Reputed Brokerage Agencies / Corporate Organizations              like CRISIL,  CIBIL,  ICRA

etc., out of which 3 years’ experience in the relevant field.

Candidates having adequate experience in handling large volume of data, application of statistical techniques and tools, drawing inference from the behavior of data, forecasting,                      modelling, calibration, and validation, submission of various reports to Top Management based on the analysis etc., knowledge of various statistical packages such as SAS/ SPSS/ MATLAB, etc. is preferable.

 

 

 

 

(from a University/ Institution/ Board recognized by Govt. of India/ approved by Govt. regulatory Bodies)

 

 

 

 

Candidates from

 

 

 

 

premier statistical

 

 

 

 

Institutes / Universities

 

 

 

 

will be preferred.

(B)     Digital Banking Department

Name of the Post

Scale

No. of vacancies

Age

Educational Qualifications

Other Preferred

Qualifications \ Certification

Work Experience

Specific \ Preferred Skill

IT

(Data Analyst) - Senior Manager

MMGS III

02

28-37

Minimum 60% Marks in B.E./ B. Tech / BSc in Computer Science/ Information

Technology/

Certification in Data Science/ Big data from

Jigsaw Academy/ Manipal

Prolearn/ XLRI/ Reva

University/ NMIMS/ IFMR/ IMT / Atom Institute or from any Govt.                  approved Universities/ Institutions#. (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.

Technical skills required:

·                Experience with programming languages frequently used in data science (R, Python like Python, Perl, C/C++, SQL, and Java)

·                Knowledge of Sas and Other Analytical Tools; Experience with developing models using semi structure as well as unstructured data.

·                Natural Language Processing, Web Crawling and Neural Networks.

·                Machine learning/ Artificial Intelligence and parsing.

·                Familiarity with cloud based application/service development.

·                Experience in Relational Databases OR any NoSQL databases including Graph databases.

·                End to end experience from data extraction to modelling and its validation.

·                Experience of working in a project environment as a developer.

Non-Technical Skills:

·                Knowhow of the elements that make up a successful business model.

·                understand data better than anyone else.

·                Strong communication skills as a data scientist / analyst.

·                Excellent communication skills and ability to work as part of a multi- cultural and geographically distributed product development team.

·                Self-motivated, proactive and

demonstrating an exceptional drive towards delivery.

 

 

 

 

Electronics/ Electrical

 

 

 

 

&                Electronics/

 

 

 

 

Electronics                                 &

 

 

 

 

Communication

 

 

 

 

OR

 

 

 

 

MCA     /      M.              Sc.

 

 

 

 

(Computer                      science/

 

 

 

 

IT) /

 

 

 

 

MBA                    (Business

 

 

 

 

Analytics)/                              PG

 

 

 

 

(Statistics)

 

 

 

 

(# Institute should be recognized/ approved by               Government bodies/ AICTE)

 

(C)     Information Technology Department

 

Name of the Post

Scale

No. of vacancies

Age

Educational Qualifications

Other Preferred

Qualifications \ Certifications

Work Experience

Specific \ Preferred Skill

IT

(Data Analyst)

- Senior Manager

MMGS III

01

28-37

Minimum                       60% Marks in

Certification                            in Data

Science/ Big data from

Jigsaw Academy/ Manipal

Prolearn/ XLRI/ Reva

University/ NMIMS/   IFMR/

IMT / Atom Institute or from any                      Govt.

approved Universities/ Institutions#.

 

(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.

Technical skills required:

 

· Experience with programming languages frequently used in data science (R, Python like Python, Perl, C/C++, SQL, and Java)

· Knowledge of Sas and Other Analytical Tools; Experience with developing models using semi structure as well as unstructured data.

· Natural Language Processing, Web Crawling and Neural Networks.

· Machine learning/ Artificial Intelligence and parsing.

· Familiarity with cloud based application/service development.

· Experience in Relational Databases OR any NoSQL databases including Graph databases.

· End to end experience from data extraction to modelling and its validation.

· Experience of working in a project environment as a developer.

Non-Technical Skills:

 

· Knowhow of the elements that make up a successful business model;

· understand data better than anyone else

· Strong communication skills as a data scientist / analyst.

· Excellent communication skills and ability to work as part of a multi-cultural and geographically distributed product development team.

· Self-motivated,    proactive    and

demonstrating an exceptional drive towards delivery.

 

 

 

B.E./  B.  Tech  /

 

 

 

BSc in Computer

 

 

 

Science/

 

 

 

Information

 

 

 

Technology/

 

 

 

Electronics/

 

 

 

Electrical                           &

 

 

 

Electronics/

 

 

 

Electronics                           &

 

 

 

Communication

 

 

 

OR

 

 

 

MCA    /    M.            Sc.

 

 

 

(Computer

 

 

 

science/ IT) /

 

 

 

MBA              (Business

 

 

 

Analytics)/                         PG

 

 

 

(Statistics)

 

 

 

(#               Institute should                      be recognized/ approved        by Government bodies/ AICTE)

 

(D)     Information Security Cell Risk Management Department

 

Name of the Post

Scale

No. of vacancies

Age

Educational Qualifications

Other Preferred Qualifications \ Certifications

Work Experience

Specific \ Preferred Skill

IT

(InfoSecurity)

Senior Manager

 

GRC (Risk and Control)

MMGS III

01

28-37

B.E./ B. Tech /

M. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics

& Communication from recognised University/

OR

 

MCA or Masters with specialisation in Information Technology/ Information Security

/ Cyber security #.

Preferred:

One Certificate out of CISSP/ CISM/   CISA/

CRISK as on 01.02.2024

Minimum 5 years of IT experience in commercial banks/ financial companies

/ financial services organisations/                IT services companies/ Telecom companies/Informat ion                        Security companies with at least      3  years                 of experience  in                the role   of            IT    Risk Management               and Control Assessments

· Develop and Manage Technology Risk Program of the Bank.

· Conduct risk assessments and implement measures to mitigate potential security threats and vulnerabilities.

· Interact with Business and IT Teams for IT Risk Activities Consultation on IT and Cyber Risk including Vulnerability Management, Data Protection and Cloud Security, etc.

· Maintain Certification for ISMS, BCMS, NIST CSF and PCI DSS Defining and Monitoring KRI Assist in implementation of GRC program through GRC Solution

 

 

 

 

(# Institute should be recognised/ approved by Government bodies/ AICTE)

 

 

 

(E)     Digital Lending Department

 

Name of the Post

Scale

No. of vacancies

Age

Educational Qualifications

Other Preferred Qualifications \ Certifications **

Work Experience

Specific \ Preferred Skill

IT (Fintech) - Senior Manager

MMGS III

05

28-37

Minimum                     60%

Marks in B.E./

Full time MBA/ Full time Digital Marketing Certificate from recognised University/ Institute#.

 

The candidate having certifications/ qualification like CCNA / Web Development / Java/ HTML/ NET / Unix/ Oracle/ Sun- Solaris shall be given preference.

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.

   Strong experience in digital (web, mobile, app) platform technologies.

 

 

 

 

B.       Tech           in

   Experience in emerging FinTech platforms and

 

 

 

 

Computer Science/ Information Technology/ Electronics/ Electrical           & Electronics/ Electronics        & Communication

technologies such as distributed ledger technologies

(i.e. blockchain), digital banking, mobile payments, tokenization, artificial intelligence (digital assistants and chatbots), etc.

   Expert knowledge and experience in designing, integrating and managing complex real-time digital solutions

   Excellent technical knowledge of relevant open source and public cloud platforms systems and standards

 

 

 

 

OR

  Experience leading digital (mobile, web, smart apps, etc.) application development projects.

 

 

 

 

MCA  /  M.  Sc.

  Application development and scripting knowledge an advantage;

 

 

 

 

(Computer

  Thorough knowledge of influence marketing, social

 

 

 

 

science/ IT)

listening & experimental digital marketing:

 

 

 

 

 

  Providing Marketing support by suggesting new

 

 

 

 

(# Institute should be          recognized/ approved          by Government bodies/ AICTE)

creative/    products                  based                  on                  market/                  industry requirements.

  Acquisition of customers.

  Increase in income as per the targets relating to digital banking.

 

 

 

 

 

  Proactively arranging meeting with executives of eCommerce players/ Aggregators/ IT vendors.

 

 

 

 

 

  Negotiating/ Interacting with Vendors/ Technology

 

 

 

 

 

Solution Providers to enable to have win-win situation.

 

 

 

 

 

   Ensuring prompt customer service and complaint

 

 

 

 

 

management.

 

 

 

 

 

  Formulation and execution of business strategy/ marketing plan in coordination with Business Analyst and Customer Service Analyst.

  Master/Visa Settlement WCommerce POS / ATM / BC Management ATM/switch Management ISO

8583

 

(F)     Resource Mobilisation Department

 

Name of the Post

Scale

No. of vacancies

Age

Educational Qualifications

Other Preferred Qualifications **

Work Experience

Specific \ Preferred Skill

IT

(Data Analyst)

MMGS III

01

28-37

Minimum 60%

Marks in B.E. / B.

Certification in Data Science / Big data from                      Jigsaw Academy/ Manipal Prolearn / XLRI / Reva University / NMIMS/ IFMR/ IMT /

Atom    Institute     or from any             Govt. approved Universities                        / Institutions#. (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.

Technical skills required:

·  Experience with programming languages frequently used in data science (R, Python like Python, Perl, C/C++, SQL, and Java)

·  Knowledge of Sas and Other Analytical Tools; Experience with developing models using semi structure as well as unstructured data.

·  Natural Language Processing, Web Crawling and Neural Networks.

·  Machine learning/ Artificial Intelligence and parsing.

·  Familiarity with cloud based application/service development.

·  Experience in Relational Databases OR any NoSQL databases including Graph databases.

·  End to end experience from data extraction to modelling and its validation.

·  Experience of working in a project environment as a developer.

Non-Technical Skills:

·  Knowhow of the elements that make up a successful business model;

·  understand data better than anyone else;

·  Strong communication skills as a data scientist / analyst.

·  Excellent communication skills and ability to work as part of a multi- cultural and geographically distributed product development team.

·  Self-motivated,   proactive   and

demonstrating an exceptional drive towards delivery.

Senior Manager

 

 

 

Tech / BSc in

Computer Science/

 

 

 

 

Information

 

 

 

 

Technology/

 

 

 

 

Electronics/

 

 

 

 

Electrical &

 

 

 

 

Electronics/

 

 

 

 

Electronics &

 

 

 

 

Communication

 

 

 

 

OR

 

 

 

 

MCA / M. Sc.

 

 

 

 

(Computer science/

 

 

 

 

IT) /

 

 

 

 

MBA (Business

 

 

 

 

Analytics)/ PG

 

 

 

 

(Statistics)

 

 

 

 

(# Institute should be recognized/ approved              by Government bodies/ AICTE)

Age Relaxation

Category Age Relaxation permissible beyond the upper age limit
Scheduled Caste/Scheduled Tribe 5 years
Other Backward Classes (Non-creamy layer) 3 years
Persons With Benchmark Disabilities as defined under “The Rights of Persons with Disabilities Act, 2016” 10 years
Ex-Servicemen, 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 one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment 5 years
Persons affected by 1984 riots 5 years

Fees

Category Fees (INR)
SC/ST/PWD Rs. 175/- (INTIMATION CHARGES ONLY)
GENERAL & OTHERS Rs. 850/- (APPLICATION FEE + INTIMATION CHARGES)

Important Links

Detail Link (URL)
Official Website Click here
Official Notification Click here
Vacancy Details Click here
Apply Online Click here
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