Bank of Maharashtra Recruitment 2025 – Scale III, IV, V, VI & VII Posts – Apply Online from 04-Mar-2025 to 15-Mar-2025.

Bank of Maharashtra Recruitment 2025: 20 Manager Posts; Apply Here!

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Bank of Maharashtra Recruitment 2025: Bank of Maharashtra has issued recruitment notification No: AX1/ST/RP/Recruitment/Phase III/2024-25 to fill 20 vacancies for Scale III, IV, V, VI & VII posts. The online application process will be open on the official website @ https://bankofmaharashtra.in/ from 04-Mar-2025 to 15-Mar-2025.

Bank of Maharashtra Vacancy Details March 2025

Organization Name Bank of Maharashtra
Job Category Central Govt Jobs
Employment Type Regular Basis
Post Details 20 Scale III, IV, V, VI & VII Posts
Salary Rs.85,920 – 1,73,860/- Per Month
Start Date 04.03.2025
Last Date 15.03.2025
Job Location All Over India
Apply Mode Online
Official Website https://bankofmaharashtra.in/

Virudhunagar DCPU Recruitment 2025 – Vacancy Details

General Manager – IBU (Scale VII) 01 Post
Deputy General Manager – IBU (Scale VI) 01 Post
Assistant General Manager – Treasury (Scale V) 01 Post
Assistant General Manager – Forex Dealer (Scale V) 01 Post
Assistant General Manager – Compliance/Risk Management (Scale V) 01 Post
Assistant General Manager – Credit (Scale V) 01 Post
Chief Manager – Forex/Credit/Trade Finance (Scale IV) 04 Posts
Chief Manager – Compliance/Risk Management (Scale IV) 02 Posts
Chief Manager – Legal (Scale IV) 01 Post
Senior Manager – Business Development (Scale III) 02 Posts
Senior Manager – Back Office Operations (Scale III) 05 Posts

Bank of Maharashtra Recruitment 2025 – Qualification Details

General Manager – IBU (Scale VII) 2 Years Full Time Post Graduation (MBA / PGDM/ PGDBF) with a specialization in
Finance / Banking/International Business from recognized University/Institution
Or Chartered Accountant (CA).

15 years of experience in Officer Cadre of Public/Private/Foreign Banks, with Minimum 5 Years of Relevant work experience in Global Trade Business (GTB) and International Banking
Or
With Minimum 5 years of Experience in any Offshore Banking Unit
And
Current Assignment must be on the Role of DGM (equivalent role in private/foreign banks) with Minimum 1 Year in Present cadre or AGM (equivalent role in private/foreign banks) with Minimum 3 Years in present Cadre

Deputy General Manager – IBU (Scale VI) 2 Years Full Time Post Graduation (MBA / PGDM/ PGDBF) with a specialization in Finance / Banking/ International Business from recognized University/Institution Or Chartered Account (CA).

12 years of experience in Officer Cadre of Public/Private/Foreign Banks, with Minimum 5 Years of Relevant work experience in Global Trade Business and International Banking
Or
With Minimum 5 years of Experience in any Offshore Banking Unit

Assistant General Manager – Treasury (Scale V) 2 Years Full Time Post Graduation (MBA / PGDM/ PGDBF) with a specialization in Finance / Banking/International Business from recognized University/Institution.
Or Chartered Accountant (CA)
Or Chartered Financial Analyst (CFA).

Minimum 10 years’ experience in Banking in Officer Cadre out of which Minimum 5 years’ experience in front/Mid/Back office of Treasury in BFSI Institutions with key role in Forex business development, acquisition & Forex Client Relationship Manager Or Minimum 5 years’ experience in International Banking Department/ AD Branch with Key Role in International Trade Finance.

Assistant General Manager – Forex Dealer (Scale V) 2 Years Full Time Post Graduation (MBA / PGDM/ PGDBF) with a specialization in Finance / Banking/International Business from recognized University/Institution.
Or Chartered Accountant (CA)
Or Chartered Financial Analyst (CFA).

Minimum 10 years’ experience in Banking in Officer Cadre out of which Minimum 5 years’ experience in Front/Mid/Back office of Treasury in BFSI Institutions with key role in Forex Trading (Inter-Bank & Corporate), Investment Banking & Derivative
Experience

Assistant General Manager – Compliance/Risk Management (Scale V) Graduate in any discipline from a recognized University/Institution
And
Financial Risk Management from GARP Or Professional Risk Management Certification from PRIMA Institute.

Minimum 10 years’ experience in Banking in Officer Cadre out of which Minimum 5 years’ experience in Risk Management/Compliance Dept.

Assistant General Manager – Credit (Scale V) 2 Years Full Time Post Graduation (MBA / PGDM/ PGDB) with a specialization in Finance / Banking/International Business from recognized University/ Institution.
Or
Chartered Accountant (CA).

Minimum experience of 10 years’ post qualification experience as an officer out of which 5 years’ experience should be in processing of Commercial Credit / Project Finance / Mid & Large Credit in Public Sector Banks/ Reputed Private Sector Banks

Chief Manager – Forex/Credit/Trade Finance (Scale IV) 2 Years Full Time Post Graduation (MBA / PGDM/ PGDBF) with a specialization in Finance / Banking/International Business from recognized University/ Institution. Or Chartered Accountant or Chartered Financial Analyst (CFA).

Minimum 8 years’ of work experience in Officer Cadre banking out of which 3 years’ in Forex & Treasury in any Bank/Financial Institution with key role in Forex Branch, Operations analytical knowledge on forex exposure, Knowledge of FEMA/FEDAI Page 8 of 22 related guidelines with regulatory requirements, Forex business development & client acquisitions.

Chief Manager – Compliance/Risk Management (Scale IV) Graduate in any discipline from recognized University/ Institution And Financial Risk Management from GARP Or Professional Risk Management Certification from PRIMA Institute.

Minimum 8 years’ experience in Banking in Officer Cadre out of which Minimum 3 years’ experience in Risk Management/Compliance Dept.

Chief Manager – Legal (Scale IV) Bachelor’s Degree in law from a recognized University/Institute WITH International Law as subject or Equivalent Certification in International Law.

Minimum experience of 8 years of practicing as an advocate independently or Law Firm of good repute before a District Court /High Court or DRT or working with any organization (public / private), out of which at least 2 years of working as a Law Officer in a Scheduled Commercial Bank dealing with documentation related to international banking, forex lending, trade finance etc.

Senior Manager – Business Development (Scale III) Two Year Full Time MBA/PGDM In Sales/ Marketing/Banking/Finance/International Business from recognized University/ Institution.

Minimum 5 years’ experience in Public / Private / Foreign Banks/ Financial Institutions with at least 2 years work experience in NRI Client Acquisition, Forex business development in Officer cadre.

Senior Manager – Back Office Operations (Scale III) 2 Years Full Time Post Graduation (MBA / PGDM/ PGDBF) with a specialization in Finance / Banking/International Business from recognized University/ Institution.

Minimum 5 years’ experience in Public / Private / Foreign Banks/ Financial Institutions with at least 2 years work experience in Back office of Treasury (Forex/Domestic)

Virudhunagar DCPU Recruitment 2025 – Age Limit Details

General Manager – IBU (Scale VII) Maximum 55 years
Deputy General Manager – IBU (Scale VI) Maximum 50 years
Assistant General Manager – Treasury (Scale V) Maximum 45 years
Assistant General Manager – Forex Dealer (Scale V) Maximum 45 years
Assistant General Manager – Compliance/Risk Management (Scale V) Maximum 45 years
Assistant General Manager – Credit (Scale V) Maximum 45 years
Chief Manager – Forex/Credit/Trade Finance (Scale IV) Maximum 40 years
Chief Manager – Compliance/Risk Management (Scale IV) Maximum 40 years
Chief Manager – Legal (Scale IV) Maximum 40 years
Senior Manager – Business Development (Scale III) 25 to 38 Years
Senior Manager – Back Office Operations (Scale III) 25 to 38 Years

Bank of Maharashtra Recruitment 2025 – Salary details

Scale VII Rs.156500 – 173860/- Per Month
Scale VI Rs.140500 – 156500/- Per Month
Scale V Rs.120940 – 135020/- Per Month
Scale IV Rs.102300 – 120940/- Per Month
Scale III Rs.85920 – 105280/- Per Month

Bank of Maharashtra Recruitment 2025 – Application Fee

  • For SC / ST / PwBD Candidates : Rs.118
  • For UR / EWS / OBC Candidates : Rs.1180
  • Mode of Payment : Online

Bank of Maharashtra Recruitment 2025 – Selection Process

  • Written Exam (if required)
  • Personal Interview / Discussion

How to apply for Bank of Maharashtra Recruitment of Manager Posts

  • Interested and eligible candidates must visit the Bank of Maharashtra official website (https://bankofmaharashtra.in/) to complete the online application. The registration process will be open from 04.03.2025 to 15.03.2025.

About Bank of Maharashtra

  • Bank of Maharashtra is an Indian public sector bank headquartered in Pune. The bank had 30 million customers across the country with 2263 branches as of June 2024. It has the largest network of branches of any nationalised bank in the state of Maharashtra.State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan and deposit growth in percentage terms during 2022-23. The Pune-headquartered lender also recorded highest growth in profitability with bottomline growing almost 126 per cent to Rs 2,602 crore during the year.

Important Dates

  • Start Date to Apply Online : 04.03.2025
  • Last Date to Apply Online : 15.03.2025

Important Links

Official Website: Click Here
Official Notification: Click Here
Online Application Link: Click Here


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