BANK OF MAHARASHTRA, leading listed Public Sector Bank with Head Office in Pune and all India network of branches invites online application from candidates for recruitment of Generalist Officers in Scale II. Bank's success depends upon dedicated and skilled employees. Working in any aspect of banking can not only be very rewarding and fulfilling but also provide interesting new challenges every day. There is always a need for banks to recruit trained, talented, motivated, resourceful and customer-oriented manpower on continuous basis to maintain requisite staff strength.

Age Relaxation to reserved category is applicable as per Government guidelines.

 POST NAME : Generalist Officer MMGS Scale – II
 NO. of Posts : 150 (One Hundred Fifty Only).

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 / ICWA / CFA / FRM from a recognized University/ Institution/ Board recognized by Govt. of India / approved by Govt. Regulatory bodies.

Minimum 25 years and Maximum 35 years.
(Relaxation for reserved categories will be applicable as per Government guidelines).

(a) Overall control on Branch working. Business development. Public Relations & maintaining liaison with authorities of Govt. / RBI / Public. Finalisation of performance budget and fulfilment of targets. Monitoring of credit portfolio / Upgradation of NPAs / Recovery in NPAs. Exercise sanctioning powers both lending & non lending / administrative and reporting to higher authorities.

(b) Carrying out of Due diligence on credit proposals assigned, Timely completion of Review / Renewals as Appraiser, including Credit Risk Assessment proposals. Securing maximum marks for the AMT in Credit Audit in Pre-Sanction. Assisting Relationship Manager in achieving Budgeted growth in Advances for the AMT.

(c) Adhering to Turn around Time for processing New / Existing proposals. Ensuring ABS considered for the proposals are the same as filed with ROCs. Ensuring achievement of satisfactory RAROC (Risk adjusted Return on Capital) for each unit in the AMT KRAs Responsible for Analysis and appraisal of credit proposal including Ad hoc facilities / structuring / rehabilitation proposals/any other type of business or general proposal pertaining to the unit. Ensuring timely / review/renewal of credit limits. Pre- Sanction Stage. Ensuring compliance of KYC norms. Updation of periodical due diligence reports as per RBI guidelines. Obtaining data/information from customers for assessment and processing of the proposal. Interacting with key officials in the borrowing units for obtaining data/statements etc.

(d) Customer Meets, Supervise job rotation. Follow up of inspection & audit reports & ensuring rectifications. All correspondence relating to Head Office, Zonal Office, Redressal of complaints. Over all control on housekeeping. Ensuring that the Bank’s systems & procedures are properly followed at the Branch. Giving greater attention to planning for business development, charting strategies for growth, expanding customer base through requisite customer relationship measures, scouting for avenues to expand credit portfolio qualitatively & quantitatively, Management of NPAs, Liaison with local authorities, Govt. departments, Large Institutions, Corporates & high net worth clients etc. to ensure that the Branch is on the path of accelerated growth & improves market share.

(e) Maintaining effective Public Relations and ensure courtesy in dealing with the customers and public in person, in correspondence and on telephone. Avoid confrontation by resolving the issues tactfully. Ensure adherence to Telephone Discipline by all the members of staff. Maintaining effectiveness in branch operations and in customer service. Dispose the matters as per the rules in force except those that require the personal attention of the Branch Manager. Redressal of the grievances of customers as per rules / guidelines duly bringing to the notice of the Branch Head unpleasant instances, if any, happened in his absence.

(f) Ensure maintenances of adequate stock of security items, passbooks, publicity literature and various forms required for deposits & advances and other transactions. Monitoring the matters related to claims to the assets of the deceased customers and ensuring their quick disposal as per prevalent guidelines. Be aware and authorize the return of cheques of customers in the absence of Branch Head and ensure to bring the same to the notice of the Branch Head.

(g) Attend to effective cash management. Joint custody of cash, Supervision over tallying cash, physical [from docket & cash reports in system], Authorize cash transactions, authorizing transactions within his powers, ensure smooth Day-begin, Day-end of the branch software systems, Verify & ensure prompt submission of periodical returns in conformity with the prescriptions in schedule of returns through concerned departmental Officers / Staff. Ensure periodical balancing / tallying of books of accounts and monitoring of fraud prone sundry items as prescribed. Scrutiny of daily vouchers, verification, protection and preservation of voucher bundles and records in use. Assisting in segregation and destruction of old records as per the policy after obtaining permission from the competent authority.

(h) Monitor preparation of annual indent of stationery and security items as per norms. Monitor and maintain close watch on current accounts, big accounts, newly opened accounts and other institutional accounts which form sizable share in total deposits. Ensure maintenance of registers for cash transactions exceeding Rs. 10.00 lacs and observations of KYC norms at the time of opening of accounts and monitoring of large value transactions.

(i) Ensure periodical verification of securities and attend to orderly arrangement of joint custody items duly getting relevant registers updated as a joint custodian. Facilitate taking note of exceptions appearing in exceptional reports by Branch Head and enforce steps to reduce such items. Take steps in consultation with Branch Head to plug loopholes in transgressions on systems and procedures or unfair practices that may cause operational risks / future losses. Advise the staff to adhere to the laid down systems and procedures and to avoid shortcuts bypassing the guidelines. Ensure maintenance of mandatory registers like customer complaint register, AOD registers etc.

Also Candidate should be proficient in computers; good in inter-personal communication skills, analytical skills and drafting skills. The appointment of officers is on PAN India basis and the selected candidates are liable to be posted anywhere in India as a Branch Manager / Officer as per Bank’s requirement. Graduation in any discipline from a recognized University or any equivalent qualification recognized as such by the Central Government. Candidates having Integrated Dual Degree (IDD) certificate should ensure that the date of passing the IDD is on or before 31.12.2020.

The selected candidates will be exposed to basic banking knowledge, after joining, through an online course and will have to complete this course before stipulated date. The selected candidates, at the time of joining, will have to execute a Bond for a value of Rs. 02.00 lakh (Rs. Two lakh only) to serve the Bank for a minimum period of one year. The Bond will be invoked by the Bank if the candidate resigns from the service of the Bank before expiry of one year from the date of joining. On joining, the selected candidates will be designated as “Generalist Officers” and will be on probation for one year. They will be subjected to continuous assessment during the probation period. Those candidates who qualify in the assessment as per standards determined by the Bank from time to time, will be confirmed in the Service of the Bank. If any candidate fails to achieve minimum standards stipulated, his / her services may be terminated from the Bank in force at the significant time. Bank provides immense opportunities for growth in career, including opportunities for posting in various sections. The attractive promotion policy of the Bank provides an opportunity to the meritorious and exceptionally brilliant officers to reach the Top Management Grade in a reasonably quick time.

Scale of Pay – Scale - II - Rs. 48170 – (1740/1) - 49910 – (1990/10) – 69810.

The official will also be eligible for D.A, H.R.A / Lease rental, C.C.A, Medical and other allowances etc. in a Metropolitan center & perquisites as per rules in force from time to time. Allowances may vary depending upon the place of posting.

The selected candidates will be on Probation for a Period of ONE YEAR from the date of joining the Bank.

(i) A Citizen of India or
(ii)A subject of Nepal or
(iii) subject of Bhutan or
(iv) a Tibetan Refugee who came over to India before 01st Jan 1962 with the intention of permanently settling in India or
(v) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania ( Formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.

01. The candidates shall be required to appear for online examination to be conducted through IBPS. The successful candidates shall be called for interview in the proportion of 1:4 based on their ranking. The allocation of marks for online examination and Interview is 150 & 100 respectively which will be converted into 60:40. 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.

02. 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.

03. 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.

Examination consisting of Objective Test for 150 marks will be conducted online. The test will have four Sections (with separate timings for each section) as follows:

(i) Candidates are advised to go to the Bank’s website www.bankofmaharashtra.in and click on the ‘Careers ’ Recruitment Process Current Openings to open the link “Online application for recruitment of “GENERALIST OFFICERS IN SCALE II 2021-22” and then click on the option “APPLY ONLINE” which will open a new screen.

(ii) To register 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.

(iii) 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.

(iv) 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 SUBMIT BUTTON.

(v) The Name of the candidate or his / her father / husband etc. should be spelt correctly in the application as it appears in the Certificates / Mark sheets. Any change/alteration found may disqualify the candidature.

(vi) Validate your details and Save your application by clicking the Validate your details’ and ‘Proceed’ button.

(vii) Candidates can proceed to upload Photo, Signature, Left Thumb Impression & Hand Written Declaration as per the specifications given in the Guidelines for Scanning and Upload of Photograph and Signature.

(viii)Candidates can proceed to fill other details of the Application Form.

(ix) Click on the Preview Tab to preview and verify the entire application form before FINAL SUBMIT.

(x) Modify details, if required, and click on ‘FINAL SUBMIT’ ONLY after verifying and ensuring that the photograph, signature uploaded and other details filled by you are correct.