Bank of Maharashtra

मानव संसाधन प्रबंधन ववभाग

Human Resources Management Department
प्रधान कार्ाालर्: लोकमंगल, 1501, शिवाजीनगर, पुणे - 5
Head Office: LOKMANGAL, 1501, SHIVAJINAGAR, PUNE - 5
टे लीफोन /TELE- 020 : 25614321-477
ईमेल-/ e-mail : [email protected]
AX1/ST/RP/Recruitment/Phase III/2024-25 Date: 04.03.2025
Recruitment Notification
Recruitment Project 2024-25 ~ Phase III
In Scale III, IV, V, VI & VII
BANK OF MAHARASHTRA is one of the leading and top performing Bank in the Industry in several growth
and profitability parameters in the industry. The Bank is setting up its IFSC Banking Unit at GIFT City,
Gandhinagar and requires result-oriented professionals to support its growth trajectory, strengthen
governance and compliance. The Bank invites online applications from candidates for recruitment of
Officers in Scale III, IV, V, VI & VII to be posted at IFSC Banking Unit (IBU).
Details of number of Posts, Reservations, Qualifications, Experience, Age and Job Profile:
Employment No. of Vacancies of which PwBD
Sr Name of the Post Scale Total
Type SC ST OBC EWS UR OC VI HI ID
General Manager -
1 VII Permanent 1 1
IBU
Deputy General
2 VI Permanent 1 1
Manager - IBU
Assistant General
3 V Permanent 1 1
Manager - Treasury
Assistant General
4 Manager - Forex V Permanent 1 1
Dealer
Assistant General
Manager -
5 V Permanent 1 1
Compliance/Risk
Management
Assistant General
6 V Permanent 1 1
Manager - Credit
Chief Manager –
7 Forex/Credit/Trade IV Permanent 1 3 4
Finance
Chief Manager -
8 Compliance/Risk IV Permanent 2 2
Management
Chief Manager -
9 IV Permanent 1 1
Legal
Senior Manager -
10 Business III Permanent 2 2
Development
Senior Manager -
11 Back Office III Permanent 1 4 5
Operations
Total 2 18 20

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

*Abbreviations: SC: Scheduled Caste, ST: Scheduled Tribe, OBC: Other Backward Classes, EWS: Economically
Weaker Section, UR: Unreserved, PwBD: Persons with Benchmark Disabilities, OC: Orthopedically Challenged,
VI: Visual Impairment, HI: Hearing Impairment, ID: Intellectual / Multiple Disabilities.

Page 1 of 21
1. Recruitment of General Manager – IBU (Scale VII):
Post : General Manager – IBU
Qualifications : 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)
Preferred: CFA (CFA Institute –USA) / FRM (GARP)/ PRM (PRMIA)
Experience : 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

Desirable Experience: Exposure of Forex business in Foreign Banks & IFSC

Banking Unit of Public/Private Banks.
1. Appropriate mix of knowledge, skills and operational expertise to ensure
Desired Key Skills effective management of the IBU commensurate with nature, scale and
complexity of the business.
2. Skills to understand regulations and coordinate with stakeholders in the Bank for
business development, compliance, Risk and all other functions as required.
3. Skills to understand Risk and Internal Control functions and ability to represent
and coordinate for the functions with the governing board and other authorities.
4. Awareness of compliance, non-financial and business risks in the applicable
region.
5. Ability to build and develop contacts at the appropriate level with target clients to
support business mobilization with strong negotiation skills.
6. Strong track record in client facing role for fund management and trade finance
to financial institutions
Age : Maximum 55 years
Reporting Authority : The selected candidate will report to CGM / Executive Director handling the portfolio
of IFSC Banking Unit (IBU)
Job Profile : 1. Implementation of Board strategy and directions related to establishment of
International Banking Unit (IBU) with business development & target
achievement.
2. Overall control & supervisory responsibility of the IBU including administrative,
governance and business development.
3. Collaborating with colleagues to leverage the Bank’s existing relationships &
develop a strategy to increase promotion / revenue from such client base.
4. Assist and coordinate business development for the IBU
5. Responsibility for expanding the Deposits, Trade Finance & Lending portfolio
across existing and New-to-Bank (NTB) clients. Execute agreed strategy and
meet agreed revenue targets.
6. Work and coordinate with other product teams in the bank in building out custom
solution for clients. Liaising with Product Management for new and innovative
solutions
7. Extensive client interaction, interaction with risk, legal, compliance, CRM and
tax authorities.
8. Managing business risk, control over daily risks metrics and ensure the IBU is
always audit-ready and compliant. Ensure timely completion of Mandatory
Trainings and compliance with all risk- (both non-financial and financial) related
obligations (non-financial risk, financial risk)
9. Uphold relevant legal, regulatory and Bank policy requirements for all Sales
activities.
10. Being in charge of Know-Your-Customer (KYC) reviews and on-boarding of new
customers.
11. People Management: Being a Senior member of the team, need to have good
communication skills with all internal Stakeholders to deliver services to
Financial Institutional clients.

Page 2 of 21
 12. To communicate effectively at varying levels of seniority (internally and
externally)
The above roles & responsibilities are indicative and bank at its own discretion may
assign KRA or other Roles as per Business need.

2. Recruitment of Deputy General Manager –IBU (Scale VI):

Post : Deputy General Manager –IBU
Qualifications : 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)
Preferred: CFA (CFA Institute –USA) / FRM (GARP)/ PRM (PRMIA)
Experience : 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

And
Current Assignment must be on the Role of AGM (equivalent role in private/foreign
banks) with Minimum 1 Year in Present cadre or Chief Manager (equivalent role in
private/foreign banks) with Minimum 3 Years in present Cadre.

Desirable Experience: Exposure of Forex business in Foreign Banks & IFSC

Banking Unit of Public/Private Banks.
Desired Key Skills 1. Appropriate mix of knowledge, skills and expertise to ensure effective
management of the IBU commensurate with nature, scale and complexity of the
business.
2. Skills to understand regulations and coordinate with stakeholders in the Bank for
business development, compliance, Risk and all other functions as required.
3. Skills to understand Risk and Internal Control functions and ability to represent
and coordinate for the functions with the governing board and India functional
heads.
4. Awareness of compliance, non-financial and business risks in the applicable
region.
5. Ability to build and develop contacts at the appropriate level in target clients to
support business attraction. Strong negotiation skills essential.
6. Strong track record in client facing role for fund management and trade finance
to financial institutions
Age : Maximum 50 years
Reporting Authority : The selected candidate will report to General Manager/ Vertical Head handling the
portfolio of IFSC Banking Unit.
Job Profile : 1. Assistance in implementation of Board strategy and directions related to
establishment of International Banking Unit (IBU) with business development &
target achievement.
2. Collaborating with colleagues to leverage the Banks's existing relationships &
develop a strategy to increase promotion / revenue from such client base.
3. Managerial responsibility of the IBU including administrative, governance and
business development.
4. Support the implementation and rollout of Other Permissible business in IBU &
to assist and coordinate business development for the IBU.
5. Responsible for managing top tier set of clients across Multinational Corporates
and Local Large Corporates from hunting and farming corporate relationships.
6. Responsibility for expanding the Trade Finance & Lending portfolio across
existing and New-to-Bank (NTB) clients. Execute agreed strategy and meet
agreed revenue targets.
7. Supporting the organization and management of events.

Page 3 of 21
 8. Work and coordinate with other product teams in the bank in building out custom
solution for clients. Liaising with Product Management for new and innovative
solutions.
9. Extensive client interaction, interaction with risk, legal, compliance, CRM and tax
authorities.
10. Managing business risk, control over daily risks metrics and ensure the IBU is
always audit-ready and compliant. Ensure timely completion of Mandatory
Trainings and compliance with all risk- (both non-financial and financial) related
obligations (non-financial risk, financial risk)..
11. Uphold relevant legal, regulatory and Bank policy requirements for all Sales
activities.
12. People Management: Being a Second Senior member of the team, need to have
good communication skills with all internal Stakeholders to deliver services to
Financial Institutional clients.
13. To communicate effectively at varying levels of seniority (internally and
externally)
The above roles & responsibilities are indicative and bank at its own discretion may
assign KRA or other Roles as per Business need.

3. Recruitment of Assistant General Manager – Treasury (Scale V):

Post : Assistant General Manager – Treasury
Qualifications : 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)

With Professional certifications in Certified Treasury Professional (CTP) /

Certification in Forex Management (CFM) / from any recognized institute/ Certificate
in International Trade Finance (CITF) / Certificate for Documentary Credit Specialists
(CDCS).
Experience : 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.

Desirable Experience: Exposure of Forex business in Foreign Banks & IFSC

Banking Unit of Public/Private Banks.
Desired Key Skills Applicant must have deep understanding of forex markets with Risk & Control
surrounding this function, currency pairs, economic indicators, geopolitical events
impacting forex trading, regulatory and compliance requirements.
Age : Maximum 45 years
Reporting Authority : The selected candidate will report to Dy. General Manager/ Vertical Head handling
the portfolio of IBU/Treasury
Job Profile : 1. Drive the new Business for Forex products directly by actively managing the
sales process i.e. lead generation, scheduling meetings, explaining the product,
negotiation and closing. Ensure to achieve & rise bank forex business targets
defined for IBU.
2. Overseeing risk exposure related to Forex activities. Monitoring market risks,
liquidity risks, and operational risks, and ensuring compliance with regulatory
requirements.
3. Managing and leading a team of analysts, support staff of Back office/
International Business and others. Further providing guidance to teams of
foreign exchange centers to achieve performance targets and maintain high
standards of service.
4. Building and maintaining relationships with key clients, correspondent Banks
and high-net-worth individuals. Understanding client needs and providing
customized Forex solutions.

Page 4 of 21
 5. Staying updated with global economic trends, geopolitical events, and central
bank policies that impact currency markets.
6. To comply with the various RBI guidelines on FEMA, Trade control regulations
FEDAI rules and UCPDC guidelines etc. Ensuring timely compliance with all
other relevant regulatory requirements and internal policies. Monitoring changes
in regulatory landscape and issuing guidelines based on the regulatory changes.
7. Identifying opportunities for new Forex products or services that can attract new
clients or expand the business with existing clients.
The above roles & responsibilities are indicative and Bank at its own discretion may
assign KRAs or other roles as per business need.

4. Recruitment of Assistant General Manager – Forex Dealer (Scale V):

Post : Assistant General Manager – Forex Dealer
Qualifications : 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)

With Professional certifications in Certified Treasury Professional (CTP) /

Certification in Forex Management (CFM) from any recognized institute.
Experience : 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

Desirable Experience: Exposure of Forex business in Foreign Banks & IFSC

Banking Unit of Public/Private Banks.
Desired Key Skills Applicant must have deep understanding of forex markets with Risk & Control
surrounding this function, currency pairs, economic indicators, geopolitical events
impacting forex trading, regulatory and compliance requirements.
Age : Maximum 45 years
Reporting Authority : The selected candidate will report to Deputy General Manager / Vertical Head
handling the portfolio of IBU / Treasury
Job Profile : 1. Drive the new Business for Forex products. Ensure to achieve & rise bank forex
business targets defined for IBU.
2. Overseeing risk exposure related to Forex trading activities. Monitoring market
risks, liquidity risks, and operational risks, and ensuring compliance with
regulatory requirements.
3. Managing and leading a team of Forex dealers, Analysts, support staff of Forex
Back office/ International Business and others. Further providing guidance to
teams of foreign exchange centers to achieve performance targets and maintain
high standards of service.
4. Developing strategic partnerships and alliances with other financial institutions,
technology providers, or regulatory bodies to enhance service offerings or
expand market reach.
5. Staying updated with global economic trends, geopolitical events, and central
bank policies that impact currency markets. Make informed trading decisions
and provide market insights to clients and internal stakeholders.
6. Keeping abreast of technological advancements in Forex trading platforms,
algorithmic trading, and risk management tools. Implementing innovative
solutions to improve efficiency and client experience.
7. Manage the Forex trading business of the Bank, ensuring profitability, managing
risks, and providing strategic direction in a dynamic and competitive market
environment.
The above roles & responsibilities are indicative and Bank at its own discretion may
assign KRAs or other roles as per business need.

Page 5 of 21
5. Recruitment of Assistant General Manager – Compliance/Risk Management (Scale V):
Post : Assistant General Manger – Compliance/Risk Management
Qualifications : Graduate in any discipline from a recognized University/Institution
And
Financial Risk Management from GARP Or Professional Risk Management
Certification from PRIMA Institute.

Desirable qualification: CFA/ CA/ ICWA/ 2 Years Full Time Post Graduation (MBA /
PGDM/ PGDBF) with a specialization in Finance / Banking/International Business
Experience : Minimum 10 years’ experience in Banking in Officer Cadre out of which Minimum 5
years’ experience in Risk Management/Compliance Dept.

Desirable Experience: Exposure of Forex business/Compliance/Risk Management

in Foreign Banks & IFSC Banking Unit of Public/Private Banks.
Age : Maximum 45 years
Reporting Authority : The selected candidate will report to Deputy General Manager / Vertical Head
handling the portfolio of IBU
Job Profile : 1. The role will be of a Compliance & Risk Officer of IBU
2. Handle the vital role of KYC/AML compliance as key support to the Principal
Officer of IBU and promoting compliance of the regulatory guidelines
3. Handling various business and operations regarding IFSCA regulatory
compliance and manage overall regulatory and other compliance in the
business of IBU transactions.
4. Carrying out, or overseeing the carrying out of, ongoing monitoring of business
relations for compliance with the regulatory guidelines.
5. Informing employees, officers, and representatives promptly of regulatory
changes and dissemination of IFSCA regulations/guidelines/circulars relating to
AML KYC of IBU.
6. Ensuring a speedy and appropriate reaction to any matter in which ML/TF is
suspected.
7. Communicating Regulators, repository agencies such as RBI, FIU IND etc. from
time to time.
8. Responsible for ensuring implementation of AML scenarios as per extant
regulatory guidelines, reviewing and dispose-off alerts/transactions and file
regulatory reports under PMLA such as STR/CBWTR/ NTR or such other extant
regulations as applicable from time to time.
9. Stay abreast of developments in AML including updates from FATF/Sanctions
etc.
10. Interaction with the IFSCA Authority, if required.
11. Formulation and Periodic review of Policies / Product Notes/SOP/SLA with
respect to IBU.
12. Undertaking activities as may be necessary and delegated from time to time.
13. Perform activities related to IBU, as may be required, in coordination with HO
Compliance, including data preparation for return submissions/ad-hoc data
asked by regulators.
14. To perform other Compliance activities as may be assigned by the governing
body.
15. To develop and implement risk management strategies to identify and mitigate
potential risks in international markets, maintaining regulatory ratios including
liquidity, ALM.
16. To monitor global economic, political, legal, and cultural developments to
assess potential risks.
17. To work closely with cross-functional teams (finance, legal, operations) to
analyze and manage risks related to currency exchange, legal compliance, and
geopolitical factors.
18. To recommend risk-reduction strategies and conduct regular risk assessments
to ensure business continuity in foreign markets
19. To manage financial risks associated with international operations, particularly
those related to currency fluctuations, interest rates, and inflation.
20. To develop strategies like hedging or using financial instruments to protect the
business against adverse movements in currency exchange rates and other
financial risks.

Page 6 of 21
 21. To analyze economic conditions in foreign markets and work with finance teams
to forecast and mitigate financial risks.
The above roles & responsibilities are indicative and Bank at its own discretion may
assign KRAs or other roles as per business need.

6. Recruitment of Assistant General Manager – Credit (Scale V):

Post : Assistant General Manger – Credit
Qualifications : 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)
Experience : 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.

Desirable Experience: Exposure of Forex/Credit/Trade Finance in Foreign Banks

& IFSC Banking Unit of Public/Private Banks.
Age : Maximum 45 years
Reporting Authority : The selected candidate will report to Deputy General Manager / Vertical Head
handling the portfolio of IBU.
Job Profile : 1. Undertake credit assessment process & pitch the right product to the right
customer as per their requirement.
2. Monitoring Average TAT of proposals handled at IBU.
3. Consider key market nuances in the credit underwriting process of IBUs
4. Undertake comprehensive opportunity capturing while conducting credit
assessment
5. Ensure maintenance of Healthy credit portfolio of the offshore Unit of Bank.
6. Manage the complete lifecycle of loan process.
7. Keep a track of market factors, indices, policies and regulations and identify their
impact on credit portfolio.
8. Ensure post disbursement documents and covenant management
9. Work closely with internal teams such as legal, technical valuation, filed
investigation, risk containment amongst others
10. Monitor loan utilization, repayment capacity, adherence to policy/guidelines and
loan covenants and other critical processes and compliance checks.
11. Risk assessment, risk quantification and risk mitigating strategies related to large
project finance/large term loan proposals to top management.
12. To convey a clear opinion regarding the feasibility of the proposed transaction,
from a risk point of view covering business model, industry risk, structure and
financial risk. Approval/recommendation of credit limits and transactions.
Conduct ongoing monitoring for existing customers.
13. Conduct periodic company and plant visits as per requirement.
14. Be conversant with the policies & guidelines issued by IFSCA, RBI & GOI &
other regulatory bodies & able to strategize Bank’s policies in the same light.
15. To review existing loan schemes and ensure proper updation of the policy
guidelines as per regulatory guidelines issued from time to time.
The above roles & responsibilities are indicative and Bank at its own discretion may
assign KRAs or other roles as per business need.

7. Recruitment of Chief Manager – Forex/ Credit/ Trade Finance (Scale IV):

Post : Chief Manger – Forex/ Credit/ Trade Finance
Qualifications : 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)
Desirable Qualification: Professional certifications/Certificate Course in Foreign
Exchange/Certificate Course in International Trade Finance/ Certified Credit
Professional from recognized institutions.
Experience : 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 7 of 21
 related guidelines with regulatory requirements, Forex business development &
client acquisitions.
Desirable Experience: Exposure of Forex business in Foreign Banks & IFSC
Banking Unit of Public/Private Banks.
Age : Maximum 40 years
Reporting Authority : The selected candidate will report to Deputy General Manager / Vertical Head
handling the portfolio of IBU.
Job Profile : The job profile will include a range of responsibilities and requires a combination of
financial expertise, strategic thinking. The key roles are as under:
1. Drive the Business for Forex Credit products at IBU
2. Ensure to achieve Bank IBU’s forex business targets and rise forex business
portfolio to higher level.
3. Building and maintaining relationships with key clients, correspondent Banks,
FEDAI etc. Understanding client needs and providing customized Forex
solutions.
4. To comply with the various RBI guidelines on FEMA, Capital account
transactions, Trade control regulations, FEDAI rules and UCPDC guidelines etc.
Ensuring timely compliance with all other
5. Compliance of relevant regulatory requirements and internal policies. This
includes monitoring changes in regulatory landscape and issuing guidelines
based on the regulatory changes.
6. To ensure that the borrowers should not have been placed under Exporters
Caution List of RBI or Specific Approval List of ECGC or Country with which the
exporter wants to deal should not be under Restricted Cover Countries (RCC).
7. To keep a track on FATF compliance and ensuring Credits exposure with various
international sanctions in consideration.
8. Conversant with all regulatory guidelines related to IFSCA/ FEMA/ Foreign
Exchange Operations. Well versed with International Trade Finance related to
Export / Import & Export Import Credit Products.
9. Sound knowledge of Capital account transactions. Capable of handling
customer queries and providing guidelines related to retail remittance, ODI / FDI/
ECB/TRADE CREDIT/FEMA etc.
10. Compliance of all statutory and regulatory requirements pertaining to forex
business. All other functions entrusted by the Banks from time to time related for
forex business.
The above roles & responsibilities are indicative and Bank at its own discretion may
assign KRAs or other roles as per business need.

8. Recruitment of Chief Manager – Compliance/Risk Management (Scale IV):

Post : Chief Manager – Compliance/Risk Management
Qualifications : Graduate in any discipline from recognized University/ Institution
And
Financial Risk Management from GARP Or Professional Risk Management
Certification from PRIMA Institute.

Desirable qualification: CFA/ CA/ ICWA/ 2 Years Full Time Post Graduation (MBA /
PGDM/ PGDBF) with a specialization in Finance / Banking/International Business
Experience : Minimum 8 years’ experience in Banking in Officer Cadre out of which Minimum 3
years’ experience in Risk Management/Compliance Dept.

Desirable Experience: Preference will be given for exposure of Forex business in

Foreign Banks & IFSC Banking Unit of Public/Private Banks.

Age : Maximum 40 Years

Reporting Authority : The selected candidate will report Deputy General Manager/ Vertical Head handling
the portfolio of IBU.
Job Profile : 1. The role is primarily into Anti-money laundering (AML) and Know Your customer
(KYC) compliance at GIFT City IBU and will be a supporting individual to the
Compliance & Risk Officer of IBU.

Page 8 of 21
 2. Handle the vital role of KYC/AML compliance as key support to the Principal
Officer of IBU and promoting compliance of the regulatory guidelines and
supporting in all AML/CFT matters.
3. Support various business and operations regarding IFSCA regulatory
compliance and manage overall AML KYC Compliance risk in the business of
IBU transactions.
4. Carrying out, or overseeing the carrying out of, ongoing monitoring of business
relations for compliance with the regulatory guidelines.
5. Informing employees, officers, and representatives promptly of regulatory
changes and dissemination of IFSCA regulations/guidelines/circulars relating to
AML KYC of IBU.
6. Ensuring a speedy and appropriate reaction to any matter in which ML/TF is
suspected.
7. Communicating Regulators, repository agencies such as RBI, FIU IND etc. from
time to time.
8. Responsible for ensuring implementation of AML scenarios as per extant
regulatory guidelines, reviewing and dispose-off alerts/transactions and file
regulatory reports under PMLA such as STR/CBWTR/ NTR or such other extant
regulations as applicable from time to time.
9. Stay abreast of developments in AML including updates from FATF/Sanctions
etc.
10. Interaction with the IFSCA Authority, if required.
11. Assisting CO in formulation and Periodic review of Policies / Product
Notes/SOP/SLA with respect to IBU.
12. Assist CO in undertaking activities as may be necessary and delegated from
time to time.
13. Perform activities related to IBU, as may be required, in coordination with HO
Compliance Contact and CO, including data preparation for return
submissions/ad-hoc data asked by regulators.
14. To perform other Compliance activities as may be assigned by the governing
body.
15. To develop and implement risk management strategies to identify and mitigate
potential risks in international markets, maintaining regulatory ratios including
liquidity, ALM.
16. To monitor global economic, political, legal, and cultural developments to
assess potential risks.
17. To work closely with cross-functional teams (finance, legal, operations) to
analyze and manage risks related to currency exchange, legal compliance, and
geopolitical factors.
18. To recommend risk-reduction strategies and conduct regular risk assessments
to ensure business continuity in foreign markets
19. To manage financial risks associated with international operations, particularly
those related to currency fluctuations, interest rates, and inflation.
20. To develop strategies like hedging or using financial instruments to protect the
business against adverse movements in currency exchange rates and other
financial risks.
21. To analyze economic conditions in foreign markets and work with finance teams
to forecast and mitigate financial risks.
The above roles & responsibilities are indicative and Bank at its own discretion may
assign KRAs or other roles as per business need.

9. Recruitment of Chief Manager – Legal (Scale IV):

Post : Chief Manager – Legal
Qualifications : Bachelor’s Degree in law from a recognized University/Institute WITH International
Law as subject or Equivalent Certification in International Law.

Desirable qualification: Master’s in law

Experience : 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.

Page 9 of 21
 Desirable Experience: Exposure with Forex business/documentation etc. in
Foreign Banks & IFSC Banking Unit of Public/Private Banks.
Age : Maximum 40 years
Reporting Authority : The selected candidate will report to Asst. General Manager/ Vertical Head handling
the portfolio of IBU
Job Profile : The broad functions of law officer posted at IBU are as under, which are indicative
and may be expanded depending upon the peculiarities and specific requirements
of the IBU-
1. Drafting, vetting and verification of documents for various credit facilities
including consortium facilities and vetting and approval of formats of bank
guarantees.
2. Drafting, vetting and counter vetting of documents/ notices etc. sent by various
stake holders for approval. Vetting and approval of lease deed of premises and
various other property documents. Project approval, opinion on project approval
for financing.
3. Giving opinion and guidance to IBU in matters involving complex legal issues
and complications.
4. Guidance to IBU in all legal matters which involves various facets of Banking.
Attending to all legal cases before various courts like DRT, District courts, High
court, Supreme Court, various Tribunals etc.
5. Issuing legal notices on behalf of bank and replying legal notices received by
the IBU.
The above roles & responsibilities are indicative and Bank at its own discretion may
assign KRAs or other roles as per business need.

10. Recruitment of Senior Manager – Business Development (Scale III)

Post : Senior Manager – Business Development
Qualifications : Two Year Full Time MBA/PGDM In Sales/ Marketing/Banking/Finance/International
Business from recognized University/ Institution

Preferred: Candidates having Passed Certificate Course in Foreign Exchange

operations/Trade
Experience : 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.

Desirable Experience: Exposure of Forex business development in Foreign Banks

& IFSC Banking Unit of Public/Private Banks.
Desired Key Skills 1. Excellent Communication Skill
2. Negotiation Skills
3. Relationship Management Skill
4. Structuring of the deal
5. Soft Skills
6. Proficient in creating and delivering presentations
Age : Minimum: 25 Years & Maximum 38 Years
Reporting Authority : The selected candidate will report to Assistant General Manager/Vertical Head
handling the portfolio of IBU.
Job Profile : 1. Identify and acquire new clients for forex products and services focusing on both
domestic and international markets.
2. Develop strategies to attract corporate clients, SMEs, and high-net-worth
individuals (HNWIs) for forex services.
3. Promote and sell forex-related products and drive revenue growth by achieving
sales targets related to forex transactions and products.
4. Analyze market trends, forex rates, and competitor offerings to identify new
business opportunities.
5. Provide regular market insights and performance reports to senior management
and clients.
6. Understand clients’ specific forex requirements and recommend the best
solutions to optimize their currency management strategies.
7. Build and maintain long-term, strong relationships with new and existing clients,
ensuring high levels of satisfaction and retention.

Page 10 of 21
 8. Provide ongoing support to clients by offering timely advice, updates on market
conditions, forex solutions and smooth transaction processing.
9. Address client concerns, resolve issues, and ensure smooth execution of forex
transactions.
10. Meet or exceed monthly, quarterly, and annual sales targets for forex acquisition
and revenue generation. Track performance and adjust strategies to meet
business objectives
The above roles & responsibilities are indicative and Bank at its own discretion may
assign KRAs or other roles as per business need.

11. Recruitment of Senior Manager – Back Office Operations (Scale III):

Post : Senior Manager – Back Office Operations
Qualifications : 2 Years Full Time Post Graduation (MBA / PGDM/ PGDBF) with a specialization in
Finance / Banking/International Business from recognized University/ Institution.
Experience : 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)
Desirable Experience: Exposure of Forex business in Foreign Banks & IFSC
Banking Unit of Public/Private Banks.
Age : Minimum: 25 Years & Maximum 38 Years
Reporting Authority : The selected candidate will report to Asst. General Manager/ Vertical Head handling
the portfolio of IBU
Job Profile : 1. To ensure receipt, accounting and maintenance of all transactional records.
2. To ensure routing all FEX transactions through CBS Module/ Menu/ SWIFT, to
ensure maintenance of accounts, registers, books, etc. relating to foreign
business at IBU
3. To assist supervisors at IBU in ensuring all compliance laid by authorities like
IFSCA/RBI and SEZ Authority.
4. Ensure proper bookkeeping to ensure IBU is always audit ready.
5. Ensuring that forex and treasury transactions (such as foreign currency
exchange, bonds, derivatives, and other financial instruments) are processed,
settled, and reconciled accurately and on time.
6. Verifying and reconciling daily trade and transaction data, ensuring all records
match with bank statements and financial systems.
7. Assisting in the monitoring and management of risk exposure by maintaining up-
to-date records on positions and margin requirements.
8. Ensuring that transactions comply with regulatory requirements, maintaining
accurate documentation, and generating required reports for internal and
external stakeholders.
9. Supporting the treasury and forex systems to ensure smooth functionality,
assisting with software upgrades, and troubleshooting issues.
10. Monitoring and managing cash flows, ensuring that the required liquidity is
available to meet operational needs and short-term funding requirements.
11. Acting as a liaison between front office teams, accounting, and compliance
departments to ensure accurate flow of information and timely resolution of any
discrepancies.
The above roles & responsibilities are indicative and Bank at its own discretion may
assign KRAs or other roles as per business need.

A. Note:

1. The above number of vacancies are provisional and may vary according to actual requirement
of the Bank, subject to availability of suitable candidates.

2. The candidates belonging to reserved category for which no reservation has been announced
are free to apply for vacancies announced for unreserved categories. However, they must fulfil
all the eligibility conditions of unreserved category.

Page 11 of 21
3. The selected candidates will be posted anywhere in India, depending on the requirement
of the Bank. The job role / description is only indicative and not exhaustive, applicants
must fulfil their duties in accordance with the tasks that are assigned to them.

4. The cut- off date for Eligibility Criteria (Age, Qualification, Work Experience) and other
details is 28.02.2025.

5. Candidate must ensure continuity in service. If gap in service due to unexplainable

reason is revealed in later stages, then candidature will be cancelled.

6. Before applying, candidates are requested to ensure that they fulfill the eligibility criteria for the
post as on the date of eligibility. Incomplete application forms are liable for rejection.

7. Candidates are advised to check Bank’s website regularly for details and updates. No separate
intimation / advertisement etc. will be issued in case of any change / update.

8. Vacancies reserved for OBC category are available only to the 'Non-creamy layer' OBC
candidates. 'Creamy layer' OBC candidates should indicate their category as 'General'.
Vacancies for PwBD category candidates are reserved horizontally. @ PWBD categories under
clauses ‘d’ & ‘e’ of Section 34(i) of RPWD Act 2016 – (i) “Specific Learning Disability” (SLD); (ii)
“Mental Illness” (MI); (iii) “Multiple Disabilities” (multiple disabilities amongst LD, VI, HI, SLD &
MI).

9. Reservation for Economically Weaker Section (EWS) in recruitment is governed by Office

Memorandum no. 36039/1/2019-Estt (Res) dated 31.01.2019 of Department of Personnel &
Training, Ministry of Personnel, Public Grievance & Pensions, Government of India. Benefit of
reservation under EWS category can be availed upon production of an ‘Income and Asset
Certificate’ issued by a Competent Authority on the format prescribed by Government of India.

10. Reservation for Persons with Benchmark Disabilities (PwBD): 4% horizontal reservation
has been provided to Persons with Benchmark Disabilities as per section 34 of “Rights of
Persons with Disabilities Act, 2016”.

11. 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 an Officer as per Bank’s
requirement. Educational degree must be from recognized University / Institute approved by
Govt. of India or its regulatory bodies.

12. The date of passing eligibility examination will be the date appearing on the mark sheet or
provisional certificate issued by the University/ Institute. In case the result of a particular
examination is posted on the website of the University/ Institute, a certificate issued by the
appropriate authority of the University/ Institute indicating the date on which the result was
posted on the website will be taken as the date of passing.

13. Candidate should indicate the percentage obtained in Graduation calculated to the nearest two
decimals in the online application. Where CGPA/ OGPA is awarded, the same should be
converted into percentage and indicated in the online application. If called for interview, the
candidate will have to produce a certificate issued by the appropriate authority inter alia stating
the norms of the University regarding conversion of grade into percentage and the percentage
of marks scored by the candidate in terms of these norms.

Page 12 of 21
14. Calculation of Percentage: The percentage marks shall be arrived at by dividing the total marks
obtained by the candidate in all the subjects in all the semester(s)/ year(s) by aggregate
maximum marks in all the subjects irrespective of honours /optional/ additional optional subject,
if any. This will be applicable for those Universities also where Class/ Grade is decided on basis
of Honours marks only. The fraction of percentage so arrived will be ignored i.e. 59.99%
will be treated as less than 60%.

15. In case of any candidate completed the Diploma Course and directly got entry into second year
/ semester in degree course by getting exemption of few semesters / years then only those
semesters / years marks would be considered which are part of bachelor’s degree, neither
diploma marks nor any exempted semesters/ years marks shall be considered for eligibility. The
same shall also be applicable for other degree courses.

B. Age Limit: Relaxation in upper age limit (As on 28.02.2025):

Sr. Category Age relaxation

01 Scheduled Caste/ Scheduled Tribe 5 Years
02 Other Backward Classes (Non-Creamy Layer) 3 Years
03 Persons With Benchmark Disabilities PwBD (SC/ ST) 15 Years
(PWBD) PwBD (OBC) 13 Years
PwBD (GEN/ EWS) 10 Years
04 Ex Servicemen, Commissioned officers including Emergency 5 Years
Commissioned Officers (ECOs)/ Short Service Commissioned Officers
(SSCOs) who have rendered 5 years military service and have been
released on completion of assignment (including those whose
assignment is due to be completed within 6 months 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.
05 Persons affected by 1984 riots 5 Years

C. Category: -

Please note that change of category will not be permitted at any stage after submission of online
application. Candidates belonging to OBC category but coming in the 'CREAMY LAYER', are not
entitled to OBC reservation and age relaxation. They should indicate their category as 'GEN' or
'GEN (OC)' or 'GEN (VI)' or GEN (HI) or GEN (ID) (as applicable).

D. Candidates with record of default in repayment of loans/ credit card dues and/ or against
whose name adverse report of CIBIL or other external rating agencies is available are not
eligible for appointment. Candidates against whom there is / are adverse report regarding
character & antecedents, moral turpitude are not eligible to apply for the post. Candidates
who have been found guilty in any departmental investigation are ineligible for the
positions.

E. Career Path, Joining and Training:

Page 13 of 21
1. The selected candidates, at the time of joining, will have to execute a Bond to serve the Bank
for stipulated period. The Bond will be invoked by the Bank if the candidate resigns from the
service of the Bank before expiry of bond period from the date of joining.

2. On joining, the selected candidates will be designated as above mentioned post and will be on
probation for a period of 6 months. 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.

3. If any candidate fails to achieve minimum standards stipulated, his / her services may be
terminated from the Bank. 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.

F. Emoluments: Presently, the starting basic pay applicable is as under:

1 Scale of Pay : Scale VII 156500 – 4340/4 – 173860
2 Scale of Pay : Scale VI 140500 – 4000/4 – 156500
3 Scale of Pay : Scale V 120940 – 3360/2 – 127660 – 3680/2 – 135020
4 Scale of Pay : Scale IV 102300 – 2980/4 – 114220 – 3360/2 – 120940
5 Scale of Pay : Scale III 85920 – 2680/5 – 99320 – 2980/2 - 105280
The official will also be eligible for D.A, H.R.A / Lease rental, C.C.A, Medical and other allowances
etc. & perquisites as per rules in force from time to time. Allowances may vary depending upon the
place of posting.

G. Confirmation:

The confirmation of newly recruited officers will be subject to satisfactory completion of stipulated
probation period i.e. 6 months.

H. Probation Period & Bond:

The selected candidates will be on probation for the under-mentioned period from the date of joining
the Bank. There is mandatory provision of executing a service bond by selected candidates.

Bond
Scale Probation Period
Amount Rs. Minimum Service Period
Scale VII 6 Months 02.00 Lakh 2 Years
Scale VI 6 Months 02.00 Lakh 2 Years
Scale V 6 Months 02.00 Lakh 2 Years
Scale IV 6 Months 02.00 Lakh 2 Years
Scale III 6 Months 02.00 Lakh 2 Years

I. Nationality / Citizenship:

A candidate must be either (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

Page 14 of 21
and Zanzibar), Zambia, Malawi, Zaire, Ethiopia or Vietnam with the intention of permanently settling
in India, provided that of a candidate belonging to categories (ii), (iii), (iv) & (v) above shall be a
person in whose favor a certificate of eligibility has been issued by the Govt. of India.
A candidate in whose case a certificate of eligibility is necessary may be admitted to
examination/Group discussions/interview conducted by the Bank, but on final selection, the offer of
appointment will be given only after submitting certificate of eligibility, issued to him/her by
Government of India, to the Bank.

J. Selection Procedure:

1. Selection will be through examination (if required) and personal interview / discussion. A
preliminary screening of applications may be carried out by the Bank to shortlist eligible
candidates with reference to candidate’s qualifications, suitability / experience etc.

2. Final Selection will be on the basis of marks secured by the candidate in personal interview /
discussion. The allocation of marks for personal Interview is 100. The candidate should score
minimum 50 marks (45 in case of SC/ST/PwBD) to qualify in the interview. In case more than
one candidate scores 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. Bank may change the mode
of selection depending upon the number of applications received.

3. While short listing the candidates, bank may consider additional qualification/s, greater
experience and level of responsibilities handled etc. Thus, merely fulfilling minimum
qualification and experience criteria would not automatically entitle a candidate for the
interview and the bank as per decided criteria shall shortlist the candidates for interview
and accordingly only such candidates will be allowed to participate in recruitment
process.

4. Bank reserves the right to conduct written examination depending upon number of
applications received, if deemed fit and proper.

5. Mere eligibility / admission to Group Discussions / Interview / pass in GD/ interview does not
imply that the Bank is satisfied beyond doubt about the candidate’s eligibility and shall not vest
any right in a candidate for selection.

6. The Bank would be free to reject the candidature of any candidate at any stage of recruitment
process, if he / she is found to be ineligible and / or furnished incorrect or false information /
certificates / documents or has suppressed any material facts and the fees paid by the ineligible
candidates shall be forfeited. If appointed, such a candidate may be summarily removed from
the services of the Bank.

K. List of document/s to be produced at the time of interview:

The following documents in original together with a self-attested photocopy in support

of the candidate’s eligibility and identity are to be invariably submitted at the time of
interview failing which the candidate may not be permitted to appear for the interview.
Non-submission of requisite documents by the candidate at the time of interview will debar his
candidature from further participation in the recruitment process.

1. Printout of the valid Interview Call Letter.

2. Printout of the submitted application form.
3. Proof of Date of Birth (Birth Certificate issued by the Competent Municipal Authority or SSLC/
Std. X Certificate with DOB).

Page 15 of 21
4. For the purpose of identification, please bring Passport /Aadhar Card/ PAN card / Voter ID /
Driving License / any other Photo ID card issued by Statutory Authorities where photograph is
affixed.
5. Mark sheets / Certificates from SSC examination onwards to the highest examination
passed.
6. Certificates, as specified in the eligibility criteria.
7. Individual Semester / Year wise Mark sheets & certificates for educational qualifications
including the final degree. Proper document from Board/ University for having declared the result
on or before cut-off date has to be submitted.
8. Please bring a detailed specific and explicit experience certificate including details of full name,
full address and telephone numbers of employers, period of experience with exact dates,
designation held, nature of duties handled/ Job Profile, number of persons working under you,
nature of Projects handled etc.
9. Income and Asset Certificate issued by competent authority, strictly in the prescribed format
as stipulated by Government of India and valid for the Year 2024-25, in case of EWS
(Economically Weaker Sections) category candidates.
10. Caste Certificate issued by competent authority, strictly in the prescribed format as stipulated
by Government of India, in case of SC / ST / OBC (NCL) category candidates.
11. In case of candidates belonging to OBC category, candidate must produce OBC (Non-Creamy
Layer) certificate issued on or after 01.04.2024 & should specifically contain a clause that the
candidate does not belong to creamy layer section excluded from the benefits of reservation
for Other Backward Classes in Civil post & services under Government of India. OBC caste
certificate containing the non-creamy layer clause should be valid as on the date of interview if
called for. Caste Name mentioned in certificate should tally letter by letter with Central
Government list / notification.
12. An Ex-serviceman candidate has to produce a copy of the Service or Discharge Book along with
pension payment order and documentary proof of rank last / presently held (substantive as well
as acting) at the time of interview.
13. Persons eligible for age relaxation under B(5) (Persons affected by 1984 riots) must produce a
certificate from the District Magistrate to the effect that they are eligible for relief in terms of the
Rehabilitation Package for 1984 Riot Affected Persons sanctioned by the Government and
communicated vide Ministry of Finance, Dept. of Financial Services Communication
No.F.No.9/21/2006-IR dated 27.07.2007.
14. Any other relevant documents in support of eligibility.

Note: Candidates will not be allowed to appear for the interview if he/ she fails to produce
the relevant eligibility documents as mentioned in point no. 1 to 14.

L. How to apply:
1. Applicants have to submit their applications on (www.bankofmaharashtra.in/current-openings )
along with self-attested documents.
2. Last date for submission of application is 15.03.2025. The Candidate will not be able to submit
application after the stipulated date & time.
3. All eligible and interested candidates should apply on or before 15.03.2025.
4. Incomplete applications or not supported by requisite documents will be rejected.
5. Application fee/Intimation Charges to be remitted by the applicants along with the application for
Recruitment is as under inclusive of GST @ 18% on application fee (Non-Refundable):

Sr Category Application Fee /

Intimation GST Total
Charges
01 UR / EWS / OBC 1000 180 1180

Page 16 of 21
 02 SC / ST /PwBD 100 18 118

6. Mode of Payment: - Application Fee/ Intimation Charges will be payable Online through
payment gateway.
7. Applications once submitted will not be allowed to withdraw and fee once paid will not be
refunded on any ground nor can it be held in reserve for any other examination or selection.
Eligible candidate has to apply through online mode only and no other means / modes of
application are acceptable.
8. Candidates are requested to apply online between 04.03.2025 and 15.03.2025.

Particulars Date
Last Date of Submission of Application 15.03.2025

M. Documents required to be uploaded while submitting online application form

(Mandatory):

(a) Educational Certificates: Relevant Mark-Sheets/ Degree Certificate

1. 10th Certificate and Mark-sheet
2. 12th Certificate and Mark-sheet
3. Diploma certificate together with semester / year wise marksheets, wherever applicable
4. Graduation semester / year wise mark-sheets along with degree certificate.
5. Post-Graduation semester / year wise mark-sheets along with degree certificate
6. Professional Degree: - semester / year wise mark-sheets along with degree certificate
7. Certificates: Additional certificates, as specified in the eligibility criteria
(b) Experience certificate/s.
(c) Ensure Submission of brief resume along with one of the experience letter.

Note: Non-submission of documents mentioned above as per the Post Applied, leads to
rejection of candidate application.

Guidelines for Scanning and Uploading Documents online is annexed as Annexure 1.

N. General Information:

1. Candidates are advised to keep a copy of their online application form.

2. Candidates should satisfy themselves about their eligibility for the Post applied for. The Bank
would conduct written exam (if required) for all the candidates applying for the posts with the
requisite fee based on the information furnished in the online application. The bank shall
determine their eligibility at the time of interview and may verify thereafter at every stage of
recruitment.
3. Candidates are advised in their own interest to apply online well before the closing date and not
to wait till the last date.
4. Bank of Maharashtra does not assume any responsibility for the candidates not being able to
submit their applications within the last date on account of aforesaid reasons or for any other
reason beyond the control of the Bank.
5. Candidates, if selected, should submit an unconditional / clear discharge from the present
employer at the time of joining the Bank, failing which the candidature shall be liable for
cancellation.
6. In case of selection, candidates will be required to produce proper discharge certificate from the
employer at the time of taking up the appointment.

Page 17 of 21
7. The original documents regarding eligibility criteria and proof of date of birth should be produced
for verification on the date of interview. Candidate will not be allowed to attend the interview
if original certificates are not produced for verification on the date of interview.
8. Caste certificate issued by Competent Authority on the format prescribed by the Government of
India will have to be submitted by the SC/ ST /OBC(NCL)/EWS candidates, if called for interview.
9. Benefit of reservation under EWS category can be availed upon production of an ‘Income and
Asset Certificate’ issued by a Competent Authority on the format prescribed by Government of
India.
10. Candidates are advised to keep their e-mail ID alive for receiving advices / communications.
11. The Job Profile / Job Role / Reporting Authority as in the advertisement is indicative and
subjected to change as per administrative requirements.
12. As the records for this project will not be maintained after one year on declaration of result, the
information / data regarding this project will not be available thereafter.
13. After a candidate is selected but before joining the Bank, the candidate will be required to
provide details regarding criminal case(s) pending against him/her, if any. The Bank may also
conduct independent verification, inter alia including verification of police records etc. The Bank
reserves right to deny the appointment depending upon such disclosures and/or independent
verification.
14. Any legal proceedings in respect of any matter of claim or dispute arising out of this
advertisement and/ or an application in response thereto can be instituted only in Pune and
Courts/ Tribunals/ Forums at Pune only shall have sole and exclusive jurisdiction to try any
cause/ dispute. Bank reserves right to change / modify / cancel the recruitment process at any
stage fully or partly on any grounds and such decision of the Bank will not be notified or intimated
to the candidates.
15. The cut-off date for Post qualification experience is as given in this notification (i.e. 28.02.2025).
Only experience after acquiring the educational qualification notified for eligibility will be
considered. The candidate must provide the proof of the claimed work experience. The
experience certificate(s) for the period given in the application should be issued by the
Competent Authority of the respective employer/s, clearly stating the period, Post(s) held and
nature of duties performed by the applicant. Candidate must ensure continuity in service, any
Gap in service due to unexplainable reason will lead to rejection of candidate’s application.

16. The applicants will be called for the Interview on the basis of the information provided by them
in their applications without verification of their age or qualification or category or any
other eligibility criteria. The applicants must, therefore, ensure that they fulfill all the
notified eligibility criteria as on the cut-off date prescribed in this notification, have
possession of the requisite documents / certificates specified by the Bank, and that the
particulars furnished in their Application are complete, true and correct in all respects.

Merely appearing in the Interview or being called by the Bank for the Interview shall not imply
that the Bank is satisfied about the eligibility of the applicant. Bank may verify the eligibility of
the candidates at any stage of recruitment or thereafter and reserves right to terminate the
service of provisionally selected candidates if found ineligible for the post.

17. The Bank reserves the right to alter, modify or change the eligibility criteria and / or any of the
other terms and conditions spelt out in this Notification.

18. Candidates should mention all the qualifications and experience in the relevant field over and
above the minimum one suggested herein above and should attach attested copies of the
certificates in support thereof. The Bank reserves the right to call only the requisite number of

Page 18 of 21
 candidates for the Group discussions/Interview after preliminary screening /short listing with
reference to candidate’s qualifications / suitability and experience etc.

19. The Bank reserves the right to change / modify the selection procedure / hold supplementary
process, if necessary. The changes, if any, shall be intimated to the candidates through Bank’s
website / registered e-mail in advance. When called for Group Discussions (GD) and / or
Interview, candidates must bring original documents for verification. Candidates will not be
allowed to participate in GD and / or Interview without production of the original documents.

20. The candidate called for Interview will be informed through Bank’s website/registered e-
mail ID/SMS as per information provided by them in the application. Though bank puts
maximum efforts to send the communication by e-mail/SMS, if any candidate does not
receive the same due to technical or any other reasons, bank shall not be responsible for
non-receipt of communication. The candidates are advised to visit Bank’s website
frequently for updates.

21. The Candidates should ensure that they fulfil all eligibility criteria. Their candidature at all the
stages of recruitment process will be purely provisional subject to satisfying prescribed
eligibility criteria mentioned in this advertisement.

22. The above number of vacancies are provisional and may vary according to actual requirement
of the Bank, subject to availability of suitable candidates. The candidates belonging to reserved
category for which no reserved vacancies have been announced are free to apply for vacancies
announced for unreserved category. However, they must fulfil all the eligibility criteria of
unreserved category.

23. If any false / incorrect information furnished by the candidate is detected at any stage of
recruitment process, the candidate will be disqualified from the selection process and liable to
terminate the services, if appointed.

24. If the candidate knowingly or willfully furnishes incorrect or false particulars or suppresses
material information, the candidate will be disqualified and if appointed, shall be liable for
dismissal from the Bank’s service without any notice or assigning any whatsoever reasons.

25. The decision of the Bank in all matters relating to recruitment shall be final and no individual
correspondence will be entertained. Applications received after due date will not be entertained.
The Bank is not responsible for any technical or other reasons or delay.

26. The recruitment in Bank of Maharashtra is done strictly as per merit in a systematic way.
Canvassing in any form will disqualify the candidate.

27. The Bank reserves the right to cancel the Recruitment at any stage through this Advertisement
fully or partly on any grounds and such decision of the Bank will not be notified or intimated to
the candidates.

28. Appointment of selected candidate is subject to his/her being declared medically fit as per the
requirement of the Bank. Such appointment will also be subject to the Service & Conduct Rules
of the Bank.

Page 19 of 21
29. The selected candidate will be on probation and after completion of active service from the date
of joining, their confirmation in the Bank`s service will be decided in terms of the provision of the
Bank of Maharashtra (Officers) Service Regulations.

30. Candidates applying under reserved category should submit the related certificates in the format
prescribed by the Government of India. Relaxation in age will be given to the reserved category
candidates as per extant guidelines of Government of India.

31. The candidates against whom any Disciplinary Action is / was initiated and minor / major
punishment is / was imposed, such candidates are not eligible to apply for any post.

32. During the examination (if required), at any stage, if it is observed that the scribe is
independently answering the questions or violating the guidelines, the exam session may be
terminated and candidate’s candidature will be cancelled. The candidature of such candidates
using the services of scribe will also be cancelled if it is reported / transpired after the
examination by the test administrator that the scribe independently answered the questions.
O. Announcements:
All further announcements/ details pertaining to this process will be published/ provided only on
www.bankofmaharashtra.in from time to time. No separate advertisement will be issued in this
regard.

P. Disclaimer:
In case it is detected at any stage of recruitment that a candidate does not fulfil the eligibility norms
and/ or that he/ she has furnished any incorrect/ false information or has suppressed any material
fact(s), his/ her/ their candidature will stand cancelled.

If any of these shortcomings is/ are detected even after appointment, his/ her/ their services are
liable to be terminated. Decisions of bank in all matters regarding eligibility, conduct of online
examination / other tests / selection would be final and binding on all candidates. No
representation or correspondence will be entertained by the Bank in this regard.

For more details, please visit bank’s website (www.bankofmaharashtra.in/current-openings ). Online

applications for submission shall be open from 04.03.2025 to 15.03.2025. Before applying
candidates are advised to ensure that they fulfil the stipulated eligibility criteria as per the details on
bank’s website.

Helpdesk: In case of any problem in filling up the online application form, payment of fee / intimation
charges, interview call letter contact helpdesk no. 020-25614561 & may be lodged on email
[email protected] . Candidates should mention “Bank of Maharashtra- Recruitment
Project 2024-25 ~ Phase III” in the subject of the email.

Sd/-
General Manager
HRM

Page 20 of 21
 Annexure 1
Guidelines for Scanning and Uploading Documents online
1. Photograph: (4.5cm × 3.5cm)
• Photograph must be a recent passport style color picture.
• Make sure that the picture is in color, taken against a light-colored, preferably white,
background.
• Look straight at the camera with a relaxed face
• If the picture is taken on a sunny day, have the sun behind you, or place yourself in the
shade, so that you are not squinting and there are no harsh shadows
• If you have to use flash, ensure there's no "red-eye"
• If you wear glasses make sure that there are no reflections and your eyes can be clearly
seen.
• Caps, hats and dark glasses are not acceptable. Religious headwear is allowed but it must
not cover your face.
• Dimensions 200 x 230 pixels (preferred)
• Size of file should be between 20kb–50 kb
• File type: jpg / jpeg
• Ensure that the size of the scanned image is not more than 50kb. If the size of the file is
more than 50 kb, then adjust the settings of the scanner such as the DPI resolution, no. of
colors etc., during the process of scanning.
• Photo uploaded should be of appropriate size and clearly visible.
2. Signature:
• The applicant has to sign on white paper with Black/Blue Ink pen.
• Dimensions 140 x 60 pixels (preferred)
• Size of file should be between 10kb – 20kb
• File type: jpg / jpeg
• Ensure that the size of the scanned image is not more than 20kb
• Signature (NOT IN CAPITAL LETTERS) uploaded should be of appropriate size and
clearly visible.
1. Hand-written declaration Image:
• The applicant has to write the declaration in English clearly on a white paper with black
ink.
• File type: jpg / jpeg
• Dimensions: 800 x 400 pixels in 200 DPI (Preferred for required quality) i.e. 10 cm * 5 cm
(Width * Height)
• File Size: 50 KB – 100 KB
• Note: The hand written declaration has to be in the candidate’s hand writing and in English
only. The text should NOT BE IN CAPITAL LETTERS. If it is written by anybody else and
uploaded or in any other language, the application will be considered as invalid. Below the
typed declaration and upload the document as per specifications.
The text for hand written declaration is as follows:

“I, __________ (Name of the candidate), hereby declare that all the information submitted by me in the
application form is correct, true and valid. I will present the supporting documents as and when required.”

2. Required Supporting Documents:

• Document must be clearly visible.
• File type: PDF format
• File Size: Max. 5 MB

Page 21 of 21