if you are looking for the bank of Baroda careers then a bank of Baroda recruitment 2021 for multiple positions. here you get a bank of Baroda jobs informations. BOB invites applications for various jobs. All the BOB Recruitment information is given in this article if you want to apply for a bank of Baroda vacancy then you can apply the bank of Baroda jobs link which is given at the end of the article.

Bank of Baroda Careers

Bank of Baroda careers
Name of OrganisationBank of Baroda
Official Websitewww.bankofbaroda.in
Total Vacancies511
Application Start Date09/04/2021
Last Date of Apply29/04/2021

Details of Positions

SnPost and
Vacancies
Age
(as on 01.04.2021)
Education
(as on 01.04.2021)
Work Experience
(as on 01.04.2021)
1Sr. Relationship
Manager
(407 Vacancies)
Min: 24 Years
Max: 35 Years
A Degree (Graduation) in any discipline from a
University recognized by the Govt. Of India./Govt.
bodies/AICTE
Desirable qualification/certification :
2 years full-time Post Graduate Degree /
Diploma in Management
Regulatory certifications e.g. NISM/IRDA
Minimum 3 Years of Experience as Relationship
Manager in Wealth Management with Public
Banks / Private Banks / Foreign Banks / Broking
Firms / Security Firms / Asset Management
Companies
Proficiency/knowledge in local
language/area/market/clients is desirable
2e- Wealth
Relationship
Manager
(50 Vacancies)
Min: 23 Years
Max: 35 Years
A Degree (Graduation) in any discipline from a
University recognized by the Govt. Of India./Govt.
bodies/AICTE
Desirable qualification/certification :
2 years full-time Post Graduate Degree /
Diploma in Management
Regulatory certifications e.g. NISM/IRDA
Minimum 2 Years of Experience as Relationship
Manager in Wealth Management with Public
Banks / Private Banks / Foreign Banks / Broking
Firms / Security Firms / Asset Management
Companies
OR
2 years’ experience in sales/ services of High
Value financial products through digital medium
(telephone/video or web).
3Territory Head
(44 Vacancies)
Min: 27 Years
Max: 40 Years
A Degree (Graduation) in any discipline from a
University recognized by the Govt. Of India./Govt.
bodies/AICTE
Desirable qualification/certification :
2 years full-time Post Graduate Degree /
Diploma in Management
Regulatory certifications e.g. NISM/IRDA
Minimum 6 years of experience in Relationship
Management in Wealth Management out of which
minimum 2 years as a Team Lead.
Proficiency/knowledge in local
language/area/market/clients is desirable
4Group Head
(6 Vacancies )
Min: 31 Years
Max: 45 Years
A Degree (Graduation) in any discipline from a
University recognized by the Govt. Of India./Govt.
bodies/AICTE
Desirable qualification/certification :
2 years full-time Post Graduate Degree /
Diploma in Management
Regulatory certifications e.g. NISM/IRDA
Minimum 10 Years of experience in managing
sales in Wealth Management/Retail Banking/
Investments in the financial service industry.
Should have managed a large team of
Relationship Managers & Team Leads at
Regional Level at least for 5 years.
5Product Head
(Investment &
Research)
(1 Vacancy)
Min: 28 Years
Max: 45 Years
A Degree (Graduation) in any discipline from a
University recognized by the Govt. Of India./Govt.
bodies/AICTE
Desirable qualification/certification :
2 years full-time Post Graduate Degree /
Diploma in Management
Minimum 7 years of experience as Investments
product/advisory /strategy Manager.
6Head
(Operations &
Technology)
(1 Vacancy)
Min: 31 Years
Max: 45 Years
A Degree (Graduation) in any discipline from a
University recognized by the Govt. Of India./Govt.
bodies/AICTE
Minimum 10 Years of experience in financial
services, investment, and private banking out of
which minimum 8 years of experience in setting
up and Managing Mid Office, Back Office and
Branch Operations of Wealth Management set
up.
Exposure to Digital Sales will be preferred.
7Digital Sales
Manager
(1 Vacancy)
Min: 26 Years
Max: 40 Years
A Degree (Graduation) in any discipline from a
University recognized by the Govt. Of India./Govt.
bodies/AICTE
Minimum 5 years of experience in driving sales of
investment products through digital channels.
8IT Functional
Analyst-
Manager
(1 Vacancy)
Min: 26 Years
Max: 35 Years
A Degree (Graduation) in any discipline from a
University recognized by the Govt. Of India./Govt.
bodies/AICTE
Preference shall be given for candidates who
possess degree in
Engineering/Science/Technology.
Minimum 5 years of experience in building and
managing a technology platform and
infrastructure in wealth management set up.

REMUNERATION

Remuneration offered will be on a Fixed Salary basis depending on the applicant’s educations, experience, overall suitability, last
drawn salary of the applicants, and market benchmarks for the respective posts. Apart from the Fixed Salary, the applicant selected for
Position No. 1 to 4 will be suitable for Performance Linked Variable Pay which will be over and above the Fixed Salary but linked to the
accomplishment of specific goals.

Nature of Employment

Contractual Engagement for a duration of 5 years, with the periodic performance review. The tag of engagement may be extended at the option of the Bank.

Roles and Responsibilities

PositionResponsibilities
Senior
Relationship
Manager
Will be responsible for revenues on Liabilities and wealth management products
All banking service queries will be passed on to the Customer Service Executive (CSE)
Review customer wealth needs and proactively engage with the customer to validate the understanding of his needs
Review product penetration for the assigned client base, identify potential customers who can be sold tailored products to enhance product penetration
Ensure coverage of all relationships through customer engagements, risk profiling, and financial planning
All loans and cross-sell referrals will be passed on to the respective units.
Organize customer events to enhance customer bonding
Acquire new customers through converting referral leads
Ensure that KYC/AML and other compliance norms are strictly adhered to
Complete all mandatory certifications within 90 days of joining the role and continuously keep yourself updated on changes in products, processes, and compliance / regulatory norms
Provide complete and comprehensive information on products, services, charges, etc. proactively to the customer and ensure the best services are provided to them
The candidate should have adequate experience in building and managing relationships with High Networth Clients [Clients having a minimum Total Relationship Value (TRV) of 30.00 lakh].
e-Wealth
Relationship
Manager
Will be responsible for managing HNI clients from various locations managed from a centralized hub.
Will be responsible for revenue on Liabilities and Wealth Management products.
Will be responsible for revenues on Liabilities and wealth management products
All banking service queries will be passed on to the Customer Service Executive (CSE) attached to them.
Review customer wealth needs and proactively engage with the customer to validate the understanding of his needs
Review product penetration for the assigned client base, identify potential customers who can be sold tailored products to enhance product penetration
Ensure coverage of all relationships through customer engagements, risk profiling, and financial planning
All loans and cross-sell referrals will be passed on to the respective units.
Organize customer events to enhance customer bonding
Acquire new customers through converting referral leads
Ensure that KYC/AML and other compliance norms are strictly adhered to
Complete all mandatory certifications within 90 days of joining the role and continuously keep yourself updated on changes in products, processes, and compliance / regulatory norms
Provide complete and comprehensive information on products, services, charges, etc. proactively to the customer and ensure the best services are provided to them
Must possess sound communication skills.
Territory HeadDefining and Implementing marketing and sales strategies for the affluent segment in line with corporate vision and plan
Designing, implementing and monitoring sales and services for RMs, and CSE’s.
To ensure that sales and service targets are assigned for RMs and CSE’s and respective performance
against KRA is measured periodically and course correction undertaken if required
Tracking and reporting sales performance across revenue line including transaction pipeline, acquisition results and market conditions
Performance Measurement of RMs, Coaching and Mentoring the RMs .
Manages sales leads being worked across products from identification and initial contact to closure,
carefully tracking and actioning leads across the sales cycle
Conducting research to understand target prospects, setting appointments, meeting key clients and
consultatively offering the most appropriate proposition and services
Generating new business opportunities from internal and external sources, including existing clients and other channels within the bank
Conducting Individual and Joint Performance reviews for all profiles reporting to the TH
Ensuring all legal and compliance requirement is met and all ROE’s are adhered to
Keeping up-to-date on products, competition in the financial services space
Building internal and external relationships and creating business development opportunities through referrals
Group HeadDefining and Implementing a corporate strategy for the affluent segment in the area in line with corporate vision and plan
Designing market and sales strategy for the area covering acquisition, management of existing client base, tracking and monitoring sales across business lines in his / her area
Manage, coach, and mentor territory managers in achieving their KRA’s and outperforming on the decided benchmarks
Engage with key clients (Individual and corporates) and help in driving key business deals and
transactions
Build internal and external relationships to help create business development opportunities
Foster a performance led and ethical culture in the area
Conducting Individual and Joint Performance reviews for all profiles reporting to him /her
Responsible for legal and compliance requirement being met in the region
Product Head –
Investment and
Research
Discovery and Insight – Develop ongoing market Insight, segment markets, define customer targets,
assess customer needs, create customer personas, identify sector trends, evaluate competitors and
offerings, compare competitive products, formulate strategy, establish a strategic baseline, configure
product SWOT, determine life cycle state, uncover opportunities, integrate product roadmap, align cross-functional teams.
Product planning and introduction – Prioritise opportunities, produce opportunity statement, shape value the proposition, assert competitive positioning, derive forecasts, compose product requirements, prepare
launch plan, define market mix model, establish future metrics, conduct ‘make’ vs. ‘buy’ analysis, organize product launch, activate marketing plan, oversee and process/systems enhancements and sales training.
Portfolio review and performance management – Develop market insight, conduct post-launch audits,
reassess sector movement, revaluate competitor actions, evaluate KPIs and metrics, analyze product and portfolio performance, refine pricing, improve/adjust marketing and promotional plans, assess channel performance, rationalize portfolios (life-cycle), refine/discontinue products.
Respond in a timely fashion to all inquiries/requests for product information and/or changes.
Review regulatory framework to ensure compliance of all products and processes with evolving
regulatory framework.
Undertakes financial modeling on products/services (both individual and packaged) and target markets to facilitate understanding of product/service/target market activity and profitability for reporting to internal stakeholders and business seniors.
Produces reports and drafts proposals for key HNI relationships by appropriate assessment of client’s risk/reward
Operations,
Technology Head
Will be responsible for operations/client service through client service executives
Responsible to evolve effective systems and procedures for wealth products booking and back office platforms.
Liaise with Senior Relationship Managers, Territory Heads and Group Heads for enhancing customer
relationships
This position will coordinate the implementation of Wealth Management technology and operations
Solution
Will be responsible for the proper roll-out of wealth management solution within the Bank’s hierarchy.
Digital
Sales Manager
Will be responsible for driving sales of investment through digital mode.
Responsible for implementing digital initiatives/projects to leverage the technology.
IT Functional
Analyst- Manager
To coordinate with the busine ss and IT team for all the evolving wealth management needs.
To coordinate with all tie partners and the IT team of the bank to give optimal IT solutions for integration of products and ease of transactions and renewals.
SPOC for all the functional IT initiatives for the wealth management department.

Selection Procedure

  • Selection will be based on shortlisting and subsequent rounds of Personal interviews and/or Group Discussion and/or any other selection method.
  • Bank maintains the authority to change (cancel/ modify/ add) any of the standards, method of selection, etc.
  • The Bank reserves its authority to call applicants in a ratio, at its sole discretion, as per the Banks needs.
  • suitable candidates as decided by the organization will be shortlisted based on their education, experience, and overall suitability for the Interview process. Most suitable candidates will be called for the selection process (GD/PI/any other selection method) and merely applying/being eligible for the post does not entitle the candidate to be invited for the selection process.
  • A candidate should eligible in all the processes of selection i.e. GD and/or PI and/or other selection methods (as the case may be and should be sufficiently high in the merit to be shortlisted for the subsequent process.
  • In case more than one applicant scores the cut-off marks (common mark at cut-off point), such applicants will be ranked according to their age in descending order.
  • Minimum required marks for UR/EWS applicants shall be 60% of the Marks and for SC/ST/OBC/PWD applicants, the same shall be 55% of the Marks. However, the Bank reserves the full right to modify the Minimum Qualifying score at any stage.
  • Method for Selection for the Position of Territory Head & Sr. Relationship Manager:
    • Applications for the position of Territory Head / Sr. Relationship Manager are invited cities/locations wise.
    • The shortlisting of candidates, an invitation for the selection process, and preparation of a merit list shall be location-wise for these vacancies.
    • The provisional number of positions for each location is as listed above. However, the Bank at its discretion reserve the right to change/add/reduce the positions/locations as per the business needs, administrative considerations, and/or performance of applicants in the selection process or any other condition.

How To Apply

  1. Applicants should check Bank of baroda’s career page www.bankofbaroda.co.in/Careers.htm and register themselves online in the proper Online Application Format, available through the link being enabled on the Career Page -> Current Opportunities on the Bank’s website & pay the application fees using Debit Card / Credit Card / Internet Banking, etc.
  2. Applicant required to upload their Bio-data while filling online application form. Applicant are also required to upload their scanned photograph, signature, and other documents related to their eligibility. with reference to Annexure-II regarding scanning of photograph & signature.
  3. Applicants are requested to carefully fill in the online application form themselves as no change in any of the information filled in the online application will be possible/ entertained. Prior to submission of the online application, Applicants are advised to confirm the details in the online application form and modify the same if needed. No change is granted after clicking on SUBMIT button. Visually Impaired Applicants will be responsible for getting the details filled in/carefully verifying, in the online application form and confirming that the same are true prior to submission as no change is granted after submission of application form.
  4. The name of the applicant should be spelled correctly in the application form as it appears in the certificates/ mark sheets. Any change/ alteration found may reject the application.
  5. An online application that is not complete in any respect and unsuccessful fee payment will be considered as invalid.
  6. candidates will also be preferred to submit supporting documents such as DOB Proof, Category/PWD Certificate, Experience Letter, education Certificate, Document showing Break up of CTC, last Salary Slip (e.g. Feb/March 2021), etc. candidate are advised in their own interest to apply online much before the end date and not to wait till the end date to avoid the possibility of disconnection/inability/failure to log on to the career portal on account of heavy load on the internet or website jam
  7. Bank of Baroda not responsible for the applicants 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 of Baroda.
  8. Applicants applying for the position of Territory Head and Sr. Relationship Manager have to select the city/location from the list given at the time of submission of the application .

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Payment of Fees

  1. Application fees and Intimation Charges (Non-refundable) Rs. 600/-for UR and OBC applicants (plus applicable GST & transaction charges) and Rs. 100/- for SC/ ST/PWD/Women applicants (plus applicable GST & transaction charges). The bank is not responsible if any of the applicant makes more than one payment/s and no request for refund of fees shall be entertained.
  2. Fee payment will have to be made online through the payment gateway available on website.
  3. After confirming the correctness of the particulars of the application form, applicants are required to pay fees through the payment gateway integrated with the application. No change/edit will be allowed there after.
  4. The fees can be made by using Debit Card / Credit Card / Internet Banking etc. by providing data as asked on the screen. Transaction fees for payment, if any, will be borne by the applicants.
  5. On successful completion of the transaction, an e-receipt and application form with the data entered by the applicant will be generated, which should be printed and retained by the applicant.
  6. If the online transaction is unsuccessful, please register again and do payment online.
  7. There is also a facility to again print the application form containing fee details, at a later stage.

Notification : Click Here

Apply Link : Click Here


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