Bank of Baroda Recruitment 2023 for 46 Vacancies: Check Posts, Qualifications, Salary, How to Apply
Bank of Baroda (BOB) one of India's largest banks, has announced a recruitment 2023 drive for qualified and experienced Wealth Management Professionals to strengthen its Wealth Management Services Department on a contract basis.
Bank of Baroda Recruitment 2023 for 46 Wealth Managment Vacancies
Bank of Baroda Recruitment 2023 for 46 Vacancies: Check Posts, Qualifications, Salary, and How to Apply Here
Bank of Baroda Recruitment 2023: Bank of Baroda (BOB) one of India’s largest banks, has announced a recruitment 2023drive for qualified and experienced Wealth Management Professionals to strengthen its Wealth Management Services Department on a contract basis. The bank is seeking professionals to fill 46 various positions, including Regional Acquisition Manager, National Acquisition Head, Head-Wealth Technology, NRI Wealth Products Manager, Product Manager (Trade & Forex), and Wealth Strategist (Investment & Insurance). As per Bank of Baroda Recruitment 2023 Official Notification the online registration for the positions begins on February 22, 2023, and the last date for registration and payment of fees is March 14, 2023.
As per Bank of Baroda Recruitment 2023 Official Notification the job openings are on a contract basis, and candidates who are selected will be engaged on a contractual basis for an initial period of three years, extendable at the discretion of the Bank. Candidates are advised to note that post-qualification experience below six months in any organization will not be considered, and the age limit varies for each position.
Educational Qualification for Bank of Baroda Recruitment 2023:
As per Bank of Baroda Recruitment 2023 Official Notification the educational qualification for given vacancies are as given below:
Regional Acquisition Manager: A Degree (Graduation) in any discipline from a University recognized by the Govt. Of India./Govt. bodies/AICTE preferably 2 Year Full Time MBA/Post Graduate Degree /Diploma in Management equivalent, from reputed Colleges.
National Acquisition Head: A Degree (Graduation) in any discipline from a University recognized by the Govt. Of India/Govt. bodies/AICTE preferably 2 Year Full Time, MBA/Post Graduate Degree /Diploma in Management equivalent, from reputed Colleges.
Head-Wealth Technology: A Degree (Graduation) in any discipline from a University recognized by the Govt. Of India./Govt. bodies/AICTE. Desirable: Degree in Engineering/Science/Technology.
NRI Wealth Products Manager: A Degree (Graduation) in any discipline from a University recognized by the Govt. Of India/Govt. bodies/AICTE.
Product Manager: Graduate from Government recognized University or Institution.
Wealth Strategist (Investment & Insurance): A Degree (Graduation) in any discipline from a University recognized by the Govt. Of India/Govt. bodies/AICTE. Desirable qualification: 2 years full-time Post Graduate Degree / Diploma in Management.
Trade Regulation –Sr. Manager: Graduate from Government recognized University or Institution.
Group Sales Head (Virtual RM Sales Head): A Degree (Graduation) in any discipline from a University recognized by the Govt. Of India/Govt. bodies/AICTE. Desirable qualification: 2 years full-time Post Graduate Degree / Diploma in Management.
Private Banker: A degree (Graduation) in any discipline from a University recognized by the Govt. Of India/Govt. bodies/AICTE. Desirable Qualification: 2 years full-time Post Graduate Degree/ Diploma in Management, CFP, CFA or equivalent qualifications.
Product Head: Private Banking: A degree (Graduation) in any discipline from a University recognized by the Govt. Of India/Govt. bodies/AICTE.
Sales Head: A degree (Graduation) in any discipline from a University recognized by the Govt. Of India./Govt. bodies/AICTE. Desirable: Degree/Master’s Degree in Marketing.
Work Experiance for Bank of Baroda Recruitment 2023:
As per Bank of Baroda Recruitment 2023 Official Notification the required work experience for given vacancies are as given below:
Regional Acquisition Manager: Minimum 5 years of experience in Acquisitions/Relationship management, out of which 2 years as a Team Lead of an Acquisition/Relationship manager’s team.
National Acquisition Head: Minimum 10 years of experience in managing sales in Wealth Management/Retail Banking/Investments in the financial service industry and should have managed a large team of Acquisition/Relationship Managers & Team Leads for at least 5 years.
Head-Wealth Technology: Minimum 10 years of experience in financial services, investment, and private banking out of which a minimum 8 years of experience in building and managing a technology platform and infrastructure in a wealth management setup. Exposure to Digital Sales will be preferred.
NRI Wealth Products Manager: Minimum 5 years of experience in product management/channel management/relationship management in any Public/Private/Foreign Banks. Understanding of process and systems including Investments, core banking, remittances & forex, etc. for NRI Segment. Excellent communication skills to handle cross-functional teams and vendors. Strong understanding of internal processes and systems. Strong analytical & execution skills. Excellent interpersonal skills to handle cross-functional teams.
Product Manager (Trade & Forex): Minimum 3 years of relevant work experience. Sound understanding of Forex and Derivatives. Good understanding of trade products and the entire trade life cycle. Sound knowledge of forex business. Excellent understanding of Forex, MM and Derivatives Products. FX, OTC trade processing background with risks and controls surrounding this function. Understanding of LC, BG, Package credit, pre-shipment, and post-shipment.
Wealth Strategist (Investment & Insurance): Minimum 3 years of experience as a Relationship Manager/ Investment Counsellor in Wealth Management. Excellent knowledge of Investment Products, PMS, AIF, Mutual Fund, Insurance etc.
Trade Regulation- Sr. Manager: Minimum of 3 years of relevant work experience. Must have work experience of at least 2 years in any Private or Public Bank or any financial institution in the same job role
Sound knowledge of FEMA and other Forex-related guidelines Well versed with the RBI guidelines on remittance for NRI clients and entrepreneurs Knowledge of bank product offerings for NRI clients and entrepreneurs
Group Sales Head (Virtual RM Sales Head): Minimum of 10 years of relevant work experience in financial services and investment advisory, out of which a minimum 5 years of experience in Wealth Management. Prior experience of handling virtual Relationship Manager sales center/outbound sales in call centre/outbound tele-sales.
Private Banker – Radiance Private: Minimum of 12 years of relevant work experience in financial services, investment advisory or private banking, out of which a minimum 8 years of experience is in Wealth Management or related profiles. Excellent knowledge of private banking products and services, including investments (mutual funds, PMS, AIFs, structured products), insurance (life, health, general), banking products (assets as well as liabilities), trusts, as well as advisory services
Product Head- Private Banking: Minimum of 3 years of relevant work experience. Must have experience of handling clients segments having TRV of Rs 15 Cr and above. Must be well-versed with investment, insurance, derivative products, etc. Ability to coordinate with various departments like trade, forex, project finance, merchant banking, syndication, venture capital, and private equity. Must have sound knowledge of the prevalent ecosystem of Private Wealth in the industry.
Radiance-Private Sales Head: Relevant work experience of minimum 15 years with 3 years’ experience in a Private Banking/Private Wealth business in a supervisory position with Public Banks/Private Banks/Foreign Banks/Broking Firms/Security Firms/Asset Management Companies.Degree/Master Degree in Marketing (Desirable)
Nature of Employment for Bank of Baroda Recruitment 2023:
As per Bank of Baroda Recruitment 2023 Official Notification the nature of employment for this position is contractual engagement for a period of 5 years, with periodic performance reviews. The contract may be extended at the option of the Bank, based on the performance of the employee.
Selection Process for Bank of Baroda Recruitment 2023:
As per Bank of Baroda Recruitment 2023 Official Notification the selection procedure for the contractual engagement will involve shortlisting of candidates based on their qualifications, experience, and overall suitability for the interview. The Bank may also conduct a group discussion or any other selection method. It reserves the right to change the criteria, and method of selection, or call candidates in a ratio as per its requirement.
The Bank will shortlist an adequate number of candidates at its discretion, and the most suitable ones will be invited for the selection process. However, being eligible or applying for the post does not guarantee an invitation to the selection process.
Candidates must qualify in all the selection rounds, such as group discussion and/or personal interviews and/or any other method. They should also secure sufficiently high merit to be shortlisted for the subsequent process.
In case of a tie between candidates scoring the same cut-off marks, the Bank will rank them based on their age in descending order. The minimum qualifying marks for UR/EWS candidates are 60% of the marks, and for SC/ST/OBC/PWD candidates, it is 55% of the marks. However, the Bank reserves the right to modify the minimum qualifying marks at any stage.
Click on the “Current Opportunities” link available on the Career Page.
Click on the “Recruitment of Wealth Management Professionals” link to open the online application form.
Fill in the online application form with the required details, such as personal information, educational qualifications, work experience, etc.
Upload scanned copies of the photograph, signature, and other required documents in the prescribed format.
Verify the details filled in the online application form and modify if required.
Pay the application fee through Debit Card / Credit Card / Internet Banking, etc., as per the instructions given on the website.
After successful payment of the application fee, take a printout of the e-receipt and the application form for future reference.
Candidates should also note the following points:
They should have a valid email ID and phone number, which should be kept active until the completion of the recruitment process.
Candidates are advised to fill in the online application carefully as no changes will be allowed once it is submitted.
Candidates are required to upload supporting documents such as DOB proof, graduation certificate, experience letter, etc., at the time of submitting the online application.
The application fee for General and OBC candidates is Rs. 600/-, and for SC/ST/PWD/Women candidates, it is Rs. 100/-
Candidates should apply online well before the closing date to avoid any last-minute technical glitches.
In case of any Doubt regarding Membership you can mail us at [email protected]
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