RECRUITMENT OF HUMAN RESOURCE ON CONTRACT BASIS FOR WEALTH MANAGEMENT SERVICES DEPARTMENT IN Bank of Baroda Requirement
Join India’s International Bank for a Challenging Assignment
| Online Registration of Application starts from | 09.04.2021 |
| Last date for Online Registration of Application & Payment of fees: | 29.04.2021 |
| Application fees and Intimation Charges (Non-refundable) Rs. 600/-for General and OBC candidates (plus applicable GST & transaction charges) | Rs. 100/- (Intimation charges only – Non Refundable) for SC/ ST/PWD/Women candidates (plus applicable GST & transaction charges) |
Bank of Baroda, One of India’s Largest Bank is looking for qualified and experienced Wealth Management Professionals to strengthen its Wealth Management Services.
PLEASE NOTE THAT
- Candidates are advised to check Bank’s website www.bankofbaroda.co.in/careers.htm (Current Opportunities) regularly for details and updates. Call
letters/advice, where required will be sent by e-mail only. All revisions/corrigendum(if any) will be hosted on the Bank’s website only - All correspondence will be made only on the email ID mentioned by the candidate in their online application form and the same has to be kept active for
receiving communication viz., call letters/Interview Dates/advice etc. - The process of Registration of application is complete only when the application is submitted in full and the fee is deposited with the Bank through Online mode on
or before the last date for fee payment. Candidates are requested to note down the acknowledgement number for their reference. - Before applying, candidates should ensure that they fulfil the eligibility criteria for the post as of the date of eligibility. Short-listing and interview /
the selection method will be purely provisional without verification of documents. Candidature will be subject to verification of details/documents as and when
called by the Bank. - Post qualification experience below 6 months in any organization would not be considered
Bank of Baroda Requirement
DETAILS OF THE POSITION
| Sr.No | Post & Vacancies | Age | Education | Work Experience |
| 1. | Sr. 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 : 1. 2 years full-time Post Graduate Degree / Diploma in Management 2. 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 |
| 2. | e- Wealth Relationship Manager (50 Vacancies) | Min: 23 Years Max: 35 Years | A Degree (Graduation) in any discipline from a University recognised by the Govt. Of India./Govt. bodies/AICTE Desirable qualification/certification : 1. 2 years full-time Post Graduate Degree /Diploma in Management 2. 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) |
| 3. | Territory Head (44 Vacancies) | Min: 27 Years Max:40 Years | University recognised by the Govt. Of India./Govt. bodies/AICTE Desirable qualification/certification : 1. 2 years full-time Post Graduate Degree / Diploma in Management 2. 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 |
| 4. | Group Head (6 Vacancies ) | Min: 31 Years Max: 45 Years | A Degree (Graduation) in any discipline from a University recognised by the Govt. Of India./Govt.bodies/AICTE Desirable qualification/certification : 1. 2 years full-time Post Graduate Degree / Diploma in Management 2. Regulatory certifications e.g. NISM/IRDA | 1. Minimum 10 Years of experience in managing sales in Wealth Management/Retail Banking/ Investments in the financial service industry. 2.Should have managed a large team of Relationship Managers & Team Leads at Regional Level at least for 5 years. |
| 5. | Product Head (Investment & Research) (1 Vacancy) | Min: 28 Years Max: 45 Years | A Degree (Graduation) in any discipline from a University recognised by the Govt. Of India./Govt. bodies/AICTE Desirable qualification/certification : 1. 2 years full-time Post Graduate Degree / Diploma in Management | Minimum 7 years of experience as Investments product/advisory /strategy Manager. |
| 6. | Head (Operations & Technology) (1 Vacancy) | Min: 31 Years Max: 45 Years | A Degree (Graduation) in any discipline from a University recognised by the Govt. Of India./Govt. bodies/AICTE | 1. 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. 2.Exposure to Digital Sales will be preferred |
| 7. | Digital Sales Manager (1 Vacancy) | Min: 26 Years Max: 40 Years | A Degree (Graduation) in any discipline from a University recognised by the Govt. Of India./Govt. bodies/AICTE | Minimum 5 years of experience in driving sales of investment products through digital channel. |
| 8. | IT Functional AnalystManager (1 Vacancy) | Min: 26 Years Max: 35 Years | A Degree (Graduation) in any discipline from a University recognised by the Govt. Of India./Govt. bodies/AICTE Preference shall be given for candidates who possess a degree in Engineering/Science/Technology | Minimum 5 years of experience in building and managing a technology platform and infrastructure in a wealth management set up. |
NOTE:
- Please note that change of category submitted by the applicant will not be permitted at any stage after registration of the online application
- Candidates belonging to the OBC category but coming in the ‘creamy layer and/ or if their caste does not find a place in the Central List are not entitled to
OBC reservation and age relaxation. They should indicate their category as ‘GENERAL’ or GENERAL (OC/HI/VI/ID) as applicable. - The benefit of reservation under the EWS category is permissible only upon production of an ‘Income and Asset Certificate’ issued by a Competent Authority in the format prescribed.
- Caste/EWS/PWD certificate issued by Competent Authority on format prescribed by the Government of India will have to be submitted by the
candidates applying under SC/ST/OBC/EWS/PWD candidates, while submitting their application/s. - The number of vacancies including reserved vacancies mentioned above is provisional and vary according to the actual requirement of the Bank.
- The maximum age indicated is for General category candidates. Relaxation in the upper age limit will be available as detailed as under:
Sn Category Age Relaxation
(years)
| Sr.no | Category | Age Relaxation (years) |
| 1. | Scheduled Caste/ Scheduled Tribe | 05 |
| 2. | Other Backward Classes (Non-Creamy Layer) | 03 |
| 3. | Persons with Disability (PWD) | Gen/EWS – 10, OBC – 13, SC/ST – 15 |
| 4. | Ex-servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within one year 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 invalided | 05 |
| 5. | Persons ordinarily domiciled in the State of Jammu & Kashmir during the period 01.01.1980 to 31.12.1989 | 05 |
A. RENUMERATION:
Remuneration offered will be on Fixed Salary basis depending on candidate’s qualifications, experience, overall suitability, last
drawn salary of the candidate and market benchmarks for the respective posts. Apart from the Fixed Salary, candidate selected for
Post No. 1 to 4 will be eligible for Performance Linked Variable Pay which will be over and above the Fixed Salary but linked to the
achievement of specific targets.
B. NATURE OF EMPLOYMENT
Contractual Engagement for a period of 5 years, with periodic performance review. The term of engagement may be extended at the
option of the Bank.
C. SELECTION PROCEDURE:
Selection will be based on shortlisting and subsequent round of Personal Interview and/or Group Discussion and/or any other selection method.
1.Bank of Baroda Requirement reserves the right to change (cancel/ modify/ add) any of the criteria, method of selection, etc
2. Bank of Baroda Requirement reserves its right to call candidates in a ratio, at its sole discretion, as per the Banks requirement.
3. Adequate candidates as decided by the Bank will be shortlisted based on their qualification, experience, and overall suitability for the Interview. 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.
4. A candidate should qualify in all the processes of selection i.e. GD and/or PI and/or another selection method (as the case may be)
and should be sufficiently high in the merit to be shortlisted for the subsequent process.
5.In case more than one candidate scores the cut off marks (common mark at cut off point), such candidates will be ranked
according to their age in descending order.
6. Minimum Qualifying marks for UR/EWS Candidates shall be 60% of the Marks and for SC/ST/OBC/PWD Candidates, the same
shall be 55% of the Marks. However, the Bank reserves the right to modify the Minimum Qualifying Marks at any stage.
7.Methodology for Selection for the Post of Territory Head & Sr. Relationship Manager:
i) Applications for the posts of Territory Head / Sr. Relationship Manager are invited city/location wise.
ii) The shortlisting of applications, the invitation for the selection process, and preparation of the merit list shall be location-wise for these positions.
iii) The tentative number of vacancies for each location is as listed above. However, the Bank at its discretion reserve the right to
modify/add/reduce the vacancies/locations as per the business requirements, administrative considerations, and/or performance of candidates in the selection process or any other circumstances
D. HOW TO APPLY: Bank of Baroda Requirement
Candidates are required to have a valid personal email ID and Contact Number. It should be kept active till the completion of this
recruitment project. Bank may send call letters for GD and/or interview and/or Selection Process on the registered Email ID. In case,
a candidate does not have a valid personal email ID, he/she should create his/ her new email ID before applying Online.
a) GUIDELINES FOR FILLING ONLINE APPLICATION:
i. Candidates should visit Bank’s website www.bankofbaroda.co.in/Careers.htm and register themselves online in the
appropriate Online Application Format, available through the link being enabled on the Career Page -> Current Opportunities
on the Bank’s website & pay the application fee using Debit Card / Credit Card / Internet Banking etc.
ii. Candidates need to upload their Bio-data while filling online application. Candidates are also required to upload their
scanned photograph, signature and other documents related to their eligibility. Please refer to Annexure-II regarding scanning
of photograph & signature.
iii. Candidates are advised to carefully fill in the online application themselves as no change in any of the data filled in the online
application will be possible/ entertained. Prior to submission of the online application, candidates are advised to verify the
details in the online application form and modify the same if required. No change is permitted after clicking on SUBMIT
button. Visually Impaired candidates will be responsible for getting the details filled in/carefully verifying, in the online
application and ensuring that the same are correct prior to submission as no change is possible after submission.
iv. The name of the candidate should be spelt correctly in the application as it appears in the certificates/ mark sheets. Any
change/ alteration found may disqualify the candidature.
v. An online application that is incomplete in any respect and unsuccessful fee payment will not be considered as valid.
vi. Candidates shall also be required to submit supporting documents such as DOB Proof, Graduation Certificate, Other
Certifications, Category/PWD Certificate, Experience Letter, Document showing Break up of CTC, Latest Salary Slip (e.g.
February/March 2021), etc. at the time of submitting the online application form
vii. Candidates are advised in their own interest to apply on-line much before the closing date and not to wait till the last date to
avoid the possibility of disconnection/inability/failure to log on to the website on account of heavy load on the internet or
website jam
viii. Bank of Baroda 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 Bank of Baroda.
ix. Candidates applying for the post of Territory Head and Sr. Relationship Manager have to choose the city/location from the list
available at the time of submission of the application form.
b) PAYMENT OF FEES: Bank of Baroda Requirement
i. Application fees and Intimation Charges (Non-refundable) Rs. 600/-for General and OBC candidates (plus applicable GST &
transaction charges) and Rs. 100/– (Intimation charges only – Non Refundable) for SC/ ST/PWD/Women candidates (plus
applicable GST & transaction charges). The bank is not responsible if any of the candidates makes more than one payment/s and
no request for refund of fees shall be entertained.
E. ANNOUNCEMENTS:
All further announcements/Addendum or Corrigendum (if any)/details pertaining to this process will only be published/ provided on
authorised Bank’s website www. bank of Baroda.co.in from time to time under Career section/web page Current Opportunities.
No separate communication/intimation will be sent to the candidates who are not shortlisted/not selected in the process. All
notification/communication placed on the Banks’ website shall be treated as an initiation to all the candidates who have applied for the
said project.