(Job) Bank of Baroda (BOB): Wealth Management Services Department Various Post Recruitment 2022

(Job) Bank of Baroda (BOB): Wealth Management Services Department Various Post Recruitment 2022

Candidates are advised to check Bank’s website www.bankofbaroda.co.in/careers.htm (Current Opportunities) regularly for details and updates. Call letters/advices, where required will be sent by e-mail only. All revisions/corrigendum(if any) will be posted 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/advices etc.

The process of Registration of application is complete only when application is submitted in full and fee is deposited with the Bank through On-line 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 fulfill the eligibility criteria for the post as on the date of eligibili ty. Short-listing and interview /

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

Details of the Positions(As on 01.01.2022):

 

Sn

Post & Vacancies

Age

(as on 01.01.2022)

Education

(as on 01.01.2022)

Work Experience

(as on 01.01.2022)

1

Head- Wealth Strategist (Investment & Insurance) (1)

Min: 31 Years

Max: 50 Years

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

•      Minimum   10   Years   of   relevant   work experience in financial services, Investment advisory and Private banking out of which minimum 8 Years of experience in Wealth Management.

•      Excellent      Knowledge      of      Investment Products, AIFs, PMS, Mutual Funds, Insurance etc.

•      Proven track record of High Performance and Leadership.

•      Should  have  managed  a   large  team  of relationship managers & Team Leads at Regional Level at least for 2 years.

2

Wealth Strategist (Investment & Insurance) (28)

Min: 24 Years

Max: 45 Years

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

•      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.

3

Investment Research Manager (Portfolio & Data Analysis and Research) (2)

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 : 2 years full time Post Graduate Degree / Diploma in Management

•  Minimum 2 years of experience Research field in Wealth Management with leading Public / Private / Foreign Banks / Broking / Security firms.

• The    candidate    should    have    adequate understanding of macro factors impacting the local and global market.

4

Portfolio Research Analyst (2)

Min – 22 Years

Max – 35 Years

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

•  Minimum 1 year of experience as a Research Analyst in Wealth Management with leading Public / Private / Foreign Banks / Broking / Security firms.

•  The  candidate  should  have  good  command over excel and MIS preparation.

•  Must possess sound communication skill.

•  Must possess requisite knowledge of Wealth

Management products.

5

NRI Wealth Products Manager (1)

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 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   inter-personal   skills   to   handle cross-functional teams

6

Product Manager (Trade & Forex ) (1)

Min - 24 Years

Max - 40 Years

Graduate from Government recognized University or Institution.

•  Minimum     -3-     years     of relevant     work experience.

•  Sound           understanding           of           Forex and Derivatives.

• Good understanding of trade products and entire trade life cycle.

•  Sound knowledge of forex business.

• Excellent understanding of Foxex, MM and Derivatives  Products.  FX,  OTC trade processing background  with  risks  and controls surrounding this function.

•  Understanding of LC, BG, Package credit, pre shipment, post shipment.

7

Trade Regulation –Sr. Manager (1)

Min - 24 Years

Max - 40 Years

Graduate from Government recognized University or Institution.

• Minimum   -3-   years   of   relevant   work experience.

•  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 products offerings for NRI clients, and Entrepreneur.

•  Must have Work experience of at least 2 years in any Private or Public Bank or any financial institution the same job role.

8

Product Head –Private Banking (1)

Min - 24 Years

Max - 45 Years

A Degree (Graduation) in any discipline from a University recognized by the Govt. Of India/Govt. bodies/AICTE

• Minimum   -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 the Investment, Insurance, Derivative Products, etc.

• Ability     to     co-ordinate     with     various department like Trade, Forex, Project Finance, Merchant Banking, Syndication, Venture Capital, Private Equity.

•  Must have sound knowledge of the prevalent ecosystem of Private Wealth in the industry.

•  Must be aware of the regulatory guidelines, pertaining to products.

9

Group Sales Head (Virtual RM Center) (1)

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 : 2 years full time Post Graduate Degree / Diploma in Management

• Minimum   10   Years   of   relevant   work experience in financial services, Investment advisory out of  which minimum  5  Years  of experience in Wealth Management.

• Prior    experience    of    handling    virtual Relationship Manager sales centre/outbound sales in call centre, outbound tele-sales

•  Good understanding of the sales process and compliance for tele sales.

•  Excellent Knowledge of Investment Products, PMS, Mutual Funds and Insurance

•  Proven track record of High Performance and Leadership

• Should  have  managed  a  large  team  of relationship managers & Team Leads at Regional Level at least for 5 years.

10

Private Banker Radiance Private (20)

Min- 33 Years

Max-50 Years

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

• Minimum   12   Years   of   relevant   work experience in financial services, Investment advisory or Private banking out of which 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 etc.

•  Proven track record of high performance and bespoke relationship management

•  Excellent connections in the respective private banking markets

•  Well-versed in terms of Banking regulations, and reforms and developments/changes across the Wealth Management  business spectrum

Selection Procedure:

Selection will be based on short listing and subsequent round of Personal Interview and/or Group Discussion and/or any other selection method.

  • Bank reserves the right to change (cancel/ modify/ add) any of the criteria, method of selection etc.
  • The Bank reserves its right to call candidates in a ratio, at its sole discretion, as per the Banks requirement.
  • Adequate candidates as decided by the Bank will be shortlisted based on their qualification, experience and overall suitability for 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.
  • A candidate should qualify in all the processes of selection i.e. GD and/or PI and/or other selection method (as the case may be) and should be sufficiently high in the merit to be shortlisted for subsequent process.
  • 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.
  • 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.

Methodology for Selection :

The number of vacancies listed above is tentative only. 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.

How to Apply:

Candidates are required to have a valid personal email ID and Contact Number. It should be kept active till 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 a pplying Online.

a) Guidelines for Filling Online Application:

  • 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.
  • 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.
  • Candidates are advised to carefully fill in the online application themselves as no change in any of the data filled in the o nline 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.
  • 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.
  • An online application which is incomplete in any respect and unsuccessful fee payment will not be considered as valid.
  • 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. November/December 2021), etc.  at the time of submitting the online application form
  • Candidates are advised in their own interest to apply online 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 internet or website jam
  • 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.
  • Candidates applying for the post of 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:

  • 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). Bank is not responsible if any of the candidates makes more than one payment/s and no request for refund of fee’s shall be entertained.
  • Fee payment will have to be made online through payment gateway available there at.
  • After ensuring the correctness of the particulars of the application form, candidates are required to pay fees through the payment gateway integrated with the application. No change/edit will be allowed thereafter.
  • The payment can be made by using Debit Card / Credit Card / Internet Banking etc. by providing information as asked on the screen. Transaction charges for online payment, if any, will be borne by the candidates.
  • On successful completion of the transaction, e-receipt and application form with the data entered by the candidate will be generated, which should be printed and retained by the candidate.
  • If the online transaction is not successfully completed, please register again and make payment online. vii.    There is also a provision to reprint the application form containing fee details, at later stage.

Important Dates:

Online Registration of Application starts from : 07.01.2022
Last date for Online Registration of Application & Payment of fees: 27.02.2022

Click here for Online Apply

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Courtesy: Bank of Baroda