Public Sector Banks- Bank of Baroda FRM & RMD Recruitment 2022– Bank of Baroda invites Online applications for recruitment of 42 Management & Fraud Risk Departments Posts. Apply before 15 March 2022.
Bank of Baroda
Name of the Post & No of Vacancies:
Bank of Baroda Invites Applications for the Following Posts
| SI No | Name of Posts | No. of Posts |
| 1. | Head/ Dy. Head – Large Corporate Credit Risk Management (Risk Management Department) | 01 |
| 2. | Head/ Dy. Head – Project Finance – Infrastructure & ESG (Risk Management Department) | 01 |
| 3. | Head/ Dy. Head – MSME Credit Risk Management (Risk Management Department) | 01 |
| 4. | Head/ Dy. Head – Retail Credit Risk Management (Risk Management Department) | 01 |
| 5. | Head/ Dy. Head – Enterprise and Operational Risk Management (Risk Management Department) | 01 |
| 6. | Head/ Dy. Head – Fraud Incidence and Root Cause Analysis (Risk Management Department) | 01 |
| 7. | Head/ Dy. Head – Portfolio Monitoring & Quality Control (Risk Management Department) | 01 |
| 8. | Head/ Dy. Head – Bank, NBFC and FI Sector Credit Risk Management (Risk Management Department) | 01 |
| 9. | Head/ Dy. Head – Rural & Agriculture Loans Credit Risk Management (Risk Management Department) | 01 |
| 10. | Head/ Dy. Head – Model Development and Analytics (Risk Management Department) | 01 |
| 11. | Head/ Dy. Head – Credit Rating Analysis (Risk Management Department) | 01 |
| 12. | Sr. Manager- Large Corporate Credit Risk Management (Risk Management Department) | 03 |
| 13. | Sr. Manager- Bank, NBFC and FI Sector Credit Risk Management (Risk Management Department) | 03 |
| 14. | Sr. Manager -Project Finance – Infrastructure & ESG (Risk Management Department) | 02 |
| 15. | Sr. Manager- MSME Credit Risk Management (Risk Management Department) | 02 |
| 16. | Sr. Manager- Retail Credit Risk Management (Risk Management Department) | 01 |
| 17. | Sr. Manager- Rural & Agriculture Loans Credit Risk Management (Risk Management Department) | 01 |
| 18. | Sr. Manager
Enterprise and Operational Risk Management (Risk Management Department) |
07 |
| 19. | Sr. Manager- Model Development and Analytics (Risk Management Department) | 04 |
| 20. | Sr. Manager Portfolio Monitoring & Quality Control (Risk Management Department) | 02 |
| 21 | Sr. Manager- Fraud Incidence and Root Cause Analysis (Risk Management Department) | 02 |
| 22 | Manager – Risk Analyst (Fraud Risk Management Department) | 03 |
| 23 | Manager – Fraud Risk Analyst (Fraud Risk Management Department) | 01 |
| Total | 42 | |
Educational Qualification:
| 1. Head/ Dy. Head – Large Corporate Credit Risk Management (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute, Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA) ESG (CFA institute-USA) SCR(GARP)
Work Experience: Minimum 10 years of overall experience in BFSI Sector with at least 8 years in Corporate Banking. Needs to demonstrate credit assessment and underwriting skills of Large Corporates in the country / Experience as a credit approving authority. The candidate should also possess 2 Years of experience at Senior / Head level position in corporate credit vertical. |
| 2. Head/ Dy. Head – Project Finance – Infrastructure & ESG (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute, Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA) ESG (CFA institute-USA) SCR(GARP)
Work Experience: Minimum 10 years of overall experience in BFSI Sector with at least 8 years in Project Finance especially in the field of infrastructure like- Roads, Ports, Power etc. Strong knowledge of global standards related to ESG, social responsibility and its impact on credit assessment and financial materiality |
| 3. Head/ Dy. Head – MSME Credit Risk Management (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute, Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA) ESG (CFA institute-USA) SCR(GARP)
Work Experience: Minimum of 10 years’ experience in BFSI Sector with 8 years’ experience dealing with MSME products. Needs to demonstrate credit assessment and underwriting skills of MSME segment / Experience as a credit approving authority. The candidate should also possess 2 Years of experience at Senior / Head level position in MSME credit vertical. |
| 4. Head/ Dy. Head – Retail Credit Risk Management (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute, Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA) ESG (CFA institute-USA) SCR(GARP)
Work Experience: Minimum of 10 years’ experience in BFSI Sector with 8 years’ experience in Retail Loans. Needs to demonstrate credit assessment and underwriting skills of Retail Loans / Experience as a credit approving authority. The candidate should also possess 2 Years of experience at Senior / Head level position in Retail Credit vertical. |
| 5. Head/ Dy. Head – Enterprise and Operational Risk Management (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute, Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA) ESG (CFA institute-USA) SCR(GARP)
Work Experience: Minimum of 10 years’ experience in BFSI Sector in Operational Risk domain, out of which minimum 5 years’ of experience at Head Level of an operational unit. Experience of working on management of Internal Controls, Process & IT controls can also considered. |
| 6. Head/ Dy. Head – Fraud Incidence and Root Cause Analysis (Risk Management Department) – Chartered Accountant (CA), or Company Secretary (CS) or ICWA
Work Experience: Minimum 10 years’ experience in BFSI Sector out of which 5 years’ experience is in the field of – -Audit / Compliance / Risk & Governance/ Operational Risk/Fraud Risk. |
| 7. Head/ Dy. Head – Portfolio Monitoring & Quality Control (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute, Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA)
Work Experience: Minimum 10 years of overall experience in BFSI Sector with at least 8 years in Corporate Banking/Monitoring functions. The candidate should also possess 2 Years of experience at Senior / Head level position in corporate credit vertical/monitoring vertical. |
| 8. Head/ Dy. Head – Bank, NBFC and FI Sector Credit Risk Management (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute, Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA) ESG (CFA institute-USA) SCR(GARP)
Work Experience: |
| 9. Head/ Dy. Head – Rural & Agriculture Loans Credit Risk Management (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute, Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA) ESG (CFA institute-USA) SCR(GARP)
Work Experience: Minimum 10 years of overall experience in BFSI Sector with at least 8 years in Corporate & Institutional Banking. Needs to demonstrate credit assessment and underwriting skills of Banks/NBFCs/FIs in the country / Experience as a credit approving authority. The candidate should also possess 2 Years of experience at Senior / Head level position in corporate credit vertical pertaining to Bank/NBFC sector. |
| 10. Head/ Dy. Head – Model Development and Analytics (Risk Management Department) – Full time Masters in Computer Science, Data Science, Mathematics, Statistics and Finance or related quantitative field from recognized and reputed Institute. Preferred: CFA/FRM/PRM
Work Experience: Minimum 10 years in Model Risk Management in modeling and validation in the financial services industry including both analytic/modeling/quantitative experience and governance or other credit/financial discipline. |
| 11. Head/ Dy. Head – Credit Rating Analysis (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute, or Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA)
Work Experience: Minimum 10 years of work experience in credit rating, the credit division of BFSI. Strong domain knowledge in Medium and Large corporate credit assessment. |
| 12. Sr. Manager- Large Corporate Credit Risk Management (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA) ESG (CFA institute-USA) SCR(GARP)
Work Experience: Minimum 5 years of overall experience in BFSI Sector with at least 3 years in Corporate Banking/ Risk Management Department dealing with Credit Risk. Needs to demonstrate credit assessment and underwriting skills of Large Corporates in the country |
| 13. Sr. Manager- Bank, NBFC and FI Sector Credit Risk Management (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA) ESG (CFA institute-USA) SCR(GARP)
Work Experience: Minimum 5 years of overall experience in BFSI Sector with at least 3 years in Corporate & Institutional Banking/Risk Management Department dealing with Credit Risk. Needs to demonstrate credit assessment and underwriting skills of Banks/NBFCs/FIs in the country |
| 14. Sr. Manager -Project Finance – Infrastructure & ESG (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA) ESG (CFA institute-USA) SCR(GARP)
Work Experience: Minimum 5 years of overall experience in BFSI Sector with at least 3 years in Project Finance especially in the field of infrastructure like- Roads, Ports, Power etc |
| 15. Sr. Manager- MSME Credit Risk Management (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA) ESG (CFA institute-USA) SCR(GARP)
Work Experience: Minimum 5 years of overall experience in BFSI Sector with at least 3 years in MSME Credit /Risk Management Department dealing with Credit Risk Needs to demonstrate credit assessment and underwriting skills of MSME segment |
| 16. Sr. Manager- Retail Credit Risk Management (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA) ESG (CFA institute-USA) SCR(GARP)
Work Experience: Minimum 5 years of overall experience in BFSI Sector with at least 3 years in Retail banking /Risk Management Department dealing with Credit Risk. Needs to demonstrate credit assessment and underwriting skills of Retail Loans |
| 17. Sr. Manager- Rural & Agriculture Loans Credit Risk Management (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA) ESG (CFA institute-USA) SCR(GARP)
Work Experience: Minimum 5 years of overall experience in BFSI Sector with at least 3 years in Agriculture loans /Risk Management Department dealing with Credit Risk |
| 18. Sr. Manager Enterprise and Operational Risk Management (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA) ESG (CFA institute-USA) SCR(GARP)
Work Experience: Minimum of 5 years’ experience in BFSI Sector in Operational Risk domain, out of which minimum 3 years’ of experience at an operational unit. Experience of working on management of Internal Controls, Process & IT controls can also considered |
| 19. Sr. Manager- Model Development and Analytics (Risk Management Department) – Full time Masters in Computer Science, Data Science, Mathematics, Statistics and Finance or related quantitative field from recognized and reputed Institute. Preferred: CFA/FRM/PRM
Work Experience: Minimum 5 years in Model Risk Management in modeling and validation in the financial services industry including both analytic/modeling/quantitative experience and governance or other credit/financial discipline. |
| 20. Sr. Manager Portfolio Monitoring & Quality Control (Risk Management Department) – Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute, or Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA)
Work Experience: Minimum 5 years of overall experience in BFSI Sector with at least 3 years in Corporate Banking/Monitoring function |
| 21. Sr. Manager- Fraud Incidence and Root Cause Analysis (Risk Management Department) – Chartered Accountant (CA), or Company Secretary (CS) or ICWA
Work Experience: Minimum 5 years’ experience in BFSI Sector out of which 3 years’ experience is in the field of – Audit / Compliance / Risk & Governance/ Operational Risk/Fraud Risk |
| 22. Manager – Risk Analyst (Fraud Risk Management Department) – B.E./ B. Tech in Computer Science / Data Science or Graduation in Mathematics / Statistics.
Work Experience: Min. 3 years’ post qualification experience in Predictive Modelling/ Statistical Analysis/ Data Science in BFSI sector out of which min. 1 years’ experience as a Model Developer. Experience in fraud risk management and it’s related field will be preferred. |
| 23. Manager – Fraud Risk Analyst (Fraud Risk Management Department) – B. Tech/ B.E./ M. Tech/ M.E. in Computer Science/ IT/ Data Science/ Machine Learning & AI. or Graduate in Computer Science/ IT i.e. B.Sc/ BCA/ MCA. and Mandatory Certification from SAS.
Work Experience: Min. 3 years’ post qualification experience of working in Fraud Risk Management Department with min. 1 year experience of writing the rules. |
Age Limit:
| 1. Head/ Dy. Head – Large Corporate Credit Risk Management (Risk Management Department) – Min.-32Max.:55 years |
| 2. Head/ Dy. Head – Project Finance – Infrastructure & ESG (Risk Management Department) – Min.-32Max.:55 years |
| 3. Head/ Dy. Head – MSME Credit Risk Management (Risk Management Department) – Min.-32Max.:55 years |
| 4. Head/ Dy. Head – Retail Credit Risk Management (Risk Management Department) – Min.-32Max.:55 years |
| 5. Head/ Dy. Head – Enterprise and Operational Risk Management (Risk Management Department) – Min.-32Max.:55 years |
| 6. Head/ Dy. Head – Fraud Incidence and Root Cause Analysis (Risk Management Department) – Min.-32Max.:55 years |
| 7. Head/ Dy. Head – Portfolio Monitoring & Quality Control (Risk Management Department) – Min.-32Max.:55 years |
| 8. Head/ Dy. Head – Bank, NBFC and FI Sector Credit Risk Management (Risk Management Department) – Min.-32Max.:55 years |
| 9. Head/ Dy. Head – Rural & Agriculture Loans Credit Risk Management (Risk Management Department) – Min.-32Max.:55 years |
| 10. Head/ Dy. Head – Model Development and Analytics (Risk Management Department) – Min.-32Max.:55 years |
| 11. Head/ Dy. Head – Credit Rating Analysis (Risk Management Department) – Min.-32Max.:55 years |
| 12. Sr. Manager- Large Corporate Credit Risk Management (Risk Management Department) – Min.:27Max.:40 years |
| 13. Sr. Manager- Bank, NBFC and FI Sector Credit Risk Management (Risk Management Department) – Min.:27Max.:40 years |
| 14. Sr. Manager -Project Finance – Infrastructure & ESG (Risk Management Department) – Min.:27Max.:40 years |
| 15. Sr. Manager- MSME Credit Risk Management (Risk Management Department) – Min.:27Max.:40 years |
| 16. Sr. Manager- Retail Credit Risk Management (Risk Management Department) – Min.:27Max.:40 years |
| 17. Sr. Manager- Rural & Agriculture Loans Credit Risk Management (Risk Management Department) – Min.:27Max.:40 years |
| 18. Sr. Manager Enterprise and Operational Risk Management (Risk Management Department) – Min.:27Max.:40 years |
| 19. Sr. Manager- Model Development and Analytics (Risk Management Department) – Min.:27Max.:40 years |
| 20. Sr. Manager Portfolio Monitoring & Quality Control (Risk Management Department) – Min.:27Max.:40 years |
| 21. Sr. Manager- Fraud Incidence and Root Cause Analysis (Risk Management Department) – Min.:27Max.:40 years |
| 22. Manager – Risk Analyst (Fraud Risk Management Department) – Min.:24Max.:34 years |
| 23. Manager – Fraud Risk Analyst (Fraud Risk Management Department) – Min.:24Max.:34 years |
Candidates Relaxation in Upper Age limit will be provided as per Govt. Rules. Go through Bank of Baroda official Notification 2022 for more reference
Salary Details: At present, monthly CTC at the initial level for MMG/S-II & MMG/S-III including DA, Special Allowance, HRA, CCA and all perks and benefits like quarters facility, in lieu of HRA, for Officers; Conveyance; Medical Aid; LTC; etc., admissible as per rules of the Bank, in force from time to time is approximately R 1.48 lacs /- & R 1.78 lacs per month (as amended from time to time), respectively in Mumbai. Allowances may vary depending upon the place of posting.
Selection Process:
Selection will be based on short listing and subsequent round of Personal Interview and/or any other selection method.
Application Fee/Exam Fee:
| Name of the Community | Fee Details |
| General, EWS & OBC | Rs.600/- |
| SC, ST, PWD & Women | Rs.100/- |
| Note: The applicants shall pay the Application Fee as indicated in the Table Above through Online Payment Mode Only. | |
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 Personal 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..
0 Comments