Public Sector Banks- BOB Recruitment 2022– BOB invites Online applications for recruitment of 58 positions under Wealth Management Services Department Posts. Apply before 27 January 2022.

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Bank of Baroda

Name of the Post & No of Vacancies:

BOB Invites Applications for the Following Posts

SI No Name of Posts No. of Posts
1. Head-Wealth Strategist (Investment & Insurance) 01
2. Wealth Strategist (Investment & Insurance) 28
3. Investment Research Manager (Portfolio & Data Analysis and Research) 02
4. Portfolio Research Analyst 02
5. NRI Wealth Products Manager 01
6. Product Manager (Trade & Forex) 01
7. Trade Regulation – Sr. Manager 01
8. Product Head – Private Banking 01
9. Group Sales Head (Virtual RM Center) 01
10. Private Banker – Radiance Private 20
Total 58

Educational Qualification: (As on 01.01.2022)

1. Head-Wealth Strategist (Investment & Insurance) 

Education: Degree (Graduation) in any discipline from a University recognized by the Govt. Of India/Govt. bodies/AICTE and 2 years full time Post Graduate Degree/Diploma in Management.

Work Experience:

• 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.

2. Wealth Strategist (Investment & Insurance) –

Education: Degree (Graduation) in any discipline from a University recognized by the Govt. Of India/Govt. bodies/AICTE and 2 years full time Post Graduate Degree/Diploma in Management.

Work Experience:

• 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) –

Education: Degree (Graduation) in any discipline from a University recognized by the Govt. Of India/Govt. bodies/AICTE and 2 years full time Post Graduate Degree/Diploma in Management.

Work Experience:

• 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 –

Education: Degree (Graduation) in any discipline from a University recognized by the Govt. Of India/Govt. bodies/AICTE and 2 years full time Post Graduate Degree/Diploma in Management.

Work Experience:

• 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

5. NRI Wealth Products Manager –

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

Work Experience:

• 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.

6. Product Manager (Trade & Forex) –

Education: Graduate from Government recognized University or Institution.

Work Experience:

• 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 – Graduate from Government recognized University or Institution.

Work Experience:

• 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 –

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

Work Experience:

• 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) –

Education: Degree (Graduation) in any discipline from a University recognized by the Govt. Of India/Govt. bodies/AICTE and 2 years full time Post Graduate Degree/Diploma in Management.

Work Experience:

• 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 –

Education: Degree (Graduation) in any discipline from a University recognized by the Govt. Of India/Govt. bodies/AICTE and 2 years full time Post Graduate Degree/Diploma in Management, CFP, CFA or equivalent qualifications.

Work Experience:

• 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.

Age Limit: (As on 01.01.2022)

1. Head-Wealth Strategist (Investment & Insurance) – 31 to 50 years
2. Wealth Strategist (Investment & Insurance) – 24 to 45 years
3. Investment Research Manager (Portfolio & Data Analysis and Research) – 23 to 35 years
4. Portfolio Research Analyst – 22 to 35 years
5. NRI Wealth Products Manager – 26 to 40 years
6. Product Manager (Trade & Forex) – 24 to 40 years
7. Trade Regulation – Sr. Manager – 24 to 40 years
8. Product Head – Private Banking – 24 to 45 years
9. Group Sales Head (Virtual RM Center) – 31 to 45 years
10. Private Banker – Radiance Private – 33 to 50 years

Candidates Relaxation in Upper Age limit will be provided as per Govt. Rules. Go through BOB official Notification 2022 for more reference

Salary Details: As Per Qualification & Experience.

Selection Process:

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

Application Fee/Exam Fee

  1. 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.
  2. Fee payment will have to be made online through payment gateway available there at.
  3. 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.
  4. 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.

How to apply:  

Candidate(s) fulfilling all the above clearly laid down criteria will have to apply online only through the link on the BOB website in the careers webpage under current openings section i.e. https://www.bankofbaroda.in/ from 07.01.2022 to 27.01.2022. No other mode of application will be accepted.

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