Mumbai: Bank of Baroda, a leading PSU Banks in India, has ambitious strategy to launch Wealth Management Services to HNI/UHNIs. Hence, the bank is looking for Wealth Management professionals with proven skills and requisite experience in wealth management.
Bank of Baroda has released recruitment notification to appoint 362 offices on contract basis for its Wealth Management services segment. The various category of posts are as followed: Group Head-04 posts; Operations Head-01; Territory Head-25; Senior Relationship Manager -223 ; Acquisition Manager (Affluent) – 41; Client Service Executive -43 posts.
The selected candidate will be required to sign an employment contract. Depending upon the Bank’s requirement the above vacancies may be available at one or more of the following centres: Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Mumbai, Pune, Kolkata, Kanpur, Jaipur, Baroda, Surat and Lucknow.
Key Dates & Application Fees: The online registration of application starts from 22 November 2017. The closing date for submission of application is 12 December 2017. Application fees and Intimation Charges (Non-refundable) is Rs 600/-for General and OBC candidates; Rs 100/- (Intimation charges only) for SC/ ST/PWD candidates.
List of Posts with Vacant positions & Eligibility Conditions
| Post/(No of Vacancies) | Age (as on 12.12.2017) |
Education Qualification* (as on 12.12.2017) |
Post Qualification Experience (as on 12.12.2017) |
| Senior Relationship Manager(223) |
Min – 23 Yrs Max – 35 Yrs |
Graduate from Government recognized University or Institution, preferably 2 Year Full Time, MBA or equivalent from reputed Colleges. |
Minimum 3 years of experience as a Relationship Manager in Wealth Management with leading Public / Private / Foreign Banks / Broking / Security firms. The candidate should have adequate experience in building and managing relationship with High Net Worth Clients [Clients having a minimum Total Relationship Value (TRV) of 20.00 lakh. |
| Client Service Executive(43) |
Min – 20 Yrs Max – 35 Yrs |
Graduate from Government recognized University or Institution |
Experience in documentation requirements of financial products and good communications skills would be desirable. |
| Group Head(4) | Min – 35 Yrs Max – 50 Yrs |
2 Year Full Time, MBA or equivalent from reputed Colleges |
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. Should have managed large Management Team. Excellent Knowledge of Equity Products, PMS, Mutual Funds and Advisory Should have Exposure to CRM Proven track record of High Performance and Leadership Should have relevant work experience at national level with large Wealth Management organisations Should have managed a large team of relationship managers & Team Leads at national level at least for 5 years. |
| Operations Head (1) |
Min – 35 Yrs Max – 45 Yrs |
2 Year Full Time, MBA or equivalent from reputed Colleges |
Minimum 10 Years of experience in financial services, investment advisory 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. Exposure on CRM platform for Wealth Management is preferred. Experience in handling trade and data for transactions across asset classes like equity, bonds, mutual funds and alternates. Should have managed a large operations team in Wealth Management business. |
| Territory Head (25) |
Min – 28 Yrs Max – 40 Yrs |
Graduate from Govt recognized University or Institution, preferably 2 Year Full Time, MBA or equivalent,from reputed Colleges. |
Minimum 6 years of experience as a Relationship Manager in Wealth Management out of which minimum 2 years experience as a Team Lead. |
| Acquisition Manager (Affluent)(41) |
Min – 22 Yrs Max – 35 Yrs |
Graduate from Government recognized University or Institution. |
Minimum 2 years of experience in acquisition of High Net Worth clients [Clients having a minimum Total Relationship Value (TRV) of Rs 20.00 lakh or more] in Wealth Management business with leading Public / Private / Foreign Banks / Broking / Securities firms and other financial institutions. |
Upper Age relaxation is available to Reserved Categories as per Govt Norms:
Selection Procedure: Selection will be based on short listing and/or combination of written aptitude test and one or more rounds of Personal Interview and / or Group Discussion.
For exact eligibility details, how to apply and other details, the interested candidates should visit the career page of the official website of Bank of Baroda.
