Job Description (English)

The Bank of Baroda has released an official notification for the recruitment of professionals on a fixed-term contractual basis in its Wealth Management Services Department. This recruitment aims to strengthen the bank’s wealth management operations by hiring experienced and qualified candidates for specialized roles.

A total of 104 vacancies have been announced for various posts including AVP II – Group Head, AVP II – Territory Head, Deputy Manager – Senior Relationship Manager, and Deputy Manager – Wealth Strategist (Investment & Insurance). These roles are focused on managing client relationships, driving sales, handling investment portfolios, and providing financial advisory services.

The selected candidates will be appointed on a contract basis for an initial period of 5 years, which may be extended based on performance and organizational requirements. The engagement will be valid up to a maximum age of 60 years or completion of the contract period, whichever is earlier.

Candidates applying for these positions must have a graduation degree from a recognized university, along with relevant work experience in wealth management, banking, or financial services. Preference will be given to candidates with additional qualifications such as a postgraduate degree in management and certifications like NISM or IRDA.

The job responsibilities include managing high-net-worth clients, achieving sales targets, providing investment and insurance advisory services, and ensuring compliance with regulatory guidelines. Senior-level positions also require experience in team management and strategic planning.

The selection process may include application screening, an online test, psychometric assessment, and a personal interview. Candidates will be shortlisted based on their qualifications, experience, and suitability for the role.

The salary (remuneration) will be based on the candidate’s qualifications, experience, and market standards, making it a competitive opportunity in the banking sector. Selected candidates can be posted at various locations across India and must be willing to work anywhere in the country.

Additionally, candidates must maintain a good credit history, with a minimum CIBIL score of 680, as required by the bank. Any adverse credit history may lead to disqualification.

The application process is completely online, and candidates are required to apply through the official Bank of Baroda website. Applicants must upload necessary documents including educational certificates, experience proof, and identity documents during the application process.

Overall, this recruitment provides an excellent opportunity for experienced professionals to work with one of India’s leading public sector banks in the growing field of wealth management and financial services.