The Bank of Baroda (BOB) has released a notification for 168 vacancies for the recruitment of professionals on a regular basis in the Corporate & Institutional Credit and Finance Department. These vacancies are available across various branches of the Bank of Baroda. Applications can be submitted online from June 12th, 2024, to July 12th, 2024. All details about Bank of Baroda Recruitment 2024 are provided below. Read on to begin your career at the Bank of Baroda.
Table of Contents:-
Bank of Baroda Recruitment 2024 Overview
Overview |
|
|---|---|
| Bank | Bank of Baroda |
| Exam Name | Recruitment of Professionals on Regular Basis in Corporate & Institutional Credit and Finance Department |
| Post Name | Click Here |
| Vacancies | 168 |
| Qualification | Click Here |
| Category | Bank Job |
| Job Location | Anywhere in India |
| Application Mode | Online |
| Notification Date | 12-06-2024 |
| Apply Online Start Date | 12-06-2024 |
| Apply Online Last Date | 12-07-2024 |
| Selection Process | Online Exam, Interview |
| Mode of Exam | Online |
| Exam Language | English, Hindi |
| Apply Link | Click Here |
| Notification (PDF) | Click Here |
| Official Website | Click Here |
Educational Qualifications
| Post | Education |
|---|---|
| Forex Acquisition & Relationship Manager (MMG/S-II) | Graduation (in any discipline) and Post Graduate Degree / Diploma with Specialization in Marketing / Sales |
| Forex Acquisition & Relationship Manager (MMG/S-III) | |
| Credit Analyst (MMG/S-II) | Graduation (in any discipline) and CA |
| Credit Analyst (MMG/S-III) | Graduation (in any discipline) and Post Graduate Degree with Specialization in Finance or CA / CMA / CS / CFA |
| Relationship Manager (MMG/S-III) | Mandatory – Graduation (in any discipline) and Post Graduate Degree / Diploma with Specialization in Finance (Min 1 Year course) Preferred – CA/CFA/CS/CMA |
| Relationship Manager (SMG/S-IV) | |
| Senior Manager-Business Finance (MMG/S-III) | Graduation (in any discipline) & Chartered Accountant OR Post-Graduation Degree / Diploma in Finance |
| Chief Manager-Internal Controls (SMG/S-IV) | Graduation (in any discipline) & Chartered Accountant by qualification. Preference will be given to candidates with DISA/CISA certification |
Post Qualification Experience Required
| Post | Experience |
|---|---|
| Forex Acquisition & Relationship Manager (MMG/S-II) | Min. 2 Years of Work Experience in Public/ Private / Foreign Banks with at least 1 Year Exposure in Sales / Relationship Management in Forex. |
| Forex Acquisition & Relationship Manager (MMG/S-III) | Min. 4 Years of Work Experience in Public/ Private / Foreign Banks with 3 Years Exposure in Sales / Relationship Management in Forex. |
| Credit Analyst (MMG/S-II) | Preference will be given to candidates having Work Experience in Public / Private / Foreign Banks with exposure in Credit Appraisal/ Processing/ Operations. |
| Credit Analyst (MMG/S-III) | Min. 4 Years of Work Experience in Bank with 3 years in Large/ Mid Corporate Credit in Public / Private / Foreign Banks/ Financial Institutions with exposure in Credit Appraisal/ Processing/ Operations. |
| Relationship Manager (MMG/S-III) | Min. 4 Years of Work Experience in Public / Private / Foreign Banks/Financial Institutions with at least 2 years exposure in Sales/ Relationship Management in Corporate Credit. |
| Relationship Manager (SMG/S-IV) | Min. 8 Years in Public / Private / Foreign Banks/ Financial Institutions with at least 4 years exposure in Sales/ Relationship Management in Corporate Credit. |
| Senior Manager-Business Finance (MMG/S-III) | Minimum 6 years’ experience in Banks/ Large NBFCs in the area of Business Finance/ Financial MIS/ Financial Analytics/ Treasury/ Balance sheet Management/ ALM/ Corporate treasury (CT)/ P&L Management/ Revenue management/ BUC/ Business Intelligence unit/ cost management/ expense management/ Financial Planning, Target Setting, Goal Setting & Strategic Planning and Analysis/ Business Planning |
| Chief Manager-Internal Controls (SMG/S-IV) | Minimum 8 years’ experience in the area of Internal Audit & Internal Control in large public/ private sector bank or large audit firm including Big 4 having relevant exposure in the audit of banks. |
Age Limit
As per the Bank of Baroda Notification 2024, the age requirements for professionals recruited on a regular basis in the Corporate & Institutional Credit and Finance Department are detailed below, as of 01-06-2024:
| Post | Age Limit (in years) |
|---|---|
| Forex Acquisition & Relationship Manager (MMG/S-II) | 24-35 |
| Forex Acquisition & Relationship Manager (MMG/S-III) | 26-40 |
| Credit Analyst (MMG/S-II) | 25-30 |
| Credit Analyst (MMG/S-III) | 28-35 |
| Relationship Manager (MMG/S-III) | 28-35 |
| Relationship Manager (SMG/S-IV) | 35-42 |
| Senior Manager-Business Finance (MMG/S-III) | 28-38 |
| Chief Manager-Internal Controls (SMG/S-IV) | 28-40 |
Application Fee
| Category | Application Fee |
|---|---|
| General, EWS & OBC Candidates | Rs. 600/- |
| SC, ST, PWD & Women | Rs. 100/- |
Exam Pattern
There will be one composite paper of 150 minutes duration, conducted by Bank of Baroda. The question paper will be objective type with multiple choice questions. This online computer-based test (CBT) will consist of the following subjects:
Note:-
- All sections/tests mentioned above, except the Test of English Language, will be conducted bilingually in English and Hindi.
- Reasoning, English Language, and Quantitative Aptitude are qualifying in nature. Marks obtained in these sections will not be included in the final result.
- The minimum qualifying marks/percentage for each section are 40% for General & EWS Category and 35% for Reserved Categories. The Bank reserves the right to alter or waive off the qualifying criteria at its discretion.
- Marks obtained in the Professional Knowledge section will be considered for shortlisting candidates for further selection processes and for preparing the rank list.
- There is a penalty for wrong answers in the Professional Knowledge section. For each incorrect answer, 0.25 of the marks assigned to that question will be deducted as a penalty. No penalty will be applied for unanswered questions.
Selection Process for Bank of Baroda 2024
The examination process comprises two essential stages: the Online Examination and Interview/Group Discussion. Both stages are mandatory for all candidates participating in the recruitment process. Each stage serves a critical role in evaluating candidates’ suitability for the position and ensuring adherence to the selection criteria set by the recruiting authority.
(a) Online Examination:-
The online examination will take place at designated Examination Centres. Admit cards will be accessible for download online. It is essential to download and print your admit card before the exam date. The question paper will be available in English and Hindi. The exam will consist of one composite paper with Objective Type multiple-choice questions, conducted as an online computer-based test (CBT). For details on the exam pattern, click here.
(b) Group Discussion (GD)/ Personal Interview (PI)/ Psychometric Test or any other test/assessment as part of selection process:-
- The Bank reserves the right to call candidates for GD/PI based on their performance in the online test.
- Candidates must achieve minimum scores in each test/section and a total score in the online test to qualify for Psychometric Assessment/GD &/or Interview.
- Shortlisting for Psychometric Assessment/GD &/or PI depends on vacancies, cutoffs, and total marks secured in the online test, as decided by the Bank.
- In case of tie (same cutoff score), candidates will be ranked by age in descending order.
- Psychometric Assessment/GD &/or PI evaluates candidates on personality, communication skills, problem-solving ability, efficiency, willingness to work nationwide, and suitability for the role.
- Minimum qualifying marks for GD/PI are 60% for General Category and 55% for Reserved Category, subject to Bank discretion.
- Candidates failing GD/PI will not proceed further in the selection process.
- Final scores are determined by performance in the online test and/or PI and/or GD.
- Scores of candidates disqualified from GD/PI will not be disclosed.
- Candidates must qualify in all selection stages and rank sufficiently high for shortlisting.
- Only candidates passing the online test/GD/PI will be shortlisted, based on available vacancies.
- During GD/PI, candidates must present specified documents; failure to do so will result in cancellation of candidature.
- The Bank bears no responsibility for receiving documents sent separately.
Vacancy Details
| Post Name | Posts |
|---|---|
| Forex Acquisition & Relationship Manager (MMG/S-II) | 11 |
| Forex Acquisition & Relationship Manager (MMG/S-III) | 4 |
| Credit Analyst (MMG/S-II) | 10 |
| Credit Analyst (MMG/S-III) | 70 |
| Relationship Manager (MMG/S-III) | 44 |
| Relationship Manager (SMG/S-IV) | 22 |
| Senior Manager-Business Finance (MMG/S-III) | 4 |
| Chief Manager-Internal Controls (SMG/S-IV) | 3 |
Salary Information
| MMGS II | Rs. 64820 x 2340 (1) – 67160 x 2680 (10) – 93960 |
| MMGS III | Rs. 85920 x 2680 (5) – 99320 x 2980 (2) – 105280 |
| SMG/S-IV | Rs. 102300 x 2980 (4) – 114220 x 3360 (2) – 120940 |
Note:-
At present, monthly CTC at the initial level of MMG/S-II, MMG/S-III & SMG/S-IV 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 Rs. 2.30 lacs, Rs. 2.80 lacs and Rs. 3.30 lacs per month (as amended from time to time), respectively in Mumbai. Allowances may vary depending upon the place of posting.
How to Apply
Following the steps to apply for the Bank of Baroda Recruitment 2024 ensures that the application process is smooth and error-free. This section provides a detailed, step-by-step guide to complete the application accurately.
- Visit the Official Website: Go to the official website of Bank of Baroda
- Registration: Navigate to the Careers section and Click on the link for Current Opportunities or directly access click here. Register yourself by clicking on the appropriate Online Application Format link or Click here.
- Fill Online Application Form: Complete the online application form with accurate details. Ensure all mandatory fields are filled correctly.
- Upload Documents: Upload scanned copies of the following documents:
- Bio-data
- Recent passport-size photograph
- Signature
- Eligibility-related documents (as specified)
- Verify Details: Double-check all the information entered before final submission. Ensure your name matches exactly as per your certificates/mark sheets.
- Payment of Application Fees: Pay the application fee online through Debit Card, Credit Card, Internet Banking, etc. Application fee is Rs. 600/- for General/EWS/OBC candidates (+ GST & transaction charges) and Rs. 100/- for SC/ST/PWD/Women candidates (+ GST & transaction charges) towards intimation charges only.
- Submission: After verifying all details and making the payment, submit the application form. Once submitted, no changes can be made, so ensure all information is accurate.
- Submission of Supporting Documents: Along with the online application form, submit supporting documents such as:
- Proof of Date of Birth
- Graduation/Mandatory Qualification Certificates
- Experience Letters
- Document showing Breakup of CTC
- Latest Salary Slips, etc.
- Application Completion: Complete the application process well before the closing date to avoid any technical issues or last-minute rush.
- Confirmation: After successful submission, you will receive a confirmation email on your registered email ID.
By following the steps outlined above, candidates can successfully complete their application process for the Bank of Baroda Recruitment.
