The Bank of Baroda (BOB) has recently announced an extensive recruitment drive across multiple departments. Bank of Baroda Recruitment 2024. Including Finance, MSME Banking, Digital Group, Receivables Management, Information Technology, and Corporate & Institutional Credit. This guide provides a detailed overview of the various positions, eligibility requirements, and application process for aspiring candidates. BOB offers these roles on a contractual basis, making it an excellent opportunity for experienced professionals.
Overview of the Recruitment Process
Bank of Baroda’s recruitment process is designed to select skilled candidates through shortlisting and personal interviews. The online application began on October 30, 2024, and will close on November 19, 2024. Candidates interested in BOB should complete their applications promptly and meet the necessary qualifications for their desired positions.
Types of Departments and Positions
Each department at Bank of Baroda has openings for specific roles with distinct responsibilities and requirements.
Based on the document for Bank of Baroda’s recruitment drive, here is a breakdown of the vacancies, positions, and salaries for each department. This information helps candidates understand the different roles available, the qualifications required, and the expected compensation.
1. Finance Department
- Position: Manager – Business Finance
- Vacancies: 1
- Salary: Remuneration is based on qualifications, experience, and market standards.
2. MSME Banking Department
- Position: MSME Relationship Manager
- Vacancies: 120
- Salary: Based on qualifications and experience.
- Position: MSME Relationship Senior Manager
- Vacancies: 20
- Salary: Varies with experience and market benchmarks.
3. Digital Group Department
- Position: Head – AI
- Vacancies: 1
- Salary: Competitive and based on experience and market rates.
- Position: Head – Marketing Automation
- Vacancies: 1
- Salary: Decided as per qualifications and experience.
- Position: Head – Merchant Business Acquiring
- Vacancies: 1
- Salary: Based on industry standards and prior experience.
- Position: Project Manager – Head
- Vacancies: 1
- Salary: Determined by experience and market rate.
- Position: Digital Partnership Lead – Fintechs
- Vacancies: 1
- Salary: Based on qualifications and prior relevant experience.
- Position: Zonal Lead Manager – Merchant Acquiring Business
- Vacancies: 13
- Salary: Market-based.
- Position: Manager – AI Engineer
- Vacancies: 10
- Salary: Decided as per experience and market standards.
- Position: UI/UX Specialist / Usability
- Vacancies: 8
- Salary: Based on industry benchmarks.
- Position: Business Manager (UPI)
- Vacancies: 5
- Salary: Determined by qualifications and experience.
4. Receivables Management Department
- Position: Zonal Receivables Manager
- Vacancies: 27
- Salary: Competitive, based on experience and location.
- Position: Regional Receivables Manager
- Vacancies: 40
- Salary: Determined by experience and market standards.
- Position: Area Receivables Manager
- Vacancies: 120
- Salary: Based on qualifications, experience, and region.
5. Information Technology Department
- Position: Senior Cloud Engineer
- Vacancies: 6
- Salary: Remuneration based on qualifications, expertise, and market standards.
- Position: Senior AI Engineer (AI/GenAI/NLP/ML)
- Vacancies: 4
- Salary: Competitive, based on skills and market standards.
- Position: Senior UI/UX Designer
- Vacancies: 1
- Salary: Market-based, dependent on experience.
- Position: Application Architect
- Vacancies: 2
- Salary: Decided as per experience and market rates.
- Position: Enterprise Architect
- Vacancies: 6
- Salary: Based on qualifications and relevant experience.
6. Corporate & Institutional Credit Department
- Position: Underwriting Specialists (Infra, Heavy Industry, Real Estate, Power)
- Vacancies: 1 each in various sectors
- Salary: Compensation varies with experience, generally competitive within the industry.
- Position: Product Sales Manager (Transaction Banking)
- Vacancies: 5
- Salary: Market-based, depending on qualifications and experience.
- Position: Senior Product Sales Manager (Transaction Banking)
- Vacancies: 5
- Salary: Industry-standard, adjusted for relevant experience.
- Position: Relationship Manager (MNC, Real Estate, Conglomerate, Credit Lite)
- Vacancies: 6 per specialization
- Salary: Based on experience and qualifications.
- Position: Senior Relationship Manager (MNC, Real Estate, Conglomerate, Credit Lite)
- Vacancies: 3 per specialization
- Salary: Competitive, determined by experience and market rates.
Remuneration and Benefits
- Salary: BOB offers salaries based on qualifications, experience, and market benchmarks, so the exact figures may vary for each role.
- Location of Posting: Based on the bank’s requirements, successful candidates may be posted at any office or branch across India.
Application Fee
- General, EWS, and OBC: ₹600 + Taxes
- SC/ST/PWD & Women: ₹100 + Taxes
Eligibility Criteria for Each Position
The eligibility criteria for each position in Bank of Baroda’s recruitment drive vary depending on the role. Here’s a detailed overview of the qualifications, experience requirements, and age limits for the major positions across different departments.
1. Finance Department
- Position: Manager – Business Finance
- Qualifications: Chartered Accountant (CA) or a Full-Time MBA in Finance.
- Experience: Minimum 1 year of relevant experience in banking, non-banking financial companies (NBFC), or financial institutions.
- Age: 22 to 28 years.
2. MSME Banking Department
- Position: MSME Relationship Manager
- Qualifications: Full-time graduate in any discipline; an MBA in Marketing or Finance is preferred.
- Experience: Minimum 3 years as a relationship manager in MSME banking with any bank, NBFC, or financial institution.
- Age: 24 to 34 years.
- Position: MSME Relationship Senior Manager
- Qualifications: Same as the MSME Relationship Manager.
- Experience: Minimum 5 years as a relationship manager in MSME banking.
- Age: 26 to 36 years.
3. Digital Group Department
- Position: Head – AI
- Qualifications: B.E. or B.Tech in Computer Science, IT, Information Science, or an MCA. An MS or an MBA/PGDM is preferred.
- Experience: Minimum 3 years as an AI practitioner, including experience in AI research and development or AI implementation.
- Age: 33 to 45 years.
- Position: Head – Marketing Automation
- Qualifications: Graduation in any discipline with an MBA/PGDM; certifications in Data Science and Digital Marketing are preferred.
- Experience: Minimum 10 years in marketing technology stack, automation, or digital marketing, with at least 5 years in marketing automation.
- Age: 33 to 50 years.
- Position: Digital Partnership Lead – Fintechs
- Qualifications: Graduate degree; an MBA/PGDM in Marketing is preferred.
- Experience: Minimum 8 years in digital partnerships and B2B sales, preferably in the banking or financial sector.
- Age: 30 to 45 years.
- Position: Zonal Lead Manager – Merchant Acquiring Business
- Qualifications: B.E. or B.Tech in Computer Science, IT, Information Science, or an MCA. An MBA/PGDM is preferred.
- Experience: Minimum 5 years in sales of POS and value-added services.
- Age: 25 to 40 years.
- Position: Manager – AI Engineer
- Qualifications: Degree in IT, Computer Science, Business, or Data Science; an MS or MBA/PGDM is preferred.
- Experience: Minimum 3 years in technical support roles, preferably in AI, data science, or software development.
- Age: 24 to 40 years.
4. Receivables Management Department
- Position: Zonal Receivables Manager
- Qualifications: Graduation in any discipline; post-graduate degrees are preferred.
- Experience: Minimum 16 years in banking or NBFCs, with at least 12 years in collections.
- Age: 40 to 52 years.
- Position: Regional Receivables Manager
- Qualifications: Same as Zonal Receivables Manager.
- Experience: Minimum 10 years in banking or NBFCs, with at least 5 years in collections.
- Age: 32 to 42 years.
- Position: Area Receivables Manager
- Qualifications: Same as Zonal Receivables Manager.
- Experience: Minimum 6 years in banking or NBFCs, with 2 years managing large locations or territories.
- Age: 28 to 38 years.
5. Information Technology Department
- Position: Senior Cloud Engineer
- Qualifications: B.E. or B.Tech in Computer Science or IT.
- Experience: Minimum 6 years of technical experience, with at least 3 years in cloud computing.
- Age: 28 to 40 years.
- Position: Senior AI Engineer (AI/GenAI/NLP/ML)
- Qualifications: B.E. or B.Tech in Computer Science or IT.
- Experience: Minimum 5 years in data science and generative AI, with a background in machine learning, deep learning, and natural language processing.
- Age: 28 to 40 years.
- Position: Senior UI/UX Designer
- Qualifications: B.E. or B.Tech in Computer Science or IT.
- Experience: Minimum 6 years in UI/UX design.
- Age: 28 to 40 years.
- Position: Application Architect
- Qualifications: B.E. or B.Tech in Computer Science or IT.
- Experience: Minimum 6 years in IT, with 3 years in architecture, design, and management of banking platforms.
- Age: 28 to 40 years.
6. Corporate & Institutional Credit Department
- Position: Underwriting Specialists (Infra, Heavy Industry, Real Estate, Power)
- Qualifications: Graduation with an MBA/PGDM in Finance or professional certifications like CA/CMA/CFA.
- Experience: Minimum 12 years in banking or financial institutions, with at least 5 years in sector-specific underwriting for large corporates.
- Age: 32 to 45 years.
- Position: Product Sales Manager (Transaction Banking)
- Qualifications: Graduation in any discipline; additional qualifications like CA/CMA/CFA/MBA/PGDM are preferred.
- Experience: Minimum 5 years in banking or financial institutions, with 2 years in sales or relationship management in corporate credit.
- Age: 28 to 38 years.
- Position: Senior Product Sales Manager (Transaction Banking)
- Qualifications: Graduate degree and a post-graduate diploma or degree specializing in Finance.
- Experience: Minimum 8 years in banking or financial institutions, with at least 4 years in sales, relationship management, and team management in corporate credit.
- Age: 30 to 40 years.
- Position: Relationship Manager (MNC, Real Estate, Conglomerate, Credit Lite)
- Qualifications: Graduate degree and a post-graduate diploma or degree in Finance, with additional qualifications like CA/CMA/CFA/MBA/PGDM preferred.
- Experience: Minimum 8 years in public/private/foreign banks or financial institutions, with 3 years in sales or relationship management.
- Age: 30 to 40 years.
- Position: Senior Relationship Manager (MNC, Real Estate, Conglomerate, Credit Lite)
- Qualifications: Graduate degree and a post-graduate diploma or degree in Finance.
- Experience: Minimum 12 years in banking, with at least 5 years in relationship management for specific client sectors.
- Age: 32 to 45 years.
General Eligibility Guidelines
- Educational Requirements: All educational qualifications must be obtained from an institution recognized by AICTE, UGC, or the Government of India.
- Credit History: Candidates should have a healthy credit history with a CIBIL score of 650 or higher.
- Age Relaxation: Reserved categories such as SC, ST, OBC, PWD, and others receive age relaxation as per Bank of Baroda’s policies.
Age Relaxation for Reserved Categories
Bank of Baroda provides age relaxation for reserved categories to ensure equal employment opportunities for all eligible candidates. Here’s the age relaxation criteria for various categories:
Age Relaxation Criteria
- Scheduled Caste (SC) / Scheduled Tribe (ST)
- Relaxation: 5 years
- Other Backward Classes (OBC) – Non-Creamy Layer
- Relaxation: 3 years
- Persons with Disabilities (PWD)
- General / EWS: 10 years
- OBC: 13 years
- SC / ST: 15 years
- Ex-Servicemen, Commissioned Officers (including ECOs / SSCOs) with at least 5 years of military service
- General / EWS: 5 years
- OBC: 8 years
- SC / ST: 10 years
- Persons affected by the 1984 riots
- Relaxation: 5 years
Important Notes
- The maximum age relaxation is applicable based on the reserved position or category in accordance with Bank of Baroda’s recruitment policy.
- Candidates who seek age relaxation will be required to submit the relevant category certificates during the interview or at other stages of the recruitment process.
- The age limits mentioned are the maximum permissible limits after applying the relaxation.
These age relaxations enable eligible candidates from different backgrounds to apply for various roles at Bank of Baroda.
Selection Process for Candidates
The selection process for candidates applying to Bank of Baroda involves several stages designed to identify the best-suited applicants based on their qualifications, experience, and performance in the interview or any other assessment stage. Below is a detailed breakdown of the selection process.
1. Shortlisting of Candidates
- Initial Screening: The first stage involves screening applications to ensure that candidates meet the eligibility criteria, including educational qualifications and relevant work experience.
- Shortlisting Based on Qualifications and Experience: Candidates are shortlisted based on the qualifications, experience, and overall suitability for the specific position they have applied for.
- Ratio-Based Shortlisting: Bank of Baroda reserves the right to shortlist candidates in specific ratios, depending on the number of applicants and the bank’s requirements.
2. Interview / Selection Method
- Personal Interview: Shortlisted candidates are typically invited for a personal interview. The bank may also conduct an additional selection method if required.
- Merit-Based Ranking: Candidates are ranked based on their interview performance. For candidates scoring the same marks, age is used as a tiebreaker, with preference given to the older candidate.
3. Qualifying Marks in Interview / Selection
- Setting of Cut-Off Marks: The bank sets qualifying marks for the interview or selection method. Only candidates meeting or exceeding the cut-off marks are considered for the final selection.
- Eligibility for Subsequent Processes: Candidates who qualify in all selection stages are eligible for further processing based on their rank and merit.
4. Final Selection and Offer
- Cumulative Evaluation: The final selection is based on a combination of qualification, experience, and interview performance.
- Offer of Employment: Candidates who successfully clear all stages receive an offer of employment. The offer includes details about the role, location, and other employment terms.
5. Other Important Aspects
- Consideration for Alternative Positions: Bank of Baroda reserves the right to consider a candidate for a different position and/or location if they fulfill the eligibility criteria for that position and if the bank has a requirement.
- Combining Similar Positions: The bank may combine two or more similar positions into one if necessary, based on operational requirements.
Key Points to Note
- Qualification Does Not Guarantee Selection: Meeting the minimum eligibility requirements does not automatically entitle a candidate to be shortlisted for the interview.
- Bank’s Discretion: The bank has complete discretion in the selection process and can make adjustments as needed, including changes to the criteria or the method of selection.
- Multiple Applications: In cases where candidates apply for multiple positions within the same department, only the latest completed application is retained, and others are disregarded.
How to Apply Online
Applying online for positions at Bank of Baroda involves a straightforward process. Here’s a step-by-step guide for candidates to complete their applications successfully.
Step-by-Step Guide to Applying Online
Step 1: Visit the Bank of Baroda Careers Page
- Go to the official Bank of Baroda website: www.bankofbaroda.in.
- Navigate to the Careers section, then select Current Opportunities to view available job openings.
Step 2: Register Online and Fill Out the Application Form
- Click on the link for the position you wish to apply for.
- Complete the online registration by entering your personal details, educational qualifications, and professional experience.
- Upload Your Bio-Data: Prepare and upload your detailed bio-data (resume) as part of the application.
Step 3: Upload Required Documents
You will need to upload specific documents to verify your eligibility. Ensure that the documents are in the required format and meet file size restrictions.
- Photograph: Recent passport-sized color photograph.
- Signature: Scanned image of your signature.
- Other Documents: Upload supporting documents, such as:
- Proof of date of birth
- Graduation and other educational certificates
- Relevant experience certificates
- Latest salary slip (July/August/September 2024)
Step 4: Verify Details and Submit
- Carefully review all the information entered in the form.
- Ensure that all required fields are completed accurately, as no modifications can be made after submission.
- Once satisfied with the details, submit the application.
Step 5: Pay the Application Fee
- Application Fee:
- General, EWS, and OBC: ₹600 + applicable taxes
- SC/ST/PWD & Women: ₹100 + applicable taxes
- Payment can be made through debit card, credit card, or internet banking using the integrated payment gateway.
- After successful payment, an e-receipt and a filled application form will be generated. Print or save these for future reference.
Step 6: Confirmation and Final Submission
- On successful submission, you will receive an acknowledgment number. Note this number for any future communication regarding the application.
- Candidates should keep their registered email ID active, as communication, such as interview call letters, will be sent to this email only.
Important Guidelines for Online Application
- Multiple Applications: If a candidate submits multiple applications for the same position, only the latest complete application will be considered.
- Early Application: It is advisable to complete the application well before the deadline to avoid any last-minute issues with internet connectivity or website traffic.
- Accuracy: Ensure that all details match your official documents. Discrepancies may lead to disqualification.
- No Edits After Submission: Double-check all information before submission, as changes cannot be made afterward.
Important Dates
- Application Start Date: October 30, 2024
- Application End Date: November 19, 2024
Following these steps carefully will help ensure a smooth application process for Bank of Baroda’s recruitment.
Required Documents for Application
Here’s a list of the essential documents required when applying for positions at Bank of Baroda. Having these ready in the correct format will make your application process quicker and more efficient.
List of Required Documents for Bank of Baroda Application
- Proof of Date of Birth
- Acceptable documents: Birth certificate, passport, or 10th-grade mark sheet (showing your date of birth).
- Educational Certificates
- Graduation Certificate: Proof of graduation (e.g., degree certificate or final mark sheet) from a recognized institution.
- Post-Graduation or Additional Qualification Certificates (if applicable): Any additional qualifications, like an MBA, CA, or other professional degrees relevant to the position.
- Professional Certifications: Relevant certifications, if specified for the role (e.g., certificates in Data Science, Digital Marketing, etc.).
- Experience Certificates
- Provide experience letters from previous employers verifying your work experience in relevant roles.
- Make sure the documents clearly specify the duration, designation, and responsibilities held, especially if the role requires a specific experience level.
- Latest Salary Slip
- Upload the latest salary slip, ideally from recent months (July, August, or September 2024) to verify current or last-held employment.
- Bio-Data (Resume)
- A detailed resume highlighting your educational background, work experience, skills, and other relevant details.
- Scanned Photograph
- A recent passport-sized color photograph, scanned and uploaded as per the required specifications (format and size).
- Scanned Signature
- Scanned image of your signature, uploaded in the specified format and file size as per Bank of Baroda’s requirements.
- Category-Specific Documents (if applicable)
- Caste Certificate: For candidates applying under SC/ST/OBC categories, a valid caste certificate in the prescribed format.
- EWS Certificate: For those applying under the Economically Weaker Sections (EWS) category, an income and asset certificate from a recognized authority.
- Disability Certificate: For Persons with Disabilities (PWD), a valid disability certificate issued by an authorized medical board.
- No Objection Certificate (NOC): For candidates currently employed in government or public sector roles, an NOC from the employer.
Important Tips for Document Submission
- Format and File Size: Ensure that each document is in the specified format (PDF, JPEG) and meets the file size requirements as per the application guidelines.
- Document Clarity: Make sure scanned copies are clear and readable, as unclear documents may affect your eligibility.
- Accuracy: Double-check that all information on the documents matches the details you enter in the application form.
Conclusion
Bank of Baroda’s recruitment drive presents a unique opportunity for qualified professionals across multiple departments. With diverse roles spanning from finance and digital technology to relationship management and compliance, BOB offers candidates a chance to contribute to a leading financial institution. By following the application process carefully and meeting the eligibility criteria, you can embark on a rewarding career with Bank of Baroda.
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FAQ’S
1. Can I apply for more than one position in Bank of Baroda’s recruitment?
- No, candidates can apply for only one position within a department. If multiple applications are submitted for the same department, only the latest completed application will be considered.
2. What is the application fee for different categories?
- The application fee is ₹600 + applicable taxes for General, EWS, and OBC candidates, while SC/ST/PWD and women candidates are required to pay a reduced fee of ₹100 + applicable taxes.
3. How is the selection process conducted?
- The selection process includes shortlisting of candidates based on qualifications and experience, followed by a personal interview or any additional selection method, as required by the bank.
4. Is there an age relaxation for reserved categories?
- Yes, age relaxation is provided for reserved categories. For example, SC/ST candidates receive 5 years of relaxation, OBC candidates receive 3 years, and PWD candidates receive 10-15 years, depending on the category.
5. What documents are required for the online application?
- Required documents include proof of date of birth, educational certificates, experience certificates, latest salary slip, scanned photograph, scanned signature, and category-specific documents (like caste or disability certificates) if applicable.
6. How will I know if I have been shortlisted for an interview?
- Bank of Baroda will communicate with shortlisted candidates via the registered email address provided in the application. It’s important to keep the email active for any notifications regarding the interview or further selection process.
7. Is there a specific format or size for uploading documents?
- Yes, documents need to be in specific formats, such as PDF or JPEG, and should meet the file size requirements mentioned in the application guidelines. Make sure to check these details before uploading.
8. What happens if I enter incorrect information in the application form?
- Double-check all information before submitting, as edits are not allowed after submission. Incorrect information may lead to disqualification from the recruitment process.
9. Can candidates from other states apply, and where will the postings be?
- Yes, candidates from all over India can apply. Selected candidates may be posted at any branch or office of Bank of Baroda across India, based on the bank’s requirements.
10. When will the application process close?
- The last date to submit the application is November 19, 2024. Candidates are advised to complete the application well in advance to avoid any last-minute issues.
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