Bank of Baroda Recruitment 2022 for 22 Product Head, More

Vacancy Circular No:

Bank Of Baroda
invites applications for recruitment of Product Head, More

Product Head, More

Number of Vacancy: 22 Posts

Educational Qualification: Any Graduate

Recruitment Of Human Resource On Fixed Term Engagement On Contract Basis For Wealth Management Services Department In Bank Of Baroda

i. Refer to the detailed advertisement dated 07.01.2022 in leading newspapers/ notification on our bank’s website inviting applications for various positions in Wealth Management Services Department.

1. Position: Product Head –Private Banking

2. No of Post: 01

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

4. 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 coordinate 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.

5. Nature of Engagement: Contractual Engagement for a period of 5 years, with periodic performance review. The term of engagement may be extended at the option of the Bank.

1. Position: Group Sales Head (Virtual RM Center)

2. No of Post: 01

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

4. Desirable qualification: 2 years full time Post Graduate Degree / Diploma in Management

5. 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 telesales

• 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.

6. Nature of Engagement: Contractual Engagement for a period of 5 years, with periodic performance review. The term of engagement may be extended at the option of the Bank.

1. Position: Private Banker – Radiance Private

2. No of Post: 20

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

4. Desirable qualification : 2 years full time Post Graduate Degree / Diploma in Management , CFP, CFA or equivalent qualifications

5. 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.

• Proven track record of high performance and bespoke relationship management

• Excellent connections in the respective private banking markets

• Well-versed in terms of Banking regulations, and reforms and developments/changes across the Wealth Management business spectrum

6. Nature of Engagement: Contractual Engagement for a period of 5 years, with periodic performance review. The term of engagement may be extended at the option of the Bank.

7. Remuneration offered will be on Fixed Salary basis depending on candidate’s qualifications, experience, overall suitability, last drawn salary of the candidate and market benchmarks for the respective posts. Apart from the Fixed Salary, selected candidate will be eligible for Performance Linked Variable Pay which will be over and above the Fixed Salary but linked to the achievement of specific targets.