Bank of Baroda Recruitment 2022 for Business Correspondent Supervisor

Vacancy Circular No:

Bank of Baroda
invites applications for recruitment of Business Correspondent Supervisor

Business Correspondent Supervisor

Number of Vacancy: 5 Posts

Educational Qualification: B.Tech/B.E, M.Sc, MBA/PGDM, Retired Staff

Bank of Baroda invites application for appointment of Business Correspondent Supervisor on contract basis for Rohtas+ Kaimur district (post- 01), Bhojpur+Buxar district (post-02), Jamui+ Lakhisarai + Munger district (post-01) and Nalanda+ Nawada +Sheikhpura district (post-01) under Gaya Region

1. Position: Business Correspondent Supervisor

2. No of post: 05

3. Eligibility Criteria: 

a) For Retired Bank Employees :Retired officers (including voluntarily retired) of any PSU bank up to the rank of Chief Manager. Retired clerks and equivalent of Bank of Baroda having passed JAIIB with good track record. All retired bank employees applicants should have rural banking experience at least 3 years.

b) For Young Candidates: Minimum qualification should be graduate with Computer knowledge (MS Office, email, Internet etc.), however qualification like M.Sc. (IT)/ BE (IT)/ MCNMBA will be given preference.

4. Geographical Location Of The Candidates: The candidates should be selected from the same District where they will be assigned to function and if suitable candidates are not available in the same district, the candidates may be selected from the adjoining districts. Candidate should be proficient in local language & dialect both reading and writing.

5. Other Criteria: 

a) Due diligence should be followed at the time of appointment (In case of retired bank employees, those who are having adverse record, or terminated/ dismissed from past service etc. should not be considered). Regional Office should ensure proper verification of KYC, CIBIL Score, other enquiries etc.

b) Applicants should be willing and in a position to visit villages in the district for supervision and other activities as and when assigned on periodic intervals.

c) Should have accommodation near the Regional office/Nodal branch and not in any case outside the district for which selection is to be made.

d) While assigning BC agents to a supervisor, it should be ensured that No BC agent is related to the supervisor as a family member, blood relation, close relative or having any business relations.

6. Assigning BCS To Supervisor: BC Supervisors will be allotted 50-60 BC Agents. The number of BCs to be monitored by BC supervisors may be escalated on higher side but not more than 15-20 % of allotted numbers of BCs.

7. Period Of Contract: The contract will be initially for a period of 12 months subject to review after every 6 months.

8. Payment Of Monthly Remuneration: The BC Supervisors will have a mixed structure of monthly remuneration comprising of both fixed and variable components.

a) Fixed Component: Rs. 15,000/-

b) Variable Component: Rs. 10,000/-

The variable components will be ascertained based on the score secured by each BC agent on various parameters as per scoring matrix given