Bank of Baroda Recruitment 2021 for Business Head
Vacancy Circular No:
Bank of Baroda
invites applications for recruitment of Business Head
Business Head
Baroda Corporate Centre Plot No C26 G Block Bandra Kurla Complex Bandra (East) , Mumbai, 400051 Maharashtra
Number of Vacancy: 2 Posts
| Bank of Baroda Job Notification 2021 For Business Head Post - Apply Soon Recruitment 2021 | Details |
|---|---|
| Job Role | Business Head |
| Education Requirement | |
| Total Vacancy | 2 Posts |
| Job Locations | Mumbai |
| Age Limit | Min: 36 Years Max: 55 Years |
| Experience | 15 - 20 years |
| Salary | Not Disclosed |
| Posted on | 03 Dec, 2021 |
| Last Date To Apply | 23 Dec, 2021 |
Educational Qualification: Any Bachelors Degree
Recruitment Of Head Positions On Fixed Term Engagement On Contract Basis Join India’s International Bank for a Challenging Assignment
1. Post Name: Business Head - Commercial Vehicle & Construction and Mining Equipment (CV& CME) Finance
2. No of Post: 01
3. Education Qualification: A Bachelor’s degree recognized by Govt. / Govt. Bodies / UGC / AICTE or its Equivalent. Preference will be given to candidates who possess Masters / Post Graduate qualification in Management or its equivalent.
4. Work Experience:
Minimum of 15 Years’ experience in BFSI Sector in CV & CME Finance vertical/product line and should have 3 Years of experience at Senior / Head level position. Relationship Banker with strong Collection back ground will be preferred.
5. Nature of Engagement: Contractual Engagement for a period of 3 years, with periodic performance review, extendable at the option of the Bank
6. Compensation: Remuneration will be offered based on candidate’s qualifications, experience, overall suitability, last drawn salary of the candidate and market benchmark, and shall not be a limiting factor for suitable candidates.
7. Location of Posting:
Mumbai. The candidate may be deputed to work with the team(s) within the Bank/ any subsidiary of the Bank if and as deemed necessary. The selected candidates are liable for transfer anywhere within India as per the requirement of the Bank
8. Roles & Responsibilities:
Responsible for planning and implementing sales, marketing and product development programs to achieve the target profitability and market share. Portfolio Management by choosing the right product and customer mix in the existing and new markets
9. Key Objectives:
Manage profitability by increasing productivity and yield and optimizing the acquisition cost within the budgeted levels Formulate and implement the sales and marketing plan to achieve corporate objectives for CV & CME finance. Manage overall portfolio by monitoring credit risk and collections on a continuous basis. Develop and manage sales/ marketing operating budgets. Plan and oversee the various promotional activities
1. Post Name: Business Head – Loan Against Property (LAP) & Unsecured Loans
2. No of Post: 01
3. Education Qualification: A Bachelor’s degree recognized by Govt. / Govt. Bodies / UGC / AICTE or its Equivalent. Preference will be given to candidates who possess Masters / Post Graduate qualification in Management or its equivalent.
4. Work Experience:
Minimum of 15 Years’ experience in BFSI Sector in Loan Against Property (LAP) & Unsecured Loans vertical/product line and should have 3 Years of experience at Senior / Head level position. Relationship Banking with strong Collection back ground will be preferred.
5. Nature of Engagement: Contractual Engagement for a period of 3 years, with periodic performance review, extendable at the option of the Bank
6. Compensation: Remuneration will be offered based on candidate’s qualifications, experience, overall suitability, last drawn salary of the candidate and market benchmark, and shall not be a limiting factor for suitable candidates.
7. Location of Posting:
Mumbai. The candidate may be deputed to work with the team(s) within the Bank/ any subsidiary of the Bank if and as deemed necessary. The selected candidates are liable for transfer anywhere within India as per the requirement of the Bank
8. Roles & Responsibilities:
Responsible for planning and implementing sales, marketing and product development programs to achieve the target profitability and market share. Portfolio Management by choosing the right product and customer mix in the existing and new markets.
9. Key Objectives:
Manage profitability by increasing productivity and yield and optimizing the acquisition cost within the budgeted levels Formulate and implement the sales and marketing plan to achieve corporate objectives for LAP & Unsecured SME Lending Manage overall portfolio by monitoring credit risk and collections on a continuous basis. Develop and manage sales/marketing operating budgets. Plan and oversee the various promotional activities
Pay Scale:
INR
Not Disclosed
Age Limit: Min: 36 Years Max: 55 Years
Selection Procedure
1. Selection will be based on short listing and subsequent round of Personal Interview and/or Group Discussion and/or any other selection method.
2. Bank reserves the right to change (cancel/ modify/ add) any of the criteria, method of selection and provisional allotment etc.
3. The Bank reserves its right to call candidates in a ratio, at its sole discretion, as per the Banks requirement.
4. Adequate candidates as decided by the Bank will be shortlisted based on their qualification, experience and overall suitability for Interview. Most suitable candidates will be called for the selection process (GD/PI/any other selection method) and merely applying / being eligible for the post does not entitle the candidate to be eligible for the selection process.
5. The qualifying marks in Interview/selection procedure will be decided by the Bank.
6. A candidate should qualify in all the processes of selection, GD and/or PI and/or other selection method (as the case may be) and should be sufficiently high in the merit to be shortlisted for subsequent process.
7. In case more than one candidate scores the cut off marks (common mark at cut off point), such candidates will be ranked according to their age in descending order.
How to Apply:
1. Online Registration of Application starts from: 03.12.2021
2. Last date for Online Registration of Application & Payment of fees: 23.12.2021
3. Candidates are required to have a valid personal email ID and Contact Number. It should be kept active till completion of this recruitment project
4. Bank may send call letters for GD and/or interview and/or Selection Process on the registered Email ID. In case, a candidate does not have a valid personal email ID, he/she should create his/ her new email ID before applying Online.
5. Guidelines For Filling Online Application:
i. Candidates should visit Bank’s website www.bankofbaroda.co.in/Careers.htm and register themselves online in the appropriate Online Application Format, available through the link being enabled on the Career Page -> Current Opportunities on the Bank’s website & pay the application fee using the Payment Gateway.
ii. Candidates need to upload their Resume while filling online application. Candidates are also required to upload their scanned photograph, signature and other documents related their eligibility. Please refer to Annexure II regarding scanning of photograph & signature and upload of documents.
iii. Candidates are advised to carefully fill in the online application themselves as no change in any of the data filled in the online application will be possible/ entertained. Prior to submission of the online application, candidates are advised to verify the details in the online application form and modify the same if required.
a. No change is permitted after clicking on SUBMIT button. Visually Impaired candidates will be responsible for getting the details filled in/carefully verifying, in the online application and ensuring that the same are correct prior to submission as no change is possible after submission.
iv. The name of the candidate should be spelt correctly in the application as it appears in the certificates/ mark sheets. Any change/ alteration found may disqualify the candidature.
v. An online application which is incomplete in any respect and unsuccessful fee payment will not be considered as valid.
vi. Candidates shall also be required to submit supporting documents such as DOB Proof, Graduation Certificate, Other Certifications, Experience Letter, Document showing Break up of CTC, Latest Salary Slip (e.g. October / November 2021), etc. at the time of submitting the online application form
vii. Candidates are advised in their own interest to apply online much before the closing date and not to wait till the last date to avoid the possibility of disconnection / inability / failure to log on to the website on account of heavy load on internet or website jam
viii. Bank of Baroda does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of aforesaid reasons or for any other reason beyond the control of Bank of Baroda.
Important Dates:
Published on: 04 December 2021
For more details, please refer to official notification at Download Official Notification
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About Bank of Baroda Recruitment
About Bank of Baroda
Bank of Baroda is an Indian nationalised banking and financial services company. It is under the ownership of Ministry of Finance, Government of India. It is the fourth largest nationalised bank in India, with 132 million customers, a total business of US$218 billion, and a global presence of 100 overseas offices.
Bank of Baroda was established on 20th July 1908. Its Headquarters is located in Vadodara, Baroda. Bank of Baroda offers a range of banking products and financial services to corporate and retail customers. IndiaFirst Life Insurance Company is a jv (joint venture) between Bank of Baroda and fellow Indian state-owned bank Andhra Bank, and UK's financial and investment company Legal & General. Bank of Baroda and Manipal University have established the Baroda Manipal School of Banking, which offers a Postgraduate Diploma in Banking & Finance (PGDBF) from Manipal University.
Bank of Baroda recruitment offers great career opportunities for several posts such as Probationary Officers, Specialist Officers, Part Time Medical Consultant, Specialist Officers, Clerk, Chief Manager (Finance) - Chartered Accountant, Medical Consultant, Manager (Technical) - (Mechanical/ Electrical/ Chemical/ Civil), Manager (Finance) - Credit, Manager (Finance) - SME, Manager (Treasury Operations), Manager (Planning), Manager (Risk Management), Civil Engineers, Architects, Security Officers, Official Language Officers (Hindi Officers).
Interested candidates can pursue courses in Degree in any discipline, MD in General Medicine, Graduate being an Associate/ Fellow of the Institute of Chartered Accountants of India, for a great career at Bank of Baroda.
Frequently Asked Questions (FAQs)
How many vacancies are there?
There are 2 vacancies in total. Business Head: 2 Posts,
What is the Pay Scale for Business Head?
The Payscale is as follows Business Head: INR Not Disclosed,
When can I can apply for Business Head job at Bank of Baroda
You can go through the offical document provided, and follow the instructions to apply online. Always follow the dates mentioned in the official PDF.
Where will I be placed if selected?
The selected candidate will be placed in Baroda Corporate Centre Plot No C26 G Block Bandra Kurla Complex Bandra (East) , Mumbai
What is Bank of Baroda Business Head: 2 Posts, Application Last Date
The last date to apply for Bank of Baroda Business Head: 2 Posts, is 23rd December, 2021
How can I apply for this job?
Complete information regarding this job is given on this page. Link to official document is also provided. The candidates are adivsed to go through it thorouly before Apply Online. If the job interests you and you are eligible for Business Head, then click on the apply online link given below. You can apply online. Remember the last date to apply for this job is 23rd December, 2021
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