BOB: Recruitment of Key Management Personnel For Debt Capital Market Desk on Fixed Term Engagement on Contract Basis

Bank of Baroda (BOB) is accepting applications for the appointment of Key Management Personnel to lead its Debt Capital Market Desk on a fixed-term contractual basis. This pivotal role is designed to drive the bank’s growth in the debt capital market segment. The selected candidate will be responsible for spearheading key initiatives, including bond issuance, debt syndication, and offering structured finance solutions. The ideal applicant will possess extensive expertise in capital markets, financial instruments, and regulatory compliance. To qualify, candidates must have a solid background in banking, finance, or investment management with demonstrated success in similar roles. This contractual position offers an attractive remuneration package, providing the opportunity to shape innovative financing strategies and enhance the bank’s competitive edge in the market.

Job Location

• Mumbai

Experience Requirement

• As specified in the detailed advertisement

Number of Vacancies

• 02

Important Date

• Online Registration of Application starts from: 15.01.2025
• Last date for Submission of Application & Payment of fees: 04.02.2025

Age limite

• Minimum Age – 25 years,
• Maximum Age – 45 years

Educational Qualification

• Mandatory:
  • A Degree (Graduation) in any discipline from a University or Institution recognized by the Government of India / UGC / AICTE.
  • A Post-Graduate Degree in Law or Management, or a professional qualification like CA/CS/ICWA.
• Desirable:
  • Certification from the National Institute of Securities Markets (NISM) by passing the NISM Series-I exam.

Role and Responsibilities

The Key Management Personnel will be responsible for overseeing and managing activities related to the bank’s Debt Capital Market Desk. This strategic role entails significant responsibilities to drive growth, innovation, and efficiency within the debt financing sector. The key duties include:

1. Debt Issuance and Management: Managing the entire lifecycle of debt instruments, including bond issuances, commercial papers, and structured finance products.
2. Debt Syndication: Coordinating with investors, financial institutions, and stakeholders to successfully syndicate debt offerings.
3. Market Research and Strategy Development: Analyzing market trends, identifying opportunities, and formulating strategies to enhance the bank’s competitive positioning in the capital markets.
4. Regulatory Compliance: Ensuring adherence to regulatory guidelines and frameworks governing debt markets.
5. Client Engagement: Building and maintaining relationships with institutional clients, corporates, and investors to foster business growth.
6. Innovative Financing Solutions: Developing and structuring innovative financial products tailored to meet the needs of clients and market conditions.

Eligibility Criteria

Candidates applying for this prestigious role must meet the following eligibility requirements:

1. Educational Qualifications:
   • A graduate degree in finance, economics, business administration, or a related field.
   • A master’s degree or professional certifications such as CFA, CA, or MBA in finance would be advantageous.
2. Experience Requirements:
   • Extensive experience in capital markets, specifically in debt issuance, structuring, or syndication.
   • Demonstrated leadership and management experience in a financial institution or investment banking setting.
3. Skills and Competencies:
   • Deep understanding of financial instruments, bond markets, and investment strategies.
   • Strong analytical and decision-making abilities.
   • Excellent communication and interpersonal skills for engaging with clients and stakeholders.
   • Proficiency in regulatory frameworks and compliance requirements in the debt market.

Key Advantages of Joining Bank of Baroda

1. Strategic Role: Working as a Key Management Personnel at BOB provides an opportunity to influence strategic decisions and contribute to the growth of one of India’s largest banks.
2. Exposure to Capital Markets: Gain in-depth exposure to the dynamic and evolving landscape of debt capital markets.
3. Innovation and Leadership: Engage in developing innovative financial products and leading market initiatives.
4. Career Growth: A significant role with potential for future leadership positions.
5. Networking Opportunities: Collaborate with industry leaders, corporates, and institutional investors.

Compensation and Benefits This position offers a competitive compensation package commensurate with industry standards and candidate experience. Additional benefits may include performance-based incentives and professional development opportunities.

Application Process

1. Online Application: Candidates must apply online through the official Bank of Baroda website.
2. Documentation: Prepare the following documents for submission:
   • Updated Resume
   • Educational Certificates
   • Professional Experience Certificates
   • Any relevant certifications or awards
3. Application Deadline: Ensure submission by 04 February 2025.
4. Selection Process:
   • Shortlisting: Based on qualifications and experience.
   • Interview: Selected candidates will be called for interviews to assess their technical skills and strategic vision.