Hiring of Human Resources on Fixed-Term Engagement for Multiple Departments in Bank of Baroda (2025)

Bank of Baroda is inviting applications for the recruitment of human resources on a fixed-term engagement basis for various positions across multiple departments. This exciting opportunity is available for qualified individuals with relevant experience to join a prestigious institution that is committed to offering growth, stability, and professional development.

Online Registration & Key Dates:

• Start Date for Online Registration: March 26, 2025
• Last Date for Submission of Application & Payment of Fees: April 15, 2025

It is essential to complete the registration process and fee payment before the last date to ensure that the application is processed successfully.

Important Instructions:

1. Fee Payment Requirement: The registration will be considered complete only after the fee is deposited through the online mode before the last date. Candidates must retain the acknowledgment number and a copy of the application form for future reference.
2. Eligibility Criteria: Candidates should ensure they meet the eligibility requirements before applying. Shortlisting, interview, and selection will be provisional until verification of documents.
3. Communication: All communications, including call letters and interview schedules, will be sent via email. Candidates must ensure their email address is correct and active.
4. Eligibility Verification: Candidature will be subject to verification of documents as and when required by the Bank.
5. General Instructions: Candidates must be willing to serve anywhere in India. Furthermore, experience below six months or in clerical positions will not be considered.

Position Details & Eligibility Criteria (As of March 1, 2025):

1. Deputy Defence Banking Advisor (DDBA)
   • Number of Vacancies: 1
   • Age Requirement: Maximum 57 years
   • Educational Qualification: A Bachelor’s degree in any field from a university recognized by the Government.
   • Eligibility Criteria: The position is open to retired personnel who have served in the Indian Armed Forces, holding the rank of Colonel or Lieutenant Colonel in the Indian Army, or Group Captain/Wing Commander in the Indian Air Force.
   • Experience: Only candidates with prior military service experience are eligible to apply.
2. Wealth Management Services (Total 145 Vacancies)
   • Private Banker – Radiance Private
     • Vacancies: 3
     • Age Limit: Minimum 33 years, Maximum 50 years
     • Qualification: Graduation in any discipline. 2 years full-time post-graduate degree/diploma in management and regulatory certifications such as NISM/IRDA are desirable.
     • Experience: At least 12 years in financial services, with 8 years in wealth management or related profiles.
   • Group Head
     • Vacancies: 4
     • Age Limit: Minimum 31 years, Maximum 45 years
     • Experience: At least 10 years in managing sales in wealth management or retail banking, with at least 5 years in a team leadership role.
   • Territory Head
     • Vacancies: 17
     • Age Limit: Minimum 27 years, Maximum 40 years
     • Experience: 6 years in relationship management, with at least 2 years in a team lead role.
   • Senior Relationship Manager
     • Vacancies: 101
     • Age Limit: Minimum 24 years, Maximum 35 years
     • Experience: At least 3 years in relationship management in wealth management.
   • Wealth Strategist (Investment & Insurance)
     • Vacancies: 18
     • Age Limit: Minimum 24 years, Maximum 45 years
     • Experience: At least 3 years in wealth management, with expertise in investment products, mutual funds, insurance, etc.
   • Product Head – Private Banking
     • Vacancies: 1
     • Age Limit: Minimum 24 years, Maximum 45 years
     • Experience: At least 3 years of relevant experience in private banking, managing high-net-worth clients with a TRV of Rs. 15 Cr and above.
   • Portfolio Research Analyst
     • Vacancies: 1
     • Age Limit: Minimum 22 years, Maximum 35 years
     • Experience: At least 1 year in research analysis in wealth management.

Compensation and Posting Locations:

The remuneration for each position varies according to experience, qualifications, and job requirements. Below are the indicative compensation packages for the various positions:

1. Defence Banking
   • Deputy Defence Banking Advisor (DDBA): ₹18 Lakh annually
   • Location: Jodhpur
2. Wealth Management Services
   • Private Banker – Radiance Private: ₹14 Lakhs to ₹25 Lakhs per annum
   • Locations: Bengaluru, New Delhi, Pune
   • Group Head: ₹16 Lakhs to ₹28 Lakhs per annum
   • Locations: Bengaluru, Kolkata, Lucknow, Mumbai
   • Territory Head: ₹14 Lakhs to ₹25 Lakhs per annum
   • Locations: Ahmedabad, Bengaluru, Bhopal, Kanpur, Kolkata, Mumbai, New Delhi, Vadodara, Varanasi
   • Senior Relationship Manager: ₹8 Lakhs to ₹14 Lakhs per annum
   • Locations: Ahmedabad, Bengaluru, Chennai, Hyderabad, Jaipur, Kolkata, Mangaluru, Mumbai, New Delhi, Prayagraj, Surat, Vadodara, Varanasi
   • Wealth Strategist: ₹12 Lakhs to ₹20 Lakhs per annum
   • Locations: Bengaluru, Hyderabad, Kolkata, Lucknow, Mumbai, New Delhi
   • Product Head – Private Banking: ₹10 Lakhs to ₹16 Lakhs per annum
   • Location: Mumbai
   • Portfolio Research Analyst: ₹6 Lakhs to ₹10 Lakhs per annum
   • Location: Mumbai

Nature of Employment:

• The selected candidates will be employed on a contractual basis for a period of three years, or until they reach the age of 62 years, whichever comes earlier.
• The contract may be extended annually for up to two additional years based on satisfactory performance, subject to a maximum of five years.

Age Relaxation:

Age relaxation will be applicable as per government norms for the following categories:

1. Scheduled Caste (SC)/Scheduled Tribe (ST): 5 years
2. Other Backward Classes (OBC): 3 years
3. Persons with Disability (PWD):
   • Gen/EWS: 10 years
   • OBC: 13 years
   • SC/ST: 15 years
4. Ex-Servicemen: 5 years for General/EWS, 8 years for OBC, and 10 years for SC/ST
5. Persons affected by the 1984 riots: 5 years

Application Fee:

• For General, EWS, and OBC candidates: ₹600 + Applicable Taxes + Payment Gateway Charges
• For SC, ST, PWD, and Women candidates: ₹100 + Applicable Taxes + Payment Gateway Charges

The non-refundable application fee must be paid online, even if the candidate is not shortlisted for the interview.

Selection Process:

1. Shortlisting: Candidates will be shortlisted based on their qualifications, experience, and overall suitability for the role.
2. Personal Interview (PI): Shortlisted candidates will be called for a personal interview or other selection methods as deemed necessary by the Bank.
3. Final Selection: Candidates will be selected based on their performance in the interview and other selection rounds.

Candidates should be aware that the Bank reserves the right to alter the selection criteria, cancel or modify the selection process, or make changes to the vacancies as per the need.

How to Apply:

1. Step 1: Visit the Bank of Baroda official website and navigate to the “Current Opportunities” section.
2. Step 2: Register for an account and complete the online application form.
3. Step 3: Upload your recent photograph and relevant documents.
4. Step 4: Pay the application fee through the online payment gateway.
5. Step 5: Submit your application and save a copy for future reference.

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