Last Date for Submission of Application is on 15th March, 2022.
No.of Posts and Vacancies :-
Manager, Senior Manager and Head/ Deputy Head - 42 Posts
Job Location - Mumbai
Education Qualification :
Recruitment Of Qualified And Experienced Professionals For Various Positions On Regular & Contractual Basis In Risk Management & Fraud Risk Departments In Bank Of Baroda Join India’s International Bank For A Challenging Assignment
1. Name of the Post: Manager – Fraud Risk Analyst (Fraud Risk Management Department)
2. Nature of Engagement: Regular MMG/S-II
3. Vacancies: 01
4. Education Qualification: B. Tech/ B.E./ M. Tech/ M.E. in Computer Science/ IT/ Data Science/ Machine Learning & AI. or Graduate in Computer Science/ IT i.e. B.Sc/ BCA/ MCA. and Mandatory Certification from SAS.
5. Work Experience: Min. 3 years’ post qualification experience of working in Fraud Risk Management Department with min. 1 year experience of writing the rules.
6. Likely Place of Posting: Mumbai
7. Emoluments:
a) For Regular Positions At present, monthly CTC at the initial level for MMG/S-II & MMG/S-III including DA, Special Allowance, HRA, CCA and all perks and benefits like quarters facility, in lieu of HRA, for Officers; Conveyance; Medical Aid; LTC; etc., admissible as per rules of the Bank, in force from time to time is approximately R 1.48 lacs /- & R 1.78 lacs per month (as amended from time to time), respectively in Mumbai. Allowances may vary depending upon the place of posting.
b) For Contractual Positions Remuneration will be offered based on candidate’s qualifications, experience, overall suitability, last drawn salary of the candidate and market benchmarks for the respective posts, and shall not be a limiting factor for suitable candidates.
8. Probation Period: For Regular Positions The selected candidate will be on probation for a period of 12 months (-1- year) of active service from the date of his/ her joining the Bank. For Contractual Positions The selected candidate will be on probation for a period of 06 months of active service from the date of his/ her joining the Bank.
1. Name of the Post: Manager – Risk Analyst (Fraud Risk Management Department)
2. Nature of Engagement: Regular MMG/S-II
3. Vacancies: 03
4. Education Qualification: B.E./ B. Tech in Computer Science / Data Science or Graduation in Mathematics / Statistics.
5. Work Experience: Min. 3 years’ post qualification experience in Predictive Modelling/ Statistical Analysis/ Data Science in BFSI sector out of which min. 1 years’ experience as a Model Developer. Experience in fraud risk management and it’s related field will be preferred.
6. Likely Place of Posting: Mumbai
7. Emoluments:
a) For Regular Positions At present, monthly CTC at the initial level for MMG/S-II & MMG/S-III including DA, Special Allowance, HRA, CCA and all perks and benefits like quarters facility, in lieu of HRA, for Officers; Conveyance; Medical Aid; LTC; etc., admissible as per rules of the Bank, in force from time to time is approximately R 1.48 lacs /- & R 1.78 lacs per month (as amended from time to time), respectively in Mumbai. Allowances may vary depending upon the place of posting.
b) For Contractual Positions Remuneration will be offered based on candidate’s qualifications, experience, overall suitability, last drawn salary of the candidate and market benchmarks for the respective posts, and shall not be a limiting factor for suitable candidates.
8. Probation Period: For Regular Positions The selected candidate will be on probation for a period of 12 months (-1- year) of active service from the date of his/ her joining the Bank. For Contractual Positions The selected candidate will be on probation for a period of 06 months of active service from the date of his/ her joining the Bank.
1. Name of the Post: Sr. Manager- Fraud Incidence and Root Cause Analysis (Risk Management Department)
2. Nature of Engagement: Regular MMG/S-III
3. Vacancies: 02
4. Education Qualification: Chartered Accountant (CA), or Company Secretary (CS) or ICWA
5. Work Experience: Minimum 5 years’ experience in BFSI Sector out of which 3 years’ experience is in the field of - Audit / Compliance / Risk & Governance/ Operational Risk/Fraud Risk
6. Likely Place of Posting: Mumbai
7. Emoluments:
a) For Regular Positions At present, monthly CTC at the initial level for MMG/S-II & MMG/S-III including DA, Special Allowance, HRA, CCA and all perks and benefits like quarters facility, in lieu of HRA, for Officers; Conveyance; Medical Aid; LTC; etc., admissible as per rules of the Bank, in force from time to time is approximately R 1.48 lacs /- & R 1.78 lacs per month (as amended from time to time), respectively in Mumbai. Allowances may vary depending upon the place of posting.
b) For Contractual Positions Remuneration will be offered based on candidate’s qualifications, experience, overall suitability, last drawn salary of the candidate and market benchmarks for the respective posts, and shall not be a limiting factor for suitable candidates.
8. Probation Period: For Regular Positions The selected candidate will be on probation for a period of 12 months (-1- year) of active service from the date of his/ her joining the Bank. For Contractual Positions The selected candidate will be on probation for a period of 06 months of active service from the date of his/ her joining the Bank.
1. Name of the Post: Sr. ManagerPortfolio Monitoring & Quality Control (Risk Management Department)
2. Nature of Engagement: Regular MMG/S-III
3. Vacancies: 02
4. Education Qualification: Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute, or Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA)
5. Work Experience: Minimum 5 years of overall experience in BFSI Sector with at least 3 years in Corporote Banking/Monitoring function
6. Likely Place of Posting: Mumbai
7. Emoluments:
a) For Regular Positions At present, monthly CTC at the initial level for MMG/S-II & MMG/S-III including DA, Special Allowance, HRA, CCA and all perks and benefits like quarters facility, in lieu of HRA, for Officers; Conveyance; Medical Aid; LTC; etc., admissible as per rules of the Bank, in force from time to time is approximately R 1.48 lacs /- & R 1.78 lacs per month (as amended from time to time), respectively in Mumbai. Allowances may vary depending upon the place of posting.
b) For Contractual Positions Remuneration will be offered based on candidate’s qualifications, experience, overall suitability, last drawn salary of the candidate and market benchmarks for the respective posts, and shall not be a limiting factor for suitable candidates.
8. Probation Period: For Regular Positions The selected candidate will be on probation for a period of 12 months (-1- year) of active service from the date of his/ her joining the Bank. For Contractual Positions The selected candidate will be on probation for a period of 06 months of active service from the date of his/ her joining the Bank.
1. Name of the Post: Sr. Manager- Model Development and Analytics (Risk Management Department)
2. Nature of Engagement: Regular MMG/S-III
3. Vacancies: 04
4. Education Qualification: Full time Masters in Computer Science, Data Science, Mathematics, Statistics and Finance or related quantitative field from recognized and reputed Institute. Preferred: CFA/FRM/PRM
5. Work Experience: Minimum 5 years in Model Risk Management in modeling and validation in the financial services industry including both analytic/modeling/quantitative experience and governance or other credit/financial discipline.
6. Likely Place of Posting: Mumbai
7. Emoluments:
a) For Regular Positions At present, monthly CTC at the initial level for MMG/S-II & MMG/S-III including DA, Special Allowance, HRA, CCA and all perks and benefits like quarters facility, in lieu of HRA, for Officers; Conveyance; Medical Aid; LTC; etc., admissible as per rules of the Bank, in force from time to time is approximately R 1.48 lacs /- & R 1.78 lacs per month (as amended from time to time), respectively in Mumbai. Allowances may vary depending upon the place of posting.
b) For Contractual Positions Remuneration will be offered based on candidate’s qualifications, experience, overall suitability, last drawn salary of the candidate and market benchmarks for the respective posts, and shall not be a limiting factor for suitable candidates.
8. Probation Period: For Regular Positions The selected candidate will be on probation for a period of 12 months (-1- year) of active service from the date of his/ her joining the Bank. For Contractual Positions The selected candidate will be on probation for a period of 06 months of active service from the date of his/ her joining the Bank.
1. Name of the Post: Sr. Manager- Large Corporate Credit Risk Management (Risk Management Department)
2. Nature of Engagement: Regular MMG/S-III
3. Vacancies: 03
4. Education Qualification: Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA) ESG (CFA institute-USA) SCR(GARP)
5. Work Experience: Minimum 5 years of overall experience in BFSI Sector with at least 3 years in Corporate Banking/ Risk Management Department dealing with Credit Risk. Needs to demonstrate credit assessment and underwriting skills of Large Corporates in the country
6. Likely Place of Posting: Mumbai
7. Emoluments:
a) For Regular Positions At present, monthly CTC at the initial level for MMG/S-II & MMG/S-III including DA, Special Allowance, HRA, CCA and all perks and benefits like quarters facility, in lieu of HRA, for Officers; Conveyance; Medical Aid; LTC; etc., admissible as per rules of the Bank, in force from time to time is approximately R 1.48 lacs /- & R 1.78 lacs per month (as amended from time to time), respectively in Mumbai. Allowances may vary depending upon the place of posting.
b) For Contractual Positions Remuneration will be offered based on candidate’s qualifications, experience, overall suitability, last drawn salary of the candidate and market benchmarks for the respective posts, and shall not be a limiting factor for suitable candidates.
8. Probation Period: For Regular Positions The selected candidate will be on probation for a period of 12 months (-1- year) of active service from the date of his/ her joining the Bank. For Contractual Positions The selected candidate will be on probation for a period of 06 months of active service from the date of his/ her joining the Bank.
1. Name of the Post: Head/ Dy. Head - Model Development and Analytics (Risk Management Department)
2. Nature of Engagement: Contractual
3. Vacancies: 01
4. Education Qualification: Full time Masters in Computer Science, Data Science, Mathematics, Statistics and Finance or related quantitative field from recognized and reputed Institute. Preferred: CFA/FRM/PRM
5. Work Experience: Minimum 10 years in Model Risk Management in modeling and validation in the financial services industry including both analytic/modeling/quantitative experience and governance or other credit/financial discipline.
6. Likely Place of Posting: Mumbai
7. Emoluments:
a) For Regular Positions At present, monthly CTC at the initial level for MMG/S-II & MMG/S-III including DA, Special Allowance, HRA, CCA and all perks and benefits like quarters facility, in lieu of HRA, for Officers; Conveyance; Medical Aid; LTC; etc., admissible as per rules of the Bank, in force from time to time is approximately R 1.48 lacs /- & R 1.78 lacs per month (as amended from time to time), respectively in Mumbai. Allowances may vary depending upon the place of posting.
b) For Contractual Positions Remuneration will be offered based on candidate’s qualifications, experience, overall suitability, last drawn salary of the candidate and market benchmarks for the respective posts, and shall not be a limiting factor for suitable candidates.
8. Probation Period: For Regular Positions The selected candidate will be on probation for a period of 12 months (-1- year) of active service from the date of his/ her joining the Bank. For Contractual Positions The selected candidate will be on probation for a period of 06 months of active service from the date of his/ her joining the Bank.
1. Name of the Post: Head/ Dy. Head - Rural & Agriculture Loans Credit Risk Management (Risk Management Department)
2. Nature of Engagement: Contractual
3. Vacancies: 01
4. Education Qualification: Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute, Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA) ESG (CFA institute-USA) SCR(GARP)
5. Work Experience: Minimum of 10 years’ experience in BFSI Sector with 8 years’ experience in Agriculture Loans. The candidate should also possess 2 Years of experience at Senior / Head level position in Rural & Agriculture Loans
6. Likely Place of Posting: Mumbai
7. Emoluments:
a) For Regular Positions At present, monthly CTC at the initial level for MMG/S-II & MMG/S-III including DA, Special Allowance, HRA, CCA and all perks and benefits like quarters facility, in lieu of HRA, for Officers; Conveyance; Medical Aid; LTC; etc., admissible as per rules of the Bank, in force from time to time is approximately R 1.48 lacs /- & R 1.78 lacs per month (as amended from time to time), respectively in Mumbai. Allowances may vary depending upon the place of posting.
b) For Contractual Positions Remuneration will be offered based on candidate’s qualifications, experience, overall suitability, last drawn salary of the candidate and market benchmarks for the respective posts, and shall not be a limiting factor for suitable candidates.
8. Probation Period: For Regular Positions The selected candidate will be on probation for a period of 12 months (-1- year) of active service from the date of his/ her joining the Bank. For Contractual Positions The selected candidate will be on probation for a period of 06 months of active service from the date of his/ her joining the Bank.
1. Name of the Post: Head/ Dy. Head - Portfolio Monitoring & Quality Control (Risk Management Department)
2. Nature of Engagement: Contractual
3. Vacancies: 01
4. Education Qualification: Chartered Accountant (CA), or Full time MBA/PGDM or its equivalent as full-time course from recognized institute, Preferred: CFA (CFA institute-USA) FRM (GARP) PRM (PRMIA)
5. Work Experience: Minimum 10 years of overall experience in BFSI Sector with at least 8 years in Corporate Banking/Monitoring functions. The candidate should also possess 2 Years of experience at Senior / Head level position in corporate credit vertical/monitoring vertical.
6. Likely Place of Posting: Mumbai
7. Emoluments:
a) For Regular Positions At present, monthly CTC at the initial level for MMG/S-II & MMG/S-III including DA, Special Allowance, HRA, CCA and all perks and benefits like quarters facility, in lieu of HRA, for Officers; Conveyance; Medical Aid; LTC; etc., admissible as per rules of the Bank, in force from time to time is approximately R 1.48 lacs /- & R 1.78 lacs per month (as amended from time to time), respectively in Mumbai. Allowances may vary depending upon the place of posting.
b) For Contractual Positions Remuneration will be offered based on candidate’s qualifications, experience, overall suitability, last drawn salary of the candidate and market benchmarks for the respective posts, and shall not be a limiting factor for suitable candidates.
8. Probation Period: For Regular Positions The selected candidate will be on probation for a period of 12 months (-1- year) of active service from the date of his/ her joining the Bank. For Contractual Positions The selected candidate will be on probation for a period of 06 months of active service from the date of his/ her joining the Bank.
1. Name of the Post: Head/ Dy. Head - Fraud Incidence and Root Cause Analysis (Risk Management Department)
2. Nature of Engagement: Contractual
3. Vacancies: 01
4. Education Qualification: Chartered Accountant (CA), or Company Secretary (CS) or ICWA
5. Work Experience: Minimum 10 years’ experience in BFSI Sector out of which 5 years’ experience is in the field of - -Audit / Compliance / Risk & Governance/ Operational Risk/Fraud Risk.
6. Likely Place of Posting: Mumbai
7. Emoluments:
a) For Regular Positions At present, monthly CTC at the initial level for MMG/S-II & MMG/S-III including DA, Special Allowance, HRA, CCA and all perks and benefits like quarters facility, in lieu of HRA, for Officers; Conveyance; Medical Aid; LTC; etc., admissible as per rules of the Bank, in force from time to time is approximately R 1.48 lacs /- & R 1.78 lacs per month (as amended from time to time), respectively in Mumbai. Allowances may vary depending upon the place of posting.
b) For Contractual Positions Remuneration will be offered based on candidate’s qualifications, experience, overall suitability, last drawn salary of the candidate and market benchmarks for the respective posts, and shall not be a limiting factor for suitable candidates.
8. Probation Period: For Regular Positions The selected candidate will be on probation for a period of 12 months (-1- year) of active service from the date of his/ her joining the Bank. For Contractual Positions The selected candidate will be on probation for a period of 06 months of active service from the date of his/ her joining the Bank.
For More Information Kindly Refer Official Notification.
Age Limit
24 – 55 years
Application Fees
Rs.600/- + Applicable Taxes + Payment Gateway Charges for General, EWS & OBC candidates Rs.100/- + Applicable Taxes + Payment Gateway Charges for SC, ST, PWD & Women
Note:
1. Candidates are advised to check Bank’s website www.bankofbaroda.in/career.htm (Current Opportunities) regularly for details and updates. Call letters/advices, wherever required will be sent by e-mail only. All revisions/corrigendum (if any) will be hosted on the Bank’s website only
2. All correspondence will be made only on the email ID mentioned by the candidate in their online application form and the same has to be kept active for receiving communication viz., call letters/Interview Dates/advices etc.
3. The process of Registration of application is complete only when fee is deposited with the Bank through On-line mode on or before the last date for fee payment. Candidates are requested to note down the acknowledgement number for their reference.
4. Before applying, candidates should ensure that they fulfill the eligibility criteria for the post as on the date of eligibility. Short-listing and interview / selection method will be purely provisional without verification of documents. Candidature will be subject to verification of details/documents as and when called by the Bank.
5. Post qualification experience below 6 months in any organization would not be considered
6. Only Candidates willing to serve anywhere in India, should apply.
General Information:
i) The selected candidate will be required to sign an employment contract.
ii) Candidates should satisfy themselves about their eligibility for the post applied for as on the cut-off date (01.02.2022) and also ensure that the particulars furnished by him/her are correct in all respects.
iii) In case of multiple applications, only the last valid (complete) application will be retained. Multiple appearance by a candidate for a single post in interview will be summarily rejected/candidature cancelled.
iv) Candidates serving in Govt./Quasi Govt. offices, Public Sector undertakings including Nationalised Banks and Financial Institutions are advised to submit ‘No Objection Certificate’ from their employer at the time of interview, failing which their candidature may not be considered. In case of selection, candidates will be required to produce relieving letter from the employer at the time of taking up the engagement and clearance from the respective authorities, wherever applicable.
v) In case it is detected at any stage of recruitment that a candidate does not fulfil the eligibility norms and / or that he / she has furnished any incorrect / false information or has suppressed any material fact(s), his / her candidature will stand cancelled. If any of these shortcomings is / are detected even after appointment, his /her services are liable to be terminated without notice.
vi) The tentative place of posting is Mumbai. However, the posting may be subject to change/modification depending on Bank’s requirement from time to time and the selected candidate is liable for transfer/posting anywhere in India.
vii) Decisions of bank in all matters regarding eligibility, conduct of interviews, other tests and selection would be final and binding on all candidates. No representation or correspondence will be entertained by the bank in this regard.
viii) Intimations, wherever required will be sent by email and/ sms only to the email ID and mobile number registered in the online application form. Bank shall not be responsible if the information/ intimations do not reach candidates in case of change in the mobile number, email address, technical fault or otherwise, beyond the control of Bank. Candidates are advised to keep a close watch on the authorized Bank’s website www.bankofbaroda.in for latest updates.
ix) Any legal proceedings in respect of any matter of claim or dispute arising out of this advertisement and/or an application in response thereto can be instituted only in Mumbai and courts/tribunals/forums at Mumbai only shall have sole and exclusive jurisdiction to try any cause/dispute.
Selection Procedure
Selection will be based on short listing and subsequent round of Personal Interview and/or any other selection method.
1. Bank reserves the right to change (cancel/ modify/ add) any of the criteria, method of selection and provisional allotment etc.
2. The Bank reserves its right to call candidates in a particular ratio, at its sole discretion, as per the Banks requirement.
3. 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 (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.
4. The qualifying marks in Interview/selection procedure will be decided by the Bank.
5. A candidate should qualify in all the processes of selection i.e. 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.
6. 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
Candidates are required to have a valid personal email ID and Contact Number. It should be kept active till completion of this recruitment project. Bank may send call letters for Personal 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.
1. Online Registration of Application starts from :23.03.2022
2. Last date for Submission of Application & Payment of fees: 15.03.2022
A) Guidelines For Filling Online Application:
i. Candidates should visit Bank’s website www.bankofbaroda.in/Career.htm and register themselves online in the appropriate Online Application Format, available through the link being enabled on the Careers- Current Opportunities on the Bank’s website & pay the application fee using Debit Card / Credit Card / Internet Banking etc.
ii. Candidates need to upload their Bio-data while filling online application. Candidates are also required to upload their scanned photograph, signature and other documents related to their eligibility. Please refer to 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. 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 Date of Birth Proof, Graduation Certificate, Other Certifications, Experience Letter, Document showing Break up of CTC, Latest Salary Slip (e.g. Nov/Dec-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.