Bank of Baroda, one of India’s most prominent public sector banks, has initiated its recruitment drive for 2024, offering numerous opportunities for aspiring candidates. With a total of 627 vacancies across various positions, the bank seeks to attract talented individuals to join its esteemed workforce. This recruitment drive is open to candidates with diverse educational backgrounds and professional experiences. In this article, we will provide detailed information about the vacancies, qualifications, age criteria, selection process, and the application procedure. A career with Bank of Baroda promises growth, stability, and a chance to contribute to one of India’s leading financial institutions. Let’s delve into the specifics of this exciting recruitment opportunity.

Source: Logos-World

Bank of Baroda Recruitment 2024 Summary

Bank of Baroda (BOB) has announced its 2024 recruitment drive, offering 627 vacancies across various positions under advertisement number 2024. The application process is online, running from 12 June 2024 to 02 July 2024. The job locations are across India, and the salary is determined post-wise.

Vacancies

Bank of Baroda has opened multiple positions in its Corporate & Institutional Credit and Finance Department. The bank is seeking professionals for roles such as Forex Acquisition & Relationship Manager, and Credit Analyst in various grades. The specific number of vacancies for each position is detailed in the official advertisement.

• Regular Vacancy: 168 posts, requiring qualifications ranging from 10th/12th/Diploma/Bachelor Degree/Master Degree.
• Contract Vacancy: 459 posts, requiring qualifications ranging from 10th/12th/Diploma/Bachelor Degree/Master Degree​.

Important Dates

• Notification Release Date: 12 June 2024
• Registration Start Date: 12 June 2024
• Registration Last Date: 02 July 2024
• Exam Fee Last Date: 02 July 2024
• Correction Last Date: 02 July 2024
• Exam Date: To be notified

Application Form Fee 2024

• General: ₹600/-
• OBC/EWS: ₹600/-
• SC/ST: ₹100/-

Payment can be made online using Net Banking, Debit Card, Credit Card, and other electronic payment methods.

Qualification

Educational Qualifications

For most positions, candidates are required to have a graduate degree from a recognized university. Specific roles may require specialized qualifications:

• Forex Acquisition & Relationship Manager: Candidates should have a graduate degree with specialization in Finance or related fields. Professional qualifications like CA, MBA (Finance), or CFA are preferred.
• Credit Analyst: A graduate degree in Finance, Accountancy, or Economics is required. Additional professional qualifications such as CA, CFA, or MBA (Finance) are advantageous​​.

Experience

For the position of Forex Acquisition & Relationship Manager, candidates are required to have between 3 to 5 years of professional experience in Forex or closely related fields, demonstrating a strong understanding of foreign exchange markets, client acquisition, and relationship management. Similarly, for the role of Credit Analyst, applicants must have a solid 3 to 5 years of experience in credit appraisal, financial analysis, and corporate finance, ensuring they possess the skills necessary to assess creditworthiness, analyze financial statements, and make informed lending decisions. This experience is crucial for both roles, as it ensures that candidates have the practical knowledge and expertise needed to excel in these demanding positions.

Age Criteria

• Minimum Age: 25 years
• Maximum Age: 35 years

Age relaxation is provided as per government norms for SC, ST, OBC, EWS, and PWD candidates.

Selection Process

The selection process commences with a written examination in Phase 1, assessing candidates on quantitative aptitude, reasoning, and professional knowledge. Successful candidates must achieve minimum qualifying scores in each section to advance to the next stage. Phase 2 involves a skill test tailored to the job profile, which candidates who pass the written exam will undertake. In Phase 3, shortlisted candidates undergo document verification, where original documents are scrutinized for authenticity. Finally, Phase 4 necessitates a medical examination to determine candidates’ fitness for the job role.

How to Apply

Online Application

Candidates must apply online through the Bank of Baroda’s official website. Here are the steps to apply:

1. Registration: Visit Bank of Baroda Careers and register by providing basic details such as name, email ID, and contact number.
2. Filling the Application Form: Log in with the registered credentials and fill in the detailed application form.
3. Uploading Documents: Upload scanned copies of required documents such as educational certificates, experience letters, photograph, and signature as per the guidelines provided in the advertisement.
4. Payment of Application Fee: Pay the application fee through online modes such as debit card, credit card, or internet banking. The fee amount is specified in the official advertisement.
5. Submission: Review the application form carefully before submission; once submitted, no changes can be made. Visually impaired candidates are advised to seek assistance in filling out the form to ensure accuracy and should also print a copy for future reference.

General Instructions

• Candidates must have a valid email ID and contact number, which should be active until the completion of the recruitment process. The bank will communicate important updates through these contact details.
• It is advisable to apply well before the last date to avoid any technical issues or website congestion.
• Candidates are required to produce original documents during the interview for verification purposes.
• Any discrepancies or false information in the application can lead to disqualification at any stage of the recruitment process​​.

Bank of Baroda’s recruitment drive for 2024 offers an excellent opportunity for professionals seeking a challenging and rewarding career in the banking sector. Interested candidates should carefully read the official advertisement, ensure they meet the eligibility criteria, and apply within the stipulated time frame. With thorough preparation and a clear understanding of the selection process, aspirants can enhance their chances of securing a position in one of India’s leading banks.