Recruitment of Wealth Management Professionals in Bank of Baroda

Job Title: Wealth Management Professionals

Company: Bank of Baroda

Job Type: Contract

Location: India

Bank of Baroda, one of India’s largest banks, is looking for qualified and experienced Wealth Management Professionals to join its Wealth Management Services. This is an exciting opportunity to work for India’s International Bank and build a challenging and progressive career.

Bank of Baroda is currently seeking 500 Acquisition Officers on a contract basis, with eligibility criteria as follows:

Age: Minimum 21 years and maximum 28 years.

Education: A degree (graduation) in any discipline from a University recognized by the Govt. of India/Govt. bodies/AICTE. Post-Qualification Experience: Preferably 1 year of experience with Public Banks/Private Banks/Foreign Banks/Broking Firms/Security Firms/Asset Management Companies. Proficiency/knowledge in local language/area/market/clients is desirable.

The selected candidates will receive a fixed CTC as per the following structure:

Acquisition Officers in Metro cities: Rs. 5 Lakhs p.a. Acquisition Officers in Non-Metro cities: Rs. 4 Lakhs p.a.

In addition to the fixed salary, selected candidates will also be eligible for Performance-Linked Variable Pay which will be over and above the Fixed Salary but linked to the achievement of specific targets.

The selection process may include an online test, psychometric test, or other suitable tests, followed by a group discussion and/or interview for those who qualify in the online test. The bank may also consider using different selection/shortlisting methodologies, such as Multiple Choice/Descriptive/Psychometric Tests, Group Discussions, or Interviews, at its discretion, for various positions/scales.

Section Name of Test No. of Questions Maximum Marks Duration Version
1 Reasoning 30 30 90 Minutes Bilingual
2 English Language 20 20 English
3 Quantitative Aptitude 30 30 Bilingual
4 General Knowledge 20 20 Bilingual
Total 100 100

All sections/tests, except the Test of English Language, will be available in both English and Hindi.

The minimum qualifying marks/percentage of marks in each section are 40% for General Category and 35% for Reserved Category. However, the bank reserves the right to change the minimum/waive off qualifying criteria at its discretion.

Penalties will apply for wrong answers in this section. For each incorrect answer given by the candidate, 0.25 of the marks assigned to that question will be deducted as a penalty. If a question is left unanswered, there will be no penalty.

Candidates are required to pay the non-refundable application fee/Intimation charges regardless of whether an online test is conducted or not, and even if the candidate is not shortlisted for the interview.


Amount of Fees/ Intimation Charges (Non-refundable) SC/ ST/ Persons with Disability (PWD)/Women Rs.100/- plus applicable taxes & payment gateway charges GEN/ OBC /EWS Rs.600/- plus applicable taxes & payment gateway charges

To apply for the position, candidates must register online and pay the application fee between 22.02.2023 and 14.03.2023. Candidates must also have a valid personal email ID and Contact No. that remains active until the completion of the recruitment project.

If you are an experienced Wealth Management Professional looking for a challenging and rewarding career, don’t miss this opportunity to join Bank of Baroda. Apply now and take the first step towards your dream career!



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