Bob Bank Of Baroda Recruitment For The Post Of Vice President In Mumbai
Bank of Baroda, One of India’s Largest Banks is lookingfor qualified and experienced Product Manager-Cash Management(Government Business) on contractual basis for its Cash Management Department, BSTMumbai who would be responsible for the development and management of Cash Management products for the Government Business
PLEASE NOTE THAT
1The process of Registration of application is complete when fee is deposited with the Bank through On-line mode on or before the last date for feepayment
2Before applying, candidates should ensure that they fulfill the eligibility criteria for the post as on the date of eligibility Short-listing and interview will be purely provisional without verification of documents Candidature will be subject to verification of details/documents when the candidate reportsfor interview, if called
3.
Candidates are advised to check Bank’s website www.
bankofbarodacoin/careershtm regularly for details and updates Call letters/advices, where required will be sent by e-mail only
4.
Post qualification experience below 6 months in any organization would not be considered
5Only Candidates willing to serve anywhere in India, should apply
VACANCIES AND OTHER DETAILSWITH REGARD TO ELIGIBILITY CRITERIA
Sno Post Vacancy
Age Limit (as on 01102019)
Qualification (as on 0110.
2019)
Experience(as on 01102019)
1 Vice President-Product Manager-Cash Management(Government Business)
Min-30yrs Max-45yrs*BE/*B.
Tech/MCA/MBA/CA from Govt recognized University/ institutes accredited by AICTE/UGC*Preference will be given to the candidates who have specializationin Computer Science/IT in case of BE/BTech Minimum of 5 years of Cash Management Product Development experience (Preference will be given to the candidates having prior experience in the product development of one or more recent / new Government initiatives like treasury management, e-Marketplace, Public Expenditure Schemes etc)
2.
Assistant Vice President-Product Manager-Cash Management(Government Business)
1)PRODUCT DEVELOPMENT
(a)Develop Cash Management products for the Government business
(b)Develop UAT plans and test the system for the desired functionalities
(c) Conduct market and competitor analysis for achieving leadership in the target segments
( d)Develop product documentation for ongoing management and enhancements
2)PRODUCT DELIVERY
(a)Re-engineer operational workflow for the Cash Management products for the segment
(b )Design on-boarding and service delivery processes
(c )Drive centralization initiatives for enhancing controls
(A)SKILLS & COMPETENCIES REQUIRED
(a)Strong understanding of B2C & C2B payment products
(b) Experienced in working of PFMS & other State Government portals
(c) API and Webservice integrations
(d) Strong project management and execution skills
( e) Strong influencing and negotiation skills
3)COMMERCIALIZATION
(a) Develop & manage the product P&L
(b )Develop product training content for the customer and the branches
(c )Engage marketing and launch sector / product marketing campaigns
4)STAKEHOLDER MANAGEMENT
(a)Manage relationships with regulators like NPCI and SWIFT
(b)Manage and develop relationships with the IT Vendors, Service Providers etc
5RISK MANAGEMENT
(a) Identify and manage credit, regulatory & compliance risks for all existing and new products(b)Identify and manage operational risks for the Cash Management solutions
ADDITIONAL ROLE/RESPONSIBILITY
Any other key role/responsibility entrusted by the Bank from time to time
(B)KEY PERFORMANCE INDICATORS
Product development: Successful development and launch of Cash Management Solutions for the Government business
Profitability: Product Profitability and growth in transaction volumes
Market Management: Stakeholder, Vendor and regulator relationshipsRisk Management: No adverse audit comments
Application fees: Rs 600/-for Unreserved/EWS& OBC candidates Rs 100/-for SC, ST& PWD
A.
REMUNERATION: Remuneration offered will be as per market/industry trends and is based on candidate’s qualifications, experience and overall suitability for the respective post and shall not be a limiting factor for suitable candidates
BNATURE OF EMPLOYMENT Contractual Engagement for a period of 3 years, with yearly performance review The term of engagement may be extended at the option of the Bank
C.
LOCATION OF POSTING: Mumbai However, the candidate may be deputed to work with the team(s) within the organization/ parent organization/ any subsidiary of the parent organization or in any other part of the country if and as deemed necessary
DSELECTION PROCEDURE: Selection will be based on short listing and subsequent round of Personal Interview and/or Group Discussion
Bank reserves the right to change (cancel/ modify/ add) any of the criteria, method of selection and provisional allotment etc
The Bank reserves its right to call for test/ GD/ PI, candidates in a ratio, at its sole discretion.
Adequate candidates as decided by the Bank will be shortlisted based on their qualification, experience and overall suitabilityfor Interview
Most suitable candidates will be called for GD/PI and merely applying for the post does not entitle the candidate to be eligible for the selection process
The qualifying marks in test/Interview will be as decided by the Bank
A candidate should qualify in all the processes of selection, GD and/or PI (as the case may be) and sufficiently high in the merit to be shortlisted for subsequent process
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 No It should be kept active till completion of this recruitment project Bank may send call letters for GD, interview etc through 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 Online.
Under no circumstances, he/sheshould share email ID withany other person
Bob bank Of Baroda is looking for B.E. / B.Tech , MBA / PGDM / MBM , MCA , CA profile candidates.
Short Job Information
Based on 2019 data, it is ranked 1145 on Forbes Global 2000 list. BoB has total assets in excess of ₹ 3.58 trillion (making it Indias 2nd biggest bank by assets), a network of 9583 branches in India and abroad, and 10442 ATMs as of July, 2017. The government of India announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank on September 17, 2018, to create the countrys third largest lender. The amalgamation is the first-ever three-way consolidation of banks in the country, with a combined business of Rs 14.82 lakh crore, making it the third largest bank after State Bank of India (SBI) and ICICI Bank.