Bank of Baroda Manager Exam Salary, Recruitment and Training

The official notification was issued by Bank of Baroda on 25th March 2022 on its official website regarding the recruitment of a Branch Receivable Manager in the receivables management vertical. The online application process began on 25th March itself and shall continue till 14th April 2022. There are 159 vacancies to be filled in different States. As mentioned in the official notification Bank of Baroda Manager Exam Salary will be determined according to the candidate’s qualifications, experience, and overall suitability for the post. The last drawn salary of the candidate, and market benchmark, will not be a limiting factor for the eligible candidates.

This article will provide details about the Bank of Baroda Manager Exam Salary, the responsibilities and duties, state-wise vacancies available, the selection process, and other recruitment details.    

Bank of Baroda Manager Exam Salary

As per the official notification, the Bank of Baroda Manager Exam Salary will be determined according to the candidate’s qualifications, experience, and overall suitability for the post. The candidate’s last drawn salary, and the market benchmark, will not be a limiting factor. 

Bank Of Baroda Branch Receivable Manager’s salary in India ranges between Rs.2,70,000/- to Rs.6,90,000/- with an average annual salary of Rs.4,50,000/-.

Roles & Responsibilities 

Risk and Portfolio Management:  

• Monitor and manage risk target and benchmark
• Ensure rollback of all the cases in delinquencies of products being managed.

People Management

• Develop good leadership skills and propel the collection team 
• Train and impart functional training skill 
• Focus on performance deliverables and give periodic performance feedback
• Handling a Team of Field Executives and Telesales.

Process Management, RIC, and Audit

• Agency/client visits to be done as required and whenever necessary and documented. 
• Ensure strict implementation of laid down assigned processes 
• To ensure 100 per cent compliance on all processes 
• Maintain MIS reports. 
• Ensuring payments deposition on a timely basis for all customers. 
• To ensure proper verification on new vendor/ agency/ DRA onboarding as per the standard guidelines set by RBI/Bank to avoid any further Audit/Compliance issues. 
• To make sure all executives are DRA certified, if not, then need to check proper approval is in place for the same. 
• To check whether the issuance of ID cards to certified executives is in place or not. 
• To ensure clients” queries/expectations are met as per requirements. 
• To have review meetings with empanelled agencies/ vendors/DRA’s to achieve and deliver the expected target/numbers. 
• To make sure all banking existing software/applications used by staff members/clients are working fine and used by authorized person. 
• To coordinate with the central team for all pending activities, if any, or any other disconnect related to processes.

Recruitment, Training, and Development of the team (On rolls, off rolls, and outsourced)

• Ensure capacity plans, keeping the team motivated.

Cross-Functional Relationship

• Interact with branch staff on all aspects of the customer relationship, leverage on branch relationship during collections work.

Selection Procedure:

According to the notification: 

• The selection will be made by shortlisting, followed by a Personal Interview or any other method of selection. 
• Bank has the authority to change (cancel/ modify/ add) any of the criteria, method of selection, and provisional allotment.
• The Bank has the right to call the candidates for selection in a ratio according to its requirement. 
• Suitable candidates will be shortlisted based on their experience, qualification, and overall suitability for PI.
• Being eligible and applying for the recruitment does not make the candidate qualify for the selection process. 
• The qualifying marks in the selection process/ Interview will be decided by the Bank. 
• A candidate should clear all the stages of the selection process.
• In case there is a tie in the cut-off marks secured by candidates, they will be ranked according to their age in descending order.

Conclusion

We hope this article has been helpful in providing the information you needed. The details of the Bank of Baroda Manager Exam Salary and job responsibilities are mentioned here. The article gives you a lucid picture of the responsibilities attached to the post and also the returns. Since the 2022 recruitment exam date is yet to be announced, you have ample time to prepare for it. Prepare well and maintain a positive attitude. You will succeed.

FAQ’s

Category	No. of vacancies
Unreserved (UR)	68
Scheduled Castes (SC)	23
Scheduled Tribes (ST)	11
Other Backward Classes (OBC)	42
Economically Backward Classes (EWS)	15
Total	159

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