Bank Of Baroda

CONTRACTUAL ENGAGEMENT FOR THE POSITION OF BUSINESS DEVELOPMENT (TRADE PRODUCTS) ADVISOR

Role of Business Development (Trade Products) Advisor entails skill set towards expertise in depth understanding of Corporates, their business requirements, manage risk within the supply chain, Maintain and develop business relationships directly or indirectly for strategising service and business development on continuous basis.

 

In order to be the most preferred Bank and to achieve the various Business goals, the Bank has decided to engage the services of Expert as “Business Development (Trade Products) Advisor” on contract basis.

 

JOB PROFILE:- 

 

The Business Development (Trade Products) Advisor shall advise Top Management and the other senior executives of the Bank on various Business Development, Relationship Management, Planning, Risk & Compliance related issues. The responsibilities shall include the following:

 

v  To analyse Corporate Client portfolio of the Bank & gain in depth understanding of their business & operations and deepening relationship for enhancement of Balance Sheet & Profitability.

v  Understand Corporate Client Requirements in terms of products & services and create strategies for enhancing Corporate Business.

v  Develop business models in the area of Supply Chain/ Trade Finance/ Transaction Banking for Corporate Client segment and operationalise in the functional area.

v  Identify and manage Risk in the Business Models.

v  Develop Analytics, Systems and Data Management capabilities for the products, services & Business Models.

v  Develop & implement new systems and process for Supply Chain, Finance, Trade and cash Management.

v  Undertake regular Project/ Product/ Process reviews with all involved in these processes to ensure transfer of knowledge.

Business Development (Trade Products) Advisor shall report to the Head Corporate Credit of the Bank.

ELIGIBILITY CRITERIA (As on the last date of Application):- 

 

Educational/ Professional Qualification:

·         Masters Degree with specialization in Commerce, Economics, Finance from a recognised Indian/ Foreign University.

·         MBA (Finance)-Two years Full Time from a recognized University or Institute/ CA/CFA/ Relevant Prof. Certification would be additional qualification.

 

Work Experience: Should have at least -12- years of professional experience in the areas of Corporate Business Development, Corporate Relationship Management, Business & Balance Sheet, Planning, Risk, and Compliance in very large Banks in India / abroad.

 

v  Age Limit:                          Minimum 35 Years

Maximum 55 Years

TERMS OF ENGAGEMENT:- 

 

·         The incumbent will be initially appointed on contract basis for a period of 1 year effective from date of joining. The renewal of contract shall be on yearly basis. The Bank would consider extending the tenure of this engagement for a maximum period of -3- years as may be, mutually decided depending upon the satisfactory performance and Bank’s exigency related to the tasks/ work for which engaged.

·         The Bank or Candidate will be entitled to put an end to the contract at any time without assigning any reasons whatsoever, by giving -30- days notice or on payment of one months compensation i.e. Rs. 3.00 Lakhs, in lieu of such notice.

 

COMPENSATION:- 

 

An all inclusive annual compensation of Rs. 36.00 Lakhs subject to deduction of taxes as applicable and the same shall be paid on monthly basis equivalent to 1/12th of annual compensation subject to deduction of taxes as applicable.

(The compensation will not be a limiting factor for the right candidate).

Decision regarding Annual incremental variable compensation will be taken by the Bank based on the performance of the candidate.

LEAVE & WORKING HOURS:-

v  During contractual engagement, the candidate will be eligible to avail following leave in a calendar year:

a)     -12- days Casual Leave

b)    -12- days Privilege Leave

v  The appointed candidate shall report at the Bank at the commencement of normal working hours except on weekly offs and holidays.

 

TRAVEL EXPENSES:-

Travelling Expenses/ Halting Allowances and eligibility for stay in Hotel while on official duty/ outside Headquarters will be as per Bank’s rules.

 

SELECTION PROCESS:- 

 

The selection process shall involve short listing/ personal interview to assess knowledge and experience of the candidate in the areas of Business Development, Relationship Management, Planning, Risk, Compliance in Banking/ Financial Sectors, Analytical Ability and Communication skills.

 

APPLICATION PROCEDURE:- 

 

Eligible and willing candidates are required to submit the Application form in an online mode only. (Click here to fill in the Application form).

 

All willing candidates are also required to submit their updated CV/ Biodata at dgm.hrm.bcc@bankofbaroda.com without fail.

 

The last date for submitting online Application form is 12.01.2016 (inclusive) and thereafter the link for submitting the On-line application shall be removed from Bank’s website.

 

Based on the eligibility criteria as prescribed above, the candidates shall be short-listed for participation in the selection process. The Bank has the right to reject any application/ candidature at any stage without assigning any reasons thereof and the decision of the Bank shall be final.

 

Sd/-

General Manager (HRM)

18.12. 2015.