Bank of Baroda Wealth Management Contractual Recruitment 2026 – 104 Vacancies

Bank of Baroda has officially announced a contractual recruitment drive for its Wealth Management Services division, offering 104 positions across India. Unlike permanent posts, these are Contractual Officer on Contractual Basis (OCB) roles with an initial engagement of 5 years, renewable based on performance up to the age of 60 years. This recruitment is tailored for experienced professionals who have built their careers in banking, wealth management, broking, or asset management and are looking for a leadership or relationship-focused role in a premier public sector bank.

The BOB Wealth Management contractual recruitment 2026 invites applications for four distinct profiles: AVP II – Group Head, AVP II – Territory Head, Deputy Manager – Senior Relationship Manager, and Deputy Manager – Wealth Strategist (Investment & Insurance). Each role comes with specific responsibilities, target-driven incentives, and location preferences. If you are considering a transition into a performance-oriented banking role with structured career growth, this guide will help you evaluate which post matches your experience and career aspirations.

Which Wealth Management Role Fits You? Post-wise Analysis

Each position demands a different mix of leadership, sales, and advisory skills. Understanding the day-to-day responsibilities will help you self-assess before applying.

1. AVP II – Group Head (4 Vacancies)

This is the most senior role in this recruitment. A Group Head is responsible for defining the corporate strategy for affluent clients across a region. You will manage and mentor Territory Heads, drive business development, and ensure ethical sales practices. With a minimum requirement of 10 years of experience and at least 5 years managing a regional team, this role suits candidates who have already led large teams and are comfortable with high-level P&L ownership. Locations: Kolkata, Lucknow, Pune, Vadodara.

2. AVP II – Territory Head (17 Vacancies)

Territory Heads act as a bridge between Group Heads and Relationship Managers. You will design sales strategies, monitor RM performance, coach them, and also personally engage with key clients. If you have 6+ years in wealth management with at least 2 years as a Team Lead, this role is ideal. Locations are spread across Bengaluru, Mumbai, Pune, Kolkata, Lucknow, Nagpur, Varanasi, Hyderabad, Kanpur.

3. Deputy Manager – Senior Relationship Manager (70 Vacancies)

The bulk of vacancies are for SRMs. You will manage high-net-worth clients (Total Relationship Value above ₹30 lakh), drive revenue from liabilities and wealth products, and ensure superior service. If you have 3+ years as a Relationship Manager in wealth management at any bank or financial institution, this is your entry point. This role is available in 18+ cities, offering maximum flexibility.

4. Deputy Manager – Wealth Strategist (Investment & Insurance) (13 Vacancies)

Wealth Strategists are product specialists who support the sales team. You will research markets, optimize portfolios, and drive investment & insurance penetration. Regulatory certifications (NISM/IRDA) are mandatory. Candidates with 3+ years in investment counseling or as an RM with a strong product background should target this role. Locations include Delhi, Mumbai, Bengaluru, Chennai, Pune, Surat, etc.

Post-wise Vacancy & Location Highlights

Selected candidates may be transferred anywhere in India at the Bank’s discretion, so willingness to relocate is an important factor.

Eligibility Criteria: Education & Experience at a Glance

Age Limit & Relaxation (Cut-off: 01-03-2026)

Ex-servicemen and commissioned officers also get relaxation: 5 years for General/EWS, 8 years for OBC, and 10 years for SC/ST. Age is calculated as on 01-03-2026.

Salary Structure & Contract Benefits

Since these are contractual positions, the remuneration is market-linked and negotiable based on your current CTC, experience, and the role’s seniority. The Bank offers a fixed component plus performance-based incentives.

In-hand monthly salary varies after statutory deductions. The contract is for 5 years initially and can be renewed based on performance and bank’s discretion, but the maximum engagement is until 60 years of age.

Selection Process: What to Expect

The Bank of Baroda follows a multi-stage selection process to ensure only the most suitable candidates are hired. Here’s the likely flow:

• Application Scrutiny & Shortlisting: Based on eligibility and relevance of experience. Only a limited number of candidates will be called for further rounds.
• Online Test (if conducted): May include professional knowledge, reasoning, and behavioral assessment.
• Psychometric Assessment: To evaluate personality traits, communication, problem-solving, and willingness to work anywhere in India.
• Personal Interview (PI): The most critical stage. For Group Head/Territory Head, focus will be on leadership, sales strategy, and team management. For SRM/Wealth Strategist, questions will revolve around client handling, product knowledge, and regulatory awareness.

How to Apply for Bank of Baroda Wealth Management Contractual Jobs 2026

1. Visit the official career portal: www.bankofbaroda.bank.in → Careers → Current Opportunities.
2. Find the advertisement “Wealth Management Services – 104 Vacancies” and click “Apply Online”.
3. Complete registration with name, email, and mobile. Note the registration number.
4. Fill the detailed application form with education, experience, and post preference. Upload resume, photograph, signature, and all supporting documents (PDF, max 500kb each).
5. Pay the application fee (₹850 for UR/OBC/EWS; ₹175 for SC/ST/PwD/Women) via Debit/Credit Card, Net Banking, or UPI. Submit and save the final PDF.

Important Dates & Timeline

Candidates should check the official Bank of Baroda website at least twice a week for updates. No physical intimation will be sent.

Mandatory Documents for Application & Interview

• Scanned recent passport-size photograph (20-50 kb, JPEG)
• Scanned signature (10-20 kb, black ink on white paper)
• 10th/SSLC certificate (Date of Birth proof)
• All educational mark sheets & degree certificates (single PDF)
• Work experience certificates (appointment letters, relieving letters, salary slips)
• Caste/EWS/PwD certificates (if applicable) in prescribed GOI format
• NOC from current employer if working in Govt/PSU
• CIBIL score report (may be asked at joining stage)

Expert Tips: How to Stand Out in This Contractual Recruitment

1. Tailor Your Resume to Wealth Management KPIs

Highlight numbers: AUM growth, client retention rate, number of high-net-worth clients managed, revenue generated. Wealth management roles value measurable achievements.

2. Understand the Contractual Nature

Be prepared for a fixed-term engagement. During the interview, show enthusiasm for performance-driven roles and discuss how you plan to contribute from day one.

3. Certifications Add Weight

For Wealth Strategist, NISM/IRDA certifications are mandatory. For other roles, having additional certifications like CFP, CFA level, or AMFI can give you an edge.

4. Practice Mock Interviews with Domain Experts

Questions may cover: “How do you handle a client who wants to exit a loss-making investment?” or “What’s your approach to selling insurance to a conservative client?” Prepare structured answers.

Frequently Asked Questions – BOB Wealth Management Contractual Recruitment 2026

Q: Is this a permanent job or a contract?

A: It is a contractual engagement for an initial period of 5 years, renewable based on performance and bank’s discretion, with maximum tenure up to 60 years of age.

Q: Can I apply for more than one post?

A: You should apply for the post that best matches your eligibility. Multiple applications may lead to rejection; only the latest valid application will be retained.

Q: What is the cut-off date for eligibility?

A: All eligibility criteria (age, qualification, experience) are calculated as on 01-03-2026.

Q: Is there any bond or service agreement?

A: Selected candidates will be governed by the Bank’s service conditions, which may include service bond requirements as per extant policies. Details will be in the offer letter.

Q: What is the minimum CIBIL score required?

A: A minimum CIBIL score of 680 or above is required at the time of joining. Defaulters or candidates with adverse credit history will be disqualified.

Q: Are women candidates eligible for fee concession?

A: Yes, women candidates are required to pay only ₹175/- (Intimation charges) irrespective of category.

Q: Will the bank provide accommodation?

A: The notification does not specify accommodation. Typically, for contract roles, housing is not provided, but candidates may be eligible for other allowances as per policy.

Q: How will I receive the interview call letter?

A: Call letters will be sent to the registered email ID and also made available on the Bank’s website. No hard copies will be sent.

Q: What is the age relaxation for Persons with Disabilities?

A: PwD candidates get 10 years relaxation (General/EWS), 13 years (OBC), and 15 years (SC/ST).

Q: Where can I find the official notification PDF?

A: The official notification is available on Bank of Baroda’s official website under Careers → Current Opportunities.