BOB Acquisition Officer

BOB Acquisition Officer

Bank of Baroda Acquisition Officer: Drive Business Growth

The Acquisition Officer role at Bank of Baroda is a dynamic, sales-focused position within the bank's Wealth Management Services department. [7] This contractual role is centered on acquiring new customers and driving business growth by promoting a wide range of banking products. It is an excellent opportunity for graduates with a flair for sales and relationship management to associate with one of India's leading public sector banks. The position offers a competitive salary and the chance to build a strong foundation in the financial services industry.

Job Profile and Career Prospects

The Acquisition Officer role is a challenging yet rewarding position with a clear focus on business development.

Core Responsibilities: The primary responsibility is to acquire new customers for the bank. This involves lead generation, field visits, and cross-selling various products, including CASA (Current Account Savings Account), loans, and wealth management services. The role is target-driven and requires a proactive approach to sales and customer relationship management.

Contractual Engagement: It is important to note that this is a contractual position, typically for a fixed term. While it does not offer the same permanency as a regular scale officer, it provides invaluable experience in the banking sector. The contract may be renewable based on performance and the bank's requirements.

Career Benefits: The experience gained as an Acquisition Officer is highly valuable. It equips individuals with strong sales, negotiation, and relationship management skills. This experience can be a launchpad for a permanent career in banking, either within Bank of Baroda through future recruitment processes or in other financial institutions. Successful officers build a strong professional network and a deep understanding of the financial products market.

Bank of Baroda Acquisition Officer Selection Process

The selection process for the Acquisition Officer is designed to identify candidates with the right skills and aptitude for a sales-driven role.

  • Online Test: This is a computer-based test that evaluates candidates on four key areas: Reasoning, English Language, Quantitative Aptitude, and General Knowledge. The test consists of 100 questions. There is a negative marking of 0.25 for each wrong answer. [7, 10]
  • Group Discussion (GD) and/or Personal Interview (PI): Candidates who qualify the online test are shortlisted for a Group Discussion and/or a Personal Interview. This stage assesses communication skills, problem-solving ability, and overall suitability for the position. The minimum qualifying marks in this stage are 60% for the General category and 55% for the Reserved category. [7]

Key Eligibility Criteria

  • Education: A Bachelor's degree in any discipline from a recognized university is mandatory. [31]
  • Age Limit: The age of candidates should typically be between 21 and 28 years. [31]

How to Apply for Bank of Baroda Acquisition Officer

The application process for the Bank of Baroda Acquisition Officer recruitment is conducted online through the bank's official website.

  1. Visit the Official Website: Go to the Bank of Baroda careers page at www.bankofbaroda.in/careers.
  2. Find the Recruitment Notification: Look for the notification related to the "Recruitment of Acquisition Officers in Wealth Management Services".
  3. Register Online: Click on the 'Apply Online' link and complete the registration process by providing your basic details to generate a registration ID and password.
  4. Fill the Application Form: Log in and fill out the detailed application form with your personal, educational, and experience details.
  5. Upload Documents: Upload scanned copies of your photograph, signature, and other required documents as per the specified guidelines.
  6. Pay Application Fee: Pay the application fee online. The fee is typically β‚Ή600 for General/OBC candidates and β‚Ή100 for SC/ST/PWD/Women candidates.
  7. Final Submission: Review the application form carefully before final submission. It is advisable to print a copy of the application and the fee receipt for your records.