Bank of Baroda Invites Applications for 837 Wealth Management Roles

Bank of Baroda has released official recruitment advertisement BOB/HRM/REC/ADVT/2026/20, inviting online applications for 837 contractual positions within its Wealth Management Services (WMS) department across India. According to reports by The Times of India, the online registration and fee payment window opened on November 4, 2026, and will close on November 24, 2026.

The post-wise breakdown reported by The Times of India indicates that the majority of vacancies are targeted at middle-management relationship roles. The opening includes 791 posts for Senior Relationship Managers at the Deputy Manager grade, 35 posts for Territory Heads at the Assistant Vice President I grade, 8 posts for Group Heads at the Assistant Vice President II grade, 2 posts for Investment Product Managers at the Assistant Vice President I grade, and 1 post for Head Investment at the Assistant Vice President II grade.

According to official details from Bank of Baroda, the engagement for these roles will be on a fixed-term contractual basis. The initial duration of the contract is set for 5 years, which may be extended for up to another 5 years depending on individual performance and the operational requirements of the bank. Furthermore, My Sarkari Naukri notes that remuneration for these positions is not fixed to a standard public-sector pay scale. Instead, compensation is contractual and determined by candidate experience, qualifications, last-drawn salary, and prevailing market benchmarks.

As per eligibility details highlighted by BankersAdda, the cut-off date for determining age, academic qualifications, and relevant work experience is November 1, 2026. Testbook reports that the minimum educational qualification required across all posts is a graduation degree in any discipline from a recognized university. Full-time post-graduate degrees or diplomas in Management, MBAs specializing in Finance, Marketing, or Banking, as well as Certified Financial Planner (CFP) or Chartered Financial Analyst (CFA) designations are preferred for higher managerial roles.

According to GovtJobGuru, candidates holding specific regulatory certifications are preferred or mandated depending on the specific role. These certifications include NISM Series V-A for Mutual Funds, NISM Series V-D, NISM Series XIII, NISM Series XXI-A, and IRDA IC38 for insurance distribution. Amar Ujala notes that age criteria vary across the advertised positions: Senior Relationship Managers must be between 24 and 35 years old; Investment Product Managers must be between 26 and 45 years old; Territory Heads must be between 28 and 42 years old; while Group Heads and the Head Investment position require candidates to be between 35 and 50 years old.

According to Physics Wallah, the online application fee is set at ₹850 plus applicable taxes and gateway charges for General, OBC, and EWS candidates. The fee is ₹175 for SC, ST, PwBD, Ex-Servicemen, and all female candidates. Selection for these roles will involve initial application shortlisting, followed by a Personal Interview, a Psychometric Test, or an Online Test, as stated by BankersAdda.

What this means for BFSI jobs

According to GovtJobsAlert, this recruitment drive highlights strong demand for private wealth management, mutual fund, and cross-sell insurance professionals looking to transition into public-sector banking wealth platforms. The creation of 837 positions within Bank of Baroda's Wealth Management Services division provides a structured entry route for experienced relationship managers and investment specialists seeking exposure in major public-sector banking infrastructure.

The scale of this recruitment reflects broader hiring activity across the Indian banking, financial services, and insurance sector. According to Finploy job listings data as of 6 November 2026, there are currently 44,990 open BFSI jobs across India. Hiring demand remains heavily centered in major urban financial hubs. Finploy data indicates that Kolkata leads the country with 4,674 open BFSI listings, followed by Mumbai with 3,395 listings, New Delhi with 2,241 listings, Chennai with 1,362 listings, Bengaluru with 1,286 listings, Pune with 1,040 listings, Hyderabad with 922 listings, and Ahmedabad with 714 listings. For financial professionals across these key metropolitan centers, Bank of Baroda's contractual wealth management hiring offers market-linked compensation structures alongside the established reach of a major nationalized bank.