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Bank of Baroda (BoB) has started the online application link for 58 posts in the Wealth Management Services Department. The online application link is available on the official website – www.bankofbaroda.in under the Career section. Aspiring and qualified and experienced Wealth Management Professionals must read the eligibility criteria, vacancy, and other details.
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Bank of Baroda Specialist Officer Job Profile 2022
Bank of Baroda Recruitment 2022 for the post of Specialist Officers is unleashed recently. Bank of Baroda will conduct an online examination based on the exam pattern set by the authority (if appropriate). Curious candidates can apply for Bank of Baroda Specialist Officer recruitment 2022 by checking the eligibility criteria. One of the things that captivate the contenders is the salary of the post they are applying for when they get selected. To know the Bank of Baroda salary structure in detail and the Bank of Baroda job profile just only go through this article.
Bank of Baroda Specialist Officer Roles and Responsibilities
1: What does the acronym "ATM" stand for in banking?
The Bank of Baroda Specialist Officer job profile is distinct for each post. In the table mentioned below, we have listed the job profile of the Bank of Baroda post.
Posts | Job Profile | |
Data Engineer | Work in Bank’s Analytics Centre of Excellence as a data Scientist
Identify, analyze, and interpret trends or patterns in intricate data sets Use a hypothesis-driven problem-solving approach to design, construct, and rapidly test/iterate testing analytics that will reveal insight and opportunities for the business Develop efficient data marts, analyses, and reports on large data sets, building basic automation to facilitate manual interventions for repeated analysis and data updates Work with management to prioritize business and information necessities |
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Data Scientist | Data engineers are needed to work closely with Data Scientists and Analytics professionals, designers, project managers, QA engineers, operations engineers, third-party systems providers, and other stakeholders in the Data ecosystem of the organization. Needed to manage Cloudera Big Data Environment (CDH) Data engineers are also needed to decide what data man | |
Bank of Baroda Specialist Officer Salary
The Bank of Baroda has not stated the salary for the Specialist Officer post. The remuneration proposed to the selected contenders will be on CTC basis as per the market benchmarks and is also navigable based on the qualifications, experience, and overall suitability of the contenders. Moreover, the compensation will not be limited to the contender and it will be discussed based on different factors such as the qualifications, and experience of the successful contenders for the desired post.
Bank of Baroda Specialist Officer Salary Structure (As Per 7th Pay Commission)
The pay scale of any job is something that draws the workers or potential employees towards the job. If you’re somebody, desiring to make your career in the banking sector then the Bank of Baroda Specialist Officer 2022 notification is likely to be a pleasure for you. We at the ENTRI, value your passion and ambitions and that is why we have constructed this detailed salary structure for the position of Bank of Baroda Specialist Officer. This is the representative salary structure for Bank of Baroda Specialist Officer 2022:
Selected contenders will be presented with great benefits with the salary. In addition to Pay, they will also be suitable for HHF and other allowances as per rules in force from time to time.
Grade | Pay Scale |
Officer JMG Scale-I | Rs.14,500-600(7)-18,700-700(2)-20,100-800(7)–25,700 |
Officer MMG Scale-II | Rs.19,400-700(1)-20,100-800(10)–28,100 |
The posts according to the above-mentioned pay scale are:
Grade | Pay Scale |
Law Officer | Scale-I |
I.T. Officer | Scale-I |
Agricultural Field Officer | Scale-I |
Marketing Officer | Scale-I |
HR/Personnel Officer | Scale-I |
Rajbhasha Adhikari | Scale-I |
Law Officer | Scale-II |
Chartered Accountant | Scale-II |
I.T. Officer | Scale-II |
Bank of Baroda Specialist Officer Perks & Additional Benefits
Apart from the salary that the contenders will acquire, some other benefits will be delivered to the Bank of Baroda Specialist Officer. These benefits contain the following:
- Accommodation- the Specialist Officer is given accommodation/house rent allowance. This is enclosed in the SO’s salary as HRA.
- Dearness Allowance- this is the allowance delivered by the Bank of Baroda to the SO to manage the cost of living and mitigate inflation.
- Medical benefits- the SO is equipped with medical benefits wherein all their medical expenses are covered. The family members are also insured along with the employee.
- Travel Allowance- the SO is provided with this allowance to cover their traveling payments from home to office and vice versa. The SO is also qualified for this allowance when they are traveling for office work.
Other benefits
- Provident fund- the SO becomes qualified for obtaining the provident fund when they leave the organization or retire.
- Bonus- the SO is also qualified for obtaining bonuses based on their performance.
- House loan- the SO becomes qualified for a house loan at the lowest rate feasible.
- Low rate of interest- the SO is qualified to take loans at low rates of interest.
- Holiday homes- the SO also brings holiday home facilities wherever they plan to travel for a holiday. They can avail of these according to the availability of the home facility.
- Work- there is not much work pressure and stress on the SO. This enables them to achieve to the best of their ability and maintain a work-life balance at the same time.
Bank of Baroda Specialist Officer 2022 In Hand Salary
As noted earlier, the Bank of Baroda Specialist Officer obtains a basic salary of INR 42,990 per month. Regardless, many allowances are also provided for each month along with the basic salary. The completion of basic salary and allowance becomes the monthly in-hand salary for BOB SO employees. The Bank of Baroda Specialist Officer 2022 in-hand salary is approximately around INR 42, 990 per month.
Bank of Baroda Specialist Officer Salary-Slip 2022
After every payment cycle, the employees obtain the salary slip of their previous month’s salary. This salary slip document includes all the details of the previous month’s deductions and allowances for the Bank of Baroda Specialist Officer job employee. There are other applications for the Bank of Baroda Specialist Officer salary slip such as utilizing it to avail loans and while filling the annual Income Tax form.
Bank of Baroda Specialist Officer Probation Period
The contenders who get designated as a Clerk in Bank of Baroda will be on a probation period before joining their job. During this period the performance of the contenders will be governed and therefore, they get permanent for the Specialist Officer post.
Bank of Baroda SO- Career growth
Bank of Baroda proposes a good-paced career growth by permitting the employee to serve various types of customers, work as full-time training faculty, equal chance for employees to grow, etc. The bank also supplies employees with promotions to develop within the public sector enterprise and contribute to their work through their experience. Although the bank offers promotions, there is a minimum period to be performed by the SO at scale-I to reach the highest post. This is as follows:
Scale | The minimum time period required for promotion |
Middle Management- Scale-II | 3 years |
Middle Management- Scale-III | 6 years |
Senior Management- Scale-IV | 9 years |
Senior Management- Scale-V | 12 years |
Top Management- Scale-VI | 15 years |
Top Management- Scale-VII | 18 year |
We hope contenders got to know about the Bank of Baroda Specialist Officer job profile and Salary detailed information about different posts. Download our ENTRI Learning App from the Google Play Store to get more detailed information about the upcoming government and competitive exams on our learning platform.
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