Bank of Baroda Recruitment 2023: Notification for the post of AVP Manager

Bank of Baroda Recruitment 2023: Notification for the post of AVP Manager

Bank of Baroda Recruitment 2023: Notification for the post of AVP Manager

Good News for the applicants who are looking for Bank Jobs. BOB Financial Solutions Limited (BFSL, formerly known as BOBCARDS Ltd.) is a wholly owned company. A subsidiary of Bank of Baroda and a non-deposit taking Non-Banking Finance Company (NBFC). BFSL was established in the year 1994 to meet the need of the rapidly growing Credit Card Industry a focused way. BFSL is one of the pioneers in the Indian card market and was the first. Non-banking companies in India will issue credit cards. The company's core business is the issuance of credit cards and the granting of consumer loans. 

Bank of Baroda AVP/ Manager - Compliance Recruitment 2023 – Overview

Organization Name - Bank of Baroda

Post Name - AVP/ Manager – Compliance

Application Starting - Date Started

Application Closing Date - 27th May 2023

Role & Responsibilities

This role would include the following responsibilities but will not limited to

• Ensuring compliance with all Rules & Regulations and Filings applicable to the Company, relating to but not limited to Regulatory& Statutory bodies like RBI, C&AG, CVC, MCA, etc.

• Ensuring efficient implementation execution of the compliance program and regularly updating the compliance framework applicable to all business units.

• Ensuring compliance with Secretarial Standards and responsible for all Secretarial Services and related compliances and filings under Companies Act.

• Responsible for organizing, conducting and recording all statutory meetings required under the Companies Act, of shareholders and directors (including committee meetings), routine liaising with Board – this would include preparation of invitations, agenda and minutes of Board, and General Meetings with successful conduct with least complexities and closing on all action items arising out of Board and committee meetings and systematic reporting of the same.

• Drafting of annual reports comprising of Notice, Director’s report, corporate governance report, Management discussion analysis report, as required.

• Tracking & monitoring statutory deadlines of secretarial matters and no statutory due dates and preparing and filing necessary documents, returns & forms with ROC as required under Companies Act; statutory returns/records with Registrar of Companies, RBI etc.

• Maintaining and updating the Company’s statutory compliance records, registers and policy manuals.

• Regulatory management including timely follow up and reporting on compliance matters, attending to all Corporate Governance and disclosure requirements and handling audits under the Statutes applicable to the Company, relating to compliance and governance matters.

• Applying effective risk management techniques and provide proactive practical advice/ remedies to the Business Teams to mitigate compliance risks involved in the business transactions.

• Liaise with, and represent the Company before various forums, including regulators, public authority, parent bank, etc. and creating relations of trust.

Job specific skills

Applicants should possess the following attributes:

• Relevant experience in NBFC/Bank or other financial institutions.

• In-depth knowledge of the Companies Act, 2013 and all regulations applicable to BFSI Companies. • Should be able to understand the compliance ecosphere in the retail product business within BFSI. • Expertise in all Company secretarial activities, statutory & regulatory compliances, MCA 21 filings, XBRL Filings etc. under the Companies Act 2013, FEMA, RBI, etc.

• Ability to identify potential issues and proactively plan action to mitigate legal, business and financial risks.

• Ability to partner with Business Function (s) to address their needs and drive organization wide compliances across functions.

• Understanding the applicability and interpretation of corporate and banking laws, legislation, rules, circulars, directions and practices.

• Keep abreast of latest developments in judicial review and applicable law(s).

• Possess strong verbal and written communication, research, organizational and analytical skills.

• Be a self-starter and self-motivated individual and display high ownership and enthusiasm at work. • Detail-oriented and results-driven team player.

• Strong interpersonal skills in relationship building and for coordination with various locations/departments for collecting information and to enable smooth work, while maintaining confidentiality of information.

Educational Qualifications

Any Graduate / Post Graduation / Professional Qualification

Minimum Experience

At least 5 years of relevant work experience in secretarial and compliance function preferably from Banking and Financial Services sector companies of repute.

Location of posting

Mumbai. The candidate may be deputed to work with the team(s) within the organization / parent organization / any subsidiary of the parent organization if and as deemed necessary. Candidate is liable to be transferred to any other location in India.

Maximum Age on the last date of application

55 Years.

Other Terms

• It may please be noted that company is not bound to call all the applicants for interview. Only shortlisted candidates will be called for interview.

• In case of any modification in advertisement shall be updated only in Website.

• The above recruitment may be scrapped at any stage of recruitment process without assigning any reasons.

Bank of Baroda Recruitment 2023	Important Links
Email to be sent to	careers@bobfinancial.com with subject as “AVP/ Manager - Compliance”
Official Website	Click Here
Official Details	Click Here

Bank of Baroda AVP Manager

Bank of Baroda is a large Indian multinational public sector bank. AVP stands for Assistant Vice President, which is a senior management position within the organization. An AVP Manager in Bank of Baroda will be responsible for managing and overseeing various business operations and functions within the bank such as customer relations, risk management, compliance and financial performance. They will also be responsible for collaborating with leading teams and other senior executives to develop and implement strategies to drive growth and profitability for the Bank. The specific duties and responsibilities of an AVP Manager in Bank of Baroda will vary depending on the department and business area they are responsible for.