Bank of Baroda invites application for the position Business Correspondent Supervisor
No. of Post: 02
Eligibility Criteria: For Retired Bank Employees Retired officers (including voluntarily retired) of any PSU bank up to the rank of Chief Manager. Retired clerks and equivalent of Bank of Baroda having passed JAIIB with good track record. All retired bank employees applicants should have rural banking experience at least 3 years.
For Young Candidates: Minimum qualification should be graduate with Computer knowledge (MS Office, email, Internet etc.),however qualification like M.Sc. (IT)/ BE (IT)/ MCNMBA will be given preference. Should be in the age group of 21-45 years at the time of appointment.
Geographical Location Of The Candidates: The candidates should be selected from the same District where they will be assigned to function and if suitable candidates are not available in the same district, the candidates may be selected from the adjoining districts. Candidate should be proficient in local language & dialect both reading and writing.
Other Criteria: Due diligence should be followed at the time of appointment (In case of retired bank employees, those who are having adverse record, or terminated/ dismissed from past service etc. should not be considered). Regional Office should ensure proper verification of KYC, CIBIL Score, other enquiries etc. Applicants should be willing and in a position to visit villages in the district for supervision and other activities as and when assigned on periodic intervals. Should have accommodation near the Regional office/Nodal branch and not in any case outside the district for which selection is to be made. While assigning BC agents to a supervisor, it should be ensured that No BC agent is related to the supervisor as a family member, blood relation, close relative or having any business relations.
Assigning Bcs To Supervisor: BC Supervisors will be allotted 50-60 BC Agents. The number of BCs to be monitored by BC supervisors may be escalated on higher side but not more than 15-20 % of allotted numbers of BCs.
Period Of Contract: The contract will be initially for a period of 12 months subject to review after every 6 months.
Assignment Of Job Role: The Supervisors will be provided space in the nearest Branch/ Regional Office for discharging their daily assigned activities. The Fl Coordinator/Branch has to maintain a separate register for marking the attendance of Supervisors. BC supervisor will be allotted 50-60 BC agents and the number of BCs to be monitored may be escalated on higher side but not more than 15-20 % of maximum numbers of BCs. While assigning BC agents to a supervisor, it should be ensured that No BC agent is related to the supervisor as a family member, blood relation, close relative or having any business relations. The BC supervisors should act as brand ambassadors of the Bank. They should be provided Badge/identity card and other bank stationeries and imparted training to develop sense of belongingness
Payment Of Monthly Remuneration: The BC Supervisors will have a mixed structure of monthly remuneration comprising of both fixed and variable components. Fixed Component Variable Component Rs. 15,000/- Rs. 10,000/-
Termination Of Services: Bank has the right to initiate termination of contract by giving 30 days' notice. However, in case of non-satisfactory conduct /misbehavior, bank reserves the right to terminate the contract instantly without any prior notice. The authority for deciding such cases will be Regional Head. Bank should blacklist the Supervisor who has been involved in fraud and a list should be circulated to Zones/Regions at regular intervals to avoid engagement in any other Zone/Regions. The BC Supervisor can also initiate for termination of contract by giving 30 days' notice.
Renewal Of Contract: Deputy Regional Heads, looking after Financial Inclusion activities, will review the performance of the BC supervisors on half-yearlybasis. Based on the recommendation of the Dy. Regional Manager and after assessing performance of the BC Supervisors, the based on the recommendation of the Dy. Regional Manager will recommend to Zonal Heads for further continuation/ termination of the BC Supervisor. In case of non-achievement of target in respect of above mentioned parameters continuously for 2 months by more than 50% of BC Agents allotted, the service contract with the BC Supervisor may be discontinued by the Region after obtaining approval from Zonal Head. The migration of the existing BC Supervisors to new modified policy will be done at the time of their review
Age Limit: For Retired Bank Employees: The maximum age for continuation of BC supervisors will be 65 years, For Young Candidates: The maximum age for continuation of BC supervisors will be 65 years.