BOB Capital Markets Recruitment: AVP & Manager Jobs

Location: Mumbai

Job Summary

BOB Capital Markets Recruitment is now open, offering exciting career opportunities for financial professionals in Mumbai. As a wholly-owned subsidiary of the trusted Bank of Baroda, BOB Capital Markets Limited (BOBCAPS) has announced vacancies for two key roles: Assistant Vice President (AVP) – Institutional Equities Sales and Manager – Operations. This is a prime chance for driven individuals to join a leading player in India’s investment banking sector. The positions are based in Mumbai and require candidates with relevant qualifications like an MBA, CA, or a degree, coupled with specific industry experience. Successful applicants will contribute to critical functions, from driving revenue through client relationships to ensuring seamless back-office operations. If you are looking to advance your career in finance, this opportunity with a prestigious public sector undertaking (PSU) subsidiary is not to be missed.

Key Responsibilities

These roles have distinct and critical responsibilities tailored to their functions within the capital markets ecosystem.

For AVP – Institutional Equities Sales:

• Service and manage relationships with institutional clients, including Mutual Funds, Insurance Companies, and Foreign Institutional Investors (FIIs).
• Drive brokerage revenue by understanding client needs and offering suitable equity products.
• Actively engage in new client acquisition to expand the institutional client base.
• Organize and manage roadshows, corporate access events, and investor meetings.
• Collaborate with the research team to provide valuable market insights to clients.

For Manager – Operations:

• Oversee and manage trade processing and settlement activities (both Custodial & DVP).
• Act as the primary liaison with Depository Participants for all operational matters.
• Ensure accurate and timely regulatory reporting to Clearing Corporations and SEBI.
• Conduct regular reconciliation of trades, accounts, and holdings to maintain accuracy.
• Handle all aspects of back-office broking operations to ensure efficiency and compliance.

Required Qualifications

Candidates must meet the specific educational and experience criteria for the role they are applying for.

For AVP – Institutional Equities Sales:

• Education: Must hold an MBA (Finance), be a Chartered Accountant (CA), or possess an equivalent professional qualification.
• Experience: A minimum of 5 to 10 years of proven experience in institutional equity sales within the capital markets industry.
• Age Limit: Preferably up to 45 years.

For Manager – Operations:

• Education: A Graduate or Post-Graduate degree in any discipline. A mandatory NISM (National Institute of Securities Markets) certification is required.
• Experience: Between 3 to 7 years of hands-on experience in Capital Market Operations, specifically within a broking environment.
• Age Limit: Preferably up to 40 years.

Preferred Qualifications

• Strong existing network of relationships with institutional clients (for AVP role).
• In-depth knowledge of SEBI regulations and compliance standards.
• Excellent communication, negotiation, and presentation skills.
• Proficiency with capital market software and MS Office Suite.

Salary and Benefits

Remuneration for these positions is highly competitive and not a fixed amount. The final offer will be based on the candidate’s qualifications, relevant experience, interview performance, and overall suitability for the role. BOBCAPS provides a comprehensive benefits package in line with industry standards.

How to Apply

The application process is conducted offline via email. Follow these steps carefully:

1. Prepare your updated and detailed resume in a standard format (PDF or DOCX).
2. Draft an email with a clear and professional cover letter in the body.
3. Attach your resume to the email.
4. Use the following format for the email subject line: “Application for the Post of [Name of the Post]”. For example, “Application for the Post of Manager – Operations”.
5. Send the email to the official recruitment address: careers@bobcaps.in.

FAQs

Q1: What is the selection process for BOB Capital Markets?

A1: The selection process typically involves multiple stages. First, applications are shortlisted based on the eligibility criteria. Shortlisted candidates are then invited for one or more rounds of Personal Interviews and/or Group Discussions to assess their skills and suitability for the role.

Q2: Is a job at BOB Capital Markets considered a government job?

A2: BOB Capital Markets Limited is a wholly-owned subsidiary of Bank of Baroda, which is a Public Sector Undertaking (PSU). While it offers the stability and prestige associated with a government-backed entity, it operates as a corporate company in the competitive investment banking industry.

About BOB Capital Markets Limited

BOB Capital Markets Limited (BOBCAPS) is a key player in the Indian financial services sector, providing a wide range of services including investment banking, institutional equities, retail broking, and wealth management. As the investment banking arm of Bank of Baroda, India’s third-largest public sector bank, BOBCAPS combines deep industry expertise with a robust, trustworthy foundation. A career here means being part of a dynamic team at the forefront of India’s capital markets. Explore more about what a career in a PSU bank subsidiary can offer.

Last Updated: 2024-05-24