Are you a commerce or finance student looking to kickstart your career with a reputed bank? Here’s your opportunity! Bank of Baroda is hiring for the Loan Back Office (LBO) role, a fantastic opening for fresh graduates and postgraduates looking for a stable and structured entry into the finance and banking industry.
This job provide the candidates with real-time experience to the loan processing and documentation ecosystem in one of India’s most trusted public sector banks. Whether you are from BCom, MCom, BBA, or MBA background, if you are passionate about finance, detail-oriented, and eager to learn, this role could be your stepping stone into a rewarding banking career.
Table of Contents
Job Details for LBO in Bank of Baroda:
| Details | Information |
|---|---|
| Company Website | www.bankofbaroda.in |
| Role | Loan Back Office (LBO) |
| Eligible Batches | 2021, 2022, 2023, 2024 |
| Eligible Courses | BCom, MCom, BBA, MBA (Finance), or related fields |
| Stipend/Salary | ₹18,000 per month (approx) |
| Job Location(s) | Mumbai, Maharashtra |
Get the Latest Government Job Alerts on Telegram! Join Now
Role Responsibilities
As a Loan Back Office (LBO) Executive, you will have to work with the end-to-end processing of loans applications.This includes document verification, system updates, coordination with customers and internal departments, and ensuring that each application follows compliance guidelines. Some of your key tasks will include:
- Reviewing loan application forms and ensuring all necessary documents are attached.
- Coordinating with front-end loan officers, customers, and third-party vendors for document collection and verification.
- Entering loan data into internal systems with a high level of accuracy.
- Ensuring all processing is completed as per defined timelines and in compliance with RBI/bank guidelines.
- Generating reports related to loan processing, disbursement, and closure.
- Supporting internal audits and handling queries related to past records.
- Providing administrative support to the loan department, including file management and status tracking.
The Loan Back Office group is critical as it ensures applications and approvals of loans are done effectively, errors are kept to a bare minimum, and the image of the bank as being professional and fast.
Indian Air Force is recruiting for Agniveervayu (Stipend 30000/month).
Qualifications & Preferred Skills
Required Qualifications:
- A bachelor’s or master’s degree in Commerce, Finance, or Business Administration from a recognized university.
- Candidates with up to 1 year of experience are eligible to apply.
- Strong understanding of financial documents like income proofs, KYC, and loan forms.
- Basic knowledge of banking products and services.
- Ability to use computers confidently, including MS Office and loan management software.
Preferred Qualifications:
- Prior internship or work experience in a bank or NBFC will be a strong advantage.
- Good analytical skills and attention to detail.
- Strong communication skills (written and verbal).
- Ability to multitask and prioritize workload efficiently.
- Comfortable working under deadlines and coordinating with multiple stakeholders.
The ideal candidate is someone who is motivated, disciplined, and ready to take ownership of key administrative processes. Since this role is based in Mumbai, applicants should be comfortable relocating or commuting as required.
How to Apply
All interested and eligible candidates can apply for this job using the link below.
To Check & Apply for Baroda Global Important Link: Click here
Join our Telegram Community: Click Here
Join our WhatsApp Community: Click Here
Follow us on Instagram: Click Here
Selection Process for Bank of Baroda – Loan Back Office (LBO) Role
| Stage | Details |
|---|---|
| 1. Online Examination | – Total: 120 questions across 4 sections: 1. English Language 2. Banking Knowledge 3. General/Economic Awareness 4. Reasoning & Quantitative Aptitude – 30 marks per section – 30 minutes per section – Qualifying Marks: – 40% (General/EWS) – 35% (Reserved categories) |
| 2. Psychometric Test | – Conducted after qualifying the online exam. – Evaluates personality traits, behavior, and aptitude. |
| 3. Group Discussion and/or Interview | – Shortlisted candidates from the psychometric test will be called. – May include either a Group Discussion, Interview, or both. |
