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Repco Bank a Government of India Enterprise invites applications from eligible candidates
for the post of Marketing Associate.

1. Name of the Post/ Nature of Engagement /Vacancy/Age/ Selection process:

Post Nature of Engagement Vacancy Age As on 31.10.2024 Selection

process
Marketing Contractual engagement 10* Minimum - 25 years Short listing /
Associate for 11 months and Maximum - 35 years Interview
renewable based on
performance
* Vacancy position may vary depending on actual requirement at the time of final process.

Note: Only Indian Nationals are Eligible to apply

2. Details of Educational Qualification and Experience:

Educational Qualifications (as on Experience (as on Other requirements

31.10.2024) 31.10.2024)

Any under graduate Degree (i.e. Minimum 3 years’  Proficiency in both English
10+2+3 stream) or its equivalent. experience in the field and Tamil/ local
of marketing in Banking vernacular language.
Preferable: Specialisation in and Financial Services.  Candidates with their own
Marketing from Institutions two-wheeler and a valid
recognised/approved by Govt. For Post-Graduation driving license are
bodies/AICTE/UGC (or) Post degree with a preferred.
Graduation in Marketing specialization in  A strong flair for
discipline is preferred. Marketing, at least 1 marketing, with a passion
year experience in and proven expertise in
Banking and Financial the field.
Services is required.  Any other documents to
ascertain credibility, past
performance and
reputation of the
personnel.
3. Job Description:

The Marketing Associates will be responsible for generating leads and converting high-
quality leads for collateral-based loan products within the branch’s operating limit. This role
is primarily focused on sourcing of new business only. The Marketing Associates will be in
the field, marketing and promoting the Bank's mortgage based loan products.

Key Responsibilities:

 Lead Generation: Identify and source high-potential loan leads for collateral-based
loan proposals.
 Relationship Building: Develop strong relationships with potential borrowers, local
businesses, and key community members to build a consistent pipeline of qualified
loan leads.
 Market Outreach: Strengthen the Bank's presence in the local market through
continuous engagement, brand promotion, and marketing activities.
 Loan Sourcing: Actively canvass collateral-based loans, ensuring that all proposals
adhere to the Bank's policies for secured lending and are within the prescribed
branch area of operation.
 Documentation Support: Assist prospective borrowers in gathering and completing
the necessary documentation for submission of loan applications, ensuring a smooth
sanction and disbursement process.
 Reporting: Provide regular updates and reports on lead generation, loan proposals,
and conversion progress to the Business Development Officer(BDO’s) or any other
officer who is entrusted by Managing Director.

4. Remuneration:

A fixed remuneration of Rs.15000/- p.m [Rs.12,000/- + Rs.3000/-(fixed conveyance)] and

variable incentive based on the volume of loan sourced and disbursed as follows:

Slab based on aggregate loan quantum

Sl.No. involving 1st disbursement during the Variable Incentive Percentage
month

1 Upto Rs.100 Lakh 0.25% of loan amount

2 Above Rs.100 Lakh to Rs.300 lakh 0.15% of loan amount

3 Above Rs.300 lakh 0.10% of loan amount

5. Selection Procedure:

The selection will be based on short listing and interview.

i) Mere fulfilling minimum qualification and experience will not vest any right in
candidate for being called for interview. Committee constituted by the bank will
decide the parameters for selection and thereafter adequate number of
candidates as decided by the bank will be shortlisted for interview. The decision
of the bank to call the candidates for the interview shall be final. Selection will be
made on the basis of performance in the process. No correspondence will be
entertained in this regard.

ii) The date for the selection process will be communicated to the candidates
through call letters. The Bank however reserves the right to cancel or make any
changes in the date, if need arises.

iii) Selected candidates will be posted in any of the branches of the Bank.

6. How to Apply:

i) Candidates who satisfy the eligibility norms should submit their

application in Bio-data form in English, Typed on thick A4 size sheet, with
one recent passport size photograph affixed on the application on the top
right hand corner and indicating prominently in Bold letters the post for
which he/she is applying at the Top. The format of the Application form is
available in Bank’s website www.repcobank.com.

ii) The duly filled in Applications should reach the Bank on or before
09.12.2024.

iii) Applications should be sent in closed envelope super scribed “FOR THE
POST OF MARKETING ASSOCIATE“ to the following address:

The General Manager (Admin),

Repco Bank Ltd, P.B.No.1449,
Repco Tower,
No:33, North Usman Road,
T.Nagar, Chennai – 600 017.
 iv) Repco Bank reserves the right to reject any application, before, during or
after interview, if found not satisfied the recruitment /eligibility criteria for
the post which he/she has applied.

7. General Instructions:

a) Before applying for the post, the applicant should ensure that he/she fulfills the
eligibility and other norms mentioned above for the post as on the specified date
and that the particulars furnished by him/her are correct in all respects.

b) The Bank takes no responsibility for any delay in receipt or loss in postal transit of
any application or communication.

c) The applications must be properly and completely filled. Incomplete applications will
be summarily rejected.

d) Candidates working in Govt/Semi-Govt/Govt. undertaking / Public undertaking will

be required to produce No Objection Certificate from their employer if called for
Interview, in the absence of which, his/her candidature may not be considered.

e) Candidates will have to appear for the interview at their own expenses.

f) In case it is detected at any stage of recruitment that a candidate does not fulfil the
eligibility norms and /or that he /she has furnished any incorrect/ false information
or has suppressed any material facts, his/her candidature will stand cancelled. If
any of these shortcomings is /are detected even after appointment, his /her
contracts are liable to be terminated.

g) Decisions of Bank in all matters regarding eligibility, conduct of interview, other tests
and selection would be final and binding on all candidates. No Representation or
Correspondence will be entertained by the bank in this regard.

8. Other terms and conditions:

a. Non-Regularization: Marketing Associates engaged on a contractual basis are not

eligible for regular employment in the Bank irrespective of the length of completed
contract period.
b. Performance Review: Performance will be reviewed yearly, and extension of
contract will be granted based on satisfactory performance in lead generation,
conversion, and overall conduct.
c. No Employee Benefits: Contractual employees will not be entitled to any benefits
applicable to regular Bank employees, such as Provident Fund, Gratuity, or other
allowances.
 d. Training and Development: The role is exclusively focused on sourcing of collateral-
based loan proposals from new customers. Therefore, newly appointed Marketing
Associates will be given mandatory training program to equip themselves with the
necessary skills and knowledge for the role and to ensure familiarity with the Bank’s
loan products and processes.
e. Confidentiality: Contract employees must maintain the confidentiality of all Bank
information and customer data. Breach of confidentiality will lead to immediate
termination of the contract.
f. Termination of Contract:
i. The contract may be terminated, with immediate effect in cases of
underperformance, misconduct, or violation of terms.
ii. The Marketing Associates shall not collect any amount in any form or other
fees from the leads/borrowers for providing services. Any such activity, if
detected, may lead to immediate termination of contract.

Note: Bank reserves the right to cancel the recruitment process entirely at any stage.

Place: Chennai – 17
Date: 20.11.2024
GENERAL MANAGER(ADMIN)