RBI Recruitment 2018: The Reserve Bank of India (RBI) has invited online applications for posts of Specialists in Grade ‘B’ in Common Seniority Group (CSG) Streams – 2018. Check all important details here:
Important dates:
Website Link Open For Online Registration of Applications and Payment of Fees/Intimation Charges: August 17 2018 to September 7, 2018
Paper I: Online – Objective; Paper II: Online – Descriptive; Paper III: Offline – Descriptive – September 29, 2018
Number of vacancies:
| Sr. No. | Post – Specialists in Grade B | Number of Vacancies | ||||
| Unreserved i.e., General (GEN/UR) | Scheduled Castes (SC) | Scheduled Tribes (ST) | Other Backward Classes (OBC)$ | TOTAL | ||
| 1. | Finance | 8 | 2 | 1 | 3 | 14^ |
| 2. | Data Analytics | 8 | 2 | 1 | 3 | 14 |
| 3. | Risk Modelling | 8 | 1 | 0 | 3 | 12# |
| 4. | Forensic Audit | 8 | 1 | 0 | 3 | 12 |
| 5. | Professional Copy Editing | 3 | 0 | 0 | 1 | 4 |
| 6. | Human Resource Management | 3 | 0 | 0 | 1 | 4* |
Career prospects/Salary
(i) Pay Scale: Selected Candidates will draw a starting basic pay of Rs. 35,150/- p.m. in the scale of Rs. 35150-1750 (9)-50900-EB-1750 (2)-54400-2000 (4)-62400 applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local allowance, House Rent Allowance, Family allowance and Grade Allowance as per rules in force from time to time. At present, initial monthly Gross emoluments are approximately Rs. 75,831/-(approx.)
(ii) Seniority: Candidates selected for the post of Specialists in Gr. B will join the Common Seniority Group and the seniority among these Officers will be fixed according to the ranking worked out by using the standard percentile score of aggregate marks of selected candidates.
(iii) Perquisites: Bank’s accommodation subject to availability, reimbursement of expenses for maintenance of vehicle for official purpose, newspaper, telephone charges, book grant, allowance for furnishing of residence, etc. as per eligibility. Free dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalization as per eligibility. Interest free festival advance, Leave Fare Concession (once in two years for self, spouse and eligible dependents). Loans and Advances at concessional rates of interest for Housing, Vehicle, Education, Consumer Articles, Personal Computer, etc. Selected candidates will be governed by ‘the defined contribution New Pension Scheme (NPS)’, in addition to the benefit of Gratuity.
(iv) At certain centres, limited number of residential quarters are available. Facility for securing residential accommodation on lease, however, exists at all centres.
(v) Initial appointment will be on probation for a period of two years. At Bank’s discretion, the probationary period may be extended upto a maximum period of four years.
(vi) There are reasonable prospects for promotion to higher grades.
(vii) Likely place of posting will be Mumbai. However, selected candidates may be posted and transferred anywhere in India.
Qualification:
| Sr. No. | Post | Educational Qualification (as on 1.08.2018) | Post-qualification Work Experience (as on 1.08.2018) in supervisory/management role (For Experience, probationary period will not be reckoned) |
| 1 | Finance | Essential: 2 year full time Post Graduate Degree in Economics / Commerce / MBA (Finance) / PGDM (with Finance specialization) from an Indian University recognized by Government bodies/ AICTE or a similar Foreign University /Institute, with at least 55% marks | At least three years of work experience in corporate credit appraisal, corporate loan recovery, investment & treasury (including derivatives) in a Scheduled Commercial Bank/s or a Systemically Important NBFC. |
| Desirable: CFA (USA), FRM, CA/ ICWA/ CS/ Charter holder from Actuarial Society of India/ IFRS Certification from ACCA | |||
| 2 | Data Analytics | 2 year full time MBA (Finance) / M.Stat from an Indian University recognized by Government bodies/ AICTE or a similar Foreign University /Institute, with at least 55% marks. | At least three years of work experience as a data analyst in areas of credit/ market/ liquidity risk in a Scheduled Commercial Bank/s or a Systemically Important NBFC or in a rating agency established at least 10 years back. |
| 3 | Risk Modelling | 2 year full time MBA (Finance) / M.Stat from an Indian University recognized by Government bodies/ AICTE or a similar Foreign University /Institute, with at least 55% marks. | At least three years of work experience in risk modelling in areas of credit/ market/ liquidity risk in a Scheduled Commercial Bank/s or a Systemically Important NBFC or in a rating agency established at least 10 years back. |
| 4 | Forensic Audit | CA/ ICWA with Certificate Course on Forensic Accounting and Fraud Detection conducted by ICAI. | At least three years of specialized work experience in the area of forensic Audit and being a part of forensic audit team in Central / State Government Undertaking or Departments. |
| 5 | Professional Copy Editing | 1. Full time Post Graduate Degree in English from an Indian University recognized by Government bodies or a Foreign University /Institute, with at least 55% marks. | At least three years of work experience in professional copy editing in a well-known Publishing House, Magazine or Journal. |
| Experience of rewriting user-generated content to professional standards. Excellent standard of written English. Excellent proof-reading skills. | |||
| 2. Knowledge of Hindi is desirable. | |||
| 6 | Human Resource Management | Full time Post Graduate Diploma/ Master’s Degree in Human Resource Management / Personnel Management/Industrial Relations/Labour Welfare from a recognised Indian or Foreign University /Institute with at least 55% marks. | At least three years work experience in the field of Human Resource Management/ recruitment/ training/ Personnel Management/ Industrial Relations in domestic / foreign Banks / FIs / reputed financial companies / financial services organizations / reputed public or private corporates |
Age limit:
Age Limits (as on 1.08.2018): (a) A candidate must have attained the age of 24 years and must not be above the age of 34 years on the 1st of August, 2018 i.e., he/she must have been born not earlier than 1st August, 1984 and not later than 1st August, 19
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