RBI Jobs 2018: 01 Director Vacancy for Any Post Graduate, M.Phil/Ph.D published on 19th September 2018

On 19/09/2018, RBI announced Job notification to hire candidates who completed Any Post Graduate, M.Phil/Ph.D for the position of Director.
Vacancy 1 Director
Qualification Any Post Graduate, M.Phil/Ph.D
Vacancies 01 Post
Salary Rs. 1,01,900 - Rs. 1,13,900/- Per Month
Experience 15 - 20 years
Job Location Mumbai
Last Date to Apply 03/10/2018
Other Qualification Details:
1. Essential: Full-time Master’s Degree or Doctorate Degree (PhD) in Statistics, Econometrics, Computer Science, Mathematics, Mathematical Statistics, Data Science and Big Data, Finance or Economics from an Indian University recognized by Government bodies/ AICTE or a similar Foreign University /Institute. The Master’s degree should have been acquired with at least 55% marks.

2. Desirable: Full-time diploma in the area of Data Science, Data Analytics or Data Statistics from an Indian University recognized by Government bodies / AICTE or a similar Foreign University / Institute.

3. Experience (As on 01/09/2018): At least fifteen years of experience in the area of Data Analytics, Data Science or Statistics/ Econometrics in commercial banks/ large financial companies / financial services organizations / large IT services companies with financial domain including 5 years of managerial or supervisory experience as Director or fifteen years of experience in Academics and Research in a reputed University in the areas of Finance, Banking or Monetary Policy which may inter-alia include: Experience in integrating a variety of data sources, methods and applications. Experience in implementing a range of statistical or machine learning methods from basic descriptive statistics, hypothesis testing and feature transformation to complex dimension reduction, supervised or unsupervised learning, and model turning and validation. Proficiency in python or R, SQL and distributed computing systems such as Hadoop and related tools. Experience of various statistical and forecasting methodologies such as regression analysis (linear and non-linear), cluster analysis, CHAID, time series, survival models Experience in using data visualization tools (Qlik and Tableau).

4. The current monthly pay scale of officer in Grade F is as under: Rs 101900-3000(4)-113900 (5 years). Pay will be initially fixed at the minimum of pay scale. The selected candidate will be eligible for all the perquisites as available to the post of officer in Grade F.
Age: Age of the candidate should not be more than 57 years.

General Rules/ Instructions

1. Candidate should apply strictly in conformity with the format as prescribed in the Application Form.
2. Candidates should enclose copies of the relevant certificate/s (in support of age, educational qualification) and appropriate documents in support of the experience, with the application. Their candidature will be considered on the strength of the information declared in the application and the copies of certificates/ documents submitted therewith. If at any stage it is found that any information furnished in the application is false/incorrect or if according to the Board, the candidate does not satisfy the eligibility criteria, his/her candidature/appointment is liable to be cancelled/terminated.
3. Candidates called for interview, will be reimbursed to and fro actual Economy Class air fare by the shortest route from the place of their residence/place of work to the place of interview whichever is nearer.
4. Canvassing in any form will be a disqualification.
5. In all matters regarding eligibility, conduct of interviews, assessment, prescribing minimum qualifying standards in interview, in relation to number of vacancies and communication of result, the Board’s decision shall be final and binding on the candidates and no correspondence shall be entertained in this regard.
6. Candidates already in service of Govt./Quasi-Govt. organizations, Public Sector Banks/Undertakings, Government owned industrial undertakings or other similar organizations, whether in a permanent or temporary capacity are required to submit an undertaking in the Application Form that they have informed in writing to their Head of Office/Department that they have applied for the Post. Candidates should note that in case a communication is received from their employer by the Board withholding permission to the candidates applying for/appearing at the interview, their application will be liable to be rejected/candidature will be liable to be cancelled. The recommended candidate has to produce discharge certificate from the employer at the time of appointment in RBI.

Documents

1.Proof of age (copy of passing Secondary/High School/10th standard Certificate or Higher Secondary School /12th Standard Certificate mentioning the DoB).
2. Copy of Certificates and Mark sheets in respect of qualifications acquired.
3. Appropriate document(s) in support of experience.
4. A write up (500 words, Font: Arial 12) on his / her vision to set up the proposed Data Science Lab in Reserve Bank of India.
5. A brief statement justifying his / her suitability for the leadership position, which may cover specific examples from own work experience / contributions given the stated broad duties assigned to the position.
6. PwBD candidates should possess a latest disability certificate issued by a Competent Authority as prescribed vide The Rights of Persons with Disabilities Act, 2016 (RPWD Act, 2016).

Selection Procedure

Selection will be through interview only. A preliminary screening of the applications will be carried out for making, if necessary, a short-list of eligible candidates to be called for the interview. Hence, merely fulfilling the minimum requirements laid down for the post would not automatically entitle any candidate for interview.

How to Apply

1. Applicant must also submit a write up (500 words, Font: Arial 12) on his / her vision to set up the proposed Data Science Lab in Reserve Bank of India. The candidate may also separately submit a brief statement justifying his / her suitability for the leadership position, which may cover specific examples from own work experience / contributions given the stated broad duties assigned to the position. Candidates shortlisted for the interview will have to submit self-certified photocopies of documents in support of their eligibility on grounds of age, educational qualifications and work experience in a sealed cover addressed to “General Manager, RBI Services Board, 3rd Floor, RBI Building, Opp. Mumbai Central Railway station (East), Byculla, Mumbai 400008”.

2. The candidates applying for the post must submit their: Application (Application Form) A write up (500 words, Font: Arial 12) on his / her vision to set up the proposed Data Science Lab in Reserve Bank of India A brief statement justifying his / her suitability for the leadership position, which may cover specific examples from own work experience / contributions given the stated broad duties assigned to the position. by post/courier to “The General Manager, Reserve Bank of India Services Board, 3rd Floor, RBI Building, Opp. Mumbai Central Railway Station (East), Byculla, Mumbai - 400008” in the prescribed format. Also a copy of the application has to be mailed.

3. A recent photograph is to be pasted at the appropriate place and application should be signed by the candidate. Incomplete and illegible applications will be rejected. III. The cover containing the application should be super scribed with the name of the post applied for i.e. ‘APPLICATION FOR THE POST OF DIRECTOR IN GRADE ‘F’ IN THE PROPOSED DATA SCIENCES LAB.

4. The application, enclosing all prescribed documents should reach the Board’s Office on or before 5.00 P.M. on October 3, 2018. The Board takes no responsibility for any delay in receipt of Application/s or loss thereof in postal transit.

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