RBI Jobs 2019: 06 Legal Consultant Vacancy for LLB published on 19th September 2018

On 19/09/2018, RBI announced Job notification to hire candidates who completed LLB for the position of Legal Consultant.
Vacancy 1 Legal Consultant
Qualification LLB
Vacancies 06 Posts
Salary Rs. 1,25,000 - Rs. 3,00,000/- Per Month
Experience 15 - 20 years
Job Location Mumbai
Last Date to Apply 05/10/2018
Other Qualification Details:

1. Legal Consultant (Grade ‘F’) (On Contract Basis)

a .Educational Qualifications (as on 01-09-2018) a) Bachelor’s Degree in Law recognized by the Bar Council of India for the purpose of enrollment as an Advocate with a minimum of 50% marks or equivalent in the aggregate of all semesters/years; and b) Master’s Degree / Ph.D in Law from a recognized university.

b. Experience (as on 01-09-2018): 

a) Essential: At least ‘fifteen years’ experience as an Advocate or as a Law Officer in the Legal Department of a large bank/financial institution /statutory corporation or in the Legal Department of Central/State Government or as a partner in a Law firm providing legal advice.

b) Desirable: Experience in Taxation laws, International laws, laws relating to Banking, Payment Systems, Forex and Cyber / IT Laws.

c. Remuneration: The compensation package (without providing housing) will be equal to Cost-to Company (CTC) equivalent of Grade ‘F’ Officers in the Bank (presently Rs. 36 lakh perannum subject to tax (pre-revised). The selected candidate will be offered a compensation package on CTC basis.

d. Job Responsibility: a) Providing legal opinion on the matters referred by the Bank. b) Providing legal advice on policy issues, support and guidance on any legal matters as desired by the Top Management. c) Assisting Governor / Deputy Governor / Top Management whenever they are required to depose before the various committees of Parliament or any other such forum. d) Providing support for finalizing the strategies for dealing with Court cases of importance for the Bank. e) Vetting of draft legislation and sub-ordinate legislation. f) Attending Conference with Legal Counsels whenever outside opinion is sought by the Bank and participating in meetings with Senior Government officials, when required by the Bank. g) Preparing draft pleadings, briefing the Bank’s Advocates, attending proceedings before the court, etc. h) Any other work as may be assigned by the Bank from time to time.

2. Legal Consultant (Grade ‘C’/’D’) on contract basis

a .Educational Qualifications (as on 01-09-2018):

a) Essential: Bachelor’s Degree in Law recognized by the Bar Council of India for the purpose of enrollment as an Advocate with a minimum of 50% marks or equivalent in the aggregate of all semesters/years and

b) Desirable: Master’s Degree /Ph.D. in Law from a recognized university.

b. Experience (as on 01-09-2018): 

a) Essential: At least ‘Seven years’ experience as an Advocate or as a Law Officer in the Legal Department of a large bank/financial institution/statutory corporation or in the Legal Department of Central/State Government or as a partner in a Law firm providing legal advice.

b) Desirable: Experience in Taxation laws, International laws, laws relating to Banking, Payment Systems, Forex and Cyber / IT Laws.

c. Nature of Appointment: Appointment will be on contract basis (Full Time) as Legal Consultant equivalent to the post of officer in Grade C / D.

d. Job Requirements/ Responsibility : a) Assisting the Legal Advisers generally in (i) carrying out Legal research (ii) providing legal opinions (iii) preparation of drafts of show cause notices and speaking orders for consideration of the authority competent to issue the same, as also to handle litigation, if any, and to carry out such official tasks as are assigned by the HoD or the Legal Adviser. b) Providing legal opinion on the matters referred by the Bank. c) Examining inter-departmental references and to provide opinion on legal issues arising therein. d) Providing support for finalizing the strategies for dealing with important Court cases. e) Vetting of draft legislation and sub-ordinate legislation. f) Attending Conferences with Legal Counsels whenever outside opinion is required and participating in meetings with Senior Government officials. g) Providing sup

Age: Should not be below 45 years and above 55 years. For Legal Consultant (Grade F) (On Contract Basis) & Legal Consultant (Grade C/D) on contract basis - Age (as on 01-09-2018) Should not be below 30 years and above 45 years
Application Fee: SC/ST/PwBD - Rs.100/- & GEN/OBC - Rs.600/-


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General Instructions

1. Board does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of or for any reason beyond the control of the Board.Any canvassing by or on behalf of the candidates or to bring political or other outside influence with regard to their selection/recruitment shall be considered as disqualification

2. In all matters regarding eligibility, 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.Any resultant dispute arising out of this advertisement shall be subject to the sole jurisdiction of the Courts situated at Mumbai onl

Important Dates

1 .Website Link Open – For On-Line Registration of Applications and Payment of Fees/Intimation Charges - eptember 21, 2018 to October 5, 2018
2. Last date for receipt of online applications with prescribed fee. - October 5, 2018

Selection Procedure

1. Legal Consultant (Grade ‘F’) (On Contract Basis) - Selection will be through interview only. Familiarity and capability of the candidate to deal with issues relating to Banking Regulation Act, 1949, RBI Act 1934 and FEMA ,1999, etc., inter alia may be judged during the interview.

2. Legal Consultant (Grade ‘C’/’D’) on contract basis - Selection will be through interview only. The interview would among other things, assess the familiarity and capability of the candidate to deal with issues relating to Banking Regulation Act, 1949, RBI Act 1934 and FEMA ,1999, inter alia may be judged during the interview. Based on the qualifications, experience etc. of the candidates, the Board may offer a position equivalent to either Grade ‘C’ or Grade ‘D’ officer in the Bank (in CTC equivalent)

How to Apply

1. Candidates have to apply only online through the Bank's website i.e. www.rbi.org.in from 21/09/2018 to 05/10/2018. No other means/mode of applications will be accepted. Candidates are required to apply only online using the website www.rbi.org.in. No other means / mode of application will be accepted. Instructions for filling up online applications are available at Appendix –I which is available on the Bank’swebsite www.rbi.org.in.

2. The applicants are advised to submit only single application; however, if due to any unavoidable situation, if he/she submits another/multiple applications, then he/she must ensure that application with the higher Registration ID (RID) is complete in all respects like applicants’ details, photograph, signature, fee etc. The applicants who are submitting multiple applications should note that only the last completed applications with higher RID shall be entertained by the Board and fee paid against one RID shall not be adjusted against any other RID.The Online Applications can be filled up to October 5, 2018 till 12:00 midnight.



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