RBI Jobs 2019: 60 Specialist Grade B Vacancy for MBA/PGDM, CA, ICWA, M.A, PG Diploma, MS published on 17th August 2018

On 17/08/2018, RBI announced Job notification to hire candidates who completed MBA/PGDM, CA, ICWA, M.A, PG Diploma, MS for the position of Specialist Grade B.
Vacancy 1 Specialist Grade B
Qualification MBA/PGDM, CA, ICWA, M.A, PG Diploma, MS
Vacancies 60 Posts
Experience 3 - 5 years
Job Location Across India
Last Date to Apply 07/09/2018
Other Qualification Details:

1. Qualification & Experience: 

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 Desirable: CFA (USA), FRM, CA/ ICWA/ CS/ Charter holder from Actuarial Society of India/ IFRS Certification from ACCA - 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.

a .Job profile: 1. Monitoring compliance of banks to various instructions issued by RBI on regulation and supervision, accounting standards and credit management. 2. Stress-testing of bank balance sheets and analyzing various scenarios 3. Scrutiny of app-based payment avenues of banks and identify vulnerabilities from a regulatory point of view. 4. Any other work entrusted by the Bank from time to timeJob profile: 

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 workexperience 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.

a .Job profile: 1. Interpreting data, analyzing results using statistical techniques and providing ongoing reports 2. Developing and implementing databases, data collection systems, data analytics and other strategies that optimize statistical efficiency and quality 3. Acquiring data from primary or secondary data sources and maintaining databases/ data analysis systems 4. Any other work entrusted by the Bank from time to time

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.

a .Job profile: 1. Building financial models using historical data and providing forecasts based on various banking-related operating metrics. 2. Conducting Scenario Analysis based on macro and micro factors that will help in accessing risk in the financial sector. 3. Ensuring accurate Modelling of allocated portfolios and developing new transaction models and enhancing the existing models. 4. Identifying the key financial and non-financial risks, recommending actions for mitigation of those risks. 5. Applying appropriate sensitivity and scenario analysis to support regulatory actions. 6. Any other work entrusted by the Bank from time to time.

3. 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

a. Job profile: 1. Investigate financial fraud and examine the transaction trail 2. Build financial profiles of suspicious individuals/entities 3. Compile financial investigative reports 4. Meet with bankers and explain audit findings 5. Any other work entrusted by the Bank from time to time

4. 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. 2. Knowledge of Hindi is desirable. - At least three years of work experience in professional copy editing in a well-known Publishing House, Magazine or Journal. Experience of rewriting usergenerated content to professional standards. Excellent standard of written English. Excellent proofreading skills.

a. Job profile: 1. Editing / proof reading of policy documents, guidelines, reports, instructions, publications and other documents issued by the Bank in English 2. Any other work entrusted by the Bank from time to time

5. 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

a. Job profile: 1. Manpower Planning/ Recruitment/ Induction/ Placement/ Training & Development of employees as per requirement in the organization. 2. Managing Performance Appraisal & Career Growth systems of employees. 3. Implementation of HR policies of the organization. 4. Managing Industrial Relations and administration of various welfare related services for employees/ex-employees and their families. 5. Any other work entrusted by the Bank from time to time

Age: 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, 1994
Application Fee: SC/ST/PwBD I - Rs.100/- & GEN/OBC - Rs.850/- & STAFF@ Nil

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General Instructions

1. Correspondence with the Board: The Board will not enter into any correspondence with the candidates about their candidature except in the following cases: The eligible candidates shall be issued an Admission Letter two weeks before the commencement of the examination. The Admission Letter will be made available on the Bank's website www.rbi.org.in for downloading by candidates. No Admission letter will be sent by post. If a candidate does not receive his e-Admission letter or any other communication regarding his/her candidature for the examination two weeks before the commencement of the examination, he/she should at once contact the help facility as mentioned above.

2. No candidate will ordinarily be allowed to take the examination unless he/she holds an Admission Letter for the examination. On downloading of e- Admission Letter, check it carefully and bring discrepancies/errors, if any, to the notice of Board immediately.

3. PROOF OF IDENTITY TO BE SUBMITTED AT THE TIME OF EXAMINATIONS: At the time of appearing for Paper-I, II and III of the examination, candidates are required to produce a currently valid photo identity card in original and a photocopy of the same in addition to the admission letter. Acceptable photo identity cards are PAN Card/ Passport/ Driving Licence/ Voter's Card/ Bank Passbook with photograph/ Photo identity proof issued by a Gazetted Officer on official letterhead/ Photo identity proof issued by a People's Representative on official letterhead/ valid recent Identity Card issued by a recognised college / university/ e-Aadhar card / Aadhar card with a photograph/ Employee ID/ Bar Council Identity card with photograph. The candidate's identity will be verified with respect to his/her details on the Admission Letter /Examination Call Letter, in the Attendance List and requisite documents submitted. If identity of the candidate is in doubt the candidate may not be allowed to appear for the Examination.

Important Dates

1 .Website Link Open For Online Registration of Applications and Payment of Fees/Intimation Charges - August 17, 2018 to September 7, 2018
2. Paper I: Online - Objective & Paper II: Online - Descriptive & Paper III: Offline - Descriptive - September 29, 2018

Selection Procedure

Selection for the aforementioned posts will be done through Online/Offline examinations in the following three papers followed by Interview. Marks scored in Paper-I, Paper-II, Paper-III and Interview together will be counted for final selection.

How to Apply

Candidates are required to apply only online using the website www.rbi.org.in. No other means/mode of application will be accepted. Detailed instructions for filling up online applications are available atwhich is available on the Bank's website www.rbi.org.in 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, examination centre, photograph, signature, left thumb impression and hand writing undertaking/declaration, 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.LAST DATE OF RECEIPT OF APPLICATIONS: The Online Applications can be filled up to September 7, 2018 till 00:00 PM.


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