RBI Grade “C” Officers Recruitment
RBI Grade “C” Officers Recruitment
RBI (Reserve Bank of India) has released a Notification for the Recruitment of “OFFICERS” in Grade “C” Vacancies in RBI.
Interested candidates are advised to read the notification carefully and eligible candidates can apply at the link provided below.
Important Dates - RBI Grade “C” Officers Recruitment
Online Registration Starts – December 19, 2018
Last Date to Apply – January 8, 2019 (Till 6:00 P.M)
Last Date for Payment of Fees – January 8, 2019
RBI Grade C Officer - Post & Vacancy Details
Name of the Post: Grade “C” Officers
A total number of vacancies: 61.
Post Categories: Trade Finance, Corporate Lending, Treasury, Retail Lending, Analytics & General Banking, Accounting (IFRS), Information Technology, Stress Testing, and Mainframe Systems.
Area/ Position | Designation | Vacancies |
Trade Finance | Bank Examiner /Supervisory Manager | 5 |
Corporate Lending | Bank Examiner /Supervisory Manager | 5 |
Treasury | Bank Examiner /Supervisory Manager | 5 |
Retail Lending | Bank Examiner /Supervisory Manager | 5 |
Analytics & General Banking | Analyst | 5 |
Accounting (IFRS) | Accounts Specialist | 5 |
Information Technology | IT Examiner/IT Analyst/IT Auditor | 10 |
Stress Testing | Analyst | 5 |
Mainframe System Administrator/ Virtualised Environment Administrator/ Database Administrator | System Administrator | 4 |
Application/ Middleware experts- Application Middleware Administrator for IBM MQ/ ORACLE Web Logic/ JBoss/ WAS | Project Administrator | 3 |
Network Experts | Network Administrator | 3 |
Web Designer | Web Designer | 1 |
System Administrator- Big Data and Open Source | System Administrator (Big Data) | 1 |
Behavioural Scientist | Behavioral Scientist | 1 |
Information Technology | System Administrator | 2 |
International Agreements/ Taxation Issues | Legal Specialist | 1 |
RBI Grade C Officer - Eligibility Criteria
Age Limit
Minimum Age: 25 Years, Maximum Age: 35 Years
Age limit will be considered as on 1st December 2018.
That is, he/she must have been born not earlier than 1st December 1983 and not later than 1st December 1993.
Educational qualifications and work experience (as on 01.12.2018):
Sr. No. | Position | Qualification and Post-qualification Work Experience (as on 1.12.2018) in a supervisory/management role (For Experience, probationary/training period will not be reckoned) |
1. | Trade Finance | Essential Qualification – Post Graduate Degree in Economics or Commerce / MBA / PGDBA / PGPM / PGDM (with Finance specialization) from a recognised Indian or Foreign University / Institute Desirable Qualification – CFA (USA) / CA / ICWA / LLB / LLM / IFRS Certificate Essential Experience – Five years of experience in commercial banks / large financial companies / financial services organisations with minimum two years of experience in the areas of Credit & Forex / Trade Finance function in Banking / Financial Sector (Experience of working in trade finance function including exports / imports / foreign remittances / LC / BG will be preferable) |
2. | Corporate Lending | Essential Qualification – Post Graduate Degree in Economics or Commerce / MBA / PGDBA / PGPM / PGDM (with Finance specialization) from a recognised Indian or Foreign University / Institute Desirable Qualification – CFA (USA) / CA / ICWA / LLB / LLM / IFRS Certificate Essential Experience – Five years of experience in commercial banks / large financial companies / financial services organisations with minimum two years of experience in the areas of Processing / Appraisal of Corporate Credit (Experience of working in Credit Department) |
3. | Treasury | Essential Qualification – Post Graduate Degree in Economics or Commerce / MBA / PGDBA / PGPM / PGDM (with Finance specialization) from a recognised Indian or Foreign University / Institute Desirable Qualification- CFA (USA) / CA / ICWA / LLB / LLM / IFRS Certificate Essential Experience – Five years of experience in commercial banks / large financial companies / financial services organisations with two years of experience in the area of Treasury Operations |
4. | Retail Lending | Essential Qualification – Post Graduate Degree in Economics or Commerce / MBA / PGDBA / PGPM / PGDM (with Finance specialization) from a recognised Indian or Foreign University / Institute Desirable Qualification- CFA (USA) / CA / ICWA / LLB / LLM / IFRS Certificate Essential Experience- Five years of experience in commercial banks / large financial companies / financial services organisations with minimum two years of experience in the areas of Processing / Appraisal of Retail Credit (Experience of working in Credit Department) |
5. | Analytics & General Banking | Essential Qualification – Post Graduate Degree in Economics or Commerce / MBA / PGDBA / PGPM / PGDM (with Finance specialization) from a recognised Indian or Foreign University / Institute Desirable Qualification – CFA (USA) / CA / ICWA / LLB / LLM / IFRS Certificate Essential Experience – Five years of experience in areas of General Banking Operation in commercial banks |
6. | Accounting (IFRS) | Essential Qualification – CA / ICWA / Post Graduate Degree in Commerce / MBA / PGDBA / PGPM / PGDM (with Finance specialization) from a recognised Indian or Foreign University / Institute Desirable Qualification – CFA (USA) / LLB / LLM / CS / IFRS Certificate Essential Experience – Five years of experience in areas of Financial Reporting / Accounting in commercial banks / large financial companies / financial services organisations |
7. | Information Technology | Essential Qualification – BE / B Tech / M Tech in Computer Science / IT / Electricals and Electronics or MCA with specialisation in Information Security / IT Risk Management / Information Assurance / Cyber security and Digital Threat Management. Desirable Qualification- Professional certifications like CISA, CISSP, CISM, CEH Essential Experience – Five years of experience in Information Security in commercial banks/ large financial companies / financial services organisations / large IT services companies / Telecom companies |
8. | Stress Testing | Essential Qualification – Master’s Degree in Mathematics / Statistics / Econometrics / Commerce / Economics / Mathematical Statistics / Quantitative Economics / Quantitative Finance Desirable Qualification – FRM (GARP), PRM Essential Experience – Five years of experience including three years in Credit Risk domain with knowledge of economic and econometric modelling tools and techniques in commercial banks / large financial companies / financial services organisations |
9. | Mainframe System Administrator/ Virtualised Environment Administrator/ Database Administrator | Essential Qualification – BE / B Tech / M Tech in Computer Science / IT / Electricals and Electronics or MCA Desirable Qualification – VCP, OCP, IBM z/Series Professional certification for respective positions Essential Experience – Five years of experience in the areas of implementation, configuration, operations and maintenance of Mainframe (z/OS) / Virtualisation Management Software / ORACLE / DB2 in commercial banks / large financial companies / financial services organisations / large IT services companies / Telecom companies |
10. | Application/ Middleware experts- Application Middleware Administrator for IBM MQ/ ORACLE Web Logic/ JBoss/ WAS | Essential Qualification – BE / B Tech / M Tech in Computer Science / IT / Electricals and Electronics or MCA. Desirable Qualification – OEM Certified Professional in WAS, Web Logic, JBoss, IBM-MQ Essential Experience – Five years of experience in computer engineering, coding, interface establishment, script application, storage management, multiple operating systems (e.g. Windows, Unix, and Linux), and RDBMS systems, project management through all phases of a project lifecycle, knowledge of FISMA and respective security controls in commercial banks / large financial companies / financial services organisations / large IT services companies / Telecom companies |
11. | Network Experts | Essential Qualification – BE / B Tech / M Tech in Computer Science / IT / Electricals and Electronics or MCA Desirable Qualification – Certification in CCNA / CCNP / CCDP / CISSP or equivalent Essential Experience – Five years of experience in IT sector in handling large network and adequate knowledge of routing and switching protocol in commercial banks / large financial companies / financial services organisations / large IT services companies / Telecom companies |
12. | Web Designer | Essential Qualification – BE / B Tech / M Tech in Computer Science / IT / Electricals and Electronics or MCA Desirable Qualification – Professional diploma / certificate in web designing Essential Experience – Five years of experience in areas of web designing with data analytics facilities / e-Channels applications, open source data visualisation techniques (e.g., R-Shiny), Web technologies, Web security, using Java, JEE, C#, .NET, APIs, Open Source Frameworks – Struts, Hibernate, Spring, Java Faces, Middleware – MQ Broker, MQ, SOA Frameworks, UI / UX standards including HTML5, Responsive Web Frameworks, Web Services – REST style in commercial banks / large financial companies / financial services organisations / large IT services companies |
13. | System Administrator- Big Data and Open Source | Essential Qualification – BE / B Tech / M Tech in Computer Science / IT / Electricals and Electronics or MCA. Desirable Qualification – MCP / MCSE, CCNA Essential Experience – Five years of experience in research, designing, building, maintenance, monitoring and management of open source technologies such Hadoop, Spark and other such technologies, security systems for big data and open source platforms such as Kerberos, web crawling techniques, scripting languages like R, Python in commercial banks / large financial companies / financial services organisations / large IT services companies / Telecom companies |
14. | Behavioural Scientist | Essential Qualification – Post Graduate Degree in Social Science / Psychology with Diploma / Certificate in Natural Language Processing (NLP). Essential Experience – Three years of experience in the areas of web crawling, sentiment analysis and knowledge of linguistics terms for macroeconomic data and its interpretation in commercial banks/ large financial companies / financial services organisations or experience in Academics and Research in the area of Behavioural Science in a reputed Indian / Foreign University |
15. | Information Technology | Essential Qualification – BE / B Tech / M Tech in Computer Science / IT / Electricals and Electronics or MCA with specialisation in Information Security / IT Risk Management / Information Assurance / Cyber security and Digital Threat Management. Desirable Qualification – Professional certifications like CISA, CISSP, CISM, CEH, CCNA, CCNP Essential Experience – Five years of experience in System Administration and / or Information Security in commercial banks / large financial companies / financial services organisations / large IT services companies / Telecom companies |
16. | International Agreements/ Taxation Issues | Essential Qualification – Post Graduate Degree in Law recognized by the Bar Council of India for the purpose of enrolment as an Advocate Desirable Qualification – CFA (USA) / CA / ICWA / CS / IFRS Certificate Essential Experience – Five years of experience in areas of International Agreements / Taxation in commercial banks / large financial companies / financial services organisations or with a legal consultancy firm |
Note: Minimum passing percentage requirements
Wherever post- graduation is an essential qualification: For General category / OBC a minimum of 55 % marks (50% in case of SC/ST/PwBD in case vacancies are reserved for them) in the post-graduate degree examination is required and
Wherever graduation is an essential qualification: For General / OBC category a minimum of 60 % marks (50% in case of SC/ST/PwBD in case vacancies are reserved for them) in the degree examination.
Some Universities/Institutes/Boards do not award Class or percentage of marks and allot Aggregate Grade Points (e.g. CGPA/OGPA/CPI, etc.). In case University/Institute/Board defines criteria for conversion of Aggregate Grade Point into a percentage of marks, the same will be accepted. However, where the University/Institute/ Board does not define criteria for conversion of Aggregate Grade Point into the percentage of marks, in the degree/passing certificates, the undefined parameter(s) would be worked out as under:
Equivalent CGPA/OGPA/CPI or similar terminologies allotted on a 10-point scale | Aggregate Percentage of Marks |
6.75 | 60% |
6.25 | 55% |
5.75 | 50% |
Period: Appointment will be on a full-time contract basis initially for a period of three years, extendable further, subject to a maximum tenure of five years. The contract will be terminable with a notice period of one month from either side.
The appointees would be required to upgrade their knowledge and skills periodically. The performance of the contract appointees would be reviewed annually to decide on the continuance of the contract. The contract appointment will be governed by the other terms and conditions as applicable to contract appointees in the Bank.
Remuneration: The consolidated remuneration would be ₹ 21.60 lakhs (pre-revised) per annum (without housing) subject to tax. However, the Bank, at its discretion, reserves the right to offer higher compensation to candidates with higher academic or professional qualification/ experience.
Leave:
Contract appointees will be allowed leave at the rate of 30 days per year (Leave to be calculated on pro-rata basis for any fractional period beyond one year).
Contract appointees will be permitted to avail leave subject to administrative convenience of the Bank.
Any absence beyond the above period may be treated as leave without pay.
Travelling & Halting Allowances: The contract appointees will be entitled to TA / HA as admissible to the officers in the Bank of an equivalent grade for official tour undertaken by them outside the headquarters.
Residential Accommodation: During the period of contract appointment, Bank will not provide any residential accommodation to the contract appointees.
Conduct, Discipline, and Appeal: During the period of contract appointment, the contract appointees will be governed by the ‘Code of Conduct’
Sodexo Coupons: During the period of contract appointment, the contract appointees, subject to their willingness, may be provided Sodexo Coupons for availing the Lounge facilities, at full cost.
Mobile Phone facility: During the period of their contract appointment, Mobile Phone facility may be provided to the contract appointees depending on the tenure and nature of their assignment. However, they will be provided with a handset only once during the entire period of their contract including extensions, if any. The cost of mobile handset and reimbursement of call charges would be corresponding to the grade in which they are appointed.
Superannuation Benefits: The contract appointees will not be eligible for superannuation benefits.
Placement: The Bank reserves the right to post the candidates at any center within India.
Dispensary: The contract appointees will be eligible for a facility of the Dispensary at the office.
RBI Grade C Officer - Application Fee
Sr. No. | Category | Charges | Amount* |
1. | SC/ST/PwBD | Intimation Charges only | Rs.100/- |
2. | GEN/OBC | Application fee including intimation charges | Rs.600/- |
3. | STAFF@ | Nil | Nil |
*Bank/Transaction charges are to be borne by the candidate.
RBI Grade C Officer - Scheme of Selection
Selection for the posts will be through preliminary screening / shortlisting followed by the interview.