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Friday, March 27, 2020

RBI Recruitment 2020(Out) – Apply Online!!!

RBI Recruitment 2020(Out) – Apply Online!!!

Recruitment 2020 has released. Reserve Bank of India has released the notification for the 39 posts of Consultants/ Specialists/ Analyst- on contract basis. Before applying, candidates should ensure that they fulfill the eligibility criteria for the advertised posts. The Reserve Bank of India Services Board, hereinafter referred to as ‘Board’ would admit applications from all the candidates applying for these post with the requisite fee/intimation charges (wherever applicable) on the basis of the information furnished in the ONLINE application and shall determine their eligibility only at the interview stage. If at that stage, it is found that any information furnished in the ONLINE application is false/ incorrect or if according to the Board, the candidate does not satisfy the eligibility criteria for the post, his/ her candidature will be cancelled and he/she will not be allowed to appear for interview and can be removed from service without notice, if he/she has already joined the Bank. Candidates are required to apply only Online through the Bank’s website www.rbi.org.in. No other mode for submission of application is available.

RBI Recruitment 2020 Details:

Name of the OrganizationReserve Bank of India
Name of the PostConsultants/ Specialists/ Analyst
Total Vacancy39
Notification Date27-03-2020
Application Starting Date09-04-2020
Last Date to Apply29-04-2020
StatusNotification Released
Age Limit for Consultants/ Specialists/ Analyst:
Sr. No.
Area/ PositionName of the Post
Age Limit
1Applied MathematicsConsultant – Applied MathematicsA candidate must have attained the age of 30 years and must not be above the age of 40 years as on the 1st of March 2020 i.e., he/she must have been born not earlier than 1st March 1980 and not later than 1st March 1990.
2Applied EconometricsConsultant – Applied Econometrics
3Macro Economics ModelingEconomist -Macroeconomic Modeling
4Data AnalyticsData Analyst / MPD
5Data AnalyticsData Analyst / (DoS-DNBS)
6Data AnalyticsData Analyst / (DoR-DBR)
7Risk AnalystRisk Analyst / (DoS- DNBS)
8Risk ManagementRisk Analyst / (DEIO)
9Information System (IS) AuditIS Auditor
10Specialist in Forensic AuditSpecialist in Forensic Audit
11Chartered AccountantAccounts Specialist
12Mainframe System Administrator/ Virtualised Environment Administrator/ Database AdministratorSystem AdministratorA candidate must have attained the age of 25 years and must not be above the age of 35 years as on the 1st of March 2020 i.e., he/she must have been born not earlier than 1st March 1985 and not later than 1st March 1995.
13Application/ Middleware experts- Application Middleware Administrator for IBM MQ/ ORACLE Web Logic/ JBoss/ WASProject Administrator
14Network ExpertsNetwork Administrator
Qualifications for Consultants/ Specialists/ Analyst:
  • Post Graduate Degree in Mathematics I Applied Mathematics from a recognized Indian University / Institute or Foreign University / Institute.
  • Doctorate Degree (PhD) in the areas of Mathematics / Applied Mathematics from a recognized Indian University / Institute or Foreign University / Institute.
  • Post Graduate Degree in Applied Econometrics I Statistics/ Economics from a recognized Indian University I Institute or Foreign University / Institute.
  • Post Graduate Degree in Economics I Economic Modeling I Macroeconomics I Econometrics I Development Macroeconomics/ Applied Statistics from a recognized Indian University I Institute or Foreign University / Institute.
  • Doctorate Degree (PhD) in the areas of Economics I Economic Modeling I Macroeconomics I Econometrics I Development Macroeconomics I Applied Statistics from a recognized Indian University I Institute or Foreign University / Institute.
  • E/ B.Tech in Computer Science from an Indian University /Institute recognized by Government bodies/ AICTE or a similar Foreign University /Institute.
  • Five years of experience in the area of Data Analytics, Data Science or Statistics/ Econometrics in commercial banks / financial companies / financial service.
  • Three years of experience in advanced econometric methods and ability to handle, process and analyze large time series datasets using packages such as Matlab , R, Eviews and familiarity with data and research of global bodies such as OECD, BIS, IMF and World Bank.
  • Three years of working experience in the areas of Applied Econometrics I Statistics I Economics, preferably in Banking I Financial Sector or experience in Academics and Research with a University.
  • Diploma in the area of Data Science, Data Analytics or Data Statistics psychology.
  • Five years of experience in the area of Data Analytics, Data Science or Statistics/ Econometrics in commercial banks / financial companies / financial services organizations / IT services companies with financial domain.
  • FRM (GARP), PRM (PRMIA).
  • Professional certifications like CISA, CISSP, CISM, CEH.
  • Certification in Forensic Accounting and Fraud Detection.
  • CFA(USA)/ CS /IFRS Certificate.
  • VCP, OCP, IBM z/Series Professional certification for respective positions.
  • Selection Process for Consultants/ Specialists/ Analyst:

    Selection for the aforementioned posts will be through preliminary screening / short listing by a Screening Committee followed by interview. RBI Services Board reserves the right to limit the number of candidates commensurate with the number of vacancies called for Interview by enhancing the minimum educational qualifications/minimum work experience requirement as indicated above or through any other appropriate method. Candidates shortlisted for Interview will be issued Interview Call letter through email and their candidature will be subject to submission and verification of documents submitted in support of their claim with regard to eligibility for age, category, qualification, experience, etc.. It may be noted that, the work experience certificate is required to be produced in format prescribed in following link. In the absence of prescribed work experience certificate, their candidature is liable to be rejected.

    Application Fee Details:

    Sr. No.CategoryChargesAmount
    1SC /ST / PwBD-SC / PwBD-ST IIntimation Charges onlyRs.100/-
    2GEN/OBC/PwBD-Gen/OBCApplication fee including intimation chargesRs.600/-
    3STAFF@NilNil
    General Instructions for Candidates:
    • Correspondence with the Board: The Board will not enter into any correspondence with the candidates about their candidature except in the following cases.
    • The shortlisted candidates shall be issued an Interview Call Letter through email in advance before the commencement of the Interview.
    • 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 other reason beyond the control of the Board.
    • Candidates are advised to keep their e-mail ID/mobile number alive for receiving Interview letters, etc. Candidates may check e-mails/SMS regularly. The Board does not send any communication through any other mode
    • The posts are also open to the employees of RBI (Staff Candidates) who satisfy the eligibility criteria separately stipulated by the Bank vide their circular CO. HRMD.No. G-75/ 5599/ 05.01.01/ 2013-2014 dated December 20, 2013 and who apply Online within the closing date. Their status as staff candidate will be verified at the time of interview.
    • 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.
    • A candidate will be eligible to get the benefit of community reservation only in case the particular caste to which the candidates belong is included in the list of reserved communities issued by the Central Government. If a candidate indicates in his/her application form that he/she belongs to General category but subsequently writes to the Board to change his/her category to a reserved one or vice-versa, such request shall not be entertained by the Board. Similar principle will be followed for PwBD categories also. In case of a candidate unfortunately becoming physically disabled during the course of the examination process, the candidate should produce valid document showing him/her acquiring a disability to the extent of 40% or more as defined under RPWD Act, 2016 to enable him/her to get the benefits of PwBD reservation

    How to Apply for RBI Recruitment 2020:

    • Candidates have to apply only online through the Bank’s website i.e. www.rbi.org.in from 09.04.2020 to 29.04.2020. No other means/mode of applications will be accepted.
    • Before applying online, candidates should,
    • scan their: photograph (4.5cm × 3.5cm), signature.
    • Keep the necessary details/documents ready to make online payment of the requisite application fee/intimation charges. The candidate is required to keep details about bio-data/necessary details ready to enable him/her to fill up the application form correctly and to make online payment of fees/intimation charges. The name of the candidate or his/her father/mother/husband, etc. should be spelt correctly in the application as it appears in the photo identity proof/ certificates/mark sheets.
    • Candidates should have a valid E-mail ID which should be kept active till the declaration of final result. This is essential for him/her in getting communication/interview advice, etc. by E-mail. The Board does not send any communication by any mode other than E-mail /SMS. No change in E-mail ID will be entertained during the entire process of the recruitment.
    • Candidates satisfying the conditions of eligibility as on March 1, 2020 are first required to visit the URL “Lateral Recruitment of Consultants/ Specialists/ Analyst – (On Contract Basis)” on Bank’s website i.e. www.rbi.org.in> Opportunities @RBI >Current Vacancies > Vacancies and click on the hyperlink “Online Application Form” in the Advertisement page for filling the ‘Online Application’. It redirects the candidates to the online registration page.
    • Candidates will have to enter their basic details and upload the photograph and signature in the online application form as per the specifications given.
    • To register application, choose the tab “Click here for New Registration” and enter Name, Contact details and Email-id. A Provisional Registration Number and Password will be generated by the system and displayed on the screen. Candidate should note down the Provisional Registration Number and Password. An Email & SMS indicating the Provisional Registration number and Password will also be sent.
    • In case the face in the photograph or signature is unclear / smudged the candidate’s, application may be rejected.
    • After uploading the Photograph / signature in the online application form candidates should check that the images are clear and have been uploaded correctly. In case the photograph or signature is not prominently visible, the candidate may edit his/ her application and reupload his/ her photograph or signature, prior to submitting the form.
    • After registering online candidates are advised to take a printout of their system generated online application forms.

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