Online Registration for Reserve Bank of India - Legal Consultant posts opens on
24th July 2017 and close on 11th August 2017.
Name of the Post
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No of Vacancies
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Age Limit (As on 01/07/2017)
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PhDs in Grade ‘B’ for Research Positions
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03
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Below 34 Years
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Director- Communication in Grade ‘E’
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01
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Between 40 and 50 Years
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Officer in Grade ‘B’- Communication
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01
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Between 26 and 35 Years
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Legal Consultant in Grade ‘F’ (Legal Adviser) on contract basis
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02
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Between 45 and 55 Years
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Legal Consultant in Grade ‘C’/’D’ (Assistant/Deputy Legal Adviser) on contract basis
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03
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Should not below 30 years and above 40 years
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Pay Scales / Remuneration:
PhDs in Grade ‘B’ for Research Positions -> Selected Candidates will draw a basic pay of ₹ 43,900/- p.m. (four advance increments to candidates in the basic pay) in the scale of ₹ 35150-1750(9) -50900-EB-1750(2) -54400-2000(4) -62400 applicable to Officers in Grade ‘B’. They will also be eligible for Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, Special Allowance, and Grade Allowance as per rules in force from time to time. At present, initial monthly Gross emoluments are approximately ₹ 81,628/-.
Director- Communication in Grade ‘E’ -> Selected Candidates will be eligible for a starting basic pay of Rs. 72,800/- p.m. in the scale of Rs. 72800-2250(1) -75050-2400(2) -79850-2500(3) -87350-3000(5) -102350 applicable to officer in Grade ‘E’ and he/she will also be eligible for Dearness Allowance, House Allowance, Special Allowance, Grade Allowance and Local Compensatory Allowance, as per rules in force from time to time. At present the gross monthly emoluments for the post are approximately Rs. 1,71,881/-.
Officer in Grade ‘B’- Communication -> The selected candidate will be eligible for a starting basic pay of Rs. 35,150/- p.m. in the scale of Rs. 35150-1750(9)-50900-EB-1750(2) -54400-2000(4) -62400 applicable to officer in Grade ‘B’ and he/ she will also be eligible for Dearness Allowance, House Allowance, Special Allowance, Grade Allowance and Local Compensatory Allowance, as per rules in force from time to time. At present the Gross monthly emoluments for the post are approximately Rs. 72,637/-
Legal Consultant in Grade ‘F’ (Legal Adviser) -> The compensation package (including market value of housing) will be equal to Cost-to Company(CTC) band equivalent to Grade ‘F’ Officers in the Bank as revised from time to time (Presently Rupees 53.43 lakh per annum subject to tax).
Legal Consultant in Grade ‘C’/’D’ (Assistant/Deputy Legal Adviser) -> The compensation package (including market value of housing) will be equal to Cost-to-Company (CTC) equivalent of Grade ‘C/D’ officers in the Bank as revised from time to time (presently 26.26 / 35.58 lakh per annum subject to tax).
Educational Qualification and Experience:
PhDs in Grade ‘B’ for Research Positions -> Ph.D. in areas of Economics or Finance from reputed universities (Indian or Foreign) is the minimum required educational qualification. The Bank will also look at those with interest and expertise in related areas in econometrics, computational and theoretical economics. High quality research potential and communication skills of international standards are essential.
Director – Communication -> Minimum Post Graduation with first class (equivalent to 60%) (preferably in Economics) and a Degree or Diploma in Journalism or Mass Communication or Public Relations of minimum one year duration conducted by reputed institutes, preferably affiliated to / recognized by a reputed University. Experience - Minimum 10 years’ experience in Journalism / Media preferably in economic / financial / reporting OR in public Relations preferably with banks, financial institutions, financial sector regulators. Good communication skills – oral and written, good management skills.
Officer in Grade ‘B’ -> Minimum Graduation with first class (Equivalent to 60%) (preferably in Economics) and a Degree or Diploma in Journalism or Mass Communication or Public Relations of minimum one year duration conducted by reputed institutes, preferably affiliated to / recognized by a reputed University. Experience - Minimum 3 years’ experience in Journalism / Media preferably in economic / financial reporting OR in Public Relations preferably with banks, financial institutions, financial sector regulators.
Legal Consultant (Grade ‘F’) -> 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 Post Graduate Degree in Law from a recognized university. Experience - At least 15 Years experience as an Advocate in a High Court / the Supreme Court 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 an associate partner etc. in a reputed Consultancy firm providing legal advice.
Legal Consultant (Grade C/D) -> 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. Post Graduate Degree in Law from a recognized university. Experience - At least 07 years experience as an Advocate in a High Court/the Supreme Court 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 an associate partner etc. in a reputed Consultancy firm providing legal advices.
Selection Process: The Selection will be through Interview Only.
Application Fee: Rs. 100/- (Intimation Charges Only) for SC / ST / PWD Candidates; Rs. 600/- (Application Fee with Intimation Charge) for General and OBC Category Candidates. No fee for Staff Candidates. The fee can be made through Online payment mode only.
How to Apply: Eligible Candidates are required to Apply Online through RBI Website. The Online Applications can be filled up to 11/08/2017 till 12:00 midnight.
Apply Online
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