RBI Recruitment

Qualification

Doctorate degree (PhD) on topics of Statistics, Econometrics, Computer Science, Mathematics, Mathematical Statistics, Data Science and Big Data, Finance or Economics from an Indian University recognized by Government bodies/ AICTE or a similar Foreign University /Institute.

Pay
Scale

The current monthly pay scale of officer in Grade F is as under: ` 101900-3000(4)-113900 (5 years). Pay will be initially fixed at the minimum of pay scale.

Age
Limit

Age of the candidate should not be more than 57 years.

Desirable
Qualifications

Full-time diploma in the area of Data Science, Data Analytics or Data Statistics from an Indian University recognized by Government bodies / AICTE or a similar Foreign University / Institute.

Experience
Requirements

At least fifteen years of experience in the area of Data Analytics, Data Science or Statistics/ Econometrics in commercial banks/ large financial companies / financial services organizations / large IT services companies with financial domain including five years of managerial or supervisory experience as Director or fifteen years of experience in Academics and Research in a reputed University in the areas of Finance, Banking or Monetary Policy which may inter-alia include:  Experience in integrating a variety of data sources, methods and applications.  Experience in implementing a range of statistical or machine learning methods from basic descriptive statistics, hypothesis testing and feature transformation to complex dimension reduction, supervised or unsupervised learning, and model turning and validation.  Proficiency in python or R, SQL and distributed computing systems such as Hadoop and related tools.  Experience of various statistical and forecasting methodologies such as regression analysis (linear and non-linear), cluster analysis, CHAID, time series, survival models  Experience in using data visualization tools (Qlik and Tableau).

Job
Responsibilities

i) Building and leading a Data Sciences team with an optimal mix of individuals which may include data analysts, statisticians, econometricians, mathematicians, business analysts, data engineers, data scientists, data visualizers, finance and economics graduates, etc. with varied skill sets as well as officers from the Bank with experience in the area of regulation and supervision, financial markets and financial stability, monetary policy and research etc. ii) Installing and managing a robust data infrastructure to support the Data Sciences Lab. iii) Data Management and Validation : Handle both structured and unstructured data using Hadoop or similar technologies; identify relevant and available data from internal and external sources; join, explore and examine data from multiple disparate sources and formats; integrate and process data with distributed systems; process large volumes of unstructured or formless data and bring it into a form in which it can be analyzed and deal with data imperfections such as missing values, outliers, inconsistent formatting, etc.; design and manage data quality and validation using automation and best practices. iv) Using the latest techniques in Big Data, Machine Learning and related fields, and exploiting novel datasets, to answer questions of importance in, inter alia, macroeconomic, finance, banking and related topics of interest to Reserve Bank. v) Use of data analytical tools with the support of statistical theories and techniques commonly used in forecasting and optimization models and provide inputs to the Top Management / departments for decision making related to policy formulation. vi) To employ relevant data and apply the right filters for improving forecasting, nowcasting, surveillance and early-warning detection abilities in the Bank so as to aid policy formulation in critical areas such as inflation management, currency management, debt management, reserves management, banking regulation and supervision, financial inclusion, financial market intelligence and analysis, and overall financial stability. vii) Develop innovative and progressive analytics strategies and tools to provide solutions to specific analytic problems and support specific research objectives as per requirement and need of Top Management. viii) Liaising with various departments at the Reserve Bank to understand their specific research interests and questions that are appropriate for Data Sciences Lab, provide solutions and answers in a partnership with these departments, and disseminate research findings when of public interest.

How to
Apply For
RBI
vacancy :

I. The candidates applying for the post must submit the following: (a) An Application (as per Annex 2) (b) A write up (500 words, Font: Arial 12) on his / her vision to set up the Data Science Lab in Reserve Bank of India. (c) A brief statement justifying his / her suitability for the leadership position, which may cover specific examples from own work experience / contributions given the stated broad duties assigned to the position. (d) Proof of age (copy of passing Secondary/High School/10th standard Certificate or Higher Secondary School /12th Standard Certificate mentioning the DoB). (e) Copy of Degree, Diploma, Certificates along with Mark sheets in respect of qualifications acquired. (f) Appropriate document(s) in support of experience. (g) PwBD candidates should possess a latest disability certificate issued by a Competent Authority as prescribed vide The Rights of Persons with Disabilities Act, 2016 (RPWD Act, 2016). II. The filled in application and all other documents should be sent by post /courier to The General Manager, Reserve Bank of India Services Board, 3rd Floor, RBI Building, Opp. Mumbai Central Railway Station (East), Byculla, Mumbai - 400008 in the prescribed format. The cover containing the application should be super scribed as i.e. ‘APPLICATION FOR THE POST OF DIRECTOR IN GRADE ‘F’ IN THE DATA SCIENCES LAB-2019. III. Also a scanned copy of the application duly signed (as per Annex 2) must be mailed. The Post / Courier AND email copy of the application must reach on or before 17:00hrs (IST) on May 24, 2019. IV. Please Note to affix your latest Photograph on the application and sign across it

General
Instructions

I. Candidate should apply strictly as per format in Annex 2. II. Candidates should enclose self-attested copies of the relevant certificate/s (in support of age, educational qualification) and appropriate documents in support of the experience, with the application. Their candidature will be considered on the strength of the information declared in the application and the copies of certificates/ documents submitted therewith. If at any stage it is found that any information furnished in the application is false/incorrect or if according to the Board, the candidate does not satisfy the eligibility criteria, his/her candidature/appointment is liable to be cancelled/terminated. III. Candidates called for interview, will be reimbursed to and fro actual Economy Class air fare by the shortest route from the place of their residence/place of work to the place of interview whichever is nearer. IV. Canvassing in any form will lead to immediate disqualification. V. In all matters regarding eligibility, conduct of 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.

Jobs
Category

Staffing

Job Posted
on

18/05/2019

Job
Type

CONTRACTOR

Job
Deatils:

Minimum
Salary

Please check with the concern authority or website

Qualification

The applicant should at a minimum, possess MBBS degree of any recognized university in the Allopathic system of medicine recognized by the Medical Council of India. 2. The applicant should have minimum two years’ experience in practicing medicine in any hospital or clinic as a medical practitioner. 3. The applicant should have his/her dispensary or place of residence within a radius of 3-5 kms from the Bank’s dispensaries at the aforementioned location. 4. The remuneration of Bank’s Medical Consultant on contract basis will be fixed with reference to the actual duty hours performed and will be all inclusive. 5. The contract for engagement will be for a period of 03 (three) years. There will not be any renewal for engagement on completion of the period of contract

Pay
Scale

850/- per hour for the entire period of contract i.e., three years. b. Out of the total monthly remuneration so payable, a sum of 1000/- per month shall be treated as conveyance expenses.

How to
Apply For
Reserve Bank of India (RBI)
vacancy :

Eligible Candidates Reserve Bank of India Officers’ Quarters, G.S.Road, Guwahati and Reserve Bank of India Staff Quarters, Zoo Narengi Road, Guwahati. The application from eligible candidates should reach The Regional Director, Reserve Bank of India, Station Road, Panbazar, Guwahati – 781001 on or before May 15, 2019.

General
Instructions

The contract to be entered into with the Bank will be valid for a period of 3 years from the date of coming into force of the contract. 2. It will be the duty of the BMC to attend to the dispensaries during the duty hours as mentioned above (or for longer period as may be decided by the Bank) excluding Bank holidays except days declared as holidays for the purposes of half-yearly closing and annual closing subject to the condition that the dispensary will not be kept closed for two successive days. The Bank may use the services of the BMC beyond the duty hours as mentioned above, depending on the necessity. 3. It will be the duty of the BMC to give advice free of charge, prescribe medicines and administer injections free of charge to the members of the staff including touring staff of the Bank, the members of their families including dependent parents and retired employee members/their spouses who are members of the Medical Assistance Fund Scheme, who present themselves during prescribed time (the timings and/or duration may be changed as and when considered necessary by the Bank). It will be the duty of the BMC to be available for consultation at his/ her private clinic in urgent cases in respect of employees of the Bank at any time with charges at the rate prescribed in the schedule of the Bank. The schedule of charges applicable to the Staff/Officers of the Bank would be made available by the Bank to the BMC on request. 4. It will be the duty of the BMC to provide the facilities referred to in paragraph (3) above to the relatives of the employees who have been permitted to reside with them in the Officers’/Staff Quarters and the BMC will facilitate recovery of charges from the concerned employees for credit to the Bank’s account at the rates prescribed by the Bank from time to time. 5. It will be the duty of the BMC to perform duties similar to those of a General Medical Practitioner irrespective of whatever qualifications (post-graduate or other medical qualifications) are possessed/may be acquired in future by him. It will be the duty of the BMC to ensure that the qualifications that are held or acquired in future by him/her do not restrict him/her in any manner from rendering the services required of a General Medical Practitioner. If as per any stipulation of the Indian Medical Association, the qualifications that are held or acquired by the BMC, as the case may be, come into conflict with the Bank's requirements as indicated above, to work as a general practitioner, the BMC will be required to ensure that no liability or responsibility on this account devolves on the Bank under any circumstances and the BMC shall indemnify and keep indemnified the Bank at all times against the same. The liabilities of the BMC will be that of an independent contractor and not that of an agent of the Bank. 6. The duties of the BMC at the dispensaries of RBI Officers’/Staff Quarters apart from other requirements as mentioned above will also include: i. Treatment of minor and major illness for which the employees and their dependents may call on him/her. ii. Treatment of emergency cases brought to the dispensaries or in the Bank’s premises or outside the Bank’s premises and reference to appropriate Hospitals, whenever called upon to attend, even when such necessity arises outside normal working hours. iii. Administration of all types of injections with the responsibility for any untoward reaction if it occurs. As a rule, administration of injections by the Pharmacists in the absence of BMC is to be discouraged. To train the Pharmacists to administer routine and simple type of injections when the workload on BMC is heavy. iv. The important dressings and minor surgeries are to be handled only by the BMC. However, if the BMC is convinced that the Pharmacists have the requisite competence, routine dressings may be handled by them. 7. The BMC is required to visit any member of the Bank’s Staff staying in the Quarters whenever required to do so by the Bank and submit a report on his health. For such visits, a visit fee will be paid as per the schedule of rates fixed by the Bank. 8. The BMC is required to issue certificate in support of leave on medical grounds wherever necessary and countersign the certificates produced by the employees from other qualified medical practitioners, after satisfying about the genuineness of the case. 9. The BMC is required to attend the officers/Staff and members of their family at their residence when required by them and will be entitled to charge them a visit fee or consultation fee, as fixed by the Bank having regard to the local conditions. The visit fee/consultation fee, so fixed, will be inclusive of charges for administration of injections, etc. No other charges should be levied by BMC for such visits. 10.If and when required to do so, the BMC is required to certify in such form as may be prescribed by the Bank from time to time as to the state of health and/or fitness for service of any employee or any prospective employee who may be selected for appointment at any Office of the Bank.

Jobs
Category

Health Care

Job Posted
on

18/05/2019

Job
Type

CONTRACTOR

Job
Deatils: