RBI invites application for RBI lateral recruitment of consultant subject specialist analysts on contract basis.
This vacancy at RBI is for those individuals expert who are associated with the IT, software, corporate, finance, banking, legal, statistics, and data analyst fields.
If you also want to join India’s central bank and have a desire for your future, you can apply for this vacancy.
Let’s explore the various types of positions, eligibility criteria, and the selection process for the vacancy at the Reserve Bank of India (RBI).
Table of Contents
RBI lateral recruitment of consultant subject specialist analysts Notification
RBI is Reserve Bank of India, it is the central bank of India established in year 1935. RBI is responsible to manage banking and financial service in India. It is a dream of many students to work for the country’s central bank. Hence RBI gives an opportunity every year to candidates to join rbi for different positions. And become a part of the country’s economy and financial development.
To determine your eligibility, you need to review the official job notification or advertisement released by the RBI for the specific vacancy you are interested in. This notification will provide detailed information regarding the educational qualifications, work experience, age limit, and any other specific requirements.
Check other details related to this recruitment carefully before applying online.
Detail about RBI notification 2023:
Organization | RBI (Reserve Bank Of India) |
Post Name | consultant subject specialist analysts |
Adv. No. | Advt. No. 5A/2023-24 |
Salary | Grade C-₹36.96 lakh to ₹45.84 lakh p.a. Grade D-₹51.60 lakh to ₹57.24 lakh p.a. |
Total Posts | 66 |
Online Apply Date | 21 June 2023 to 11 July 2023 |
Application Fees | GEN/OBC/EWSs-₹ 600+ 18%GST SC/ST/PwBD-₹ 100 + 18%GST |
Selection Process | Shortlisted screening & Interview |
RBI lateral recruitment post details
There are different post for RBI lateral recruitment of consultant subject specialist analysts
Area/Position | Name of the Post | Equivalent Grade | Number of Vacancy |
Data Analytics | Data Scientists | Grade ‘C’ | 3 |
Data Analytics | Data Engineer | Grade ‘C’ | 1 |
IT Security Administration | IT Security Expert | Grade ‘C’ | 10 |
IT System Administration | IT System Administrator Deptt. of IT | Grade ‘C’ | 8 |
IT Project Administration | IT Project Administrator- Deptt. of IT | Grade ‘C’ | 6 |
Mainframe System Administration/ Virtualised Environment Administration/ Database Administration | Network Administrator | Grade ‘C’ | 3 |
Expert in Dynamic Stochastic General Equilibrium (DSGE) Modelling | Economist (Macroeconomic modelling) | Grade ‘C’ | 1 |
Applied Mathematics | Data Analyst (Applied Mathematics) | Grade ‘C’ | 1 |
Applied Econometrics | Data Analyst (Applied Econometrics) | Grade ‘C’ | 2 |
Area of Theoretical Agent-Based Models | Data Analyst (TABM/HANK Models) | Grade ‘C’ | 2 |
Credit Risk Analytics | Analyst (Credit Risk) | Grade ‘C’ | 1 |
Market Risk Analytics | Analyst (Market Risk) | Grade ‘C’ | 1 |
Liquidity Risk Analytics | Analyst (Liquidity Risk) | Grade ‘C’ | 1 |
Credit Risk Analytics | Sr. Analyst (Credit Risk) | Grade ‘D’ | 1 |
Market Risk Analytics | Sr. Analyst (Market Risk) | Grade ‘D’ | 1 |
Liquidity Risk Analytics | Sr. Analyst (Liquidity Risk) | Grade ‘D’ | 1 |
Stress Testing | Analyst (Stress Testing) | Grade ‘C’ | 2 |
Forex and Trade Finance | Analyst (Forex & Trade) | Grade ‘C’ | 3 |
IT and Cyber Security Analytics | IT – Cyber Security Analyst | Grade ‘C’ | 8 |
Accounting Hub | Consultant – Accounting | Grade ‘C’ | 3 |
Integration between CBS and Govt. systems | IT Project Administrator Department of Government and Bank Accounts | Grade ‘C’ | 3 |
Taxation and Accounting Matters | Consultant – Accounting / TaxDICGC | Grade ‘C’ | 1 |
Bank Analyst | Business Analyst-DICGC | Grade ‘C’ | 1 |
Legal | Legal Consultant-DICGC | Grade ‘C’ | 1 |
IT Systems & Digital Payments | IT System Administrator DICGC | Grade ‘C’ | 1 |
Terms and Condition:
Type and Duration of Engagement: The engagement will be a full-time contract, initially spanning a duration of three years, with the possibility of extension up to a maximum of five years. Either party can terminate the contract by providing a notice period of one month. The performance of contract appointees will undergo annual reviews to determine the continuation of the engagement.
Compensation: The annual emoluments for the aforementioned contract appointments will include the cost of housing and will be as follows: –
Annual Compensation range*
Grade C – ₹36.96 lakh to ₹45.84 lakh p.a.
Grade D – ₹51.60 lakh to ₹57.24 lakh p.a.
Increased Annual Compensation: Candidates with higher academic or professional qualifications/experience may be eligible for a higher annual compensation, at the discretion of the Bank. The annual compensation mentioned above is subject to applicable taxes.
Leave Entitlement: Contract appointees will be granted leave at a rate of 30 days per calendar year. Leave will be calculated on a pro-rata basis for any fractional period.
Leave Policy: Contract appointees will be allowed to take leave based on the administrative convenience of the Bank. Unutilized leave at the end of the year cannot be carried forward. Holidays that fall within the period of absence will be counted as part of the leave. Any absence beyond the specified leave period may be considered as leave without pay.
Travelling & Halting Allowances
Residential Accommodation
Conduct, Discipline and Appeal
Sodexo Coupons
Mobile Phone facility
Superannuation Benefits
Dispensary
RBI lateral recruitment of consultant subject specialist analysts selection process
Selection Process: The selection process involves preliminary screening/shortlisting by a Screening Committee, followed by document verification and an interview. The RBI Services Board reserves the right to limit the number of candidates called for an interview based on the number of vacancies. This can be done by enhancing the minimum educational qualifications/work experience requirement or using any other suitable method. Meeting the minimum requirements for the post does not automatically guarantee an interview. The decision of the Board in this regard is final, and no correspondence will be entertained. Their candidature will be subject to the submission and verification of documents supporting their eligibility in terms of age, category, qualification, experience, etc.
Interview Call Letter: Candidates who are shortlisted for the interview will receive an Interview Call letter from the email address documentsrbisb@rbi.org.in.
Application Fees :
GEN/OBC/EWSs-₹ 600/- + 18%GST
SC/ST/PwBD₹ 100/- + 18%GST
Important Dates :
How to apply | Apply Online through official Site |
Apply Start Date | 21 June 2023 |
Apply Last Date | 11 July 2023 |
Important Links
Education Qualification & Experience :
For all the posts at the Reserve Bank of India (RBI), different education qualifications, experience requirements, and age criteria have been specified. The eligibility criteria may vary based on the nature and level of the position. Therefore, it is essential to refer to the specific job notification or advertisement for the vacancy you are interested in to know the exact requirements.
Download detail notification pdf click here
check official website click here https://opportunities.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=4277
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RBI lateral recruitment 2023 Frequently Asked Questions (FAQs)
What are the number of post in RBI lateral recruitment 2023 notification ?
There are a total of 66 vacanccies for different posts related to consultant subject specialist analysts.
what is last date to apply RBI lateral recruitment 2023?
starting date is 22 June to 11 July 2023.
For which posts rbi lateral recruitment 2023?
This vacancy at RBI is for those individuals expert who are associated with the IT, software, corporate, finance, banking, legal, statistics, and data analyst fields.
What is salary package in RBI lateral recruitment of consultant subject specialist analysts 2023?
The salary package for Grade C is 36 lakhs to 45 lakhs and for Grade D is 51 lakhs to 57 lakhs.
What is the contact duration in RBI lateral recruitment of consultant subject specialist analysts 2023?
The engagement will be a full-time contract, initially spanning a duration of three years, with the possibility of extension up to a maximum of five years.