RBI Recruitment 2020 : For Consultant / Data Analyst

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RBI Recruitment 2020

RBI Recruitment 2020: Online Application for 39 Consultant, Data Analyst, and Other Vacancies in Mumbai!! The Reserve Bank of India has released its RBI Notification to recruit candidates for various posts. The posts available are Consultant, Data Analyst, and Other. There is 39 RBI Vacancy that needs to be filled at the moment. Interested and eligible candidates are invited to apply online for these posts through the RBI Apply Online link below. Aspirants can read the notification and start to apply online from 03rd August 2020. The last date to apply for RBI Recruitment is 22nd August 2020. Selected candidates will be placed in the Mumbai Branch of the Reserve Bank of India.
Reserve Bank of India Recruitment 2020-21
Interested candidates can find all the RBI Job details below. Read the details carefully to check if you are eligible. You can also refer to the RBI Notification for more information. Once you have confirmed your eligibility for these RBI Posts, you can proceed to apply online. Click on the RBI Online application link given below to start applying. Follow the instructions given to apply. If you want to know more about the Reserve Bank of India, click on the official website link given in the table below or visit

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Details of RBI Vacancy 2020-21 :

Name of the Post and Number of Posts

 Consultant – Applied Mathematics
3

Consultants – Applied Econometrics
3

 Economist – Macroeconomic Modelling
1

Data Analyst/ MPD
1

Data Analyst/ (DoS – DNBS)
2

Data Analyst/ (DoR – DBR)
2

Risk Analyst/ (DoS – DNBS)
1

 Risk Analyst/ (DEIO)
2

IS Auditor
2

Specialist in Forensic Audit
1

 Accounts Specialist
1

System Administrator
9

Project Administrator
5

Network Administrator
6

Total
39

Eligibility Criteria for Reserve Bank of India Recruitment 2020 :Academic Qualification:

Name of the Post  and Education Qualification

 Consultant – Applied Mathematics
PG Degree in Mathematics/ Applied Mathematics 3 Years working experience in Mathematics/ Applied Mathematics/ Banking/ Financial Sector or Experience in Academics and Research with a University

Consultants – Applied Econometrics
PG Degree in Applied Econometrics/ Statistics/ Economics 3 Years working experience in areas of Applied Econometrics/ Statistics/ Economics/ Banking/ Financial Sector or Experience in Academics and Research with a University

 
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 Economist – Macroeconomic Modelling
Post Graduate Degree in Economics/ Economic Modelling/ Macroeconomics/ Econometrics/ Development Macroeconomics/ Applied Statistics 3 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

Data Analyst/ MPD
PG Degree in Statistics/ Econometrics/ Mathematics/ Mathematical Statistics/ Finance/ Economics/ Computer Science or BE/ BTech in Computer Science 5 Years of experience in the area of Data Analytics, Data Science or Statistics/ Econometrics in commercial banks/ financial companies/ financial services organization/ IT services companies

Data Analyst/ (DoS – DNBS)
Post Graduate Degree in Statistics/ Econometrics/ Mathematics/ Mathematical Statistics/ Finance/ Economics/ Computer Science or BE/ BTech in computer science 5 Years experience in the area of Data Analytics, Data Science or Statistics/ Econometrics in commercial banks/ financial companies/ financial services organization/ IT services companies

Data Analyst/ (DoR – DBR)
Post Graduate Degree in Statistics/ Econometrics/ Mathematics/ Mathematical Statistics/ Finance/ Economics/ Computer Science or BE/ BTech in computer science 5 Years experience in the area of Data Analytics, Data Science or Statistics/ Econometrics in commercial banks/ financial companies/ financial services organization/ IT services companies

Risk Analyst/ (DoS – DNBS)
Post Graduate Degree in Statistics/ Applied Statistics/ Economics/ Finance/ Management 5 Years of experience in risk modeling in areas of credit/ market/ liquidity risk in a scheduled commercial bank or systemically important NBFC or in a rating agency

 Risk Analyst/ (DEIO)
Post Graduate Degree in Statistics/ Applied Statistics/ Economics/ Finance/ Management 5 Years of experience in commercial banks/ financial companies/ financial services organizations with 2 years experience in the area of Treasury Operations, Credit Risk

IS Auditor
BE/ BTech/ MTech in Computer Science/ IT/ Electricals and Electronics or MCA with specialization in Information Security/ IT Risk Management/ Information Assurance/ Cyber Security and Digital Threat Management 5 Years of experience in information security in commercial banks/ financial companies/ financial services organization/ IT services companies/ Telecom companies

 
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Specialist in Forensic Audit

CA/ ICWA/ MBA (Finance)/ PGDM
5 Years of specialized work experience in the area of the forensic audit and being part of the forensic audit team in state or central government undertaking or department

 Accounts Specialist
CA/ ICWA
5 Years of experience in commercial banks/ financial companies/ financial services organizations with two years of experience in the area of treasury operations, credit risk

System Administrator
BE/ BTech/ MTech in Computer Science/ IT/ Electricals and Electronics or MCA 5 Years of experience (including probation/ training) in areas of implementation, configuration, operations and maintenance of Mainframe (z/OS)/ Virtualisation Management Software/ ORACLE/ DB2 in commercial banks/ financial companies/ financial services organizations/ IT companies

Project Administrator
BE/ BTech/ MTech in Computer Science/ IT/ Electricals and Electronics or MCA 5 Years experience (including probation/ training) in computer engineering, coding, interface establishment, script application, storage management, multiple operating systems (example, Windows, Unix, and Linux) and RDBMS systems, project management through all phases of project life cycle knowledge of FISMA and respective security controls in commercial banks/ financial companies/ financial services organizations/ IT companies

Network Administrator
BE/ BTech/ MTech in Computer Science/ IT/ Electricals and Electronics or MCA 5 Years of experience (including probation/ training) in IT Sector in handling large network and adequate knowledge of routing and switching protocol in commercial banks/ financial companies/ financial services organizations/ IT companies

 
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Age Limit:

Consultant – Applied Mathematics
Minimum Age – 30 Years
Maximum Age – 40 Years

Consultants – Applied Econometrics
Minimum Age – 30 Years
Maximum Age – 40 Years

 Economist – Macroeconomic Modelling
Minimum Age – 30 Years
Maximum Age – 40 Years

Data Analyst/ MPD
Minimum Age – 30 Years
Maximum Age – 40 Years

Data Analyst/ (DoS – DNBS)
Minimum Age – 30 Years
Maximum Age – 40 Years

Data Analyst/ (DoR – DBR)
Minimum Age – 30 Years
Maximum Age – 40 Years

Risk Analyst/ (DoS – DNBS)
Minimum Age – 30 Years
Maximum Age – 40 Years

 Risk Analyst/ (DEIO)
Minimum Age – 30 Years
Maximum Age – 40 Years

IS Auditor
Minimum Age – 30 Years
Maximum Age – 40 Years

Specialist in Forensic Audit
Minimum Age – 30 Years
Maximum Age – 40 Years

 Accounts Specialist
Minimum Age – 30 Years
Maximum Age – 40 Years

System Administrator
Minimum Age – 25 Years
Maximum Age – 35 Years

Project Administrator
Minimum Age – 25 Years
Maximum Age – 35 Years

Network Administrator
Minimum Age – 25 Years
Maximum Age – 35 Years

Selection Process:

Written Test
Interview
Document Verification

Pay Scale for RBI Recruitment 2020:

Refer to the official website for details on the pay scale for RBI Jobs

RBI Online Application Fee:

General Candidates – Rs. 600/-
SC/ ST Candidates – Rs. 100/-

 
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How to apply for RBI Recruitment 2020?

Open the notification from the link given below
Read all the details carefully and check if you are eligible for the posts
If eligible, click on the online application link
Fill in all the details asked for
Attach documents that are required
Pay the application fee as necessary
Submit the application form before the last date and take a print out for reference

Important Dates for RBI Recruitment 2020-21:

Starting Date to Apply
03rd August 2020

Last Date to Apply
22nd August 2020

About Reserve Bank of India (RBI)
The Reserve Bank of India was established on April 1, 1935, under the provisions of the Reserve Bank of India Act of 1934. The central office of the reserve bank was established in Calcutta but was definitively transferred to Mumbai in 1937. The central office is the seat of the governor and politicians. Although it is privately owned since the nationalization in 1949, the Reserve Bank is wholly owned by the Government of India. The Reserve Bank of India performs this function under the direction of the Board for Financial Supervision (BFS). The Board of Directors was formed in November 1994 as a committee of the Central Board of the Reserve Bank of India.
The specific characteristics of the Indian economy, including its socioeconomic characteristics, force the Reserve Bank to operate with multiple objectives. The regulation, supervision and development of the financial system remain within the legitimate framework of monetary policy widely interpreted in India. The role of communication policy is, therefore, to articulate the hierarchy of objectives in a given context in a transparent manner, emphasizing a consultative approach, as well as the autonomy of political operations and harmony with other elements of macroeconomic policies.
Objectives of RBI:
The Reserve Bank of India Law of 1934 establishes the objectives of the Reserve Bank:
“Regulate the issuance of banknotes and the preservation of reserves to guarantee monetary stability in India and, in general, exploiting the country’s monetary and credit system to its benefit, having a modern monetary policy framework to face the challenge of an increasingly complex economy, to maintain price stability considering the growth objective. ” The formulation, framework and institutional architecture of monetary policy in India have evolved around these objectives: maintaining price stability, ensuring an adequate flow of credit to support growth dynamics and guarantee financial stability. The responsibility to ensure financial stability has involved the acquisition of extended powers and operational objectives of the Reserve Bank for the regulation and supervision of the financial system and its components, the money, debt and equity segments.
Exchange of financial markets and settlement system. The Reserve Bank has worked to build a solid, efficient and diversified financial system to anchor financial stability and facilitate the effective transmission of monetary policy. Besides, the Reserve Bank pursues operational objectives as part of its main function of issuing banknotes and currency management, as well as representation functions, such as the management of bank accounts (government/centre) and the management of public debt; Banker of the banking system, including the regulation of bank reserves and the lender of last resort.

 
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Overview of RBI Jobs 2020

Name of the Organization :Reserve Bank of India (RBI)

Number of Vacancies :39

Name of Post :Consultant, Data Analyst, and Other

Starting date of application :03rd August 2020

Closing date of application :22nd August 2020

Job Category : Bank Jobs

Job Location :Mumbai

Application process :Online Application

To apply for this job please visit opportunities.rbi.org.in.

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