RBI

Qualification in Details:

1. Minimum: 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.

2. Desirable: 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.

3. Experience (As on 01/05/2019): 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: 
a. Experience in integrating a variety of data sources, methods and applications. 
b. 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. 
c. Proficiency in python or R, SQL and distributed computing systems such as Hadoop and related tools. 
d. Experience of various statistical and forecasting methodologies such as regression analysis (linear and non-linear), cluster analysis, CHAID, time series, survival models 
e. Experience in using data visualization tools (Qlik and Tableau). Staff candidates with the prescribed qualification currently working as Chief General Manager are eligible to apply. General Managers with the prescribed qualification and three years of experience in the grade are also eligible to apply. The selected candidate (including staff candidate) would have to submit a discharge /unconditional relieving letter from the present employer at the time of appointment in RBI. Candidates who had already applied in response to our advertisement no. 1A / 2018-19 and 3B/ 2018-19 dated July 13, 2018 and September 19, 2018, respectively for the above position can apply again.

4. Period : Candidates will have the option to choose between Regular Appointment (on permanent basis) on Pay scales of the Bank or on Contract Appointment on Cost to Company (CTC) basis.

5.  Pay Scales :
i) 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.
ii) The selected candidate will be eligible for all the perquisites as available to the post of officer in Grade F.
iii) The selected candidate will be eligible for superannuation benefits as per applicable rules.
iv) The candidate will be governed by RBI Staff Regulations, 1948.
v) Initial appointment will be on probation for a period of one year. At Bank’s discretion, the probationary period may be extended by one year, if necessary.

6. Place of posting: Mumbai. The Bank reserves the right to change the place of posting.