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RBI Recruitment 2018 - Director Grade ‘F’ | Last Date : 03/10/2018

RBI Recruitment 2018
Last Date : 03/10/2018
The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. he Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated. Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.The Reserve Bank's affairs are governed by a central board of directors. The board is appointed by the Government of India in keeping with the Reserve Bank of India Act.
Name Of Post : Director in Grade ‘F’
No Of Post : 1 Post
Job Location: Mumbai, Maharashtra (For the proposed Data Sciences Lab)
Educational Qualifications/Experience: 
  • Full-time Masters Degree or Doctorate Degree (PhD) in 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. The Master’s degree should have been acquired with at least 55% marks
  • 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
  • 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 5 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)
  • 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
Pay Scale (Salary): Rs 101900-3000(4)-113900 (5 years)
Age Limit: Not exceeding 57 Years (For reserved category refer website)
Selection Process:
  • Selection will be through interview only
  • Applicant must also submit a write up (500 words, Font: Arial 12) on his / her vision to set up the proposed Data Science Lab in Reserve Bank of India
  • The candidate may also separately submit 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
How To Apply:
  • Applicants are requested to read the instructions carefully before applying.
  • For detailed description of education qualification, experience, other eligibility criteria and general information please visit website/pdf.
  • The candidates applying for the post must submit their Application 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
  • Also a copy of the application has to be mailed
  • The application, enclosing all prescribed documents should reach the Board’s Office on or before 5.00 P.M. on October 3, 2018
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