RBI Recruitment 2018 for 5 Legal Consultant Posts

RBI Jobs Recruitment 2018 for 05 Legal Consultant Vacancies in Grade ‘F’ & Grade ‘C’/ ’D’

RBI Recruitment 2018 – Reserve Bank of India (RBI) has announced a notification for the recruitment of Legal Consultant in Grade ‘F’ & Grade ‘C’/’D’ vacancies on contract basis. Eligible candidates can apply Online from 23rd April 2018 to 14th May 2018

Other details like age limit, educational qualification, selection process and how to apply are given below.

RBI Vacancy Details

• Total No of Posts: 05 Vacancies
• Name of the Posts
• Legal Consultant in Grade ‘F’ (Legal Adviser): 02 Posts
• Legal Consultant in Grade ‘C’/’D’ (Asst. / Dy Legal Adviser): 03 Posts
• Job Location: Mumbai

Eligibility Conditions

1. Nationality: a candidate must be either
2. a citizen of India, or
3. a subject of Nepal, or
4. a subject of Bhutan, or
5. a Tibetan refugee who came over to India before 1st January 1962 with the intention of permanently settling in India, or
6. a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India

Educational Qualifications

Legal Consultant (Grade ‘F’)

• Bachelor’s Degree in Law recognized by the Bar Council of India for the purpose of enrolment as an Advocate with a minimum of 50% marks or equivalent in the aggregate of all semesters/years; and Master’s Degree / PhD in Law from a recognized university

Experience

• At least ‘fifteen years’ experience as an Advocate or as a Law Officer in the Legal Dept. of a large bank/financial institution /statutory corporation or in the Legal Department of Central/State Government or as a partner in a Law firm providing legal advice

Desirable

• Experience in Taxation laws, International laws, laws relating to Banking, Payment Systems, Forex and Cyber / IT Laws

Remuneration

• The compensation package (including market value of housing) will be equal to Cost-to Company(CTC) band equivalent to Grade ‘F’ Officers in the Bank as revised from time to time (Presently Rs.54.63 lakh per annum subject to tax)

Job Requirements/ Responsibility

• Providing legal opinion on the matters referred by the Bank. Providing legal advice on policy issues, support and guidance on any legal matters as desired by the Top Management. Assisting Governor / Deputy Governor/Top Management whenever they are required to depose before the various committees of Parliament or any other such forum. Providing support for finalizing the strategies for dealing with Court cases of importance for the Bank.

Legal Consultant (Grade ‘C’/’D’)

• Bachelor’s Degree in Law recognized by the Bar Council of India for the purpose of enrolment as an Advocate with a minimum of 50% marks or equivalent in the aggregate of all semesters/years; and Master’s Degree /Ph.D. in Law from a recognized university.

Experience

• At least ‘Seven years’ experience as an Advocate or as a Law Officer in the Legal Department of a large bank/financial institution/statutory corporation or in the Legal Department Central/State Govt. or as a partner in a Law firm providing legal advice

Desirable

• Experience in Taxation laws, International laws, laws relating to Banking, Payment Systems, Forex and Cyber / IT Laws.

Remuneration

• The compensation package (including market value of housing) will be equal to Cost-to-Company (CTC) equivalent of Grade ‘C/D’ officers in the Bank as revised from time to time (presently Rs.26.84 / 36.91 lakhs per annum subject to tax)

Age Limit

• Candidates should not be below 30 years and above 45 years

Selection Procedure

• Selection will be through interview only
• Familiarity and capability of the candidate to deal with issues relating to Banking Regulation Act, 1949, RBI Act 1934 and FEMA,1999, etc., inter alia may be judged during the interview

Application Procedure

• Candidates have to apply only online through the Bank’s website i.e. www.rbi.org.in from 23rd April 2018 to 14th May 2018. No other means/mode of applications will be accepted.
• Instructions for filling up online applications are available at Appendix-I that is available on the Bank’s website www.rbi.org.in
• Applicants are advised to submit only single application; however, if due to any unavoidable situation, if he/she submits another/multiple applications, then he/she must ensure that application with the higher Registration ID (RID) is complete in all respects like applicants’ details, photograph, signature, fee etc

Important Dates

• Starting Date for Submission of Application: 23rd April 2018
• Last date for Submission of Application: 14th May 2018

For any query,  candidates are requested to check the official website  .

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