Reserve Bank of India(RBI) Recruitment – Chief Financial Officer,Assistant 624 Vacancies – Last Date 10.11.2017

By | October 21, 2017

Reserve Bank of India(RBI) Recruitment – Chief Financial Officer,Assistant 624 Vacancies – Last Date 10.11.2017

For Assistant

Educational Qualification requirementi) At least a Bachelor’s Degree in any discipline with a minimum of 50% marks (pass class for SC/ST/PWD candidates) in the aggregate and the knowledge of word processing on Computer. ii) A candidate belonging to Ex-servicemen category (except dependents of ex-servicemen) should either be a graduate from a recognized University or should have passed the Class 10  or its equivalent examination of the Armed Forces and rendered at least 15 years of defence service. iii) Candidates applying for post in a particular recruiting office should be proficient in the language (i.e. know to read, write, speak and understand the language) of the state/ any of the states falling under the recruiting office of the region.

Pay scaleApproximately ₹ 32528/- including HRA @ of 15 %. & DA as per Central Govt pay scale norms.

No of vacancies623 (Six Hundred Twenty Three Only)

Age limitBetween 20 and 28 years

Last date to apply the job : 10 Nov. 2017

General instructions : (I) with locomotor handicap and cerebral paralysis An additional season of twenty minutes for every hour might be allowed for the competitors with locomotor incapacity and cerebral paralysis where prevailing (composition) limit is influenced to the degree of abating the execution of capacity (least of 40% hindrance). (ii) Visually Impaired applicants • Visually Impaired hopefuls (who experience the ill effects of at the very least 40% of handicap) may pick to see the substance of the test in amplified text style and every single such competitor will be qualified for compensatory time of 20 minutes for each hour of examination. • The office of review the substance of the test in amplifying text style won’t be accessible to Visually Impaired competitors who utilize the administrations of a Scribe for the examination.

Reserve Bank of India (RBI) addressShahid Bhagat Singh Road, Fort,  Mumbai, Maharashtra  400001

Official Website :


The Reserve Bank of India (RBI) is India’s focal saving money establishment, which controls the financial approach of the Indian rupee. It initiated its operations on 1 April 1935 amid the British Rule as per the arrangements of the Reserve Bank of India Act, 1934. The first offer capital was isolated into offers of 100 each completely paid, which were at first claimed totally by private investors. Following India’s freedom on 15 August 1947, the RBI was nationalized on 1 January 1949.

The RBI has an essential impact in the Development Strategy of the Government of India. It is a part bank of the Asian Clearing Union. The general superintendence and course of the RBI is endowed with the 21-part Central Board of Directors: the Governor, 4 Deputy Governors, 2 Finance Ministry agents, 10 government-assigned chiefs to speak to imperative components of India’s economy, and 4 executives to speak to nearby sheets headquartered at Mumbai, Kolkata, Chennai and New Delhi. Each of these neighborhood sheets comprises of 5 individuals who speak to local premiums, and the premiums of co-agent and indigenous banks.

For : Chief Financial Officer (CFO)

Educational Qualification requirement : He/she should be a qualified Chartered Accountant / Cost Accountant / MBA (Finance). Applicants with qualification equivalent to Chartered Accountant / Cost Accountant / MBA (Finance) from foreign universities can also apply

Desirable qualifications : Additional Degrees viz. CFA/Certificate in Financial Risk Management from universally acclaimed University/Associations like GARP

Experience requirements : At least 15 years in regulating monetary operations in household/outside Banks/FIs/legitimate money related organizations/budgetary administrations associations/presumed open or private corporates post securing Chartered Accountant/Cost Accountant/MBA (Finance) capability of which at least 5 years ought to be as a full time Chief Financial Officer or Deputy to Chief Financial Officer or a proportional position in a customary limit – and not in a legally binding/adhoc limit

Employment duties/portrayal :a) Responsible for exact and opportune introduction and detailing of budgetary data of the Bank. b) Establish bookkeeping strategies and methods wherever required. c) Compliance with money related directions and models wherever appropriate. d) Communicate both the Bank’s normal and genuine monetary execution. e) Overseeing the spending procedure, gathering of information sources and contrasting the Bank’s genuine execution versus the spending gauges. f) Flagging dangers to the accounts – operational, advertise and so on. What’s more, creating procedures to counter/moderate the same. g) CFO will have oversight of the accompanying divisions yet not really be restricted to: I. Bureau of Government and Bank Accounts: Formulating the bookkeeping arrangement of the Bank, keeping up the inner records and revealing of budgetary outcomes through different articulations of records, Balance Sheet and Profit and misfortune Account (performing monetary controller sort work). ii. Corporate Strategy and Budget Department: 1. Definition of strategy identifying with Provident Fund, Actuarial valuation of ventures of different staff welfare subsidizes in qualified Government Securities, arrangement of notes to Board on the position of different assets and on PF loan fees. 2. Approach work identifying with Budget, including combination of spending plan for the Bank in general, notes to Board/Top Management, endorse of extra spending plan, audit and revision of Expenditure Rules. 3. Set up the approach and expansive rules with respect to Business Continuity Planning (BCP); be that as it may, the same would be actualized RESERVE BANK OF INDIA SERVICES BOARD, MUMBAI Advt. No 2A/2017-18 2 by offices concerned. System for BCP would be confined by Risk Monitoring Department. iii. Branch of Corporate Services: 1. Surrounding rules for honor of rate contracts for exercises, for example, floatation of tenders for printing, dispersion of productions. 2. Unified obtainment/game plans of different stationery things, dispatch administrations and so on 3. Report Management System – encircling approaches and expansive rules in regard of the framework and conservation time of archives.

Age limit : Under 57 years

Last date to apply for this job30th Oct 2017

How to apply: The applicants applying for the post must present their application by post to “The General Manager, Reserve Bank of India Services Board, IIIrd Floor, RBI Building, Opp. Mumbai Central Railway Station, Byculla, Mumbai – 400008” in the endorsed organize (as given beneath in this ad).

General guidelines : (I) Application arrange is given toward the end. Applicant ought to apply entirely in similarity with the arrangement as recommended. (ii) Candidates ought to encase duplicates of the pertinent declaration/s (in help of age, instructive capability) and fitting records in help of the experience, with the application. Their candidature will be considered on the quality of the data proclaimed in the application and the duplicates of endorsements/archives 5 submitted therewith. On the off chance that at any stage it is discovered that any data outfitted in the application is false/off base or if as per the Board, the hopeful does not fulfill the qualification criteria, his/her candidature/arrangement is obligated to be crossed out.

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