RBI recruitment 2018: The Reserve Bank of India (RBI) has invited online applications from interested candidates to apply for vacant positions of Legal Consultant (Grade 'F') and Grade ‘C’/’D’ on contract basis at its official website: www.rbi.org.in. For details, the candidates can visit the RBI website to know about eligibility criteria prior to filling the application form. Applicants have to fill the application form and appear for an interview. 

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

According to the notification, successful candidates will be eligible to get a salary up to Rs 2.10 lakh per month. The other details for the vacancies are given below: 

Legal Consultant (Grade 'F') 

Eligibility criteria: Candidates should hold a bachelor's degree in Law recognised 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 or years. Master's degree or PhD in Law are also welcome. 

Candidates must have at least 15 years of 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 of central/state government or as a partner in a law firm providing legal advice.

Their experience in taxation laws, international laws, laws relating to banking, payment systems, forex and cyber/IT laws will be an added advantage.

Age/Pay: Candidates must not be less than 45 years and not more than 55 years. Selected candidate will be eligible for Rs 3,00,000 per month without housing and Rs 1,75,000 per month for with housing.

Function

Applicants will be required to provide legal opinion on matters as required by the bank, on policy issues, provide support and guidance on any legal matters as asked by the top management. The Legal Consultant will also have to assist the Governor, Deputy Governor and top management of RBI whenever they are expected to depose before various Parliament committees. 

The function of the Legal Consultant will also require to extend support for finalising strategies while dealing with court cases of importance. Further, their services will also be needed to attend conferences with legal counsels whenever outside opinion is sought. Their other responsibilities include preparing draft pleading, brief the RBI's advocates, besides attending proceedings before the court.

Legal Consultant (Grade 'C'/'D') 

Eligibility/Age/Pay: Those who applying for this position should have the same qualification as Legal Consultant (Grade 'F'). But these canidates should have 7 years of experience, instead of 15 years and should not be below 30 years and above 45 years of age. 

Successful candidates will be eligible for Rs 1,35,000 per month with housing and Rs 2,10,000 per month without housing in the Grade D category. The Legal Consultant in Grade C category will be eligible for Rs 1,25,000 per month with housing and Rs 1,80,000 per month without housing.

Candidates will be required to assist legal advisers in carrying out legal research, providing legal opinions, preparation of drafts of show cause notices and speaking orders for consideration of the authority competent to issue the same, as well as handle litigation, and carry out such official tasks as are assigned by the HoD or the legal adviser. 

Watch this Zee Business video

They will also be required to provide legal opinion on matters as required by the bank, on policy issues, provide support and guidance on any legal matters as asked by the top management They will need to examine inter-departmental references and provide opinion on legal issues among other responsibilities.