Reserve Bank of India (RBI) has announced a vacancy for the position of Legal Officer in Grade ‘B’, interested candidates may apply.
About RBI
The Reserve Bank of India, chiefly known as RBI, is India’s central bank and regulatory body responsible for the regulation of the Indian banking system. It is under the ownership of the Ministry of Finance, Government of India.
About the Opportunity
Reserve Bank of India (RBI) has announced a vacancy for the position of Legal Officer in Grade ‘B’ , interested candidates may apply.
Roles and Responsibilities
- Dealing with references on legal issues received from various departments of the Bank and its associate institutions, which are mainly related to the interpretation of various statutes such as the Reserve Bank of India Act 1934, Banking Regulation Act 1949, Foreign Exchange Management Act 1999, Companies Act 2013, etc.
- Preparing initial drafts of legislation administered/to be administered by the Bank.
- Preparation of drafts of pleadings and comprehensive instructions/briefs to counsel in connection with litigation involving the Bank and its associate institutions.
- Appearing before Conciliation Officers, Labour Courts, Tribunals etc. on behalf of the Bank.
- Any other work as assigned by the Bank.
Eligibility Criteria
- Bachelor’s Degree in Law from any University/College/Institution, recognized by UGC and the Bar Council of India with a minimum of 50% marks or equivalent in the aggregate of all semesters/years.
- Enrolled with the Bar Council as an Advocate.
- Copy of the Bar Council Registration/Enrolment Certificate is required in all cases
- At least two years of experience after being enrolled
- As an Advocate or
- As a Law Officer in the Legal Department of a large bank/ financial institution/ statutory corporation/ company/ State/ Central Government after being enrolled with the Bar Council or
- As a full-time teacher in a Law College / University, teaching law.
- A candidate must have attained the age of 21 years and must not have attained the age of 32 years as on May 01, 2023
- The upper age limit is relaxable by 3 years in the case of candidates possessing an LL.M. degree and 5 years in the case of candidates possessing a PhD in Law.
Salary
Selected Candidates will draw a starting basic pay of ₹55,200/- p.m.
They will also be eligible for Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, Special Allowance, Special Grade Allowance, Learning Allowance and Grade Allowance as per rules in force from time to time
How to Apply?
Candidates are required to apply only online using the website www.rbi.org.in (linked below) and no other means/mode of application will be accepted.
Application Deadline
The Online Applications can be filled up to June 20, 2023, till 06:00 pm.
Click here to view the website.
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Click here to read ‘Mastering the Art of Writing a Legal Brief: Tips and Techniques for Beginners’
Source: Lawctopus
