INSTITUTE FOR DEVELOPMENT & RESEARCH IN BANKING TECHNOLOGY

(Established by Reserve Bank of India)

Castle Hills, Road No. 1, Masab Tank, Hyderabad 500 057

Rolling Advertisement No. 02 / 2018 19 Dated: May 11, 2018

INVITATION FOR TOP TALENT IN RESEARCH & ACADEMICS FOR FACULTY POSITIONS

The Institute for Development and Research in Banking Technology (IDRBT), established by the Reserve Bank of India, is the premier Institute of Banking Technology. The Institute spearheads efforts in providing state-of-the-art technologies for the Banking and Financial Sector by interfacing Research and Development, Academics, Executive Education, Practice and Consultancy.

IDRBT invites top talent with high passion for Research, Academics and Practice in the area of Banking Technology for the positions of Assistant Professor.

1.QUALIFICATION

Candidates must have a Ph. D. in Computer Science / Information Technology / Information Systems / Information Security / Banking Technologies or Closely Related Areas with a first class or equivalent at the preceding degree in an appropriate branch with a consistently good academic record throughout.

2.SPECIALISATION

Candidates should have necessarily specialised in at least one and preferably in two or more of the following areas and also have a keen interest in applying their knowledge in the niche area of Banking Technology:

3.EXPERIENCE

1.ASSISTANT PROFESSOR

A minimum of three years of research / professional experience in a premier and reputed organisation excluding the experience gained while pursuing Ph. D. Candidates should have demonstrated research and academic capabilities in terms of publications in reputed journals and conferences.

1 (a). Assistant Professor on Contract

Eligible candidates with less than the requisite experience to be an Assistant Professor may be offered a contract for a period of three years as Assistant Professor on Contract and may be put on a tenure track for the regular position of Assistant Professor thereafter.

1.(b) Visiting Assistant Professor

Candidates who have the potential to be groomed as an Assistant Professor on Contract over a period of time may be offered the position of Visiting Assistant Professor, which will be a contractual appointment for a period of three years. A Visiting Assistant Professor aspiring for the position of Assistant Professor on Contract needs to go through the identical process as external candidates applying for the post of Assistant Professor on Contract.

The Selection Committee may consider relaxing the experience requirements and granting advance increments in the case of Outstanding Candidates.

4.TYPE OF POSITIONS

a)REGULAR

The positions of Assistant Professor are Regular Positions with a probation period ofone or two years.

b)CONTRACT

The positions of Assistant Professor are open for Contractual Recruitment for a period ofupto five years and accordingly candidates can apply for these positions on a contractualbasis. Further, the Selection Committee for Faculty positions may offer ContractualPositions to some candidates based on their Academic Profile and Performance in theSelection Process.

Candidates should clearly indicate the type of position they are applying for in their application.

5.NO. OF REGULAR POSITIONS

The Institute plans to recruit up to Three Regular Faculty members at the level of Assistant Professor.

6.RESERVATION

While one position is reserved for OBC candidate, two positions are open for General Candidates.

7.REMUNERATION

(i)For Regular Positions

(i)a. Movement from PB - 3 to PB - 4

Candidates recruited as Assistant Professor in PB-3 of Rs. 15600 39100 with a Grade Pay of Rs. 8000/- and minimum pay of Rs. 30,000/-, based on their qualifications, performance and publication record, may be moved to the PB-4 of Rs. 37400 67000 with a Grade Pay of Rs. 9000/- after three years of service as an Assistant Professor in the Institute.

(i)b. Pay and Perks

The Regular Faculty, apart from the applicable Pay and Grade Pay, will also be eligible for Dearness Allowance, Quarters or House Rent Allowance, Transport Allowance, Leave Travel Concession, Medical Reimbursement, Development Grant, Children Education Allowance, Telephone and Internet Expenses Reimbursement, Laptop Reimbursement, Gratuity, National Pension System, Group Personal Accident Insurance, Welfare Fund Facilities, Reimbursement of Professional Society Fee, Earned Leave Encashment, Nomination to National and International Seminars/Conferences, etc., as per the rules and regulations of the Institute.

(ii)For Visiting Assistant Professor

An all-inclusive consolidated compensation of Rs. 55,000/- per month andaccommodation in the Institutes Quarters at Begumpet.

(iii)For Contractual Positions

Compensation shall be on an all-inclusive CTC basis. Right candidates shall be adequatelycompensated.

8.OTHER RULES & REGULATIONS

(1)Candidates should have excellent research and academic record, goodcommunication skills, ability to work in a team and a commitment to high qualityApplied Research, Academics and Practice in the area of Banking Technology.

(2)The Institute at its discretion may relax the minimum requirements in the case ofOutstanding Candidates.

(3)Candidates should satisfy themselves about their eligibility for the post applied for.Mere fulfillment of the eligibility does not entitle a candidate to be shortlisted for theSelection Process.

(4)Candidates should not enclose any certificates or copies thereof with the application.The candidature will be considered on the strength of the information declared in theApplication. Verification shall be conducted in due course. If at any stage, it is foundthat any information furnished by the applicant is false / incorrect or if according tothe Institute, the candidate does not satisfy the eligibility criteria, his/hercandidature/appointment is liable to be cancelled / terminated at any point in time,in addition to any disciplinary action as may be necessary.

(5)Candidates should apply for the positions in the format provided. Further, they mustsubmit along with the application a Detailed Work Plan for the next three to fiveyears on the work they propose to do, the timelines for completing it, the resultantdeliverables, and how this work will benefit the Indian Banking and FinancialSector, in at least two areas of specialisation chosen from among the list mentionedin Paragraph 2 of this advertisement, if selected by the Institute.

(6)All educational qualifications must have been obtained from recognized universities /institutions in India or abroad. If grades are awarded instead of marks, candidatesshould clearly indicate their numerical equivalent.

(7)Candidates who have responded to the Institutes Advertisements after April 2016need not apply again.

(8)Candidates employed in Government / Semi-Government Organisations / EducationalInstitutions / Banks / Financial Institutions, etc., must apply through proper channel.

(9)Incomplete applications in any respect/not in the prescribed format/ and without theDetailed Work Plan will be rejected and no correspondence in this regard will beentertained by the Institute.

(10)Selected candidates should undertake to abide by all the rules and regulationspertaining to their retention as also to the rules and regulations of the Institute.

(11)The Institute reserves the rights to call only such candidates who are found prima-facie suitable for being considered by the Selection Committee. The Institute alsoreserves the right to restrict the candidates called for the selection process to areasonable number on the basis of qualifications and experience higher than theminimum prescribed herein and the requirements of the Institute. Thus, just fulfillingthe prescribed conditions would not entitle one to be called for the Selection Process.

(12)The Institute reserves the right to fill or not to fill any or all the posts advertised.

(13)In all matters regarding Eligibility, Experience, Compensation, Term, SelectionProcess, Assessment, Minimum Qualifying Standards in Selection Process, andCommunication of Result, etc., the Institutes decision shall be final and binding onthe candidates and no correspondence shall be entertained in this regard.

(14)No correspondence will be entertained from candidates regarding postal delays,conduct & result of selection process and reasons for not being called for interview.

(15)The filled-in application may be sent to The Human Resources Department, IDRBT,Castle Hills, Road No.1, Masab Tank, Hyderabad 57 by e-mail to facultyidrbt@idrbt.ac.in .

(16)This is a Rolling Advertisement, and though candidates may apply at any time; applications received shall be processed from time to time at certain cut-off dates.

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