IDBRT announced job notification for the post of Associate Professor and Professor has been released officially. M.Phil/Ph.D pass Can apply for this job openings. Candidates who meet the eligibility criteria alone can apply on the official website idrbt.ac.in. The application process ends on 28.02.2022.
Qualification Details:
IDRBT invites top talent with high passion and proven credentials for carrying out outstanding Applied Research and Development, Academic activities and Practice in the area of Banking and Financial Technology for the positions of Associate Professor and Professor.
1. Name of The Post : Associate Professor and Professor.
2. Qualification : Candidates must have a Ph.D. in Computer Science / Information Technology / Information Systems / Information Security / Banking and Financial Technologies or Directly Related Areas with a first class or equivalent at the preceding degree in the appropriate branch with a consistently very good academic record throughout.
3. Experience:
a). Professor A minimum of ten years of research / professional experience of which at least four years should be at the level of Associate Professor in IITs, IISc Bangalore, IIMs, or at an equivalent level in any such other Indian or foreign institution(s) of comparable standards.
(b) Associate Professor A minimum of six years of research / professional experience of which at least three years should be at the level of Assistant Professor in IITs, IISc Bangalore, IIMs, or at an equivalent position in any such other Indian or foreign institution(s) of comparable standards
4. Type of Position :
a) Regular The positions of Professor and Associate Professor are Regular Positions with a probation period of one or two years.
b) Contract The positions of Professor and Associate Professor are open for Contractual Recruitment for a period of upto five years and accordingly candidates can apply for these positions on a contractual basis. Further, the Selection Committee for Faculty positions may offer Contractual Positions to some candidates based on their Academic Profile and Performance in the Selection Process.
5. Reservation :While one position is reserved for OBC candidates, three positions are open for General candidates
6. Remuneration :
(i) For Regular Positions (Professor) – Pay Level and Matrix : Pay Level 14 of Rs. 1,59,100 – 2,20,200/, Minimum Basic Pay – Rs. 1,59,100 /-
(ii) For Regular Positions (Associate Professor) – Pay Level and Matrix : Pay Level 13 of Rs. 1,39,600 – 2,11,300/-, Minimum Basic Pay – Rs 1,39,600 /-
7. Pay and Perks : The Regular Faculty, apart from the applicable 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, Newspaper Reimbursement, 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 Contractual Positions Compensation shall be on an all-inclusive CTC basis. Right candidates shall be adequately compensated.
8. Areas : Artificial Intelligence and Machine Learning, Cloud Computing / Edge Computing / Internet of Things, Cyber Security, Distributed Ledger Technology / Blockchain, 5G and Beyond Networks, Quantum Computing, Any other area directly relevant to Banking and Financial Technology
9. No. Of Regular Positions : The Institute plans to recruit up to Four Regular Faculty members at the level of Professor and Associate Professor
Other Rules and Regulations:
(1) Candidates should have excellent research and academic record, good communication skills, ability to work in a team and a commitment to high quality Applied Research and Development, Academics and Practice in the area of Banking and Financial Technology.
(2) The Institute at its discretion may consider relaxing the experience requirements and granting advance increments in the case of Outstanding Candidates.
(3) Candidates should satisfy themselves about their eligibility for the position applied for. Mere fulfillment of the eligibility does not entitle a candidate to be shortlisted for the Selection 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 the Application. Verification shall be conducted in due course. If at any stage, it is found that any information furnished by the applicant is false / incorrect or if according to the Institute, the candidate does not satisfy the eligibility criteria, his/her candidature/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 must submit along with the application a Detailed Work Plan for the next three to five years on the work they propose to do, the timelines for completing it, the resultant deliverables, and how this work will benefit the Indian Banking and Financial Sector, in at least two areas of specialisation chosen from among the list mentioned in 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, candidates should clearly indicate their numerical equivalent.
(7) Candidates who have responded to the Institute’s Advertisements till November 2021 need not apply again.
(8) Candidates employed in Government / Semi-Government Organisations / Educational Institutions / Banks / Financial Institutions, etc., must apply through proper channel.
(9) Incomplete applications in any respect/not in the prescribed format/ and without the Detailed Work Plan will be rejected and no correspondence in this regard will be entertained by the Institute.
(10) The Institute reserves the rights to call only such candidates who are found primafacie suitable for being considered by the Selection Committee. The Institute also reserves the right to restrict the candidates called for the selection process to a reasonable number on the basis of qualifications and experience higher than the minimum prescribed herein and the requirements of the Institute. Thus, just fulfilling the prescribed conditions would not entitle one to be called for the Selection Process.
(11) The Institute reserves the right to fill or not to fill any or all the posts advertised.
(12) In all matters regarding Eligibility, Experience, Compensation, Term, Selection Process, Assessment, Minimum Qualifying Standards in Selection Process, and Communication of Result, etc., the Institute’s decision shall be final and binding on the candidates and no correspondence shall be entertained in this regard.
(13) No correspondence will be entertained from candidates regarding postal delays, conduct & result of selection process and reasons for not being called for interview.
(14) Selected candidates should undertake to abide by all the rules and regulations pertaining to their retention as also to the rules and regulations of the Institute.
Selection Procedure :
1. Candidates should satisfy themselves about their eligibility for the position applied for. Mere fulfillment of the eligibility does not entitle a candidate to be shortlisted for the Selection Process
2. The Institute reserves the rights to call only such candidates who are found primafacie suitable for being considered by the Selection Committee. The Institute also reserves the right to restrict the candidates called for the selection process to a reasonable number on the basis of qualifications and experience higher than the minimum prescribed herein and the requirements of the Institute. Thus, just fulfilling the prescribed conditions would not entitle one to be called for the Selection Process.
How to Apply :
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 so as to reach the Institute latest by FEBRUARY 28, 2022.