Vacancy Number	23065301403
Post	Joint Secretary (Banking, Insurance & Pension)
Ministry/Administration	Ministry of Finance
Department/Office	Department of Financial Services
Organisation	Other

Number of Posts and Reservation

UR	EWS	OBC	SC	ST	PwBD	Total
1	0	0	0	0	0	1

Post Description

Pay Scale	Revised Pay as per 7th CPC Level-14 in the Pay Matrix. The gross salary per month would be Rs. 2,66,000/-(approx.) including Basic Pay, HRA, DA and TA.
Age	Age not below 40 years and not exceeding 55 years as on closing date of receipt of application.
Essential Qualification (s)	A. EDUCATIONAL:- Bachelor’s Degree. B. EXPERIENCE:- 15 years of working experience in financial services sector (Bank/ Insurance company/Pension funds Manager).
Desirable Qualification (s)	i) Post Graduate Degree in Economics/Management/Insurance/Actuarial Science Or ii) Master of Computer Application (MCA) Or iii) Bachelor of Laws (LLB).
Duty(ies)	• Development of Financial Services Sector. • Analysis of developments in the sector and formulation of legislation and public policy in respect of banking, insurance and pension sectors. • Innovation in the financial services sector. • Governance aspects relating to regulators of the sector. • Performance and governance of Public sector entities.
Tenure	The period of contract/deputation would be 3 years extendable upto a maximum of 5 years, depending upon performance and requirement.
Headquarters	New Delhi.
Other Details	The post is in Group ‘A’. Appointment of Candidate from Private Sector will be on contract basis as per terms of contract to be signed between the selected candidate and the Government of India. Officials of State/UT Admin/PSUs, Autonomous Bodies, Statutory Organizations, Universities, Recognized Research Institutes would be appointed on deputation basis as per standard term of deputation.
Any Other Conditions	1. Central Government employees are not eligible to apply. 2. The candidate must have a minimum gross salary of Rs. 35 lac per year during any of the financial year 2021-22 or 2022-23 as per Form-16/ITR (or payslip in the absence of Form-16/ITR). Note- In case of inability to submit the Form-16/ITR for the year 2022-23 by the closing date, candidate has to submit an undertaking that the same will be submitted before the date of interview. 3. All appointees are to be deemed as public servants for thepurpose of the CCS(Conduct) Rules and such otherstatutes as notified by the government from time to time. 4. The employment contract to be terminated by either sidewith a minimum notice period of 3 months.

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