Vacancy Details

Vacancy Number 21025119406
Post  Director (Financial Market), Department of Economic Affairs, Ministry of Finance
Classification  
Ministry/Administration  Ministry of Finance
Department/Office  Department of Economic Affairs
Organisation  Other

Number of Posts and Reservation

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

Post Description

Pay Scale   Revised Pay as per 7th CPC Level-13 in the Pay Matrix. The gross salary per month would be Rs. 1,82,000 (Approx.) including Basic Pay, HRA, DA and TA.
Age   Age not below 35 years and not exceeding 45 years as on closing date of receipt of application.
Essential Qualification (s)   A. Educational-
Master’s degree in Economics/Finance/Business Administration from a recognized University or Institute.

B. Experience-
At least 10 years of experience in financial markets.
Desirable Qualification (s)   (i) Bachelor Degree in Law from a recognized University/Institute.
(ii) Doctoral Degree in Finance/Economics from a recognized University/Institute.
Duty(ies)   (i) Formulation of policies required for the overall development of equity, bond and commodity markets as well as the financial derivates markets
(ii) Formulation of policies required for easing the constraints in fund raising through various pooling vehicles/innovative structures
(iii) Formulation of policies required for robustness in market infrastructure comprising of Stock exchanges, Depositories and clearing corporations and leveraging their potential for greater development and deepening of the capital markets
(iv) Formulation of policies required for facilitating ease of investment by market participants including FPIs, Mutual Funds, AIFs, DIIs and retail investors
(v) Monitoring the key developments in financial markets and inter-linkages between various segments of the financial markets for identifying timely policy interventions that are required
(vi) Identifying policy measures for facilitating the internationalization of Indian firms and making Indian markets as centers of price discovery/benchmarking across the globe
(vii) Raise and pursue financial market related issues of interest to India in Bilateral and Multilateral Forums.
Tenure   The period of contract may be 03 years extendable up to 5 years depending upon performance.
Headquarters   New Delhi
Other Details   The post is Group ‘A’ on contract basis (On Deputation for officials of State/UT/PSUs, Autonomous Bodies, Statutory Organizations, Universities, Recognized Research Institutes).
Any Other Conditions   1. Central Government employees are not eligible to apply. 2. The candidate must have a minimum gross salary of Rs. 15 lac per year during any of the financial year 2018-19 or 2019-20 as per Form-16/ITR (or pay slip in the absence of Form-16/ITR). 3. All appointees are to be deemed as public servants for the purpose of the CCS(Conduct) Rules and such other statutes as notified by the government from time to time. 4. The employment contract to be terminated by either side with a minimum notice period of 3 months.
    
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