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Recruitment for the post of Program Director

Published Date December 22, 2025  Last Date to Apply January 12, 2026 

The details are as follows-

1 (One)

Centre for Advanced Financial Research and Learning (CAFRAL), promoted by Reserve Bank of India (RBI) to serve as a global centre for policy research and learning in banking and finance, has been operational since January 17, 2011. The Governor, RBI, is the Chairman of the Governing Council of CAFRAL. 

1. Applications are invited from suitable officers from RBI/Public Sector Banks in the rank of General Manager and above or equivalent grade for the position of Program Director (one post) in CAFRAL, Mumbai on contractual basis.

2. Responsibilities:

CAFRAL is looking for a highly proficient and competent person as Program Director who will, inter alia, design, deliver learning programs, take sessions in the Learning programs and do other related work in emerging areas of relevance for senior executives of the financial sector. She/he will also design and deliver certificate courses in the area of banking and finance along with any other work assigned, as may be required.

3. Eligibility:

·     Applicants should have in-depth knowledge of banking and finance and work experience in the financial sector in senior positions, as General Manager and above or equivalent.

·     Minimum experience of 25 years as officer in banking and financial sector.

·     Experience in teaching/training/capacity building in banking/ financial sector is preferable.

4. The Program Director (PD) will report to the Additional Director (Learning & Administration).

nterested candidates may send their Curriculum Vitae/Bio Data as per the prescribed format to admin@cafral.org.in superscribing “Position for the post of Program Director” positively on or before January 12, 2026. Applications shall be treated with confidentiality. The applications received in a format other than prescribed format will not be considered and will be rejected. Shortlisted applicants will be called for an interview/interaction. CAFRAL reserves the right to fill up the position by invitation and/or relax eligibility/qualification/experience criteria for outstanding candidates.

The selected candidate will be required to produce the No Objection Certificate (NOC) from the employer, wherever applicable.

Fixed Pay Rs.50 lakh plus HRA Rs.7.30 lakh per annum
Up to 62 years as on December 31, 2025.
The appointment shall be for a period of 3 years on a contractual basis and extendable up to the age limit of 65 years subject to satisfactory performance review.
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