Advertisement Numbers: Not specified in the document Last Date to Apply: 21st July 2025 Post Names: Director, Senior Adviser
Table of Contents
About CAFRAL and RBI
The Centre for Advanced Financial Research and Learning, established by the RBI in 2011, is an independent think tank for policy research and advanced learning in economics, banking, and finance. It supports RBI’s policy-making and develops financial sector leadership through seminars and training. The RBI Governor heads its Governing Council. For job updates, visit infrontjob.com.
Meta-description: Apply for the CAFRAL Director and Senior Adviser posts for 2025. Explore eligibility, application process, and key dates at https://www.rbi.org.in. Stay updated with infrontjob.com.
Job Overview
| Field | Details |
| Post Names | Director, Senior Adviser |
| Compensation | In line with the best in the industry |
| Total Vacancies | 1 Director, 1 Senior Adviser (Total: 2) |
| Notification Date | 24th June 2025 |
| Application Deadline | 21st July 2025 |
| Organization | Centre for Advanced Financial Research and Learning (CAFRAL), RBI |
Recruitment Details
CAFRAL, under the RBI, invites applications for Director and Senior Adviser posts from 24th June to 21st July 2025. Apply via email at cafralssc2025@rbi.org.in or by post to the Centre for Advanced Financial Research Search-cum-Selection Committee – 2025, RBI Central Office, Mumbai. Positions are for five years, with annual reviews, and offer industry-aligned compensation.
Director, CAFRAL
The Director, as CAFRAL’s CEO, leads under the RBI Governor-chaired Governing Council. Key duties include overseeing operations, executing Council decisions, advancing high-impact research, and positioning Centre for Advanced Financial Research Learning globally while addressing national priorities. The role involves managing a team of around 40, with future expansion planned.
Senior Adviser, CAFRAL
The Senior Adviser, a newly created role, works closely with the Director to nurture talent, guide policy research, and enhance Centre for Advanced Financial Research Learning vertical. The role involves shaping Centre for Advanced Financial Research Learning’s search vision, liaising with RBI senior management to identify emerging areas of interest, and contributing to policy research.
Vacancies
The advertisement specifies one vacancy each for Director and Senior Adviser. No category-wise (SC, ST, OBC, EWS, UR) or Regular/Backlog breakdown is provided, as these are senior leadership roles.
| Post Name | SC | ST | OBC | EWS | UR | Total |
| Director | – | – | – | – | – | 1 |
| Senior Adviser | – | – | – | – | – | 1 |
| Total | – | – | – | – | – | 2 |
Note: Vacancies are as per the advertisement. No reservation categories or Regular/Backlog distinctions are specified, and vacancies may be subject to change based on CAFRAL’s requirements.
Selection Process
A Search-cum-Selection Committee (SSC) constituted by the RBI will oversee the selection. The SSC may fill positions by invitation or relax eligibility criteria for outstanding candidates. Applications are treated with confidentiality.
Eligibility Criteria
Director
| Criteria | Details |
| Educational Qualification | PhD in Economics or Finance |
| Experience | At least 25 years of excellence in research and/or teaching (including PhD duration) |
| Institution Building | Experience in nurturing a reputed research institute and developing high-quality research teams |
| Publications | Strong record of published work in macroeconomics, banking, finance, or central bank-related areas in high-quality refereed journals and books |
| Citizenship | Indian citizen |
| Age Limit | Not older than 62 years as on 01.07.2025 |
Senior Adviser
| Criteria | Details |
| Educational Qualification | Master’s degree (preferably PhD) in Economics or Finance |
| Experience | At least 25 years of excellence in research and/or teaching (including PhD duration) |
| Institution Building | Experience in nurturing a reputed research institute and developing high-quality research teams |
| Publications | Strong record of published work in macroeconomics, banking, finance, or central bank-related areas in high-quality refereed journals and books |
| Citizenship | Indian citizen |
| Age Limit | Not older than 62 years as on 01.07.2025 |
Notes:
- Candidates for both roles must demonstrate exceptional research leadership and institution-building skills.
- The Director role requires a PhD, while the Senior Adviser role accepts a Master’s degree, with a PhD preferred.
- Applications must include a detailed curriculum vitae (in the prescribed format) and a statement of intent/vision for CAFRAL.
Important Dates
| Event | Date |
| Notification Released | 24th June 2025 |
| Application Start | 24th June 2025 |
| Application End | 21st July 2025 |
Application Process
- Download the Application Proforma (PDF/Text) from https://www.rbi.org.in or https://www.cafral.org.in.
- Prepare a detailed curriculum vitae in the prescribed format and a statement of intent/vision for CAFRAL.
- Apply by:
- Email: cafralssc2025@rbi.org.in
- Post: The CAFRAL Search-cum-Selection Committee – 2025, c/o Corporate Strategy & Budget Department, Central Office, Reserve Bank of India, Main Building, 2nd Floor, Shahid Bhagat Singh Road, Mumbai 400001.
- Ensure submission by 21st July 2025. Applications are treated with confidentiality.
Note: The SSC reserves the right to fill positions by invitation or relax eligibility criteria for exceptional candidates.
Notification links
CAFRAL
Apply Link
Application Submission
Official links
CAFRAL Website
RBI Official Website
Frequently Asked Questions
What is the CAFRAL Recruitment 2025 about?
CAFRAL, an RBI-established think-tank, is recruiting one Director and one Senior Adviser to lead research and learning in macroeconomics, banking, and finance, with applications open from 24th June to 21st July 2025.
Who is eligible to apply for the Director position?
Indian citizens not older than 62 years as on 01.07.2025, with a PhD in Economics or Finance, 25 years of research/teaching experience, a strong publication record, and experience in institution building.
Who is eligible to apply for the Senior Adviser?
Indian citizens not older than 62 years as on 01.07.2025, with at least a Master’s degree (preferably PhD) in Economics or Finance, 25 years of research/teaching experience, a strong publication record, and experience in institution building.
How do I apply?
Submit a detailed CV and statement of intent/vision in the prescribed format by email to cafralssc2025@rbi.org.in or by post to the RBI Mumbai address by 21st July 2025.
What is the selection process?
A Search-cum-Selection Committee (SSC) will review applications and may fill positions by invitation or relax criteria for outstanding candidates. Applications are confidential.
What is the compensation?
Compensation for both roles is in line with the best in the industry, with a five-year term subject to annual reviews.
Where to find more job alerts?
Visit infrontjob.com for latest updates.
