Vacancy Announcement

The Royal Monetary Authority of Bhutan (RMA) is pleased to announce the vacancies for the following posts:

 

Sl/No.

Designation

Qualification

Experience/Without Experience

Department

Grade & Basic Pay

Slot

Type of Employment

1

Professional Accountant (PA)/Accounting Specialist

 

*Preference will be given to CPA

 

*Proof of experience & Certification required

1.1 Certified Public Accountant (CPA)

 

 

 

         1.         Minimum of 5 Years of knowledge & experience in accounting

 2.      Well versed with BAS/IFRS

Department of Banking

Initial Placement will be in S2 level grade with basic pay Nu. 60, 270/with applicable allowance. The maximum grade protection shall be S2 only.

1

Regular

1.2 Master’s in Professional Accounting

 

         1.       Minimum of 10 years of in-depth knowledge & experience in accounting

 2.       Well versed with BAS/IFRS

 

1.3 Bachelor’s degree in accounting/relevant field

        1.       Minimum of 15 years of in-depth knowledge & experience in accounting

 2.       Well versed with BAS/IFRS

 3.       Involvement in the implementation of BAS/IFRS

2

Chief Accounts Officer

Bachelor’s degree in accounting.

Minimum of 15 years of experience in accounting/relevant field.

Department of Banking

Grade PS1 with Basic Pay of Nu. 52, 510/- with applicable allowance. The maximum grade protection shall be up to PS1 only.

1

Regular

3

Accounts Officer

Bachelor’s degree in accounting

With 5 years of experience in accounting/relevant field

Department of Banking

Grade PS3 with Basic Pay of Nu. 37, 245/- with applicable allowance. The maximum grade protection shall be up to PS3 only.

1

Regular

4

Asst. Accounts Officer

Bachelor’s degree in accounting

Not Required

Department of Banking

Grade PS4 with Basic Pay of Nu. 31, 355/- with applicable allowance. The maximum grade protection shall be up to PS4 only.

2

Regular

5

Fixed Income and Equity Specialist

Minimum of Master’s degree with a major in finance /commerce/business/investment management.

Minimum of 15 years of experience in financial institutions/asset management/investment bank/other relevant field including three years of experience in international investment management, such as the front and middle office functions.

Department of Foreign Exchange & Reserve Management

Grade S2 with basic pay of Nu. 60, 270/- with applicable allowance. The maximum grade protection shall be up to S2 only.

1

Regular

6

Chief Investment Officer

Minimum of Bachelor’s degree with Major in finance /investment banking/risk management/commerce/business management/Statistics.

Minimum experience of 15 years in the above-relevant field.

Department of Foreign Exchange & Reserve Management

Grade PS1 with Basic Pay of Nu. 52, 510/- with applicable allowance. The maximum grade protection shall be up to PS1 only.

1

Regular

7

Chief Foreign Exchange Officer

Minimum of Bachelor’s degree with a major in Finance/Statistics

Minimum of 15 years of experience in Foreign Exchange related operations and its related fields. 

Department of Foreign Exchange & Reserve Management

Grade PS1 with Basic Pay of Nu. 52, 510/- with applicable allowance. The maximum grade protection shall be up to PS1 only.

1

Regular

8

Senior Investment Officer

Minimum of Bachelor’s degree with major in finance /investment banking/risk management/commerce/business management/Statistics.

Minimum of 10 years of experience in the relevant field.

Department of Foreign Exchange & Reserve Management

Grade PS2 with Basic Pay of Nu. 44, 235/- with applicable Allowance. The maximum grade protection shall be up to PS2 only.

2

Regular

9

Foreign Exchange Officer

Minimum of Bachelor’s degree with a major in Finance/Statistics

Minimum of 5 years of experience in Foreign Exchange related operations and its related field. 

Department of Foreign Exchange & Reserve Management

Grade PS3 with Basic Pay of Nu. 37, 245/- with applicable allowance. The maximum grade protection shall be up to PS3 only.

1

Regular

10

Assistant Investment Officer

Minimum of Bachelor’s degree with major in finance /investment banking/risk management/commerce/business management/Statistics.

Not required

Department of Foreign Exchange & Reserve Management

Grade PS4 with Basic Pay of Nu. 31, 355/- with applicable allowance. The maximum grade protection shall be up to PS4 only.

1

Regular

11

Assistant Foreign Exchange Officer

Minimum of Bachelor’s degree with a major in Finance/Statistics

Not required

Department of Foreign Exchange & Reserve Management

Grade PS4 with Basic Pay of Nu. 31, 355/- with applicable allowance. The maximum grade protection shall be up to PS4 only.

2

Regular

12

Specialist (Banking Sector)

Minimum of Master’s degree

Minimum of 15 years of experience in the Financial Sector

Department of Financial Regulation & Supervision

Grade S2 with basic pay of Nu. 60, 270/- with applicable allowance. The maximum grade protection shall be up to S2 only.

1

Regular

13

Specialist (Insurance Sector)

Minimum of Master’s degree

Minimum of 15 years of experience in the Insurance Sector

Department of Financial Regulation & Supervision

Grade S2 with basic pay of Nu. 60, 270/- with applicable allowance. The maximum grade protection shall be up to S2 only.

1

Regular

14

Sr. Analyst

B.A. Eco/BBA/BCom (Preferably with Master’s Degree)

Minimum of 10 years of work experience in relevant field

Department of Financial Regulation & Supervision

Grade PS2 with Basic Pay of Nu. 44, 235/- with applicable Allowance. The maximum grade protection shall be up to PS2 only.

4

Regular

15

Data Analyst

BSc in Mathematics with major in statistics /BSc in Statistics/MSc in Statistics/ BSc/MSc in Data Science

Minimum of 5 years of experience in the relevant field

Department of Financial Regulation & Supervision

Grade PS3 with Basic Pay of Nu. 37, 245/- with applicable allowance. The maximum grade protection shall be up to PS3 only.

2

Regular

16

Legal officer

LLB with PGDNL (Bar council certificate mandatory)

Minimum of 5 years of experience in the relevant field

Department of Financial Regulation & Supervision

Grade PS3 with Basic Pay of Nu. 37, 245/- with applicable allowance. The maximum grade protection shall be up to PS3 only.

1

Regular

17

Asst. Legal Officer

LLB with PGDNL (Bar council certificate mandatory)

Not required

Department of Financial Regulation & Supervision

Grade PS4 with Basic Pay of Nu. 31, 355/- with applicable allowance. The maximum grade protection shall be up to PS4 only.

1

Regular

18

Assistant Analyst

B. Com/BBA/B.A.(Economics)

Not Required

Department of Financial Regulation & Supervision

Grade PS4 with Basic Pay of Nu. 31, 355/- with applicable allowance. The maximum grade protection shall be up to PS4 only.

1

Regular

19

Assistant Analyst

B.com/BBA/B.A. (Economics)

Not Required

Regional Office Pling

Grade PS4 with Basic Pay of Nu. 31, 355/- with applicable allowance. The maximum grade protection shall be up to PS4 only.

1

Regular

20

Sr. ICT Officer

Master’s / Bachelor’s Degree in Information Technology, Computer Science, Computer Engineering, Electronic Engineering or relevant fields;

At least 10 years of professional experience in IT.

Department of Information Technology

Grade PS2 with Basic Pay of Nu. 44, 235/- with applicable Allowance. The maximum grade protection shall be up to PS2 only.

2

Regular

21

ICT Officer/Asst. ICT Officer

Bachelor’s/ Master’s Degree in Information and Technology, Computer Science, Computer Engineering, Electronic Engineering, and related fields;

PS3 (Minimum of 5 years of experience for the post of PS3). Experience not required for the post of PS4)

Note: Both the categories have to go through the same level of the recruitment process and appoint on a merit basis from either of the positions.

Department of Information Technology

Grade PS3 with Basic Pay of Nu. 37, 245/- with applicable allowance. The maximum grade protection shall be up to PS3 only. And or Grade PS4 with Basic Pay of Nu. 31, 355/- with applicable allowance. The maximum grade protection shall be up to PS4 only. The selection shall be made on a merit basis of the candidates.

4

Regular

22

Statistician

Bachelor/Master’s degree in Statistics

Minimum of 10 years of experience in relevant field

Department of Macroeconomic Research & Statistics

Grade PS2 with Basic Pay of Nu. 44, 235/- with applicable allowance. The maximum grade protection shall be up to PS2 only.

1

Regular

23

Asst. Payment System Officer

B. Com/BBA/B.A.(Economics)

Not Required

Department of Payment System & Settlement

Grade PS4 with Basic Pay of Nu. 31, 355/- with applicable allowance. The maximum grade protection shall be up to PS4 only.

2

Regular

24

Assistant ICT Officer

B. Sc Computer/ BCA / B. Tech or equivalent

Not Required

Governor’s Office (Central Registry Secured Transaction)

Grade PS4 with Basic Pay of Nu. 31, 355/- with applicable allowance. The maximum grade protection shall be up to PS4 only.

1

Regular

25

Sr. Accounts Officer

B.com/BBA

Minimum 10 years in relevant field.

Dept. of Administration and Finance

Grade PS2 with Basic Pay of Nu. 44, 235/- with applicable Allowance. The maximum grade protection shall be up to PS2 only.

1

Regular

 

 

 

The following documents have to be submitted through e-Recruitment System:

 

  1. Academic transcripts of Class X, XII, Bachelor’s Degree and Master Degree wherever applicable;
  2. The applicants who apply for an experienced post (PS3-S2) MUST have a minimum average of 60% in Class X, XII & Degree (English + best 4 subjects for Class X & English +best 3 subjects for Class XII). For the purpose of shortlisting, Class X & XII will be converted into 30 % each and Degree will be converted into 40%. The number of years of experience shall be considered only upon serving in Professional Service Cadre upon completion of formal Bachelor Degree/Postgraduate Courses (Study Leave will be considered as active service, while the period of EOL shall be excluded). The selected candidates shall be placed in grade announced without providing the service protection for the extra number of experienced.
  3. The applicant for the post not requiring the experience MUST have a minimum of 65% in Class X, XII and Degree (English + best 4 subjects for class X and English plus best 3 subjects for Class XII). For the purpose of shortlisting, Class X & XII will be converted into 30 % each and Degree will be converted into 40%;
  4. The marks for the written examination shall be converted into 50% and academic marks to 30% for the purpose of short-listing for the Viva-Voce in the ratio of 1:3 (Post: Applicants). The selection shall be made on merit basis taking 30% weightage from Academic Marks, 50% from Written Examination and 20% from Viva-Voce. However, for the post of specialist (S2), the selection shall be done based on a written Examination (60%) and Viva Interview (40%).
  5. Security Clearance Certificate;
  6. Copy of Citizenship ID Card;
  7. Copy of recent Medical Fitness Certificate;
  8. Audit Clearance for in-service candidates, if selected;
  9. No Objection Certificate from the parent organization, if selected.

 

All Bhutanese citizens above 18 years of age fulfilling the required criteria should submit their application through e-Recruitment System on or before November 30, 2022. For detailed Terms of Reference (ToR), Click here to view   or contact HR & Personnel Officer, at 323111 ext. 232 during office hours.

 

The selection will be done among the candidates securing above 70 percent in the written examination and above 70% on viva on the ranking basis after totaling 30% from Academic Marks, 50% from Written Examination and 20% from Viva-Voce.

 

Non-submission of any of the above documents or incomplete submission shall lead to the rejection of the application. Copies are acceptable for the application. However, a candidate shall produce original documents at the time of an interview for verification.