RBI Young Professional 2026: a ₹1.5 Lakh/Month Cyber Security Role in Mumbai (and 11 Others) — Who Can Apply and How
The Reserve Bank of India is engaging 12 Young Professionals at its Mumbai Central Office, including a dedicated Cyber Security & IT Risk post, on a ₹1,50,000/month stipend. Here are the roles, eligibility, terms, and how to apply before the 6 July 2026 deadline.
The Reserve Bank of India is hiring Young Professionals across 12 specialised roles at its Central Office in Mumbai — and one of them is a dedicated Cyber Security and Information Technology Risk post. The engagement pays a fixed stipend of ₹1,50,000 a month, and applications close on 6 July 2026.
On this page
At a glance
Under advertisement RBI/TMD1/YP/06/2026-27/01 (dated 15 June 2026), the RBI is engaging Young Professionals (YPs) on a contract basis for short-to-medium-term, policy-related assignments in its Central Office Departments at Mumbai. There is one vacancy in each of the 12 work areas. For a cybersecurity audience, the headline post is YP0626DOS01 in the Department of Supervision.
All 12 positions
Each post has a single vacancy. Several are directly relevant to technology and security careers.
| Post code | Work area |
|---|---|
| YP0626DOS01 | Cyber Security and Information Technology Risk |
| YP0626DOS02 | Policy Analytics (Department of Supervision) |
| YP0626DOR01 | Climate Change Risk and Sustainable Finance |
| YP0626DOR02 | Credit Risk Analytics & Regulatory Policy |
| YP0626DPS01 | Payment Ecosystem |
| YP0626DPS02 | Policy and Research in Domestic & Cross-Border Payment Systems |
| YP0626DEP01 | Policy and Research (DEPR) |
| YP0626FIN01 | Artificial Intelligence |
| YP0626FIN02 | Quantum Technology |
| YP0626FMO01 | Data Analysis |
| YP0626FMR01 | Financial Markets |
| YP0626CEP01 | Data Analytics and Policy Research |
The Cyber Security & IT Risk role (YP0626DOS01)
This post sits in the RBI's Department of Supervision and is a policy-and-research role rather than a hands-on security-operations job.
What you would do:
- Conduct policy research and analytical studies on cyber security, digital resilience, and emerging technology risks in the financial sector.
- Assist in drafting discussion papers and framework documents for internal and external stakeholders.
- Analyse cyber incidents, threat-intelligence trends, global regulatory developments, and technology-risk management practices relevant to regulated entities.
- Support projects involving AI/ML, digital public infrastructure, cloud security, data governance, and cyber-resilience assessments.
Who can apply
| Requirement | Detail |
|---|---|
| Nationality | Indian citizen |
| Age | Above 21 and not more than 30 years as on 6 July 2026 |
| Essential qualification (cyber post) | Postgraduate degree or equivalent professional qualification in Cyber Security, Information Security, Computer Science, Information Technology, Data Science, Artificial Intelligence, or a related discipline |
| Desirable | Certifications such as CISSP, CISM, CEH, ISO 27001 Lead Auditor, AWS/Azure Security; published research in IT/cybersecurity/public-policy journals; data-analysis and policy-writing skills |
| Desirable experience | Cyber security, technology-risk management, policy research, digital regulation, fintech, consulting or multilateral organisations; exposure to financial-sector tech, cyber-risk frameworks, CERTs or regulators |
Each of the other 11 posts has its own essential qualifications (for example, the AI, Quantum Technology and Data Analysis roles look for relevant engineering, statistics or data-science backgrounds). Check the official advertisement for the post you are targeting.
Terms of engagement
- Remuneration: a fixed monthly stipend of ₹1,50,000 (subject to applicable tax), for the entire engagement. No other allowances or benefits.
- Tenure: initial three years, extendable based on performance for a total period not exceeding five years.
- Nature: full-time contract engagement. It is not a regular job or appointment and creates no employer-employee relationship with the Bank; there is no claim to RBI employment by virtue of it.
- Location & joining: Mumbai. Selected candidates may expect to join tentatively between August and October 2026.
- Leave: 15 days in a calendar year (no carry-forward). Regular office hours; no extra pay for work beyond hours or on holidays.
- On selection: a Code-of-Conduct agreement and secrecy undertaking, plus a medical fitness certificate and police verification.
How to apply
Apply by email. Send your filled application proforma (Annexure-VI of the advertisement) and documents as PDF to yphrmdco@rbi.org.in. Subject line: "YP Application – Post Code – Name of the Candidate".
- Read the official advertisement. Download the RBI Young Professionals advertisement (PDF) and the application proforma (Annexure-VI). Confirm your post code (e.g. YP0626DOS01 for Cyber Security & IT Risk).
- Fill the proforma and gather documents. You need: CV, academic transcripts/degree certificates, a statement of interest, a sample of academic or policy writing, and a reference/recommendation letter.
- Keep attachments under 5 MB. Total PDF attachments must not exceed 5 MB, or the Bank's filters may block the email. Only PDF is accepted; the email body should be one or two lines.
- Email it with the exact subject line. Applying for more than one post? Send a separate email per post.
- Submit before the deadline. Applications close 6 July 2026. No post/courier or other modes are accepted; incomplete or late applications are rejected.
Selection is by preliminary screening/shortlisting, then document verification and an interview. Shortlisted candidates get an interview call letter by email and arrange their own travel.
Key dates
| Item | Detail |
|---|---|
| Advertisement date | 15 June 2026 (RBI/TMD1/YP/06/2026-27/01) |
| Last date to apply | 6 July 2026 |
| Apply to | yphrmdco@rbi.org.in (email only) |
| Tentative joining | August – October 2026 |
Also hiring in cyber: Delhi's Forensic Science Laboratory has 81 openings — see 81 Cyber Forensic Jobs in Delhi: DSSSB Recruitment 2026.
Frequently asked questions
Is this a permanent RBI job? No. It is a fixed-term contract engagement (initially three years, extendable up to five) and does not create an employer-employee relationship or any claim to RBI employment.
What is the stipend? A fixed ₹1,50,000 per month, subject to tax, with no other allowances or benefits.
Do I need work experience for the cyber post? A postgraduate qualification in a relevant field is essential; relevant experience and certifications (CISSP, CISM, CEH, ISO 27001, cloud security) are desirable, not mandatory.
Where is it based? The RBI Central Office in Mumbai.
How do I apply? By email only, to yphrmdco@rbi.org.in, using the prescribed proforma and the exact subject line, with PDF attachments under 5 MB.
When is the last date? 6 July 2026.
Source: Reserve Bank of India, "Engagement of Young Professionals in Reserve Bank of India", Advertisement No. RBI/TMD1/YP/06/2026-27/01 (PDF), dated 15 June 2026. Applicants should rely on the official advertisement for complete post-wise eligibility, terms, and the application proforma.