Sebi invites applications to hire 25 officials in legal department. Check qualification and other details
2 min read 22 Jun 2023, 07:42 PM ISTCandidates having a bachelor’s degree in law from a recognized university/institute can apply for the posts through online mode till July 9
PremiumThe Securities And Exchange Board of India (Sebi) Thursday invited applications for 25 vacancies for the post of Office Grade A (Assistant Manager) under legal department.
Candidates having a bachelor’s degree in law from a recognized university/institute can apply for the posts through online mode till July 9. The capital markets regulator will conduct online examinations for the recruitment of these positions during August-September.
As per the age limit mentioned in the SEBI Grade A Notification 2023, a candidate must not have exceeded the age of 30 years as on May 31, 2023, i.e., the candidate must have been born on or after June 01, 1993. Interested candidates fulfilling the eligibility criteria can apply online through the official website of the Sebi.
Mode of selection shall be a three stage process i.e. Phase I (on-line screening examination consisting of two papers of 100 marks each), Phase II (on-line examination consisting of two papers of 100 marks each) and Phase III (Interview).
As per the official notification, the selected candidate will be engaged for a period of 2 years.
The selected candidates will have a pay scale of ₹ 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years).
The markets regulator has also cautioned candidates against falling prey to any unscrupulous elements who may try to deceive them by false promises of securing jobs in the regulator, according to a public notice.
Earlier, in July 2022, Sebi invited applications for as many as 24 senior-level executives in the information technology department. Before that, in January last year, the markets regulator had earlier invited applications for the recruitment of 120 Officer Grade A (Assistant Manager) in different streams.
Formed by the government in 1988, Sebi was given statutory powers after the passage of the Sebi Act in 1992 after the Harshad Mehta scam hit the Indian markets. It regulates business in stock exchanges and other securities markets, registers and regulates various market intermediaries, including brokers, merchant bankers, registrars, portfolio managers and investment advisers, as well as foreign portfolio investors, credit rating agencies, mutual funds and venture capital funds.
Sebi is also mandated to check fraudulent and unfair trade practices, insider trading and other manipulative activities.