SEBI Grade A Officer Job ProfileSEBI Grade A Job Profile
- The SEBI Grade A employees are responsible for managing legal issues related to the legal framework of SEBI.
- As SEBI Grade A Officers, they need to solve all the issues regarding the market securities, Indexes, commodities, etc.
- Responsible for the regulation of venture capital funds, collective investment schemes, foreign venture capital investors, mutual funds, etc
- Responsible for performing multiple tasks in the IT Department.
- As SEBI Grade A Assistant Managers, they need to handle the acquisition and mergers of the organization and also take care of issues pertaining to the legal framework and the organization
SEBI Grade A: Career GrowthSEBI Grade A: Career Growth
The SEBI Grade A Assistant Manager position is a entry-level position position. Grade A Officer is the entry-level position in SEBI (Assistant Manager). Depending on their performance and competence, employees who are employed as assistant managers may rise to other positions. The highest position at the Securities and Exchange Board of India (SEBI) that may be advanced from Assistant Manager is Executive Director. Read the following promotion cycle.
- Assistant Manager (Grade A)
- Manager (Grade B)
- Assistant General Manager (Grade C)
- Deputy General Manager (Grade D)
- General Manager (Grade E)
- Chief General Manager (Grade F)
- Executive Director
From Grade B, Grade C, Grade D, Grade E and Grade F up to the position of Executive Director, a candidate follows the growth route. Additionally, the Executive Director has the option of being promoted to Chairman. The availability of positions, opportunities, operational work, etc., is a requirement for promotions. But it will take at least 5 to 6 years to move up in a position.
SEBI Grade A Salary StructureSEBI Grade A Salary Structure
According to the Security and Exchange Board of India’s official notification, every Grade A Officer will receive a base salary of Rs 28150 at first, followed by 4 annual raises of Rs 1550 at the end of the fifth year, and then Rs 55600 after 17 years.
The Assistant Manager salary range at SEBI is Rs 1,06,000 with housing and Rs 1,40,500 without housing, according to the 2022 notification, for applicants who have successfully completed the SEBI Grade A Selection Process. For the 2023 exam cycle, it is expected that the SEBI Grade A recruits’ monthly salary will follow a similar pattern.
Along with their basic pay, SEBI Grade A officers also receive the following additional benefits and perks:
- House Rent Allowance (optional)
- Quarterly Allowances
- Monthly Petrol Allowance (100-200 liters)
- Local Allowances
- Dearness Allowances
Therefore, the total SEBI Grade A income with housing is approximately Rs 73000 and without housing is approximately Rs 107000.
Candidates for SEBI Grade A who are recruited successfully must go through a two-year probationary period. Once the candidates have satisfactorily completed their probationary period, they will be confirmed to withstand the services of SEBI.
The following lists the details of salaries, including numerous allowances:
SEBI Grade A Officer ( Assistant Manager) Salary
|
Components
|
Salary Details
|
Pay Scale
|
Rs. 44500-2500-54580-2850-74450-EB-2850-85850-3300-89150
|
House Rent Allowance
|
Rs 34500
|
Quarterly Allowances
|
Rs 24000
|
Petrol Allowances
|
Rs 15000
|
In-Hand Salary (includes Basic Pay and after all deductions)
|
Rs 55000
|