The notification of SEBI Grade A 2020 Application and vacancies has already been released. The number of vacancies, salary structure, job description and overall career prospects are some of the major factors that Candidates applying for SEBI Grade A 2020 consider. Aspirants can join SEBI as assistant managers and can grow to the position of chairman eventually.
Therefore, there is no dilemma that it is a golden opportunity for the candidates who are looking for a banking-based job. SEBI is offering 140+ vacancies through this exam. With the notification, SEBI also assured the Job-profile as well as Exam Pattern. Check SEBI Grade A: Exam Pattern, Marking Scheme and Syllabus.
Here in this article, we will discuss minutely the SEBI Grade A 2020 Salary Structure, work-profile, job-role, roles and responsibilities, career growth, salary perks and other benefits of this post.
SEBI Assistant Manager Grade A 2020 vacancy details have been released along with the official notification. A total of 147 vacancies are released for the Assistant Manager Post of 2020. Here is a detailed vacancy list of SEBI Grade A 2020:
|Stream||Number of posts|
The pay scale of Grade A manager is INR28150-1550(4)-343501750(7)-46600-EB-1750(4) -53600- 2000(1)-55600 (17 years). Taking into account allowances, the gross emolument scale is approx. Rs. 1, 07,000/- per month without accommodation and INR 73,000/- per month with accommodation.
The salary structure can be a bit confusing. To clarify the confusion the candidates are facing related to the salary structure of an Assistant Manager (Grade A), the following paragraph, and the mist will be cleared:
Along with the basic pay, an Assistant Manager of SEBI receives various allowances and benefits which is really tempting. In this following section, there is a full list of allowances and benefits:
|Grade||Scale in INR|
|Junior Assistant||13150-750(3)-15400-900(4)-19000-1200(6)-26200-1300(2)28800-1480(3)-33240-1750(1)-34990 (20 years)|
|Grade 'A'||28150-1550(4)-34350-1750(7)- 46600-EB-1750(4)-53600-2000(1)- 55600 (17 years)|
|Grade 'B||35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400 (16 years)|
|Grade 'C’||49000-1750(3)-54250-1900(2)- 58050-2000(4)-66050-EB-2000(2)- 70050-2150(1) -72200 (13 years)|
|Grade 'D'||68500-2150(2)-72800-2250(6)-86300 (9 years)|
|Grade 'E'||72800-2250(1)-75050-2400(2)- 79850-2500(3)-87350-3000(5)- 102350 (12 years)|
|Grade 'F'||101900-3000(4)-113900 (5 years)|
|Executive Director||120500-3500(2)-127500 (3 years)|
There are chances that offices can be posted and transferred to any location in India or even UTs as per the requirements of various branches around the nation. A SEBI Grade A Officer is under probation for 2 years from the time of her/his joining. After successful completion of the Probationary period, the selected candidate is made a permanent Officer of SEBI. Also, there is a bond or contract during the provision period.
As mentioned in the eligibility, SEBI 2020 is recruiting several candidates from various streams. Each stream or department has a specific set of functions which you would have to perform. These functions and duties would be made clear to you after joining & also in training. No matter what of the Department/Stream, All the duties and responsibilities of SEBI Grade A Officer are in line with the overall responsibilities of SEBI as an organization. These responsibilities are as follows:
Grade A officer is the entry-level manager in SEBI Organization. One can expect to become an executive director which is top-level in this national organization. The Executive director can also be promoted to the post of Chairman. Promotions depend on the availability of the posts, vacancies, work-done in the organization etc. However, being promoted from one post to another can take at least 5-6 years.
The salary and job profile is very lucrative and respectable in the organization which is a primary reason behind so many candidates competing for it every year. The very limited number of vacancies makes the competition tougher than ever. We hope this information guides you in making better decisions and wishes you the very best for the exam!
Ques. What are the working hours of SEBI Grade A Officers?
Ans. The normal office timings of a SEBI Grade A Officer is from 9:00 AM to 5:00 PM. These timings may vary based on the workload or department or circumstances.
Ques. Will there be any training after being selected in SEBI Grade A 2020?
Ans, After you are being selected as a SEBI Grade A officer, you must undergo a compulsory training program which is conducted and maintained at SEBI Headquarters in Mumbai.
*The article might have information for the previous academic years, please refer the official website of the exam.