SEBI Grade A Job Profile & Salary

SEBI has not yet made the announcement for the Grade A recruitment exam 2023. The salary range for a SEBI Grade A Assistant Manager is Rs. 1,06,000 with housing and Rs. 1,40,500 without housing. The position of Assistant Manager comes with fair pay, employment security and a wide range of duties. The Security Exchange Board of India’s (SEBI) Grade A Assistant Manager is tasked with managing various departments. To know more about the SEBI Grade A Exam, visit the linked article.

The right understanding of SEBI Grade A salary is important because it will not only address the questions but will also inspire aspirants and give them the push they require to pass the SEBI Grade A exam. The SEBI Grade A salary, along with other details and information, is significant and plays an important role. While preparing for the SEBI Grade A exam, it’s important to know the SEBI Grade A salary, work profile, promotions and career growth. All this information is given in detail in the given article.

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SEBI Grade A: Job Responsibilities

Candidates who are chosen for SEBI Grade A positions would be expected to take on a range of duties. Each profile may require various work and duties to be finished beforehand because there are five separate streams for SEBI Grade A recruitment. The following list includes some important characteristics of an Assistant Manager’s position at SEBI:

• Looking after mergers and acquisitions.
• The employee may be given multiple responsibilities in the IT department.
• Addressing legal matters: Employees will be in charge of issues involving the organization’s internal policies and legal system.
• Granting and Withholding of Stock Market Recognition.
• Dealing with issues involving market securities, commodities, indexes, etc.
• Inside Financial Markets, detect and prosecute any malpractices. 
• Inspection of stock exchange accounts and separate players. 
• Amendments of Stock Market by-laws. 
• Approval of stock market bylaws.
• Take steps to increase investors’ understanding of the capital markets.

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SEBI Grade A: Career Growth And Promotion

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.

Getting your hands on the right books may be a time-consuming and difficult task. To save the candidates time, we have compiled a selection of SEBI Grade A Exam 2022 Books, visit the linked article to get the same.

SEBI 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:

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Candidates can also check the salary details, pay scale and basic pay for other Government posts at the links given below:

SEBI Grade A Perks & Benefits

A SEBI Grade A Assistant Manager will get all allowances and perks in accordance with SEBI’s 2022 year cycle, and 2023 year cycle allowances and benefits should be comparable. These benefits are as follows:

• Conveyance Expenses
• Briefcase
• Book Grant
• Financial Dailies
• Leave Fare Concession
• Dearness Allowance
• Education Allowance
• Eye Refraction
• House Cleaning Allowance
• Family Allowance
• Local Allowance
• Benefits include:
• Subsidised Lunch Facility
• Medical Expenses
• Staff Furnishing Scheme
• Scheme for Purchasing Computers

All chosen candidates will receive training in SEBI’s headquarters in Mumbai. Any location in India where SEBI maintains offices or branches is a possible destination for the employee’s posting and transfer. Regardless of the stream, the recruited employees/officers may be placed to any SEBI department. For the purpose of advancing their careers with SEBI, candidates are typically transferred to Mumbai or offices located in large cities. 

Get the SEBI Grade A Previous Year’s Papers in the link attached.

We hope the above information was helpful and helped the aspirants in clearing their doubts. For more information about eligibility, age, vacancies, study material etc for any other government exam, follow BYJU’S.

Aspirants can check the detailed SBI PO salary structure at the linked article. Given below are a few other SBI PO related links for your reference: