SEBI Grade A Legal Officer Vacancy 2024: Reservation Details

Overview: The Securities and Exchange Board of India (SEBI) regulates India's securities market and protects investors. In 2024, there is a great opportunity for legal professionals to join SEBI as Grade A Legal Officers. Responsibilities include drafting legal documents, investigating malpractices, amending stock exchange by-laws, etc.

This guide covers the vacancy, eligibility, available positions, and selection process for interested candidates. Let's get started!

Looking for more details on the exam? Check out the SEBI Grade A Legal Officer 2024 page! 

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SEBI Grade 'A' Legal Officer Vacancy Details 

Based on the recently announced SEBI notification for the recruitment of Officer Grade A (Assistant Manager) in the Legal Stream for 2024, the vacancy details are as follows:

• SEBI Legal Officer Vacancy 2024 Announcement: The official notification for SEBI 2024 states that there are five vacancies for Grade 'A' Legal Officer.

• Reservations: As per applicable laws, candidates from OBC (NCL), EWSs, SC, ST, and PwBD groups will be given appropriate reservations.

 Selection Process 

The selection process for the SEBI legal officer vacancy 2024 is designed to identify the most qualified candidates through a rigorous, multi-stage process:

• Phase I (Online Screening Examination):

  • Consists of two papers with multiple-choice questions.
  • The total marks for each paper are 100, with a duration of 60 and 40 minutes, respectively.
  • Includes negative markings for incorrect answers.
  • Minimum cutoffs are set for each paper and the aggregate score.

• Phase II (Online Examination):

  • Also comprises two papers, including a descriptive test.
  • Each paper carries 100 marks, with a different duration for each.
  • Negative marking is applicable for the multiple-choice section.
  • Candidates need to meet the minimum cutoffs for each paper and overall.

• Phase III (Interview):

  • Only candidates clearing Phase II are shortlisted for the interview.
  • The interview carries a significant weightage in the final selection.
  • Marks obtained in Phase II and relevant post-qualification experience contribute to the interview score.

Note: The SEBI Grade A legal officer vacancy 2024 offers opportunities for various categories. It adheres to government norms for age relaxation and ensures inclusivity in its recruitment process.

Read More: SEBI Legal Officer Application Form 2024

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SEBI Legal Officer Eligibility Criteria 

Eligibility Criteria for SEBI Legal Officer Vacancy 2024:

• Educational Qualification:

  • Mandatory: Bachelor’s Degree in Law from a recognized University or Institute.
  • This ensures candidates have essential legal knowledge for the SEBI Legal Officer role.

• Age Limit (as of March 31, 2024):

  • Maximum Age: 30 years.
  • Age relaxation applies for specific categories:
    • SC/ST: Up to 5 years.
    • OBC (Non-Creamy Layer): Up to 3 years.
    • Persons with Benchmark Disabilities (PwBD): Up to 10 years (further relaxation for PwBD candidates from OBC/SC/ST categories).
    • Ex-servicemen: 5 years.

Read More: SEBI Legal Officer Eligibility 2024

⬇️ Download SEBI Legal Officer Question Paper (Solved)

Salary and Career Prospects 

The SEBI legal officer vacancy 2024 offers promising salary and career prospects, as detailed in the SEBI notification:

• Salary and Benefits:

  • The gross monthly emolument for Officer Grade A in Mumbai is approximately ₹149500 without accommodation.
  • This package includes various allowances such as Dearness Allowance, Family Allowance, Local Allowance, and Learning Allowance.
  • Benefits such as Leave Fare Concession, Medical Expenses, and Eye Refraction are also provided.

• Career Prospects:

  • SEBI offers substantial opportunities for professional growth and development.
  • Employees may be assigned to different departments, providing diverse experiences.
  • The organization encourages continuous learning and skill enhancement.

These aspects highlight the SEBI Grade A legal officer vacancy 2024 as financially rewarding and beneficial for long-term career development.

Check: SEBI Legal Officer Salary 2024

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Examination Centers 

Candidates applying for the SEBI legal officer vacancy 2024 should be aware of the following details regarding the examination centres:

• Phase I Examination Centers: The Phase I online examination for the SEBI Law Officer Vacancy 2024 will be held in various cities across India, providing a wide range of options for candidates. This ensures that candidates from different regions can easily access the examination.

• Selection of Centers: When filling out their online application, candidates can choose up to three preferred cities for the Phase I examination. This choice helps accommodate personal convenience and accessibility.

• Phase II Examination Centers: The Phase II online examination locations are predetermined. These include cities like Agartala, Hyderabad, Ahmedabad, Indore, Bengaluru, Guwahati, Bhilai, Jaipur, Bhopal, Kochi, Bhubaneswar, Kolkata, Chandigarh/Mohali, Lucknow, Chennai, Mumbai/Greater Mumbai/Navi Mumbai/Thane/MMR region, Chhatrapati Sambhajinagar (Aurangabad), Nagpur, Dibrugarh, New Delhi/NCR, Noida, Panaji, Patna, Pune, Ranchi, Silchar, Thiruvananthapuram, Varanasi, and Vijayawada. For Phase II, candidates can only select one city.

• Convenience and Accessibility: The distribution of these centres across major cities in India ensures that the SEBI Grade A legal officer vacancy 2024 is accessible to a diverse group of candidates, regardless of their geographic location.

• Strategic Locations: These centres are chosen strategically to cover a wide geographic area, making it convenient for candidates to reach the centres without incurring significant travel expenses.

Check: SEBI Legal Officer Exam Pattern 2024

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 Key Takeaways 

• SEBI Legal Officer Vacancy 2024 Announcement: 5 positions are open for SEBI Legal Officer Grade 'A' in 2024, with detailed eligibility and reservation guidelines provided.
• Eligibility: Candidates must have a Bachelor’s Degree in Law and be under 30, with age relaxation for reserved categories.
• Selection Process: A three-stage process (two online exams and an interview) evaluates candidates rigorously.
• Salary and Benefits: A lucrative package (₹1,49,500 monthly without accommodation) alongside substantial career growth prospects.
• Examination Centers: Wide geographic coverage ensures convenient access for candidates across India.
• Application Date: Mark April 13, 2024, for the official notification and application link.