SEBI invites Applications under Young Professional Program

Invitation for Applications under SEBI Young Professional Program

A candidate for SEBI Young Professional Program shall be permitted to apply only for one domain. Multiple applications under the same/different domains shall lead to cancellation of candidature. Mere fulfilment of eligibility criteria shall not vest any right to the candidate for being called for interviews. The decision of the Board shall be final.

The candidate must be an Indian citizen of age not more than 30 years as on 4th Jan 2022.

The number of Young Professionals (YPs) proposed to be engaged by the Board are as follows

Domain Number of YPS
Young Professional (Securities Market Operations) 16
Young Professional (Law) 10
Young Professional (Research) 6
Young Professional (Information Technology) 6
Total 38

Education qualification for domain Young Professional (Securities Market Operations) is as under:

Post Graduate qualification (degree / 2-year diploma) in Management (with specialization in Finance) from a recognized and reputed university/ institution, with minimum 60% aggregate marks or equivalent CGPA; OR Chartered Accountant (CA) / Company Secretary (CS) / Cost Management Accountant (CMA), with minimum 55% aggregate marks in the final level of course; OR Successfully completed all 3 (three) levels of Chartered Financial Analyst (CFA) course from CFA Institute (USA).

The duration of engagement of YPs shall be 1 (one) year, which may be further extended by the Competent Authority by 2 stretches of 1 (one) year each, depending on the performance of YPs and organizational requirements. The total duration of engagement of a YP shall not exceed 3 (three) years.

The YPs shall be posted at the Head Office of the Board in Mumbai

YPs shall be paid a monthly stipend of INR 60,000 (all inclusive). Income tax or any other tax liable to be deducted as per the applicable rules will be deducted at source before effecting the payment. The Board shall not be liable for taxes or any other contribution payable by the YP on payments made to him/her under this engagement.

Application Form: The interested eligible candidates shall submit an online application through SEBI website(www.sebi.gov.in) under “Careers” section, during the application window. The online application form may be accessed at –https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doYoungProfessional2021=yes. Candidates may note that this is the only permitted mode to apply for SEBI YPP and application submitted by any other means/mode will not be accepted.

The application form shall be open for 21 days from the date of publication of the advertisement in newspapers. SEBI does not assume any responsibility for the candidates not being able to submit their applications within the last date.

The selection of YPs shall be done through a 3-step process.

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