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SEBI 2021 Jobs Recruitment Notification of Whole Time Member Posts

SEBI 2021 Jobs Recruitment Notification of Whole Time Member Posts
SEBI 2021 Jobs Recruitment Notification. SEBI inviting applications for the positions of Whole Time Member . Interested and Eligible candidates can apply for the positions.

Last Date for Submission of Application is on 30th April, 2021.

No.of Posts and Vacancies :-
Whole Time Member - 2 Posts

Qualification Details:

Filling up the post of Whole Time Member, Securities and Exchange Board of India (SEBI)

Applications are invited from the eligible candidates for filling up the post of Whole Time Member (WTM) in Securities and Exchange Board of India (SEBI). The Whole Time Member shall have an option to receive pay —

(a) as admissible to a Additional Secretary to the Government of India; or

(b) a consolidated salary of Rs. 4,00,000/- (Rupee four lakh only) per month as recommended by the Seventh Pay Commission and subsequently accepted by the Government vide Resolution dated 25th July 2016.

1. Post Name: Whole Time Member

2. Salary: Consolidated salary of Rs. 4,00,000/- (Rupee four lakh only) per month

3. Number of Post: 02 (two)

4. Scale of Pay: The Whole Time Member shall have an option to receive pay — (a) as admissible to a Additional Secretary to the Government of India; or (b) a consolidated salary of Rs. 4,00,000/- (Rupee four lakh only) per month as recommended by the Seventh Pay Commission and subsequently accepted by the Government vide Resolution dated 25th July 2016.

5. Eligibility Conditions: 

i. A person of ability, integrity and standing who has shown capacity in dealing with problems relating to securities markets or has special knowledge or experience of law, finance, economics, accountancy, administration or in any other discipline, which in the opinion of the Central Government shall be useful to the Board.

ii. The Whole Time Member should be a person who does not, and will not have any such financial or other interests as are likely to affect prejudicially his functions as the Whole Time Member.

iii. The terms and conditions of service of the Whole Time Member will be regulated by the Securities and Exchange Board of India (Terms and Conditions of Service of Chairman and Members) Rules, 1992, as amended from time to time. The Whole Time Member shall hold office for such period not exceeding 5 years and shall not hold office beyond 65 years of age, whichever is earlier, and will be eligible for re-appointment.

6. F. No. 2/1/2021-RE

Address :
Deputy Secretary (RE), Financial Markets Division, Department of Economic Affairs, Ministry of Finance, Room No. 71B, North Block, New Delhi 110 001

Selection Process :
The appointment shall be made by the Central Government on the recommendation of the Financial Sector Regulatory Appointments Search Committee (FSRASC) as provided in the SEBI (Terms and Conditions of Service of the Chairman and Members) Rules, 1992. It may, however, be noted that the FSRASC is free to identify and recommend any other person also, who has not applied for the post, on the basis of merit.

How to Apply :
1. Applications of eligible candidates in the prescribed proforma along with attested copies of Annual Confidential Reports (ACRs)/APARs for the last five years, Vigilance Clearance and No Penalty and Integrity Certificate (in respect of serving Government Servants and employees of PSUs, Academic and Research Institutions / Universities, etc.) may be forwarded through proper channel. so as to reach the undersigned on or before 30th April 2021 at the following address:

2. Deputy Secretary (RE), Financial Markets Division, Department of Economic Affairs, Ministry of Finance, Room No. 71B, North Block, New Delhi 110 001

3. Incomplete applications and applications received after the last date shall not be considered.

Official Notification


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