Sebi turns to ex-servicemen for security jobs

The hiring will be for security purposes, through an outsourcing agency for a period of one year

In a first, the stock market regulator is in need of personnel, and it is looking for retired military staff to fill those gaps.

The Securities and Exchange Board of India, or Sebi, is asking for tender applications from agencies who can provide the required manpower for a period of one year on an outsourced basis. There are a total of 59 positions in a mix of positions and responsibilities including data analysis and administration.

“Applications are invited in prescribed format for prequalification of agencies for providing Ex-Servicemen for performing administrative and technical support work like Data Analyst, Shift-in-charge (Administration) and Liaison officer, Technical (CCTV Operator and Visitor Management Operator) and General Duty,” said the July 24 notification on the regulator's website.

Sebi expects to spend Rs.2.1 crore on the contract.

The minimum qualification for data analysts is the rank of Junior Commissioned Officer not below the rank of Naib Subedar. The shift-in-charge should not be below the rank of Havaldar. Technical and general duty is to be done by non-Commissioned officers.

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The data analyst will be required to 'analyse electronic and human intelligence,' train Sebi's administrative and technical support staff. The shift-in-charge is required to act as Liaison Officer to visiting dignitaries in addition to administrative responsibilities. Technical and General Duty personnel duties include operating surveillance systems and maintaining daily records.