SEBI Grade A Interview 2022: Interview Preparation for Legal Stream

The SEBI Grade A Phase 2 exam was held on March 20, 2022 and the result of the same has also been declared. Now that Phase 2 is out of the way, it is time to gear up for the last stage of the SEBI Grade A 2022 recruitment process i.e. SEBI Grade A Interview. Furthermore, the SEBI Grade A 2022 Interview is expected to be held in the last week of April.

In this blog, we will discuss the dos and don’ts of the SEBI Grade A Interview 2022 for the Legal stream. Therefore, we urge you to read the information provided below carefully.

SEBI Grade A Interview 2022: Interview Preparation for Legal Stream

SEBI Grade A 2022 Interview

Candidates who clear the Phase 2 exam will be called for the SEBI Grade A 2022 Interview. The SEBI Grade A Interview will carry a weightage of 15 percent of the total marks. Even though the Interview carries a lesser weightage as compared to the Phase 2 weightage, it is essential to prepare well for the Interview. This is because Interview marks will be added to the Phase 2 marks for making the final merit list. Therefore, it is imperative that you start your Interview preparation right away and not wait for Phase 2 results. Moreover, starting your preparation early will give you an edge over other candidates.

SEBI Grade A Law Officer 2022: Interview Preparation Tips

Why prepare for an Interview?

Interview is the most important stage in the selection process of any organisation and SEBI is no different. Therefore, it is imperative that you don’t take this opportunity lightly and prepare accordingly. Moreover, an Interview enables the panel to judge the candidates’ personality, mindset, attitude and confidence.

During the Interview you must keep three things in mind-

1.Receive

This means that you must receive and understand the question properly. Most of the time, the questions asked will have multiple elements to it, listen to them carefully.

2.Process

After you have received the question, take a second to pause and process what is being asked and then respond with clarity.

3.Respond

Once you have processed and formulated an answer to the question, you must give a clear and coherent answer. A well formulated and thought out answer will show your confidence and clarity to the panel. Please make sure that you do not contradict yourself while answering the question.

In the Interview, you will be judged on the following things-

Personal Questions

Firstly, in an interview, the objective of the panel is to test your personality and not your knowledge.
Therefore, the intention of the panel will be to understand your personality. This will enable the panel to judge the suitability of the candidate.
They will ask you questions with respect to your education, professional and personal background, hobbies, etc.
A well prepared answer to this question will enable you to create a good first impression in front of the panel. However, while preparing your answer for this question, you must ensure that it sounds natural.
Moreover, you must try to highlight points that are not mentioned in your resume. For instance, your skills, accomplishments, etc.
Most importantly, you must mention only those points of which you are sure of and can answer confidently.

Technical Questions

Questions related to SEBI

Since you are appearing for the SEBI Grade A Interview, it is also essential to have a fair idea about the organisation that you aspire to work for. You must keep in mind the following things-

History of SEBI (Formation, Parent Department, Child Agencies etc.)
Role, Objectives, Responsibilities, Powers and Functions of SEBI
Rules & Regulations of SEBI (SEBI like SEBI LODR Regulations, SEBI Insider Trading Regulations, SEBI SAST Regulations, etc)
How SEBI regulates the financial markets
Basic concepts relating to the capital market
Know about the peer organisations- RBI, PFRDA, IRDAI and how they work together with SEBI in maintaining economic growth.

Subject Related Questions

Be thorough with all the laws related to SEBI like the SEBI Act, SC(R) Act Depositories Act and key highlights of Companies Act.
Moreover, you must also know the basics of Admin Law and Constitution law.
Fines and restrictions imposed by SEBI on various Banks and individuals.
Read important SAT orders.
Have a basic understanding of the major scams which affected the securities market and led to changes in the Securities law as we know today. For instance, Harshad Mehta Scam, PNB Scam, Sahara Case, etc.
Recent amendments in SEBI Act, SC(R) Act, Depositories Act, Companies Act, IBC Act, etc.
Furthermore, you should be well-versed with the interlinkages of the various Acts.

Job Profile Questions

You must have some idea about the job profile of a SEBI Grade A Law Officer since you are appearing for the SEBI Grade A Legal Officer Interview. There is a possibility that the panel may ask you some questions about the job profile.

The Legal Department of SEBI has three divisions. If you get selected as a SEBI Grade A Legal Officer, you may get posted in one of the departments mentioned below-

Enforcement Department- 1:

This division is responsible for enforcing action against market misdemeanors through SEBI administrative proceedings.

Enforcement Department- 2:

This Department is responsible for handling Appeals against SEBI orders filed before the Hon’ble Securities Appellate Tribunal (SAT), Appeals filed against the SAT order in the Hon’ble Supreme Court, Criminal Complaints filed by SEBI in appropriate Courts and Settlement Proceedings. EFD-2 Comprises of three divisions, namely:

SAT Litigation
Prosecution Division
Settlement Division

Enquiries & Adjudication Department

This Department handles quasi-judicial matters and provides timely hearings and initiates adjudication brought by the other Departments against alleged violators who are within SEBI’s disciplinary jurisdiction.

SEBI Grade A Law Officer 2022: General Preparation Tips

Given below are some tips that will help you in your SEBI Grade A Legal Officer Interview Preparation-

Sometimes candidates are under the impression that an Interview is a chit-chat session with the panel. However, that is not the case. Therefore, it would be a mistake to assume that you can crack the SEBI Grade A Interview by preparing overnight. We urge you to start your preparation as soon as possible.
Practice with mock interviews to understand where you are at with your preparation. Mock Interviews will also help you in reducing your pre-interview anxiety and boost your confidence.
Questions may also be asked from your resume, therefore, you must go through your resume and prepare a list of probable questions.
Have a general idea about the key highlights of the Union Budget 2022 & Economic Survey 2022.
During your interview, there may come a point where you are asked a question to which you don’t know the answer, politely tell the panel that. We advise you to not make up answers as the interviewers are experts in their fields.
Listen to the question carefully and do not be in a rush to answer.
Dress neatly and formally.
Most importantly, focus on your body language and voice modulation. This will help you immensely on the day of the Interview.

Sample Interview Questions

Tell us something about yourself.
Why do you want to work with SEBI?
As a law graduate, how will you contribute to SEBI?
Explain the gap in your resume. (if any)
What are the main functions of SEBI?
Explain the Sahara case in brief.
What are the primary laws which regulate the Securities Market and how do they protect the interest of the investors?
What is the role of FPI in the financial market of the country?
Why is the Stock Market important for a country?
What is the difference between SEBI and RBI?
Why is there so much delay in the corporate debt market development?
When can SEBI pass interim orders?
What is an IPO and which laws regulate IPOs in India?
What is a stock market bubble?
Why was the stock market at an all time high during the Covid-19 pandemic?
Explain the Tata vs. Mistry case in brief. What was the Supreme Court’s comment on the rights of the Minority Shareholders?
What are Futures & Options?
Why does the stock market crash?
Are SEBI employees allowed to trade?
What are your strengths and weaknesses?

Interview Preparation with IxamBee

Prepare for your Interview with our panel of experts (ex-RBI, NABARD, SEBI Grade A, NHB, SIBDI, BANK PO) with our SEBI Grade A Interview Online Course. Experts will help you prepare through mock interviews for all aspects of the Interview like:

Preparation Strategy
Technical & Behavioural Skills
Verbal and non-verbal communication
Relevant interview topics
Tricks to tackle tricky questions

All the Best!

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