Machine Learning Officer — Market Surveillance

About this Machine Learning Officer role at Securities and Exchange Board of India (SEBI)

SEBI, India's financial regulator, is hiring Machine Learning Officers for its Market Surveillance Department in Mumbai on a 2-year renewable contract. This is a direct-application role — no entrance exam — where you'll work on fraud detection and market anomaly detection systems that protect India's securities markets. If you're a mid-level ML engineer with financial markets experience, this is a high-impact government role with ₹1,30,000–₹1,80,000/month compensation.

What you'll do

• Build and deploy machine learning models (XGBoost, transformer-based architectures) to detect fraudulent trading patterns and market manipulation in real-time surveillance systems
• Develop time-series anomaly detection pipelines using autoencoders and advanced deep learning to flag suspicious market behavior across exchanges
• Write production Python code and SQL queries to process large-scale financial datasets, integrating raw market data into feature pipelines for model training
• Design and evaluate ML models that meet regulatory compliance standards, ensuring transparency and explainability for audit and enforcement teams
• Collaborate with market surveillance analysts and compliance officers to refine model thresholds and interpret model outputs for actionable intelligence

Who should apply

You need a B.Tech or M.Tech degree and at least 4+ years of experience applying machine learning to financial markets, fraud detection, or anomaly detection. This is a mid-level role suited for engineers who already know Python, XGBoost, and transformer-based models; who can write clean SQL; and who have hands-on experience with large-scale data processing. Regulatory awareness is a plus — if you've worked in fintech or compliance tech, even better. Freshers need not apply; SEBI is looking for practitioners ready to contribute immediately.

Salary & offer in context

SEBI offers ₹1,30,000–₹1,80,000 per month for this contract role. For context, mid-level ML Engineer salaries in India typically range ₹80,000–₹1,60,000/month in private tech; SEBI's offer places you in the upper band, reflecting the seniority and regulatory criticality of the work. This is a government role with job security, fixed tenure, and potential renewal, so total compensation (salary + stability) compares well to private-sector AI engineer positions.

Path to apply

This is a direct-application role — no competitive exam required. Visit sebi.gov.in/recruitment and submit your application through the online portal. The deadline is June 4, 2026, so if you're ready, apply soon. You'll go through a technical assessment (likely coding + ML theory) and an interview before final selection.