Criteria to be selected as Senior Analyst - Risk and Compliance(as on 01-04-2024):
Must have a Postgraduate degree in Finance, Economics, or Risk Management with minimum 70% marks.
Should have work experience of 5-8 years, out of which minimum 3 years must be in risk/compliance domain.
Age must be between 30 and 40 years.
Must have cleared at least one international certification such as CFA, FRM, or CAMS.
Special Clause:
If the candidate has only 60-69% marks in PG, but holds 2 certifications (from CFA, FRM, CAMS), and more than 7 years of experience, refer to Director of Risk Oversight.
If the candidate is underage by less than 6 months, refer to CEO's desk.
Case:
Rajat holds a PG in Economics with 67%, has 7.5 years of experience (including 3.5 years in compliance), and holds CFA and FRM certifications. He is 29 years and 7 months old as of 01-04-2024.
Question: What should be done in Rajat's case?
Show answer & explanation
Correct answer: B
Explanation
Rajat has 67% marks but meets the special clause (2 certifications + 7.5 years experience), so eligible for Director review. However, he is underage by 5 months, which falls under the age exception.
Hence, refer to CEO’s desk.
Correct answer is option 2.