Associate Manager/ Manager Compliance

Mumbai /
Department – Legal & Compliance /
The Upstox Story:

Upstox is one of India's leading Fin-Tech companies with a mission to simplify trading & investing to make it easily accessible to the masses. We aim to enable everyone, from new investors to seasoned traders, to invest across multiple categories with our state-of-the-art trade & investment platform and commission-free pricing. We offer numerous asset categories to invest in, like Stocks, IPOs, Mutual Funds, and more.  

By focusing on our customers’ needs and equipping them with personalized yet powerful tools, we witnessed a steep growth of 800% in our customer base from 25 Thousand in 2017 to 2 Lakh in 2019. With 1500% growth in 2020, currently, over 10 million customers trust us with their investment decisions, thus setting us on the course to become an industry-leader in the country. 

Our mission is simple - to break down the complexities of investing and make it more effortless, accessible, affordable, and easy for the masses to adopt. This key principle when infused with intuitive design and leading-edge technology will help us empower every Indian to take control of their investments. 

RKSV Securities was founded by Ravi Kumar and Shrinivas Viswanath in 2009 and was soon graced by Kavitha Subramanian as the third co-founder in 2016. Backed by Ratan Tata, Upstox had raised $4 million in Series A funding in early 2016 that was led by Kalaari Capital. The Series B funding round scaled multifold and witnessed an investment of $25 million by US-based investment firm - Tiger Global Management in September 2019.
We have a team of highly skilled technology and finance professionals, and are currently looking for highly motivated field experts to be part of our high-energy team.

Position: Associate Manager/ Manager - Compliance

About Team:
Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firms culture of compliance. Compliance assess the firms compliance, regulatory and reputational risk, monitors for compliance with new or amended laws , rules , regulations and guidelines, designs and implements controls, policies , procedure, conducts surveillance , monitors for compliance risks and breaches and leads the firms response to regulatory examination, audits and inquiries.

We are looking for who possess sound judgment, adaptable to changing regulatory landscape . You will be part of a team with members from a wide range of academic and professional background.

Job Role:
Very good understanding of regulatory policies, various circular of SEBI/ NSE/ BSE and depositories with the ability to apply regulatory concepts in the day-to-day job functions. You must possess experience in conducting thorough research on higher risk customers and using systems and databases for investigative purposes with the ability to review high risk client activity and identify unusual patterns.
Previous experience covering Institution level / Broker Dealer business in an Regulatory capacity is needed.
Job requirements and responsibilities :
1. Participating in the planning , executing and reporting of compliance assurance reviews an compliance and regulatory issue validation activities for a component of policy line & function 
2. Liasioning with Exchanges on everyday basis 
3. Managing Inspections carried out by Exchanges, Depositories and SEBI 
4. Managing internal audits of Depositories and Exchanges 
5. Submission of Enhanced supervision data and other Exchange reporting’s on a timely manner 
6. Interpreting and sending Exchange & SEBI circulars, Implementation of the circulars 
7. Seeking regulatory approvals for Advertisements and any other changes as proposed by Management etc
8. KYC Compliance and monitoring of compliance functions
9. Preparation, submission, and uploading Annual return & Compliance to the exchanges. 
10. Handling investors complaints escalated to Exchanges 
11. Presenting case before IGRP or Arbitration 
12. Controls testing , preparing policies, procedures for compliance 
13. Timely updating Policies and procedures in line with Exchange guidelines 
14. Evaluating new regulatory guidelines and implementation
15. Handling internal audits and implementation 
16. Preparation and submission of MIS and status reports
17. Reviewing & updating company forms and internal documents in line with applicable stock broking / DP guidelines
18. Updating official Website with new developments
19. Coordinate issues, finding and practices, Implementing , monitoring and adherence to compliance related to SEBI, Exchanges and depositories
Experience - 5-10 yrs relevant exp.
Required Qualifications:
1. Excellent Communications & Analytical skills
2. If the candidate had handled inspection of NSE/BSE/SEBI that would be an added advantage
3. Must be from similar backgrounds
4. Adaptable to change and working with fast pace of growing organization
5. Preference shall be given to candidates having certification of NISM Series VII: Securities Operations and Risk Management Certification Examination, NISM-Series-VIII: Equity Derivatives Certification Examination, NISM Series I: Currency Derivatives Certification Examination

Psst… tips on how you can beat the competition: 
If you can showcase your abilities to:
·  Be self-driven / quick starter
·  Have an ownership mindset
·  Aggressively drive and deliver results 

 A basic requirement but one that many forget: Make sure you go through our websitedownload our app and give us feedback!