Associate Manager - Legal
Mumbai
Department – Legal & Compliance /
Full-time /
On-site
Company: Upstox
Location: Mumbai
Work arrangement: 5 days in the office
About us:
At Upstox, we’re building the future of investing — simple, powerful, and for everyone. We're one of India’s fastest-growing fintech platforms, backed by the best in the business, including Mr. Ratan Tata and Tiger Global, and on a mission to make wealth creation accessible to every Indian. From first-time investors to seasoned traders, millions trust us to power their financial journeys. We're not just moving fast — we’re moving with purpose. If you thrive in a high-energy, high-impact environment, you're in the right place.
Position Overview
We are looking for an Associate Manager – Legal to join our team. You will manage legal matters at the stockbroker level while overseeing group-wide legal activities. This role is pivotal in supporting the group’s strategic expansion into new domains within the broader financial services sector.
What You'll Own
1. Contract Management
- Manage the entire contract lifecycle in timely manner, including drafting, reviewing, and negotiating contracts to ensure alignment with legal standards, organizational objectives, and risk mitigation practices. Drive the digitization of contracts and SOPs to streamline contract processes across initiation, approval, execution, storage, and renewals. Collaborate with internal stakeholders to meet contractual obligations, address disputes, and ensure
compliance with regulatory requirements (e.g., SEBI, IRDAI, RBI guidelines, etc.)
- Monitor and mitigate contract-related risks, provide performance reports, and conduct training sessions for internal teams to ensure awareness and compliance. Continuously recommend process improvements and stay updated on regulatory changes and industry best practices to enhance contract management operations
2. Legal Advisory
- Develop and oversee a comprehensive compliance framework in line with financial regulations
- Draft / negotiate contracts, ensuring alignment with regulatory /industry standards
3. Policy Implementation and Development
- Establish compliance policies, SOPs, and procedures addressing regulatory requirements, AML/ KYC requirements, data privacy, etc
- Manage ongoing audits, compliance checks, and regulatory updates
- Regularly update policies to reflect regulatory changes, ensuring smooth integration into daily operations
4. Cross-Functional Collaboration and Training
- Work with product, tech, and operations teams to ensure compliance integration across products and services
- Develop and deliver compliance training programs to increase team awareness of regulations and policies
- Advise internal teams on compliance considerations for new products and initiatives
Who You Are
Education & Experience:
- Bachelor’s degree in law (LLB) with preferred ICSI membership; additional certifications in regulatory compliance, AML/KYC, or data protection are advantageous.
- 6-10 years in legal role, with 3-5 years in regulatory liaison, ideally within BFSI or litigation.
- Background in dispute resolution and interaction with police officials is a plus.
Skills:
- Knowledge in BFSI regulations, contract negotiation, compliance management, and regulatory filings.
- Strong policy and contract drafting abilities, audit, risk management, and early-stage compliance experience.
- Excellent communication, organizational, and leadership skills with a proactive,
entrepreneurial approach.
- Awareness of emerging AI regulations and their implications on BFSI and compliance.
Why This Role Rocks
You’ll build at scale — powering a fintech platform trusted by millions of active users.
You’ll work on cutting-edge team
You’ll have high ownership and visibility
You’ll join a team of smart, driven professional who thrive on solving big, meaningful problems.
By applying for this position, you acknowledge that you have reviewed our Prospective Employee Privacy Notice, which outlines how Upstox collects, uses, and protects your Personal Information ("PI").
I accept Upstox's Prospective Employee Privacy Notice.
Upstox is an Equal Opportunity Employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status, or other characteristics.
