Senior Manager Compliance

Mumbai - India

Monthly Salary: Not Disclosed

Posted on: 16 hours ago

Vacancies: 1 Vacancy

Job Summary

Location: Mumbai

Work arrangement: 5 days in the office

About Upstox:

At Upstox were building the future of investing simple powerful and for everyone. Were one of Indias 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. Were not just moving fast were moving with purpose. If you thrive in a high-energy high-impact environment youre in the right place.

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.

Key Responsibilities:

Regulatory Compliance:

Responsible for regulatory compliance - Ensure compliance with all rules regulations byelaws circulars and other guidelines issued from time to time by the exchanges depositories SEBI and other regulatory bodies.

Manage all operational processes as per regulatory framework to ensure compliance to the regulatory guidelines.

Maintenance of process documents (SOPs) Policies trackers for ensuring adequate records are in place for easy data extraction and carryout relevant updations in the same from time to time

Handle preparation reporting and submission of necessary reports and documents to the relevant authorities in an accurate and timely manner.

Liaising with Exchanges Depositories for routine matters

Circular Tracking and Implementation:

Track and interpret circulars from all concerned regulatory bodies and conduct discussions with all stakeholders.

Understand system requirements and draft business requirementsif applicable.

Carry out the relevant changes in the processes / documents in line with the regulatory circulars / guidelines

Oversee the end to end implementation of necessary changes.

Data Analysis and Compliance Assurance:

Perform data analysis to ensure accurate reporting to regulators and exchanges.

Data collation analysis and periodic review to ensure ongoing compliance with all regulatory requirements.

Audit and Inspection Handling:

Manage all internal and external audits and inspections including data collation data verification data submission and observation responses for various audits and inspection of the broking and DP business.

Serve as the primary point of contact for auditors and inspection officials.

Prepare and present audit reports and compliance findings for review by senior management.

Management Information System (MIS) Tracking:

Maintain relevant data on an ongoing basis for preparation of MIS

Prepare and maintain MIS reports.

Analyze MIS data to support compliance and regulatory reporting.

Qualifications:

Bachelors degree in Finance Business Administration or a related field. Advanced degrees or certifications in compliance or regulatory affairs are a plus.

10 years of proven experience in regulatory compliance preferably within the financial sector

Strong analytical skills with the ability to interpret and act upon complex data.

Excellent communication skills both written and verbal with the ability to interact effectively with regulatory bodies auditors.

Strong interpersonal and teamwork skills to enable working with various internal stakeholders

Proficiency in using compliance tracking systems and other relevant software tools and understanding of system requirements.

Strong organizational skills with the ability to manage multiple projects and deadlines.

Preferred Skills:

In-depth knowledge of SEBI regulations and other relevant financial regulations.

Experience with business requirement drafting and system implementation.

Proven ability to handle audits and inspections successfully.

Strong attention to detail and commitment to maintaining high standards of compliance.

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 requirementbut one that many forget: Make sure you go throughour website download our appand give us feedback!

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 Upstoxs 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.

We may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.

Required Experience:

Senior Manager

Location: MumbaiWork arrangement: 5 days in the officeAbout Upstox:At Upstox were building the future of investing simple powerful and for everyone. Were one of Indias fastest-growing fintech platforms backed by the best in the business including Mr. Ratan Tata and Tiger Global and on a mission to ...