Associate Director - Compliance

<div><span style="font-weight:bolder;"><span style="font-family:Arial;font-size:14px;">Job Title: </span></span><span style="font-family:Arial;font-size:14px;">Associate Director - Compliance</span></div><div><span style="font-weight:bolder;"><span style="font-family:Arial;font-size:14px;">Experience:</span></span><span style="font-family:Arial;font-size:14px;"> 12+ years </span></div><div><span style="font-weight:bolder;"><span style="font-family:Arial;font-size:14px;">Location:</span></span><span style="font-family:Arial;font-size:14px;"> Mumbai </span></div><div><span style="font-weight:bolder;"><span style="font-family:Arial;font-size:14px;">Work Arrangement:</span></span><span style="font-family:Arial;font-size:14px;"> 5 days in the office</span></div><div><br /></div><div><span style="font-weight:bolder;"><span style="font-family:Arial;font-size:14px;">About Upstox</span></span></div><div><span style="font-family:Arial;font-size:14px;">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.</span><br /><br /></div><div><span style="font-weight:bolder;"><span style="font-family:Arial;font-size:14px;">About the Role</span></span></div><div><span id="docs-internal-guid-ec65144d-7fff-2323-c631-b70e2f5c7ab9"><span style="font-size:14px;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-variant:normal;vertical-align:baseline;white-space:pre-wrap;">Own end-to-end regulatory compliance for the broking business, translating SEBI/Exchange/Depository regulations into robust internal processes, and act as a key advisor to senior management on regulatory risk. Lead the compliance team's daily operations while driving process, audit, and reporting excellence.</span></span><br /><br /></div><div><span style="font-weight:bolder;"><span style="font-family:Arial;font-size:14px;">What you'll own:</span></span></div><div><div class="gmail_default" style="font-family:'trebuchet ms', sans-serif;font-size:small;"><ul><li><span style="font-family:Arial;font-size:14px;">​</span><span style="font-family:Arial;background-color:transparent;font-size:14px;">Own overall regulatory compliance for the broking and DP business under SEBI (Stock Brokers & DP Regulations), PMLA/AML-KYC, SEBI PIT Regulations, Cyber Security & Resilience Framework, Business Continuity requirements, and other applicable exchange/depository guidelines; interpret ambiguous or new regulations and recommend the organizational stance to senior management, Compliance Committee, and Board.</span></li><li><span style="font-family:Arial;font-size:14px;">Design and maintain the compliance risk-assessment framework and risk-based monitoring calendar; proactively escalate material regulatory risks, gaps, or breaches with recommended remediation.</span></li><li><span style="font-family:Arial;font-size:14px;">Lead, mentor, and build capability within the core compliance team, allocating work and supporting career development; serve as the senior point of contact for Exchanges, Depositories, and SEBI on escalations, inspections, and sensitive correspondence.</span></li><li><span style="font-family:Arial;font-size:14px;">Partner with Business, Risk, Legal, IT/InfoSec, and Operations to embed compliance-by-design into new products, processes, and system changes.</span></li><li><span style="font-family:Arial;font-size:14px;">Oversee tracking and interpretation of regulatory circulars, drive stakeholder discussions to assess impact, guide business requirement drafting for system/process changes, and own end-to-end implementation oversight through to closure.</span></li><li><span style="font-family:Arial;font-size:14px;">Ensure SOPs, policies, and trackers remain current and audit-ready; own accuracy and timeliness of all regulatory reports/submissions to SEBI, Exchanges, and Depositories, while driving periodic data analysis to proactively identify and close compliance gaps.</span></li><li><span style="font-family:Arial;font-size:14px;">Own end-to-end management of internal/external audits and regulatory inspections — planning, data collation/verification, submission, and observation responses — acting as primary point of contact for auditors/inspection officials, and presenting findings and risk themes to senior management and relevant committees.</span></li><li><span style="font-family:Arial;font-size:14px;">Own the compliance MIS framework, ensuring data integrity and timely reporting; use MIS/data trends to identify systemic issues and drive corrective action.</span></li></ul></div></div><div><span style="font-weight:bolder;"><span style="font-family:Arial;font-size:14px;">Who you are:</span></span></div><div><div><font face="Arial"><span style="font-size:14px;font-family:Arial;">- Bachelor’s degree in Finance, Business Administration, or a related field. </span></font></div><div><font face="Arial"><span style="font-size:14px;font-family:Arial;">- Advanced degrees or certifications in compliance or regulatory affairs are a plus.</span></font></div><div><font face="Arial"><span style="font-size:14px;font-family:Arial;">- Proven experience in regulatory compliance, preferably within the financial sector</span></font></div><div><font face="Arial"><span style="font-size:14px;font-family:Arial;">- Strong analytical skills with the ability to interpret and act upon complex data.</span></font></div><div><font face="Arial"><span style="font-size:14px;font-family:Arial;">- Excellent communication skills, both written and verbal, with the ability to interact effectively with regulatory bodies, auditors.</span></font></div><div><font face="Arial"><span style="font-size:14px;font-family:Arial;">- Strong interpersonal and teamwork skills to enable working with various internal stakeholders</span></font></div><div><font face="Arial"><span style="font-size:14px;font-family:Arial;">- Proficiency in using compliance tracking systems and other relevant software tools and understanding of system requirements.</span></font></div><div><font face="Arial"><span style="font-size:14px;font-family:Arial;">- Strong organizational skills with the ability to manage multiple projects and deadlines</span></font></div><div><font face="Arial"><span style="font-size:14px;"><u><br /></u></span></font></div><div><font face="Arial"><span style="font-size:14px;font-family:Arial;"><u>Preferred Skills:</u></span></font></div><div><font face="Arial"><span style="font-size:14px;font-family:Arial;">- In-depth knowledge of SEBI regulations and other relevant financial regulations.</span></font></div><div><font face="Arial"><span style="font-size:14px;font-family:Arial;">- Experience with business requirement drafting and system implementation.</span></font></div><div><font face="Arial"><span style="font-size:14px;font-family:Arial;">- Proven ability to handle audits and inspections successfully.</span></font></div><div><font face="Arial"><span style="font-size:14px;font-family:Arial;">- Strong attention to detail and commitment to maintaining high standards of compliance</span></font></div></div><div><p dir="ltr" style="margin:12pt 0px;font-size:16px;line-height:1.38;text-align:justify;"><span style="margin:0px;font-size:14px;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-variant:normal;vertical-align:baseline;white-space:pre-wrap;">By applying for this position, you acknowledge that you have reviewed our </span><a href="https://assets.upstox.com/files/privacy-policy/prospective-employee-privacy-notice.pdf" style="margin:0px;" target="_blank" rel="noreferrer noopener"><span style="margin:0px;font-size:14px;font-family:Arial;color:rgb(17,85,204);background-color:transparent;font-variant:normal;text-decoration:underline;vertical-align:baseline;white-space:pre-wrap;">Prospective Employee Privacy Notice</span></a><span style="margin:0px;font-size:14px;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-variant:normal;vertical-align:baseline;white-space:pre-wrap;">, which outlines how Upstox collects, uses, and protects your Personal Information ('PI'). I accept Upstox's Prospective Employee Privacy Notice.</span></p><p style="margin:0px;font-size:16px;"></p><p dir="ltr" style="margin:12pt 0px;font-size:16px;line-height:1.38;text-align:justify;"><span style="margin:0px;font-size:14px;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-variant:normal;vertical-align:baseline;white-space:pre-wrap;">Upstox is an Equal Opportunity Employer; all qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status, or other characteristics.</span></p></div>