Associate Director (Mumbai)

Associate Director (Mumbai)

06 Sep
|
Upstox
|
Mumbai

06 Sep

Upstox

Mumbai

Job Title: Associate Director - Compliance

Experience: 12+ years

Location: Mumbai

Work Arrangement: 5 days in the office

About Upstox

At Upstox, we're building the future of investing—straightforward, 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.

About The Role

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.

What you'll own:

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.
Design and maintain the compliance risk-assessment framework and risk-based monitoring calendar; proactively escalate material regulatory risks, gaps, or breaches with recommended remediation.
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.
Partner with Business, Risk, Legal, IT/InfoSec, and Operations to embed compliance-by-design into current products, processes, and system changes.
Oversee tracking and interpretation of regulatory circulars, drive stakeholder discussions to assess impact, guide business requi

📌 Associate Director (Mumbai)
🏢 Upstox
📍 Mumbai

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