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 personalised 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.
Here is what you need to know about this role:
Job Title: Senior Manager - Legal Full-time)
Location: Mumbai
Job description summary:
Position Overview
Join our innovative FinTech startup in a pivotal legal leadership role! As we pursue an RBI license for our NBFC operations, we are seeking a proactive, experienced Senior Manager for Legal to develop and manage our regulatory and compliance framework. This role will be instrumental in setting up key policies, ensuring RBI compliance, and fostering relationships with regulatory bodies. Candidates who thrive in fast-paced environments, demonstrate strong self-direction, and bring a passion for compliance will find this an ideal opportunity.
Key Responsibilities
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., RBI guidelines).
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 and RBI Compliance Framework
Develop and oversee a comprehensive compliance framework in line with RBI and financial regulations.
Provide counsel on legal, regulatory, and compliance matters, including digital lending and data protection.
Draft and negotiate contracts, ensuring alignment with RBI and industry standards.
3. Corporate Governance and Secretarial Compliance
Overseeing board meetings, minutes, and resolutions per governance standards.
Define corporate governance practices, including board protocols and shareholder documentation.
Manage secretarial responsibilities: ROC filings, RBI reporting, statutory records, and corporate meeting documentation.
4. Policy Implementation and Development
Establish compliance policies, SOPs, and procedures addressing RBI requirements, AML/KYC, data privacy, etc.
Manage ongoing audits, compliance checks, and regulatory updates.
Regularly update policies to reflect regulatory changes, ensuring smooth integration into daily operations.
5. Regulatory Liaison and Relationship Management
Serve as the primary liaison with RBI and other regulatory bodies.
Represent the company in regulatory meetings, inspections, and industry forums.
Build and maintain strong relationships with regulatory officials and industry associations.
6. 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.
Meet your team:
You will work closely with the Legal and Compliance team as well as the internal departments.
Your way to impact:
Be self-driven / quick starter
Have an ownership mindset
Aggressively drive and deliver results
What do you need to bring?
Education & Experience:
Bachelor’s degree in law (LLB) with preferred ICSI certification; additional certifications in RBI compliance, AML/KYC, or data protection are advantageous.
6-10 years in legal, compliance, or secretarial roles, with 3-5 years in RBI regulatory liaison, ideally within FinTech or financial services.
Background in dispute resolution and interaction with police officials is a plus.
Skills:
Knowledge in RBI regulations, contract negotiation, compliance management, and regulatory filings.
Strong policy and contract drafting abilities, risk management, and early-stage compliance experience.
Excellent communication, organizational, and leadership skills with a proactive, entrepreneurial approach.
If you fit the above description, we would love to connect with you! APPLY NOW!
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.