Lead Legal Compliance Specialist

1 month ago


Mumbai, Maharashtra, India Upstox Full time
Job Description

We are seeking a highly skilled and experienced Senior Manager – Legal to join our team at Upstox. As a key member of our legal department, you will play a pivotal role in developing and managing our regulatory and compliance framework.

Key Responsibilities:
  1. Contract Management: You will be responsible for managing the entire contract lifecycle, including drafting, reviewing, and negotiating contracts to ensure alignment with legal standards and organizational objectives. This will involve digitizing contracts and SOPs to streamline contract processes across initiation, approval, execution, storage, and renewals.
  2. Legal Advisory and RBI Compliance Framework: You will provide counsel on legal, regulatory, and compliance matters, including digital lending and data protection. Your role will also involve developing and overseeing a comprehensive compliance framework in line with RBI and financial regulations.
  3. Corporate Governance and Secretarial Compliance: You will oversee board meetings, minutes, and resolutions per governance standards. This will also involve defining corporate governance practices, including board protocols and shareholder documentation.
  4. Policy Implementation and Development: You will establish compliance policies, SOPs, and procedures addressing RBI requirements, AML/KYC, data privacy, etc.
  5. Regulatory Liaison and Relationship Management: You will serve as the primary liaison with RBI and other regulatory bodies. This will involve representing the company in regulatory meetings, inspections, and industry forums.
  6. Cross-Functional Collaboration and Training: You will work with product, tech, and operations teams to ensure compliance integration across products and services.
Requirements:
  • 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.
Salary:

The estimated salary for this role is ₹20-30 lakhs per annum, depending on experience.

Why Join Us?

As a Lead Legal Compliance Specialist - RBI Regulations, you will have the opportunity to work in a fast-paced environment and contribute to the development of our regulatory and compliance framework. You will also have the chance to build strong relationships with regulatory officials and industry associations.



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