Specialist - Surveillance and AML

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 Description Summary:

Surveillance and AML team is responsible for the design, implementation, and oversight for a suite of surveillance designed to detect behaviors that may violate regulatory rules or internal policies and procedures. When potentially anomalous behavior is detected, the team is responsible for escalating the activity and working collaboratively with partners across the first and second lines of defense to determine the appropriate resolution of the matter. Consideration for the firm's reputation and safeguarding, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency. The candidate will be responsible for analysis of trade surveillance alerts on a post-trade basis and escalation of day-to-day exception reports.

Meet your team:

You will work closely with the Legal and Compliance team as well as the internal department

Your way to impact:

• Be self-driven / quick starter
• Have an ownership mindset
• Aggressively drive and deliver results

Technical Requirements:

• Experience in Exchange & Trade regulatory framework
• Understanding of trade products (intermediate/ expert knowledge)
• Understanding of trade life cycle (intermediate/ expert knowledge)
• Understanding of market abuse and fraud practices in trade products
• Experience of working on SMARTS or similar Trade surveillance system is an advantage.
• Experience of undertaking trade alerts review, investigations and disposition
• Experience in AML related operations including KYC / due diligence / screening / transaction monitoring is added preference

Other skills:

• Should have analytical skill to identify exception and report to management on timely basis.
• Should be good in communication and presentation.
• Strong working knowledge with MS Excel, PPT, MS Word and Macros / Visual Basic
• Be self-directed, with the ability to proactively identify and analyze problems
• Have good organization skills with the ability to work towards and meet deadlines
• The candidate must be detail-oriented, organized and assertive
• Exchanges / Institutional experience desired

Knowledge Required:

• Knowledge of Compliance laws, rules, regulations, risks and typologies
• A general understanding of securities trading and corresponding regulations with proven ability to prioritize and manage multiple projects
• Excellent research and analytical skills in addition to a technical aptitude
• Excellent written and verbal communication skills
• Must be a self-starter, flexible, innovative and adaptive
• Demonstrated interpersonal skills with the ability to work collaboratively and with people at all levels of the organization
• Proficient in MS Office applications (Excel, Word, PowerPoint)
• The candidate should be adaptable to change and willing to work in a fast-paced environment with a positive attitude
• Advanced analytical skills
• Demonstrated knowledge in area of focus

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 Upstox's Prospective Employee Privacy Notice.

If you fit the above description, we would love to connect with you! APPLY NOW!