Senior Manager Compliance

Raise Financial Services; Mumbai; On-site; INR 1,200,000 - 2,200,000; Full time

Job summary

Raise Financial Services, Goregaon West, Mumbai, seeks an AP Compliance Manager to oversee end-to-end compliance for Authorised Persons (APs) in line with SEBI, Exchange, and internal guidelines. You will handle onboarding, registration, compliance monitoring, audits, reporting, surveillance, and stakeholder management to ensure APs stay compliant.

The role requires deep knowledge of SEBI and exchange regulations, hands-on experience with AP portals, and strong analytical and communication

Qualifications

• Knowledge of SEBI and exchange regulations governing stock broking.
• Experience with AP registration, compliance monitoring, audits and regulatory requirements.
• Hands-on with NSE/BSE/MCX compliance portals.
• Strong analytical skills to identify alerts and gaps.
• Good communication and stakeholder management abilities.

Responsibilities

• Monitor AP business activities to ensure compliance with SEBI and Exchange regulations.
• Ensure APs do not engage in any unregistered or unregulated activities.
• Review and act on compliance alerts related to APs.
• Conduct periodic compliance checks and surprise visits to AP offices.
• Identify compliance gaps and recommend corrective actions.
• Ensure complete documentation and due diligence during AP onboarding.
• Coordinate with Exchanges for AP registration, approvals, rejections, and clarifications.
• Ensure AP records and registrations are updated and maintained accurately.
• Prepare and submit AP-related regulatory reports to the Exchanges.
• Update AP details and information on relevant Exchange portals.
• Support internal audits, Exchange inspections, and business/compliance reviews.
• Maintain proper documentation and records for audit and regulatory requirements.
• Conduct compliance training and provide regulatory updates to APs.
• Communicate changes in regulations, code of conduct, and Exchange requirements.
• Address AP queries related to compliance and operational processes.
• Maintain accurate AP MIS, compliance trackers, and documentation logs.
• Ensure timely retrieval and availability of AP records for audits and regulatory reviews.

Skills

SEBI regulations

Exchange regulations

AP onboarding

Audit & reporting

Stakeholder mgmt

Education

Graduate in Commerce or Finance

Job description

Role Summary

Raise is built on this core philosophy - we will bring exceptionally great products, awesome user experience and best in class customer service to our users. We have started with our first step by launching an Investment & Trading platform - Dhan (www.dhan.co) in November 2021.

Today, Dhan stands among India's Top 10 stock brokers and continues to be one of the fastest-growing platforms in the industry. Backed by a passionate team of builders, believers, designers, and problem-solvers, Raise is creating a trusted ecosystem of financial products that empower millions of users to make smarter financial decisions. We are driven by innovation, customer obsession, and a relentless focus on crafting experiences that users love.

We are looking for an AP Compliance Manager to manage end-to-end compliance for Authorised Persons (APs) in line with SEBI, Exchange, and internal Stock Broker guidelines. The role will be responsible for AP onboarding, registration, compliance monitoring, audits, regulatory reporting, surveillance, and stakeholder management, ensuring APs remain compliant with applicable regulatory requirements.

Key Responsibilities

• Monitor AP business activities to ensure compliance with SEBI and Exchange regulations.
• Ensure APs do not engage in any unregistered or unregulated activities.
• Review and act on compliance alerts related to APs.
• Conduct periodic compliance checks and surprise visits to AP offices, wherever required.
• Identify compliance gaps and recommend corrective actions.
• Ensure complete documentation and due diligence during AP onboarding.
• Coordinate with Exchanges for AP registration, approvals, rejections, and clarifications.
• Ensure AP records and registrations are updated and maintained accurately.
• Prepare and submit AP-related regulatory reports to the Exchanges.
• Update AP details and information on relevant Exchange portals.
• Support internal audits, Exchange inspections, and business/compliance reviews.
• Maintain proper documentation and records for audit and regulatory requirements.
• Conduct compliance training and provide regulatory updates to APs.
• Communicate changes in regulations, code of conduct, and Exchange requirements.
• Address AP queries related to compliance and operational processes.
• Maintain accurate AP MIS, compliance trackers, and documentation logs.
• Ensure timely retrieval and availability of AP records for audits and regulatory reviews.

What We’re Looking For

• Strong understanding of SEBI regulations, Exchange regulations, and stock broking compliance frameworks.
• In-depth knowledge of AP registration, compliance monitoring, audits, and regulatory requirements.
• Hands-on experience with NSE/BSE/MCX compliance portals.
• Strong analytical skills with the ability to identify alerts, red flags, and compliance gaps.
• Good communication and stakeholder management skills.
• Ability to work closely with APs, internal teams, Exchanges, and regulatory stakeholders.
• Graduate/Postgraduate in Commerce, Finance, or a related field.
• Experience in a mid-to-large stock broking firm will be preferred.

Location

Goregaon West, Mumbai.

Why Join Raise?

We're a certified Great Place to Work, and it shows in everything we do - from how we collaborate to how we celebrate wins. Our culture is built on growth, ownership, and mutual respect. At Raise, you'll find a flat hierarchy, open conversations, and a team that values passion, humility, and speed over titles and bureaucracy.

Our Values & Culture

• Are obsessed with customer satisfaction.
• Respect their work, teammates, and users.
• Value speed, humility, and thoughtful action.
• Prefer quality over quantity.
• Are hands-on regardless of role or title.
• Embrace ownership, discipline, and an entrepreneurial spirit.
• Believe in less talk, more execution.
• Are passionate about the work they do.

Raise is an equal opportunity employer. We celebrate diversity and are committed to building an inclusive workplace.

About Raise Financial Services

We are building technology led financial products and infrastructure for India's top 25Mn+ financially aware and literate users. Our product lines span investments, financing, insurance, payments, and wealth services. We will offer consumer products & services that cater to these users, and will offer the same technology & infrastructure to partners in the startup ecosystem willing to take the experience to everyone in India. Our focus is on 3 core aspects - build great products, deliver awesome experiences and provide exceptional customer services to our users.

Explore More

• Company Website: www.raiseholding.co
• Investment Platform: www.dhan.co
• Instagram: Life at Raise

Join us on our journey to build Raise!