Deputy Manager - Compliance

Key Responsibilities:

1. IRDAI Reporting:

• Prepare and submit accurate, timely, and complete regulatory reports to IRDAI.
• Ensure compliance with IRDAI regulations, circulars, and guidelines.
• Coordinate with internal teams to gather data for regulatory submissions.

2. Drafting and Documentation:

• Draft and review compliance policies, procedures, and internal guidelines.
• Prepare responses to regulatory notices, inquiries, and audits.
• Draft legal and compliance-related documents, including agreements, contracts, and regulatory submissions.

3. Advertisement and Compliance:

• Review and approve marketing materials, advertisements, and communications to ensure compliance with IRDAI guidelines.
• Monitor advertising activities to ensure alignment with regulatory standards and organizational policies.

4. Regulatory Updates and Implementation:

• Monitor and track regulatory updates, circulars, and amendments from IRDAI and other relevant authorities.
• Implement necessary changes in policies, procedures, and processes based on regulatory updates.
• Conduct impact assessments and communicate regulatory changes to relevant teams.

5. Risk and Compliance Monitoring:

• Assist in identifying compliance risks and implementing controls to mitigate them.
• Support compliance audits, inspections, and reviews by regulatory authorities.
• Maintain and update the compliance risk register.

Key Skills and Qualifications:

Educational Qualifications:

• Company Secretary (CS) and Law (LLB) are mandatory.

Experience:

• 4-5 years of experience in compliance, preferably in the insurance broking, fintech, or NBFC sectors.