Deputy Manager - Compliance

Axis Bank; Gurugram District; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Axis Bank in Gurugram is seeking a Regulatory Compliance & Reporting professional to manage preparation, review and timely submission of regulatory reports to IRDAI, DFS, PFRDA, IIB, NCFE and other regulators. You will coordinate with cross-functional teams for data gathering, validation and consolidation for regulatory submissions.

The role requires 4-6 years’ experience, a Law degree (LLB) preferred, and strong communication skills to ensure accuracy, timely disclosures and adherence to

Qualifications

• 4-6 years of related experience; insurance or financial services preferred.
• Law graduate (LLB) preferred for the role.
• Strong communication and presentation skills to engage stakeholders.
• Ability to interpret and apply laws and regulations.

Responsibilities

• Regulatory compliance and reporting responsibilities.
• Prepare, review and submit regulatory reports to IRDAI, DFS, PFRDA, IIB, NCFE and others.
• Coordinate with cross-functional teams for data gathering and consolidation.
• Ensure adherence to regulatory timelines with follow-ups and escalation.
• Review submissions for completeness, accuracy and regulatory compliance.
• Oversee advertisement and disclosure compliance and governance.
• Track policies for board/committee approvals and ensure timely updates.

Skills

Regulatory compliance

Regulatory reporting

Communication skills

Presentation skills

Attention to detail

Education

LLB preferred

Job description

Responsibilities

• Regulatory Compliance & Reporting
• Preparation, review and timely submission of regulatory reports to IRDAI, DFS, PFRDA, IIB, NCFE and other applicable regulators.
• Coordination with cross-functional teams for data gathering, validation, and consolidation for regulatory submissions.
• Ensuring adherence to regulatory timelines through structured follow-ups, reminders, and escalation mechanisms.
• Conducting preliminary review of submissions to ensure completeness, accuracy, and compliance with applicable guidelines.
• Advertisement & Disclosure Compliance
• Review and vetting of advertisements, marketing creatives, and disclosures to ensure compliance with regulatory and internal guidelines.
• Identification and mitigation of compliance risks in marketing and promotional communications.
• Keeping abreast of regulatory changes related to advertisements and disclosures and ensuring implementation.
• Advertisement Committee Governance
• Participation in Advertisement Committee meetings.
• Preparation and consolidation of agenda items, supporting documents, and actionable insights.
• Tracking action points and ensuring closure within defined timelines.
• Policy Governance & Board Processes
• Tracking of policies for Board/Committee approvals.
• Ensuring periodic review, updates, and implementation of policies in line with evolving regulations.

Qualification & Experience

• 4-6 years of related experience. Insurance or Financial Services Experience preferred.
• Law Graduate (LLB) will be preferred for this role.
• Strong communication and presentation skills and ability to connect with people
• Ability and passion to understand and interpret laws and regulations.