Manager - Compliance

Tata AIA Life Insurance; Thane; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Tata AIA Life Insurance in Thane, Maharashtra, invites applications for a Manager-Compliance to lead regulatory and internal controls within Compliance. You will report to the Deputy Vice President - Compliance and steward risk, policy adherence, and governance across the organization.

The role emphasizes updating Personal Trading Guidelines, reviewing investment call recordings, and delivering governance reports to senior management, with collaboration across front-office and support teams.

Qualifications

• CA / MBA in finance CS, professional qualification required.
• 4-5 years of experience in life insurance or financial services.
• Experience with personal trading guidelines and management reporting.

Responsibilities

• Ensure timely updating of Personal Trading Guidelines and oversee implementation.
• Manage investment call recording reviews for compliance and risk indicators.
• Prepare governance reports and present findings to senior management.
• Coordinate with front-office and other stakeholders to ensure timely remediation.
• Monitor and report on risk controls, policies, and compliance metrics.

Skills

Regulatory compliance

Reporting

Stakeholder management

Education

CA / MBA in finance CS

Job description

A Position Overview Position Title Manager-Compliance Department Compliance

Level / Band Manager / 401

B Organizational Relationships

Reports to Direct Deputy Vice President - Compliance

Matrix NA Supervises NA

C Job Dimensions

Geographic Area Covered HO

Stakeholders Internal

Stakeholders External -

D Key Result Areas

• A) Personal Trading Guideline
  • Ensure timely updating of the guideline as per regulatory requirements. Benchmarking as may be required for the necessary updation and implementation
  • Oversee implementation and monitoring
  • Conduct quarterly verification for adherence to the requirements of the guidelines
  • Seek information for potential breaches and recommend corrective actions
  • Training and awareness on the guideline requirements
  • Coordinate with relevant stakeholders as may be required for timely implementation, reporting and closure of issues, if any
• B) Investment call recording review
  • Manage periodic reviews of investment-related call recordings to assess adherence to regulatory and internal compliance requirements
  • Identify conduct risks, market abuse indicators, unsuitable investment discussions, or policy deviations, if any in the recordings of dealing room
  • Perform thematic reviews and root cause analysis of observations as may be required
  • Prepare and present compliance findings, trends, and remediation plans to senior management
  • Partner with front-office teams to strengthen control environments and promote best practices.

Management Reporting

• Monitor key compliance metrics, trends, and emerging risks using data-driven reporting techniques
• Ensure accuracy, completeness, and timeliness of reports delivered to senior leadership.
• Ensure reporting aligns with governance requirements and regulatory expectations.
• Support Board and Committee meetings through preparation of materials and follow-up actions.
• Co-ordinate with stakeholders for timely submission of the reports
• Drive implementation and continuous enhancement of Group Governance Framework.
• Monitor compliance with established policies, standards, and control requirements.
• Coordinate governance reviews, policy attestations, and framework assessments.
• Track risk and control issues, remediation activities, and closure effectiveness.

E. Incumbent Characteristics

Essential

Desired

Qualification

CA / MBA in finance CS

Experience

4-5 years (Manager) - relevant experience in life insurance or financial services. Prior exposure to handling Personal Trading Guideline compliance and management reports and driving ethical program in the organization.