Role Description

Position Overview

Position Title

Manager – Compliance

Department

Compliance

Level/Band

Manager / 401

Location

Mumbai

Reports to

Deputy Vice President - Compliance

Role Summary

The role is responsible for providing comprehensive legal, regulatory, and advisory support across product management, IFSC operations, business initiatives, and internal reporting. The incumbent ensures regulatory compliance, product governance, and alignment with applicable laws, regulatory frameworks, and internal policies while supporting business growth and innovation.

Organizational Relationships

Reports To

Deputy Vice President - Compliance

Supervises

NA

Job Dimensions

Geographic Area Covered

Head Office- Complete Geography

Stakeholders Internal

Products, Operations, Marketing, Distribution, Strategy, etc.

Stakeholders External

Regulatory Authorities- IRDAI, IFSC, etc.

Key Result Areas

Products

Vet Product Management Committee (PMC) documentation for new product launches and modifications.
Draft, review,



and ensure regulatory and legal accuracy of policy documents.
Manage end‑to‑end legal support for recent product launches and product modifications.
Establish and maintain consistency mechanisms across PMC approvals, policy wordings, and regulatory filings.
Provide ongoing advisory support to product and business teams.

IFSC (International Financial Services Centre)

Manage licensing and renewals with IFSCA and SEZ authorities.
Handle regulatory representations, correspondence, and supervisory interactions.
Support regulatory implementation, compliance monitoring, and periodic reporting.
Collaborate with stakeholders on IFSC business models and internal processes.
Liaise with external legal counsel for regulatory opinions and advisory support.

Advisory

Evaluate innovative product propositions, including wellness offerings, health management services, and value‑added services.
Assess new and evolving IFSC business models under applicable regul

📌 Manager - Compliance (Mumbai)
🏢 TATA AIA LIFE INSURANCE
📍 Mumbai