Overview
The Candidate will be responsible for ensuring adherence to IRDAI regulations, RBI’s Digital Lending guidelines, circulars, guidelines, and other applicable regulatory requirements. The role will involve advising business teams on compliance aspects, implementing regulatory updates, maintaining effective reporting mechanisms, assisting in internal audit and ensuring robust compliance governance across the organization.This position also provides exposure to other regulatory frameworks beyond insurance, enabling a well-rounded compliance career path.
Key Responsibilities
- Track, interpret, and disseminate IRDAI,RBI circulars, guidelines, and exposure drafts to stakeholders.
- Ensure timely implementation of new regulations and monitor their impact on business.
- Conduct compliance risk assessments, including analysis of regulatory penalty/warning orders.
- Review products, advertisements, and business proposals from a regulatory compliance perspective.
- Support preparation of compliance dashboards, regulatory updates, and committee presentations.
- Provide inputs on business projects and proposals to ensure compliance considerations are embedded before launch.
- Advise stakeholders on compliance risks.
- Assist in conducting thematic compliance reviews and support management reviews.
- Support in regulatory inspections, audits, and submissions to IRDAI.
- Independently manage compliance checkpoints, trackers, and closures of gaps.
- Provide guidance to internal stakeholders on evolving regulatory expectations.
Minimum Experience
- Graduate / Post Graduate with minimum 3–6 years of experience in compliance, regulatory and legal functions.Solid knowledge of IRDAI , RBI regulations and compliance practices in the insurance sector, familiarity with other regulators will be an added advantage.
Key Skills & Attributes
- Excellent communication, drafting, and articulation skills.
- Proven ability to independently handle compliance tasks and responsibilities.
- Analytical mindset to interpret regulations and assess business impact.
- Stakeholder management and ability to provide enabling solutions.
- High ethical standards, diligence, and accountability in deliverables.
- Strong organizational skills to manage multiple priorities with accuracy and timeliness.
- Team-oriented mindset with ability to contribute to collaboration and knowledge sharing.
📌 AM - Lending Compliance (India)
🏢 PhonePe
📍 India