Axis Finance | Manager:Compliance_AFL

Key responsibilities

• We are seeking a proactive and detail-oriented professional to join our Compliance team as Senior Manager.
• The role will primarily focus on Compliance Testing and Compliance Risk Assessment, ensuring adherence to regulatory expectations and internal policies across all business verticals.
• Design, plan, and execute periodic compliance testing programs across business functions.
• Identify and assess compliance control gaps through on-site or remote testing.
• Prepare testing reports for senior management and regulatory reviews.
• Conduct regular compliance risk assessments across retail and wholesale lending businesses.
• Identify inherent and residual compliance risks across business lines, processes, and geographies.
• Maintain and update the compliance risk universe and risk register.
• Liaise with internal stakeholders to ensure implementation of compliance testing outcomes and risk mitigation plans.
• Support the Compliance team in aligning testing and CRA outcomes with regulatory expectations.
• Contribute to dashboards, MIS, and presentations for senior management, Audit Committee, and Board.
• Assist in periodic updates to the Compliance Function’s annual plan, especially around testing and CRA activities.
• Reports to: [AVP – Compliance]
• Document findings with root cause analysis and recommend corrective actions
• Follow up on the implementation of corrective actions and ensure timely closure

Desired profile

• Experience: 6-8 years in financial services compliance, preferably in NBFCs, Banks, or similar institutions.
• Strong knowledge of RBI regulations applicable to NBFCs/Banks.
• Experience in conducting compliance testing or risk assessments preferred.
• Analytical mindset with attention to detail and strong documentation skills.
• Effective communication and stakeholder management abilities.
• Effective communication and stakeholder management abilities Immediate Joiners are preferred.
• 6-8 years of experience in Compliance or Internal Audit roles in financial services

Axis Finance Limited

Part of the Axis Bank group, Axis Finance Limited is a non-banking financial company (NBFC) wholly owned by Axis Bank Limited. It lends to large and mid-sized companies through its wholesale business, which covers corporate, collateral-backed and real estate lending, and to individuals and small businesses through retail and MSME products such as loans against property, home loans, business loans and personal loans. The company's registered office is at Axis House in Worli, Mumbai. It serves customers through branches across India, and its real estate lending is active in the metro and Tier 1 cities.

Axis Finance recruits for finance and control roles in Mumbai. They include corporate credit analysts at analyst and senior analyst level, risk, compliance and internal audit positions, and finance and accounts work such as financial reporting. The financial reporting team looks for qualified Chartered Accountants with three to six years of post-qualification experience, and other postings name CA, CA Inter or CMA (ICWA), or a bachelor's or master's degree in commerce, finance, economics, law or a related field.

• Industry: Non-banking finance (NBFC): corporate, real estate, MSME and retail lending
• Headquarters: Mumbai, India (registered office at Axis House, Worli); wholly owned subsidiary of Axis Bank Limited
• In India: Axis Finance Limited, with branches across India; its finance, credit, risk and audit roles are based in Mumbai