Compliance Manager

Role Summary:

This role exists to make sure Allianz Partners in India does the right thing – every time – in a fast‑changing regulatory and digital environment. You will safeguard our business by ensuring that local entities comply with laws, regulations and Allianz Group policies, while enabling growth and innovation (including increased use of data, AI and automation).

It’s a good fit if you:

• Are an experienced compliance professional in financial services/insurance who enjoys working closely with the business, not just “policing” it
• Can translate complex regulatory requirements into practical processes, controls and training
• Are comfortable working with data and modern, AI‑enabled compliance tools to monitor risk and support decisions
• Like a flat, collaborative structure where you are hands‑on, visible to senior management and act as a change agent for culture and ways of working

What are the key responsibilities of the role?

• Lead and coordinate the compliance framework for Allianz Partners entities in BU India, ensuring adherence to applicable laws, regulations and Allianz Partners (AzP) Compliance Policy across all relevant Compliance Risk Areas
• Act as a trusted adviser to senior management and business functions on compliance matters, including support for new business, customer‑centric solutions and M&A transactions, and manage day‑to‑day interactions with local regulators
• Identify and assess regulatory requirements, risks and trends; implement and improve compliance programs and controls based on Allianz Group standards and the three‑lines‑of‑defence model
• Monitor regulatory developments, assess their impact on the business and oversee the implementation of required changes to policies, processes and systems
• Provide oversight on compliance‑related processes and controls to ensure operational excellence, quality assurance and consistent application of group rules
• Work effectively in an environment shaped by artificial intelligence (AI), machine learning, data analytics and cloud-based tools, using insight responsibly and in line with our standards for data governance, security and ethical use
• Use compliance screening tools and AI‑driven analytics/automation where appropriate to support monitoring, investigations, predictive risk assessment and reporting
• Advise on key compliance and conduct risks, prepare and deliver clear reporting to senior stakeholders, and escalate issues through appropriate channels and committees where required
• Oversee and analyse compliance investigations in alignment with the AzP Investigation team, ensuring issues are addressed and lessons learnt are embedded
• Design, deliver and continuously improve compliance training and awareness initiatives to build a strong compliance culture in BU India and align with Allianz global standards
• Collaborate with internal stakeholders and global expert networks to address high‑risk situations, support remediation and contribute to global compliance strategies while ensuring effective local implementation
• Foster a mindset of openness, adaptability and accountability within a flat organisation, being prepared to “get stuck in” to solve problems and drive cultural and operational change.

What are the key requirements?

• Strong, hands‑on experience in compliance risk areas within financial services or insurance, with a solid understanding of the regulatory environment in India and how it connects to international standards
• Deep knowledge of international compliance and financial crime frameworks (e.g. AML, sanctions, ABC, data protection), and familiarity with screening tools and risk‑based approaches to monitoring and controls
• Proven track record in designing, implementing and improving compliance programs, coordinating cross‑functional activities and adapting to changing regulations and business models
• University or Master’s degree, ideally in Law, Finance, Economics or a related field; or at least 5+ years of relevant experience in Financial Crime, Risk, Legal or Regulatory roles in an insurance or broader financial services environment; professional compliance/CS certification (e.g. ICA or equivalent) is an advantage
• Comfortable working with technology in compliance: proficient in MS Office and common compliance screening tools, with experience or strong interest in AI‑enabled compliance solutions (e.g. data analytics, automation, machine learning for predictive risk assessment, dashboarding and monitoring)
• Strong analytical and problem‑solving skills, able to assess complex situations, interpret regulations and provide clear, pragmatic guidance and solutions to the business
• Excellent interpersonal and communication skills in English (written and spoken), with the ability to engage effectively with senior management, local regulators and international stakeholders
• Experience working in international and remote setups, collaborating with global compliance and expert networks, and operating within a flat organisational structure where you lead through influence as well as authority
• Demonstrated ability to design and deliver training and communication initiatives, and to drive cultural and operational change in a business unit.

How we hire?

We hire directly. Allianz Partners does not accept unsolicited CVs or approaches from agencies. We only work with partners on our approved supplier list, under contract. Any unsolicited submissions will not be considered.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. 

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. 

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations. 

Great to have you on board. Let's care for tomorrow.