Job Description
Responsibility:
Compliance
● Monitoring newly enacted legislation, regulations, regulatory guidance, and conditions related to
company business including but not limited to insurance and data privacy laws and regulations
● Monitoring and evaluating the performance of the company with regards to compliance with relevant
laws, regulations, and corresponding conditions
● Reviewing and monitoring company work procedures for every department
● Setting and updating the internal checklist of regulatory reports required to be filed within timelines.
● Advising and reviewing internal regulations and practice to conform with related executed laws
● Liaising with the Office of Insurance Commission (OIC), Anti Money Laundering Office (AMLO), and any
other supervisory regulators.
Legal
● Provide accurate and timely counsel to executives on legal-related matters which include but are not
limited to partnerships, international ventures, corporate finance, etc.
● Collaborate with the Management to devise efficient defense strategies
● Review and monitor incoming and outgoing arbitration, court and complaints escalated from the
regulator(s) if any, and enforce SOP for file allocation to internal and external counsels while optimizing
cost
● Ensure that there is tracking methodology and inventory of files updates with status and relevant details
● Specify internal governance policies and regularly monitor its compliance
● Conduct research and evaluation on different risk factors regarding business decisions and operations
● Apply effective risk management techniques and offer proactive advice on possible legal issues
● Liaise and build rapport with external stakeholders i.e. regulators, external counsel, public authority, etc.
● Draft and solidify agreements, contracts, and other legal documents to ensure Company’s full legal rights
are well protected
● Deal with complex legal-related matters with multiple stakeholders
● Provide clarification on legal language or specifications to internal stakeholders
● Conduct your work with integrity and responsibility
● Maintain current knowledge of alterations in legislation
Key Requirements:
● Bachelor or Master in Law degree holder
● At least 5 years legal/compliance experience in insurance (preferred), financial industry, or law firm
● Ability to confront conflict and difficult issues in a professional, assertive and proactive manner
● Ability to communicate in the English language (writing and speaking)
● Display personal qualities of integrity, credibility, and strong work ethic
● Strong in leadership and can work effectively in a team and multi-cultural environment
● Analytical, attention to detail, and creative problem-solving abilities