Providing proactive and practical legal advice to the business, based on the interpretation of applicable laws and regulations, in order to make informed decisions while considering potential risks.
Drafting various legal documents, including memorandums, presentations, and knowledge sharing materials.
Offering legal advice to stakeholders as needed, proposing viable legal solutions and approaches.
Reviewing and drafting legal documentation such as non-disclosure agreements, contract addendums/extensions, operational contracts, and contract renewals/terminations.
Conducting research, drafting reports and summaries of external advice, case law, and research findings.
Coordinating and communicating with external parties, such as external counsel, to support business projects.
Organizing and maintaining proper records/files of relevant documentation, including Board resolutions, meeting minutes, and briefs.
Preparing and filing necessary notices and documentation, ensuring compliance with know your customers due diligence processes.
Managing the contract repository and other information databases, ensuring data quality and completeness.
Monitoring and reviewing new and updated laws and regulations for compliance purposes.
Assisting in implementing and rolling out compliance policies in coordination with the Group Legal and Compliance team.
Overseeing and ensuring compliance with ethical conduct, conflict of interests, and operational principles.
Developing and implementing control systems to prevent or address violations of legal guidelines and internal policies.
Discussing emerging compliance issues with management and employees.
Ensuring all necessary documents, permits, and licenses required for operating as an insurer are up to date and displayed in a visible location, and handling their renewal.
Ensuring compliance with data protection policies and practices.
Reporting any violations of compliance or regulatory standards to authorized enforcement agencies as required or appropriate.
Requirements
Holder of a Law degree (or equivalent) with a preference for a degree in accounting/business, and qualified as a legal practitioner in Malaysia
At least 5 years of relevant work experience, either in private practice or within an in-house legal function. Previous experience in compliance, risk, audit, or related areas would be advantageous
Thorough understanding of risk management principles and associated methodologies
Previous experience interacting with relevant regulatory bodies
Essential knowledge of insurance distribution and the ability to apply it to business products and processes
Proficient in regulatory compliance within the insurance industry and the ability to apply it to business products and processes
Demonstrated technical skillset including familiarity with data privacy, financial crime regulations (such as AML, CTF, IS, and ABC), and corporate law
Proficient computer skills with a strong command of software applications (MS Office) and openness to adopting new technologies
Excellent verbal and written communication skills in English
Outstanding communication and stakeholder management abilities