Head of Legal & Compliance

Job Description

Our client is a leading insurance company who is looking for a qualified candidate to join their firm:

• In charge of leading the Compliance department to fulfill all functions and duties of the department
• Consult, provide guidance, evaluate, manage, and monitor legal issues
• Set out action plan, execute, and manage all compliance issues according to local laws and regulations and shareholders requirements
• Establish, review, and consult about internal regulations to ensure legal fulfillment
• Implement and manage compliance activities in alignment with shareholders requirements
• Manage compliance violations, work with other departments to investigate compliance issues and propose appropriate solutions
• Recognize potential areas of compliance vulnerability and risk; keep track of the implementation of corrective actions for existing problems and advise on preventive actions
• Collaborate with other departments in identifying and responding to competent authorities on investigations or any non-compliance matters raised by competent authorities
• Develop, monitor, and manage effectively Legal policies, regulations, procedures, and standards, amongst others
• Update, analyze, and assess the influence of local laws and regulations on companys operation and provide guidance for involved parties
• Organize effective training and communication program to improve staffs awareness and understanding of Legal requirements
• Review and provide Legal advice on Company business documents and plans
• Write, review, and negotiate contracts and agreements with involved stakeholders
• Work with external law firms and legal teams of shareholders to resolve legal request
• Execute and manage the companys litigation-related matters and activities
• Execute and manage the companys intellectual property protection related matters
• Prepare agents contracts and agreements, monitor distribution channel compliance, and carry out training regarding insurance regulations for insurance agents
• Report and update the BOD and shareholders on Legal and Compliance related matters on a regular basis
• In charge of managing department personnel
• Complete other tasks assigned by supervisors

Requirements

• Excellent understanding of Compliance and Legal regulations, especially in the insurance industry
• Ability to communicate and present effectively
• Good strategic thinking, negotiation skills, and management skills
• Client-centric and result-oriented mindset
• Fluency in English