Legal Operations & Contract Management
- Draft, review, and negotiate a variety of legal documents, including Non-Disclosure Agreements (NDAs), Service Level Agreements (SLAs), and distribution or agency contracts.
- Provide legal interpretations on new business initiatives, ensuring all contractual terms align with company risk appetite and local laws.
- Provide legal oversight and support to the Claims department on complex or high-value cases, including the assessment of liability and interpretation of policy wordings.
- Act as the primary liaison with external legal counsel for any ongoing litigation or dispute resolution, ensuring cost-effective and timely management of legal proceedings.
AML/CFT Compliance
- Monitor AML/CFT compliance and conduct half-yearly audits. Liaise with HODs to regularize screening processes.
- Manage Suspicious Transaction Reporting (STR) with the SPF and ensure timely reporting to MAS.
- Identify sanctioned entities from regulatory updates and work with departments to ensure Enhanced Due Diligence (EDD) for high-risk cases.
- Analyse regulations and benchmark against industry peers to modify internal AML policies accordingly.
Regulatory Compliance (PDPA, IRAS, GIA, Companies Act, MAS)
- Work with the Company Secretary to ensure compliance with the Companies Act and maintain statutory records.
- Oversee PDPA compliance, ensuring data processing agreements are in place and breach protocols are followed.
- Maintain a meticulous checklist of all regulatory data submissions and surveys to ensure zero-lapse reporting.
- Update all relevant company policies and ensure operational manuals are aligned with current legal requirements.
Risk Management & Credit Rating
- Collate data and prepare high-level presentations for the annual Credit rating analysis.
- Support the Risk Officer in the implementation and monitoring of the Enterprise Risk Management framework including Technological Risk Management.
