Head of Legal and Compliance

Kenanga Investment Bank Berhad; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

A financial services company in Kuala Lumpur is seeking a legal advisor to provide strategic legal and compliance advice. The ideal candidate will have at least 10 years of experience, be admitted to the Malaysian Bar, and possess a degree in law and finance. Responsibilities include drafting legal documentation and managing compliance issues for digital projects.

Qualifications

• Minimum of 10 years of working experience in securities or financial industry.
• Experience in law firms, particularly in information technology.
• Ability to manage legal and compliance issues together.

Responsibilities

• Draft and negotiate agreements for digital projects.
• Provide compliance advice related to regulatory requirements.
• Advise Board of Directors on legal risks.

Skills

Legal advisory

Compliance management

Regulatory liaison

Document negotiation

Risk management

Education

Degree in Law

Admitted to the Malaysian Bar

Degree in Finance, Economics or related discipline

Job description

Overview

Provide strategic legal and compliance advice to the Chief Executive Officer of Kenanga Digital Sdn Bhd (KDSB) and the Board of Directors of KDSB. Draft, review and negotiate legal documentation to protect KDSB’s legal rights and mitigate legal risks. Manage, monitor and provide advice on the relevant regulatory and compliance requirements for the digital projects carried out by KDSB, and facilitate the alignment of approach in handling compliance and regulatory issues. Take charge of day-to-day follow-ups with the relevant stakeholders.

KEY RESPONSIBILITIES

• Agreements and Legal Documentations Advisory, Development and Review
  • Draft agreements and other relevant documentation for the digital projects initiated by KDSB and the Digital Investment Management Division, where required.
  • Review and comment on agreements drafted by external legal counsels, to the extent they are appointed.
  • Negotiate draft agreements and liaise with relevant counterparties, where required.
  • Redraft agreements based on terms agreed during meetings and discussions with internal management teams and counterparties.
  • Advise and report to the CEO and Board of Directors of KDSB on the legal issues and risks involved.
• Compliance advisory and liaison
  • Provision of all compliance/regulatory advice to KDSB in relation to relevant regulatory requirements, as required.
  • Facilitate and take charge of day-to-day queries and information requested by relevant regulators.
  • Engagement with Group Chief Compliance Officer for purposes of liaison with regulators, as required.
  • In charge of preparation and compilation of regulatory submission deck/report to regulators, as required.
  • Engagement with Group Chief Compliance Officer upon finalization of submission deck/report for purposes of submission to regulators, as required.
• Digital Project Structures Advisory and Review
  • Provide feedback and advice on the licensing and regulatory aspects of the initial project proposal.
  • Propose structure and establish possible alternatives based on issues identified in the project structures.
  • Draft and provide feedback on all relevant documents, including board papers, related to the structuring aspects of the project.
  • Liaise with various third parties.

JOB REQUIREMENTS

• Degree in Law
• Admitted to the Malaysian Bar
• Degree in Finance, Economics, Actuarial Science, Financial Mathematics, or a related discipline
• Minimum of 10 years of working experience in the securities or financial industry and/or experience in legal practice
• Relevant experience in law firms, especially in areas of information technology
• Relevant experience in handling and liaising with regulators
• Ability to balance legal and compliance issues to support the commercial requirements of digital initiatives without compromising regulatory and compliance obligations