Legal & Compliance Manager

OpenSys (M) Berhad; Petaling Jaya; On-site; MYR 170,000 - 230,000; Full time

Job summary

OpenSys (M) Berhad seeks a Legal Risk, Compliance and Data Protection Officer to provide practical, commercially focused legal advice to management on commercial and operational matters. You will draft and review contracts, monitor regulatory changes, support DPO functions, and coordinate with external counsel.

The role requires a law degree with at least five years’ experience and strong English and Bahasa Malaysia communication.

Qualifications

• Bachelor’s degree in law (LLB) or equivalent.
• At least 5 years’ relevant experience in legal, compliance, corporate governance, risk management or a related field.
• Strong experience in commercial and corporate legal matters with good knowledge of relevant laws and regulations.
• Good commercial judgement, with the ability to identify key risks while taking into account business needs and objectives.
• Strong experience in contract drafting, review and negotiation, together with good legal research, analytical and problem solving skills.

Responsibilities

• Act as the legal point of contact and provide practical, commercially focused legal advice to management and business functions on commercial & operational matters.
• Draft, review, negotiate and advise on contracts, agreements, correspondence and other legal documentation.
• Highlight key legal and commercial considerations and recommend practical ways to manage potential exposure.
• Maintain the Company's contract records and keep track of key obligations, renewal and expiry dates and other important contractual milestones.
• Provide legal input on tenders, projects, new business initiatives and other arrangements.
• Engage and coordinate with external lawyers when specialised advice or legal support is required.
• Review business activities and ensure compliance with legal and regulatory requirements.

Skills

Legal risk

Contract drafting

Regulatory knowledge

Data protection

Commercial acumen

Education

LLB or equivalent

Tools

Legal research

Job description

Act as the legal point of contact and provide practical, commercially focused legal advice to management and business functions on commercial & operational matters.

Draft, review, negotiate and advise on contracts, agreements, correspondence and other legal documentation.

Highlight key legal and commercial considerations and recommend practical ways to manage potential exposure.

Maintain the Company's contract records and keep track of key obligations, renewal and expiry dates and other important contractual milestones.

Provide legal input on tenders, projects, new business initiatives and other arrangements

Engage and coordinate with external lawyers when specialised advice or legal support is required.

Legal Risk , Compliance and Data Protection Officer

Review business activities and arrangements from a legal and regulatory perspective and flag potential areas of concern to management.

Keep abreast of relevant changes in legislation, regulations and regulatory requirements and advise the business on matters that may affect its operations.

Assist in putting in place practical compliance policies, procedures and controls that are appropriate to the Company's business.

Follow up on compliance matters, identified gaps and remedial actions to ensure issues are properly addressed.

Support the Company's Data Protection Officer (DPO) function, including personal data protection matters, privacy related policies, data protection enquiries and management of personal data incidents.

Provide guidance to business units on relevant legal and regulatory requirements applicable to the Company's business.

Compliance & Corporate Governance

Review the Company's policies and governance practices to ensure they remain aligned with applicable laws, regulations and regulatory requirements.

Keep management updated on changes in regulatory or governance requirements and highlight any actions or amendments required.

Reviewing and updating internal policies, procedures and guidelines where necessary.

Work with internal stakeholders to strengthen controls and address identified legal, compliance or governance gaps.

Requirements:

Bachelor’s degree in law (LLB) or equivalent

At least 5 years’ relevant experience in legal, compliance, corporate governance, risk management or a related field.

Strong experience in commercial and corporate legal matters with good knowledge of relevant laws and regulations.

Good commercial judgement, with the ability to identify key risks while taking into account business needs and objectives

Strong experience in contract drafting, review and negotiation, together with good legal research, analytical and problem solving skills.

Commercially minded and able to grasp new issues quickly with minimal supervision.

Resourceful, independent and able to work effectively with management and multiple stakeholders.

Strong written and verbal communication skills in English and Bahasa Malaysia.

Willingness to work outside normal office hours when required.

About OpenSys Group

OpenSys (M) Bhd (KLSE: OPENSYS - 0040) is a public-listed company in the Main Market of Bursa Malaysia Securities Berhad. It is a leading solution provider for the financial services, telecommunications and utilities industries. OpenSys provides total assisted-service and self-service solutions together with comprehensive professional support services to these industries. OpenSys also provides end-to-end managed services outsourcing, particularly for self-service terminals, bill payment kiosks and back-office cheque processing services. Its customer base includes mainly blue-chip companies such as AEON Credit, Affin Bank, Alliance Bank, AmBank, Bank Islam, Bank Simpanan Nasional, CIMB Bank, Hong Leong Bank, Maybank, MBSB Bank, Public Bank, RHB Bank, Standard Chartered Bank, UOB, Celcom, Maxis, TNB, TM, Sabah Electricity, Sarawak Energy and SEDA Malaysia.

OpenSys Technologies Sdn Bhd is a fully-owned subsidiary of OpenSys (M) Bhd and started operations in July 2018 with the aim to expand OpenSys Group’s business into emerging technologies. OpenSys Technologies was conceived with the noble intention of nurturing young talents and entrepreneurship within the OpenSys Group. Much of its research and development involves innovative applications of Internet of Things (IoT), Big data, Fintech and eBusiness Marketplace. Since then, OpenSys Technologies has successfully developed numerous innovative solutions which have gathered much interests in the industry such as:

IMoT – Intelligent Manager of Things, an IoT and big data monitoring and management services platform for intelligent devicesSmartCIT – A reinvented Cash-In-Transit services platform driven by IoT and digital security technologiesbuySolar – A one stop Fintech marketplace for solar solutions and financing

About OpenSys Group

OpenSys (M) Bhd (KLSE: OPENSYS - 0040) is a public-listed company in the Main Market of Bursa Malaysia Securities Berhad. It is a leading solution provider for the financial services, telecommunications and utilities industries. OpenSys provides total assisted-service and self-service solutions together with comprehensive professional support services to these industries. OpenSys also provides end-to-end managed services outsourcing, particularly for self-service terminals, bill payment kiosks and back-office cheque processing services. Its customer base includes mainly blue-chip companies such as AEON Credit, Affin Bank, Alliance Bank, AmBank, Bank Islam, Bank Simpanan Nasional, CIMB Bank, Hong Leong Bank, Maybank, MBSB Bank, Public Bank, RHB Bank, Standard Chartered Bank, UOB, Celcom, Maxis, TNB, TM, Sabah Electricity, Sarawak Energy and SEDA Malaysia.

OpenSys Technologies Sdn Bhd is a fully-owned subsidiary of OpenSys (M) Bhd and started operations in July 2018 with the aim to expand OpenSys Group’s business into emerging technologies. OpenSys Technologies was conceived with the noble intention of nurturing young talents and entrepreneurship within the OpenSys Group. Much of its research and development involves innovative applications of Internet of Things (IoT), Big data, Fintech and eBusiness Marketplace. Since then, OpenSys Technologies has successfully developed numerous innovative solutions which have gathered much interests in the industry such as:

IMoT – Intelligent Manager of Things, an IoT and big data monitoring and management services platform for intelligent devicesSmartCIT – A reinvented Cash-In-Transit services platform driven by IoT and digital security technologiesbuySolar – A one stop Fintech marketplace for solar solutions and financing