Head of Legal, Compliance

JOB DESCRIPTION

Designation : Head of Legal, Compliance & Risk Management (LCRM)

Responsibilities

1. Work closely with the Executive Directors of the Phillip Capital Sdn Bhd (PCSB) for all compliance matters as well as liaise with other heads of departments/divisions or personnel responsible for ensuring compliance within the departments/divisions in order to discharge the duties and functions effectively.

2. Ensure compliance with local legal requirements by studying existing and new legislation; enforcing adherence to requirements; advising management on needed actions.

3. Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control.

4. Review/enhanced policies or operating guidelines to comply with changes to environmental standards or regulations.

5. Prepare and table compliance reviews regularly at Board of Directors (BOD) meetings, audit meetings, management meetings, and other relevant meetings. The compliance review should examine the compliance issues relating to PCSB.

6. Examine and/or investigate any irregularities in PCSB's operations. All findings should be properly documented. Where necessary, the compliance officer should notify and/or consult the SC/Bursa or any other relevant authorities.

7. Responsible for the compliance manual and code of conduct for the employees with PCSB, including liaising with the human capital department in briefing new employees on compliance and regulatory requirements and risk management.

8. Liaise with the human capital department/training unit to provide trainings, updates and/or advice the employees, the BOD and any other committees as directed by the BOD with regards to compliance matters and regulatory requirements.

9. Collaborate with corporate counsels and HR departments to monitor enforcement of standards and regulations.

10. Prepare and/ or review the following applications but not limited to the following for the Securities Commission approval:-

a. Appointment of new key management

b. Any other applications where applicable from time to time

11. Preparing and submitting reports or any information as required in timely and accurate manner by regulatory bodies such as Securities Commission, Bursa Malaysia, etc; including the following;-

a) Weekly Submission of Form A to Bursa

b) Monthly Compliance Report to Bursa & the SC

c) Submission of Form 6A via ELA - Fit and Proper Compliance Report (Semi-Annual)

d) Submission of Form B (Semi-Annual) to Bursa and the SC

e) Annual Financial Audited Statement to Bursa and the SC

f)  Annual submission of Central Permanent File ("CPF") to Bursa

g) And all ad-hoc regulatory submission required

12. Monitor the activities of all departments to ensure that the group's guidelines, regulatory and policies are being adhered to.

13. Liaise with the company's legal advisors pertaining to all legal matters.

14. Prepare periodical review of risk management reports and present them to the BOD.

15. Identify new areas of material risks and report them to the BOD.

16.  Recommend to the BOD risk mitigation measures/ strategies appropriate for the various business units of PCSB.

17. Implement the mitigation policies and procedures that have been approved by the BOD and ensure the various business units adhered to the policies and procedures.

18. Undertake any assignments as instructed by the Board of Directors/Executive Directors.

19.  Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.

20. Conduct training to staff on Anti-Money Laundering and Anti-Terrorism Financing And Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA 2001) with respect to but not limited to the record keeping, reporting and transaction.

21.  Ensure company secretarial documents, forms, board resolutions are maintained properly and to constantly liaise with the Company Secretary on any updates or amendments to the Companies Act.

Requirements

· Candidate must possess at least a tertiary degree in a related field or has obtained the relevant accredited professional qualification in Compliance.

· At least 8 years of working experience in Compliance within the capital market industry or banking or financial institutions.

· Completion of SIDC modules relevant to the scope of responsibilities will be an added advantage.

· Possess excellent communication, presentation and interpersonal skills.

· Ability to work effectively in a team and manage stakeholders.

· Possess analytical skills, critical thinking and is detail-oriented.