Legal & Compliance Manager

About the role

Lockton Singapore is looking for a Legal & Compliance Manager to provide legal advice and compliance oversight. The role ensures that business operations follow applicable local legislation and regulations, professional standards, Lockton Group policies and internal requirements, in order to achieve positive organisational outcomes.

Key responsibilities

• Inform local management about the state of company controls and match them with the company's risk appetite
• Work with the business team on improving process workflows and carry out audit functions to ensure best-in-class broking practices
• Communicate regulatory requirements (including E&O issues) to management and associates, and develop and deliver compliance training
• Review, draft and negotiate contracts, and escalate complex matters to International Legal
• Monitor license and registration applications, renewals, regulatory submissions and reports, and manage regulator relationships
• Track changes to laws and regulations, communicate their impact and update policies and procedures
• Carry out compliance reviews and quarterly audits, and run controls such as file reviews, AML, sanctions, client onboarding, market security and financial crime prevention
• Contribute to risk management assessments and controls, and manage legal matters together with Asia and International Legal and the Risk & Compliance Department
• Supervise and coach junior members, manage team workload, and support ad-hoc matters such as internal investigations and regulatory enquiries

Required profile

• Bachelor's degree or above in business management or a related field
• Legal qualification or training preferred (admission to practice in a common law jurisdiction; Singapore experience is a bonus)
• 5+ years of proven experience in a legal and compliance role within the insurance industry
• Team player with a positive, pragmatic attitude
• Proven ability to meet business needs within the risk and compliance framework
• Sound judgement and strong relationship management with regulators and senior stakeholders

Required skills

• Strong knowledge of regulatory frameworks and compliance issues in broking, including E&O
• Professional verbal and written communication