Head of Legal and Compliance

Job Purpose
This role is based in Hanoi, Vietnam and the individual will be the Legal & Compliance function lead for our TrueMoney business. This role will entail advising the business and seeing through our day-to-day business operations as well as support the Headquarter in Thailand on various regional projects.
Job Description
Reporting directly to the International Head of Legal and International Head of Compliance based in Thailand with a dotted-line report to the Country Managing Director, the Head of Legal & Compliance oversees and manages the Company's Legal & Compliance Practice of TrueMoney Vietnam and its related entities, functioning as an independent and objective body that provides Legal and Compliance advisory and overseeing all legal documents and corporate registrations, liaise with the regulators and the central bank, regulatory compliance and business licenses management, as well as provide support to other related functions within the organization. Successful execution is key for performing to support business growth, mitigate the Legal and Compliance risk and achieve long term business goals.
I. ESSENTIAL DUTIES AND RESPONSIBILITIES:
Legal
● Manage and maintain the Company's legal practice to Headquarters' standards.
● Review, draft, and negotiate all kinds of contract and legal documents relating to the Company's business, which include, but not limited to mobile financial services, cross-border payment and remittance, e-wallet, and consumer lending, as well as related legal issues such as corporate registrations, employment, intellectual property, and dispute resolution.
● Provide concise, comprehensive and practical legal advice and solutions to relevant functions.
● Create legal risks awareness to relevant functions and, where necessary, review, educate and give advice to the practice of said functions to ensure legal standards are met.
● Efficiently coordinate and build trust with all stakeholders (local, regional team, relevant functions, vendor), as well as liaison with external counsels.
● Support the data protection and data privacy practice of the Company.
● Report to and assist the International Head of Legal of all local and HQ on strategic deals and projects.
Compliance
● Discharge all responsibilities as the nominated Compliance Officer in accordance with regulations in Vietnam.
● Maintain strong relationship and communication with the State Bank and coordinate with them for any queries
● Ensure regulatory reporting requirements are met on a timely basis;
● Assist in the license application or renewal including all regulatory activities and requirements concerning it;
● Monitor and assist closure of regulatory, internal or external audit processes, and responding to administrative queries in conjunction with the management.
● Impact analysis of new policies and regulatory/in-country laws and regulations and provide guidance in the design and implementation.
● Render regulatory compliance advice on all aspects of compliance, including but not limited to AML/KYC, outsourcing, business continuity and technology;
● Evaluate the effectiveness of internal policies and procedures, analyze data and indicators to proactively identify weaknesses in policies and procedures and propose changes.
● Perform duties on AML/CFT for Customer Identification & Verification; monitor risk classification; conduct Enhanced Due Diligence (EDD) for high-risk customers; report suspicious transactions; and develop training materials and plan for company employees
● Regularly report compliance issues to company leadership and Regional Compliance.
● Develop the annual compliance work plan by adhering to the Regional guidance
● Support, participate and deliver Regional projects, issues and queries
● Perform other Compliance duties as assigned by the Managing Director or Regional Compliance, as may be relevant.
BENEFITS:
- Compensation:
• Salary increment and bonus basing on OKRs mid-year and year-end review.
• 13th-15th month salary in accordance with the Company's policies and regulations.
• 18 days of leaves with full salary.
• Meal, gasoline, and mobile phone allowance and personal health insurance package allowance (with the insurance package from 200usd to 400usd per year)
• Annual summer vacation, Team-building activities monthly.
• Holidays bonus
• The company's allowance of maternity leave for female employees: 5M VND
• Learning and Development programs
• And other benefits according to the Company's compensation system.
- Other information:
• Office hours: Monday- Friday, from 8:30am-5:45pm.
• Friendly, high-performance, dynamic and modern working environment in a leading Fintech company in Southeast Asia.
• Working with the modern equipment needed to improve work efficiency.
• Cooperating and working with many domestic and multinational partners.