Assistant Counsel, Legal, Compliance & Public Affairs (HK & Macao) Hong Kong - Taikoo

Company:

MMC Corporate

Description:

We are seeking a talented individual to join our legal team. This role will be based in Hong Kong. This is a hybrid role that has a requirement of working at least three days a week in the office.

The Assistant Counsel will be based in Hong Kong and will report to the Marsh Mercer Hong Kong and Macao Chief Counsel. This role has responsibility for collaborating with business leaders of Marsh and Mercer in Hong Kong and Macao to understand the business environment and strategy in order to advise and provide guidance on potential risks.  The Assistant Counsel will regularly engage with the local regulators and ensure Marsh’s and Mercer’s compliance with applicable law and regulation in Hong Kong and Macao.  He / she will also implement legal and compliance strategy, processes and goals in the Marsh’s and Mercer’s Hong Kong and Macao operations.

We will count on you to:

• Provide analysis and counsel on a range of legal issues, including corporate issues, business structures and models, M&A, property related issues, employment issues, insurance and reinsurance under local Hong Kong and Macao law
• Oversee the drafting, review and negotiation of contracts and related documents with clients and for the procurement or provision of goods and services, confidentiality of proprietary information, employment, leases of space and equipment, and software licenses
• Assist with regulatory advisory work under local law in Hong Kong and Macao
• Anticipate and identify legal issues in Hong Kong and Macao of concern to the business and develop legal strategies and solutions, often in situations of high risk with limited time for assessing alternatives
• Analyse a broad range of local laws and regulations in Hong Kong and Macao affecting the operations of Marsh and Mercer including those arising from corporate structures and business models
• Engage outside counsel on complex legal issues, and supervise and coordinate all work sent to external law firms
• Manage Cyber and Data Privacy controls, manage data incidents and reporting
• Manage the Anti-Money Laundering and Counter Financing of Terrorism program
• Monitor colleague participation and execution of compliance standards in the areas of anti-competition, gifts and entertainment, anti-money laundering, sanctions, Client First Principles, client service agreements, errors & omissions (E&O) and other legal / compliance policies and topics
• Assist with and review all Third Party Provider (TPP) submissions, renewals and payments for compliance with company policy and procedure, including timeliness of submissions and renewals, prior to TPP engagement
• Review regulations / directives and global / regional policies and explain their requirements and applicability to the Marsh’s and Mercer’s Hong Kong and Macao colleagues and operations
• Develop procedures, processes and policies to support the legal and compliance function, in conjunction with all internal and external standards and regulations. Support with training, communications and monitoring
• Manage internal investigations until conclusion and make related recommendations to the relevant committees for consequences of potential non-compliance based on facts identified through the investigation process
• Ensure effective processes exist to address E&O prevention and mitigation. Triage, investigate, mitigate, and close E&O claims as well as assisting in reviewing claims history, identifying trends, and developing awareness education to avoid repeatable incidents
• Advise business leaders on the status of compliance, transparency, and overall professional liability performance of colleagues
• Work closely with operations, finance, human resources in relation to reviewing business practices / corporate structures, developing and maintaining compliance controls, training and investigations
• Support and implement global / regional legal and compliance efforts for Marsh and Mercer in Hong Kong and Macao and promote an ethical and legally compliant business culture
• Oversee and manage company secretary responsibilities, which include matters relating to the Board and corporate governance 

What you need to have:

• Qualified in common law jurisdiction (3-5 years post qualification experience) and admitted to practice
• Fluent in English and Cantonese
• Experience in working in-house with a multi-national company or with a reputable law firm with
• Experience in legal and compliance management
• Experience of regulatory advisory work, preferably in insurance or financial services sectors
• Excellent drafting and organizational skills
• Ability and willingness to learn and work in a fast-paced environment
• Ability to analyze complex compliance, regulatory and/or legal problems quickly and concisely without direct supervision
• Ability to exercise good judgment even in ambiguous situations
• Responsibility for review, drafting and negotiation of documentation

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X.

Marsh McLennan is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.