Job Openings HEAD OF COMPLIANCE

About the job HEAD OF COMPLIANCE

HIRING POSITION: HEAD OF COMPLIANCE

WORKING CONDITION: ON-SITE

LOCATION: BANGKOK, THAILAND (MRT ACCESSIBLE)

PAY RATE: THB 100000 TO THB 150000

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Our esteemed client holds a prominent position in Thailand's petroleum, gas, and transportation sectors, distinguished by their dynamic and forward-thinking approach. Beyond their impressive management of a widespread network of petrol stations and the provision of comprehensive support services, the company has embarked on a remarkable diversification journey. They have successfully expanded their operations to encompass convenience stores, cutting-edge health product development, and even ventured into the realm of digital currency exchange.

Driven by a relentless pursuit of customer-centricity, our client is dedicated to transforming into an innovative digital platform that adds substantial value to its esteemed clientele. This transformative endeavor aims to elevate customer convenience by seamlessly integrating with an array of complementary services. Among these offerings are a suite of financial solutions, encompassing cutting-edge e-wallets, flexible lending options, indispensable auto insurance, and captivating lifestyle applications such as immersive guided tours.

Undeterred by geographical boundaries, our client's vision extends far beyond local horizons. They are resolute in their aspiration to expand their business internationally, charting a bold trajectory toward achieving the esteemed status of a global enterprise. With unwavering determination and an unwavering commitment to excellence, our client embraces the challenge of transcending borders and seizing opportunities on the international stage.

Job Highlights:

  • Legal, Compliance, and Risk Management
  • Governance
  • Market Conduct

Job Description:

The main purpose of this position is to oversee and ensure the proper execution of organizational tasks in compliance with relevant laws, regulations, and guidelines, such as those set by the Anti-Money Laundering Office, the Bank of Thailand, and other governing bodies, to avoid legal and regulatory issues for the company.

Responsibilities include ensuring compliance with applicable laws, including data protection regulations (PDPA), and other legal matters related to personal and corporate rights.

Major Tasks/Responsibilities:

Compliance:

  1. Managing and assessing risks associated with business operations and implementing internal controls to comply with laws, regulations, company policies, and announcements, considering their impact on the company.
  2. Reviewing company activities to develop and improve processes to align with applicable laws and regulations governing business operations.
  3. Supervising and monitoring various departments to ensure compliance with relevant laws.
  4. Coordinating with government agencies or regulatory bodies to ensure compliance with laws and regulations.
  5. Developing plans and monitoring the implementation of the company's compliance with laws and regulations.
  6. Supporting the development and review of policies and procedures to enhance the company's compliance with laws and regulations.
  7. Evaluating and proposing solutions to mitigate potential risks and prevent any violations of laws and regulations.
  8. Assessing and establishing risk management guidelines for compliance with applicable laws and regulations.
  9. Promoting knowledge, understanding, and awareness of compliance with laws and regulations within the company.

Personal Data Protection Act (PDPA) Compliance:

Data Protection Officer (DPO) Responsibilities:

  1. Oversee and manage the data protection activities of the company in compliance with relevant laws and regulations, including those governed by the Personal Data Protection Act (PDPA) and other applicable laws.
  2. Collect and study relevant regulations and guidelines related to data protection within government agencies and stay informed about any changes or updates affecting various departments and ensure compliance.
  3. Establish appropriate measures and policies for data protection within the company, ensuring compliance with relevant laws and regulations.
  4. Develop and implement plans and guidelines for the company's operations in alignment with data protection laws and regulations.
  5. Coordinate and collaborate with the Office of the Personal Data Protection Commission and other relevant government agencies in case of issues related to data collection, processing, or disclosure by the company.
  6. Establish screening criteria and provide feedback on policies and implementation guidelines to ensure the company's compliance with data protection laws and regulations.
  7. Provide guidance and recommendations on the implementation of data protection activities to different departments, in accordance with the PDPA and other relevant laws.
  8. Manage and handle incidents and respond to any data breaches or incidents promptly and appropriately.
  9. Coordinate with government agencies or regulatory bodies to ensure compliance with applicable laws and regulations.
  10. Review and make necessary adjustments to the company's operations to ensure compliance with data protection laws and regulations.
  11. Monitor and assess the effectiveness and results of compliance with data protection laws and regulations, reporting to management and relevant committees as required.
  12. Monitor and verify requests for access to personal data to ensure compliance with timelines and conditions stipulated.
  13. Prepare reports summarizing the implementation of data protection activities and submit them to the appropriate stakeholders.
  14. Monitor and assess the effectiveness and results of compliance with data protection laws and regulations, reporting to management and relevant committees at regular intervals.

Qualifications:

  1. Extensive Knowledge of Compliance: Possesses in-depth knowledge and understanding of relevant laws, regulations, and guidelines, including but not limited to anti-money laundering regulations, financial regulations, and data protection laws. Keeps up-to-date with changes in compliance requirements and industry best practices.
  2. Strong Legal Background: Holds a degree in Law or a related field, and preferably has prior experience working in a legal capacity. Familiarity with legal frameworks and the ability to interpret and apply laws and regulations to ensure compliance.
  3. Leadership and Management Experience: Has at least 7 years of professional experience, with a minimum of 5 years in management roles. Demonstrates effective leadership skills, including the ability to supervise, motivate, and guide teams. Experience in managing compliance teams and overseeing compliance-related projects.
  4. Risk Management Expertise: Possesses a deep understanding of risk management principles and methodologies. Capable of identifying potential risks and implementing internal controls and risk mitigation strategies. Experience in assessing and managing risks associated with business operations.
  5. Governance and Corporate Compliance: Familiarity with corporate governance principles and practices. Experience in developing and implementing compliance frameworks, policies, and procedures to ensure adherence to regulatory requirements. Knowledge of corporate compliance programs, ethics, and code of conduct.
  6. Regulatory Engagement and Coordination: Demonstrates experience in coordinating with government agencies or regulatory bodies to ensure compliance with laws and regulations. Ability to establish and maintain positive relationships with regulatory authorities and serve as a point of contact for compliance-related matters.
  7. Strong Analytical and Problem-Solving Skills: Exhibits excellent analytical and critical thinking abilities. Capable of identifying compliance gaps, evaluating risks, and proposing effective solutions to mitigate potential compliance violations. Ability to assess complex situations and make sound decisions.
  8. Excellent Communication and Training Skills: Possesses exceptional verbal and written communication skills. Ability to effectively communicate complex compliance concepts to stakeholders at all levels of the organization. Experience in delivering compliance training and promoting awareness of compliance within the company.
  9. Detail-Oriented and Organized: Displays a strong attention to detail and meticulousness in managing compliance-related tasks. Ability to handle large volumes of information, documentation, and regulatory requirements. Well-organized and capable of prioritizing tasks effectively.
  10. Ethical and Trustworthy: Demonstrates a high level of integrity and ethical conduct. Upholds professional standards and confidentiality. Ability to handle sensitive information and maintain the trust of stakeholders.
  11. Industry Knowledge: Familiarity with the energy industry or relevant sectors is a plus. Understanding of the specific compliance challenges and regulations related to the industry.

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