TITLE: VP, Counsel (Marsh USA, Inc. - New York, NY)
DUTIES: Responsible for legal as well as compliance functions in Puerto Rico and providing support to both functions in Latin America. Under general supervision, handle routine corporate, litigation, or other specialized legal matters and projects within Puerto Rico. Interact with outside legal counsel for the Company as well as outside counsel for adverse parties and governmental agencies. Review litigation documents. Lead critical legal and compliance initiatives, priorities and projects, including the implementation of limits of liabilities and measures to help prevent errors & omissions. Review and implement measures to comply with applicable regulatory requirements including privacy notices and data protection protocols under federal and local laws such as the Gramm-Leach-Billey Act (GBLA) and the Health Insurance Portability and Accountability Act (HIPAA), regulations related to required methods of payments including the Payment Card Industry Data Security Standard (PCI-DSS) obligations, trade sanctions and Anti-Money Laundering (AML)-related obligations. Analyze obligations to disclose potential issues to a regulator, and review local business initiatives under applicable laws, such as local regulations on internet insurance transactions. Review, analyze and respond to complaints before regulators. Monitor regulatory developments in Puerto Rico for changes that may impact Marsh's operations, including changes in required methods of payment or surplus lines procedures, as well as global data privacy regulatory changes that may impact Marsh's operations, including on cybersecurity, data breach reporting, consents, data destruction and data transfer requirements. Assist with audits and reviews performed by regulators or by the Company's internal audit team, including follow up to complete required corrective actions. Implement procedures to address regulatory issues or risks. Review, analyze, report and advise on legal and compliance pre-acquisition due diligence and post-acquisition integration on mergers and acquisition (M&A) transactions. Implement Anti-bribery and Corruption, Anti-Money Laundering, Data Privacy and Economic Sanctions programs and protocols and related training, communications and monitoring. Prepare and update template materials such as due diligence questionnaires, review checklists, integration plans, and reports. Lead strategic risk assessments and develop management plans to mitigate potential business risks. Develop professional standards, Insurer Revenue, and Licensing processes, training, and monitoring.
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