Head of Compliance

Cermati.com; Daerah Khusus Ibukota Jakarta; On-site; IDR 400.000.000 - 450.000.000; Full time

Job summary

A fintech company in Jakarta is seeking a compliance manager to lead all compliance activities and initiatives. You will support new business development by ensuring adherence to applicable laws and regulations and will be responsible for developing an effective compliance team. Ideal candidates will have over 5 years of experience in a compliance role and possess strong analytical and presentation skills. The position requires extensive interfacing with financial regulators and knowledge of various financial products.

Qualifications

• 5+ years experience in compliance, risk management or audit function at a fintech or financial institution.
• Extensive interfacing with financial regulators (OJK, BI, Bappebti).
• Knowledge in regulations of at least 2 financial products (e-wallet, multifinance, commodity futures, etc.).

Responsibilities

• Drive key projects related to new licensing with regulators.
• Stay updated with new regulations and assess their impact.
• Liaise with stakeholders to ensure compliance.
• Develop and implement compliance monitoring program.
• Identify, prevent, and correct non-compliance issues.

Skills

Regulatory compliance

Analytical skills

Presentation and influencing skills

Education

Bachelor’s degree in Law, Finance, or Banking Administration

Job description

Job Description

As the main person in charge for all compliance activities and initiatives in Cermati Fintech Group, you will play a critical role in supporting new business development, new products, and ensuring business continuity by ensuring compliance to applicable laws and regulations. As the organization continues to grow, you will also be in charge of developing a solid and effective compliance team.

Responsibilities

• Drive key projects related to new licensing with Bank Indonesia, OJK, Bappebti, or other applicable regulators
• Stay up-to-date with new and updates to current regulations, assess and interpret the impact on our business
• Liaise with different stakeholders to drive the necessary changes to comply with the law and regulations
• Develop and implement compliance monitoring program, including setting up systems to ensure compliance to Anti-Bribery & Corruption and AML-CFT (APU-PPT) regulations
• Actively develop professional network and influence within the applicable associations and regulators (AFPI, APPI, Apparindo, etc)
• Responsible to identify, prevent, and correct non-compliance with applicable laws and regulations within the company
• Ensure all routine and adhoc reports to regulators are submitted accurately and in a timely manner
• Perform or direct the internal investigation of compliance issues

Qualifications

• Minimum bachelor’s degree in Law, Finance, or Banking Administration
• 5+ years experience in a compliance/risk management/audit function at a fintech or financial institution, or have been a legal counsel at a law firm
• Extensive interfacing with financial regulators (OJK, BI, Bappebti) both in regular reporting and new product licensing
• Solid knowledge in the regulations of at least 2 financial products (e-wallet, multifinance, commodity futures, securities trading, or else)
• Meticulous and have sharp analytical skills
• Strong presentation and influencing skill