Head of Compliance

PT Kiwoom Sekuritas Indonesia; Jakarta Utara; On-site; IDR 900,000,000 - 1,400,000,000; Full time

Job summary

PT Kiwoom Sekuritas Indonesia is seeking a Head of Compliance to lead the company’s compliance function and ensure adherence to OJK, IDX, and related authorities. The role involves developing policies, conducting risk assessments, and driving regulatory reporting across business units.

The incumbent will oversee regulatory examinations, monitor developments, and advise the Board on regulatory requirements and potential risks, fostering a strong governance culture.

Qualifications

• Bachelor's degree in Law, Finance, Economics, Accounting, or related fields.
• Minimum 5 years of experience in Compliance, Legal, Risk Management, Internal Audit, or related functions, with managerial experience preferred.
• Strong knowledge of Indonesian capital market regulations (OJK, IDX, KSEI, KPEI) and AML-CFT.
• Possess WPPE/WPEE license and relevant Compliance Certification as required by regulations.
• Proven experience in developing and implementing compliance policies, procedures, monitoring programs, and regulatory reporting.

Responsibilities

• Lead and oversee the Compliance function to ensure regulatory compliance across the organization.
• Develop, implement, and continuously improve the compliance framework, policies, procedures, and programs.
• Conduct compliance risk assessments, regulatory gap analyses, and monitoring to mitigate regulatory risks.
• Monitor regulatory developments and ensure timely implementation of new or amended regulations.
• Ensure accuracy and timely submission of regulatory reports to OJK, IDX, and other authorities.
• Provide compliance advice to the Board, senior management, and business units on regulatory requirements and risks.
• Coordinate regulatory examinations, inspections, inquiries, and follow-up actions, including corrective actions.
• Lead and develop the Compliance team and promote a culture of compliance, integrity, and ethics.

Skills

Leadership

Regulatory knowledge

Analytical thinking

English communication

Decision making

Education

Bachelor's degree in Law, Finance, Economics, Accounting

Job description

Head of Compliance responsible for leading and overseeing the Compliance function to ensure the Company's activities comply with OJK, IDX, KSEI, KPEI, APU PPT, and other applicable regulations within the financial services or capital market industry.

Key responsibilities

Lead and oversee the Compliance function to ensure the Company's activities comply with OJK, IDX, KSEI, KPEI, APU PPT, and other applicable regulations.

Develop, implement, and continuously improve the Company's compliance framework, policies, procedures, and compliance programs.

Conduct compliance risk assessments, regulatory gap analysis, and compliance monitoring to identify and mitigate potential regulatory risks.

Monitor regulatory developments and ensure timely implementation of new or amended regulations across relevant business units.

Ensure the accuracy and timely submission of regulatory reports, notifications, and other regulatory requirements to OJK, IDX, and other relevant authorities.

Provide compliance advice and recommendations to the Board of Directors, senior management, and business units regarding regulatory requirements, new products, business initiatives, and potential compliance risks.

Coordinate regulatory examinations, inspections, inquiries, and follow-up actions, including monitoring the implementation of corrective action plans.

Lead and develop the Compliance team and promote a strong culture of compliance, integrity, and regulatory awareness throughout the Company.

Requirement

Bachelor's degree in Law, Finance, Economics, Accounting, or related fields.

Minimum 5 years of experience in Compliance, Legal, Risk Management, Internal Audit, or related functions within the financial services or capital market industry, with managerial experience preferred.

Strong knowledge of Indonesian capital market regulations, including OJK, IDX, KSEI, KPEI, and other applicable regulations.

Strong understanding of APU PPT/AML-CFT, compliance risk management, corporate governance, and internal control.

Possess a valid WPPE/WPEE license and relevant Compliance Certification (Sertifikasi Kepatuhan) as required by applicable regulations.

Proven experience in developing and implementing compliance policies, procedures, monitoring programs, and regulatory reporting.

Strong analytical, leadership, problem-solving, and decision-making skills, with high integrity and professional ethics.

Excellent communication, presentation, and report-writing skills in both Indonesian and English.

Ability to effectively liaise with senior management, regulators, and internal/external stakeholders.

PT Kiwoom Sekuritas Indonesia (KSI) is a subsidiary of Kiwoom Securities Co., Ltd. (Kiwoom) in Korea which owns a 70% stake of KSI. Kiwoom is number one on-line trading securities firm in Korea with its biggest market share in brokerage business in Korea for more than seven years in a row.

Since starting its business in Indonesia since December 1995 in a joint type of firm between Korea and Indonesia, Dongsuh Securities (DS) became under wholly control of a locally domiciled Korean company named PT. Pratama Abadi Industri in April 1999 and finally taken over by Kiwoom in January 2011.

In the wake of Kiwoom’s dominant presence in KSI, its paid-in capital was increased in October 2010 to around 69 billion IDR from 43.5 billion IDR. As of February 2011, with its three branches and five galleries in Jakarta, Surabaya, Bandung, and Medan, KSI has provided local clients and Korean clients with its investment service. And further quality service is anticipated once its new powerful on-line trading system is launched due June this year. The new system is being now contrived by Kiwoom in Korea with its great efforts.

KSI shall expand its business boundary into many other areas after solidifying its retail business base and securing confidence from clients with continuous support from Kiwoom as it has done in the past sixteen years.

PT Kiwoom Sekuritas Indonesia (KSI) is a subsidiary of Kiwoom Securities Co., Ltd. (Kiwoom) in Korea which owns a 70% stake of KSI. Kiwoom is number one on-line trading securities firm in Korea with its biggest market share in brokerage business in Korea for more than seven years in a row.

Since starting its business in Indonesia since December 1995 in a joint type of firm between Korea and Indonesia, Dongsuh Securities (DS) became under wholly control of a locally domiciled Korean company named PT. Pratama Abadi Industri in April 1999 and finally taken over by Kiwoom in January 2011.

In the wake of Kiwoom’s dominant presence in KSI, its paid-in capital was increased in October 2010 to around 69 billion IDR from 43.5 billion IDR. As of February 2011, with its three branches and five galleries in Jakarta, Surabaya, Bandung, and Medan, KSI has provided local clients and Korean clients with its investment service. And further quality service is anticipated once its new powerful on-line trading system is launched due June this year. The new system is being now contrived by Kiwoom in Korea with its great efforts.

KSI shall expand its business boundary into many other areas after solidifying its retail business base and securing confidence from clients with continuous support from Kiwoom as it has done in the past sixteen years.