Head of Risk

Honest; Indonesia; On-site; IDR 80,000,000 - 180,000,000; Full time

Benefits offered by this job

ESOP

Jakarta office

14 days annual leave

Health insurance

Training course subsidies

Wellness allowance

13th-month festive allowance

Job summary

Honest in Jakarta is seeking a senior risk leader to own risk management across credit, market, operations, liquidity, legal, compliance, and reputation. You will set risk appetite, build systems to catch problems early, and report risk exposure directly to the board.

Lead interactions with OJK, Bank Indonesia, and lending partners, review product changes for risk, and create transparent risk reporting while building a risk-aware culture company-wide.

Qualifications

• Experience in risk management within a regulated financial institution.
• Working knowledge of OJK and Bank Indonesia rules applicable to finance companies and credit card issuers.
• Track record of building risk frameworks, not just maintaining existing ones.
• Comfort representing the company to regulators and lenders; strong board-facing presence.

Responsibilities

• Own risk management across eight risk types required by OJK: credit, market, operational, strategic, liquidity, legal, compliance, and reputation.
• Write and maintain the risk appetite statement, risk limits, and worst-case contingency plan with annual board sign-off.
• Run the risk function independently from business/ops and report risk exposure directly to the board.
• Represent Honest to regulators and lenders on risk matters, including the annual risk profile report.
• Review new products, partnerships, and underwriting changes for risk exposure before launch.
• Build reporting that shows leadership a clear view of actual risk, not just policy.
• Foster a risk-aware culture through training and clear communication.

Skills

Risk management

Regulatory compliance

Analytical thinking

Communication

Fluent English

Education

Bachelor's degree in Finance/Economics/Business

Job description

About Honest

Honest is a Series B fintech building the dominant credit card in Indonesia. We've raised $70 million, our app has over a million downloads with a 4.8 rating, and we're already the market leader in credit card issuance. Jakarta is where we build and run the product for the Indonesian market. Commercial, growth, operations, and customer teams all sit together in one office.

The role

You'll own risk management at Honest: credit, market, operational, strategic, liquidity, legal, compliance, and reputation. You'll set our risk appetite, build the systems that catch problems before they get expensive, and represent Honest to OJK, Bank Indonesia, and our lending partners. This is a senior seat with direct visibility to the board.

What you'll do

• Own risk management across all eight risk types OJK requires we track: credit, market, operational, strategic, liquidity, legal, compliance, and reputation.
• Write and maintain the risk appetite statement, risk limits, and worst-case contingency plan, and get board sign-off on all three every year.
• Run Honest's risk function independently from the business and operations teams, and report directly to the board on our risk exposure.
• Represent Honest to OJK, Bank Indonesia, lenders, and partners on every risk matter, including the annual risk profile report OJK requires each February.
• Review new products, partnerships, and underwriting changes for risk exposure before they launch.
• Build the reporting that gives leadership a clear, regular read on where Honest's risk actually sits, not just where policy says it should sit.
• Build a risk-aware culture across the company through training and plain communication, not just documentation.

What we're looking for

• Bachelor's degree in Finance, Economics, Business Administration, or a related field. An MBA, FRM, PRM, or CFA is a plus.
• Real experience running or building risk management inside a regulated financial institution: a bank, multifinance company, insurer, or pension fund.
• Working knowledge of the OJK and Bank Indonesia rules that apply to finance companies and credit card issuers.
• A track record of building risk frameworks, not just maintaining ones someone else built.
• Comfortable representing the company to regulators and lenders, and holding your ground in the room.
• Fluent English. Experience working across markets is a plus.
• Sharp analytical thinking paired with the communication skills to get a skeptical board on your side.

What makes you stand out

• Experience with consumer lending or credit card risk, including underwriting and collections.
• Direct experience working with OJK, Bank Indonesia, or another financial regulator.
• Excited to build a risk function from the ground up, not just run one that already exists.

What we offer

• ESOP: everyone at Honest gets equity, no exceptions. Latest funding round exercise price, 4-year vest with a 1-year cliff.
• Annual base salary in IDR, inclusive of the 13th-month festive allowance
• Monthly wellness allowance of IDR 700,000
• 14 days of paid annual leave (pro-rated)
• Full company health insurance
• Training course and book subsidies
• Jakarta office, in-person team

Honest hiring

Honest is built by people from very different backgrounds, and we hire that way on purpose. We don't care about your nationality, gender, religion, sexual orientation, age, or disability. We care whether you'll do the work well and treat the people around you with respect.