Head of Risk

Honest; Jakarta Pusat; On-site; IDR 900,000,000 - 1,500,000,000; Full time

Benefits offered by this job

ESOP

13th-month pay

Wellness allowance

Paid annual leave

Training subsidies

Jakarta office

Job summary

Honest in Jakarta leads risk management for a fintech that issues consumer credit cards in Indonesia. The senior role reports to the board, owning risk across credit, market, liquidity, and other key areas while interacting with regulators and lending partners.

You will build the risk appetite, develop systems to catch issues early, and lead a culture of risk awareness across the organization.

Qualifications

• Bachelor’s degree in Finance, Economics, Business Administration, or related field.
• Real experience running risk management inside a regulated financial institution.
• Working knowledge of OJK and Bank Indonesia rules for finance companies and credit card issuers.
• Track record building risk frameworks, not just maintaining ones built by others.
• Comfortable representing the company to regulators and lenders.
• Fluent English; experience across markets is a plus.

Responsibilities

• Own risk management across all eight risk types required by OJK.
• Write and maintain risk appetite, risk limits, and contingency plan; secure board sign-off yearly.
• Run the risk function independently from business and report to the board.
• Represent Honest to regulators, lenders, and partners on risk matters.
• Review new products and underwriting changes for risk exposure.
• Build reporting giving leadership a clear read on risk position.
• Build a risk-aware culture through training and plain communication.

Skills

Risk management

Regulatory knowledge

Analytical thinking

Board communication

English fluency

Education

Bachelor's degree in Finance, Economics, or related

MBA / FRM / PRM / CFA a plus

Job description

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
• 14 days of paid annual leave (pro-rated)
• Training course and book subsidies
• Jakarta office, in-person team

How we hire

Our hiring process is short and transparent, so you know exactly what you're signing up for.

1. We review your application.

2. We invite you to an initial call with the hiring team.

3. You meet the team you'd be working with for onsite interviews.

4. We make an offer.

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.