Risk & Compliance - Broker

Monee; Jakarta Pusat; On-site; IDR 250,000,000 - 450,000,000; Full time

Job summary

Monee in Jakarta seeks a skilled compliance professional to independently conduct end-to-end risk reviews across business processes, policies, and operations, mapping risks to regulations. You will prepare actionable recommendations and monitor their closure, while coordinating with internal teams during OJK examinations.

The role emphasizes strong analytical capabilities, regulatory knowledge, and the ability to engage regulators and senior management with clear communications and

Qualifications

• Bachelor’s degree in Law, Management, Accounting, Economics, Actuarial Science or related field.
• Minimum 4 years of experience in compliance, risk management, or audit in financial services; insurance/regulatory background preferred.
• Strong understanding of insurance and broker regulations, OJK requirements, AML/CFT, and data protection.
• Able to work independently with ownership of results.
• Excellent verbal and written communication with regulators and senior management.

Responsibilities

• Conduct independent end-to-end compliance risk reviews across processes, policies, procedures, and operations.
• Identify, assess, and map compliance risks and gaps against applicable regulations.
• Prepare findings with clear, measurable recommendations for management.
• Monitor follow-up of recommendations and report compliance status to management.
• Represent OJK examinations and audits, preparing required documents, data, and materials.
• Respond to regulators' questions accurately and on time with proper regulatory basis.
• Coordinate internal units during examinations to resolve audit findings within deadlines.
• Prepare periodic and incidental reports to regulators.
• Provide compliance views on new products, services, partnerships, and initiatives from planning.
• Assess regulatory implications and mitigations for new initiatives before launch.

Skills

Analytical skills

Risk assessment

Decision making

Communication skills

Independence

Regulatory knowledge

OJK regulations knowledge

Education

Bachelor's degree in Law, Management, Accounting, Economics, Actuarial Science

Job description

• Independent End-to-End Compliance Risk Review
• Independently conduct end-to-end reviews compliance risks, covering business processes, policies, procedures, and operational practices, from planning through reporting.
• Identify, assess, and map compliance risks and gaps against applicable regulations.
• Prepare review findings with clear, measurable, and actionable recommendations for management.
• Monitor the follow-up of recommendations through to completion and report on the compliance status to management on a regular basis.
• Regulatory Examinations and Relations
• Represent OJK examinations and audits, including preparing the required documents, data, and supporting materials.
• Respond to OJK's compliance-related questions accurately, on time, and with proper regulatory basis.
• Coordinate relevant internal units during examinations and ensure audit findings are resolved within the agreed deadlines.
• Prepare periodic and incidental reports to regulators.
• Support for New Business Development
• Provide compliance views and recommendations on proposed products, services, partnerships, and new business initiatives from the early planning stage.
• Assess the regulatory implications and potential compliance risks of each new initiative and recommend mitigation measures.
• Ensure new initiatives meet licensing requirements and applicable regulations before launch.

Job Description

• Independent End-to-End Compliance Risk Review
• Independently conduct end-to-end reviews compliance risks, covering business processes, policies, procedures, and operational practices, from planning through reporting.
• Identify, assess, and map compliance risks and gaps against applicable regulations.
• Prepare review findings with clear, measurable, and actionable recommendations for management.
• Monitor the follow-up of recommendations through to completion and report on the compliance status to management on a regular basis.
• Regulatory Examinations and Relations
• Represent OJK examinations and audits, including preparing the required documents, data, and supporting materials.
• Respond to OJK's compliance-related questions accurately, on time, and with proper regulatory basis.
• Coordinate relevant internal units during examinations and ensure audit findings are resolved within the agreed deadlines.
• Prepare periodic and incidental reports to regulators.
• Support for New Business Development
• Provide compliance views and recommendations on proposed products, services, partnerships, and new business initiatives from the early planning stage.
• Assess the regulatory implications and potential compliance risks of each new initiative and recommend mitigation measures.
• Ensure new initiatives meet licensing requirements and applicable regulations before launch.

Requirements

• Bachelor's degree in Law, Management, Accounting, Economics, Actuarial Science, or a related field
• Minimum 4 years of experience in compliance, risk management, or audit in financial services, preferably in insurance, insurance brokerage, or other OJK-regulated institutions; experience handling OJK examinations is a strong advantage
• Solid understanding of insurance and insurance broker regulations, OJK requirements, and related rules such as consumer protection, AML/CFT, and personal data protection
• Understanding of insurance brokerage business processes and risk management frameworks.
• Able to work independently with strong initiative and full ownership of results.
• Strong analytical, risk assessment, and decision-making skills.
• Excellent verbal and written communication skills, including the ability to engage with regulators and senior management.
• High integrity, attention to detail, and ability to maintain confidentiality.
• Certifications in compliance or risk management and professional broker/insurance certifications.