Risk & Compliance - Broker Experienced (Individual Contributor) Jakarta Compliance

Monee; Jakarta Pusat; On-site; IDR 350,000,000 - 550,000,000; Full time

Job summary

Monee is a leading digital payments and financial services provider expanding in Southeast Asia. We seek a compliance professional to lead independent end-to-end reviews, assess regulatory risks, and deliver actionable recommendations to management.

You will coordinate with regulators during examinations, support licensing initiatives, and ensure new products comply with applicable rules and protections for customers.

Qualifications

• Bachelor's degree in a related field and strong regulatory knowledge across insurance/OJK rules.
• Proven ability to map regulation to business processes and risk controls.
• Excellent written and verbal communication with regulators and senior management.

Responsibilities

• Independently conduct end-to-end compliance risk reviews across processes and practices.
• Identify, assess, and map compliance risks and gaps against regulations.
• Prepare actionable findings and monitor follow-up with management.

Skills

Analytical skills

Risk assessment

Decision making

Regulatory communication

Education

Bachelor's degree in Law

Bachelor's degree in Management

Bachelor's degree in Accounting

Bachelor's degree in Economics

Actuarial Science

Job description

Monee is a leading digital payments and financial services provider in Southeast Asia, with a growing presence in Latin America. Its mission is to better the lives of individuals and businesses in the region with financial services through technology.

Monee delivers a comprehensive range of digital financial products and services, including mobile wallets, payment processing, credit, banking, and insurtech. By leveraging technology and strategic partnerships, Monee aims to drive greater digital financial inclusion, convenience, and accessibility for individuals and small businesses across Southeast Asia and Latin America.

Monee is part of Sea Limited, a global technology company.

Job Description:

1. 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.

2. 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.

3. 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.