Risk & Compliance Manager

BukuWarung; Daerah Khusus Ibukota Jakarta; On-site; USD 30.000 - 50.000; Full time

Job summary

A fintech startup is seeking a Risk & Compliance Manager to oversee risk, fraud, and compliance across payment products. This role combines strategic thinking with ground-level problem solving, requiring expertise in fraud management and compliance oversight. Candidates should have 5-8 years of relevant experience and a strong analytical skill set for implementing effective risk controls.

Qualifications

• 5–8 years of experience in risk management, fraud prevention, or compliance, ideally in fintech.
• Strong understanding of fraud typologies: wallets, transfers, identity fraud.
• Hands-on experience with fraud investigation and implementation of risk controls.

Responsibilities

• Design and implement controls to prevent fraud and financial crime.
• Investigate suspicious activities and maintain documentation.
• Ensure compliance with local regulations and conduct audits.

Skills

Analytical skills

Investigative skills

Communication skills

Fraud prevention

Risk management

Tools

SQL

Excel

Job description

Job Description: Risk & Compliance Manager – Payments

About Us:

We are a fast-growing fintech startup on a mission to empower MSMEs with secure, inclusive, and accessible financial services. From payments to wallets to EDCs, our product suite is rapidly expanding. We are building for scale and impact—with a sharp focus on reliability, compliance, and user trust.

Role Overview:

We are looking for a Risk & Compliance Manager to join our team and take ownership of risk, fraud, and regulatory compliance across our payments products. This is a hands-on, high-impact role that combines fraud risk management, compliance oversight, and product risk assessment. You’ll work closely with product, operations, and legal teams to ensure we grow responsibly and sustainably.

This is a great opportunity for someone who enjoys a balance of strategic thinking and on-ground problem solving.

Key Responsibilities

Fraud & Abuse Risk Management

• Design and implement proactive controls to detect and prevent fraud, promo abuse, and financial crime across payments workflows.
• Investigate suspicious activities in real-time, coordinate internal responses, and maintain comprehensive documentation of investigations, incidents, and risk assessments.
• Perform fraud risk assessments for new products, processes, and partners, and recommend mitigations.
• Analyse fraud patterns and user behaviours to recommend rule changes, product improvements, or partner actions.
• Collaborate with product, operations, and compliance teams to design and implement risk controls.
• Conduct periodic audits across internal processes, operations, and partners to ensure compliance with internal policies and regulatory requirements.
  
  

Compliance & Regulatory Coordination

• Ensure adherence to local regulations (OJK, BI), including KYC, AML, and reporting obligations.
• Collaborate with compliance consultants/legal to stay ahead of regulatory changes and build compliant processes.
• Maintain and audit internal policies related to data privacy, partner due diligence, and consumer protection.
  
  

Cross-functional Collaboration & Reporting

• Work with product, engineering, and ops to embed risk controls into user journeys and backend systems.
• Act as the first line of defence and represent risk in internal reviews and external audits.
• Prepare dashboards and insights for leadership on risk trends, exposure, and mitigation strategies.
  
  

Qualifications

• 5–8 years of experience in risk management, fraud prevention, or compliance, ideally in fintech.
• Strong understanding of fraud typologies in wallets, transfers, EDCs, QRIS, wallets, identity fraud, synthetic KYC, promo abuse, chargebacks) and preventive measures.
• Hands-on experience with fraud investigation, transaction monitoring, and risk control implementation.
• Knowledge of regulatory requirements such as KYC, AML, BI reporting, and data protection best practices.
• Strong analytical and investigative skills—comfortable with SQL, Excel, or using fraud monitoring tools.
• Ability to work independently, prioritise effectively, and communicate clearly across teams.
• Excellent communication skills with the ability to influence across product, ops, and leadership.
  
  

Nice to Have

• Experience building or working with early-stage lending products
• Indonesian regulatory knowledge or experience working with BI filings