The Head of Compliance is the key person in establishing standards and implementing procedures to ensure that the compliance programs throughout the organization are effective and efficient in identifying, preventing, detecting and correcting noncompliance with applicable laws and regulations
Job Description
- Providing guidance, advice, and/or training and educational programs, to improve business' understanding of related laws and regulatory requirements.
- Preparing and presenting clear and concise compliance reports to the Board.
- Coordinating efforts related to audits, reviews, and examinations.
- Lead efforts to create and manage company policies to support implementation of regulation.
- Ensure that all required compliance reporting and document submissions to regulation bodies are completed and properly submitted.
- Coordinating internal compliance review and monitoring activities, including periodic reviews of departments
- Reaching out to related stakeholders (Bank Indonesia, OJK and others) on managing compliance risk by building a good relationship and proactively giving inputs to them, steering the regulatory landscape for a more favorable business climate
- Conduct compliance socialization and training for internal stakeholders.
Requirements:
- 7 years experience preferably in Banking/Financial Service/Fintech industry
- 6 years experience of hands-on experience with the regulator (OJK/BI), with proven well-established network with the regulators.
- Able to think from regulator perspective, connecting the dots' and give meaningful feedback to the business on regulatory requirements
- Have an appetite to deep dive and dig down word-by-word on understanding OJK regulations and able to interpret the meaning in the context of Banking/Financial industry
- Team player, with collaborative mind set and can do attitude
- Legal background preferred