Senior Compliance Manager
About this position
We are seeking a highly skilled Senior Compliance Manager with extensive experience in governance, risk, and compliance (GRC) to join our team. The ideal candidate will have a strong background in compliance, particularly in licensing, with a focus on Bank Indonesia regulations.
Responsibilities
• Compliance Leadership: Lead the development, implementation, and maintenance of compliance programs, ensuring adherence to relevant laws, regulations, and internal policies.
• Licensing Expertise: Oversee the licensing process with Bank Indonesia, leveraging existing networks and relationships to facilitate smooth and efficient applications.
• Regulatory Relationship Management: Cultivate and maintain strong relationships with regulatory bodies, particularly Bank Indonesia, to stay abreast of regulatory changes and effectively advocate for the organization's interests.
• Risk Management: Identify, assess, and mitigate compliance risks, developing strategies and protocols to minimize potential liabilities.
• Policy Development: Develop and update compliance policies and procedures in accordance with regulatory requirements and industry best practices.
• Training and Education: Conduct compliance training sessions for employees to ensure awareness and understanding of compliance obligations.
• Compliance Monitoring and Reporting: Establish strong monitoring mechanisms to track compliance activities and prepare regular reports for senior management and regulatory authorities.
• Cross-functional Collaboration: Collaborate with internal stakeholders to integrate compliance considerations into business processes and decision-making.
• Audit Support: Coordinate with internal and external auditors to facilitate compliance audits and examinations, addressing any findings or recommendations promptly.
• Continuous Improvement: Stay updated on changes in regulatory landscape and industry trends, proactively recommending enhancements to compliance programs and processes.
Requirements
• Compliance or relevant discipline preferred.
• Proven experience of minimum 8 years in a senior compliance role, with a focus on regulatory compliance, preferably in the banking or financial services sector.
• Extensive knowledge of Bank Indonesia regulations and licensing requirements, with a successful track record in navigating complex regulatory environments.
• Strong project management skills, with the ability to lead and execute compliance initiatives effectively.
• Excellent interpersonal and communication skills, with the ability to build and maintain relationships with regulatory authorities and internal stakeholders.
• Analytical mindset with the ability to identify compliance risks and develop practical solutions.
• Detail-oriented with strong organizational skills and the ability to manage multiple priorities.
• Team player with a collaborative approach.