Head of Legal and Compliance
1 day ago
**Company Description**:
Indonesia's fast-growing and OJK licensed credit bureau, our client, is an affiliate of a notable global company specializing in credit & business information systems, analytics, outsourcing, and processing services, as well as advanced digital solutions for business development and open banking - whose business is established together with other leading Indonesian technology and service providers.
**Responsibilities**:
- The Head of Legal and Compliance coordinates the creation, review, and implementation of policies and procedures that regulate the company, applies and interprets Legal and Compliance requirements for various departments, implements and administrates an effective Corporate Compliance Management Program.
- This role will interact with external auditors, such as OJK, on matters related to audits of the organization’s internal controls and assess potential clients’ activity. Also, communicate risk policies and processes for an organization.
- Provide hands-on development of risk models involving market, credit, and operational risk, ensure controls are operating effectively, and provide research and analytical support.
- Oversee Legal department (Providing legal advice to the management team) **and** HR department, **and** handle Compliance function.
- Oversee and execute compliance initiatives: company policy, employment contract, vendor, and clients are in line with the law.
Establish and maintain a relationship with Financial Services Authority (OJK).
- Conducting policy and compliance audits, which will include liaising with internal and external auditors (e.g., OJK).
- Support risk assessment initiatives.
- Coordinate with multiple departments to fulfill information requests from regulators.
- Drive key projects related to new licensing or compliance
- Draft and review various legal documents and/or negotiate contracts with external partners/vendors.
- Keep up with the relevant legal developments and pro-actively make suggestions/recommendations and follow up on its implementation
- Participate actively in related associations supporting the organization's business (AFPI).
- Maintaining records of agreements with clients.
- Building risk awareness amongst staff by providing support and training within the company.
**Key Requirements**
- Bachelor's Degree in **Law**.
- **15 **years of relevant working experience (e.g. Financial Services, FinTech, E-commerce, Insurance, Telco).
- Proven work experience in handling Legal and Compliance is **a must**.
- **In-depth knowledge** of the Financial Services and Data Privacy sector.
- **Familiar** with Labor, Compliance, and Risk Management.
- Proven experience in consumer lending is an advantage.
- A **high-level** English proficiency.
- Knowing a business mindset and a solution-oriented approach.
- Excellent communication skills.
- Ability to manage and prioritize work.
- Strong analytical and organizational skills.
**Call for Action**
To succeed in the role, you must have experience in any
**Financial Services Industry**, be comfortable using the
** English language daily **(written and verbal communication),
**and **be well-versed in
**legal** and
**government relations **duties.
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