Senior Compliance Manager

Company Review

AwanTunai is the leading vertical fintech player digitizing the offline FMCG supply chain in Indonesia. We solve for both operational and financing pain points through ERP software and integrated embedded financing for offline suppliers. Our traditional suppliers have aggregate annual sales of over $3bn+ and our embedded financing is on track to reach the annualized $1bn milestone next quarter. We have been growing revenues at an average 30% QoQ with 0.2% credit loss rates over the pandemic period across hundreds of traditional suppliers.

Our financial impact has won accolades from the UNCDF, Monetary Authority of Singapore, and with the IFC (World Bank Group) as a major shareholder. Management and our impact-focused shareholders are committed to building a world-class team regardless of diversity or location.

Our fraud management has won the trust of global banking groups (MUFG, OCBC), the largest local institutions (Bank BRI, Bank Mandiri), as well as global insurers (AA rated Munich Re) who protect our loan assets against credit default.

Role

AwanTunai is looking for a Senior Compliance Manager who is responsible for ensuring that the activities of the company are in compliance with all relevant regulations and specifications. Additionally, this role will provide guidance and facilitate staff development on compliance matters.

Responsibilities

• Maintaining a sound day-to-day communication and working relationship with related supervision government bodies and industrial institutes, including BI, OJK, AFTECH, and AFPI.
• Constantly tracking the latest developments of relevant regulations issued by the supervision of government bodies and industrial institutes, and timely analyzing and interpreting the latest updates thoroughly to ensure the management and operation teams stay up-to-date.
• Responsible for the establishment and maintenance of internal compliance policy, rules, and SOP, and oversee the implementation process.
• Acting as the point of contact for auditing requests or inquiries from the supervision bodies, ensuring the management is kept in the loop of the progress.
• Responsible for planning and conducting internal compliance training to strengthen compliance awareness among management personnel.
• Conducting compliance inspections of marketing and promotion contents.
• Conducting compliance inspections of new business partnerships and updates to company policies and products.
• Providing day-to-day policy compliance consultation and advice to other units, including in legal dispute cases and contract review.
• Collecting, streamlining, and documenting all compliance-related policies and documents.
• Handling events of public sentiment, complaints, and urgency.
• Ensuring fulfillment of relevant regulatory, licensing, and reporting obligations for the company.
• Conducting research in specific topics of finance to support business expansion.
• Implementing AML requirements, including establishing SOP, monitoring, suspicious case reporting, and communication with authorities.
• Supporting ad-hoc assignments or projects assigned by management in the areas of compliance.

Requirements

• A Bachelor’s Degree in Business/Finance/Law or other relevant qualification.
• Minimum 7 years experience in in-house advisory, compliance, regulatory or consulting work preferably in licensed fintech/P2P lending companies.
• Excellent communication, stakeholder management, and people skills in both English and Bahasa.
• Strong compliance, internal controls & regulatory reporting skills.
• Working knowledge of financial services and data protection regulatory regimes.
• Experience working in a fluid/fast-moving environment/start-up will be an advantage.
• Strong proficiency in spoken and written Indonesian and English.
• Placement: Head Office - Jakarta (Hybrid Arrangement)