Description
About the Role
As Senior Manager, Regulatory Compliance, Indonesia, you will deliver on the regulatory engagement strategy for Airwallex in the region and manage our existing payment services and money remittance regulatory compliance program. You will maintain our licensing responsibilities and coordinate with all internal and external parties as necessary to ensure compliance.
Responsibilities:
- Support the Airwallex Group’s expansion by managing the regulatory compliance components of licence authorisation processes
- Act as a key stakeholder in relation to licence applications, business plan updates and information requests between Airwallex and our regulators
- Ensure that our regulatory compliance and integrity risk reporting obligations are maintained in Indonesia and support and / or manage regulatory requests
- Advise the business with respect to regulatory change initiatives with a particular focus on how to effectively manage compliance risk attached to new laws and regulations in the jurisdictions we operate
- Develop policies, processes and provide advice in relation to regulatory risk obligations that exist within the first line business
- Manage regulatory compliance risk within the Airwallex Risk Management Framework and associated escalation process (inc. the Group Risk Committee)
- Advise the business in relation to conduct risk and ethics matters (where appropriate) relating to our financial services licences
- Deliver the Compliance Monitoring Program; Conduct targeted and thematic reviews on a wide range of topics to ensure appropriate organisational maturity
- Deliver the Airwallex Group’s Compliance Training for employees and conduct ad-hoc training to specific business areas as required
- Conduct ‘Proactive Special Ops’ projects to unlock business or operational issues to enable Airwallex to achieve its strategic goals more rapidly
Requirements:
- Bachelor’s degree with a minimum of 10 years of compliance experience in a regulated financial institution, FinTech, legal / consulting firm, or combination of the above
- Familiarity with financial regulatory laws, rules, regulations and industry best practices in Indonesia but also more broadly across the Asia region
- Data proficiency - ability to work with data and leverage it for strategic decision-making
- Ability to operate strategically and think creatively to solve complex regulatory compliance challenges
- Superior communication skills, with the ability to clearly explain complex topics to a wide range of stakeholders including regulators, executive leadership, and front-line staff
- Experience with developing and/or maintaining a compliance program within a financial institution, preferably in respect of payments activity
- Exposure to licensing processes, regulatory expansion, and RegTech or technology-driven compliance solutions
- Understanding of financial products and related conduct risk, ethics, and controls