Position Summary
The Legal & Compliance Manager will play a foundational role in establishing the company's regulatory framework and securing the necessary licenses from Otoritas Jasa Keuangan (OJK). This role is responsible for leading end-to-end licensing preparation, ensuring the business model, operational design, and governance structure are fully aligned with OJK regulatory requirements. The position will serve as the primary liaison with OJK and other relevant regulators, while building a scalable and accountable compliance framework from the ground up.
The ideal candidate has direct experience handling OJK licensing processes (e.g., fintech aggregator, payment system provider, or other regulated financial institutions) and possesses strong knowledge of Indonesia's financial regulatory ecosystem.
Key Responsibilities
1. Licensing & Regulatory Establishment
- Lead end-to-end preparation and submission of OJK licensing applications.
- Ensure readiness of all regulatory documentation, policies, governance structures, and capital requirements.
- Act as the primary liaison with OJK throughout the licensing and approval process.
- Coordinate regulatory clarifications, fit & proper requirements, and ongoing supervisory communications.
2. Regulatory Monitoring & Compliance Framework
- Develop and implement internal policies, SOPs, and compliance controls aligned with OJK standards.
- Monitor new and upcoming regulations issued by OJK and assess impact on business strategy.
- Establish governance, reporting, and documentation standards required for regulated entities.
3. Legal Infrastructure & Corporate Legal Management
- Develop and standardize legal documentation including NDAs, commercial agreements, partnership agreements, vendor contracts, and employment-related templates.
- Review, draft, and negotiate commercial contracts to ensure legal protection and regulatory alignment.
- Establish internal contract management processes and documentation controls.
- Provide legal advisory support on corporate structuring, shareholder matters, and strategic partnerships.
- Manage external legal counsel when required.
4. Risk & Governance
- Identify legal and regulatory risks and implement mitigation strategies.
- Support corporate governance framework, including Board documentation and regulatory reporting.
- Build internal compliance awareness and ensure accountability mechanisms are in place.
Qualifications
- Bachelor's degree in Law (Master's degree preferred).
- Minimum 5–7 years of experience in legal and compliance within regulated financial institutions.
- Proven experience handling OJK licensing processes and regulatory engagement.
- Strong understanding of Indonesian financial regulatory frameworks, including fintech/aggregator models.
- Experience in aggregator, fintech, or banking institutions.
- Familiarity with IKD and other regulatory compliance requirements is a strong advantage.
- Strong stakeholder management and ability to engage effectively with regulators.
Please submit your CV to [Confidential Information] with email SUBJECT: Legal Compliance Manager - Name
