Compliance Specialist & MLRO – Indonesia

What's the opportunity?

As part of our global expansion, we are seeking a Compliance Specialist & MLRO to lead AML/CFT, regulatory compliance, and risk management in Indonesia & Asia. This role will ensure full adherence to requirements set by Bank Indonesia, Otoritas Jasa Keuangan, and PPATK, while building a robust compliance culture aligned with global best practices.

What will I be doing?

Regulatory & Licensing Compliance

• Act as the designated compliance officer for Indonesian regulated entities, ensuring adherence to Bank Indonesia payment regulations and licensing conditions.

• Maintain ongoing compliance with OJK governance, risk management, and outsourcing requirements (if applicable).

• Serve as the primary liaison with regulators, including PPATK reporting obligations and Bank Indonesia supervisory engagement.

• Ensure regulatory submissions, licensing updates, and approvals are managed accurately and on time.

AML/CFT Oversight

• Develop and maintain AML/CFT frameworks aligned with Indonesian AML Law and PPATK regulations.

• Act as MLRO and ensure:

• Timely filing of Suspicious Transaction Reports (STRs) to PPATK

• Implementation of Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD)

• Ongoing sanctions screening and name screening controls

• Ensure transaction monitoring systems are calibrated to detect:

• Unusual transaction patterns

• Structuring and layering risks

• Fraud and mule account behavior

Risk & Governance

• Conduct enterprise-wide compliance and AML risk assessments tailored to products, channels, and customer types.

• Establish a risk-based approach (RBA) as required by Indonesian regulators.

• Implement internal controls aligned with three lines of defense model.

• Ensure Board and senior management receive regular compliance and AML reporting.

Reporting & Regulatory Engagement

• Maintain a comprehensive regulatory reporting calendar covering:

• PPATK filings

• Bank Indonesia reports (payments, operations, incidents)

• Ensure audit readiness and regulatory inspection preparedness.

• Manage responses to regulatory queries, audits, and thematic reviews.

Internal Collaboration & Training

• Partner with Product, Risk, Legal, and Operations teams to embed compliance controls into onboarding and transaction flows.

• Deliver AML/CFT and regulatory training programs tailored to Indonesian requirements.

• Promote a strong compliance culture across the organization.

What skills do I need?

• Bachelor’s degree in Law, Finance, Business, or related field.

• Minimum 4+ years of compliance/MLRO experience in financial services or payments.

• Strong knowledge of:

• Indonesian AML/CFT regulations (PPATK)

• Bank Indonesia payment regulations

• OJK governance and compliance expectations

• Experience acting as MLRO or equivalent regulatory-facing role.

• ICA / ACAMS or equivalent certification is mandatory. Relevant professional certifications (e.g., AAMLP, CRMP, or LSPP) are highly desirable.

• Proven ability to engage with regulators and manage inspections.

• Strong analytical, communication, and stakeholder management skills.

• Strong command of Bahasa Indonesia and English, both written and spoken.