Compliance Lead - Financial Services

Lentera Inspirasi Pembiayaan (LIP), an entity of Flip, is building the fairest and most customer centric multi-finance platform in Indonesia.

We are seeking an experienced Compliance Lead to ensure OJK regulatory adherence and uphold ethical business practices. You'll work with key stakeholders, develop compliance strategies, and contribute to our company's success. Ideal candidates have a strong financial compliance background, excellent analytical skills, and a proactive approach to risk management. Join us in building trust, maintaining integrity, and driving compliant business growth.

About Flip

Rafi, Luqman, and Anjar, who were college friends in Universitas Indonesia, started Flip as a project in 2015 to transfer payments to each other at a fraction of what banks would charge them. They are pioneers in the Indonesian market, with their technology now helping millions of Indonesians, both individuals and businesses, carry out bank-to-bank money transfers through a reliable and seamless app.

After seven years of operations, Flip has helped Indonesians transfer money worth several trillions of rupiah and has received double-digit funding from respectable investors such as Sequoia India, Insight Partner, and Insignia. Flip’s ultimate mission is to give Indonesians access to one of the most progressive and fairest financial services in the world.

At Flip, we always strive to provide the fairest place for you to work, learn, and grow with talented and fun people in various opportunities to advance your career and get fair rewards. We believe that we have to treat employees, customers, and all stakeholders fairly and respectfully. Fair treatment for employees means we establish clear goals, facilitate our employees to achieve them, and value their contribution to the company with equitable benefits.

What you'll do

• Carrying out company’s reporting obligation to OJK and coordinate with internal team during report preparation as necessary;

• Development and enforcement of compliance policies and procedures;

• Update stakeholders on new regulations or communication from OJK that might affect our business;

• Support to manage day to day relationship and communication with OJK and Association;

• Provide regulatory compliance guidance;

• Provide training/awareness program to internal team on the regulations and company policy;

• Maintain a thorough working knowledge of current regulatory requirements, familiarity with company processes, policies, and products;

• Conduct an analysis of the disparities between regulatory requirements and the operational practices of the Company, such as  providing a comprehensive overview of compliance and ensuring that the gap is resolved;

• Collaborate with various stakeholders to facilitate the necessary adjustments to ensure conformity with laws and regulations;

• Formulate and put into action a compliance monitoring program, incorporating the establishment of systems to ensure adherence to pertinent existing laws and regulations;

• Lead or oversee internal investigations into matters of compliance.

  What you'll need

• Bachelor's degree in Law, Finance, or related field. Advanced degree preferred;

• Minimum 5 years experience in compliance or regulatory affairs in financial services;

• Proven track record with OJK regulations and reporting;

• Strong knowledge of AML/KYC/CFT regulations and practices;

• Excellent analytical, problem-solving, and communication skills;

• Experience in conducting audits and developing compliance policies;

• Proficiency in Bahasa Indonesia and English;

• High integrity and ethical standards;

• Leadership skills with ability to influence across departments;

• Proactive approach to compliance risk management;

• Proficiency in Microsoft Office suite;

• Relevant certifications (e.g., CRCM, CAMS) are a plus;

• Willingness to stay updated on regulatory changes and industry trends.