job description
Join a global leading payment group as their Head of Compliance and Money Laundering Reporting Officer (MLRO) in the vibrant hub of Bali, Indonesia. This is a rare opportunity to shape the compliance framework of a multinational financial services powerhouse while enjoying the dynamic work-life balance of one of Asia’s most sought-after destinations.
In this high-impact role, you will oversee all compliance functions, ensuring adherence to international and local regulatory standards (including MAS, FATF, and AML/CFT directives). You’ll lead a team of compliance professionals, drive risk mitigation strategies, and act as the primary liaison with regulators, auditors, and senior stakeholders. Your expertise will be pivotal in safeguarding the organization’s reputation while enabling seamless cross-border payment operations.
Ideal for a seasoned compliance leader with a passion for fintech innovation, this position offers competitive remuneration, career growth, and the chance to work in a collaborative, forward-thinking environment.
Responsibility
- Develop, implement, and maintain a comprehensive compliance framework aligned with global AML/CFT, sanctions, and financial regulations.
- Act as the Money Laundering Reporting Officer (MLRO), ensuring timely and accurate suspicious activity reporting (SAR) and regulatory filings.
- Lead risk assessments and due diligence processes for high-risk clients, transactions, and business partnerships.
- Oversee internal audits and compliance monitoring, identifying gaps and recommending corrective actions.
- Serve as the primary point of contact for regulatory bodies, auditors, and law enforcement on compliance-related matters.
- Train and mentor compliance teams and cross-functional stakeholders on regulatory obligations and best practices.
- Collaborate with legal, finance, and product teams to ensure new products and markets meet compliance standards.
- Stay ahead of emerging regulatory trends in fintech and payments, advising leadership on strategic adjustments.
Qualifications
- 10+ years of compliance experience in banking, payments, or fintech, with at least 5 years in a leadership role.
- Proven track record as an MLRO or Deputy MLRO in a regulated financial institution.
- Deep knowledge of AML/CFT frameworks (FATF, MAS, EU directives) and payment industry regulations (PSD2, PCI-DSS).
- Certified Anti-Money Laundering Specialist (CAMS) or equivalent qualification preferred.
- Experience managing regulatory examinations and liaising with authorities (e.g., Bank Indonesia, Monetary Authority of Singapore).
- Strong analytical and problem-solving skills, with the ability to interpret complex regulations into actionable policies.
- Excellent communication and stakeholder management skills, including board-level reporting.
- Fluency in English; additional languages (e.g., Mandarin, Bahasa Indonesia) are a plus.