Sr Analyst - Regulatory Compliance

About the role:

Our Compliance Team is comprised of professionals with a comprehensive expertise in Indonesia’s financial regulatory framework, enabling them to navigate the complexities of the payments industry with finesse and precision. Joining Nium's Compliance Team means being part of a dynamic and forward-thinking group that actively contributes to shaping the future of financial services
As we continue to expand our footprint globally, we seek individuals who are passionate
about compliance, possess a keen eye for detail, and are driven to maintain the highest
standards of integrity.

• Prepare, review and submit accurate and timely regulatory reports to relevant authorities.
• Gather, analyze, and validate data from multiple sources to generate comprehensive and accurate reports.
• Conduct data reconciliation where needed and address discrepancies before submitting reports.
• Maintain open communication with internal stakeholders to ensure seamless reporting processes.
• Liaise with external auditors and regulatory authorities as necessary, addressing inquiries and providing requested information.
• Identify opportunities for process optimization and automation to enhance reporting accuracy and efficiency.
• Collaborate with technology teams to implement improvements in data extraction and reporting systems.
• Maintain organized and secure records of regulatory reports, supporting documentation, and communication for audit and reference purposes.
• Stay current with laws and regulations applicable to PSP , monitor changes in such regulatory requirements (including reporting requirements) and proactively adjust processes to ensure continued adherence.
• Collaborate with other compliance team members to interpret and implement regulatory changes effectively.
• Assist the Compliance Officer with drafting, reviewing and updating Compliance policies and implementing the Compliance Monitoring Plan.
• Assist the Compliance Officer with implementing a Compliance Training Program and delivery of compliance training to various stakeholders as required.
• Assist the Compliance Officer with preparing Regulatory Reports for the Board of Directors and senior management as needed.
• Assess compliance within the institution with internal controls processes and systems via walkthroughs and testing.
• Provide recommendations and collaborate with various departments to address identified compliance risks.

• 3-5 years of experience in Bank Indonesia regulations (PJP Activity Bundle 2), Payment systems compliance framework, KYB (Know Your Business) / onboarding controls, Regulatory reporting & audit handling, Compliance advisory in financial services and Engagement with regulators (Bank Indonesia / relevant authorities).
• Proficiency in using data analysis tools, and reporting software.
• Excellent analytical skills and attention to detail, ensuring accuracy in reporting and data reconciliation.
• Effective communication skills to interact with diverse stakeholders, both internal and external.
• Ability to manage multiple tasks under tight deadlines and handle pressure in a fast-paced environment.
• Prior experience in regulatory reporting, or compliance departments is preferred.
• Strong verbal and written communication skills are required (especially fluency in English).
• Ability to work effectively and diligently on own initiative and within a team environment.
• Strong understanding of reporting requirements and the local regulatory framework applicable to Financial Institutions mostly Electronic Money Institutions or Payment Institutions.