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Compliance Associates

Xendit

Xendit

Legal
Jakarta, Indonesia
Posted on Friday, September 8, 2023

Xendit provides payment infrastructure across Southeast Asia, with a focus on Indonesia, the Philippines and Malaysia. We process payments, power marketplaces, disburse payroll and loans, provide KYC solutions, prevent fraud, and help businesses grow exponentially. We serve our customers by providing a suite of world-class APIs, eCommerce platform integrations, and easy to use applications for individual entrepreneurs, SMEs, and enterprises alike.

Our main focus is building the most advanced payment rails for Southeast Asia, with a clear goal in mind — to make payments across and within SEA simple, secure and easy for everyone. We serve thousands of businesses ranging from SMEs to multinational enterprises, and process millions of transactions monthly. We’ve been growing rapidly since our inception in 2015, onboarding hundreds of new customers every month, and backed by global top-10 VCs. We’re proud to be featured on among the fastest growing companies by Y-Combinator.

About the Job

At Xendit, we are seeking a Compliance Advisory Manager who embodies our values and represents our Compliance Team. As one of the Pillars of Xendit, you will provide white-glove service to relevant stakeholders within Xendit, including but not limited to support and working hand-in-hand with Sales, Marketing, Experiment, Legal, Government Relations, Partnerships, IT and Engineering, and Product, ensuring a dynamic, fast-paced, and fast-growing payment service Unicorn Startup. Your role as a true partner to the organization will involve solving problems across the Company and its subsidiary ranging from Compliance Advisory, Anti Money Laundering and Countering Terrorism Financing, Good Corporate Governance setup, Solutioning, and Experiment Support, Fraud and Disputes, Government Relations, IT GRC and many more. You'll bring a diverse set of skills, including exceptional communication, tech savviness, strategic thinking, and a willingness to do whatever it takes to succeed. You possess a strong commitment to go the extra mile and handle all aspects of Compliance, with a positive and determined attitude.

Some of our strongest future initiatives and projects are in your hands.

Minimum Qualifications

  • 5 years of Compliance experience in Financial service related companies as a Compliance;
  • Experience in a combination ranging from Regulatory Compliance, Anti Money Laundering, Good Corporate Governance, Risk, Corporate Legal functions, and other related functions.
  • Track record and deep understanding of Compliance matters including Know-Your-Customer principle, Customer due Diligence and Enhanced due Diligence, transaction monitoring and pattern, transactions data analysis, law and regulations understanding related with Financial Institutions, including but not limited to Financial Service Providers, Remittances, Cross Border Transactions, Foreign Exchange, and Multifinance;
  • Excellent communication skills and the ability to build and maintain relationships effortlessly

Preferred Qualifications

  • Bachelor's degree in Law, Business, Accounting or other related education background. An equivalent combination of education and work experience may be taken into consideration in lieu of a degree;
  • 5 years of relevant Compliance experience, with a minimum of 3 years experience focusing on regulatory compliance;
  • Expert knowledge/ experience in the following industries:
    • Banking
    • Payment
    • Forex
    • Remittance
    • Lending
    • Investment
  • Hands-on detailed experience in engaging regulatory body including but not limited to OJK, Bank Indonesia, PPATK and law enforcement agency;
  • Hands-on technical experience in building, scaling and maintaining regulatory risk assessment;
  • Strong track record of managing and mentoring junior compliance associate;
  • Exceptional verbal and written communication skills both in Bahasa and English;
  • Bonus point if you have experience working in high growth startup or highly regulated company which require compliance function,

Responsibilities

  • Design, plan, and implement compliance advisory and regulatory framework
  • Collaborate with both internal and external stakeholders of the company to support long term Xendit goals, which include but not limited to improvements across Xendit to achieve north star for availability, capacity, scalability, security and maintainability
  • Participate and influence the design, plan, and implementation of other teams’ projects and initiatives related with Compliance
  • Collaborate with industry counterparts to proactively anticipate short and long term Compliance needs
  • Keep our entire Organization comply with regulatory standards such as PBI, POJK and ISO 27001, and license from Bank Indonesia or OJK such as Payment Gateway Operator, Electronic Money, and Money Remitter, Multifinance, IKD OJK, etc
  • Do whatever it takes to make Xendit succeed