Sr Analyst - Regulatory Compliance

Nium, the Leader in Real-Time Global Payments

Nium, the leading global infrastructure for real-time cross-border payments, was founded on the mission to deliver the global payments infrastructure of tomorrow, today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs, and businesses everywhere collect, convert, and disburse funds instantly across borders. Its payout network supports 100 currencies and spans 190+ countries, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 40 markets. Nium's growing card issuance business is already available in 34 countries. Nium holds regulatory licenses and authorizations in more than 40 countries, enabling seamless onboarding, rapid integration, and compliance – independent of geography. The company is co-headquartered in San Francisco and Singapore.

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.

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