Head of AML

Who We Are

OVO is Indonesia’s fastest growing and leading payments and financial services platform in Indonesia. Within 4 years, OVO has been recognised as Indonesia’s 5th unicorn and continues to win customer mindshare and heartshare through its innovations within Payments and as it accelerates its Financial Services offerings including digital lending, insurance and investments.

Anchoring on its vision and mission to be the largest Fintech platform in Indonesia through providing Indonesians with equal financial access, to date, OVO has extended its reach to be available across 115mn devices across >30 cities nationwide and is accepted across >500 retailers.

You Will

• Develop and drive OVO’s anti money laundering (AML) frameworks, policies and programs in consultation with the Compliance, Risk and Business teams. Also compliance to global and local regulatory sanctions lists. 
• Own and define guidelines, standards and processes, in accordance to the OVO’s risk appetite and regulatory requirements.
• Own tools, product solutions and data for the domain and work closely with business, product and technology teams to continually improve tech capabilities for effective, cost conscious execution.
• Execute AML and sanctions operations consistently to the highest of standards set out for both new and existing customers + products. 
• Lead the team of AML analyst and provide oversight and guidance on the daily activities and responsibilities of the team. Also act as a point of reference/escalation for the team.
• Develop deep investigative skills and experience within staff to enable effective handling and sound execution of complex investigations.
• Report facts/ escalate incidents to the senior management or relevant teams eg. Compliance, Risk etc in a concise, objective, factual and time sensitive manner using available data.
• Facilitate investigations as part of the broader risk and compliance teams, or jointly with law enforcement, regulator or other government agencies as required.
• Manage and optimize the staff resources for AML operations, including leading the recruitment, development and retention of the staff.
• Maintain in-depth knowledge of the law, regulatory requirements, industry developments and best practices relevant to AML operations

What You Need  

• The candidate will be expected to engage with senior stakeholders both internal and external to the OVO and guide the write ups of STRs. As such, she/he will need to possess good communication and presentation skills and excellent command of the English and Bahasa Indonesia language both orally and written.
• Problem-solving, positive and constructive attitude is a must.
• Strong ability in dealing with ambiguity and operating in a fast-paced digital environment.
• Structured, factual and data-driven. Ability to deep dive into data and elaborate clear and synthetic insights.
• Minimum 10 years operational anti-money laundering (AML) and sanctions compliance experience, of which at least 4 years should be in AML leadership role (including direct supervision) in banking or financial services experience, or other heavily regulated environments subject to financial crime and market pressure.
• Leadership experience in managing a small team is necessary.
• Tech savvy, prior experience in data query and mining tools (Excel, SQL, Python / R) are good to have.