Short Description

SC Ventures (SCV) is Standard Chartered’s innovation, fintech investment and ventures arm. We were established to reinvent banking, as the significant technological disruptions to the industry was impacting its ability to serve clients and customers, in the ways they needed to be served.

We are a unique ecosystem of innovators, banking experts, business builders and partners who are focused on rewiring the DNA in banking and bringing breakthrough ideas to scale, together.

We are building ecosystems around four high conviction themes: Online Economy & Lifestyle, SMEs & World Trade, Digital Assets, and Sustainability & Inclusion.

We are a global team of "Members" (excluding individual ventures), including dedicated colleagues from the Group's support functions, based in Singapore, Hong Kong, London, the United Arab Emirates and Israel.

Job Summary

The Indonesia Lead will be responsible for assisting with and overseeing the running of the venture’s activity in country on a day to day basis. Project planning, execution, follow ups, interfacing with Group and/or SCV technology to overcome any potential obstacles to implementation. Ongoing engagement with Country / Group Operations to ensure that the build of the business will be seamless.

As the venture expands, you may be required to pivot from performing multifaceted duties into more of a leadership role.  Your primary goal is to convey the vision and facilitate the venture’s progress by defining the overall strategy from launch to independence and beyond.  

You will work closely with the SCV Leadership Team, Venture Leadership Teams, SCV Function Teams and wider bank COEs (Center of Excellence) to execute and consult as required. 

RESPONSIBILITIES

Strategy

•    Lead the setup of the different local entities needed
•    Lead the licensing process for the different entities
•    Provide advice on internal policies, contracts, partnerships, and corporate strategies
•    Manage documentations (e.g., financing, loan, vendor/customer agreements)
•    Draft corporate documents (AGMS, Articles of Association amendments, corporate actions)
•    Manage legal risks for projects and business initiatives.

Compliance & Regulatory Affairs
•    Ensure compliance with OJK, BI, PPATK, and multifinance regulations

•    Develop and implement internal compliance programs
•    Prepare regulatory reports to OJK and maintain regulator communications

Policy & Internal Controls
•    Develop internal legal and compliance policies
•    Conduct training and awareness programs on legal and business ethics
•    Lead investigations into legal or ethical violations.

Business
•    Establish an effective and scalable operational set up, resourced for a growing Venture’s requirements, and governed strongly to ensure business continuity, seamless change, and customer resilience
•    Deliver business, customer acquisition and revenue growth targets by investing in business development resources and tools, marketing, publicity and fit for purpose product and technology
•    Leading the Venture in continuous enhancement and improvement of the Venture’s product offering as per agreed plan, overseeing & ensuring technology and product management resource capabilities are met to support the plan
•    Create the marketing strategy to enable business and customer acquisition, establishment and enhancement of the Venture’s brand value, and continued growth in active customers

People & Talent 
•    Develop the Venture as employer of choice, where talented and purpose driven individuals aspire to work in 
•    Manage performance, wellbeing, and engagement by creating a culture of achievement and satisfaction
•    Develop a strong organisational mindset ensuring this is well embedded into the Venture’s policies and operations 

Risk Management
•    Develop and maintain organisational awareness of operational risk management 
•    Oversee identification, assessment, management, monitoring, mitigation and reporting of compliance (including regulatory, conduct and financial crime) risks
•    Oversee the formulation of compliance policies and standards for approval by the relevant governing body (as necessary)
•    Oversee the development of controls for the Venture for all risk types as set out in the relevant Risk Management Frameworks
•    Lead the regulatory relationships with each of the regulators
•    Collaborate with other governance, risk, and compliance teams within the Group and SCV to anticipate horizon risks that may have a significant impact on the Venture and support the development of effective strategies to mitigate such risks.

Qualifications:

•    Extensive experience in start-ups, Fintech or relevant industries playing leadership or management roles 
•    Demonstrates strong understanding being able to lead best in class business practices and make sound decisions in the context of the Venture's business amidst diverse situations 
•    Strong understanding of the market and industry regulatory framework and general risk management 

Skills & Competencies:

•    Minimum Bachelor’s Degree in Law; PERADI certification is a plus
•    8–10 years of experience in legal/compliance, preferably in multifinance, banking, fintech or financial services
•    Strong knowledge of financing law, OJK regulations, consumer protection, AML, and Code of Conduct
•    Experienced in dealing with regulators, external counsel, and consultants
•    Strong analytical, negotiation, communication, collaboration and leadership skills
•    Fluent in Bahasa Indonesia and English (spoken and written)
•    Good business acumen (including ability to assess risk and appropriate levels of return)
•    Knowledge of the organization's industry group, trends, directions, major issues, regulatory considerations

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.