Manager

Who we’re looking for? We ‘re looking for an experienced compliance & risk person who will be responsible for a broad scope covering all the aspects of Compliance, particularly AML-CTF-CPF. You’ll assist the Head of Compliance or the Coordinator of Compliance, Risk Management, and Internal Audit in undertaking and managing daily compliance and risk-related responsibilities within the Company, including advisory, reporting/disclosure and monitoring activities, thereby assisting Schroders to meet the regulatory standards expected by our clients and required by local regulators.About SchrodersWe’re a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future. We have around 5,000 people on six continents. And we’ve been around for over 200 years but keep adapting as society and technology changes. What doesn’t change is our commitment to helping our clients, and society, prosper.The baseThis role will be based in our Jakarta, Indonesia office. The teamIn the role of AML-CTF-CPF RO, the individual will have a direct reporting line to the Board of Directors and a secondary reporting line to the Head of Compliance. In the role of Compliance Officer, the individual will assist and report to the Head of Compliance or the Coordinator of Compliance, Risk Management, and Internal Audit. Their responsibilities will involve undertaking and managing daily compliance and risk-related tasks within the Company.What you’ll doGenerally, as the AML-CTF-CPF RO’s responsibilities shall include among other things: Operating to the highest level of integrity and ensure that no criminal risk and financial crime takes place. Ensuring compliance with current financial crime regulations and other relevant legislations.To maintain AML-CTF-CPF Policy and Guidance and factor continuing changes to legislation and regulation. Providing oversight, risk assessment, control, support, and coordination for AML-CTF-CPF compliance involving ML-TF-PF detection, KYC, partner bank due diligence with business. Assisting with the development, implementation, and maintenance of local AML-CTF-CPF programsDeveloping and maintaining a risk assessment framework for products and services, clients, and other issues relating to financial crime, including ML-TF-PF.Make all appropriate internal and external filings or reporting, including suspicious activity/transaction reports to INTRAC and all periodic reports to regulators.As part of risk-based compliance monitoring program, to review the KYC due diligence process performed by the Client Group Team, and to do subsequent investigation on World-Check or other systems if a prospective client is on the sanction list so as to be able to provide advice to the Senior Management team whether or not a prospective client can be accepted.In supporting Client Group Team, the MLRO shall conduct due diligence investigations of suspicious activities/transactions, high risk clients, alert management raised by Client Group Team in accordance with AML-CTF-CPF regulations and make escalation to regional/Group.Reviewing and assessing the alerts for financial crime risks and liaise with the business as necessary to investigate them.Liaise, consult, and report to the regulators whenever needed.Oversee the appropriate record-keeping functions, including keeping and maintaining records of high-risk customers and reporting suspicious activities to the authorities.Acting as point of contact for any inspections and audits from 3rd party, including regulators, and making compliance recommendations based on their findings.Briefing and reporting to Senior Management on matters relating to internal Financial Crime compliance policies and procedures.Overseeing and implementing an ongoing Financial Crime training program for Management and employees; responsible for financial crime computer-based training content (including ML-TF-PF) to ensure it is accurate and reflects up to date legislation.Contributing to system enhancements and process simplifications.Maintaining a perfect audit trail and documentation to support all reviews.Others as outlined in Company’s BoD Decree about the appointment of Company’s AML-CTF-CPF RO. As Compliance Officer, the individual will be assisting the Head of Compliance by, among other things: Operating to the highest level of integrity.Carry out compliance related activities and ensure compliance with the applicable local laws, rules, regulations, standards, code of conduct, and firm policies and standards of good practice. Establish and review policies and procedures, and together with impacted parties, assess and interpret the potential impact of new laws and regulations on our business.Develop, maintain, and implement the compliance program, including the compliance policies and guidelines, documentation, training logs, and related policies/procedures; ensure a proper execution of the compliance monitoring plan and appropriate controls.Scrutinise and test compliance programs, including quality assurance, interpret findings and work with various teams to develop risk-based approach, provide constructive feedback and be responsible for resolutions, including addressing any audit findings. Review current processes and identify potential improvements; provide adequate oversight to ensure the company has an effective control environment to minimize compliance risks. Work closely with various stakeholders to identify enhancements in compliance processes and lead the implementation of system changes.Assist in investigating and reporting any breach of law or regulations where appropriate and follow up on resolutions. Advise various stakeholders of any implications of new regulations/regulatory changes and provide guidance on the proper and prompt implementation of procedures to comply with the requirements. Manage and coordinate reporting internally and externally, respond to information requests, and proactively communicate product changes and notifiable events.Keep up to date with regulatory change and provide input to governmental policy departments on the impact of proposed changes in regulation.Understand and maintain knowledge and keep abreast of all local compliance requirements to ensure that PTSIMI compliance program, product and services are implemented and consistent with applicable local laws and regulations. Maintain compliance frameworks, policies and documentation and work in conjunction with Head of Compliance in leading regulatory audits; collaborate with other departments to create a culture of compliance and promote the adoption of a compliance culture throughout PTSIMI Operations, consistent with its values.Track and monitor regulatory risk, compliance with regulatory requirements and internal policies.Work with various teams to raise awareness about local regulatory requirements and empower teams to build risk-based processes which are clearly documented.Adapt focus on different compliance issues in line with growth plans and compliance needs.Work with internal/external auditors in the review of compliance internal controls.Provide advice, guidance, and ongoing training to staff on the appropriate implementation of compliance framework, including policies and procedures such as those contained in the Compliance manual, internal codes of conduct, practice guidelines, and relevant regulatory requirements and educate employees regarding the impact on our organization in the event of non-compliance; develop training materials and regularly sensitize senior management, relevant employees, and business partners regarding key compliance risksWork closely with regional/Group office to ensure local compliance policy and processes are aligned, consistently applied and risk metrics are managed appropriately. The individual will also coordinate and escalate any concerns with regional/Group to address issues raised in audit reports, self-assessments, risk assessments, compliance reviews, and/or regulatory inquiries, as well as assist in the gathering of internal information in response to regulatory requests. The knowledge, experience and qualifications you need: At least 6 years of relevant experience in a 2nd line function (Compliance and Risk) within any regulated financial service businesses.Experienced working on the financial and regulatory landscape in Indonesia, especially in regards to the capital market \ Fluent in Bahasa Indonesia and English The knowledge, experience and qualifications that will help Previous experience as a MLRO within a financial service industry in Indonesia would be highly desirableExperienced using data analytic tools for risk analysis and monitoringValid WMI and/or WPPE license Valid CAMS certification or other valid AML/Compliance certification What you’ll be like A great communicator and comfortable interacting with all levels of stakeholdersAbility to work well under pressure, prioritize, and meet deadlines Enjoy working in a team and relationship-buildingWell-organized and proactive with a problem-solving mindset Enjoys numerical and analytical work We recognise potential, whoever you are Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought facilitated by an inclusive culture will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer: you are welcome here regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background or any other protected characteristicsSalary expectations of candidates will be considered when assessing suitable candidates. Due to the high volume of applicants, only shortlisted candidates will be contacted.Job Reference: JAK00133 .