The Legal & Compliance Manager is responsible for ensuring PayJoy’s adherence to applicable laws, regulations and internal policies, ensure contractual corporate obligations are met and draft and revise contracts, oversee company’s intellectual property, support litigation, and meeting evolving legal and regulatory standards in financial regulatory compliance, licensing, and engagement with regulatory authorities.
Responsibilities
- Design, implement, and maintain AML/CFT frameworks aligned with local and global regulations (e.g., OJK, LFPORPI, FATF, BSA/Patriot Act, OFAC).
- Lead end-to-end KYC/KYB processes, including onboarding, re-identification, and remediation.
- Oversee transaction monitoring, risk ratings, and customer screening; supervise CDD/EDD reviews, investigations, and SAR reporting.
- Ensure products and business practices comply with applicable laws; partner with Product and Engineering to enable compliant, scalable solutions.
- Conduct regulatory risk assessments and ensure alignment with financial services, consumer protection, and market conduct requirements.
- Draft, review, and negotiate commercial agreements (vendors, partners, customers, NDAs).
- Manage the company’s IP portfolio in coordination with external counsel.
- Supervise and coordinate external law firms to ensure high-quality, compliant legal support.
- Serve as the appointed Compliance Officer and lead engagement with regulators, particularly OJK, including regulatory reporting, filings, audits, and inspections.
- Monitor and interpret OJK regulations (POJK/SEOJK) and drive timely implementation across the organization.
- Build and maintain strong relationships with OJK and represent the company in regulatory meetings, inquiries, and industry engagements.
- Advise leadership on regulatory strategy, licensing, and emerging regulatory risks in Indonesia.
- Support the Legal & Compliance Manager (Asia) in executing regional compliance initiatives and ensuring alignment with broader Asia frameworks.
- Contribute to regional projects such as policy harmonization, cross-border regulatory assessments, and implementation of group-wide standards.
- Support global Legal and Compliance initiatives, including rollout of global policies, frameworks, and cross-jurisdictional projects, ensuring local alignment and execution in Indonesia.
- Perform other legal and compliance duties as may be assigned from time to time.
Requirements
- Bachelor’s degree in Law.
- More than 5 years of experience in legal departments of financial services or related, with compliance (AML/Data Protection) experience.
- In-depth knowledge of local financial regulations and global fintech regulatory trends.
- Strategic thinking and strong problem-solving skills; ability to navigate ambiguity and build structure.
- High proficiency in data analysis for operational performance and compliance trends.
- Strong interpersonal and executive communication skills.
- Compliance experience (Preferred)
Benefits
- 100% Company Funded : Private Health Insurance for employee and immediate family
- 20 days vacation
- Phone finance, Headphone, home office equipment and wellness perks.
- $2,000 USD annual Co-working Travel perk
- $2,000 USD annual Professional Development perk
- $500 Wellness Allowance
- Free lunch
Skills Required
- Bachelor's degree in Law
- More than 5 years of experience in legal departments of financial services or related
- In-depth knowledge of local financial regulations
- Compliance experience (Preferred)
What We Do
PayJoy's mission is to deliver access to credit to the next billion people in emerging markets worldwide. Our unique mobile security technology gives customers the ability to afford their first smartphone on credit, using the phone itself as collateral, and then provides further access to credit to help weather life's unexpected financial surprises and climb the ladder of economic well-being. Founded in 2015, today PayJoy has reached millions of customers in a dozen countries around the globe, including Mexico, Brazil, Colombia, India, Kenya, and South Africa, and is on a strong growth path with support from major industry partners to bring credit to the next billion emerging consumers.
