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Risk Director - Multifinance

Jakarta Permanent View Job Description
The Risk Director will play a strategic leadership role in overseeing the enterprise-wide risk management framework across the organization. The ideal candidate is a seasoned risk professional with deep experience in the multifinance or financial services sector in Indonesia.
  • Established Firm
  • Compensation and Benefit

About Our Client

Our client is well-established multi-finance company in Indonesia, which offers wide range of financing products and services, including:

  • Car financing (new and used vehicles)
  • Multipurpose financing (with vehicle collateral)
  • Working capital and investment financing for businesses
  • Leasing and factoring for commercial clients

Job Description

  • Develop and lead the overall risk management strategy in line with the company's business objectives and regulatory environment.
  • Serve as the principal advisor to the Board of Directors and executive management on all risk-related matters.
  • Establish, implement, and maintain a comprehensive Enterprise Risk Management (ERM) framework covering credit, operational, market, liquidity, legal, compliance, reputational, and strategic risks.
  • Lead the Risk Management Committee and work closely with internal control functions including Compliance, Audit, and Legal.
  • Oversee the credit policy, underwriting framework, risk rating models, and loan portfolio management for retail and corporate financing.
  • Ensure strong asset quality while enabling prudent business growth.
  • Monitor and evaluate operational risk controls across business processes including technology, collections, branch operations, and outsourcing arrangements.
  • Supervise market and liquidity risk exposure and ensure alignment with internal limits and external regulatory requirements.
  • Ensure compliance with OJK, Bank Indonesia, and other relevant regulations and proactively prepare for regulatory changes.
  • Drive company readiness for regulatory audits and inspections.
  • Foster a strong risk culture across all business units through awareness, training, and consistent policy enforcement.
  • Mentor and build a high-performing risk management team.
  • Lead the development and testing of business continuity and crisis management plans.
  • Act as a central figure during risk incidents or economic shocks.

The Successful Applicant

  • Minimum 20 years of experience in financial services, with at least 10 years in a senior risk leadership role, preferably within the multifinance or consumer lending sector.
  • Strong knowledge of the regulatory framework in Indonesia (OJK, POJK, etc.) and industry best practices in risk management.
  • Proven experience in working closely with boards, regulators, and external stakeholders.
  • Strategic thinker with excellent leadership, communication, and stakeholder management skills.
  • Advanced degree in Finance, Risk Management, Economics, Business, or a related field. Professional certifications (e.g., FRM, CFA, CRMP) are a plus.
  • Fluency in Bahasa Indonesia and English.



What's on Offer

  • A stable funding structure and integrated network
  • Solid client base
  • Established firm
Contact
Christina Sutiono
Quote job ref
JN-042025-6723056
Phone number
+62 21 2958 8849

Job summary

Function
Banking & Financial Services
Sub Sector
Risk Management
What is your area of specialisation?
Financial Services
Location
Jakarta
Contract Type
Permanent
Consultant name
Christina Sutiono
Consultant contact
+62 21 2958 8849
Job Reference
JN-042025-6723056

Diversity & Inclusion at Michael Page

We don't just accept difference - we celebrate it. We encourage applicants from all backgrounds to apply for this role and are committed to building inclusive, diverse workplaces where everyone can thrive. If you require any support or reasonable adjustments during the recruitment process, please let us know.

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