Head of Financial Risk

About the Role:

• Lead the Bank's Financial Risk Division and provide independent second-line oversight for Credit Risk and Liquidity Risk.
• Develop, implement, and continuously enhance the Bank's Financial Risk Management Framework in line with business strategy, Risk Appetite Framework, and regulatory requirements.
• Oversee Credit Risk, Credit Review, and Liquidity Risk functions to ensure effective risk governance, policy compliance, and sound risk management practices.
• Monitor the Bank's credit and liquidity risk profile, identify emerging risks and concentrations, and provide timely insights and recommendations to senior management and the Board.
• Drive portfolio analytics, stress testing, scenario analysis, and risk forecasting to support informed strategic decision-making.
• Review and challenge new products, strategic initiatives, and business proposals to ensure financial risks are appropriately identified, assessed, and mitigated.
• Ensure compliance with applicable regulations issued by OJK, Bank Indonesia, LPS, and other relevant regulatory authorities.
• Lead the development and periodic review of financial risk policies, methodologies, standards, and risk limits.
• Partner with Business, Treasury, Finance, Operations, Compliance, and Internal Audit to strengthen enterprise-wide risk governance while maintaining the independence of the Risk function.
• Champion continuous improvement in risk governance, data quality, risk systems, automation, and reporting capabilities to support the Bank's digital transformation.
• Build, lead, and develop a high-performing Financial Risk team by fostering technical excellence, accountability, integrity, and continuous learning.

About You:

• Bachelor's degree in Finance, Economics, Accounting, Business Administration, Mathematics, Statistics, Actuarial Science, Engineering, or a related discipline from a reputable university.
• Minimum 12 years of experience in Banking Risk Management, including leadership roles within financial risk functions.
• Proven experience establishing and leading second-line risk management functions in commercial banks, digital banks, or other regulated financial institutions.
• Strong expertise in Credit Risk Management, Liquidity Risk Management, Risk Governance, Risk Appetite Framework (RAF), ICAAP, Recovery Planning, and enterprise-wide risk management.
• Deep understanding of credit underwriting, portfolio management, credit review, provisioning, concentration risk, stress testing, and liquidity risk measurement.
• Solid knowledge of banking regulations issued by OJK, Bank Indonesia, LPS, and other relevant regulatory requirements.
• Demonstrated experience in developing financial risk policies, governance frameworks, methodologies, and risk management standards.
• Strong analytical and quantitative skills with the ability to interpret portfolio trends, identify emerging risks, and provide practical recommendations.
• Experience engaging with regulators, senior management, Board Committees, and external auditors on financial risk matters.
• Strong leadership, strategic thinking, stakeholder management, communication, negotiation, and decision-making capabilities.
• Comfortable working across cross-functional teams while providing independent and constructive challenge to business decisions.
• Good understanding of digital banking, fintech, and technology-enabled financial services, with experience in digital transformation initiatives considered an advantage.
• Professional certifications such as FRM, PRM, CFA, CRM, or equivalent will be considered an advantage.