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Head of Compliance, Risk & Legal for Sun Life Syariah

Sunlife

Jakarta Selatan · id 21h ago

Job description

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. At Sun Life, we're driven by our Purpose: helping our Clients achieve lifetime financial security and live healthier lives. Our values shape how we work: caring, authentic, bold, inspiring, and impactful. When you join Sun Life, you'll work with passionate colleagues and empowering leaders who support your growth and celebrate your contributions, so you can make a meaningful difference in our Clients' lives. Discover how you can make a difference in the lives of individuals, families and communities around the world. Job Description: Head of Compliance, Risk & Legal for Sun Life Syariah Job Role Summary The Head of Compliance, Risk & Legal is responsible for leading and overseeing the compliance, risk management, and legal functions for Sun Life Indonesia Syariah, ensuring that business operations are conducted in accordance with applicable laws, regulations, Shariah governance principles, and Sun Life policies and standards. The role provides strategic leadership and independent oversight to support sustainable business growth while maintaining a strong risk and compliance culture. The incumbent acts as a trusted advisor to the Shariah business leadership team and Board Committees on regulatory, legal, compliance, and enterprise risk matters. Key Responsibilities Compliance Leadership Lead the implementation, and continuous enhancement of the compliance framework for Sun Life Indonesia Syariah. Ensure compliance with OJK regulations, applicable insurance and financial services laws, anti-money laundering requirements, sanctions regulations, data privacy requirements, and other regulatory obligations. Provide oversight and monitoring of compliance risks, including conducting compliance reviews, assessments, and monitoring activities. Advise management and relevant committees on emerging regulatory developments and their impact on the business. Promote a strong ethical culture and compliance awareness across the organization. Risk Management Lead the implementation and execution of the enterprise risk management framework within the Shariah business. Oversee identification, assessment, monitoring, mitigation, and reporting of key risks including operational, regulatory, strategic, conduct, and reputational risks. Coordinate risk assessments and ensure effective controls are maintained across business functions. Facilitate risk governance processes, including risk reporting to management committees and relevant boards. Drive risk culture initiatives and support risk-based decision making. Legal Management Provide strategic legal guidance to business leaders on corporate, commercial, operational, and regulatory matters. Review, draft, negotiate, and oversee contracts, agreements, and legal documentation. Manage legal risk exposure and ensure appropriate legal safeguards are incorporated into business initiatives. Coordinate with external legal counsel where necessary and manage related legal matters. Support regulatory engagement and legal aspects of business projects, products, partnerships, and corporate initiatives. Shariah Governance Support adherence to Shariah governance requirements and relevant regulatory expectations applicable to Shariah insurance operations. Partner with the Shariah Supervisory Board and business management to ensure implementation of Shariah governance standards. Provide oversight regarding legal, compliance, and risk implications of Shariah business activities. Governance & Stakeholder Management Act as a key advisor to senior management on compliance, risk, and legal matters. Prepare and present reports to management, Board Committees, regulators, and governance forums. Build and maintain effective relationships with regulators, industry bodies, external advisors, and internal stakeholders. Represent the function in strategic business discussions and transformation initiatives. People Leadership Lead, coach, and develop team members within the Compliance, Risk & Legal function. Foster a high-performance culture focused on accountability, collaboration, continuous improvement, and business partnership. Ensure adequate succession planning, capability development, and resource management. Specialized Knowledge and Skills Technical Expertise Strong knowledge of Indonesian insurance regulations and regulatory frameworks. Deep understanding of compliance management systems and regulatory engagement. Strong enterprise risk management knowledge. Strong legal and corporate governance expertise. Knowledge of Shariah governance principles and Islamic financial services regulations is highly preferred. Understanding of Anti-Money Laundering (AML), Anti-Bribery & Corruption (ABC), sanctions compliance, fraud risk management, and conduct risk. Leadership Competencies Strategic thinking and business acumen. Strong influencing and stakeholder management skills. Sound judgment and decision-making capability. Excellent communication and executive presentation skills. Ability to lead through change and ambiguity. Strong people leadership and team development capability. Experience Requirements Minimum 8 years of progressive experience in Compliance, Risk Management, Legal, Regulatory Affairs, or related governance functions. Minimum 5 years in a senior management or leadership role within insurance, financial services, banking, or asset management industries. Experience managing regulatory relationships and governance committees. Demonstrated experience leading cross-functional initiatives and driving risk and compliance programs. Experience supporting Shariah financial services businesses is preferred. Education and Certification Requirements Required Bachelor's degree in Law, Finance, Risk Management, Accounting, Business Administration, or a related field. Preferred Master's degree in Law, Business Administration, Risk Management, Finance, or related discipline. Professional certifications such as: Certified Compliance Professional Certified Risk Management Professional Chartered Enterprise Risk Analyst (CERA) Certified Risk Professional (CRP) Relevant legal professional qualifications Communication Scope Internal Stakeholders Advises and influences senior management and functional leaders on compliance, risk and legal matters. Presents significant issues and recommendations to relevant management, Board, Committee and governance forums. Collaborates across functions to obtain alignment and support effective business decisions. External Stakeholders Represents the function in interactions with regulators, external counsel, auditors, industry bodies and other relevant external stakeholders. Communicates complex regulatory, risk and legal matters clearly and effectively Otoritas Jasa Keuangan (OJK), Industry associations, External legal counsel, Auditors, Regulatory and professional bodies, Strategic partners and vendors Problem Solving and Decision Making Exercises significant judgment in interpreting regulations, managing legal and compliance risks, and advising business leaders on risk-based decisions. Balances commercial objectives with regulatory requirements and risk appetite considerations. Provides independent challenge and recommendations to management on significant risk, compliance, and legal matters. Escalates critical issues to the Chief Compliance Officer and relevant governance bodies where appropriate. Job Category: Compliance Posting End Date: 29/11/2026

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