---
title: 'Risk Management Function Head (Division Head) at Amar Bank'
canonical: 'https://feeny.ai/job/risk-management-function-head-division-head-amar-bank-jakarta-cymgjx0tfreq'
type: 'job'
last_seen: '2026-10-21'
---

# Risk Management Function Head (Division Head) at Amar Bank

- **Company:** Amar Bank
- **Location:** Jakarta, Indonesia
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2026-10-21
- **Last confirmed live:** 2026-10-21
- **Apply:** https://jobs.lever.co/amarbank/14d9b925-acbb-4572-a5c6-468429349a1f

## Job description

Who are we?

Amar Bank is one of the most technologically advanced digital banks in Indonesia. Our leading digital lending product, Tunaiku has the distinction of being the first FinTech product in Indonesia. We are also the first digital bank on the cloud. As the first profitable digital bank, we managed to get listed on the Indonesian Stock Exchange.

How did we manage to do that?

We are changing people’s perception of a bank. We believe we are the innovators who combine customer focus principles with creating technology-based impact. We incorporate freedom and flexibility as part of our startup working culture DNA to encourage innovation in creating better financial solutions for the banking industry. We think of ourselves as, ‘A technology company with a banking license’. For this reason, we ‘Act like a FinTech, and think like a Bank.’

How did it all start?

Founded on March 15, 1991, in Surabaya as PT Anglomas International Bank (Amin Bank), the bank was acquired by Tolaram Group and transformed to PT Bank Amar Indonesia (Amar Bank) in 2014. It has then undergone a significant digital transformation to become one of the country's forerunning fintech institutions through its award-winning digital lending platform, Tunaiku.

Our philosophy, mission, and vision

Technology must impact lives, must improve lives. We exist to provide banking to those who ‘need’ and not only to those who ‘want’. Services when provided to those who need at the time of their need brings smiles. Our vision is to bring 200 million smiles.

More about the bank with startup culture environment

Consist of 1000+ people, you will meet people who love to grow, dream big, and actually have fun at the workplace! We provide a great working environment that pushes people to grow outside their comfort zone. People with high drive and ambition find us a very attractive place to work as their career growth matches their own drive and not any staid policies. Thus we hold the honor of being awarded “Best Place to Work in Indonesia”.

Recently Amar Bank was awarded as Inspirational Brand from APEA (Asia Pacific Enterprise Awards) 2022. Of course, our innovation won't stop here. So if you would love to be a part of it, have a growth mindset, and are constantly hungry for challenges, we invite you to join us in our journey to ‘Impact Lives’.

Join us today and create #unlimitedinnovations!

We are looking for a strategic Risk Management Function Head to strengthen the Bank's enterprise-wide risk management framework and ensure alignment with regulatory requirements, business strategy, and the Bank's risk appetite. This role will lead risk governance across key risk areas, provide independent risk oversight for new products and business initiatives, monitor the Bank's overall risk profile, and drive effective mitigation strategies. You will also play a key role in regulatory reporting, OJK examinations, stress testing, ICAAP/ILAAP, Recovery Plan, and audit remediation, while partnering with senior stakeholders to foster a strong, proactive risk culture across the organization.

Responsibilities: Formulate, develop, and evaluate integrated risk management policies, methodologies, procedures, limits, and tools aligned with the Bank's risk profile and business strategies. Ensure the execution of risk identification, measurement, monitoring, control, and reporting processes across all risk categories faced by the Bank, including credit, market, liquidity, operational, legal, compliance, strategic, reputational, technology & other risk. Promote a risk-aware culture and strengthen risk governance across all operational units in alignment with prudential principles and industry best practices. Monitor the Bank's risk profile and compliance with established risk limits, risk appetite, and risk tolerance, providing mitigation recommendations for potential exposure increases. Conduct independent reviews of new products, activities, transactions, systems, and business initiatives to ensure associated risks are adequately managed prior to implementation. Prepare and review the Risk Management Policy and other internal policies related to Risk Management. Oversee the formulation and review of internal Management Action Trigger (MAT) limits linked to portfolio exposure for submission to the Risk Management Committee (KMR). Responsible for the preparation and submission of regulatory reports, including Bank Soundness Rating (TKB) Report, Risk Profile Report, Minimum Capital Adequacy Requirement (KPMM) Report based on ICAAP, Recovery Plan Report (RAP), Funding Profile Calculation under ILAAP, and Anti-Fraud Strategy Implementation Report. Actively participate in the annual OJK General Examination process, and manage findings from internal, external, and OJK audits related to the Risk Management Function. Serve as the secretariat and coordinate meetings for the Risk Management Committee (KMR), facilitate cross-unit coordination meetings, and hold joint sessions between the Risk Management Function and the Risk Oversight Committee (KPR). Formulate and refine stress testing methodologies to evaluate the Bank's capital resilience against macroeconomic shifts, geopolitical factors, and other relevant stress scenarios. Execute additional risk control and governance duties as assigned. Requirements: Bachelor's degree in Finance, Accounting, Economics, Business Administration, Applied Mathematics, or a related field; a Master's degree is a plus. Minimum of 10-15 years of experience in bank risk management, regulatory reporting, or risk governance within the banking sector. Excellent analytical, problem-solving, and decision-making capabilities. Strong communication, negotiation, and report-writing skills in both Indonesian and English. Proven leadership and committee management skills, with the ability to facilitate cross-functional collaboration and lead committee secretariats. High ethical standards, objectivity, and commitment to maintaining a robust risk culture and governance standard. Strong leadership & interpersonal for people management Bonus point if: Having knowledge in technology & cyber security risk management

We exist to support consumer confidence in the financial system. We design regulatory objectives to protect investors and ensure that markets are fair, efficient, and transparent.

It’s our job to identify risks that an organization faces and advise on how to avoid or address them. We implement controls to protect the organization from those risks. We monitor and report on the effectiveness of controls in the management of the organization's risk exposure. Our monitoring activities also include keeping an eye on business development to keep it within rules made by regulators.

## About Amar Bank

## Company Overview
- **One-liner**: Amar Bank is an Indonesian digital bank offering AI-powered savings, deposits, and lending services, focused on financial inclusion for unbanked and underbanked individuals and MSMEs.
- **Entity Type**: Public (IDX: AMAR)
- **Headquarters**: Jakarta Selatan, Indonesia
- **Founded**: 2014 (digital banking operations began)
- **Founders**: Not publicly available

## Core Business
- **Primary industry**: Digital banking / consumer finance
- **Target customers**: B2C (individuals, especially unbanked/underbanked) and B2B (MSMEs, corporate lending)
- **Mission**: Empower individuals and MSMEs through financial health and genuine inclusion, creating smiles for 200 million people.

## Products & Services
- **Tunaiku**: Digital lending platform offering personal loans up to IDR 30 million with flexible tenors up to 30 months. Served over 14 million applicants and disbursed over IDR 9 trillion in loans as of 2023.
- **Celengan**: Flexible savings account with 5.5% p.a. interest, credited daily.
- **Deposito**: Time deposit with competitive rates up to 9% p.a.
- **Corporate Lending**: Business loans and financing solutions for enterprises (indicated by job postings for Corporate Lending Circle Lead).

## Market Standing
- **Valuation/Market Cap**: IDR 3,184,525 million (approx. US$199 million) as of May 2025 (Reuters).
- **Key Metric**: Annual revenue not publicly disclosed in USD; Price-to-Sales ratio (TTM) of 1.90 implies revenue around IDR 1.67 trillion (~US$104 million). Total loans disbursed via Tunaiku exceed IDR 9 trillion.
- **Notable Investors/Partners**: SBI Group (post-IPO equity 2025), Investree (post-IPO secondary 2022). Regulated by OJK and participant in LPS deposit guarantee.
- **Growth Signals**: 464 employees (+3.2% YoY); 83,614 LinkedIn followers (+26.4% YoY); active hiring across multiple roles; Tunaiku’s strong loan portfolio growth.

## Competitive Advantages
- **Pioneering digital bank in Indonesia**: One of the first fully digital banks licensed and supervised by OJK.
- **AI-powered personalization**: Uses AI and cloud technology to tailor savings, payments, and financial management.
- **Strong brand in inclusive lending**: Tunaiku has a proven track record of serving the unbanked/underbanked, with wide geographic reach.
- **Deposit insurance**: Customer deposits are guaranteed by LPS up to IDR 2 billion.

## Strategic Focus
- **Deepening digital banking**: Expanding AI-driven features for savings, payments, and lending.
- **Scaling MSME and corporate lending**: Building out corporate lending teams and products.
- **Geographic expansion**: Hiring field collection and customer experience roles across multiple Indonesian cities (Surabaya, Makassar, Palembang, etc.).
- **Talent acquisition**: Actively recruiting for technology, finance, commercial banking, and retail banking roles to support next growth phase.

## Why Work Here
- **Culture**: Emphasizes “Unlimited Innovation” and a highly collaborative team environment.
- **Work model**: On-site positions in Jakarta and other Indonesian cities.
- **Engineering focus**: Multiple Head of Engineering roles and tech teams; use of AI in products and hiring processes.
- **Growth opportunity**: Public company with strong headcount growth and expanding product lines.
- **Employer rating**: 3.7/5 on LinkedIn (57 reviews), with culture rated 3.6 and career opportunities 3.4.
- **Perks**: Not explicitly listed, but the bank offers competitive financial products and a mission-driven environment focused on financial inclusion.

## Sources
1. [amarbank.co.id](https://amarbank.co.id/)
2. [jobs.lever.co/amarbank](https://jobs.lever.co/amarbank)
3. [linkedin.com/company/ptbank-amar-indonesia-tbk](https://id.linkedin.com/company/ptbank-amar-indonesia-tbk)
4. [reuters.com/markets/companies/AMAR.JK](https://www.reuters.com/markets/companies/AMAR.JK)
5. [amarbank.co.id/karir](https://amarbank.co.id/karir)

## Other roles at Amar Bank

- [Risk Management Officer](https://feeny.ai/job/risk-management-officer-amar-bank-jakarta-6tag0k6qhd3v) — Jakarta, Indonesia
- [Credit Legal](https://feeny.ai/job/credit-legal-amar-bank-jakarta-88621wy731kd) — Jakarta, Indonesia
- [Finance, Accounting & Reporting](https://feeny.ai/job/finance-accounting-reporting-amar-bank-jakarta-1qmg0cyt4jzm) — Jakarta, Indonesia
- [Amar Bank Digital - Business Head](https://feeny.ai/job/amar-bank-digital-business-head-amar-bank-jakarta-fkg0chmmy26w) — Jakarta, Indonesia
- [Customer Service - Makassar](https://feeny.ai/job/customer-service-makassar-amar-bank-makassar-yvre5scq5waa) — Makassar, Indonesia
- [Field Collection - Bogor](https://feeny.ai/job/field-collection-bogor-amar-bank-jakarta-w5qk1j31r3nn) — Jakarta, Indonesia
- [Field Collection - Bekasi](https://feeny.ai/job/field-collection-bekasi-amar-bank-jakarta-stshke8pnc7v) — Jakarta, Indonesia
- [Field Collection - Tangerang](https://feeny.ai/job/field-collection-tangerang-amar-bank-jakarta-07hapcwcfych) — Jakarta, Indonesia
- [Senior Marketing Technology (Customer Data & Marketing Analytics)](https://feeny.ai/job/senior-marketing-technology-customer-data-marketing-analytics-amar-bank-jakarta-5dnwxvg7cywr) — Jakarta, Indonesia
- [Funding Team Lead - Branch Satrio](https://feeny.ai/job/funding-team-lead-branch-satrio-amar-bank-jakarta-nnybbm2rfy2n) — Jakarta, Indonesia