About Financial Innovation for Impact

Financial Innovation for Impact (Fii) is an international, not-for-profit organisation dedicated to the advancement of scalable, sustainable, and evidence-based financial and regulatory innovation. 

We work with academic institutions, digital finance ecosystem partners, and other stakeholders to create knowledge and apply data-driven insights to inform the development of fintech and the decision-making of central banks, securities regulators, and other financial authorities. 

Fii generates research, develops digital tools, and delivers capacity building at scale through technical assistance programmes to benefit financially excluded, marginalised, and disadvantaged populations.  

Fii was spun out of the Cambridge Centre for Alternative Finance (CCAF) and incorporated in the United Kingdom in 2023. CCAF is a research centre at the University of Cambridge Judge Business School. CCAF’s mission is to create and transfer knowledge addressing emergent gaps relating to technology-enabled financial innovation, and to support evidence-based decision making by market participants, regulators, and related stakeholders. 

Fii achieves its mission through a symbiotic collaboration with CCAF as one of its Principal Collaborators, and leveraging a global network of expertise, academic relationships and data science capabilities to deliver impact in countries that we work in.  

The Accelerating Regulatory & Financial Innovation in Indonesia (ARFII) programme

Fii is delivering a technical assistance programme to support Indonesian regulators and other stakeholders in the Indonesian fintech ecosystem, in collaboration with CCAF. This three-year programme seeks to address barriers to financial innovation and increase regulatory capacity, to assist in the implementation of regulatory innovation initiatives, and to help create a more enabling regulatory environment for fintech and other forms of digital financial services to grow sustainably. 

Your Role 

We are looking for a Programme Lead, to manage the overall ARFII programme in Indonesia.  

The Programme Lead will be responsible for overseeing the implementation of the programme and will play a pivotal role in achieving objectives and delivering impact through the execution of a complex multi-year technical assistance programme.  

This is a people management role, managing the work and delivery of a local team and with a distributed network of technical experts and regulatory analysts. All this will be done in coordination and collaboration with the CCAF and other key collaborators such as the World Bank.  

This role will report to Nick Clark, Fii’s Regulatory Innovation Lead, who is based in the UK. 

Responsibilities 

• Lead and oversee the technical assistance programme for financial authorities, focusing on driving digital transformation and adoption of regulatory innovation to meet organisational objectives. 

• Provide leadership and guidance to a team of technical experts, including core Fii team members and contractors, fostering a collaborative and high-performance work environment. 

• Lead the development and delivery of a capacity building programme for senior regulators to increase financial authorities’ in-country capacity and accelerate the digital transformation of market conduct supervision in Indonesia. 

• Develop and execute strategies to support financial authorities in leveraging technology and innovative solutions to enhance their regulatory approach, including consumer protection supervisory technology. 

• Provide expert guidance and advisory services to financial authorities on the implementation of innovative initiatives and the development of regulatory tools. 

• Lead the collaboration of cross-functional teams to develop proofs of concept and prototypes for new supervisory technology solutions. 

• Collaborate with financial authorities to conduct diagnostics and assessments of their existing systems and processes in thematic areas, identifying opportunities for improvement and innovation.  

• Work with the CCAF and other subject matter experts to provide evidence-based advice and input on specific policy and regulatory areas such as open banking, open finance and digital assets. 

• Foster relationships and partnerships with financial authorities, industry stakeholders, and technology providers to facilitate knowledge sharing and collaboration in the regulation of fintech. Engage with local fintech associations to increase their capacity and strengthen their governance.   

• Support the relationship management of our programme donors.  

• Remain up to date with industry trends, regulations, and technological advancements in financial supervision and regulatory practices. 

• Collaborate with internal teams to align technical assistance initiatives with broader organizational goals and objectives. 

• Monitor project progress, track key performance indicators, and report on project outcomes to senior management and clients. 

Requirements and qualifications 

The individual in this role must also have extensive experience of regulatory engagement, deep expertise in the regulation of fintech/digital financial services in Indonesia, and strong stakeholder management and communication skills to lead engagements with senior regulators and other key stakeholders in the Indonesian fintech ecosystem. The person should have sound understanding and broad knowledge in technology-enabled financial innovation, and the regulation of fintech/digital financial services. 

Essential Characteristics 

• Extensive experience (10+ years) working in a senior role within the financial industry, regulatory agencies, or a consulting firm, with a focus on the regulation of digital financial services. 

• Proven track record of successfully leading and implementing complex advisory projects or technical assistance programmes within the financial services sector. 

• Exceptional programme management skills, with the ability to manage multiple projects simultaneously and deliver on time and within budget.  

• Demonstratable expertise in distilling key insights from various data sources (including diagnostics, interviews, and product demos) and disseminate findings and transfer knowledge.  

• Excellent writing ability, communication and presentation skills to engage with senior policy makers.  

• Leadership capabilities, including the ability to inspire and motivate a diverse team of technical experts, and to upskill surrounding team members.  

• Exceptional stakeholder management skills at the senior/executive/board level. 

• Excellent interpersonal and organizational skills, able to handle diverse situations, multiple initiatives and changing priorities. 

• English and Bahasa language fluency or native speaker. 

Desirable 

• Experience working in a financial authority as a regulator, supervisor, policy maker, or technical advisor.  

• Experience in management consulting (or similar) or/and a multilateral institution relating to the regulation or supervision of fintech.  

• A strong local and regional network of contacts within the regulatory, policymaking, and/or FinTech spaces.  

• In-depth knowledge of financial supervision practices, regulatory frameworks, and compliance requirements. 

• Strong understanding of emerging regulatory areas such as digital assets or open banking, and the related implications for financial regulators and supervisors.  

• Ability to collaborate and build relationships with internal and external stakeholders, including financial authorities, government departments and industry bodies. 

• Knowledge of international standards, guidelines, and best practices in the regulation of fintech. 

• Experience in programmatic reporting and evaluation/assessment.  

What We Offer

• A job and a team with a purpose. This is a chance to work on important challenges in the financial sector that greatly affect our economies and society, and to have a real impact using data and tech to transform the public sector.  

• Opportunity to innovate and to break new ground in this field. 

• Exposure to leading thinkers, researchers, and solution creators in the financial and technology space and academia.  

• Opportunities to frame evidence-based discussions in a rapidly evolving industry.  

• Opportunities to work and collaborate with exceptional teammates, experts and partners in Indonesia and globally. 

• Competitive compensation.  

• Flexible work schedule.  

How to apply

If you are interested in this role, please contact jobs@fii.international.