Overview
Credit Legal & Custody Assistant Manager Jobs in Jakarta, Indonesia at Krom
Title: Credit Legal & Custody Assistant Manager
Company: Krom
Location: Jakarta, Indonesia
About the Role:
The Credit Risk, Legal & Document Control Assistant Manager is responsible for managing credit risk, ensuring compliance with applicable legal regulations, and overseeing the overall management of credit and legal documents. This role includes drafting and reviewing contracts, credit quality control, securing and archiving important documents, and overseeing the collateral assessment process.
This position also acts as an internal advisor on legal and credit risk aspects, ensuring that all business activities comply with regulatory standards (OJK, BI, KYC, AML). Furthermore, the Manager will lead cross-functional coordination and ensure the organization's readiness for audits and compliance with regulatory reporting obligations.
Key Responsibilitie:
- Manage and evaluate credit risk to ensure portfolio quality remains healthy.
- Provide credit decision recommendations based on risk analysis and legal aspects.
- Monitor credit exposures and identify potential default risks.
- Handling credit-related legal issues, including default, restructuring, and enforcement.
- Drafting, reviewing, and negotiating all credit agreements and related legal documents.
- Ensuring that all credit structures have strong and enforceable legal protection.
- Providing legal advice on credit decisions, including legal risk mitigation.
- Ensure all credit activities and documentation comply with applicable regulations (OJK, BI, KYC, AML, and Data Protection).
- Identify and implement regulatory changes into internal policies and procedures.
- Coordinate with compliance and ensure the completeness and accuracy of reporting.
- Manage the storage and security of original documents, including credit agreements and collateral documents.
- Ensure all documents are stored securely, organized, and easily traceable.
- Manage the document tracking system.
- Oversee the document issuance and return process to prevent loss or misuse.
- Implement document retention and destruction policies in accordance with regulations.
- Ensure the completeness and validity of collateral documents (certificates, building permits, land and building taxes, etc.).
- Coordinate with notaries, land and building officials (PPAT), and relevant parties regarding collateral binding.
- Ensure the collateral binding process complies with applicable legal provisions.
- Support the collateral execution process in the event of a problem loan.
- Ensure document readiness for internal and external audits.
- Conduct regular document reviews to ensure compliance and accuracy.
- Follow up on audit findings and ensure timely resolution.
- Identify potential risks in document management and credit legal processes.
- Coordinate with internal teams (Credit, Risk, Compliance, Finance).
- Liaise with external parties such as notaries, auditors, regulators, and debtors.
- Support due diligence processes and other documentation needs.
- Provide regular reports to management regarding document status and legal risks.
- Lead and develop the legal credit and custody team.
- Develop and ensure the implementation of standard operating procedures (SOPs) related to legal and custody documents.
- Improve the efficiency of documentation systems and data security.
- Maintain integrity, confidentiality, and independence in all work activities.
About You:
- Minimum of a Bachelor's degree in Law, Finance, Management, or a related field.
- A Master's degree (Master of Law/Finance/Risk Management) is an added advantage.
- Minimum 3–7 years of experience in legal credit, custody/document control, or risk management, particularly in the banking, multifinance, or fintech industries.
- Experience in drafting and reviewing credit agreements and managing legal documents.
- Experience handling audit processes, compliance, and regulatory reporting.
- Exposure to collateral binding and problem loan management is a plus.
- Mastering property valuation methods: Cost Approach, Market Approach, Income Approach.
Preferred Skills:
- Understanding of banking law, contract law, and financial regulations (OJK, BI, KYC, AML).
- Mastery of credit processes and structures, as well as legal risk mitigation.
- Proficient in document control and storage management systems.
- Understanding of collateral binding processes (fiduciary, mortgage, etc.).
- Capable of managing and overseeing physical and digital document archiving systems.
