Job Description
The Business Strategic Associate is responsible for formulating business strategies, developing growth initiatives, and ensuring that the company's business model aligns with PJP 1 regulations. This role acts as a bridge between management, product, operations, compliance, and external partners to drive revenue growth, operational efficiency, and competitive advantage in the payment industry.
Responsibilities:
- Develop and execute short-term and long-term strategic plans aligned with PJP 1 business direction.
- Conduct market research, competitor analysis, and review industry trends to identify new growth opportunities.
- Create business models, strategic roadmaps, and KPIs to enhance business performance.
- Identify potential strategic partners: billers, merchant aggregators, banks, switching providers, public institutions, and distribution channels.
- Lead business negotiations, prepare commercial proposals, and manage strategic relationships to strengthen the payment ecosystem.
- Ensure all business initiatives comply with PJP 1 requirements, including AML-CFT, operational risk, and data security standards.
- Work closely with Compliance, Risk, and Legal teams during product launch and contract review processes.
- Analyze business performance, including revenue streams, cost structure, profit margins, and optimization potential.
- Prepare strategic reports, business projections, and presentations for management and the Board of Directors.
Requirements:
- Bachelor's degree in Business, Management, Economics, Information Technology, or a related field.
- Minimum
3–5 years of experience
in the payment, fintech, banking, or consulting industry. - Strong understanding of Bank Indonesia regulations related to
PJP 1, risk management, governance, and payment security
. - Strong analytical skills with the ability to translate data into insights.
- Experience in business development, product strategy, or strategic partnerships is highly preferred.
- Excellent communication, negotiation, and project management skills.