The Banking, Financial Services, and Insurance (BFSI) sector is currently moving at a more measured pace. Investment activities are on hold, spending is cautious, and hiring has entered a holding pattern across many parts of the industry. Yet, beneath this quieter surface, key shifts are taking place. With strong fundamentals in place and continued support from surrounding industries like digital commerce, infrastructure, and manufacturing, a rebound is not just possible—it’s expected.
Compliance Today, Competitive Edge Tomorrow
One of the biggest forces shaping the current landscape is regulation. Governments are expanding oversight, with more BFSI products now covered under formal protection. While this creates operational complexity, it also encourages transparency, consumer confidence, and long-term stability.
In fintech, particularly P2P lending, we are seeing ongoing consolidation, with major players backed by large conglomerates continuing to strengthen their positions through robust infrastructure and well-resourced legal teams. However, local and independent P2P companies are also proving their resilience, staying competitive by focusing on niche market segments and tightening operational governance. Notably, legal and compliance hiring has increased by over 25% year-on-year, reflecting a broader industry shift towards regulatory alignment and sustainable growth. This trend shows that P2P companies in Indonesia are not exiting the market, but rather recalibrating and reinforcing their operations to remain relevant in an evolving financial landscape.
Hiring & Talent Trends
Despite a general slowdown in overall hiring, there's a distinct shift in the professional competencies organizations are prioritizing. Professional certifications are no longer merely advantageous; they are becoming indispensable. As an increasing array of financial products and processes fall under heightened regulatory scrutiny, professionals with proven credentials—especially in compliance, risk management, and governance—are in exceptionally high demand.
Some of these important certifications include: QCRO (Qualified Chief Risk Officer), BSMR (Badan Sertifikasi Manajemen Risiko up to Lv 7), PERADI Bar Exam, Advocate License, CIA (Certified Internal Auditor), QIA (Qualified Internal Auditor), CIISA (Certified International Information System Auditor), CPA (Certified Public Accountant), CA (Chartered Accountant), Brevet A&B, CFP (Certified Financial Planner), WPPE (Wakil Perantara Pedagang Efek) or WAPERD (Wakil Agen Penjual Efek Reksa Dana), and Sertifikasi AAJI (Asosiasi Asuransi Jiwa Indonesia).
Banks are also reinforcing their sales and commercial teams, especially as they push to grow stock market participation and boost investment activity. Meanwhile, in-demand hiring areas include HR, compliance, legal, risk management, and internal control—functions that play a vital role in helping institutions stay aligned with ever-changing regulations.
What companies truly value now are professionals who are strategic, agile, and adaptable. As the rules evolve, so must the workforce. Skills such as negotiation, policy interpretation, and government relations are emerging as must-haves, especially in leadership and mid-senior roles.
Helping Businesses Through Change: Monroe Talent Solutions
At Monroe, we understand that uncertainty doesn’t mean inaction. During this period of transition, we’re helping our clients stay prepared, agile, and competitive through a range of tailored solutions.
Targeted Staffing Support
Whether you’re looking to fill niche roles in compliance, legal, or commercial functions, or building a team for your next market shift, Monroe delivers precisely matched candidates, fast.
Outplacement Services
In a time where difficult decisions may need to be made, our outplacement programs ensure your people are supported with dignity and care—while preserving your employer brand. We’re thinking ahead, so you’re ready no matter how the situation evolves
Talent Mapping
Through talent surveys and salary benchmarking, we help clients understand where they stand—especially as organizational structures shift and competitors adapt. Whether you're navigating internal realignment or planning for next year, data-backed decisions can make all the difference.
Get in touch with us
The current measured pace within the BFSI sector is not a standstill; rather, it represents a strategic opportunity for adaptation and strengthening. By keenly understanding these fundamental shifts in regulation and talent dynamics, financial companies can put themselves in the best position for the expected rebound. Get in touch with our experts to get ahead start in your talent acquisition strategy.