Head of Compliance – UK

2 days ago

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BJAK

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eCommerce • Insurance • Marketplace

BJAK is a leading online platform in Southeast Asia that offers comprehensive automobile insurance comparison services. The company enables Malaysian users to compare and purchase auto insurance from multiple insurers efficiently, providing considerable savings and convenience. BJAK is renowned for its user-friendly digital platform that allows quick insurance and road tax renewals, offering discounts up to 11%. With a strong emphasis on customer service, BJAK also provides 24/7 roadside assistance, accident support, and replacement vehicles. It is a pioneer in the insurance comparison sector in the region and has facilitated significant savings for millions of car owners.

51 - 200 employees

🛍️ eCommerce

🏪 Marketplace

📋 Description

• Design and enforce compliance frameworks that enable safe scaling of digital financial services. • Ensure BJAK operates in accordance with UK regulatory standards, especially FCA requirements. • Protect consumers through transparent, fair, and ethical practices. • Establish BJAK as a trusted partner with regulators, partners, and industry stakeholders. • Build compliance capability and culture across the company. • Develop and maintain compliance frameworks aligned with UK regulatory requirements. • Lead regulatory readiness for market entry, licensing, and ongoing supervision. • Serve as the primary contact with the FCA and relevant UK bodies. • Interpret regulatory changes and guide business strategy accordingly. • Build policies and controls covering AML, KYC, data privacy, consumer duty, distribution, and claims-related compliance. • Conduct risk assessments and implement remediation plans for identified gaps. • Establish monitoring, testing, and reporting processes for ongoing compliance. • Ensure internal audits, compliance reviews, and control testing are operationalised. • Embed fairness, transparency, and responsible selling throughout the organisation. • Oversee product compliance, marketing reviews, pricing governance, and distribution oversight. • Implement complaint handling frameworks aligned with regulatory standards. • Partner with product, operations, legal, marketing, and commercial teams to ensure compliant execution. • Provide guidance on regulatory implications of new products, partnerships, or distribution models. • Deliver training to ensure teams understand and execute compliance responsibilities.

🎯 Requirements

• 8+ years of compliance, risk, or regulatory experience within financial services, insurance, insurtech, or fintech. • Minimum 1 year experience in the insurance industry • Deep understanding of UK regulatory frameworks, including FCA rules and consumer duty requirements. • Experience in compliance for digital platforms, distribution, or insurance products (preferred). • Proven ability to design policies, conduct risk assessments, and manage complex compliance programs. • Strong communication and stakeholder management skills, including dealing with regulators.

🏖️ Benefits

• Shape compliance for a fast-growing international fintech-insurtech platform. • Build frameworks that enable safe, inclusive financial access at scale. • Work closely with leadership and regulators to drive responsible innovation.