SMF16 Compliance Oversight Director
Job description
Lead regulatory strategy, risk governance, and compliance operations for BJAK's UK market entry and expansion alongside the CEO, expected to hold the SMF16 (Compliance Oversight) Senior Management Function and act as primary point of contact with the FCA. This is a build role creating frameworks, policies, and controls from scratch.
At a glance
- Work mode
- Hybrid · London, United Kingdom
- Languages
- English
- Pay
- GBP 100,000 – 150,000 / year
What you'll do
- 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.
What we're looking for
- 8+ years of compliance, risk, or regulatory experience within financial services, insurance, insurtech, or fintech.
- Deep understanding of UK regulatory frameworks, including FCA rules and consumer duty requirements.
- Proven ability to design policies, conduct risk assessments, and manage complex compliance programs.
- Strong communication and stakeholder management skills, including dealing with regulators.
- See compliance as a strategic enabler, not a blocker.
- Operate with high integrity, sound judgment, and strong attention to detail.
- Communicate clearly and influence leaders using data and logic.
- Enjoy building frameworks and scaling systems from early-stage to mature environments.
- Thrive in fast-paced, evolving settings where regulation meets innovation.
Nice to have
- Experience in compliance for digital platforms, distribution, or insurance products.
- Experience in start-up or high-growth environments.
- Previous SMF experience.
- Background in insurtech, digital distribution, or online marketplaces.
- Knowledge of GDPR, AML, sanctions, or cross-border compliance.
Apply
About Bjak
Southeast Asia's largest digital insurance platform
BJAK is Southeast Asia's largest digital insurance platform, expanding financial access through automation, data, and digital scale. As we grow across markets, we are committed to building a platform that is safe, compliant, and trusted.
Mission
Expanding financial access through automation, data, and digital scale, building a platform that is safe, compliant, and trusted.
Key facts
- Digital insurance / insurtech
- Southeast Asia's largest digital insurance platform
- Expanding into the UK market
What they value
- Fairness
- Transparency
- Ethical practices
- Responsible selling
- Integrity