SMF16 Compliance Oversight Director

The role

The SMF16 Compliance Oversight Director will lead regulatory strategy, risk governance, and compliance operations for the UK market entry. This role involves creating compliance frameworks, policies, and controls from scratch and acting as the primary contact with the FCA.

What you will 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.
• Build policies and controls covering AML, KYC, data privacy, consumer duty, distribution, and claims-related compliance.
• Conduct risk assessments and implement remediation plans.
• Establish monitoring, testing, and reporting processes.
• Ensure internal audits, compliance reviews, and control testing are operationalised.
• Oversee product compliance, marketing reviews, pricing governance, and distribution oversight.
• Implement complaint handling frameworks aligned with regulatory standards.

Required qualifications

• 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.

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

Benefits

• Competitive compensation
• Long-term growth
• International career opportunities

About the company

BJAK is Southeast Asia’s largest digital insurance platform, expanding financial access through automation, data, and digital scale.