Compliance Officer - Advisory - Hybrid

Wakam; City of Westminster; Hybrid; GBP 45,000 - 60,000; Full time

Job summary

A European B2B2C insurer seeks a Compliance Specialist to assist in delivering advice on regulatory matters. Responsibilities include acting as a subject matter expert for PRA and FCA regulations, leading compliance projects, and supporting business changes. The ideal candidate possesses strong insurance experience and significant compliance expertise, along with excellent communication skills. Join a company that values agility, transparency, and autonomy, and make a real impact in the compliance team.

Qualifications

• Proactive approach and ability to challenge the status quo.
• Expert technical knowledge in compliance areas.
• Demonstrated persistence and adaptability.

Responsibilities

• Assist with delivering compliance advice to the business.
• Act as SME on PRA, FCA, and ICO regulations.
• Lead contact to communicate new regulatory rules.
• Provide compliance support for business changes.
• Design and deliver compliance training.

Skills

Strong insurance experience

Significant experience in compliance

Excellent communication

Ability to influence

Energy and enthusiasm

Job description

Main Tasks & Responsibilities

• Responsible for assisting the Head of UK Compliance with delivering timely and accurate advice to the business with the opportunity to lead a variety of projects to help deliver the Annual Compliance Plan.
• Act as SME on matters related to PRA, FCA and ICO regulations for the Compliance Team focusing on general advisory and second line conduct activity.
• Contribute to the Team’s horizon scanning process leading on the interpretation and implementation of PRA FCA, and ICO regulations and guidance.
• Lead contact with the business to communicate new PRA and FCA rules and requirements.
• Be a point of contact for the business to provide compliance support and input in relation to proposed business changes and how these are impacted by FCA and PRA regulatory requirements.
• Support compliance projects both within the Team and providing compliance SME input into business projects.
• Support the Head of UK Compliance on all second line conduct matters.
• Support the preparation of the annual Compliance Plan.
• Manage key business relationships and attend key business committees.
• Support the development and maintenance of FCA and PRA regulatory relationships.
• Develop internal relationships within the wider Compliance Team, which may include office visits to Paris.
• Support the preparation of Board and committee reporting.
• Support the maintenance of compliance policies and compliance registers.
• Design and deliver training.
• Embed regulatory change and revised compliance policies within the business.
• Review sanctions referrals and Financial Crime queries from the business, assessing applicable legislation to provide a suitable recommendation.
• Review data privacy queries from the business, assessing applicable legislation to provide a suitable recommendation.
• Promote a compliance culture by raising awareness and appreciation of compliance matters.
• Drive improvements in areas of responsibility and propose changes to improve compliance and business efficiency.
• Deputise for the Head of Compliance when required.
• Drive and embed a compliance culture at Wakam.

Your profile

• Strong insurance experience with cross-functional understanding.
• Significant experience working within a compliance function.
• Expert technical knowledge.
• Pro‑active and not afraid to challenge the status quo.
• Professional approach and delivery of work product.
• Energy, enthusiasm, persistence and adaptability.
• Ability to influence and lead others.
• Focus on timely delivery of quality outputs.
• Excellent communication and interpersonal skills.

Recruitment process

• Screening interview with Charlotte, Talent Expert.
• Technical & fit interview with Head of Compliance UK.
• Leadership fit interview with Head of Risk Officer UK.
• HR culture fit interview with Laura, Head of Talent & Aurélien, VP People & Culture.

Culture & values

Wakam is a European B2B2C insurer that designs white label general insurance (GI) products for its partners (e‑retailers, brokers and fintechs / insurtechs). Our solutions are embedded within the products or services offered to the end customer. We operate in 32 countries across Europe, with most revenues generated outside of France. Products are delivered through API and hosted on our Play&Plug platform. Since March 2021, we are mission‑driven, defined nine commitments to illustrate this mission, such as writing insurance contracts in plain language.

We are free to impact, agile, and transparent. We have a flat hierarchy, a collaborative operating model, and every last Friday of the month we celebrate Free.day. Full‑remote is a reality, and we encourage curiosity, autonomy, and a sense of adventure.

Our mindset: Free to Impact. Think big, biased for action, curious, eager to learn, can say no and find solutions, aims for the moon, and above all: have fun working together!

Join us if you are curious, hungry for freedom, and want to make a real impact.