Compliance Officer - Advisory - Hybrid

Wakam; City of Westminster; Remote; GBP 50,000 - 70,000; Full time

Job summary

A European B2B2C insurer is seeking a Compliance Specialist to oversee PRA, FCA, and ICO regulations. The ideal candidate should have strong insurance experience and significant compliance expertise. Responsibilities include advising on regulations, managing relationships, and embedding compliance culture across the organization. This role offers full-remote work and emphasizes a collaborative, non-hierarchical environment.

Benefits

Full-remote work

Free.day every last Friday

Flat hierarchical system

Qualifications

• Strong insurance experience with a cross‑functional understanding.
• Significant experience working within a compliance function.
• Expert technical knowledge of relevant regulations.

Responsibilities

• Act as SME on PRA, FCA and ICO regulations.
• Contribute to horizon-scanning process for regulations.
• Lead contact with business for new rules.

Skills

Strong insurance experience

Compliance function experience

Expert knowledge of regulations

Excellent communication skills

Proactive mindset

Job description

About Wakam

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

Main Tasks & Responsibilities

• 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.
• 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 by providing compliance SME input into business projects.
• Support the Head of UK Compliance on all second‑line conduct matters.
• Assist in the preparation of the annual Compliance Plan.
• Manage key business relationships and attend key business committees.
• Develop and maintain FCA and PRA regulatory relationships.
• Develop internal relationships with the wider Compliance Team (may include office visits to Paris).
• Support the preparation of Board and committee reporting.
• Maintain compliance policies, registers, and 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 suitable recommendations.
• Review data privacy queries from the business, assessing applicable legislation to provide suitable recommendations.
• 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.

Profile & Qualifications

• Strong insurance experience with a cross‑functional understanding.
• Significant experience working within a compliance function.
• Expert technical knowledge of relevant regulations.
• Pro‑active mindset, not afraid to challenge the status quo.
• Professional approach and ability to deliver high‑quality work.
• 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

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

We Are Looking For

Mindset compatibility with our “Free to Impact” culture: Think big, biased for action, curious and eager to learn, able to say no and find solutions, aim for the moon (but stay realistic). Above all, have fun working together. Good to know: Wakam is not based on a hierarchy but on a methodology where everyone finds his role and knows his objectives.

Benefits

• Full‑remote work.
• Every last Friday of the month is Free.day – a day without meetings to focus on skill sponsorship or other activities.
• Flat hierarchical system and highly collaborative operating model.
• Diversity of experience: even a team member works from a sailing boat.

Contact & Application

To learn more about us, discover who we really are with the 11 cultural markers on our website. If you have the Wakam mindset, join us!