B

BJAK

Online auto insurance marketplace with services

Compliance Officer

Regulatory Compliance & EthicsConfirmed live in the last 24 hours
Full-timePetaling Jaya, Selangor, MalaysiaNo salary listed

About the Job

Requirements

  • A degree or professional qualification from an institution recognised by the government of Malaysia.
  • At least 5 years of relevant experience in the financial industry, including 3 years in a compliance, regulatory or risk role at an SC-licensed or SC-registered entity, or at a BNM-regulated institution.
  • At least 2 of those years must be in capital markets.
  • Command of the SC's Guidelines on Recognized Markets, the SC's AML/CFT Guidelines and AMLA 2001, and the Guidelines on Conduct and on Corporate Governance for Capital Market Intermediaries.
  • Able to meet the SC's fit and proper criteria.
  • Strong English communication is required.
  • Candidates should be based in, or able to work from, Petaling Jaya.

Responsibilities

  • Build and run the compliance framework, including the monitoring plan, registers, and breach and corrective action process.
  • Own the risk and compliance content of the registration application, including the operational and compliance manuals.
  • Support independent validation of controls covering risk, compliance and anti-money laundering through completion.
  • Maintain the platform rulebook and run amendments through the SC's review routes.
  • Ensure anti-money laundering monitoring allocation is recorded in every partner agreement, and verify that partner monitoring is evidenced.
  • Own conflicts of interest, anti-corruption and whistleblowing, and complaints.
  • Own reporting and regulatory notifications, including the annual compliance report, audited accounts, the periodic compliance audit tabled to the board, and all key person, breach and shareholder notifications within their deadlines.
  • Review onboarding flows, product additions, disclosures and marketing before they ship, and run compliance training across the team.

Desired Qualifications

  • SC Licensing Examination Module 11, the International Compliance Association Diploma in Governance, Risk and Compliance, or CAMS.
  • Experience of a Recognized Market Operator registration or an SC supervisory review.
  • Experience of online distribution and multi-partner fund distribution models.

About the Company

BJAK

Online auto insurance marketplace with services

Bjak.my runs Malaysia's leading online auto insurance marketplace and digital services platform, letting users compare and buy car and motor insurance from multiple insurers and renew road tax instantly. The product works by collecting user details, showing quotes, enabling purchase, and offering added services like nationwide towing and emergency roadside assistance, all through a single platform; revenue comes from commissions on sales and extra services. It differentiates itself with a wide insurer network and a multi-service approach (insurance, road tax renewal, towing, roadside help) backed by MSC Status. Its goal is to make auto-related financial and support services simpler, cheaper, and more accessible for users across Malaysia and the Southeast Asia region, while continuing to save customers money.

Company size
201-500
Company stage
Not listed
Total funding
Not listed
Headquarters
Petaling Jaya, Malaysia
Founded
2018

Recently Posted Jobs

Explore more opportunities at BJAK

See more jobs