Company Description
Wise is a global technology company, building the best way to move and manage the world’s money.
Min fees. Max ease. Full speed.
At Wise, we are fully devoted to our Mission: Money without borders. Instant, convenient, and eventually free. Over 16 million people and businesses use Wise, which processes over £120 billion in cross-border transactions every month, saving customers over £1.5 billion a year.
We serve a wide range of customers from personal users, small businesses and increasingly even to large enterprises and banks. Wise Platform helps banks, fintechs and large enterprises leverage Wise’s infrastructure to offer their customers world class payments products through their own channels.
Our partners make up some of the world’s biggest banks and online platforms, such as Morgan Stanley, Monzo, Standard Chartered, and Google. Wise Platform is a start-up within a scale up. We’re based across the world - from New York, to London, to Singapore and beyond.
Job Description
As Wise Platform continues to scale globally, we are looking for someone to share our passion of building a fast growing global product to achieve the highest standards in fighting financial crime.
This role is a blend of leadership and hands-on work directly with product managers, analysts and engineers to help scale our Wise Platform product offering. The individual should be an anti-financial crime expert with strong exposure to Correspondent Banking, or Banking-As-A-Service who can leverage their subject matter expertise in the further growth of the Wise Platform. As Wise Platform undergoes continued global expansion, we seek a dedicated individual who shares our commitment to developing a rapidly growing international product. This role aims to uphold the highest standards in combating financial crime by diligently fulfilling all associated regulatory and risk management responsibilities.
Your Mission
Wise has already pioneered new ways for people to transfer money across borders and currencies. We now need support to scale our Wise Platform product offering in a compliant and structured way across all of our markets.
Your first responsibility will be to establish a compliance roadmap to combat financial crime reflecting on local regulatory expectations and financial crime risk. You will be expected to guide the wider Wise Platform Product Risk and Compliance team to ensure your vision becomes a tangible, scalable reality through implementing robust framework and controls.
Here’s how you’ll be contributing to the Wise Platform Product Compliance team, in the first line:
Compliance & Implementation:
Conduct regulatory analysis to ensure the Global Partner Onboarding program's adequacy and compliance.
Drive the implementation of this program across 1LOD operations teams.
Offer guidance to Product Managers and Onboarding operations teams on current and upcoming regulations, identifying gaps and risks, and empower team members to do the same.
Communicate with bank partners and regulators regarding our product offering and related financial crime controls across all markets.
Leadership & Team Management:
Risk Management & Monitoring:
Develop a global monitoring program to assess risks associated with partners, their customers, and transaction activity presented to Wise globally.
Scale the existing transaction monitoring controls program to maintain the effectiveness of Wise Platform's compliance controls for the Correspondent Services product.
Implement consistent processes for decision-making on exceptions during the onboarding process and develop a monitoring program for these exceptions across all partners and markets.
Engage with Partners when standards vary from those expected, including those in situations where adverse media is identified
This role will give you the opportunity to:
Grow your hands-on Fintech knowledge at full speed;
Keep compliance right at the heart of the product development cycle, in a fast-moving environment;
Be empowered to identify ‘regulatory problems’ and take a lead in the solution design and implementation
Salary: £112-160,000 + RSU + Benefits
Qualifications
About you:
You have a background in BaaS or Correspondent Banking anti- financial crime
You have experience scaling financial crime controls across a number of markets with particular experience in the UK, EU and US markets
Ability to analyze and interpret complex regulatory frameworks and apply them effectively;
Ability to grow and scale teams to support a rapidly expanding product offering
Problem solving attitude, with the ability to use regulations together with data to drive business decisions;
Experience (or interest) in working in a fast-growing environment and working directly with product teams;
Willing to travel, as Wise offices are located across different countries; and
Legally authorized to work in the UK or willing to relocate
Additional Information
For everyone, everywhere. We're people building money without borders — without judgement or prejudice, too. We believe teams are strongest when they are diverse, equitable and inclusive.
We're proud to have a truly international team, and we celebrate our differences.
Inclusive teams help us live our values and make sure every Wiser feels respected, empowered to contribute towards our mission and able to progress in their careers.
If you want to find out more about what it's like to work at Wise visit Wise.Jobs.
Keep up to date with life at Wise by following us on LinkedIn and Instagram.
For everyone, everywhere. We're people building money without borders — without judgement or prejudice, too. We believe teams are strongest when they are diverse, equitable and inclusive.
We're proud to have a truly international team, and we celebrate our differences.
Inclusive teams help us live our values and make sure every Wiser feels respected, empowered to contribute towards our mission and able to progress in their careers.
If you want to find out more about what it's like to work at Wise visit Wise.Jobs.
Keep up to date with life at Wise by following us on LinkedIn and Instagram.
