Senior Product Compliance and Risk Manager - FinCrime

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.

Whether people and businesses are sending money to another country, spending abroad, or making and receiving international payments, Wise is on a mission to make their lives easier and save them money.

As part of our team, you will be helping us create an entirely new network for the world's money.

For everyone, everywhere.

Job Description

More about our mission and what we offer.

You'll join as a Fincrime Product Compliance Manager, that is part of our European Product Risk and Compliance team, which is part of the 1st Line of Defense (1LOD), bridging the gap between regulatory requirements and controls implementation. Read this blogpost to understand more about how Product Compliance operates at Wise.

This strategic addition comes in response to the rapid growth of our product offerings and the increasing regulatory expectation we face in Europe. This is a hands-on, a unique opportunity to have an impact on Wise’s mission, grow as a product and compliance manager, and help save millions more people money.

Your Mission

Wise has already pioneered new ways for people to transfer money across borders and currencies. Your mission is to enable our product team in Europe to launch new products and grow our presence in the markets through a deep understanding of the financial crime regulatory requirements and Regulators’ expectations around them.

This is a first line Product Compliance role, embedded in the Product team.

You, together with the Wise Europe product team and Wise Financial Crime Product team, will be responsible for:

Your Mission

Wise has already pioneered new ways for people to transfer money across borders and currencies. Your mission is to enable our product team in Europe to launch new products and grow our presence in the markets through a deep understanding of the financial crime regulatory requirements and Regulators’ expectations around them.

This is a first line Product Compliance role, embedded in the Product team.

You, together with the Wise Europe product team and Wise Financial Crime Product team, will be responsible for:

Control Design

• Support the launch of new products and services by implementing financial crime requirements in a customer-oriented way while fully adhering to regulatory requirements;
• Ensure that controls scale with the product by developing ongoing review and monitoring processes. Keeping Wise and its customers compliant while mitigating the risk of financial crime.
• Develop smart and scalable ways to support new partnerships while managing associated financial crime risks

Financial Crime Risk And Remediation

• Advise Product and operational teams on how to interpret financial crime regulatory requirements or improve processes to avoid regulatory breaches and/or incidents.

Third Parties Relationships

• Represent Wise in external meetings with Banking Partners and Regulators, being able to clearly and effectively articulate Wise Controls.

This Role Will Give You The Opportunity To

• Grow your hands-on Fintech knowledge at full speed;
• Build world-class products: The role is a unique opportunity to build innovative state-of-the-art products that are compliant for our customers and regulators
• Work together with all our amazing teams globally

Qualifications

• Min 5 years of relevant experience working in financial crime controls in a financial institution, fintech or consulting firm.
• Familiar with EU financial crime regulation and regulatory expectations
• Fluent in English (French and/or Dutch is a plus)
• Ability to define, present and defend approaches when challenged.
• Ability to prioritise effectively and call-out what are the key areas of improvement and implementation required from a regulatory point of view;
• Ability to effectively communicate with Product Managers and Engineers and provide practical, actionable, and value added recommendations;
• Problem solving attitude, with the ability to use regulation together with data to drive business decisions;
• A natural owner, that drives and delivers project from inception to completion, timely and with attention to the details;
• Ability to interpret data and create actionable insights / proposals
• Proven ability to translate regulatory requirements into actionable Business Requirements actionable
• Willingness to travel; and legally authorised to work in Belgium

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.