Head of FinCrime Audit, Wise
ÂŁ120-160k
1-5 days a week in office
Money without borders
Be an early applicant
Money without borders
1001+ employees
Be an early applicant
ÂŁ120-160k
1-5 days a week in office
1001+ employees
Company mission
We’re on a mission. And it’s money without borders. Instant, convenient, transparent and — eventually — free.
Role
Who you are
- Relevant experience working in assurance, risk or control roles and deploying technology enabled assurance is key to driving the internal audit agenda
- You have proven experience working in risk, control or assurance
- You have worked in technology, fintech or broader financial services industries
- You have working knowledge of the UK regulatory frameworks and requirements
- A good understanding of the current regulatory environment, including MLRs, FCA Handbook, JMLSG, EU Money Laundering Directives, FATF and Wolfsberg Guidance
- You have strong experience and specialism in financial crime topics including fincrime risk management, KYC/KYB/KYM, Customer and Enhanced Due Diligence, Transaction Monitoring, Screening and Reporting
- You are able to work independently, you assume responsibility and you make your own judgement
- You take ownership over complex areas and solve problems with no or very limited guidance
- You have very strong coordination skills and you are able to hold teams accountable for meeting deadlines and delivering high quality outputs
- You seek to use data analytics and technology in your work and decision making processes
- You demonstrate attention to details but can summarise key messages succinctly, verbally and in writing adjusting your style and level of information based on the target audience
- You are passionate about driving change, making improvements and helping stakeholders
- You are not afraid of making decisions, can work autonomously and take initiative
- You’re a strong relationship builder across all levels of the business and externally. You manage and influence stakeholders with ease
- You have managed the delivery of the audit plan, responsible for planning, staffing, delivery and reporting of multiple audit engagements
- Relevant and applicable years of combined experience in assurance, risk or controls roles
- You have managed collaboration projects involving internal and external teams
- You have worked in a multinational environment across different cultures and countries
- Professional qualification: Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE), Internal Compliance Association (ICA) Certification/Diploma or Certified Internal Auditor (CIA)
- You have worked in regulated environments, Fintech or Financial Services
- You have subject matter expertise in Financial Crime
What the job involves
- As part of our team, you will be helping us create an entirely new network for the world's money. For everyone, everywhere
- Wise is looking for a Group Head of FinCrime Audit to join our new and growing IA team
- Your main task will be to lead and coordinate the internal audit process for Financial Crime and Fraud for all entities within the Wise Group
- The scope includes both global and regional processes and working with colleagues within the company and externally with partnering firms
- The role presents a great opportunity to focus on the development and delivery of audit engagements in a fast paced environment, focussed on data driven audit techniques and continuous monitorin
- We are a fast growing team, therefore you have the unique opportunity to collaborate and shape the operations, methodology and approaches of the Internal Audit function
- Support the implementation and operation of the internal audit assurance framework, including development of continuous monitoring and automated audit routines
- Support key projects to deliver an aligned assurance model across Wise
- Develop the annual audit plan for the financial crime domain, including the audit universe, risk assessment processes and budgeting processes
- Build and support a strong and self-sufficient internal audit team, locally and globally
- Oversee delivery of the audit plan to ensure timely and relevant audit outcomes
- Monitor the implementation of Internal Audit recommendations by the teams, measure the effectiveness of the improvements and report to oversight committees
- Develop strong relationships internally and externally.. Be seen as a trusted advisor to the business
- Promote and help embed a strong control culture, driving meaningful and relevant assurance programmes at Wise
- Strategically lead your teams through audit programmes, business partnering, change management and other domains
Salary benchmarks
Our take
Wise started when the two founders realised they would be better off trading Estonian kroons for British pounds (and vice versa) between themselves rather than going through banks. That was back in 2011, and they've since grown Wise into one of Europe's most successful tech businesses, exchanging billions of currency every month.
Wise rapidly grew by solving a significant problem for customers, who lost too much money to banks when exchanging currency. They've attracted investment from some of the best investors in the world, from Andreesen Horowitz to Index Ventures and even Richard Branson.
The challenge for Wise will be maintaining their edge and brand power in a market that's becoming increasingly crowded with new entrants (like Revolut and Monzo) and incumbents (traditional banks) trying to catch up. To do so, the company is ramping up its digital and marketing strategies, as well as pushing for further development of its existing products.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
38% employee growth in 12 months
Company
Employee endorsements
Flexible working
"I'm trusted to do my work regardless of whether I'm in the office or working from my spare room. Our mobile wiser scheme gives us the opportunity to..."
Funding (last 2 of 7 rounds)
Nov 2017
$280m
SERIES E
May 2016
$26.1m
SERIES D
Total funding: $396.5m
Company benefits
- Medical Insurance
- Health and Wellbeing Discounts
- 25 days holiday (excl. bank holidays) + 3 Me Days
- RSUs (Restricted Stock Units)
- 6 Week Paid Sabbatical
- Mobile Wiser - work remote for up to 90 days a year 🛫
- Parental Leave
- Pension and Retirement Plans
- Plus Many More!
Company values
- This isn’t just a job, we’re a revolution
- We get it done
- Customers > team > ego
- No drama. Good karma.
Company HQ
London, UK
Articles
Leadership
Taavet Hinrikus
(Chairman)Previously Director of Strategy for Skype.
Kristo Käärmann
(CEO)Previously a Consultant at PwC and Manager at Deloitte.
People progressing
Joined as Banking Lead, promoted to Head of Banking after 2 years, then again to Global Head of Banking.
Diversity, Equity & Inclusion at Wise
- Communities and safe spaces (Employee Resource Groups) – led by our Wisers so people can share experiences and information, support each other and connect on shared values
- Wise Cultural Calendar – a programme to learn and celebrate the wide range of cultures, traditions, backgrounds, and global experiences we have here at Wise. Example programmes include Pride Summer and Black History Month
- Our teams continue to set and drive their own bespoke objectives, holding themselves accountable and making sure they focus efforts where they can have the most impact
- We’re excited to partner with InChorus to collect ongoing data on our culture and enable teams to track their progress
- DEI development and training — We’re building our capability and getting everyone on the same page about DEI. Our new training programme will help new joiners and all Wisers know what DEI looks like day-to-day and how they can play their part
- Global policy review — We’re working with an external advisor to provide detailed feedback on best practices in policies by end January
- Disability inclusion – We’re building resources and support for Wisers and candidates with disabilities. Our goals is to offer practical information and support to ensure that Wise remains an inclusive environment for those impacted by a disability
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