Treasury Controller, Wise
Liquidity
£79-115k
More information about location
1-5 days a week in office
Money without borders
Open for applications
Money without borders
1001+ employees
Open for applications
£79-115k
More information about location
1-5 days a week in office
1001+ employees
Company mission
We believe in money without borders. That's why we're building the best way to move and manage the world’s money. Min fees. Max ease. Full speed.
Role
Who you are
- Theory - You have a very good knowledge of the basics of internal controls. You are keen to learn more about Fintechs and the inner workings of an organisation dealing with high volume transactions
- Financial Knowledge - you have a good understanding of liquidity risk and what an effective liquidity risk management framework looks like
- Practice - You have experience in understanding drivers that impact liquidity and controls that help manage the risk. You have an understanding of ILAAP
- Love getting things done - You are not afraid to roll up your sleeves and take responsibility to do whatever needs doing to solve problems. You take a proactive approach in resolving complex issues. We get it done!
- Commercial acumen - You understand the value of taking a balanced approach to risk and controls to support the growth of the business
- Collaborative - You work well in a multinational team environment and know how to have an impact through others. No Drama Good Karma!
- Development - You are keen to learn and develop your knowledge of how a FinTech and fast growing scale-up operates
What the job involves
- You will play a crucial role in enhancing our liquidity risk framework, identifying product liquidity risks, supporting our management policy and ensuring risk is well managed by our Treasury team
- As part of 1LoD be a trusted advisor to the Treasury and Product teams by supporting new product launches, designing reporting capabilities and advising on appropriate risk appetite
- Help document, challenge and build an end to end view of our internal control environment to illustrate key risks, controls and processes. Your focus will be on Liquidity Risk and understanding all of the different drivers and products that impact Liquidity Risk at Wise
- Design and implement a full testing plan of liquidity controls both on an ongoing basis and using stressed scenarios
- Continually develop and improve Liquidity Key Risk Indicators as Wise grows
- Develop and improve internal liquidity attribution as well as designing forecasting methodology to optimise the use of our operating liquidity
- Partnering with 2LoD teams to support risk identification and assessment as part of ILAAP, helping to quantify the risks and propose control enhancements to manage them
- Effectively support and challenge the product engineering, operations and product leadership teams on their journey to evolve and mature our risk and control environment
- Work closely with Treasury teams during planning sessions to help guide and deliver on control design improvements. We love automation and our engineers will need your help to design the most efficient controls
- Keep on track of control remediation findings and also monitor the progress for internal and external audit actions to ensure they are completed on time and actions are adequate to mitigate the inherent risk identified
- Chair the Liquidity Risk committee and input into the Assets and Liabilities Committee (ALCO) with senior representatives from Treasury, Corporate Treasury, Risk and Product teams
- Although the role will primarily focus on liquidity risk, wWe are a close knit team that covers all Financial risks so there is an opportunity to also support and provide cover across Market and Credit Risk
- Own your own path of success - You’ll have a high level of autonomy and responsibility
- Grow with the role - You will have the exposure and opportunity to speak to key senior members of the organisation getting into the details of remediation steps. You will be able to develop your leadership skills by managing delivery of remediation points with contacts across the business
- Stepping stone - This role provides an excellent platform for someone looking to step into the treasury function of a fast growing Fintech
- Develop an in-depth knowledge of Wise’s business - Get to know many teams across the business as you partner with them to help them implement a risk and control culture
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. Its attracted investment from some of the best investors in the world, from Andreesen Horowitz to Index Ventures and even Richard Branson.
While the market is crowded with new entrants (think Revolut and Monzo) and traditional banks trying to catch up, Wise is still staying one step ahead having recently opened a new hub in India and new payment features as well as reporting a rise in key metrics on higher volume and customer growth. This continued growth positions the company well for continued success in the future.
Freddie
Company Specialist at Welcome to the Jungle
Insights
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
$26.7m
SERIES D
Total funding: $397.1m
Company HQ
London, UK
Articles
Leadership
Taavet Hinrikus
(Co-Founder & Chairman)Previously Director of Strategy for Skype.
Kristo Käärmann
(Co-Founder & 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 and Chief Banking and Expansion Officer.
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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