Senior Enterprise Risk Manager, Wise
£85-115k
1-5 days a week in office
Money without borders
Be an early applicant
Money without borders
1001+ employees
Be an early applicant
£85-115k
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
- 7+ years of experience in Risk Management
- Experience with GRC Tooling and other technological means to measure risk positions and provide actionable risk analysis reporting to senior leadership
- Experience aligning to the other key risks across the risk taxonomy, including operational, financial and strategic risk as well as intersecting risks
- A strong understanding of systems, management information, and reporting systems
- A demonstrated track record of second line of defence independence and challenge/ escalation where concerns are felt
- Effective in change impact, liaison with other functions
- An ability to work independently and flexibly within a fast-moving environment
What the job involves
- We are looking for a Senior Enterprise Risk Manager to join our Group Risk function and support Wise's governance requirements. This second-line role will report directly to the Global Head of Enterprise Risk
- You will partner with the Global Head of Enterprise risk and the wider Risk organisation to deliver an effective Enterprise Risk Management program for Wise
- Risk Management Policies:
- Ensuring that there is appropriate review, update and approval of policies owned by Risk Management (2LOD), ensuring these continue to meet business, stakeholder and regulatory expectations
- Helping to draft policies where gaps are identified, socialising as appropriate internally and seeing through to committee approval and implementation.
- Engaging with regional Risk teams in respect of new policy development and/or amendments that require their engagement, agreement and execution, also monitoring its adequacy to regional requirements
- Own and maintain the Enterprise Risk Methodology and Framework Policies, utilised for risk calculations across the company and determine the governance protocols for risk escalations
- Risk Frameworks:
- Ensuring that there is appropriate review, update, maintenance and approval of risk management frameworks across the organisation
- Drafting (and/or supporting drafting of) of frameworks where gaps are identified, ensuring stakeholder input as well as backtesting reviews are incorporated through the development cycle and seeing through to committee approval and implementation
- Oversight of the Wise Risk Governance process, including production of appropriate management information for risk governance boards and committees
- End-to-end management of the Emerging Risk oversight framework for the Wise Group
- Working closely with the risk domain leads to ensuring risk appetite, KRIs, and risk assessments processes are adequately followed and aligned with the enterprise risk management frameworks
- Risk Reporting:
- Oversee the completion and quality of Risk Assessments within the centralised Governance, Risk and Compliance (GRC) Tool - Auditboard
- Ensuring that the logistics of risk assessments and reporting are fit for purpose and timely, aligning to committee schedules and business requirements
- Working with domain risk leads, as well as regional risk leads, in identifying relevant escalations, deep dives and reviews necessary to take to group risk committees, as well as Audit and Risk Committee
- Continuously improving the quality of the content shared with the board. Ensuring the content is concise, target and clear to support boards insight of risks at Wise
- Risk Engagement:
- Assisting risk/control owners, product managers, risk leads, regional risk officers and wider parts of the group in correctly utilising the GRC tooling in their risk assessing
- Helping to track and deliver progress against our principal Risk Management programme adoption, execution, and remediation milestones
- Monitoring the output of internal audit and 2nd LOD oversight functions and coordinating any inputs needed from Group Risk in the matters or issue/incident remediation plans that impact standing risk exposures
- Ensuring that the Group Risk is appropriately complying with regulations applicable to 2LOD risk teams and that the function operates suitable systems and controls. This would also include your involvement in driving efficiency where possible through automation, tooling and process improvements
- Keeping up to date with industry developments and regulations relating to risk governance
- Develop and coordinate the delivery of risk training across wise with the support of the wider risk organisation
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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