Senior Product Compliance & Risk, Wise
Wise Platform NAM
$134-170k
1-5 days a week in office
Money without borders
Posted today
Money without borders
1001+ employees
Posted today
$134-170k
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
- You have a Compliance background, with hands-on experience in the US market, specifically on BaaS and platform partnerships
- Your experience spans across more than one area of compliance: from permissibility to fincrime (ideally with exposure to correspondent banking), from consumer protection to permissible investments, and more
- You have the ability to drive business decisions by convincing both internal and external parties on execution
- You are a natural owner that drives and delivers projects from inception to completion, that can go into the details of each and every problem within their domain space
- You are an engaging communicator that can effectively present to different audiences (i.e. from Regulators to engineers)
- You are analytical, use data to make decisions and challenge assumptions
- You have experience (or desire) in working in a fast-growing environment and apply your previous industry experience in a new paradigm that reflects how Wise works
- You are willing to travel as Wise offices are located across different geos globally
What the job involves
- Wise has already pioneered new ways for people to transfer money across borders and currencies. Your mission is to shape the Product Compliance and Risk Program, for Wise to offer its services to many more Customers, via partnerships with Financial Institutions and Platforms in North America
- This is a first line of defense hands-on role, embedded in the Wise Platform North America Product Squad
- You will be growing the Product Risk and Compliance team, owning projects and making decisions
- Stay ahead of the financial crime and regulatory compliance trends and the regulatory agenda in North America, with a particular focus on BaaS
- Translate and implement regulatory requirements, for Product and Engineering teams to seamlessly execute on
- Identify when local regulatory requirements can be executed by leveraging existing global controls and when unique requirements need prioritization, optimizing for utilization of existing controls where possible
- During exams and audits, coordinate Wise response by challenging any assumption that is not a correct reflection of the Wise’s Risk and Controls framework, and coordinate evidencing controls as necessary
- Support defining the Regulatory and Financial Crime Risk metrics for Wise Platform in North America, using your judgement to leverage global Key Risk Indicators or formulating market / region specific ones where needed
- Be hands-on in delivering product improvements, whatever identified by external or internal parties, including self-identified. Shape improvements project management and prioritisation by knowing Wise Platform products and features into the details
- Monitor and report on the health of Wise Platform in North America, in front of internal and external stakeholders
- Lead Regulatory, Financial Crime and Risk discussions and forums with clear action plans and updates on previously identified issues
- Take part in industry associations initiatives where discussing Wise Platform services in North America
- Grow your hands-on Fintech knowledge at full speed
- Keep Compliance right at the heart of the product and engineering development cycle, in a fast-moving environment
- Be empowered to identify regulatory and compliance issues or opportunities and take a lead in execution
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
Few 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
$24.6m
SERIES D
Total funding: $395m
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.
Salary benchmarks
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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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