Senior Regulatory Compliance Manager, Wise
Investments
£85-115k
More information about location
1-5 days a week in office (Shoreditch, London)
Money without borders
Open for applications
Money without borders
1001+ employees
Open for applications
£85-115k
More information about location
1-5 days a week in office (Shoreditch, London)
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
- Our ideal candidate will have a background in regulatory compliance, great communication and organisational skills, tons of motivation and positivity
- Knowledge - You have a strong knowledge of prudential and investment regulations and applicable guidelines, standards and policies, including MiFIDPRU, IFPR and CASS
- A knowledge of additional regulatory requirements relating to operational resilience, wind down planning, payments or conduct rules would be beneficial
- Experience - you have at least 4 years of experience in providing regulatory advice, policy drafting and/or risk management
- You get the job done. You have a sense of urgency and an ability to work well under pressure, prioritising, taking responsibility and working to tight deadlines
- Problem solving. You are a problem-solver. You get a kick out of finding innovative solutions and collaborating with different teams to deliver a mission
- Strong written and oral communication skills. You’re a strong relationship builder and considerate communicator across all levels of the business. You have the ability to influence others and empower teams to strengthen their compliance processes to mitigate risks
- Resilience. You recover from difficulties quickly. You admit when things don’t work out and share learnings, try again and iterate with new solutions
- Open to travel. The role is London-based, but many of our teams are located across different office locations. You’ll be ready to travel if needed
What the job involves
- We’re looking for a Senior Regulatory Compliance Manager to help scale our investment product and support our Finance and Treasury teams in understanding and complying with applicable prudential regulatory requirements
- Based in London, you will work with a growing team of multidisciplinary specialists (Risk, Product, Treasury, Finance, Marketing) across the globe
- You’ll help manage and strengthen the team’s approach to managing the regulatory risks, their governance and oversight
- In the short term this role will provide maternity cover for an existing Snr. Compliance Manager
- When they return from maternity leave they will lead compliance with our conduct regulatory requirements for both our investments and payment businesses in the UK and this role will focus on prudential and investment regulatory requirements
- Be the SME for prudential and investment regulatory advisory and policy for our UK investments business. Including IFPR, MIFIDPRU, SYSC 19G and CASS
- Handle escalations from first line teams in relation to the investment product and prudential management
- Assess upcoming changes to prudential and investments regulations and guidelines and work with first line teams to conduct impact assessments and develop implementation plans, where required
- Support internal and external audit responses relating to CASS and prudential regulations
- Work closely with the wider regulatory team to manage regulatory engagement and internal and external reporting
- Work with the second line monitoring and testing team to ensure effective oversight and assurance arrangements are in place to monitor and test compliance with applicable prudential and investment regulatory requirements
- Provide regulatory training and self-help materials to assist the investment business comply with regulatory obligations and policies
- Advise on marketing campaigns relating to our investment product
- For the maternity cover period only, support the business with compliance with conduct rules and requirements relating to investment firms
- Play an instrumental role in helping our team understand and comply with applicable prudential and investment regulations
- Develop an in-depth knowledge of Wise’s growing business and get to know many teams across the company
- Implement innovative and creative compliance solutions with a technology and customer focused approach
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
Many 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
$24.9m
SERIES D
Total funding: $395.3m
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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