KYC Onboarding Analyst, Wise
$79-102k
1-5 days a week in office
Money without borders
Open for applications
Money without borders
1001+ employees
Open for applications
$79-102k
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
- Excellent verbal and written English skills (additional language skills are a plus) with the ability to clearly articulate your thoughts
- A minimum of two (2) years of financial services industry regulatory compliance experience, preferably at a bank, trading, payments, or fintech institution
- Skilled in investigation and business notation, specializing in evaluating risk assessments and compliance documentation, able to make decisions based on these
- Proven experience onboarding large enterprises to financial platforms, effectively managing complex organisational structures and processes
- Strong capabilities in documenting business processes and compliance measures with clarity and precision
- Understanding of risk-based approaches and assessments as well as control design and implementation in Risk and Compliance
What the job involves
- Join our dynamic Wise Platform team as an Onboarding Analyst, where you will onboard and manage compliance operations for enterprise businesses and banks partnering with Wise. This position offers the unique opportunity to influence Wise’s mission and establish partnerships that facilitate instant, borderless money for more people
- Wise Platform helps financial institutions and large enterprises leverage Wise’s infrastructure to offer their customers world class payments products through their own platforms. Wise Platform is a start-up within a scale up. We’re a cross functional team across sales, account management, product, engineering, compliance, analytics and many other functions. We’re based across the world – from London to Singapore, Austin and beyond
- Your primary mission will be to onboard banks and enterprise partners, assessing their compliance policies, producing comprehensive compliance memos to determine partner risk and hand-holding partners through their KYC journey
- Conduct thorough and detailed due diligence on our banks and enterprise business partners to assess their compliance with regulatory requirements, internal policies, and industry standards
- Review partners’ documentation, including Know Your Customer (KYC) information, legal agreements, and other relevant materials to ensure accuracy and completeness
- Document your findings in compliance memos that summarize potential risks
- Assist in the development and improvement of the compliance onboarding process to enhance efficiency and effectiveness
- Manage the onboarding process for banks and online platforms, ensuring seamless integration with Wise Platform
- Keep abreast of regulatory developments and industry best practices to ensure that the onboarding process aligns with the latest compliance standards
- Develop and maintain strong relationships with partners to facilitate smooth onboarding and address any compliance-related queries or concerns
- Evaluate and recommend appropriate monitoring controls based on the inherent risks identified during the onboarding process
- Apply broad industry, operational risk, and regulatory knowledge to drive onboarding excellence
- Collaborate with internal stakeholders, such as Legal, Risk Management, and Business Development, to obtain necessary information and approvals for client onboarding
- Act as a SME to senior stakeholders and/or other team members related to Enterprise Due Diligence processes and compliance requirements
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.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
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
Share this job
View 139 more jobs at Wise