Global Head of Product Compliance, Wise
Know Your Customer
£108-140k
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
£108-140k
More information about location
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
- We are looking for someone passionate about payments, fintech and compliance risk management and with an eye on the future
- We are looking for someone passionate about payments, fintech and compliance risk management and with an eye on the future. You should have:
- Minimum 10 years in compliance at a financial institution
- Minimum 5 years focused on financial crime compliance. Plus if you have supported teams operationalising KYC controls
- Experience collaborating with various stakeholders such as product, operations, and other compliance teams
- A problem-solving mindset with the ability to explain control effectiveness using data
- Clear communication, project coordination, and management skills
- A sense of camaraderie and good humour while under pressure or tight deadlines
- Wisdom, a world view and talent for thinking outside the box
- Professionalism and high integrity
- Willingness to question teams and themselves on how to best serve our customers, while keeping processes robust and compliant!
What the job involves
- We are looking for an experienced Product Compliance lead to join the Wise team, who will work across our product and compliance teams to take the Company to the next level by ensuring we maintain a state-of-the-art global Know Your Customer (KYC) program
- This person will specifically focus on making sure our products and licenses are growing while balancing compliance requirements and risk
- This unique opportunity sits in our 1LOD FinCrime Product Compliance team that works side-by-side with our Product teams in order to:
- Focus on new products and features to ensure that scalable and compliant MVPs can be brought quickly to market
- Remediate issues identified with existing products and features to ensure that they remain compliant and scalable
- Be an expert at evaluating compliance requirements associated with KYC regulations
- Comfortable assessing the KYC risks of new products and/or licence launches. Upskilling yourself and the product teams on the risks and regulations
- Good understanding of other FinCrime controls (e.g AML, Fraud, Screening) and how the customer’s KYC interacts with them
- Excellent communicator that can explain compliance and risk requirements to non-compliance stakeholders both inside and outside of Wise
- Problem solving mindset with a focus on unlocking growth while balancing risk and compliance. Ability to explain our controls approach to 2LOD and manage operational compliance impact ahead of new product launches
- Proactive nature that ensures we have the right KYC controls in place to launch and grow our products. As required ability to implement risk mitigation strategies and develop approaches to scale our products
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
Share this job
View 69 more jobs at Wise