Compliance Assurance Manager, Wise
Financial Crime, UK
More information about location
1-5 days a week in office
Money without borders
Be an early applicant
Money without borders
1001+ employees
Be an early applicant
More information about location
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
- Experience: Demonstrable experience (>5 years) conducting and leading assurance reviews & issue validation work within Compliance, Financial Crime, Risk, or Audit functions; experience in a payments or fintech environment preferred
- Knowledge: Good knowledge of Financial Crime regulations, testing methodologies, and risk assessment frameworks, particularly in relation to UK rules and global compliance requirements
- Team & Quality management: Experience managing a small team on a day-to-day basis, prioritising work to meet deadlines, and coaching more junior team members to help them develop and ensure they deliver high-quality work
- Skills: Excellent analytical, organisational, and communication skills, with the ability to translate complex regulatory requirements into effective monitoring and testing activities and to engage with senior stakeholders in an effective manner
- Travel: Based in London, you’re open to occasional travel to other locations abroad (roughly once a quarter) to keep our global CMT efforts aligned
- Education: Bachelor’s degree in law, finance, or related fields. Relevant certifications (e.g., ACAMS, ICA) are preferred
What the job involves
- We’re looking for a driven, high-energy individual who will be joining our new Group & UK FinCrime Compliance Monitoring & Testing (CMT) team as a Manager
- In this role, you’ll work closely with colleagues from a wide variety of teams including Product, Operations and Compliance to lead and execute both global and UK-focused FinCrime monitoring & testing / assurance reviews that protect Wise and our customers from financial crime
- You will ensure that more junior team members adequately follow our monitoring and testing methodologies and industry best practices, coaching them along the way to deliver best-in-class work
- Your work will help ensure our FinCrime controls remain robust, scalable, and aligned with both global and local regulatory requirements
- By collaborating with cross-functional teams and regional stakeholders, you will play an integral part in protecting Wise’s customers, reputation, and business operations
- Control testing & issue validation: Supervise the control reviews end-to-end from Scoping to Reporting as well as our issue validation work, ensuring the team appropriately follows our methodologies & best practices and every deliverable meets top-quality standards. You will also ensure reviews are delivered in a timely manner
- Monitoring: Lead the execution of monitoring activities over key FinCrime risks, looking for compliance gaps and actionable insights, and prepare monitoring reports that will be shared with management
- Coaching & Development: Provide guidance to junior CMT team members on an on-going basis, upskilling them and helping them understand methodologies, test scripts, and best practices
- Stakeholder management: Work closely with senior stakeholders from all three Lines of Defense (Operations, Product, Compliance, Internal Audit) to ensure the effective and impactful delivery of our CMT reviews
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. 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.
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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