This new role sits within our UK Product Compliance and Risk team which is part of the 1st line of defence. The need for this role comes from the growth of our product and offerings as well as the increasing challenges we face across financial crime in the UK. This is a unique opportunity to get hands-on with the controls, products and features that directly impact Wise’s mission.  

We are looking for a candidate with a proven track-record in implementing effective and customer-centric business controls across the entire customer lifecycle. 

 

Your Mission

Wise has already pioneered new ways for people to transfer money across borders and currencies. Your mission is to enable our product team in the UK to launch new products in a safe and secure way. Solidify our presence in the market through a deep understanding of the financial crime regulatory requirements and the regulator’s expectations around them.

 

You, together with the UK Product team and the FinCrime Product teams, will be responsible for:

 

Control design:

• Help drive the launch of new products and services by implementing financial crime requirements in a customer-oriented way whilst at the same time, adhering to regulatory requirements.

• Drive financial crime control enhancements across the Wise business product, ensuring a first class experience for customers that is both compliant and convenient. 

• Ensure that controls scale with the product by developing ongoing review and monitoring processes. Support in keeping Wise and its customers compliant, introducing measures to mitigate the risk of financial crime.

• Identify and drive enhancements that could improve our customer experience, unlock growth and improve our operational processes.

• Use data to define the effectiveness of controls across the UK and work with the regional team to identify key risks. 

 

FinCrime risk and remediation:

• Advise Product and Operational teams on how to interpret financial crime regulations in the UK or to improve processes in order to avoid regulatory breaches or incidents.

• Conduct risk assessments, using data to evaluate the level of risk we are exposed to and mitigation efforts needed.

• Work with the UK MLRO team and audit partners to explain, strengthen and defend our FinCrime controls.

 

Qualifications

• Significant experience working in financial crime controls in a financial institution, fintech or consultancy (8+ years).

• Strong experience in UK financial crime regulation and guidance, including Money Laundering Regulations, Proceeds of Crime Act and JMLSG.

• Sanctions controls experience (policy application and control design/oversight for screening decisioning; strongly preferred).

• Proven experience implementing and improving financial crime controls across the customer lifecycle in product-led environments.

• Strong understanding of EMI and payments; correspondent banking knowledge is a plus.

• Able to operate as a senior independent owner: drives work from inception to completion with pace, attention to detail and sound judgement.

• Strong collaboration skills with Product, Engineering and Operations; able to influence without authority.

• Ability to interpret data and create actionable proposals; experience defining and monitoring KRIs.

• Proven ability to translate regulatory requirements into actionable business requirements and to maintain high-quality documentation for governance/audit.

• Willingness to travel occasionally to our offices in Europe and globally.

 

For everyone, everywhere. We're people building money without borders  — without judgement or prejudice, too. We believe teams are strongest when they are diverse, equitable and inclusive.

We're proud to have a truly international team, and we celebrate our differences.
Inclusive teams help us live our values and make sure every Wiser feels respected, empowered to contribute towards our mission and able to progress in their careers.

If you want to find out more about what it's like to work at Wise visit Wise.Jobs.

Keep up to date with life at Wise by following us on LinkedIn and Instagram.