Company Description

Wise is a global technology company, building the best way to move and manage the world’s money.
Min fees. Max ease. Full speed.

Whether people and businesses are sending money to another country, spending abroad, or making and receiving international payments, Wise is on a mission to make their lives easier and save them money.

As part of our team, you will be helping us create an entirely new network for the world's money.
For everyone, everywhere.

More about our mission and what we offer.

Job Description

Your mission: 

Wise has already pioneered new ways for people to transfer money across borders and currencies. Your mission is to shape the Product Risk and Compliance Program, for Wise to offer its services to many more Customers in our NorthAm market. You will do this by partnering with Wise Banking and Product teams to grow our existing products, get new licenses and launch new products across the US and Canada. 

This is a first line of defence hands-on role, embedded in the Regional Product Squad. 

You will be part of a growing the Product Compliance and Risk team (first line risk), owning projects and making decisions in the following areas: 

 

Collaborate on Product Design

Offer effective advice to Product Managers on existing and forthcoming regulations, gaps, and risks

Translate and implement local regulatory requirements for Product and Engineering teams, facilitating seamless execution

Empower Product Teams to build risk based products, processes, and controls

Perform pre-launch and ongoing product compliance regulatory analysis and risk assessments

Monitor and report on the effectiveness of the Compliance and Risk Program to internal and external stakeholders (Global Committees, Regulators, Internal and External Audit, Banking Partners)

Collaborate with Compliance colleagues, to ensure Wise Product Teams are constantly aware of the most recent regulations and guidance 

Contribute to audit management and, where required, challenge audit findings in collaboration with Compliance second line and Product teams

Support Regulatory and Risk discussions with clear action plans and updates on previously identified issues and emerging risks

Define Regulatory Risk metrics to assess the health of Wise’s new licenses and products in the US and Canada

Determine when local regulatory requirements can be met through existing global controls and when unique requirements necessitate prioritization, optimizing for the utilization of existing controls where feasible

 

 

Qualifications

A Bit About You

We are looking for someone passionate about payments, fintech and risk management and with an eye on the future. You should have:

You have 7-8 years of experience spanning across multiple areas of compliance, from consumer protection to financial crime, permissible investments, and more

Familiar with compliance regulations including: Regulation E, UDAAP, E-Sign Act, and state Money Transmission License regulations, or experience with prudential regulatory areas

Previous Financial Regulation advisory role or experience in a Compliance, Risk and Controls function or in a consultancy environment

Experience collaborating with product and engineering teams to develop regulatory controls

Strong data analytics skills, with comfort using a BI tool such as Looker, and an understanding of how to interpret and monitoring KRIs

Hybrid work with in-person collaboration with our Austin and New York based teams as well as occasional international travel to work with colleagues in other offices worldwide.

Ability to effectively communicate with Product Managers and Engineers and provide practical, actionable, and value added recommendations

Experience (or interest) in working in a fast-growing environment

Willing to travel, as Wise offices are located across different countries

Legally authorized to work in the U.S

 

Nice To Haves

Experience with prudential (OCC/FRB/FDIC) supervisory expectations 

Experience with Canadian regulatory areas including: Retail Payments Activities Act, Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) requirements

CRCM, CAMS, CPA or equivalent certification desirable

 

Additional Information

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.