Regulatory Compliance Manager, Wise Platform

Company Description

The new role sits within our Wise Platform Product Risk and Compliance team, which is part of the 1st Line of Defense (1LOD). This strategic addition comes in response to the rapid growth of our product offerings and the increasing regulatory pressure and expectation we face. We’re looking for a Product Compliance Manager to join this growing team. This role is hands-on, a unique opportunity to have an impact on Wise’s mission, grow as a product and compliance manager, and help save millions more people money.

Job Description

The new role sits within our Wise Platform Product Risk and Compliance team, which is part of the 1st Line of Defense (1LOD). This strategic addition comes in response to the rapid growth of our product offerings and the increasing regulatory pressure and expectation we face. We’re looking for a Product Compliance Manager to join this growing team. This role is hands-on, a unique opportunity to have an impact on Wise’s mission, grow as a product and compliance manager, and help save millions more people money.

Qualifications

Your Mission: 

Wise has already pioneered new ways for people to transfer money across borders and currencies. Your mission is to enable our Wise Platform team to launch new products and partnerships globally, through a deep understanding of the regulatory requirements and regulators’ expectations around them. 

This is a first line Product Compliance role, embedded in the Wise Platform team. Your scope will include:

Product design: 

• empower Product Teams to build compliant by design new products and services by advising them on how to implement regulatory requirements in a customer-oriented way while fully adhering to regulatory requirements;

• ensure that regulatory analysis of new products and services are performed and well-documented, and that related controls are implemented consistently prior to launch. 

Regulatory risk and remediation:

• collaborate with Regional 1st and 2nd line Compliance teams and Product teams, to ensure remediation plans are agreed upon across lines and executed timely; 

• advise Product and operational teams on how to interpret regulatory requirements or improve processes to avoid regulatory breaches and/or incidents. 

Third Parties Relationships: 

• represent Wise in external meetings with banking partners and regulators, being able to clearly and effectively articulate Wise Platform’s offering; 

• provide input on regulatory related agreements and clauses, always representing Wise customer-oriented culture while ensuring compliance. 

This role will give you the opportunity to: 

• grow your hands-on Fintech knowledge at full speed; 

• keep compliance right at the heart of the product development cycle, in a fast-moving environment;

• be empowered to identify regulatory issues and take a lead in their remediation.

Additional Information

Qualifications

Min 5 years of relevant experience working in a financial institution, fintech or consulting firm.

Ability to prioritise effectively and call out what are the key areas of improvement and implementation required from a regulatory point of view; translate regulatory requirements into actionable business requirements.

Ability to effectively communicate with Product Managers and Engineers and translate regulatory requirements into practical, actionable business requirements.

Ability to present and defend approaches when challenged.

Can drive and deliver projects from inception to completion, timely and with attention to the details.

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.

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