Compliance Manager

Posted 8 Hours Ago
Be an Early Applicant
Singapore
Hybrid
Senior level
Fintech • Mobile • Payments • Software • Financial Services
Wise is one of the fastest growing Fintechs in the world and we’re on a mission to make money without borders a new norm
The Role
The Compliance Manager will enhance compliance products, maintain regulatory licenses, manage compliance frameworks, and collaborate with teams on compliance risks and reporting.
Summary Generated by Built In
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:

  • Improve the compliance product in line with our mission to be instant, convenient, transparent and eventually free.
  • Maintain our Major Payment Institution Licence in Singapore, including but not limited to: (i) regulatory liaison, (ii) regulatory reporting and filing, and be a champion of our compliance framework in audits.
  • Build trust with our regulator: manage and coordinate meaningful reporting internally and externally, respond to information requests, and proactively communicate product changes and notifiable events. 
  • Maintain and manage effective compliance frameworks, policies and governance documentation.
  • Develop systems to track and monitor our regulatory risk, compliance with regulatory requirements and internal policies.
  • Work with teams to report management information to the Board so they are aware of the key risks.
  • Educate teams about Singapore regulatory requirements, and empower teams to build risk based processes which are clearly documented. 
  • Scrutinise and test compliance programs and work with Operational teams to develop our risk based approach, provide constructive feedback and be responsible for resolutions.
  • Adapt your focus on different compliance issues depending on growth plans and compliance needs.
  • Work with global Product and Operational teams in Singapore, and Tallinn, and travel to our operational offices if needed.

This role will give you the opportunity to:

  • Develop an in-depth knowledge of Wise’s business and get to know many teams across the company as you liaise with them to help them understand regulatory frameworks and bring together the information that our regulators need.
  • Help keep compliance right at the heart of our product development by helping our regulator understand our mission, and through horizon-scanning for new regulatory developments to share with teams.

Qualifications

A bit about you:

If you have a background in Payment Services Compliance in Singapore, or other similar financial regulation, great communication and organisational skills, tons of motivation, then this role could be perfect for you!

  • Theory. You are an expert in compliance related to the Payment Services Act and may be currently working, have worked, or work directly with the Monetary Authority of Singapore (MAS).
  • Practice. You have demonstrable experience designing and challenging processes, ideally across multiple products. You have thought deeply about the Wise mission and how it intersects with compliance.
  • Passion. You get a kick out of improving current practices and processes and can apply different compliance strategies to develop multiple compliance frameworks.
  • Get the job done. You have a sense of urgency and an ability to work well under pressure, prioritising, taking responsibility and working to tight deadlines.
  • Detail. You have meticulous attention to detail.
  • Development. You’ve considered the challenges and development opportunities of working at a fast growing scale-up and are looking to get into FinTech or develop your knowledge of payments compliance. Here’s a taster of what it’s like working at Wise. 
  • Location. Singapore. Prioritisation will be given to those who have the rights to work in Singapore.

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.

Top Skills

Compliance Frameworks
Payment Services Compliance
Regulatory Frameworks
Risk Management Systems

What the Team is Saying

Lindsay
Surendra
Smrithi
Pavan
Asya
Jennifer
Lauren
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The Company
HQ: Austin, TX
6,000 Employees
Year Founded: 2011

What We Do

We’re making a positive, irreversible change in the world of finance. Together.

People on every continent around the world are choosing Wise to help them live, travel and work internationally. We’re the fairest, easiest way to send money overseas.

Built by and for people who live global lives, we make sending money abroad up to 8 times cheaper than the bank. This is money without borders - instant, convenient, transparent and eventually free.

For our customers, using Wise is as simple as sending money from A to B, but behind our app and website is a complex engine of currencies and routes, that’s being designed, built and powered by our talented teams in cities around the world.

We’re just at the beginning of our story and we’re growing at an incredible pace. We won’t stop until anyone, anywhere can send, spend and receive money wherever they are, whatever they’re doing. There’s still heaps to do and we can’t do it alone.

Why Work With Us

We are a mission-driven company, looking to change banking for the better. Current banking systems don’t let us send, spend or receive money across borders easily. Or quickly. Or cheaply. So, we’re building a new one. If you're looking for an autonomous work environment, where you'll face cool challenges, learn and grow, you'll like working at Wise

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WISE Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Here at Wise we have a hybrid working model – a mix of working from home and from the office. Wisers can also work remotely for 90 days a year. By ‘remote’ we don’t just mean from home, but from wherever in the world you choose to!

Typical time on-site: 2 days a week
HQAustin, TX
Singapore
Brussels, BE
Hungary
Kuala Lumpur, MY
London, GB
Mumbai, Maharashtra
New York, NY
São Paulo, BR
Tallinn, EE
Tokyo, JP
Learn more

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