Compliance Senior Specialist

Company Description

Since 2011, we’ve had a clear mission: money without borders. Built by and for people who live global lives, we’re the fairest, easiest way to manage your money across borders.
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.

Wise is looking for a capable and enthusiastic Compliance Senior Specialist to join our team in Tel Aviv, Israel. This role will be working alongside the second line compliance and will interact with several different stakeholders and statutory directors, providing support and second line advice and oversight to the growing Israeli operation. 

The Compliance Senior Specialist also plays a crucial role in protecting the integrity and reputation of Wise, ensuring that it operates within the legal and ethical boundaries established by regulators and other authorities.

Job Description

The responsibilities for this position include:

• Daily monitoring of new regulations published by major regulatory bodies and best market practices.

• Assertive communication of key regulatory changes and addressing them with business and support areas.

• Monitoring and supporting preparation of responses to inquiries from regulators and internal and external audits.

• Managing key Compliance content repositories (policies, local board of Directors, etc.) and ensuring their completeness.

• Supporting the Compliance team in conducting regulatory tests, identifying gaps, and proposing possible solutions and/or action plans.

• Assisting business areas by providing regulatory advice on products and procedures.

• Prevention and detection of inconsistencies that may result in regulatory gaps.

• Evaluation of new products and services from a regulatory perspective.

• Recording and monitoring of action plans for compliance with regulatory requirements and deadlines.

• Collaborating with local Wise teams in addressing global requirements, processes, and procedures.

• Assisting Wise areas and teams in the development of policies and other regulatory reports.

• Assist in building a robust compliance program aligned with the new regulatory framework and new Payment Services Law. 

• Support and monitor regulatory reporting to the FIU.

This role would be great for someone who has:

• Theory. You understand and have previous work experience with regulations issued by the Israel Securities Authority and the Capital Market Insurance and Savings Authority in Israel. You may be currently working or have worked within the area of regulatory compliance preferably in a fast paced environment.

• Practice. You can help design and challenge processes, ideally across multiple products. You have thought about Wise's mission and how it intersects with regulatory compliance.

• Passion. You get a kick out of improving current practices and processes and can apply different compliance strategies to develop regulatory compliance frameworks.

• Communication. You are a comfortable and effective communicator in both your writing and speaking (Hebrew and English are both required for this position). 

• 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 and are able to demonstrate your organisational skills daily, managing several projects at the same time and ensuring completeness to our routines and processes. 

• Team player. You have great people skills and can effectively and efficiently collaborate, build relationships with colleagues throughout the business and across the globe. 

• Travel. You must be willing to travel to our other offices as required.

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.

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