Due Diligence Agent

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 life 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

A Due Diligence Agent is responsible for performing timely business due diligence to complete the KYC process. The Agent will be engaged in research and analysis. They will use information supplied by external business customers, information already within the organization, external vendor tools and their overall experience to effect due diligence controls on customers and counterparties of various characteristics.

Duties and responsibilities:

• Performs Due Diligence on existing, new and/or potential customers based on risk mitigation controls and certain trigger events.
• Exercise discretion in setting priorities, identifying customer records that require further review and taking action to obtain and follow-up on the information and/or documentation requested.
• Ensure that information and documentation provided by customers, from external data sources and from your own reviews (e.g. websites and company registries) meet our requirements for verification
• Perform searches utilizing Internet sources and/or third-party vendors to obtain information on prospects and new/existing customers.
• Communicate with customers when required to handle escalated or complicated cases with strong customer empathy as well as clear communication of decisions and policies. 
• Provides guidance and responses to daily inquiries from peers, front-line and management regarding due diligence matters and case analysis, when appropriate.
• Maintain basic understanding of AML/CFT Regulations and how these impact the business, as well as Wise products and Services.
• When warranted, be capable of drafting SAR narratives to report activity deemed unusual.
• Assess Risk level of referred profiles that may or may not meet the Risk criteria expected from escalations.
• Have a deep understanding of different business models, customer types, country risks and regulatory requirements across multiple geographies.
• Support Wise in internal and external audits and regulatory due diligence process related queries reviews.

Qualifications

• Verification, Enhanced Due Diligence, or Compliance experience
• Work autonomously within a limited variety of well-defined procedures and practices (not necessarily standardized).
• Handles more complex activities with moderate variation. Deals with less straightforward questions, coordinate with as many sources of information necessary within and outside the business to support solutions.
• Capable of identifying gaps in policies and processes and providing detailed feedback, including examples when possible, through the established communication channels.
• Excellent interpersonal and communication skills, Strong organizational skills, attention to detail, analytical abilities, and ability to adhere to strict deadlines in a fast paced and high pressure environment.
• Punctual, independent, proactive and willing to get things done;
• Ability to work in a diverse work environment which requires collaboration, partnership and transparency.

Expectations by the end of probation time:

• Independent with daily tasks. 
• Meet efficiency, quality and occupancy expectations set for all team members.
• Knowledgeable about markets served within the team and operational processes.
• Is able to detect problems, problematic areas and solve or escalate them as needed.
• Thorough understanding of applicable regulations, and Wise compliance framework (e.g. acceptable use policy, regional CDD, EDD guidelines and AML policy and Wise risk policies).
• Able to evaluate and reason customer risk level and applicable mitigation methods on onboarding a customer. 
• Propose, align and document daily processes for use cases.

Additional Information

• This is a hybrid position located in Austin, Texas and not fully remote. You must be able to commute to the office or open to relocation
• You must already be legally authorized to work in the US, we cannot sponsor Visas for this position
• The salary for this role is $26.00/hour

Key benefits:

• 🚀 RSU’s in a rapidly growing company
• 💪 An annual self-development budget
• 🩺 Medical, dental, & vision insurance – including HSA and FSA options
• 💝 Company-paid: Life Insurance, Short & Long-Term Disability, and an EAP program
• ☀️ 25 days PTO, 15 sick days, 11 bank holidays, 5 compassionate leave days, 3 paid “Me” days and a paid volunteer day, annually
• 🏝️ A paid 6-week sabbatical leave after four years
• 👶🏼 18-weeks of paid parental leave, after a year with us
• 💰 401k with up to a 4% employer match
• 🏆 BuiltIn Award winner for Best Places to Work and Best Large Places to Work
• Click here to learn more about the benefits that we offer at Wise

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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.