Group AML Senior Specialist

Wise is a global technology company, building the best way to move and manage the world’s money.
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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.

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As a Group AML Senior Specialist at Wise, you will help shape Wise’s Anti-Money Laundering (‘AML’) and Counter Terrorist Financing (‘CTF’) strategy and framework, including Transaction Monitoring, AML Investigations, and AML Reporting. This role sits within Wise’s Group Financial Crime Risk and Compliance Team, positioned within the 2nd Line of Defence. This role is pivotal in ensuring Wise’s compliance with global financial crime regulations, as well as ensuring Wise’s AML and CTF systems and controls are robust and effective in mitigating financial crime risk.

Key Responsibilities

Governance & Oversight

• Support in the development of Group AML & CTF policies ensuring alignment with international financial crime regulatory requirements (e.g., FATF, UK Bribery Act, US FCPA, etc).

• Oversight of results from and collaboration with Financial Crime Quality Assurance (‘QA’), Financial Crime Compliance Monitoring and Testing (‘CMT), and Internal Audit (‘IA’).

• Support the Group Financial Crime Governance & Risk Team with the development and monitoring of AML & CTF Management Information (‘MI’), resulting in the publication of trend analysis reports on a global and regional level for senior management.

• Support the Group Financial Crime Governance & Risk Team with oversight on Global AML & CTF issues and incidents, including raising self identified issues, the review and approval of action plans, due dates, and the validation of actions.

• Ad-hoc attendance at relevant AML & CTF related forums (i.e., quarterly planning sessions, Ops Steer etc).

Risk Management

• Support in the development and maintenance of Wise’s AML & CTF typology mapping to ensure Wise has a globally comprehensive view of the financial crime risks that are relevant to it and work with Product Compliance to ensure coverage thereof.

• Ongoing check/challenge/oversight of Wise’s Customer Risk Scoring Model and Transaction Monitoring systems to ensure they are designed and operating effectively 

• Support the Group Financial Crime Governance & Risk Team with:

• Advising on the development and maintenance of the:

  • Country Risk Assessment;

  • Industry Risk Assessment;

  • Customer Risk Scoring Model;

  • AML & CTF Risk Taxonomies; and

  • AML & CTF Key Risk Indications (‘KRIs) and Key Performance Indicators (‘KPIs).

Advisory and Support

You will be responsible for collaborating with a number of Group, and Regional Teams across Compliance, Product Compliance, Product, and FinCrime Operations, this includes:

• Providing AML & CTF subject matter expertise (i.e., remediation programmes, leading the response to general ad-hoc compliance escalations etc).

• Reviewing and approving new AML & CTF systems and controls, as well as material changes to existing AML & CTF systems and controls, ensuring systems and controls align with global regulatory requirements, as well as effectively mitigating financial crime risk.

• Supporting Product, and Product Compliance on large-scale AML & CTF initiatives requiring cross-functional collaboration.

• Reviewing and approving Product Risk Assessments conducted by Product Risk and Compliance, ensuring the assessment appropriately identifies and mitigates money laundering and terrorist financing risk, as well as aligning with Regional Compliance Teams. 

• Supporting Regional Financial Crime Compliance Teams in relation to any AML & CTF tasks, reviews, escalations, and breaches.

• Assisting on ad-hoc reviews assessing the adequacy and effectiveness of Wise’s AML & CTF systems and controls, identifying enhancement opportunities and providing detailed recommendations.

Knowledge and Awareness

• Support in the review and approval of AML & CTF related procedures and operational guidelines.

• Support the Knowledge Delivery Team and FinCrime Ops developing AML & CTF training needs assessments and skills assessments.

• Support the Knowledge Delivery Team with the oversight and approval of group-wide AML & CTF training material, ensuring the material is adequate, and up-to-date, as well as monitoring training completion.

• Support the Knowledge Delivery Team with the oversight and approval of role-specific AML & CTF tailored training.

• 3+ years experience in financial crime compliance, specifically in AML & CTF, with a focus on consumers and legal entities, and with a global financial organisation and/or consultancy. Relevant certifications (e.g., ACAMS, ICA) are preferred.

• In-depth knowledge of global AML & CTF (financial crime) regulations, risk management frameworks, and control environments.

• Excellent communication skills, with the proven ability to collaborate with a wide-number of people, and the capability to influence cross-function teams and senior stakeholders.

• Proven ability working independently and supporting on a range of CDD & EDD initiatives, projects, and reviews.   

• Strong analytical skills with the ability to assess financial crime risks.

• International travel might be required.

- Salary range: £49,000 to £67,000 per annum + RSU's

- Hybrid working - 3 days in the office, 2 working from home

- Working hours - 9am to 6pm

- Office location - EC2A 4JE

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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