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.
Job Description
YOU’LL CONTRIBUTE TO THE MISSION BY
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Enhancing our FX hedging strategies underpinned by customer behaviour models across a multi-region portfolio of products and currencies, including many exotics
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Optimising the risk / return profile of Wise and client safeguarded assets across multiple markets within the constraints of group and local regulatory environments, the internal risk appetite and available capital
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Combining your risk management expertise and commercial awareness to find the best answer for the customer and have tangible impact on:
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Product pricing
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Optimising the scalability of market risk capital
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Setting up risk appetite metrics and limits.
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WHAT YOU’LL BE DOING
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Leading the 2LOD market risk oversight of our Treasury Markets desk, promoting risk discussion on the trading floor, and building best practice within the team
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Maintain and share a strong knowledge of client flows, own hedging strategies, safeguarding requirements, and keep abreast of developments in the FX and IR markets and the potential impact on risk and portfolios
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Partnering with Product and Treasury teams to design controls in tandem with customer propositions
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Developing a 2LOD reporting & analytics suite enabling real time understanding of our risk posture - with delivery supported by Risk Analytics
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Improving methodologies and stress testing - with delivery supported by Data Scientists
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Improving Group and Region specific Market Risk Policies - with delivery supported by a Risk Policy specialist
Qualifications
WHAT YOU’LL BRING
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Excellent knowledge of Risk management methods and techniques, including at a minimum VaR/sVAR, and EVT/ES (PFE, option pricing, behavioural models: desirable)
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A good understanding of FX market fundamentals and traded instruments such as IR
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Experience with regulatory requirements such as Basel 2.5 & Basel 3.1
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Strong Interpersonal skills that enable you to effectively form trusted relationships with business unit management teams but at the same time retain an ability to challenge with empathy and understanding.Excellent attention to detail and problem-solving skills
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Confident, resilient, with a presence and a determination to succeed in a dynamic and demanding business environment
NICE TO HAVE BUT NOT ESSENTIAL
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Practical experience with Power BI / Python / SQL
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An understanding of IFRS9 and economic vs capital impact of accounting choices for fixed income products
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An understanding of crisis management and business continuity plans to ensure organisational resilience
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Degree in Maths, Physics, Statistics, or a related field
Additional Information
#LI-CH1
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
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!