Product Compliance & Risk Senior Manager - Brazil

Job Description

We’re looking for a Product Compliance & Risk Senior Manager to join our growing Product Compliance team in LATAM, to support the Brazil team. This is an exciting, hands-on opportunity working directly with product managers, analysts and engineers to launch and manage compliant products. 

Your mission: 

Wise has already pioneered new ways for people to transfer money across borders and currencies. Our customers can also manage their hard-earned money with the World’s first platform to offer true international multi-currency accounts. Your mission is to enable our Brazil product teams to launch new products and manage our risk profile through a deep understanding of the regulatory requirements and the Regulator’s expectations around them.

This is a first line Product Compliance & Risk role. Here’s how you’ll be contributing to the Brazil Product Compliance & Risk team:

Collaborate on Product Design: 

• Deeply understand regulatory needs and translate them into solutions for the Product

• Empower Product Teams to build risk based products, processes, and controls

• Collaborate to design practical and customer-oriented product solutions while ensuring full compliance of the product 

• Perform pre-launch and ongoing product compliance financial crime and regulatory analysis and risk assessments 

• Design scalable and customer-centric solutions to regulatory requirements

• Offer effective advice to Product Managers on existing and forthcoming Regulations, gaps, and risks

Manage and Mitigate Regulatory Risks and the Control Environment: 

• As part of the Product Compliance & Risk Team, with Brazil focus, you will identify and manage Regulatory Risks across all products offered to customers in Brazil

• Oversee the control environment for our Brazilian offering, designing effective, creative and targeted controls, and evaluating the residual risk exposure

• Collaborate with 2LOD Compliance colleagues, to ensure Wise Product Teams are constantly aware of the most recent regulations and guidance

• Work with Product Teams and the wider Risk & Compliance Team to implement and maintain Management Information that enables Wise to make informed decisions at the regional and Global levels

Audit, issue management and remediation: 

• Oversee audit responses and, where required, challenge audit findings in collaboration with Compliance second line and Product teams

• Develop and deliver effective issue management to mitigate regulatory risks

• Represent Wise in meetings with Banking Partners and Central Banks, being able to clearly and effectively articulate Wise’s products and compliance framework

This role will give you the opportunity to: 

• Grow your hands-on Fintech knowledge at full speed 

• Keep compliance right at the heart of the product development cycle, in a fast-moving environment

• Be empowered to identify ‘regulatory problems’ and opportunities and take a lead in the solution design and implementation

About you:

• Expert in regulatory and fincrime compliance having a background in Financial Regulation and a thorough knowledge of Brazilian Central Bank resolutions that apply Payments Institutions and institutions that operate in the Foreign Exchange market (e.g. Resolution 96/2021, Resolution 277/2022, Circular 3,978/2020, Resolution 1/2020 and other BCB regulations relevant to Wise product suite

• Ability to analyze and interpret complex regulatory frameworks and apply them effectively

• You have experience dealing with regulatory audits and understand the expectations of local regulators/policymakers in Brazil 

• Experience collaborating with product and engineering teams to develop KYC and/or financial crime controls

• Ability to effectively communicate regulatory requirements with Product Managers and Engineers and provide practical, actionable, and value added recommendations

• Experience (or interest) in working in a fast-growing environment and working directly with product teams

• Problem solving attitude, with the ability to use regulation together with data to drive business decisions 

• A natural owner, that drives and delivers project from inception to completion, timely and with attention to the details 

• A true team player with a collaborative spirit and the ability to work effectively with different stakeholders across global teams 

• A sense of camaraderie and good humour while under pressure or tight deadlines and

• Wisdom, a world view and talent for thinking outside the box

• Willingness to travel, as Wise offices are located across different countries, especially to the Sao Paulo office

• Fluent in both English and Portuguese

Some extra skills that would be great:

• Experience working with CVM regulations around investment management services

• Experience with Confluence, Jira, Risk and Controls software

Further information:

We’re people without borders — without judgement or prejudice, too. We want to work with the best people, no matter their background. So if you’re passionate about learning new things and keen to join our mission, you’ll fit right in.

Also, where and what you studied isn't important to us. If you’ve got great experience, the right skills for the role and you’re great at articulating your thinking, we’d like to hear from you.

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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