Product Risk and Compliance- Expansion Senior Manager

Posted 3 Days Ago
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Austin, TX
Hybrid
Mid level
Fintech • Mobile • Payments • Software • Financial Services
Wise is one of the fastest growing Fintechs in the world and we’re on a mission to make money without borders a new norm
The Role
Shape and manage the Product Risk and Compliance Program at Wise, collaborating with various teams to ensure adherence to regulations while launching products in North America.
Summary Generated by Built In
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 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.

More about our mission and what we offer.

Job Description

Your mission: 

Wise has already pioneered new ways for people to transfer money across borders and currencies. Your mission is to shape the Product Risk and Compliance Program, for Wise to offer its services to many more Customers in our NorthAm market. You will do this by partnering with Wise Banking and Product teams to grow our existing products, get new licenses and launch new products across the US and Canada. 

This is a first line of defence hands-on role, embedded in the Regional Product Squad. 

You will be part of a growing the Product Compliance and Risk team (first line risk), owning projects and making decisions in the following areas: 

 

Collaborate on Product Design

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

  • Translate and implement local regulatory requirements for Product and Engineering teams, facilitating seamless execution

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

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

  • Monitor and report on the effectiveness of the Compliance and Risk Program to internal and external stakeholders (Global Committees, Regulators, Internal and External Audit, Banking Partners)

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

  • Contribute to audit management and, where required, challenge audit findings in collaboration with Compliance second line and Product teams

  • Support Regulatory and Risk discussions with clear action plans and updates on previously identified issues and emerging risks

  • Define Regulatory Risk metrics to assess the health of Wise’s new licenses and products in the US and Canada

  • Determine when local regulatory requirements can be met through existing global controls and when unique requirements necessitate prioritization, optimizing for the utilization of existing controls where feasible

 

 

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.

Keep up to date with life at Wise by following us on LinkedIn and Instagram.

Top Skills

Product Compliance
Regulatory Analysis
Risk Management

What the Team is Saying

Lindsay
Surendra
Smrithi
Pavan
Asya
Jennifer
Lauren
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The Company
HQ: Austin, TX
6,000 Employees
Year Founded: 2011

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!

Typical time on-site: 2 days a week
HQAustin, TX
Singapore
Brussels, BE
Hungary
Kuala Lumpur, MY
London, GB
Mumbai, Maharashtra
New York, NY
São Paulo, BR
Tallinn, EE
Tokyo, JP
Learn more

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