Regulatory Product Compliance & Risk (Senior) Manager - AU/NZ

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.

Salary range:

• Manager: 127,000 - 150,000 AUD per annum + RSUs + Super
• Senior Manager: 166,000 - 190,000 AUD per annum + RSUs + Super

Please note that the final level/offer is dependent on your interview performance throughout the process.

Your mission: 

Wise has already pioneered new ways for people to transfer money across borders and currencies. Your mission is to enable our APAC Product team to launch new products in AU/NZ through a deep understanding of the regulatory requirements and regulators’ expectations around them.

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

You, together with the team in AU/NZ, will be responsible for:  

Creating and improving our products in a compliant and scalable way: 

• By deeply understanding both the Wise product and local regulatory expectations in AU/NZ, support Product and other teams on interpreting regulatory requirements, and improving processes, controls and our product accordingly;

• Perform regulatory analysis of new products and services, and ensure that related controls are implemented consistently prior to launch; and

• Enable product teams to adopt a risk-based approach in developing products, processes, and controls.

Regulatory risk management:  

• Stay ahead of regulatory compliance trends and the regulatory agenda in AU/NZ; and

• Identify and align with risk owners and second line of defence on the main regulatory issues and risks in AU/NZ. Present this in a very clear and understandable way to wider teams, and work collaboratively to define and execute mitigation plans.

Regulatory change programs:  

• Conduct regulatory change gap analysis and ensure that implementation plans are executed in a timely manner;

• Work with global teams to maximise synergies with other regulatory implementations and drive consistency and scalability by leveraging programs of work already executed or in flight across the Wise Group; and

• Empower Product Teams to build compliant-by-design products and services by advising them on regulatory implementation in a customer-oriented manner while fully adhering to regulatory requirements.

Audit and remediation:  

• Manage audits, and (where required) challenge audit findings in collaboration with Product and second line of defence Risk and Compliance teams; and

• Develop remediation plans, and ensure they are agreed upon across lines of defence and executed promptly.

This role will give you the opportunity to: 

• Grow your hands-on Fintech knowledge at full speed; 

• Build state-of-the-art products that are compliant for our customers and regulators; and

• Work together with all our amazing teams both locally and globally.

Must have:

• Expert in regulatory compliance, with a strong background in and knowledge of financial regulation in AU/NZ (including contemporary knowledge of regulatory expectations);

• Strong communicator, with the ability to effectively interact with different audiences (from Product & Engineering teams to external auditors and regulators such as APRA, ASIC, AUSTRAC);

• Problem solving attitude, with the ability analyse and interpret complex regulatory frameworks and apply them effectively with data to drive practical, actionable and value-adding business decisions; 

• A team player with a collaborative spirit and the ability to work effectively with different stakeholders such as Product, Risk and Compliance;

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

• Legally authorised to work in Australia, based in Sydney. 

Nice to have but not essential: 

• Ability to prioritise effectively; 

• Previous experience in working in FinTech or a similar fast-paced environment;

• Experience interacting with regulators (such as APRA, ASIC, AUSTRAC) and external auditors;

• Experience implementing and/or operationalising operational resilience programs; and

• Willingness to travel, as Wise offices are located across different countries.

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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