At a Glance
- Tasks: Manage operational risk frameworks and support teams in identifying and mitigating risks.
- Company: Join Wise, a global tech company revolutionising money management.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on innovation and collaboration.
- Why this job: Be part of a mission to simplify global money movement while enhancing operational resilience.
- Qualifications: Experience in Fintech or Banking with strong analytical and problem-solving skills.
The predicted salary is between 60000 - 80000 € per year.
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.
We’re looking for an Operational Risk Manager to support and contribute to the build, implementation and day‑to‑day management of our operational risk framework including disciplines such as risk incident management, risk and control assessments and scenarios, key risk indicators and monitoring activities. You will be a strategic partner to our first line (operations, product and engineering teams), ensuring we grow in control while maintaining our agile culture.
You’ll contribute to the mission by:
- Supporting Wisers in rolling out and embedding core elements of the risk management framework
- Data‑Driven Oversight: Supporting Wisers in embedding core risk management across myriad operational risks facing Wise including operational resilience, third‑party risk, people risk, and more
- Metrics and KRIs: Partnering with our Analytics team to design innovative risk indicators (KRIs) and metrics that proactively identify operational control failures
- Regulatory awareness and operationalisation: Interpreting relevant global regulatory landscapes to ensure our internal controls are designed to address these
What you’ll be doing:
- Support in rolling out a best‑in‑class operational risk framework, including embedding of the risk and control assessment process, risk incident and issues management
- Partnering with ‘first line’ teams to provide risk support in the assessment of operational risks, including in the development of new products and features by embedding good risk practices and finding solutions to problems, identifying risks and recommending controls
- Playing a lead role in managing risk incidents, ensuring we move from "event" to "control improvement" in a seamless feedback loop
- Supporting the development and implementation of risk policies, procedures, key risk indicators, and risk appetite statements
- Conducting in-depth reviews and presenting data‑led insights to the Operational Risk Committee, focusing on predictive trends rather than just lagging indicators
- Promoting and helping embed a strong risk culture, making risk meaningful and relevant to everyone at Wise
What you’ll bring:
- Sector expertise: Proven experience in Fintech or Banking with a deep understanding of payment services, operational controls, and global Operational Resilience standards
- Domain expertise: You specialise in one or more subdomains of operational/non‑financial risk but you are adaptable in managing operational risk both broadly across multiple risk domains
- Risk fundamentals and innovation: Experience supporting risk assessments and/or operational risk event capture and analysis and finding new and innovative ways to do things
- Data Fluency: You are highly confident in data‑driven problem solving and can draw actionable insights from complex datasets
- Technical Curiosity: While you don’t need to be a coder, and technology risk is a separate team, an adeptness at understanding technology and security risks is essential in our tech‑led environment
- Regulatory Acumen: Strong familiarity with the global regulatory drivers (FCA, PRA, etc.) that shape operational risk frameworks
- Creative Problem Solving: The ability to think beyond established procedures to find innovative ways to manage risk without adding friction
- Influence: You are a credible stakeholder who can provide both support and robust challenge to senior leaders
Operational Risk Manager employer: Wise Australia Investments
Wise is an exceptional employer, offering a dynamic work culture that prioritises innovation and agility while ensuring robust operational risk management. Employees benefit from a collaborative environment where they can grow their expertise in fintech and banking, supported by comprehensive training and development opportunities. With a commitment to making financial transactions easier for everyone, Wise fosters a sense of purpose and belonging, making it an ideal place for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Operational Risk Manager
✨Tip Number 1
Network like a pro! Get out there and connect with folks in the fintech and banking sectors. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. The more people you know, the better your chances of landing that Operational Risk Manager role.
✨Tip Number 2
Show off your skills! When you get the chance to chat with potential employers, make sure to highlight your experience with operational controls and risk management frameworks. Use real-life examples to demonstrate how you've tackled challenges in the past – it’ll make you stand out!
✨Tip Number 3
Be proactive! If you see a job opening that fits your skills, don’t wait for the perfect moment. Apply through our website and follow up with a friendly email expressing your enthusiasm. It shows initiative and can really set you apart from other candidates.
✨Tip Number 4
Stay updated on regulations! Make sure you’re clued up on the latest global regulatory changes affecting operational risk. This knowledge will not only help you in interviews but also show that you’re serious about the role and ready to contribute from day one.
We think you need these skills to ace Operational Risk Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the Operational Risk Manager role. Highlight your experience in fintech or banking, and showcase your understanding of operational controls and risk management frameworks. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about operational risk and how your skills align with our mission at Wise. Be genuine and let your personality come through – we love seeing the real you!
Showcase Data Fluency:Since data-driven insights are key for this role, make sure to include examples of how you've used data to solve problems in the past. We’re looking for someone who can turn complex datasets into actionable insights, so don’t hold back!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team at Wise!
How to prepare for a job interview at Wise Australia Investments
✨Know Your Risk Frameworks
Make sure you’re well-versed in operational risk frameworks, especially those relevant to fintech and banking. Brush up on how risk incident management and key risk indicators work, as you'll likely be asked to discuss these in detail.
✨Showcase Data Fluency
Prepare to demonstrate your ability to analyse complex datasets. Think of examples where you've drawn actionable insights from data, particularly in relation to operational risks. This will show that you can contribute to Wise's data-driven oversight.
✨Understand Regulatory Landscapes
Familiarise yourself with the global regulatory drivers like FCA and PRA. Be ready to discuss how these regulations impact operational risk management and how you’ve navigated similar challenges in past roles.
✨Emphasise Creative Problem Solving
Think of instances where you’ve innovatively managed risks without adding unnecessary friction. Be prepared to share these stories, as they’ll highlight your ability to adapt and find solutions in a fast-paced environment like Wise.