Product Lead - Risk & Controls

Product Lead - Risk & Controls

Full-Time 70000 - 90000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead product development to prevent financial crime and enhance customer experience.
  • Company: Wise, a global leader in money transfer with a mission for borderless finance.
  • Benefits: Impactful role, diverse team, and opportunities for innovation and growth.
  • Other info: Join a diverse team committed to innovation and excellence.
  • Why this job: Make a real difference in financial security while working with cutting-edge technology.
  • Qualifications: Experience in regulated industries and strong analytical skills.

The predicted salary is between 70000 - 90000 £ per year.

Company Description: At Wise we’re building money without borders, for people without borders. Our mission is to make moving money around the world instant, transparent, convenient and eventually free. Wise now has millions of customers all over the world who trust us to manage their money and make it easier to live an international life.

Your Mission: In this pivotal role, you'll be working as part of the Europe and UK regional team. As a licensed institution serving millions of customers in Europe and the UK, preventing financial crime and misuse of Wise is of pivotal importance. This role will focus on our regulatory obligations and improving our current controls. As the Product Lead for the financial crime prevention domain, you will also be responsible for measuring and improving the effectiveness and efficiency of the controls. You will also be responsible for our Key Risk Indicators for Europe and the UK – ensuring that they stay within our risk appetite. While enhancing new controls or developing new ones, you will also ensure that these controls are scalable and mitigate customer friction by working closely with the onboarding experience team. You will also work closely with our global due diligence and financial crime prevention teams, leveraging improvements being implemented at a global level to enhance Europe and the UK’s control framework.

Your Role:

  • Own compliance with our regulatory obligations in Europe and UK to prevent financial crime by ensuring we have the right controls.
  • Own the effectiveness of the entire control framework used by Wise in Europe and the UK to prevent financial crime.
  • Identify key opportunities for enhancements, based on audits, internal reviews and market trends to further strengthen Wise’s control framework.
  • Own the Key Risk Indicators (KRIs) for the region and proactively solve for KRIs that are on a negative trend or out of risk appetite.
  • Find opportunities for improving customer experience and operational scalability of our controls (for example, through leveraging AI).
  • Work closely with other teams within the Europe and UK squad and with global teams – ensuring we have the right controls in place for new products and features.
  • Own the customisation of global controls to ensure they adequately address specific regional risks in Europe and the UK.

This Role Will Give You the Opportunity to:

  • Have a significant impact on the safety and security of Wise and its customers.
  • Work with a talented, diverse team to develop and implement innovative ways to prevent financial crime.
  • Make data-driven decisions that significantly improve our service and product offerings for businesses and consumers.
  • Influence and motivate a cross-functional team, fostering a culture of innovation, responsiveness, and excellence.

Skills That Might Describe You:

  • Proven experience in complex product development in heavily regulated industries.
  • Strong analytical ability to understand complex financial crime vectors and effectiveness of mitigating controls.
  • Skilled in cross-functional collaboration, influencing roadmap of other teams working on similar problem spaces.
  • Ability to zoom out and think about the broader problem and the impact of multiple variables that influence the solution.
  • Excellent communication skills, proficient in English, capable of working effectively in a diverse, multinational environment.

We at Wise are committed to building a diverse and inclusive team. We value applicants from all backgrounds who are passionate about global business and innovation. Your professional experience and skills are what matter most to us.

Product Lead - Risk & Controls employer: Wise Australia Investments

At Wise, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our commitment to employee growth is evident through our diverse team and the opportunity to make a significant impact in the financial crime prevention domain, all while working in a vibrant international environment. With a focus on transparency and convenience, we empower our employees to drive meaningful change and enhance customer experiences across Europe and the UK.
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Contact Detail:

Wise Australia Investments Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Product Lead - Risk & Controls

✨Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. The more you engage with others, the better your chances of hearing about opportunities that might not be advertised.

✨Show Off Your Skills

When you get the chance to chat with potential employers, don’t hold back! Share specific examples of how you've tackled challenges in the past, especially those related to financial crime prevention. This will help them see you as the perfect fit for the Product Lead role.

✨Tailor Your Approach

Make sure to research Wise and understand their mission. When you’re networking or interviewing, align your experiences and skills with what they value. Show them you’re not just another candidate, but someone who truly gets their vision.

✨Apply Through Our Website

Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the Wise team.

We think you need these skills to ace Product Lead - Risk & Controls

Regulatory Compliance
Financial Crime Prevention
Control Framework Management
Key Risk Indicators (KRIs)
Data-Driven Decision Making
Cross-Functional Collaboration
Analytical Skills
Product Development in Regulated Industries
Customer Experience Improvement
Operational Scalability
Communication Skills
Problem-Solving Skills
Influencing Skills
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV speaks directly to the role of Product Lead - Risk & Controls. Highlight your experience in compliance and financial crime prevention, and don’t forget to mention any relevant achievements that showcase your analytical skills.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you’re passionate about preventing financial crime and how your background makes you the perfect fit for Wise. Keep it concise but impactful!

Showcase Your Collaboration Skills: Since this role involves working closely with various teams, make sure to highlight your cross-functional collaboration experience. Share examples of how you've influenced others and driven projects forward in a team setting.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!

How to prepare for a job interview at Wise Australia Investments

✨Know Your Stuff

Before the interview, dive deep into Wise's mission and values. Understand their approach to financial crime prevention and how it aligns with your experience. Be ready to discuss specific examples from your past that demonstrate your ability to manage compliance and enhance controls.

✨Showcase Your Analytical Skills

Prepare to talk about your analytical abilities and how you've tackled complex problems in regulated environments. Bring examples of how you've used data to drive decisions or improve processes, especially in relation to risk indicators and control frameworks.

✨Collaboration is Key

Wise values cross-functional teamwork, so be ready to share experiences where you’ve successfully collaborated with diverse teams. Highlight how you influenced others and drove projects forward, particularly in areas related to financial crime prevention and customer experience.

✨Ask Insightful Questions

At the end of the interview, don’t shy away from asking questions that show your interest in Wise’s future. Inquire about their strategies for enhancing controls or how they plan to leverage AI in their operations. This not only shows your enthusiasm but also your strategic thinking.

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