At a Glance
- Tasks: Lead financial crime compliance for innovative money transfer products and enhance customer experience.
- Company: Wise, a global tech company revolutionising money management.
- Benefits: Competitive salary, inclusive culture, and opportunities for career growth.
- Other info: Diverse and inclusive workplace with a focus on personal development.
- Why this job: Join a mission-driven team making money transfers easier and safer for everyone.
- Qualifications: 8+ years in financial crime controls with strong UK regulatory knowledge.
The predicted salary is between 75600 - 92400 £ per year.
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
This new role sits within our UK Product Compliance and Risk team which is part of the 1st line of defence. The need for this role comes from the growth of our product and offerings as well as the increasing challenges we face across financial crime in the UK. This is a unique opportunity to get hands‑on with the controls, products and features that directly impact Wise’s mission.
We are looking for a candidate with a proven track‑record in implementing effective and customer‑centric business controls across the entire customer lifecycle.
Your Mission
Wise has already pioneered new ways for people to transfer money across borders and currencies. Your mission is to enable our product team in the UK to launch new products in a safe and secure way. Solidify our presence in the market through a deep understanding of the financial crime regulatory requirements and the regulator’s expectations around them.
You, together with the UK Product team and the FinCrime Product teams, will be responsible for:
Control design:
- Help drive the launch of new products and services by implementing financial crime requirements in a customer‑oriented way whilst at the same time, adhering to regulatory requirements.
- Drive financial crime control enhancements across the Wise business product, ensuring a first class experience for customers that is both compliant and convenient.
- Ensure that controls scale with the product by developing ongoing review and monitoring processes. Support in keeping Wise and its customers compliant, introducing measures to mitigate the risk of financial crime.
- Identify and drive enhancements that could improve our customer experience, unlock growth and improve our operational processes.
- Use data to define the effectiveness of controls across the UK and work with the regional team to identify key risks.
FinCrime risk and remediation:
- Advise Product and Operational teams on how to interpret financial crime regulations in the UK or to improve processes in order to avoid regulatory breaches or incidents.
- Conduct risk assessments, using data to evaluate the level of risk we are exposed to and mitigation efforts needed.
- Work with the UK MLRO team and audit partners to explain, strengthen and defend our FinCrime controls.
Qualifications
- Significant experience working in financial crime controls in a financial institution, fintech or consultancy (8+ years).
- Strong experience in UK financial crime regulation and guidance, including Money Laundering Regulations, Proceeds of Crime Act and JMLSG.
- Sanctions controls experience (policy application and control design/oversight for screening decisioning; strongly preferred).
- Proven experience implementing and improving financial crime controls across the customer lifecycle in product‑led environments.
- Strong understanding of EMI and payments; correspondent banking knowledge is a plus.
- Able to operate as a senior independent owner: drives work from inception to completion with pace, attention to detail and sound judgement.
- Strong collaboration skills with Product, Engineering and Operations; able to influence without authority.
- Ability to interpret data and create actionable proposals; experience defining and monitoring KRIs.
- Proven ability to translate regulatory requirements into actionable business requirements and to maintain high-quality documentation for governance/audit.
- Willingness to travel occasionally to our offices in Europe and globally.
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.
#J-18808-Ljbffr
Senior Product Compliance Manager - Financial Crime in London employer: Wise group
Wise is an exceptional employer that fosters a collaborative and innovative work culture in the heart of London. With a strong emphasis on employee growth, you will have the opportunity to lead a talented team while developing your skills in a dynamic environment. The company offers competitive benefits and a commitment to work-life balance, making it a rewarding place for those looking to make a meaningful impact in the KYC verification space.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Product Compliance Manager - Financial Crime in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Wise group looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Product Compliance Manager - Financial Crime in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Wise group. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Wise group
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Wise group’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
