At a Glance
- Tasks: Lead and enhance Wise's global financial crime risk programme while ensuring effective oversight.
- Company: Join a forward-thinking fintech company committed to innovation and safety.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on cross-functional teamwork and regional support.
- Why this job: Make a real impact in financial crime governance and risk management.
- Qualifications: 7+ years in financial crime compliance with strong analytical and leadership skills.
The predicted salary is between 70000 - 90000 £ per year.
As the Group Financial Crime Governance and Risk Senior Manager, you will be responsible for maintaining, uplifting and enforcing Wise’s global financial crime risk program, bridging the gap between high‑level enterprise strategy and granular operational execution. Operating as a critical pillar of our Second Line of Defence (2LoD), you will provide robust oversight and constructive challenge to ensure our risk assessments function as strategic tools that drive smarter due diligence and a safer platform. You will be responsible for enabling proactive risk management through the continuous evolution of methodologies and KRIs, while overseeing the development of sophisticated MI dashboards and reporting to ensure that financial crime controls operate effectively across all global and regional teams.
Key Responsibilities
- Framework Development & Methodology
- Global Risk Framework: Develop, maintain, and evolve the Group Financial Crime Risk Framework, ensuring full integration with the Enterprise Risk Management Framework (ERMF).
- Methodology Ownership: Lead the design and implementation of core risk assessment methodologies, including: FCRA (Financial Crime Risk Assessment), Country Risk Assessment, Customer Risk Assessment, Industry Risk Assessment.
- Financial Crime Risk Assessment (FCRA)
- FCRA alignment: Provide 2LoD oversight on the global inherent risks assessed as part of the entity‑wide FCRA.
- Wise Platform Integration: Partner with the Group Wise Platform (WP) FinCrime Compliance team to ensure the FCRA captures specific inherent risks for various WP models and ensures the control mapping is accurate for each integration model.
- Risk Management
- Risk Appetite: Collaborate with the First Line of Defence (1LoD) in the continuous review and setting of financial crime risk appetite.
- Monitoring & Remediation: Monitor adherence to financial crime risk appetite and provide expert 2LoD support in defining remediation plans when breaches occur.
- Strategic Data Usage: Identify opportunities to use the output of all risk assessments to enhance Wise’s Customer Risk Assessment (CRA) and due diligence processes.
- Control Monitoring: Provide robust 2LoD oversight and challenge over the outputs of Wise’s continuous control monitoring and collaborate with 1LoD in identifying how to uplift or define new controls where existing controls are not operating effectively.
- MI & Reporting: Support the Group Wise Platform FinCrime Compliance team in implementing a dedicated Risk Management Framework, including mapping Management Information (MI) to effectively monitor risks at partner and model level.
- Issue and Incident Management
- Process: Close alignment with 1LoD and the Regulatory Risk team in defining effective issue and incident management processes giving the Group FinCrime Risk team clear oversight of all open issues and incidents and the impact of Wise’s overall risk exposure.
- Incident Oversight: Provide 2LoD oversight of incident management, inputting on the classification, management and remediation as required ensuring any follow‑up actions are also fed into the issue management process.
- Issue Oversight: Oversee financial crime‑related issues, tracking progress, issue quality and resolution time and providing reporting updated to management when needed.
- Governance, Intelligence & Reporting
- Quarterly Committees: Manage BAU requirements for quarterly committees, providing critical "check and challenge" on 1LoD reporting.
- Trend Analysis & Thematic Reviews: Analyse financial crime issues and incidents to identify common themes and emerging risks and conduct deep thematic reviews into emerging risks and trends and their impact on the organisation.
- Stakeholder Engagement & Culture
- Regional Support: Act as a central point of contact for regional teams, supporting the localized implementation of risk frameworks and assessments.
- Cross‑Functional Leadership: Foster strong relationships across the business to embed a culture of financial crime risk awareness and accountability.
Qualifications
- Experience: 7+ years in financial crime compliance and/or risk, with a specific focus on enterprise‑wide risk management.
- Knowledge: Strong knowledge of global financial crime regulations, data analysis and interpretation, with a particular focus on financial crime risk taxonomies and control frameworks. SQL and LLM knowledge and experience is beneficial.
- Leadership: Experience in leading strategic financial crime projects enabling compliant growth of a key business area. Adept at collaborating cross‑functionally to meet multi‑jurisdictional requirements.
- Skills: Excellent communication, analytical and leadership skills. Ability to influence cross‑functional teams and senior stakeholders. Solution‑oriented approach to challenging and supporting the first line. Proactively able to identify solutions to problems with limited guidance.
- Education: Bachelor’s degree in law, finance or other related areas. Additional certifications such as CAMS or ICA are beneficial.
Additional Information
- Hybrid working: 3 days on site and 2 from home
- Working hours: 9am to 6pm
Group Financial Crime Governance & Risk Senior Manager employer: Wise
Wise is an exceptional employer that prioritises a culture of collaboration and innovation, making it an ideal place for professionals in financial crime governance and risk management. With a hybrid working model that promotes work-life balance, employees benefit from continuous learning opportunities and the chance to influence global financial crime strategies. The supportive environment fosters personal growth while ensuring that team members are integral to Wise's mission of creating a safer financial platform.
StudySmarter Expert Advice🤫
We think this is how you could land Group Financial Crime Governance & Risk Senior Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their financial crime risk strategies and be ready to discuss how your experience aligns with their needs. Show them you’re not just another candidate!
✨Tip Number 3
Practice your responses to common interview questions, especially those related to risk management and compliance. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your achievements.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit for their team.
We think you need these skills to ace Group Financial Crime Governance & Risk Senior Manager
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in financial crime compliance and risk management. We want to see how your skills align with the responsibilities outlined in the job description, so don’t hold back!
Showcase Your Achievements:When detailing your past roles, focus on specific achievements that demonstrate your ability to manage financial crime risks effectively. Use metrics where possible to quantify your impact – we love numbers!
Be Clear and Concise:Keep your application straightforward and to the point. We appreciate clarity, so avoid jargon and ensure your key points stand out. This will help us quickly see why you’re a great fit for the role.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the position. Plus, it’s super easy!
How to prepare for a job interview at Wise
✨Know Your Financial Crime Frameworks
Make sure you’re well-versed in the global financial crime risk frameworks and methodologies mentioned in the job description. Brush up on your knowledge of FCRA, Country Risk Assessment, and Customer Risk Assessment. Being able to discuss these frameworks confidently will show that you understand the core responsibilities of the role.
✨Demonstrate Your Analytical Skills
Prepare to showcase your analytical abilities by discussing past experiences where you've used data analysis to drive decision-making. Be ready to explain how you’ve identified risks and implemented controls in previous roles. This will highlight your capability to manage and evolve risk assessments effectively.
✨Engage with Stakeholders
Think about examples where you’ve successfully engaged with cross-functional teams or stakeholders. The role requires strong collaboration, so be prepared to share how you’ve fostered relationships and influenced others to embed a culture of financial crime risk awareness.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills in real-world situations. Practice articulating how you would handle breaches in financial crime risk appetite or manage incidents. This will demonstrate your proactive approach and solution-oriented mindset, which are crucial for this position.
