At a Glance
- Tasks: Lead regulatory reporting processes and ensure compliance with financial regulations.
- Company: Join Wise, a global tech company revolutionising money management.
- Benefits: Competitive salary, inclusive culture, and opportunities for career progression.
- Other info: Collaborative environment with a focus on innovation and personal growth.
- Why this job: Make a real impact on global finance while developing your skills.
- Qualifications: Experience in regulatory reporting and strong analytical skills required.
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. 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. We are seeking a highly skilled and detail-oriented Prudential Regulatory Reporting Manager to take end-to-end ownership of our prudential regulatory reporting processes. In this critical role, you will be the primary driver behind our capital and liquidity returns, ensuring accuracy, compliance, and process efficiency.
Partnering with external vendors and internal Data Analytics team, you will lead data integration and system enhancement initiatives, translating complex regulatory requirements into practical, robust, and automated reporting solutions. Assume full ownership of the regulatory reporting lifecycle, with a heavy focus on prudential reporting, including capital adequacy and liquidity returns. Rigorously review and challenge the output of all prudential regulatory reports. Provide high-quality, insightful commentaries on variances, trends, capital, and liquidity positions for senior management. Monitor new prudential regulatory changes. Successfully translate these updates into practical, actionable data and system changes within our reporting framework. Collaborate effectively across Risk, Compliance, Finance, and IT to ensure data sources are perfectly aligned with regulatory requirements. Partner closely with external software providers and Data Engineering and Analytics teams to drive strategic development and enhancements to our reporting platforms and tools. Oversee and execute detailed data mapping exercises. Guide Extract, Transform, and Load (ETL) processes to ensure data flowing into the reporting systems is accurate, scalable, and fit for purpose. Act as the subject matter expert on reporting infrastructure projects. Develop and maintain rigorous documentation covering data dictionaries, system workflows, and operational procedures. Design and implement robust control environments to mitigate reporting risks.
Proven experience in a prudential regulatory reporting role within an FCA-regulated MIFIDPRU investment firm or a PRA-regulated Banking institution. Proven track record in reporting system development and enhancements, with strong knowledge of data mapping, ETL processes, and UAT methodologies. Strong ability to project manage infrastructure upgrades or vendor implementations, ensuring milestones, documentation, and testing requirements are met. Excellent analytical and problem-solving skills, with the ability to interrogate large datasets, challenge outputs, and distill complex financial data into actionable management commentaries. Strong written and verbal communication skills, able to explain complex regulatory nuances to non-technical stakeholders and external vendors. A recognized professional accounting or finance qualification (e.g., ACA, ACCA, CIMA, CFA) is highly desirable. SQL/Python or other programming language experience would be a bonus.
We're people building money without borders — without judgement or prejudice, too. 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.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance and Regulatory Reporting Manager 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 looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance and Regulatory Reporting Manager 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. 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
✨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’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
