At a Glance
- Tasks: Lead financial crime risk management and develop innovative frameworks for a global tech company.
- Company: Join Wise, a pioneering tech firm transforming how the world manages money.
- Benefits: Enjoy hybrid working, competitive salary, and a culture of inclusivity and growth.
- Other info: Be part of a dynamic team that values diversity and empowers every member.
- Why this job: Make a real impact in financial crime governance while working with diverse teams.
- Qualifications: 7+ years in financial crime compliance and strong analytical skills required.
The predicted salary is between 70000 - 90000 £ 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.
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
- FCRA alignment: Provide 2LoD oversight on the global inherent risks assessed as part of the entity-wide FCRA. This should include the likelihood and impact assessment at Group level which is cascaded to regions and the controls mapping, ensuring consistency and alignment across all entities.
- 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 ensure the control mapping is accurate for each integration model.
- 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.
- 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.
- 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-dive thematic reviews into emerging risks and trends and their impact on the organisation. This includes reporting on the review outcome and an analysis on Wise’s current control framework to mitigate those emerging risks.
- 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.
- 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.
Hybrid working: 3 days on site and 2 from home. Working hours: 9am to 6pm.
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.
StudySmarter Expert Advice🤫
We think this is how you could land Group Financial Crime Governance & Risk Senior Manager (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 Group Financial Crime Governance & Risk Senior Manager (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!
