At a Glance
- Tasks: Drive compliance and risk management for innovative fintech products in the MEA region.
- Company: Join Wise, a global leader in money management and transfer technology.
- Benefits: Competitive salary, diverse team culture, and opportunities for professional growth.
- Why this job: Be at the forefront of fintech innovation while ensuring regulatory compliance.
- Qualifications: 6+ years in regulatory compliance, especially in fintech; strong analytical skills required.
- Other info: Dynamic work environment with a focus on diversity and inclusion.
The predicted salary is between 36000 - 60000 ÂŁ 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.
We are looking for a candidate ready to leverage their MEA regulatory and financial crime experience in a dynamic, fintech environment. This is an exciting, handsâon opportunity working directly with product managers, analysts and engineers to launch and manage compliant products.
Your mission is to enable our MEA Product team to launch new products, grow our presence and manage compliance risks in the region through a deep understanding of regulatory requirements and regulator expectations around them. Your main focus markets will be South Africa and Israel, with the potential to cover additional countries as we grow. This is a first line of defense, handsâon role, embedded in the MEA Product Squad.
Here's how you'll be contributing to the MEA Regulatory Product Compliance and Risk team, in the first line:
- Collaborate to design practical and customerâoriented product solutions while ensuring full compliance of the product;
- Perform preâlaunch and ongoing product compliance legal risk assessments;
- Offer effective advice to Product Managers on existing and forthcoming Regulations, gaps, and risks.
Manage and Mitigate Regulatory Risks and the Control Environment:
- Oversee the control environment for MEA, designing effective, creative and targeted controls and evaluating the residual risk exposure;
- Work with Product Teams and the wider Compliance & Risk Team to implement and maintain Management Information that enables Wise to make informed decisions at the regional and Global levels.
Audit, issue management and remediation:
- Conduct audit management and, where required, challenge audit findings in collaboration with Compliance second line and Product teams;
- Develop and deliver effective issue management to mitigate regulatory risks;
- Represent Wise in meetings with Banking Partners and Central Banks, being able to clearly and effectively articulate Wise's products and compliance framework.
This role will give you the opportunity to:
- Grow your handsâon Fintech knowledge at full speed.
- Build bestâinâclass products that are compliant for our regulators and partners.
- Influence and be a part of Wise's commercial and product strategy in MEA.
About you:
- At least 6 years experience in regulatory and/or financial crime compliance within a financial technology company; added bonus if focused on South Africa and/or Israel.
- Ability to analyze and interpret complex regulatory frameworks and apply them effectively;
- Ability to effectively communicate with Product Managers and Engineers and provide practical, actionable, and valueâadded recommendations;
- Problemâsolving attitude, with the ability to use regulations together with data to drive business decisions;
- Experience (or interest) in working in a fastâgrowing environment and working directly with product teams;
- Willing to travel, as Wise offices are located across different countries.
For everyone, everywhere. We're people building money without bordersâwithout 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.
Product Compliance & Risk Manager - MEA in London employer: Wise
Contact Detail:
Wise Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Product Compliance & Risk Manager - MEA in London
â¨Tip Number 1
Network like a pro! Reach out to folks in the fintech space, especially those who work at Wise or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.
â¨Tip Number 2
Prepare for those interviews by knowing your stuff! Dive deep into MEA regulations and Wise's products. The more you know, the better you can showcase how your experience aligns with their needs.
â¨Tip Number 3
Showcase your problem-solving skills! Be ready to discuss how you've tackled compliance challenges in the past. Real-life examples will make you stand out as a candidate who can hit the ground running.
â¨Tip Number 4
Don't forget to apply 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 joining the Wise team.
We think you need these skills to ace Product Compliance & Risk Manager - MEA in London
Some tips for your application đŤĄ
Tailor Your Application: Make sure to customise your CV and cover letter for the Product Compliance & Risk Manager role. Highlight your experience in regulatory compliance, especially in the MEA region, and show us how your skills align with our mission at Wise.
Showcase Your Problem-Solving Skills: We love candidates who can think on their feet! Use your application to demonstrate how you've tackled complex regulatory challenges in the past. Share specific examples that showcase your analytical abilities and practical solutions.
Be Clear and Concise: When writing your application, keep it straightforward. We appreciate clarity, so avoid jargon and get straight to the point. Make it easy for us to see why youâre the perfect fit for our team!
Apply Through Our Website: Donât forget to submit your application through our website! Itâs the best way for us to receive your details and ensures youâre considered for the role. Plus, it shows us youâre keen to join the Wise family!
How to prepare for a job interview at Wise
â¨Know Your Regulations
Make sure you brush up on the regulatory frameworks relevant to South Africa and Israel. Be prepared to discuss how these regulations impact product compliance and risk management, as this will show your understanding of the role's requirements.
â¨Showcase Your Problem-Solving Skills
Think of specific examples where you've successfully navigated complex compliance issues in a fintech environment. Highlight your ability to use data and regulations to drive business decisions, as this is crucial for the role.
â¨Communicate Effectively
Practice articulating your thoughts clearly and concisely. Youâll need to communicate with Product Managers and Engineers, so being able to convey complex ideas simply will set you apart from other candidates.
â¨Demonstrate Your Hands-On Experience
Be ready to discuss your previous roles and how theyâve prepared you for this position. Share specific instances where youâve collaborated with teams to launch compliant products, as this hands-on experience is key for Wise.