At a Glance
- Tasks: Lead regulatory compliance efforts and advise on FCA regulations to support Wise's growth.
- Company: Join Wise, a global tech company revolutionising money management.
- Benefits: Hybrid working, competitive salary, and opportunities for career progression.
- Other info: Collaborative culture with a focus on inclusivity and empowerment.
- Why this job: Make a real impact in a dynamic environment while shaping compliance strategies.
- Qualifications: Strong regulatory advisory background with deep knowledge of UK regulations.
The predicted salary is between 113400 - 138600 £ per year.
Company Description 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.
Job Description We're looking for a Senior Regulatory Compliance Manager to support our UK Compliance Team by providing regulatory advice and objective check and challenge to enable Wise to scale its UK businesses compliantly.
Based in London, you will work with a growing team of multidisciplinary specialists (Risk, Legal, Product, Finance etc) across the globe.
You'll help manage and strengthen the Compliance team's approach to building new and scaling existing products in compliance with UK regulations, managing the regulatory risks and developing governance and oversight arrangements.
Advise the business on regulatory requirements, specifically focusing on FCA regulations, capital and liquidity compliance expectations, regulatory reporting, and applicable sections of the FCA Handbook.
Provide check and challenge to regulatory analysis, regulatory risk assessments and controls provided by our first line Product Risk and Compliance team.
Support first line teams to identify and mitigate regulatory risks.
Conduct regulatory analysis on upcoming changes to FCA requirements and the UK regulatory framework, advising first line teams on implementation plans to ensure compliance.
Draft regulatory compliance policies and guidance.
Lead obligations mapping for new product offering(s)Understand and apply the relevant aspects of the operational resilience requirements Interpret consumer duty and conduct requirements Work closely with the wider regulatory team to manage our policy framework, FCA regulatory engagement, and conduct reporting.
Help maintaining and updating the UK compliance framework, policies, and documentation within the broader Wise Group compliance framework, ensuring they are appropriate for new products/ activities and risk appetite.
Work with the first line business owners to ensure findings from audits and monitoring and testing are remediated efficiently and effectively Provide regulatory training and self-help materials to assist first line teams to comply with regulatory obligations and compliance policies.
Help reporting (to the Board and relevant committees) on the UK's compliance performance, regulatory breaches, and the effectiveness of compliance controls via comprehensive and insightful Management Information (MI)Qualifications Our ideal candidate will have a strong regulatory advisory background, great communication and organisational skills, tons of motivation and positivity.
You have deep working knowledge of UK regulations, including FCA requirements, as well as experience with regulatory framework implementations.
You have hands-on experience providing regulatory advice, engaging with the FCA and managing regulatory risks relating to financial products and services.
You're a strong relationship builder across all levels of the business and externally.
You have the ability to influence others and empower teams to comply with regulatory requirements and mitigate regulatory risks, whilst enabling growth.
You are able to deliver complex regulatory analysis and advice verbally and in writing.
You are also able to understand advice, analysis and regulatory risk assessments produced by others and provide constructive feedback and objective challenge.
Travel. The role is London-based, but many of our teams are located across different office locations. You'll be ready to travel at least on a quarterly basis.
Additional Information Hybrid working - 3 days in the office and 2 from home Working hours - 9am to 6pm For everyone, everywhere.
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.
Financial Services
Senior Director, Regulatory Compliance in London employer: Wise
Wise is an exceptional employer that fosters a culture of inclusivity and innovation, making it an ideal place for a Lead ML / Data Scientist to thrive. With a hybrid working model, generous personal development budgets, and a commitment to employee growth, you will have the flexibility and resources to excel in your role while contributing to meaningful projects that redefine how money moves globally.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Director, Regulatory Compliance in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Wise. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Director, Regulatory Compliance in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Wise.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Wise's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Wise
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Wise.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Wise will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Wise employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
