At a Glance
- Tasks: Advise on regulatory requirements and manage compliance for UK EMI and investment businesses.
- Company: Join Wise, a global tech company revolutionising money management.
- Benefits: Competitive salary, hybrid working, and opportunities for professional growth.
- Why this job: Make a real impact in a dynamic environment while shaping the future of finance.
- Qualifications: Regulatory advisory experience and strong communication skills required.
- Other info: Collaborative team culture with excellent career development opportunities.
The predicted salary is between 89000 - 127000 £ per year.
Wise is a global technology company, building the best way to move and manage the world’s money. As part of our team, you will be helping us create an entirely new network for the world’s money. We’re looking for a Senior Regulatory Oversight Manager to support our UK Electronic Money Institution (EMI) and investment firm 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, Treasury, Security, Marketing) across the globe. You’ll help manage and strengthen the team’s approach to scaling products in compliance with regulations, managing the regulatory risks and developing governance and oversight arrangements.
Your Mission:
- Advise the business on regulatory requirements related to our UK EMI and investment businesses, particularly the Payment Services Regulation, Electronic Money Regulation, MIFID or IFPR/MIFDIDPRU and applicable sections of the FCA handbook related to payment or investment firms.
- Handle escalations from first line teams on product developments, incidents and issues.
- 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 the regulatory perimeter and advise first line teams on their implementation plans to ensure they achieve compliance.
- Draft regulatory compliance policies and guidance.
- Work closely with the wider regulatory team to manage our policy framework, regulatory engagement and reporting.
- 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.
Our ideal candidate will have:
- A regulatory advisory background, great communication and organisational skills, tons of motivation and positivity.
- Theory: A working knowledge of regulatory requirements relating to payment services or investment businesses, excluding financial crime regulations.
- Practice: Experience providing regulatory advice and mitigating regulatory risks relating to payments or investment products.
- Passion: A problem-solver who enjoys finding innovative solutions and collaborating with different teams to deliver a mission and enable sustainable growth.
- Get the job done: A strong relationship builder across all levels of the business and externally, with the ability to influence others and empower teams to comply with regulatory requirements and mitigate regulatory risks.
- Responsibility: A sense of urgency and an ability to work well under pressure, prioritising, taking responsibility and accountability for your work.
- Communication: Strong written and verbal communication skills, able to deliver complex regulatory analysis and advice verbally and in writing.
- Leadership and mentoring: Experience managing or mentoring other employees and enabling them to develop their knowledge and skills.
- 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.
Hybrid working model – 3 days in our fantastic office and 2 days from home. Working hours – 9am to 6pm.
Senior Regulatory Oversight Manager - Advisory in London employer: Wise
Contact Detail:
Wise Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Regulatory Oversight Manager - Advisory in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out 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 Wise and its regulatory landscape. Understand the Payment Services Regulation and Electronic Money Regulation inside out. This will not only impress your interviewers but also help you articulate how you can add value to their team.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience and how it aligns with the role of Senior Regulatory Oversight Manager. Use specific examples that showcase your problem-solving skills and ability to work under pressure. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the Wise team. Let’s get you that dream job!
We think you need these skills to ace Senior Regulatory Oversight Manager - Advisory in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Regulatory Oversight Manager role. Highlight your regulatory advisory experience and how it aligns with Wise's mission. We want to see how you can bring your unique skills to our team!
Showcase Your Communication Skills: Since strong written communication is key for this role, ensure your application is clear and concise. Use examples that demonstrate your ability to deliver complex regulatory analysis effectively. Remember, we love a good storyteller!
Demonstrate Problem-Solving Abilities: We’re looking for someone who thrives on finding innovative solutions. In your application, share specific instances where you've tackled regulatory challenges or improved compliance processes. Show us your passion for problem-solving!
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 role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Wise
✨Know Your Regulations
Make sure you brush up on the key regulatory frameworks relevant to the role, like the Payment Services Regulation and Electronic Money Regulation. Being able to discuss these confidently will show that you’re not just familiar with the theory but can apply it practically.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've tackled regulatory challenges in the past. Think about specific situations where you provided innovative solutions or helped teams navigate complex compliance issues. This will highlight your passion for problem-solving and your ability to collaborate effectively.
✨Communicate Clearly
Practice articulating complex regulatory concepts in simple terms. During the interview, focus on your communication skills by being concise and clear when discussing your experiences. This will demonstrate your ability to convey important information to various stakeholders.
✨Build Relationships
Be ready to discuss how you've built strong relationships in previous roles. Think about times when you influenced others or empowered teams to comply with regulations. This will showcase your interpersonal skills and your understanding of the importance of collaboration in a regulatory environment.