At a Glance
- Tasks: Ensure compliance for innovative financial products while collaborating with global teams.
- Company: Join Wise, a leading fintech company revolutionising money management.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Diverse and inclusive team environment with a focus on career progression.
- Why this job: Make a real impact on how people manage their money globally.
- Qualifications: 5+ years in compliance within finance; strong knowledge of UK regulations.
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. We’re looking for a Senior Product Compliance Manager to join and support the Assets Product Compliance team in the UK. This role is hands-on, a unique opportunity to have an impact on Wise’s mission, grow as a product and compliance manager, and help save millions more people money.
Your Mission: In 2021, Wise launched the Assets product in the United Kingdom, allowing customers to invest the money they hold with Wise in different asset classes such as stocks or bonds while retaining the instant access and spend functionality of a current account. Your mission is to work with our product team based in London to improve our Assets offering both locally and globally in a compliant manner through a deep understanding of the regulatory requirements and regulators’ expectations around investment products.
This is a first line Product Compliance role, embedded in the Product team. You, together with the global product team, will be responsible for:
- Regulatory risk and remediation: Support Product and operational teams on how to interpret regulatory requirements, improve processes and our product to avoid regulatory breaches and/or incidents. Identify and align on the main regulatory risks, gaps and forthcoming regulations.
- Product design: Understand regulatory needs, translate this into solutions and work together with the Product Teams to build compliant new products/features and services. Perform regulatory analysis of new products/features and services, and implement required controls prior to launch.
- Third Party Relationships: Provide input on regulatory related matters, always representing Wise customer-oriented culture while ensuring compliance.
Opportunities: Grow your hands-on Fintech knowledge; Build world-class products; Work together with all our amazing teams globally.
Ideal candidate: Min 5 years of relevant experience in a compliance role within the retail investments, fund management, broker-dealer, or capital markets industry; Deep working knowledge of securities regulations in the United Kingdom e.g. COBS, MiFID, FSMA, CASS 6/7; Familiar with the evolving regulatory expectations of the FCA with regards to investment firms.
Other skill-set: Ability to prioritise effectively; Ability to effectively communicate with Product Managers and Engineers; Problem solving attitude; A natural owner, that drives and delivers projects from inception to completion; Legally authorised to work in the United Kingdom.
Nice to have: Familiar with licensing and regulatory frameworks in multiple jurisdictions.
Additional Information: We are people building money without borders — without judgement or prejudice. We believe teams are strongest when they are diverse, equitable and inclusive. Inclusive teams help us live our values and ensure every Wise team member feels respected, empowered to contribute toward our mission and able to progress in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Product Compliance and Risk Manager - Assets
✨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 Senior Product Compliance and Risk Manager - Assets
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!
