At a Glance
- Tasks: Lead risk management initiatives and ensure compliance with EU regulations.
- Company: Wise, a global tech company focused on making money management easier for everyone.
- Benefits: Flexible working hours, inclusive culture, and opportunities for career growth.
- Other info: Work in a diverse environment that values inclusion and innovation.
- Why this job: Join a mission-driven team and make a real impact in the financial services sector.
- Qualifications: 6+ years in risk management with expertise in EU regulations.
The predicted salary is between 80000 - 100000 £ per year.
This job is with Wise, an inclusive employer and a global technology company, building the best way to move and manage the world’s money. Wise is on a mission to make lives easier and save money for people and businesses sending money internationally.
As Senior Risk Manager, you will lead the implementation and ongoing operation of Wise’s Enterprise Risk Management (ERM) framework tailored to the EU region. Your responsibilities will include:
- Setting and adapting standards for partner onboarding and ongoing monitoring, ensuring resilience to emerging risks and shifting regulatory expectations.
- Implementing the enterprise risk management framework tailored to the EU region, ensuring expansions and new platform partners align to defined principles.
- Applying the Europe Risk Appetite, conducting risk assessments, key risk indicator monitoring, and risk reporting.
- Providing advice to product teams to effectively resolve issues and develop new features.
- Reviewing, updating, and approving policies owned by Risk Management (2LOD) for new branches, ensuring compliance with business, stakeholder, and regulatory expectations.
- Supporting the drafting of regulatory business plans and associated 2LOD Risk Management input.
- Developing a deep understanding of products and supporting the first line in developing relevant control assurance metrics.
- Presenting monitoring outcomes and updates to relevant committees, including executive management, the regulator, and the Board.
- Providing regular updates on incidents, issues, KRIs, product risks, and internal and external risk changes.
Qualifications:
- 6+ years of experience in risk management for EU and/or UK financial services institutions.
- Strong knowledge of European and/or Belgian risk management frameworks and industry best practices.
- Subject matter expertise in EU regulation such as DORA, Outsourcing and third-party risk management, safeguarding, and data privacy.
- Experience implementing enterprise risk management programs for financial services institutions.
- Experience aligning with other key risks across the risk taxonomy, including operational, financial, and strategic risk.
- A strong understanding of systems, management information, and reporting systems.
- A demonstrated track record of second line of defence independence and challenge/escalation where concerns arise.
- An ability to work independently and flexibly within a fast-moving environment.
Additional Information:
- Working pattern: 3 days in the office 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.
Senior Risk Manager employer: Wise
Wise is an exceptional employer that prioritises the well-being and professional growth of its employees. With a dynamic work culture that fosters innovation and collaboration, team members are encouraged to develop their skills while contributing to meaningful resilience strategies on a global scale. Located in a vibrant city, Wise offers competitive benefits and unique opportunities for career advancement, making it an ideal place for those seeking a rewarding and impactful career.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Risk Manager
✨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 Risk Manager
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!
