At a Glance
- Tasks: Lead risk management for Wise Assets, ensuring compliance and effective reporting.
- Company: Wise is a global tech company revolutionising how money moves across borders.
- Benefits: Enjoy flexible working options, a diverse team, and opportunities for career growth.
- Why this job: Join a mission-driven team focused on making money management easier for everyone.
- Qualifications: 7-12 years in risk management, preferably in EU financial services.
- Other info: Be part of an inclusive culture that values diversity and innovation.
The predicted salary is between 43200 - 72000 £ per year.
Company Description
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.
As part of our team, you will be helping us create an entirely new network for the world\’s money.
For everyone, everywhere.
More about and .
Job Description
We’re looking for a Senior Risk Manager to join the EU and UK Wise Risk team and focus on enabling our Wise Assets product to meet its strategic objectives. This is a second line role and will report into the Head of Risk – EU & UK.
What you’ll be doing
You will partner with the Head of Risk – EU & UK and the wider Risk organisation in effectively delivering the Risk Management program for the Wise Assets product. You will be involved in all aspects related to Risk Management such as:
Risk Management Policies, frameworks and assessments
Review, update and approval of policies owned by Risk Management (2LOD), ensuring these continue to meet business, stakeholder and regulatory expectations
Helping to draft policies where gaps are identified, socialising as appropriate internally and seeing through to committee approval and implementation
Implement the Enterprise Risk Methodology and Framework Policies, utilised for risk calculations across the company and localise these to meet EU and UK requirements
Guide and oversight risk assessments completed for the Wise Assets business, including completion of risk assessments where required
Risk Reporting
Responsible globally to compile risk insights from all regions for input into Global Group committees for effective risk management reporting, leveraging data to provide informed risk profiles and actionable insights
Compile periodic risk reporting to the Wise Assets EU and UK governance committees, ensuring reports are data based, risks are well understood and appropriate actions are taken to reduce unacceptable exposures
Reporting on instances where the risk management framework has not been properly implemented or is not functioning as expected
Reporting on risks trending outside of the defined appetite or are not aligning with the established risk profile
Provide qualitative and quantitative reporting on issues and incidents impacting the Wise Asset EU and UK business, including remediation plans, progress updates and escalation where required
Risk Engagement
Assist risk/control owners, product managers and wider parts of the group in correctly utilising the risk management methodology
Drive the mapping of controls and oversight control assurance activities to ensure controls are operating effectively
Deep dive product solutions, providing risk advice on optimal risk mitigation strategies to support growth
Helping to track and deliver progress against our EU and UK Risk Management programme, including execution, and remediation milestones
Monitoring the output of internal audit and 2nd LOD oversight functions and coordinating any inputs needed from Risk in the matters of issue/incident remediation plans that impact standing risk exposures
Own issue management for the Wise Assets product, driving remediation plans with 1LOD stakeholder, highlighting progress against risk remediation plans and ensuring Wise Assets proactively remediates risk in line with policy and standards established for the group
Ensuring that the Wise Assets business is appropriately complying with regulations applicable to 2LOD risk teams and that the function operates suitable systems and controls. This would also include your involvement in driving efficiency where possible through automation, tooling and process improvements
Keeping up to date with industry developments and regulations relating to risk governance
Develop and coordinate the delivery of risk training across Wise Assets EU and UK with the support of the wider risk organisation
Liaise with the global risk functions as well peer regional business units as appropriate
What you’ll bring:
7-12 years of experience in risk management for EU and/or UK financial services institutions
Preferable experience working in a 2LOD risk management role for Investment companies in the EU
Experience implementing enterprise risk management programs for financial services institutions
Experience aligning to the other key risks across the risk taxonomy, including operational, financial and strategic risk as well as intersecting risks
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 are felt
An ability to work independently and flexibly within a fast-moving environment
Additional Information
#LI-SL
Salary £85000-£
For everyone, everywhere. We\’re people building money without borders — without 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.
If you want to find out more about what it\’s like to work at Wise visit .
Keep up to date with life at Wise by following us on and .
Senior Risk Manager (Assets) employer: Wise
Contact Detail:
Wise Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Manager (Assets)
✨Tip Number 1
Familiarise yourself with the latest trends in risk management, especially within the financial services sector. Understanding current regulations and best practices will not only help you in interviews but also demonstrate your commitment to staying informed.
✨Tip Number 2
Network with professionals in the risk management field, particularly those who have experience in 2LOD roles. Engaging with industry peers can provide valuable insights and potentially lead to referrals that could enhance your application.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully implemented risk management frameworks in previous roles. Being able to articulate your hands-on experience will set you apart from other candidates.
✨Tip Number 4
Showcase your ability to work independently and flexibly by highlighting past experiences where you thrived in fast-paced environments. This will resonate well with Wise's dynamic culture and their need for proactive team members.
We think you need these skills to ace Senior Risk Manager (Assets)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk management, particularly within EU and UK financial services. Emphasise your familiarity with second line of defence roles and any specific achievements that align with the responsibilities outlined in the job description.
Craft a Compelling Cover Letter: In your cover letter, express your passion for Wise's mission and how your background makes you a perfect fit for the Senior Risk Manager role. Be specific about your experience with risk management policies and frameworks, and how you can contribute to the Wise Assets product.
Highlight Relevant Skills: Clearly outline your skills related to risk assessment, reporting, and compliance. Mention any experience with enterprise risk management programs and your ability to work independently in fast-paced environments, as these are crucial for the role.
Showcase Continuous Learning: Mention any recent training or certifications related to risk management or financial services. This demonstrates your commitment to staying updated with industry developments and regulations, which is essential for the position at Wise.
How to prepare for a job interview at Wise
✨Understand the Risk Management Framework
Make sure you have a solid grasp of risk management policies and frameworks, especially those relevant to the financial services sector. Be prepared to discuss how you've implemented or improved these in your previous roles.
✨Showcase Your Analytical Skills
As a Senior Risk Manager, you'll need to analyse data and provide actionable insights. Bring examples of how you've used data to inform risk profiles or decision-making in past positions.
✨Demonstrate Regulatory Knowledge
Familiarise yourself with the regulations applicable to the EU and UK financial services. Be ready to discuss how you've ensured compliance in your previous roles and how you would approach this at Wise.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your problem-solving skills and ability to manage risk. Think of specific situations where you successfully mitigated risks and be ready to share those stories.