Job Description
hackajob is collaborating with Wise to connect them with exceptional professionals for this role.
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Company Description
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Wise is a global technology company, building the best way to move and manage the world’s money. Min fees. Max ease. Full speed.
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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.
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As part of our team, you will be helping us create an entirely new network for the world's money. For everyone, everywhere.
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More about our mission and what we offer.
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Job Description
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We are seeking a highly motivated and experienced Financial Crime Manager to join the UK MLRO Office at Wise. This is a second-line managerial role that will play a crucial part in supporting the Deputy MLROs in discharging Wise Payments Limited's Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) obligations under UK regulations.
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The successful candidate will be instrumental in ensuring the effectiveness of our financial crime controls in the UK, driving continuous improvement, and providing expert advice across a broad range of financial crime matters, including fraud.
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Key Responsibilities:
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AML/CTF Oversight & Support:
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• Support the Deputy MLROs in the effective discharge of AML/CTF obligations, ensuring compliance with all relevant UK regulations.
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• You are an excellent communicator, capable of articulating complex technical concepts clearly to both technical and non-technical audiences.
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• Lead on day-to-day financial crime risk management activities and manage internal escalations effectively.
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• Oversee the implementation and assess the effectiveness of AML/CTF controls across all UK products and services.
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• Provide robust oversight of AML risks and controls specifically for Wise Platform partners.
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Reporting & Stakeholder Engagement:
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• Gather, draft and review Management Information (MI), board updates, and regulatory reports to support the MLRO reporting process.
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• Act as an alternate point of contact for law enforcement agencies when required.
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Policy & Process Improvement:
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• Drive the continuous improvement of AML policies, systems, and operational processes to enhance the effectiveness and efficiency of our financial crime framework.
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Broader Financial Crime Expertise:
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• Apply strong knowledge of fraud prevention and detection, working collaboratively with first-line teams including our product compliance colleagues to enhance fraud controls.
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• Work with the first line on ongoing reporting in relation to authorised push payment and reimbursement fraud (APPR).
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• Demonstrate a working knowledge of APPR and contribute to uplifting fraud controls and effectively managing UK fraud data.
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• Proactively stay abreast of new regulatory requirements and industry best practices related to APPR and broader fraud prevention, providing expert input and translating these developments for internal implementation.
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• Understand and articulate key risks for FIs offering correspondent services and work with first line on manage those financial crime risks whilst enabling the business to grow
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• Support / advise 1LoD with enhancing the partnership onboarding procedures and oversee highest risk partner approvals/exceptions/advisory
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• Be the first point of contact for the partner risk assessment team for partnership related high risk escalations and provide MI for ongoing monitoring of the existing partners
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Qualifications
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• Proven experience in a financial crime role within a regulated financial services environment in the UK, ideally financial technology or correspondent banking.
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• Solid understanding of UK AML/CTF regulations, including the Money Laundering Regulations 2017.
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• Demonstrable experience in managing financial crime risks and implementing effective controls.
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• Strong analytical skills with the ability to interpret complex data and produce clear, concise reports.
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• Excellent communication skills, both written and verbal, with the ability to engage effectively with various stakeholders, including senior management and regulators.
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• Proactive and self-motivated with a strong attention to detail.
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• Experience with APPR is highly desirable, as will form a fundamental area of focus in this role.
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• Experience in fraud prevention and an understanding of UK fraud data is essential.
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Additional Information
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• Hybrid working – 3 days in the office and 2 from home
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• Working hours – 9am to 6pm
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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.
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We're proud to have a truly international team, and we celebrate our differences. n 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.
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If you want to find out more about what it's like to work at Wise visit Wise.Jobs.
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Keep up to date with life at Wise by following us on LinkedIn and Instagram.
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