Risk Assessment Senior Specialist

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 our mission and what we offer.

As a Risk Assessment Senior Specialist, you will play a critical role in ensuring Wise’s adherence to regulatory and compliance standards. You will be responsible for mitigating risks associated with Wise Platform (WP) partners, maintaining and enhancing WP Risk control framework and internal Procedures in line with AML/CTF regulations, and upskilling the Partner Risk Assessment/Partner Risk Monitoring teams (PRA/PRM) and wider WP teams. The Risk Senior Specialist has an advanced understanding of inherent risks tied with complex business structures, correspondent banking services, various customer types and activities, country-specific risks and their appropriate mitigating strategies. This role is a great opportunity for people who are interested in deepening expertise  in the AML and Fin Crime risk domain.  

Job Responsibilities
 

• Drive and execute training and continuous upskilling programs for PRA and PRM teams, ensuring excellence across all compliance and business functions;

• Develop new and better risk mitigation methods and improve our compliance framework and controls while working closely with Product and Regulatory Compliance; 

• Run process and approach improvement initiatives independently and see them through completion to achieve efficiencies;

• Perform risk assessment on complex and high risk customers, document and provide thorough analysis on potential risks and apply appropriate mitigation measures by analyzing their business activities, compliance programs and controls;

• Assist in conducting thorough quality control reviews to ensure the accuracy, completeness, and adherence to standards of deliverables from the PRA and PRM teams;

• Communicate with internal and external partners/stakeholders to facilitate scalable, compliant business onboarding growth;

• Work with product teams, operational leads, and compliance teams to manage operational impact of changes, increase operational efficiencies, and improve the customer experience;

• Distill concerns or issues identified from relevant operational incidents and report these findings to senior management with recommended actions to address deficiencies;

• Support Risk Leads on implementation and delivery of ad-hoc project work, participate in enhancing the compliance management knowledge of colleagues;

• Represent the team at various risk committees and audits at regional level when required.

Requirements

• A minimum of 4+ years of relevant industry experience in financial services, compliance or fin crime roles in Correspondent banking environment;

• Work autonomously within a limited variety of well-defined procedures and practices (not necessarily standardized);

• Ability to take difficult decisions, work with uncertainty, deal with unknowns, and coordinate various sources of information within and outside the organization;

• Ability to take decisions and apply risk-based approach at your work;

• Capable of identifying gaps in policies and processes and liaise as necessary with the team, other business units and stakeholders to resolve relevant issues;

• Excellent verbal and written English skills (additional language skills are a plus) with the ability to clearly articulate your thoughts;

• Excellent interpersonal and communication skills, strong organizational skills, attention to detail, analytical abilities, and ability to adhere to strict deadlines in a fast paced and high pressure environment;

• Punctual, resourceful, proactive, enthusiastic and willing to get things done;

• Ability to work in a diverse work environment which requires collaboration, partnership and transparency; 

• Understanding of regional and global regulatory requirements and essentials of risk based approach;

• Strong analytical and problem solving capabilities;

• Strong stakeholder management and interpersonal skills;

• analytical skills, with the ability to provide practical and realistic solutions for minimizing risk;

• Comfortable working in a rapidly changing and complex work environment.

Nice to have:

• Education: Bachelor’s degree in Finance, Business Administration, Law, or related field

• Certifications: ICA, CAMS, or equivalent certification (EDD/AML focused)

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 Wise.Jobs.

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