Senior Fraud Compliance Manager

Wise

Wise

Accounting & Finance, Legal
London, UK
Posted on Wednesday, April 3, 2024

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 life 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.


Job Description

Wise is looking for a senior Fraud compliance manager to join its growing Compliance oversight team. This role will be working alongside the MLRO and a highly effective team in second line compliance. In this role you will be responsible for assisting in the effective mitigation of fraud risks through the maintenance and development of adequate systems and controls.

DUTIES

  • Supervision of our appropriate measures to ensure that Fraud risks are taken into account in our day-to-day operation.

  • Support in the development and maintenance of the Fraud compliance oversight framework .

  • Assist in the preparation of quarterly compliance reports to the board of directors of Wise Ltd by providing consistent and digestible management information

  • Provide adequate challenge to first line teams on the development and performance of controls and provide approvals on any control changes , new products or features

  • Represent compliance oversight both internally and externally to regulators, auditors and partners as required showcasing Wise strong oversight compliance framework in relation to Fraud prevention and detection

  • Maintaining up to date fincrime policy framework in collaboration with other team members

  • Collaborating with product compliance control teams to ensure that there is strong oversight compliance within the Fraud operations team

  • Horizon scanning of new Fraud regulatory developments and maintaining oversight of implementation of such development which impact business activities

  • Proactively identify key areas of Fraud risk and work collaboratively with first line teams to in the development of mitigation plans

  • Ensure compliance and oversight of all Fraud regulatory reporting

REQUIREMENTS

  • Theory. You are an expert in AML/CTF compliance and may be currently working or have worked within Fraud , specifically focussing on the second line of defence work preferably in a fast paced environment.

  • Practice. You have demonstrable experience designing and challenging processes, across multiple products including cards. You have thought deeply about the Wise mission and how it intersects with compliance.

  • Passion. You get a kick out of improving current practices and processes and can apply different compliance strategies to develop compliance frameworks.

  • Communication. You are a comfortable and effective communicator in both your writing and speaking. You can convey complex ideas effectively to both internal and external audiences.

  • Get the job done. You have a sense of urgency and an ability to work well under pressure, prioritising, taking responsibility and working to tight deadlines.

  • Detail. You have meticulous attention to detail and if you’ve skimmed through without reading this bullet point, I’m sure a bank would love to have you.

  • Team player. You have great people skills and can effectively and efficiently collaborate, build relationships with colleagues throughout the business and across the globe

Travel. You must be willing to travel to our other offices as required


Additional Information

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.

Keep up to date with life at Wise by following us on LinkedIn and Instagram.