Principal Product Manager - Money Laundering Prevention

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 our mission and what we offer
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• Meaningful team mission with huge global reach:
  You’ll be fighting money laundering, terrorism financing and human exploitation across Wise’s £145B+ annual cross-border volume. You’ll be working with global regulators and law enforcement across 65+ licenses and 160+ countries.
• Cutting edge tech:
  You’ll be developing state of the art systems to prevent and detect crime in real time, spanning machine learning, LLMs and anything else your team feels is needed to tackle the problem.
• Product led company:
  Wise lives and breathes empowerment. Our growth and progress is all down to autonomous product teams investing in what they believe will get us to our mission. You and the team have full authority to decide and the responsibility to get results.
• Learn from experienced product leadership:
  You’ll work directly with product management veterans who will invest in your growth and development. You’ll report to Susana, work with Gergő and learn from Nilan.
• Beloved products:
  Imagine every time you tell someone you work at Wise being showered with compliments about how much they love the product. Our most recent Net Promoter Score was 65+, and over 70% of new customers come through "word-of-mouth".

We’re looking for a Principal Product Manager to join our Anti-Money Laundering (AML) Squad to make a meaningful dent in global financial crime.

Wise moves £145B+ annually across borders and customers love us for how easy and how cheap it is. You know who else loves moving money cheaply across borders? Criminals looking to launder proceeds of crime.

This is where you come in. Our vision is clean money without borders. You’ll dive deep into criminal typologies, become an expert in how international crime takes place, and build advanced systems that prevent hyper-targeted, regional, criminal behaviour.

• The AML Squad works across our offices in London and Tallinn. We are growing the Squad, and adding new teams to make faster progress in our fight against crime.
• The AML Squad owns all anti-money laundering, terrorism financing and human exploitation typologies and risks. This includes customer risk scoring, risk prevention, live risk detection, investigations and reporting to Financial Intelligence Units across the globe.
• As a Squad we currently measure success by two metrics: AML Recall and Cost of Suspicious Activity Report (SAR).
• AML Recall measures how much of the crime we actually catch. We want this to be as high as possible, and are rapidly expanding our coverage of hyper specific crime detection in addition to our already strong general model.
• Cost of SAR measures how much it costs us to detect, investigate and report a criminal to the relevant authorities. We want this to be as low as possible, and are investing a lot in high precision automation including some cool stuff with LLMs.

• The AML Squad is broken down into groups: AML Prevent, AML Detect and Fincrime Intelligence Exchange.
• This role sits within the AML Prevent Group. You’ll be the Principal Product Manager for the group.
• You might have noticed the above AML Squad metrics are primarily about detection. The preventative focus is a new mission for the squad, and part of the role will include defining and maturing the right metrics to measure success.
• You’ll be responsible for setting strategy for the group and supporting an existing Senior Product Manager and Associate Product Manager, either through line management and/or mentoring.

• Setting new standards of preventing hyper specific and regional crime at scale, in a way that satisfies our…