Group Financial Crime Governance & Risk Senior Manager

Job 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 worlds money

• For everyone, everywhere.

Job Description

As the Group Financial Crime Governance and Risk Senior Manager, you will be responsible for maintaining, uplifting and enforcing Wise’s global financial crime risk program, bridging the gap between high-level enterprise strategy and granular operational execution.

Operating as a critical pillar of our Second Line of Defence (2

LoD), you will provide robust oversight and constructive challenge to ensure our risk assessments function as strategic tools that drive smarter due diligence and a safer platform.

You will be responsible for enabling proactive risk management through the continuous evolution of methodologies and KRIs, while overseeing the development of sophisticated MI dashboards and reporting to ensure that financial crime controls operate effectively across all global and regional teams.

Framework Development & Methodology

• Global Risk Framework:
  Develop, maintain, and evolve the Group Financial Crime Risk Framework, ensuring full integration with the Enterprise Risk Management Framework (ERMF)

• Methodology Ownership:
  Lead the design and implementation of core risk assessment methodologies, including:

Customer Risk Assessment

• Industry Risk Assessment

Financial Crime Risk Assessment (FCRA)

• FCRA alignment:
  Provide 2
  
  LoD oversight on the global inherent risks assessed as part of the entity-wide FCRA. This should include the likelihood and impact assessment at Group level which is cascaded to regions and the controls mapping, ensuring consistency and alignment across all entities

• Wise Platform Integration:
  Partner with the Group Wise Platform (WP) Fin Crime Compliance team to ensure the FCRA captures specific inherent risks for various WP models and ensure the control mapping is accurate for each integration model

Risk Management

• Risk Appetite:
  Collaborate with the First Line of Defence (1
  
  LoD) in the continuous review and setting of financial crime risk appetite

• Monitoring & Remediation:
  Monitor adherence to financial crime risk appetite and provide expert 2
  
  LoD support in defining remediation plans when breaches occur

•
Strategic Data Usage:
Identify opportunities to use the output of all risk assessments to enhance Wise’s Customer Risk Assessment (CRA) and due diligence processes.

• Control Monitoring:
  Provide robust 2
  
  LoD oversight and challenge over the outputs of Wise’s continuous control monitoring and collaborate with 1
  
  LoD in identifying how to uplift or define new controls where existing controls are not operating effectively

• MI & Reporting:
  Support the Group Wise Platform Fin Crime Compliance team in implementing a dedicated Risk Management Framework, including mapping Management Information (MI) to effectively monitor risks at partner and model level

Issue and incident management

• Process:
  Close alignment with 1
  
  LoD and the Regulatory Risk team in defining effective issue and incident management processes giving the Group Fin Crime Risk team clear oversight of all open issues and incidents and the impact of Wise’s overall risk exposure

• Incident oversight:
  Provide 2
  
  LoD oversight of incident management, inputting on the classification, management and remediation as required ensuring any follow up actions are also fed into the issue management process

• Issue oversight:
  Oversee financial crime-related issues, tracking progress, issue quality and resolution time and providing reporting updated to management when needed

Governance, Intelligence & Reporting

• Quarterly Committees:
  Manage BAU requirements for quarterly committees, providing critical "check and challenge" on 1
  
  LoD reporting

• Trend Analysis & Thematic Reviews:
  Analyse financial crime issues and incidents to identify common themes and emerging risks and conduct deep-dive thematic…