Compliance Lead

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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Wise is looking for an AML/BSA Officer to lead its growing financial crime compliance oversight team in North America. This senior role will be working alongside a small but highly effective team in second line compliance.

In this role you will be responsible for the effective mitigation of financial crime risks through the ongoing enhancement and maintenance of robust systems and controls. This position requires close partnership with our financial crime compliance operational and product teams, with opportunities to present to senior stakeholders and shape the strategic direction of the financial crime compliance program.

Your Mission:

• Lead a team of BSA professionals and work closely with our Product Compliance, Fin Crime Operations, Product, Banking, and Legal teams
• Ensuring there is strong oversight of all compliance operations including AML, Fraud, Sanctions, KYC/CDD and EDD
• Provide advice and guidance to other teams and key stakeholders – regionally and globally, on BSA, AML/CTF and OFAC sanctions regulations as well as related Wise policies and procedures
• Support in the development and maintenance of the compliance Fin Crime oversight framework and our North America AML, Sanctions, and KYC policies
• Prepare and deliver quarterly compliance reports to the board of directors of Wise US Inc. as well as contribute to group-level compliance reporting where required.
• Maintain employee training materials and standards, as well as deliver regular training to the Wise US Inc. board of directors
• Challenge first line teams on the development of controls and provide approvals on any control changes, new products, features, or business partnerships
• Represent fincrime compliance oversight both internally and externally to regulators, auditors and partners as required
• Set and maintain SAR filing standards, leading the US SAR committee, providing feedback to our FinCEN Reporting Team
• Contribute to the company’s Financial Crime Risk Assessment
• Horizon scanning of new Fin Crime regulatory developments and maintaining oversight of timely implementation of any required controls to meet these developments
• Oversee Wise’s 314b program, US and Canadian law enforcement responses, and information sharing with partner banks
• Proactively identifying key areas of risk and work with first line teams to in the development of mitigation plans
• Mentoring, developing, and leading junior team members

• Theory. You are an expert in US financial crime regulations including the Bank Secrecy Act, OFAC, NY DFS Part 504, and may be currently working or have worked within the area of financial crime compliance preferably in a fast paced environment either in-house or as a consultant.
• Practice. You have demonstrable experience designing and challenging processes, ideally across multiple products. 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 an effective and concise communicator in both your writing and speaking for both US and non-US audiences. 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 with the capability to handle multiple projects at one time.
• Detail. You have meticulous attention to detail and if you’ve skimmed through without reading this bullet point, we are sure a bank would love to have you.
• Team player.…