Group Financial Crime Screening Manager

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.

Job Description

As a Group Financial Crime Screening Manager, you will help shape Wise’s Financial Crime strategy and framework, by advising on and overseeing Wise’s Politically Exposed Persons (“PEPs”) and Adverse Media (“AM”) processes, systems and controls, and framework. This role sits within Wise’s Group Financial Crime Compliance Team specifically under the CDD/EDD domain, positioned within the 2nd Line of Defence. This role is pivotal in ensuring Wise’s compliance with global financial crime regulations, as well as ensuring Wise’s systems and controls are robust and effective in mitigating financial crime risk.

What You'll Be Doing:

Risk Management:

• Support in the development and maintenance of Wise’s financial crime typology mapping to ensure Wise has a globally comprehensive view of the financial crime risks that are relevant to it and work with Product Compliance to ensure mitigation coverage thereof at the point of onboarding and continuously thereafter.
• Ongoing check/challenge/oversight of our Control Framework
  • Support Product, Product Compliance, Engineering, Ops with:
  • Advising on the development and maintenance of the PEP & AM control framework including:
  • Local regulatory compliance
  • In-flight project activities
  • Advisory & Support
  • Key Risk Indications (‘KRIs) and Key Performance Indicators (‘KPIs).
• You will be responsible for collaborating with a number of Group, and Regional Teams across Compliance, Product Compliance, Product, and FinCrime Operations, this includes:
• Provide subject matter expertise (i.e., remediation programmes, leading the response to general ad-hoc compliance escalations etc).
• Reviewing and approving new systems and controls, as well as material changes to existing systems and controls, ensuring systems and controls align with global regulatory requirements, as well as effectively mitigating financial crime risk.
• Supporting Product, and Product Compliance on large-scale initiatives requiring cross-functional collaboration.
• Assisting on ad-hoc reviews assessing the adequacy and effectiveness of Wise’s systems and controls, identifying enhancement opportunities and providing detailed recommendations.
• Reviewing and approving Product Risk Assessments conducted by Product Risk and Compliance, ensuring the assessment appropriately identifies and mitigates money laundering and terrorist financing risk, as well as aligning with Regional Compliance Teams.

Governance & Oversight:

• Support in the development of Group Financial Crime policies and procedures ensuring alignment with international financial crime regulatory requirements (e.g., FATF, UK Bribery Act, US FCPA, etc).

• Oversight of results from and collaboration with Financial Crime Quality Assurance (‘QA’), Financial Crime Compliance Monitoring and Testing (‘CMT), and Internal Audit (IA).

• Support with oversight on Global PEP & AM issues and incidents, including raising self identified issues, the review and approval of action plans, due dates, and the validation of actions.

• Ad-hoc attendance at relevant related forums (i.e., quarterly planning sessions, Ops Steer etc).

Knowledge and Awareness:

• Support in the review and approval of related procedures and operational guidelines.

• Support the Knowledge Delivery Team and FinCrime Ops training needs assessments and skills assessments.

• Support the Knowledge Delivery Team with the oversight and approval of group-wide training material, ensuring the material is adequate, and up-to-date, as well as monitoring training completion.

• Support the Knowledge Delivery Team with the oversight and approval of role-specific tailored training

What You'll Bring:

• 5+ years experience in financial crime compliance, with a focus on Politically Exposed Persons (PEPs) and Adverse Media (AM) on consumers and legal entities, and with a global financial organisation and/or consultancy. Relevant certifications (e.g., ACAMS, ICA) are preferred.

• In-depth knowledge of global financial crime regulations, risk management frameworks, and control environments.

• Excellent communication skills, with the proven ability to collaborate with a wide-number of people, and the capability to influence cross-function teams and senior stakeholders.

• Proven ability working independently and supporting on a range of CDD & EDD, including PEPs, AM, KYC and KYB initiatives, projects, and reviews.

• Strong analytical skills with the ability to assess financial crime risks.

• International travel may be 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.

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