Group Financial Crime Compliance Senior Manager - Correspondent Banking

The Wise Platform Financial Crime Compliance Senior Manager is responsible for the development and oversight of Wise Platform’s Group financial crime compliance program.

This will include responsibility for governance and strategic initiatives at group level, building and maintaining second line policies, frameworks and procedures and providing check and challenge to the first line. In addition, this role will provide support to Wise’s UK compliance team reviewing partner onboardings and leading on responses to group and UK specific issues and incident management.

Key Responsibilities

Strategic

Building and maintaining second line policies, frameworks and procedures for Wise Platform’s Group financial crime compliance program, including coordinating regional input to take account of local requirements.
Lead strategic projects from the second line’s perspective to support the compliant growth of Wise Platform’s business.
Advising on scalable solutions to enhance Wise Platform’s onboarding and ongoing monitoring processes.
Risk Management

Review global MI and KRIs for Wise platform and perform trend analysis to identify emerging risks.
Review and approve product risk assessments from a group perspective and coordinate regional reviews as needed to provide a single feedback from second line compliance.
Create and review Wise Platform risk frameworks, including onboarding flows, partner risk assessments models, ongoing monitoring frameworks and risk tolerance frameworks and thresholds aligning to Wise’s overall risk strategy and across all Wise Platform integration types.
Financial crime advisory to first line teams on global escalations, control enhancements, product and/or market expansions.
Support the UK Compliance Team in reviewing partner onboardings and performing initial due diligence on UK Platform issues/incidents before DMLRO review.
Incident and Issue Management (Group and UK)

Ensure effective governance around all issues and incidents through appropriate escalations, incident channels and clear documentation in Jira and Audit Board.
Coordinate the second line response and lead the root cause analysis for global Wise Platform incidents including collaborating with impacting regions on an effective remediation plan.
Manage global Wise Platform issues (audit and regulatory findings, self-identified issues) and collaborate closely with all impacted regions on the remediation plan and second line review confirming effective remediation.
Document and maintain issues and incidents in Audit Board with risk assessment, remediation plan and status updates.
Regional Collaboration

Provide support to regional Wise Platform Compliance Officers in respect of External stakeholder management (e.g. Banking Partners); and Regulatory, audit and CMT reviews.
Support regional Wise Platform Compliance Officers in performing global read-across of local issues to identify wider impact across all Wise entities.

Qualifications
Experience: 7+ years in financial crime compliance, with experience in managing correspondent banking customers and products from an AML/CFT perspective.
Knowledge: Strong knowledge of global financial crime regulations, particularly for the UK, and international recommendations, with a particular focus on correspondent banking services.
Leadership: Experience in leading strategic financial crime projects enabling compliant growth of a key business area. Adept at collaborating cross-functionally and managing competing priorities across compliance, product and commercial teams.
Skills: Excellent communication, analytical and leadership skills. Ability to influence cross-functional teams and senior stakeholders. Solution-oriented approach to challenging first line.
Education: Bachelor’s degree in law, finance or other related area. Additional certifications such as ACAMS or ICA are beneficial. Read more