Compliance Lead

Wise • New York, NY

78d • Hybrid

About The Position

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.

Requirements

• Expert in US financial crime regulations including the Bank Secrecy Act, OFAC, NY DFS Part 504
• Demonstrable experience designing and challenging processes, ideally across multiple products
• Ability to improve current practices and processes and apply different compliance strategies
• Effective and concise communicator in both writing and speaking for both US and non-US audiences
• Ability to work well under pressure, prioritizing, taking responsibility and working to tight deadlines
• Meticulous attention to detail
• Great people skills and ability to collaborate and build relationships with colleagues
• Willingness to travel to other offices as required
• Legally authorized to work in the US

Nice To Haves

• Certified Anti-Money Laundering Specialist (CAMS), Certification as a Global Sanctions Specialist (CGSS), or similar
• Experience with conducting risk assessments
• Experience conducting QA/QC on SARs
• Experience filing SARs or OFAC reports electronically
• Experience with training/mentoring junior team members

Responsibilities

• Lead a team of BSA professionals and work closely with our Product Compliance, FinCrime Operations, Product, Banking, and Legal teams
• Ensure 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 FinCrime 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 FinCrime 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 5,001-10,000 employees