Partner Risk Monitoring Specialist

Wise•Austin, TX

13h

About The Position

As a Partner Risk Monitoring Specialist, you will play a critical role in ensuring that Wise adheres to regulatory and compliance requirements. You will be responsible for monitoring our banks and online platforms partnering with Wise at Wise Platform. This position offers the unique opportunity to influence Wise’s mission and establish partnerships that facilitate instant, borderless money for more people. Your mission Wise Platform helps financial institutions and large enterprises leverage Wise’s infrastructure to offer their customers world class payments products through their own platforms. Wise Platform is a start-up within a scale up. We’re a cross functional team across sales, account management, product, engineering, compliance, analytics and many other functions. We’re based across the world – from London to Singapore, Austin and beyond. Your primary mission will be to monitor the compliance activity of our banks and online platforms, assessing that partners onboard customers to our platform according to their compliance policies, Wise’s requirements and these meet our regulatory obligations.

Requirements

A minimum of 3+ years of relevant industry experience, ideally in financial services, compliance roles or at a financial services regulator
Expertise in compliance risk assessment and monitoring, ensuring thorough understanding and adherence to AML and CTF requirements
Strong experience in due diligence, financial crime compliance, and risk mitigation (e.g. sanctions risk)
Proven ability to manage risk and provide informed advisory services to enhance Wise’s compliance strategies
Strong background in quality assurance, ensuring all due diligence documentation meets the necessary standards and is meticulously maintained
Excellent skills in investigating client profiles and documenting findings clearly and accurately
Demonstrated capability in effectively managing stakeholder relationships and maintaining resilience in a dynamic environment
Comprehensive understanding of compliance controls and the ability to apply them effectively in monitoring and advisory processes
Strong communication skills to convey compliance insights clearly and collaborate effectively with various teams
Excellent verbal and written English skills (additional language skills are a plus) with the ability to clearly articulate your thoughts

Nice To Haves

Correspondent banking experience
ICA/ACAMS certifications

Responsibilities

Perform ongoing monitoring measures applicable to Wise Platform partners in accordance with internal policies and procedures
Assessing customers’ risks and applying risk-based approach methodologies
Perform ongoing risk monitoring on complex and high risk customers, document and provide thorough analysis on potential risks and apply appropriate mitigation measures by analyzing their business activities, compliance programs and controls
Assess the customer’s potential reputational and financial crime risk to Wise from Sanctions, PEP, and adverse media perspective
Escalate and report compliance concerns to Financial Crime Oversight and other compliance teams where necessary
Communicate with other internal teams when required to handle escalated or complicated cases
Provide guidance and responses to daily inquiries from peers, front-line and management regarding case analysis, when appropriate
Maintain a high understanding of AML/CFT Regulations, KYC/B requirements and how these impact the business, as well as Wise products and Services
Have a deep understanding of different business models, customer types, country risks and regulatory requirements across multiple geographies
Perform your tasks and responsibilities within the expected key performance indicators set by the leadership team