US Sanctions Senior Manager (First Line Risk)

About the position

Wise has already pioneered new ways for people to transfer money across borders and currencies. Our customers can also manage their hard-earned money with the world’s first platform to offer true multi-currency banking. We are looking for an experienced Sanctions Senior Manager that is willing to roll up their sleeves and make a big impact in our Operations team based in Austin. This is a Compliance/Ops hybrid role where we are specifically looking for 2LOD experience however you will be leading teams within 1LOD. You will lead the Sanctions complex investigations teams as well as owning first line risk in Sanctions Operations, improving our existing controls and processes to reduce risk.

Responsibilities

• Lead Global Sanctions Complex Investigations teams
• Own Sanctions operational processes and policies
• Lead complex compliance projects acting as a subject matter expert for the rest of the business
• Partner with the QA team to strengthen our Quality Assurance programme
• Implement effective controls to reduce risk
• Represent Operations in risk committees and audits
• Maintain strong relationships with Compliance, ensuring we have the right structure and processes in place for effective oversight
• Own the plan to develop Sanctions Operations team capabilities, strategic placement of staff across teams, skills and capacity over 12+ months, including skills mapping and training plans, leading significant cross-team projects requiring material decisions and content contribution as well as project management

Requirements

• 3+ years of Sanctions experience (in the US)
• Strong understanding of legal aspects and recordkeeping requirements of banking regulations relating to money transfer (especially OFAC, AML, BSA, USA PATRIOT Act)
• Strong knowledge of market practices related to foreign and domestic money transfers; knowledge of OFAC
• Strong level knowledge of banking policies, statutory and compliance regulations
• Strong knowledge of risk management principles and practices
• Great communicator both verbal and written
• Proven track record of taking individual ownership and responsibilities as well as being a great team-player
• Ability to work collaboratively within a complex organisation, across multiple cultures, geographies, and disciplines
• Project management and organisational skills and capability to handle multiple projects at one time
• Ability to travel as needed

Nice-to-haves

• Certified Global Sanctions Specialist (CGSS) certification or similar
• Experience in L&D and Knowledge Management
• Experience with outsourced sanctions operations and controls
• Experience interfacing with regulatory enforcement agencies
• Experience with the OFAC e-filing system and potential VSD analysis
• Additional language skills in one or more jurisdictions in which Wise has operations

Benefits

• RSU's in a rapidly growing company
• An annual self-development budget
• Medical, dental, & vision insurance – including HSA and FSA options
• Company-paid: Life Insurance, Short & Long-Term Disability, and an EAP program
• Flexible working model – a mix of working from home and from the office
• Relocation expenses covered
• 25 days PTO, 15 sick days, 11 holidays, 5 compassionate leave days, 3 paid “Me” days and a paid volunteer day, annually
• A paid 6-week sabbatical leave after four years
• 18-weeks of paid parental leave, after a year with us
• 401k with up to a 4% employer match