Product Compliance

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.

We're looking for a Product Compliance and Risk Manager to play a central role in the expansion of our Assets product in Europe. With Assets, we're changing how people think about holding money. Our customers can choose to hold their money as "cash", or hold it as an investment, whilst maintaining access to their invested funds at all times, even being able to pay with their invested balance. This role is a unique opportunity to have an impact on the way people hold money across the world.

Your mission:

You will help grow the Assets across Europe. In your role, you'll ensure Wise's full compliance with European regulatory requirements for offering investment products to customers..

Here's how you'll be contributing to the Product Compliance and Risk team:

Launching New Products and Features in a compliant way:

• Collaborate with product teams throughout the product lifecycle: from design and user testing, to launch and post-launch monitoring.

• Ensure that regulatory analysis of new products and services are performed, well-documented, and that related controls are implemented prior to launch.

• Empower product teams to apply a risk based approach to building products, processes and controls.

• Identify opportunities to enhance our product proposition and competitiveness by critically analyzing regulations, challenging existing interpretations, and evolving market practices.

Managing and Mitigating Regulatory Risks:

• Identify and manage regulatory risks for Wise's investment product.

• Perform pre-launch and ongoing regulatory risk assessments, offering effective advice to product managers on existing and forthcoming regulations, gaps and risks.

• Collaborate with Compliance teams and Product teams, to ensure remediation plans are agreed upon across lines and executed timely.

• Partner with the second-line compliance oversight team to ensure product teams are fully informed of new and upcoming regulations.

• Develop robust regulatory analyses and documentation to represent the product team's decisions and address challenges from internal and external oversight functions.

A bit about you:

• Deep working knowledge of MiFID II and related investment regulations across Europe or Estonia.

• Experience working in a legal or compliance role with a focus on financial regulation.

• Problem solving attitude, with the ability to use regulation together with data to drive business decisions.

• A natural owner who wants to go beyond an advisory role and take initiative and drive projects end to end.

• Ability to effectively communicate with product managers and engineers and provide practical, actionable, and valuable recommendations.

• Familiar with the evolving regulatory expectations of the Estonian Financial Supervision and Resolution Authority with regards to investment firms (and ideally even Payment Services / Electronic Money firms).

• Experience (or keen interest) in working in a fast-growing technology driven environment.

Nice to have but not essential

• You have an understanding of payment systems and the Payment Services Directive 2 (PSD2).

• You have worked in a startup or scale-up environment in the past.

What we offer in return:

• Competitive base salary

• Stock options package

• Generous parental leave

• Private healthcare plan

• A fun work environment with social activities and events

• Lots of other awesome Wise benefits

Salary: €3,700 - €5,200 gross monthly ( RSUs)

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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