
Senior Regulatory Specialist
3 days ago
Job Summary:
- We are seeking a Product Compliance Professional to help us identify and effectively manage regulatory and financial crime compliance risks across various markets and integrations globally.
- The successful candidate will enable the team to launch new products and partnerships worldwide by understanding regulatory requirements and regulators' expectations.
- They will collaborate with second-line Compliance and Risk teams to identify and align on main regulatory issues and risks in APAC for our products and partnerships.
Key Responsibilities:
- Develop a deep understanding of regulatory needs in APAC and work with the Product team to translate these into solutions that enable compliant product innovation and commercial viability with partners.
- Perform regulatory analysis of new products and partnerships ensuring proper controls are implemented before launch.
- Enable Product teams to adopt a risk-based approach in developing products, processes, and controls.
Regulatory Risk Management:
- Support the team (e.g., implementation managers, account managers) and other teams on how to interpret regulatory requirements, improve processes, and our product to avoid regulatory breaches and/or incidents.
- Identify related risk typologies and ensure that the relevant specialist teams have provided input into the product and deal lifecycle.
Maintaining an Enterprise-wide View:
- Escalate breaches and high-rated risks to Compliance Oversight to maintain an enterprise-wide view of Wise's regulatory risk environment with regard to our partnerships.
- Assist Product Teams in developing and maintaining track of relevant risks across their product, including mitigation plans, action owners, and timelines to completion.
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