Partner Risk Assessment Specialist

**Company Description**

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**.

As a Partner Risk Assessment Specialist, you will play a critical role in ensuring that Wise adheres to regulatory and compliance requirements. You will be responsible for onboarding and risk assessing banks and online platforms partnering with Wise. 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 onboard banks and online platforms, assessing their compliance policies, producing comprehensive compliance memos to determine partner risk and hand-holding partners through their KYC journey.

**Your responsibilities**

Policy and Procedure Review:

- Conduct thorough and detailed due diligence on our banks and online platforms to assess their compliance with regulatory requirements, internal policies, and industry standards.

- Review partners’ documentation, including Know Your Customer (KYC) information, legal agreements, and other relevant materials to ensure accuracy and completeness.

- Document your findings in compliance memos that summarize potential risks.

- Assist in the development and improvement of the compliance onboarding process to enhance efficiency and effectiveness.

Onboarding New Partners:

- Manage the onboarding process for banks and online platforms, ensuring seamless integration with Wise Platform.

- Keep abreast of regulatory developments and industry best practices to ensure that the onboarding process aligns with the latest compliance standards.

- Develop and maintain strong relationships with partners to facilitate smooth onboarding and address any compliance-related queries or concerns.

Risk Assessment and Control Recommendations:

- Evaluate and recommend appropriate monitoring controls based on the inherent risks identified during the onboarding process.

Cross team collaboration:

- Collaborate with internal stakeholders, such as Legal, Risk Management, and Business Development, to obtain necessary information and approvals for client onboarding.

- Act as a SME to senior stakeholders and/or other team members related to Enterprise Due Diligence processes and compliance requirements

**Qualifications**
- Excellent verbal and written English skills (additional language skills are a plus) with the ability to clearly articulate your thoughts.

- A minimum of 2+ years of financial services industry compliance experience, preferably at a bank, trading, payments, or fintech institution

- Skilled in investigation and business notation, specializing in evaluating risk assessments and compliance documentation, able to make decisions based on these

- Proven experience onboarding large enterprises to financial platforms, effectively managing complex organisational structures and processes

- Strong capabilities in documenting business processes and compliance measures with clarity and precision

- Understanding of risk-based approaches and assessments as well as control design and implementation in Risk and Compliance

**Values and behavioural expectations**

This isn’t just a job, it’s a revolution

- Proactively Seeks Opportunities: Identifies areas for improvement in processes and documentation, works on solutions to enhance customer experience, and suggests fixes for recurring errors.

- Embraces Change and Demonstrates Adaptability: Stays updated with recent changes, readily embraces new processes, and adapts quickly to shifting priorities while maintaining quality and focus.

- Team Participation: Actively contributes to team discussions, collaborates to solve challenges, is receptive to feedback and able to provide feedback to peers.

We get it done

- Overcomes Blockers: Quickly identifies roadblocks, leverages critical thinking to find solutions, and takes decisive action to prevent delays or issues from escalating.

- Takes Ownership: Takes full responsibility for assigned tasks, maintains up-to-date product knowledge, and continuously drives performance i