Financial Crime Product Compliance

2 weeks ago


Singapur, Singapore WISE ASIA-PACIFIC PTE. LTD. Full time

We're looking for a Financial Crime Product Compliance & Risk Manager to join our growing Product Compliance & Risk team in APAC (South-East Asia) and launch new products, grow our presence, and protect our existing licenses and products in South-East Asia through a deep understanding of the FinCrime requirements and regulators' expectations around them. This role is hands-on, a unique opportunity to have an impact on Wise's mission and help save millions more people money.This is a first line Product Compliance & Risk role, embedded in the APAC Product Squad and working closely with the FinCrime Squad. You, in collaboration with APAC and Fincrime Squad, will be responsible for:Creating and improving our amazing products in a compliant way: Deeply understand regulatory FinCrime needs, translate this into solutions and work together with the Product Teams to build compliant new products and services in a customer oriented way; Perform FinCrime risk assessments of new products and services, and ensure that related controls are implemented consistently prior to launch; and Enable product teams to adopt a risk-based approach in developing products, processes, and controls. Regulatory risk and remediation: By understanding both the Wise product deeply enough and the local regulatory expectations - support Product and other teams on how to interpret regulatory FinCrime requirements, and improve processes and our product to avoid regulatory breaches and/or incidents; and In collaboration with second line Compliance and Risk teams, identify and align on the main FinCrime issues and risks in South-East Asia. Present this in a very clear and understandable way to the wider teams, to work with them on defining the solutions and how this should be executed. Maintain an enterprise wide view of risk: Escalate breaches and FinCrime risks to Compliance Oversight in order to help maintain an enterprise wide view of Wise's FinCrime risk environment; Identify related risk typologies and ensure that the relevant specialist teams (i.e. Financial Crime subteams) have provided input into the product lifecycle; Assist Product Teams in developing and maintaining track of relevant risks across their product, including mitigation plans, action owners and timelines to completion. Third Party Relationships: Represent Wise in external meetings and being able to clearly and effectively articulate Wise's FinCrime framework; Provide input on FinCrime related matters, always representing Wise customer-oriented culture while ensuring compliance. QualificationsMust have: Expert in financial crime compliance, having a background in Financial Crime Regulation in one or more countries in South-East Asia Previous hands-on experience in FinTech or previous financial regulation role (e.g. consultancy, Compliance) Ability to analyse and interpret complex regulatory frameworks and apply them effectively; Problem solving attitude, with the ability to use regulation together with data to drive business decisions; Strong executor, that drives and delivers cross-functional project from inception to completion, timely and with attention to the details; Fluency in English. Legally authorised to work in Singapore. Willingness to travel, as Wise offices are located across different countries; Other preferred skills: A true team player with a collaborative spirit and the ability to work effectively with different stakeholders, such as Product and Compliance; Passionate to help solve problems and build best-in-class products for customers; Ability to effectively and clearly communicate and provide practical, actionable, and value added recommendations; Fluency in other languages in South-East Asia will be a plus.



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