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WISE

Senior Regulatory Compliance Manager - Payments

Posted Yesterday
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Hybrid
London, England
Senior level
Hybrid
London, England
Senior level
The role involves providing regulatory advice, managing escalations, conducting regulatory analysis, and developing compliance policies for Wise's UK EMI and investment firms.
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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.

Job Description

We’re looking for a Senior Regulatory Compliance Manager to support our UK Electronic Money Institution (EMI) and investment firm by providing regulatory advice and objective check and challenge to enable Wise to scale its UK businesses compliantly.  

Based in London, you will work with a growing team of multidisciplinary specialists (Risk, Legal, Product, Treasury, Security, Marketing) across the globe. You’ll help manage and strengthen the team’s approach to scaling products in compliance with regulations, managing the regulatory risks and developing governance and oversight arrangements. 

 

Your Mission: 

  • Advise the business on regulatory requirements related to our UK EMI and investment businesses, particularly the Payment Services Regulation, Electronic Money Regulation, and applicable sections of the FCA handbook related to payments

  • Handle escalations from first line teams on product developments, incidents and issues

  • Provide check and challenge to regulatory analysis, regulatory risk assessments and controls provided by our first line Product Risk and Compliance team

  • Support first line teams to identify and mitigate regulatory risks

  • Conduct regulatory analysis on upcoming changes to the regulatory perimeter and advise first line teams on their implementation plans to ensure they achieve compliance

  • Draft regulatory compliance policies and guidance

  • Work closely with the wider regulatory team to manage our policy framework, regulatory engagement and reporting

  • Work with the first line business owners to ensure findings from audits and monitoring and testing are remediated efficiently and effectively

  • Provide regulatory training and self-help materials to assist first line teams to comply with regulatory obligations and compliance policies

 

A bit about you:

Our ideal candidate will have a regulatory advisory background, great communication and organisational skills, tons of motivation and positivity.  More specifically, we’re looking for someone who can demonstrate they have these attributes:

  • Theory: You have a working knowledge of regulatory requirements relating to payment services excluding financial crime regulations. 

  • Practice: You have experience providing regulatory advice and mitigating regulatory risks relating to payments

  • Passion: You are a problem-solver. You get a kick out of finding innovative solutions and collaborating with different teams to deliver a mission and enable sustainable growth.

  • Get the job done: You’re a strong relationship builder across all levels of the business and externally.  You have the ability to influence others and empower teams to comply with regulatory requirements and mitigate regulatory risks, whilst enabling growth.

  • Responsibility: You have a sense of urgency and an ability to work well under pressure, prioritising, taking responsibility and accountability for your work.

  • Communication: You have strong written and verbal communication skills. You are able to deliver complex regulatory analysis and advice verbally and in writing. You are also able to understand advice, analysis and regulatory risk assessments produced by others and provide constructive feedback and objective challenge.

  • Leadership and mentoring: You have experience managing or mentoring other employees and enabling them to develop their knowledge and skills.

  • Travel: The role is London-based, but many of our teams are located across different office locations.  You’ll be ready to travel at least on a quarterly basis. 

Additional Information

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.

Keep up to date with life at Wise by following us on LinkedIn and Instagram.

Top Skills

Electronic Money Regulation
Fca Handbook
Payment Services Regulation

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