Risk Manager, Wise
+ RSUs.
Relocation expenses covered
1-5 days a week in office
Money without borders
Job no longer available
Money without borders
1001+ employees
Job no longer available
+ RSUs.
Relocation expenses covered
1-5 days a week in office
1001+ employees
Company mission
We’re on a mission. And it’s money without borders. Instant, convenient, transparent and — eventually — free.
Role
Who you are
- You have worked in the financial services / banking / fintech sector. You have a keen interest and proven experience in payment services, and operational controls and reporting
- You have a working knowledge of the US payment rails ACH, Fed Wire, RTP, Fed Now
- You are comfortable with data analysis and data-driven problem solving and solutionising. Looker and Superset experience is a definite plus
- You have experience across enterprise risk management, inherent and residual risk assessment, risk reporting
- You have experience across the operational risk spectrum including payment operations, ACH payment rails, security, third party, conduct, fraud
- You have experience supporting risk assessments and/or operational risk event capture and analysis and finding new and innovative ways to do things
- You have project management experience with the ability to develop project plans, establish clear objectives, and drive execution to achieve desired outcomes
- You have strong problem-solving, decision-making, and analytical skills to navigate complex situations and make data-driven decisions
- You have excellent verbal and written communications skills, and are proficient at drafting concise executive style narratives for risk committees and board reporting
- You’re resilient and comfortable working independently in a fast paced environment where the day to day job differs
- You are hands-on, a strong influencer, stakeholder manager, great at execution, and focussed on the detail
- You’re curious and collaborative - you’re great at asking incisive questions to pick things up and act on them quickly
What the job involves
- You will help to shape the future of Wise across the Group
- We're looking for a Risk Manager to join our North America Risk Team
- In this second line of defense role, you'll give support to Wisers in rolling out and embedding core elements of the risk management framework, with a focus on operational risk
- We need to make sure we're identifying the right risks and growing in control, but we want to do so whilst continuing with our agile "test and learn" approach to launching products
- You will build and support the implementation and day-to-day management of the operational risk framework, provide guidance on events, support risk assessments, help assess the impact of control gaps, and use data analytics to help build the right risk reporting dashboards
- Supporting our risk leadership team on key projects that have an impact across the business regionally and globally
- Supporting the implementation and operation of our operational risk management framework, including embedding of the risk and control self assessment process, risk incident post mortems and issues management, including impact assessment to help with remediation prioritisation, risk assessment of new product and growth initiatives governance, and more
- Partnering with ‘first line’ teams across the business to support the design and launch of new products and features by ensuring that key risks are identified and mitigated prior to launch
- Managing and following up on operational risk events and issues that occur
- Support first line teams in documenting, solutioning, and impact assessment and prioritisation of control gaps
- Ongoing oversight of issue remediation activities using our risk management tool (Audit Board) to ensure appropriate risk focused prioritisation, and help validate closure of remediated issues
- Conduct in-depth reviews, risk assessments and control mapping across our most material risks
- Create dashboards using data analytics tools (Looker and Superset) to report on losses and key risk indicators in order to help set risk tolerance thresholds and identify actionable insights
- Coordinate the quarterly residual risk assessment process across the risk taxonomy, including loss and incident reporting, to inform our regional risk profile for reporting to local and global risk committees, and to our local board
- Promoting and helping embed a strong risk culture, making risk meaningful and relevant to everyone at Wise
Our take
Wise started when the two founders realised they would be better off trading Estonian kroons for British pounds (and vice versa) between themselves rather than going through banks. That was back in 2011, and they've since grown Wise into one of Europe's most successful tech businesses, exchanging billions of currency every month.
Wise rapidly grew by solving a significant problem for customers, who lost too much money to banks when exchanging currency. They've attracted investment from some of the best investors in the world, from Andreesen Horowitz to Index Ventures and even Richard Branson.
The challenge for Wise will be maintaining their edge and brand power in a market that's becoming increasingly crowded with new entrants (like Revolut and Monzo) and incumbents (traditional banks) trying to catch up. To do so, the company is ramping up its digital and marketing strategies, as well as pushing for further development of its existing products.
Freddie
Company Specialist
Insights
Many candidates hear
back within 2 weeks
38% employee growth in 12 months
Company
Employee endorsements
Flexible working
"I'm trusted to do my work regardless of whether I'm in the office or working from my spare room. Our mobile wiser scheme gives us the opportunity to..."
Funding (last 2 of 7 rounds)
Nov 2017
$280m
SERIES E
May 2016
$26m
SERIES D
Total funding: $396.4m
Company benefits
- Medical Insurance
- Health and Wellbeing Discounts
- 25 days holiday (excl. bank holidays) + 3 Me Days
- RSUs (Restricted Stock Units)
- 6 Week Paid Sabbatical
- Mobile Wiser - work remote for up to 90 days a year 🛫
- Parental Leave
- Pension and Retirement Plans
- Plus Many More!
Company values
- This isn’t just a job, we’re a revolution
- We get it done
- Customers > team > ego
- No drama. Good karma.
Company HQ
London, UK
Articles
Leadership
Taavet Hinrikus
(Chairman)Previously Director of Strategy for Skype.
Kristo Käärmann
(CEO)Previously a Consultant at PwC and Manager at Deloitte.
People progressing
Joined as Banking Lead, promoted to Head of Banking after 2 years, then again to Global Head of Banking.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
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Diversity & Inclusion at Wise
- Communities and safe spaces (Employee Resource Groups) – led by our Wisers so people can share experiences and information, support each other and connect on shared values
- Wise Cultural Calendar – a programme to learn and celebrate the wide range of cultures, traditions, backgrounds, and global experiences we have here at Wise. Example programmes include Pride Summer and Black History Month
- Our teams continue to set and drive their own bespoke objectives, holding themselves accountable and making sure they focus efforts where they can have the most impact
- We’re excited to partner with InChorus to collect ongoing data on our culture and enable teams to track their progress
- DEI development and training — We’re building our capability and getting everyone on the same page about DEI. Our new training programme will help new joiners and all Wisers know what DEI looks like day-to-day and how they can play their part
- Global policy review — We’re working with an external advisor to provide detailed feedback on best practices in policies by end January
- Disability inclusion – We’re building resources and support for Wisers and candidates with disabilities. Our goals is to offer practical information and support to ensure that Wise remains an inclusive environment for those impacted by a disability
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