Enterprise Risk Senior Manager, Wise

ÂŁ85-115k

Senior and Expert level
London

1-5 days a week in office

Wise

Money without borders

Open for applications

Wise

Money without borders

1001+ employees

FintechB2CB2BPersonal financePaymentsForeign exchange

Open for applications

ÂŁ85-115k

Senior and Expert level
London

1-5 days a week in office

1001+ employees

FintechB2CB2BPersonal financePaymentsForeign exchange

Company mission

We’re on a mission. And it’s money without borders. Instant, convenient, transparent and — eventually — free.

Role

Who you are

  • Experience in mid-senior level risk management and working in an international setting
  • Experience with GRC Tooling and other technological means to measure risk positions and provide actionable risk analysis reporting to senior leadership
  • Experience in aligning to the other key risks across the risk taxonomy, including operational, financial and strategic risk as well as intersecting risks
  • Good understanding of systems, management information, and reporting systems
  • Demonstrated track record of second line of defence independence and challenge/ escalation where concerns are felt
  • Effective in change impact, liaison with other functions
  • Able to get stuff done - we’re a fast growing company and you will need an entrepreneurial mindset to thrive
  • Can work independently and flexibly within a fast-moving environment
  • Experience in building a team

What the job involves

  • The Enterprise Risk Senior Manager will help with the Group Risk function’s governance requirements
  • The role sits in the second line of defence and reports to the Global Head of Enterprise risk in the UK
  • You will be working closely with the Head of Enterprise risk as well as the wider risk organisation in effectively delivering an effective enterprise risk management program for Wise
  • Ensuring that there is appropriate review, update and approval of policies owned by Risk Management (2LOD), ensuring these continue to meet business, stakeholder and regulatory expectations
  • Helping to draft policies where gaps are identified, socialising as appropriate internally and seeing through to committee approval and implementation.
  • Engaging with regional Risk teams in respect of new policy development and/or amendments that require their engagement, agreement and execution, also monitoring its adequacy to regional requirements
  • Own and maintain the Enterprise Risk Methodology and Framework Policies, utilised for risk calculations across the company and determine the governance protocols for risk escalations
  • Ensuring that there is appropriate review, update, maintenance and approval of risk management frameworks across the organisation
  • Drafting (and/or supporting drafting of) of frameworks where gaps are identified, ensuring stakeholder input as well as backtesting reviews are incorporated through the development cycle and seeing through to committee approval and implementation
  • Oversight of the Wise Risk Governance process, including production of appropriate management information for risk governance boards and committees. Provide the team support in effective running the committees where needed
  • End-to-end management of the Emerging Risk oversight framework for the Wise Group
  • Working closely with the risk domain leads to ensuring risk appetite, KRIs, and risk assessments processes are adequately followed and aligned with the enterprise risk management frameworks
  • Oversee the completion and quality of Risk Assessments within the centralised Governance, Risk and Compliance (GRC) Tool - Auditboard
  • Ensuring that the logistics of risk assessments and reporting are fit for purpose and timely, aligning to committee schedules and business requirements
  • Working with domain risk leads, as well as regional risk leads, in identifying relevant escalations, deep dives and reviews necessary to take to group risk committees, as well as Audit and Risk Committee
  • Continuously improving the quality of the content shared with the board. Ensuring the content is concise, target and clear to support boards insight of risks at Wise
  • Assisting risk/control owners, product managers, risk leads, regional risk officers and wider parts of the group in correctly utilising the GRC tooling in their risk assessing
  • Helping to track and deliver progress against our principal Risk Management programme adoption, execution, and remediation milestones
  • Monitoring the output of internal audit and 2nd LOD oversight functions and coordinating any inputs needed from Group Risk in the matters or issue/incident remediation plans that impact standing risk exposures
  • Ensuring that the Group Risk is appropriately complying with regulations applicable to 2LOD risk teams and that the function operates suitable systems and controls. This would also include your involvement in driving efficiency where possible through automation, tooling and process improvements
  • Keeping up to date with industry developments and regulations relating to risk governance
  • Develop and coordinate the delivery of risk training across wise with the support of the wider risk organisation
  • Liaise with the regional risk functions as well regional business units as appropriate

Salary benchmarks

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 headshot

Freddie

Company Specialist

Insights

Top investors

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

Leadership

Taavet Hinrikus

(Chairman)

Previously Director of Strategy for Skype.

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.

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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