Head of Financial Crime & MLRO - Germany

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 are seeking a highly skilled and experienced Head of Financial Crime and Money Laundering Reporting Officer (MLRO) to join our team in Germany.
• The candidate will be responsible for overseeing and managing the institution's compliance with financial crime compliance regulations.
• This role requires a deep understanding of Financial Crime requirements, risk management, and effective communication with regulatory authorities.
• The candidate will play a crucial role in safeguarding the institution against financial crime and countering terrorism financing.

Your mission:

Financial Crime Compliance:

• Ensure the institution's operations comply with German, relevant EEA, and International AML/CTF laws and regulations
• Serve as the main point of contact with regulatory bodies in Germany and law enforcement agencies concerning AML/CTF issues, including the submission of suspicious activity reports (SARs) and other related reports

Risk Assessment and Management:

• Implement, and maintain a comprehensive financial crime and regulatory compliance risk management framework to identify, monitor, and mitigate potential risks
• Conduct regular risk assessments and audits to ensure the effectiveness of the AML/CTF controls in place

Policy Development and Implementation:

• Develop, maintain and implement local jurisdiction compliance policies and procedures to ensure compliance with legal and regulatory changes
• Collaborate with senior management to integrate compliance considerations into the strategic development of new products and services

Reporting and Analysis:

• Prepare and submit detailed regulatory reports to senior management and relevant authorities, summarising key findings, trends, and compliance metrics

Training and Awareness:

• Design and deliver regular training programs for employees, fostering a culture of compliance and raising awareness about compliance obligations
• Ensure all staff understand their

responsibilities

under the financial crime compliance framework and know how to report suspicious activities

Collaboration and Communication:

• Collaborate with internal teams, such as compliance, legal, and operations, to ensure a coordinated approach to regulatory and financial crime compliance
• Maintain open lines of communication with European and global compliance officers to share best practices and stay informed of industry developments

A bit about you:

• Minimum of 7 years of experience in financial crime compliance, preferably within the financial services or payments industry
• Proven track record of successfully managing regulatory relationships and compliance programs
• In-depth knowledge of German and EEA AML/CTF regulations, and an understanding of the latest trends and challenges in the field
• Strong analytical and problem-solving skills with attention to detail in reviewing complex transactions and identifying red flags
• Excellent communication and interpersonal skills to effectively interact with regulatory authorities, internal teams, and external stakeholders
• Proficiency in data analysis tools
• Ability to work independently, prioritise tasks, and manage multiple projects simultaneously
• Fluent in German and English; additional language skills are advantageous

Additional Information

All your information will be kept confidential according to EEO guidelines.

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 .