Partner Risk Assessment Specialist

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

• As a Partner Risk Assessment Specialist , you will play a critical role in ensuring that Wise adheres to regulatory and compliance requirements.
• You will be responsible for onboarding and risk assessing banks and online platforms partnering with Wise.
• This position offers the unique opportunity to influence Wise's mission and establish partnerships that facilitate instant, borderless money for more people.

Your mission

• Wise Platform helps financial institutions and large enterprises leverage Wise's infrastructure to offer their customers world class payments products through their own platforms.
• Wise Platform is a start-up within a scale up.
• We're a cross functional team across sales, account management, product, engineering, compliance, analytics and many other functions.
• We're based across the world – from London to Singapore, Austin and beyond.
• Your primary mission will be to onboard banks and online platforms, assessing their compliance policies, producing comprehensive compliance memos to determine partner risk and hand-holding partners through their KYC journey.

Job Responsibilities

• Policy and Procedure Review:
• Conduct thorough and detailed due diligence on our banks and online platforms to assess their compliance with regulatory requirements, internal policies, and industry standards.
• Review partners' documentation, including Know Your Customer (KYC) information, legal agreements, and other relevant materials to ensure accuracy and completeness.
• Document your findings in compliance memos that summarize potential risks.
• Assist in the development and improvement of the compliance onboarding process to enhance efficiency and effectiveness.
• Onboarding New Partners:
• Manage the onboarding process for banks and online platforms, ensuring seamless integration with Wise Platform.
• Keep abreast of regulatory developments and industry best practices to ensure that the onboarding process aligns with the latest compliance standards.
• Develop and maintain strong relationships with partners to facilitate smooth onboarding and address any compliance-related queries or concerns.
• Risk Assessment and Control Recommendations:
• Evaluate and recommend appropriate monitoring controls based on the inherent risks identified during the onboarding process.
• Apply broad industry, operational risk, and regulatory knowledge to drive onboarding excellence
• Cross team collaboration:
• Collaborate with internal stakeholders, such as Legal, Risk Management, and Business Development, to obtain necessary information and approvals for client onboarding.
• Act as a SME to senior stakeholders and/or other team members related to Enterprise Due Diligence processes and compliance requirements

Qualifications

• Excellent verbal and written English skills (additional language skills are a plus) with the ability to clearly articulate your thoughts.
• A minimum of 2+ years of financial services industry compliance experience, preferably at a bank, trading, payments, or fintech institution
• Skilled in investigation and business notation, specializing in evaluating risk assessments and compliance documentation, able to make decisions based on these
• Proven experience onboarding large enterprises to financial platforms, effectively managing complex organisational structures and processes
• Strong capabilities in documenting business processes and compliance measures with clarity and precision
• Understanding of risk-based approaches and assessments as well as control design and implementation in Risk and Compliance.

Additional Information

Hiring Process

• Recruiter Screen
• 1st Interview
• Final Interview

What we offer

• 💻 Flexible working model
• 💪 An annual self-development budget
• ☀️ Paid time off: 28 days vacation + 3 "Me" days + 1 volunteer day, annually
• 🏝️ A paid 6-week sabbatical leave after four years

Click here to learn more about the benefits that we offer at Wise.

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 .