Senior Product Compliance Manager - Europe

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 life 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.

Learn more about our mission.

Job Description

Wise has already pioneered new ways for people to transfer money across borders and currencies. Our customers can also manage their hard-earned money with the World’s first platform to offer true international multi-currency accounts.

We are looking for a candidate ready to leverage their EU and Belgian regulatory legal experience in a dynamic, fintech environment. This is an exciting, hands-on opportunity working directly with product managers, analysts and engineers to launch and manage compliant products. 

Your mission: 

Your mission is to enable Wise's EU product teams to launch new products and manage our risk profile through a deep understanding of the regulatory requirements and Regulator’s expectations around them.

Although sitting in the 1st line of defence, this is NOT an operational compliance role, instead, you'll work close with Product and Engineering teams to build compliant by design products, bridging the gap between product development and regulatory compliance requirements.

Here’s how you’ll be contributing to the Regulatory Product Compliance team, in the first line: 

Collaborate on Product Design:

• Empower Product Teams to build risk based products, processes, and controls; 
• Perform pre-launch and ongoing product compliance legal and regulatory analysis and risk assessments; 
• Collaborate to design scalable, practical and customer-oriented product solutions while ensuring full compliance of the product with regulatory requirements;
• Offer effective advice to Product Managers on existing and forthcoming Regulations, gaps, and risks. 

Manage and Mitigate Regulatory Risks and the Control Environment: 

• As part of the EU Product Compliance & Risk Team, you will identify and manage Regulatory Risks across all products offered to and for customers in the EEA;
• Oversee the control environment for Europe, designing effective, creative and targeted controls and evaluating the residual risk exposure;
• Collaborate with Compliance colleagues, to ensure Wise Product Teams are constantly aware of the most recent regulations and guidance; and
• Work with Product Teams and the wider Risk & Compliance Team to implement and maintain Management Information that enables Wise to make informed decisions at the regional and Global levels. 

Audit, issue management and remediation: 

• Conduct audit management and, where required, challenge audit findings in collaboration with Compliance second line and Product teams; 
• Develop and deliver effective issue management to mitigate regulatory risks;
• Represent Wise in meetings with Banking Partners and Central Banks, being able to clearly and effectively articulate Wise’s products and compliance framework.

Qualifications

Apply if you have:

• A legal background and Financial Regulation advisory experience, interpreting EU regulations;
• Experience with regulations like: PSD2, NBB Circulars, EBA guidelines and other EU regulations relevant to our product suite (payments, cross-border transfers, multi-currency account, etc);
• Ability to analyze, interpret and effectively apply complex regulatory frameworks;
• Ability to effectively communicate with Product Managers and Engineers and provide practical, actionable, and valuable recommendations;
• Problem solving attitude, with the ability to use regulations together with data to drive business decisions; 
• Experience (or interest) in working in a fast-growing environment and working directly with product teams;
• Willing to travel, as Wise offices are located across different countries; and
• Great English communication skills (speaking and writting);
• Legally authorized to work in the the EU (Belgium)

Extra skills that would be great (but are not mandatory): 

• Able to speak French or Dutch fluently.
• Previous experience in a financial institution regulated in Belgium.
• Previous experience as a consultant in the financial sector in Belgium.

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