As a Partner Risk Monitoring Specialist, you will play a critical role in ensuring that Wise adheres to regulatory and compliance requirements. You will be responsible for monitoring our banks and online platforms partnering with Wise at Wise Platform. 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 monitor the compliance activity of our banks and online platforms, assessing that partners onboard customers to our platform according to their compliance policies, Wise’s requirements and these meet our regulatory obligations.
Job Responsibilities:
Perform ongoing monitoring measures applicable to Wise Platform partners in accordance with internal policies and procedures
Assessing customers’ risks and applying risk-based approach methodologies
Perform ongoing risk monitoring on complex and high risk customers, document and provide thorough analysis on potential risks and apply appropriate mitigation measures by analyzing their business activities, compliance programs and controls
Assess the customer’s potential reputational and financial crime risk to Wise from Sanctions, PEP, and adverse media perspective
Escalate and report compliance concerns to Financial Crime Oversight and other compliance teams where necessary
Communicate with other internal teams when required to handle escalated or complicated cases
Provide guidance and responses to daily inquiries from peers, front-line and management regarding case analysis, when appropriate
Maintain a high understanding of AML/CFT Regulations, KYC/B requirements and how these impact the business, as well as Wise products and Services
Have a deep understanding of different business models, customer types, country risks and regulatory requirements across multiple geographies
KPIs: Perform your tasks and responsibilities within the expected key performance indicators set by the leadership team