Compliance Senior Specialist - Sanctions at Wise

Austin, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

05 Feb, 26

Salary

0.0

Posted On

07 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Sanctions Experience, OFAC Regulations, UK Regulations, EU Regulations, Attention To Detail, Multitasking, Interpersonal Skills, Written Communication, Verbal Communication, Legal Research, Investigative Research, SWIFT Payments, Trade Finance, Cross Border Payments, Team Player, Ethical Standards, Confidentiality

Industry

Financial Services

Description

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 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 multi-currency banking. The Sanctions Investigations and Reporting team serves as the sanctions subject matter experts responsible for reviewing and investigating all potential violations of OFAC, E.U., UK and other sanctions programs processed through Wise. This includes: reviewing and final approval regarding escalated alerts on transactions and matches to the OFAC, E.U., UK and any other applicable lists and programs; reviewing and approving licensed transactions; reporting blocked property and rejected transactions to the respective regulatory agencies; drafting and filing Voluntary Self-Disclosures to OFAC; investigation into potential circumvention attempts; advising teams on sanctions related issues and sanctions incidents; and coordinating with the Team Lead on ad-hoc sanctions projects, as appropriate. Duties and responsibilities: Investigate and provide final decisioning on escalated sanctions cases for Level 3 review Use investigative tools and web research to analyze vessel movements, beneficial ownership, and potential sanctions links to discount or identify potential sanctions concerns. Prepare and review draft sanction filings including block and reject reports to HM Treasury, OFAC, EU and other jurisdictional regulatory agencies Provide advice and subject matter expertise on sanctions related issues, acting as a point of escalation for teams within Wise Help to facilitate governance over sanctions lists/screening framework Identify sanctions compliance issues/concerns and make suggestions and/or take corrective action to implement solutions to improve controls/operations. Assist in the review of sanctions related regulatory examination and internal audit deliverables. Assist in the provision of sanctions related training for employees as needed. Assist with drafting sanctions procedures Skills/requirements: Minimum 2 years of sanctions experience Strong knowledge of OFAC, UK and EU sanctions regulations. Strong attention to detail. Ability to multitask and manage multiple deliverables and a range of sanctions risk management responsibilities. Strong interpersonal, written and verbal communication skills. Conduct legal and investigative research utilizing open-source research systems. An understanding of SWIFT payments, trade finance and cross border payments Proven track record of taking ownership and responsibilities as well as being a great team-player We're people without borders — without judgement or prejudice, too. We want to work with the best people, no matter their background. So if you're passionate about sanctions and keen to join our mission, you'll fit right in. High ethical standards, respect for confidentiality and privacy. You are able to persevere in a fast paced environment Additional Information 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.

Responsibilities

Investigate and provide final decisioning on escalated sanctions cases, utilizing investigative tools and web research. Prepare and review draft sanction filings and provide advice on sanctions-related issues.