Partner Risk Monitoring Specialist at Wise

Austin, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

02 Jul, 26

Salary

103000.0

Posted On

03 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Compliance, Due diligence, Risk assessment, KYC, Financial crime compliance, Sanctions risk, Regulatory requirements, Onboarding, Business process documentation, Risk mitigation, Stakeholder management, Analytical skills, Communication, Financial services, Fintech

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 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 Requirements Excellent verbal and written English skills (additional language skills are a plus) with the ability to clearly articulate your thoughts. A minimum of 3+ years of financial services industry compliance experience, preferably at a bank, trading, payments, or fintech institution Strong experience in due diligence, financial crime compliance, and risk mitigation (e.g. sanctions risk) 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 Nice to Have Correspondent banking experience ICA/ACAMS certifications Values and behavioural expectations This isn’t just a job, it’s a revolution. Proactively Seeks Opportunities: Identifies areas for improvement in processes and documentation, works on solutions to enhance customer experience, and suggests fixes for recurring errors. Embraces Change and Demonstrates Adaptability: Stays updated with recent changes, readily embraces new processes, and adapts quickly to shifting priorities while maintaining quality and focus. Team Participation: Actively contributes to team discussions, collaborates to solve challenges, is receptive to feedback and able to provide feedback to peers. We get it done. Overcomes Blockers: Quickly identifies roadblocks, leverages critical thinking to find solutions, and takes decisive action to prevent delays or issues from escalating. Takes Ownership: Takes full responsibility for assigned tasks, maintains up-to-date product knowledge, and continuously drives performance improvement to meet or exceed KPIs. Enables team success: Works collaboratively to ensure team goals are met. Shares knowledge and resources, ensuring everyone has the tools and information needed to succeed. Data Driven: Demonstrates an understanding of data to measure and quantify the impact of their work. Analyses performance metrics to identify areas for improvement and supports decisions with relevant and reliable data. Customer > team > ego. Customer Satisfaction: Prioritises customer satisfaction over personal preferences, actively listens to customer feedback, and advocates for their needs within the organisation. Team Collaboration: Focuses on team success, recognizes contributions from all team members, and maintains humility to foster a collaborative work environment. No drama, good karma. Professionalism and Interpersonal Skills: Approaches interactions with a positive and constructive attitude, is ethical and fair, maintains respect and professionalism even in challenging situations. Transparent Communication: Demonstrates great listening skills, empathy, and patience, and communicates honestly and transparently, focusing on solutions. Gives and receives timely and specific feedback to support growth and impact. Fosters a Supportive Environment: Challenges arguments, not individuals, to promote healthy discussions. Recognizes personal limits and seeks help when needed, encouraging a culture where asking for assistance is welcomed. 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. Compensation: USD 80000 - USD 103000 - yearly

Responsibilities

You will manage the onboarding process for banks and online platforms, conducting thorough due diligence and risk assessments to ensure regulatory compliance. Additionally, you will collaborate with internal stakeholders to develop and improve compliance policies and procedures.