Group AML Senior Specialist

As a Group AML Senior Specialist at Wise you will help shape Wises Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF) strategy and framework including Transaction Monitoring AML Investigations and AML Reporting. This role sits within Wises Group Financial Crime Risk and Compliance Team positioned within the 2nd Line of Defence. This role is pivotal in ensuring Wises compliance with global financial crime regulations as well as ensuring Wises AML and CTF systems and controls are robust and effective in mitigating financial crime risk.

Key Responsibilities

Governance & Oversight

• Support in the development of Group AML & CTF policies ensuring alignment with international financial crime regulatory requirements (e.g. FATF UK Bribery Act US FCPA etc).

• Oversight of results from and collaboration with Financial Crime Quality Assurance (QA) Financial Crime Compliance Monitoring and Testing (CMT) and Internal Audit (IA).

• Support the Group Financial Crime Governance & Risk Team with the development and monitoring of AML & CTF Management Information (MI) resulting in the publication of trend analysis reports on a global and regional level for senior management.

• Support the Group Financial Crime Governance & Risk Team with oversight on Global AML & CTF issues and incidents including raising self identified issues the review and approval of action plans due dates and the validation of actions.

• Ad-hoc attendance at relevant AML & CTF related forums (i.e. quarterly planning sessions Ops Steer etc).

Risk Management

• Support in the development and maintenance of Wises AML & CTF typology mapping to ensure Wise has a globally comprehensive view of the financial crime risks that are relevant to it and work with Product Compliance to ensure coverage thereof.

• Ongoing check/challenge/oversight of Wises Customer Risk Scoring Model and Transaction Monitoring systems to ensure they are designed and operating effectively 

• Support the Group Financial Crime Governance & Risk Team with:

• Advising on the development and maintenance of the:

  • Country Risk Assessment;

  • Industry Risk Assessment;

  • Customer Risk Scoring Model;

  • AML & CTF Risk Taxonomies; and

  • AML & CTF Key Risk Indications (KRIs) and Key Performance Indicators (KPIs).

Advisory and Support

You will be responsible for collaborating with a number of Group and Regional Teams across Compliance Product Compliance Product and FinCrime Operations this includes:

• Providing AML & CTF subject matter expertise (i.e. remediation programmes leading the response to general ad-hoc compliance escalations etc).

• Reviewing and approving new AML & CTF systems and controls as well as material changes to existing AML & CTF systems and controls ensuring systems and controls align with global regulatory requirements as well as effectively mitigating financial crime risk.

• Supporting Product and Product Compliance on large-scale AML & CTF initiatives requiring cross-functional collaboration.

• Reviewing and approving Product Risk Assessments conducted by Product Risk and Compliance ensuring the assessment appropriately identifies and mitigates money laundering and terrorist financing risk as well as aligning with Regional Compliance Teams. 

• Supporting Regional Financial Crime Compliance Teams in relation to any AML & CTF tasks reviews escalations and breaches.

• Assisting on ad-hoc reviews assessing the adequacy and effectiveness of Wises AML & CTF systems and controls identifying enhancement opportunities and providing detailed recommendations.

Knowledge and Awareness

• Support in the review and approval of AML & CTF related procedures and operational guidelines.

• Support the Knowledge Delivery Team and FinCrime Ops developing AML & CTF training needs assessments and skills assessments.

• Support the Knowledge Delivery Team with the oversight and approval of group-wide AML & CTF training material ensuring the material is adequate and up-to-date as well as monitoring training completion.

• Support the Knowledge Delivery Team with the oversight and approval of role-specific AML & CTF tailored training.

Qualifications :

• 3 years experience in financial crime compliance specifically in AML & CTF with a focus on consumers and legal entities and with a global financial organisation and/or consultancy. Relevant certifications (e.g. ACAMS ICA) are preferred.

• In-depth knowledge of global AML & CTF (financial crime) regulations risk management frameworks and control environments.

• Excellent communication skills with the proven ability to collaborate with a wide-number of people and the capability to influence cross-function teams and senior stakeholders.

• Proven ability working independently and supporting on a range of CDD & EDD initiatives projects and reviews.   

• Strong analytical skills with the ability to assess financial crime risks.

• International travel might be required.

Additional Information :

- Salary range: 49000 to 67000 per annum RSUs

- Hybrid working - 3 days in the office 2 working from home

- Working hours - 9am to 6pm

- Office location - EC2A 4JE

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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.

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Remote Work :

No

Employment Type :

Full-time