Head of Compliance Australia & New Zealand

Head of Compliance Australia & New Zealand

Since 2011, we’ve had a clear mission: money without borders. Built by and for people who live global lives, we’re the fairest, easiest way to manage your money across borders. We’re just at the beginning of our story and we’re growing at an incredible pace. We won’t stop until anyone, anywhere can send, spend and receive money wherever they are, whatever they’re doing. There’s still heaps to do and we can’t do it alone. We’re looking for a Regulatory Compliance Lead for Pacific (Australia and New Zealand). Based in Sydney , you will work with a growing team of multidisciplinary specialists (Product, Treasury, Bank Product, Security based in our offices in APAC and HQ in London) to help build world class products in the Pacific. You’ll help manage and strengthen the team’s relationships with regulators by having a clear overview of our regulatory requirements and how we meet them through our products, processes and controls. You’ll have ultimate responsibility for maintaining our Pacific regulatory authorisations and ensuring that these remain appropriate for our product offerings and features.

Your mission:

• Be accountable, for the build and execution of an effective and scalable Compliance oversight programme for the Pacific region.
• Lead and inspire a team of Compliance professionals across Australia and Singapore, that oversee both regulatory and financial crime compliance.
• Build trust with our regulators : as a senior leader you are responsible for overseeing the relationship with our regulators in the markets and working with your team to develop an effective regulatory engagement plan that considers both the routine as well as the proactive engagement strategy that you design.
• Comfortably engage in the details of projects and be able to provide technical compliance support across your immediate team and the region, being able to step in and do the job if needed.
• Manage the relationship with Wise Australia’s Board with regards to Compliance matters, by being able to speak to the detail of projects and cases.
• Collaborate with our Internal Audit function , to ensure that our assurance processes are aligned and appropriate.
• Own, maintain and update existing Pacific compliance frameworks, policies and documentation and build these out to support new products, including our new
• Monitor our regulatory and financial crime risk , and be able to develop response plans where needed.
• Build out and strengthen our existing control framework through implementing clear and auditable processes that are consistent with regional requirements.
• Take on and own new challenges that arise in any area of the compliance programme on a project basis. Take a problem-solving approach, whether designing a new process to be implemented or driving an effort for multiple teams to work together to meet new regulatory requirements.
• As an accountable person under the Banking Executive Accountability Regime (BEAR) holder which will move to FAR , you will collaborate with other senior leaders in the region to collectively solve problems.

This role will give you the opportunity to:

• Develop an in-depth knowledge of Wise’s business and get to know many teams across the company as you liaise with them to help them understand the regulatory framework and bring together the information that our regulators need.
• Help keep compliance right at the heart of our product developments by managing our compliance obligations across APRA, ASIC and AUSTRAC, managing regulatory change, driving second line monitoring and oversight, and providing assurance to Group SLT, Wise Australia Board and Group Board. Support new initiatives by ensuring new initiatives are compliantly launched. .

A bit about you:

Our ideal candidate will have a background in managing compliance with financial regulation, great communication and organisational skills, tons of motivation and positivity. More specifically, we’re looking for someone who can demonstrate they have these attributes:

• Theory. You are an expert in regulatory and fincrime compliance (or both) having a background in Financial Regulation and a thorough knowledge of regulations in Australia and ideally New Zealand.
• Practice. You have worked in a Financial Regulation advisory role or in a Compliance team and have dealt with regulators on a regular basis. You have demonstrable experience designing and challenging processes, ideally across multiple products. You have experience in dealing with regulatory audits, FIU reporting, suspicious transaction monitoring etc. You understand how to build and maintain a good working relationship with regulators, policymakers etc.
• Passion. You get a kick out of improving current practices and processes and have the drive to apply different compliance strategies to develop multiple compliance frameworks. You have thought deeply about the Wise mission and how it intersects with compliance.
• Get the job done. You are a problem-solver. You have a sense of urgency and an ability to work well under pressure, prioritising, taking responsibility and working to tight deadlines.
• Communication. You’re a strong relationship builder across all levels of the business and externally. You lead by example and can demonstrate the Wise values in all your actions.
• Development. You’ve considered the challenges and development opportunities of working at a fast growing scale-up and are looking to get into FinTech or payments compliance.

What we offer in return:

Salary (annual) $1 — $1 AUD We’re people 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. Every Wiser should feel that they can be themselves at work. Inclusive teams help us live our values and make sure every Wiser feels respected, empowered to share their contributions towards mission zero and able to progress in their careers. Having diverse teams that reflect our diverse customer base helps us build a better product. We can be more creative and empathetic to our customer’s needs and life experiences and makes sure we leave no-one behind on our journey to mission-zero. If you want to find out more about what it’s like to work at Wise visit Wise.Jobs . How we work Our mission Compensation and stock Career development Benefits How we work At Wise, we work differently and we’re proud of it. Here you’ll have bucket loads of freedom, responsibility and autonomy. In practise, this means working in autonomous teams. Working this way helps us move at speed and achieve our mission faster. Current banking systems don’t let us send, spend or receive money across borders easily. Or quickly. Or cheaply. So we’re building a new one. We’ve come a long way, but we’re only just getting started. At Wise, all our employees have a share in our mission and the responsibility to make our product a success. Our team’s priority is to ensure our compensation packages are competitive, fair and transparent. Stock is one of the ways we share the value of our growth and is a key part of our compensation package. But how does stock work? Find out ???? There are many ways in which you can progress at Wise, but we’re all encouraged to drive our own development and to grab the right opportunities. What you can accomplish here isn’t set by your job title or your previous experience. Read more about it from our employees ???? Yes, you’ll get the usual stuff like a laptop, holidays and a salary but we don’t just want to sell you a list of benefits. We’d like to explain a bit more about why we offer what we do. Read on to find out more. #J-18808-Ljbffr