Financial Crime Investigator
BinanceSalary not specified
Full Time
Junior (1 to 2 years)
SGD 114,000 – SGD 150,000Compensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
FinTech, Financial ServicesIndustries
Requirements
- Expert in financial crime compliance, with a background in Financial Crime Regulation in one or more countries in South-East Asia
- Previous hands-on experience in FinTech or a previous financial regulation role (e.g., consultancy, Compliance)
- Ability to analyse and interpret complex regulatory frameworks and apply them effectively
- Problem-solving attitude, with the ability to use regulation together with data to drive business decisions
- Strong executor that drives and delivers cross-functional projects from inception to completion, timely and with attention to details
- Fluency in English
- Legally authorised to work in Singapore
- Willingness to travel, as Wise offices
Responsibilities
- Deeply understand regulatory FinCrime needs, translate them into solutions, and work with Product Teams to build compliant new products and services in a customer-oriented way
- Perform FinCrime risk assessments of new products and services, and ensure related controls are implemented consistently prior to launch
- Enable product teams to adopt a risk-based approach in developing products, processes, and controls
- Support Product and other teams on interpreting regulatory FinCrime requirements, and improve processes and products to avoid regulatory breaches and/or incidents
- In collaboration with second line Compliance and Risk teams, identify and align on main FinCrime issues and risks in South-East Asia; present them clearly to wider teams and define solutions and execution
- Escalate breaches and FinCrime risks to Compliance Oversight to maintain an enterprise-wide view of Wise’s FinCrime risk environment
- Identify related risk typologies and ensure relevant specialist teams (e.g., Financial Crime subteams) provide input into the product lifecycle
- Assist Product Teams in developing and maintaining track of relevant risks across their product, including mitigation plans, action owners, and timelines to completion
- Represent Wise in external meetings and articulate Wise’s FinCrime framework clearly and effectively
- Provide input on FinCrime-related matters, representing Wise's customer-oriented culture while ensuring compliance
Skills
FinCrime Compliance
Risk Assessment
Regulatory Compliance
Product Compliance
Financial Crime Risk
Controls Implementation
Regulatory Risk Management
AML
KYC
Wise
Facilitates low-cost international money transfers
About Wise
Wise focuses on international money transfers, providing a low-cost alternative to traditional banks. It uses a peer-to-peer system to match transfers between users in different countries, which helps reduce fees and offers better exchange rates. Customers pay a small, transparent fee for each transaction, and Wise also offers a multi-currency account for managing funds in various currencies. The company aims to maintain high performance and reliability while ensuring transparency and trust with its users.
London, United KingdomHeadquarters
2011Year Founded
$385.5MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
5,001-10,000Employees
Benefits
PTO & annual leave
Work from home flexibility
Parental leave
Medical insurance plans
Health & wellbeing discounts
Pension & retirement plans
Social events
Relocation support
Risks
Increased competition from banks integrating Swift services could challenge Wise's market share.
Regulatory scrutiny following Stenn's collapse may increase pressure on Wise.
Bitcoin's low transaction fees could attract customers away from Wise's services.
Differentiation
Wise offers a peer-to-peer system for low-cost international money transfers.
The company provides a multi-currency account for ex-pats, freelancers, and travelers.
Wise's transparent fee structure attracts customers seeking cost-effective money transfer solutions.
Upsides
Partnership with Morgan Stanley enhances Wise's cross-border settlement capabilities.
Expansion into India's remittance market presents significant growth opportunities for Wise.
API integrations offer additional revenue streams and market penetration for Wise.
Related Jobs
RemoteRemoteStaff Product Manager - Vendor Risk Management
Vanta$221,000 - $260,000/year
- Full Time
- Expert & Leadership (9+ years)
RemoteActuary, Risk and Compliance
HumanaSalary not specified
RemoteProduct Safety Compliance Specialist
Thermo Fisher ScientificSalary not specified
- Full Time
- Mid-level (3 to 4 years)