Product Compliance Manager - APAC Wise Platform at Wise

Singapore

Wise Logo
SGD 111,600 – SGD 148,800Compensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Financial Services, TechnologyIndustries

Requirements

  • At least 6 years experience in regulatory and/or financial crime compliance within a financial technology company (bonus if focused on correspondent banking, remittance, financial services partnerships across APAC markets)
  • Ability to analyse and interpret complex regulatory frameworks and apply them effectively
  • Great prioritisation skills to balance compliance needs with business growth in a high-speed environment
  • Problem solving attitude, with the ability to use regulation together with data to drive business decisions
  • A natural owner that drives and delivers projects to completion proactively, timely and with attention to the details
  • (Nice to have) A team player with a collaborative spirit and the ability to work effectively with different stakeholders such as Product, Commercial teams and Compliance
  • (Nice to have) Ability to effectively and clearly communicate and provide practical, actionable, and value added recommendations
  • (Nice to have) Willingness to travel, as Wise offices are located across different countries

Responsibilities

  • Deeply understand regulatory needs, translate this into solutions and work with Product teams to enable compliant product innovation and commercial viability with partners
  • Perform regulatory analysis of new products and partnerships ensuring proper controls are implemented before launch
  • Assess local regulatory requirements in APAC markets to influence product roadmap and feasibility of new partnerships
  • Support the Wise Platform team on how to interpret regulatory requirements, improve products and partnerships to avoid regulatory breaches and/or incidents by understanding both the Wise product and local regulatory expectations
  • Collaborate with second line Compliance and Risk teams to identify and align on the main regulatory issues and risks for APAC Wise Platform
  • Present regulatory issues and risks in a clear and understandable way to wider teams, and work with them on defining solutions and execution

Skills

Product Compliance
Regulatory Analysis
Risk Assessment
Fintech Regulations
APAC Markets
Product Roadmap
Partnership Management
Controls Implementation

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.

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