Product Lead - Finance at Wise

London, England, United Kingdom

Wise Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Finance, TechnologyIndustries

Requirements

  • Understanding of finance systems in either an engineering, data or product role
  • Understanding of operating in Finance organisations including financial reporting, commercials, and risk and controls
  • Multiple years of product building experience, either as a product, engineering or operations leader in a hands-on role
  • Strong individual contributor, willing to get hands dirty and build product yourself, typically with a background showing a superpower (engineer, analyst, consultant, financial, serial entrepreneur, etc.)
  • Held multiple product roles, and can draw on different experiences and roles when forming opinions and executing
  • Willingness and capability to dive into the technical architecture, engaging directly with engineers to influence ledger design, data models, and event-sourcing patterns
  • Have defined and moved KPIs with features shipped
  • Have built roadmaps for teams finding a path from uncertainty/chaos to clarity
  • Enthusiasm for the Wise mission - empathy for the problem we are solving and the fire to build something with no precedent
  • Flexible in approach - not stuck to a “by the book” product

Responsibilities

  • Build and maintain the foundational financial platform that guarantees the integrity and compliance of every transaction across Wise’s global ecosystem
  • Lead the Accounting and Operations workstream within the Finance Product team
  • Operate as the foundational service provider that guarantees the integrity of every record of movement of money across the Wise ecosystem
  • Ensure systems serve as the single source of consumable financial data (the ledger of record) that underpins regulatory reporting, tax filing, and strategic decision-making by executive leadership
  • Lead the vision for a ledgering system currently processing over 1bn+ journal entries a month and supporting a sustained throughput of 200k events per minute
  • Own the Finance processes around Accounting business processes, Master data management, AR/AP and Payouts
  • Build systems and controls that ensure completeness and accuracy of financial flows
  • Eliminate operational risks from financial processes
  • Define and execute the product strategy to achieve real-time reconciliation and assurance at global scale
  • Provide functional finance teams with systems they need to operate effectively, compliantly, and efficiently in 50+ countries

Skills

Accounting
Financial Systems
Ledger Management
Master Data Management
AR/AP
Payouts
Regulatory Reporting
Tax Filing
Journal Entries
Financial Controls
Compliance
Operations

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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