Senior Product Compliance Manager - Pricing at Wise

London, England, United Kingdom

Wise Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
FinTech, Financial ServicesIndustries

Requirements

  • Ability to interpret primary and secondary legislation relating to pricing obligations, consumer conduct and/or financial promotions in multiple jurisdictions
  • Demonstrated experience working with cross functional teams (compliance, marketing, finance) to launch products in multiple regions or business lines (preferred)
  • Deep working knowledge of conduct related Payments and Financial Services Regulations from a consultancy, in house, or legal background
  • Experience leading major projects where you highly influenced decision making (product launches, remediations, audits) by going into the details of the problems
  • Experience reporting and explaining complex regulatory expectations to senior stakeholders and C-levels
  • Experience building frameworks for others to operate within

Responsibilities

  • Interpret and translate regulatory requirements for Product and Engineering teams to seamlessly build pricing controls when launching new pricing strategies
  • Coordinate with global product, marketing, compliance oversight and finance teams to ensure smooth delivery of pricing changes
  • Own the process to refine and improve customer understanding of pricing specific communications, setting clear expectations and guidelines to marketing teams to ensure regulatory compliance requirements are met
  • Identify innovative ways for Wise to price products in collaboration with the Pricing product team to ensure fees are minimised and value is delivered to customers as fast as possible
  • Build out a framework for pricing controls to ensure regulatory requirements are met and conduct risk and operational risk is minimised
  • Take part in industry associations initiatives where regulatory changes and best practices are discussed, and actively represent Wise in engaging with legislative and regulatory consultations
  • Lead and grow the Pricing Product Compliance and Risk program, leading on new pricing model compliance risk assessment, owning projects and making decisions

Skills

Regulatory Compliance
Risk Management
Pricing Controls
Compliance Framework
Risk Assessment
Pricing Strategy
Product Compliance
Stakeholder Coordination
Financial Regulations
Compliance Oversight

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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