Senior Regulatory Compliance Manager

We are seeking a Senior Regulatory Compliance Manager to join our UK Compliance Team. As a Senior Regulatory Compliance Manager at Wise, you will provide regulatory advice and objective check and challenge to enable Wise to scale its UK businesses compliantly.

Your main responsibilities will include:

• Advising the business on regulatory requirements, specifically focusing on FCA regulations, capital and liquidity compliance expectations, regulatory reporting, and applicable sections of the FCA Handbook.
• Providing check and challenge to regulatory analysis, regulatory risk assessments and controls provided by our first line Product Risk and Compliance team.
• Supporting first line teams to identify and mitigate regulatory risks.
• Conducting regulatory analysis on upcoming changes to FCA requirements and the UK regulatory framework, advising first line teams on implementation plans to ensure compliance.
• Drafting regulatory compliance policies and guidance.
• Leading obligations mapping for new product offering(s).
• Understanding and applying the relevant aspects of the operational resilience requirements.
• Interpreting consumer duty and conduct requirements.
• Working closely with the wider regulatory team to manage our policy framework, FCA regulatory engagement, and conduct reporting.
• Helping maintain and update the UK compliance framework, policies, and documentation within the broader Wise Group compliance framework, ensuring they are appropriate for new products/activities and risk appetite.
• Working with the first line business owners to ensure findings from audits and monitoring and testing are remediated efficiently and effectively.
• Providing regulatory training and self-help materials to assist first line teams to comply with regulatory obligations and compliance policies.
• Handling escalations from first line teams on product developments, incidents and issues.
• Reporting on the UK's compliance performance, regulatory breaches, and the effectiveness of compliance controls via comprehensive and insightful Management Information (MI).

The ideal candidate will have:

• Deep working knowledge of UK regulations, including FCA requirements, as well as experience with regulatory framework implementations.
• Hands-on experience providing regulatory advice, engaging with the FCA and managing regulatory risks relating to financial products and services.
• Strong communication and organisational skills.
• Ability to influence others and empower teams to comply with regulatory requirements and mitigate regulatory risks, whilst enabling growth.
• Experience managing or mentoring other employees and enabling them to develop their knowledge and skills.

Additional information:

• Hybrid working - 3 days in the office and 2 from home.
• Working hours - 9am to 6pm.