# Head of Financial Crime Risk Assessment

**Company**: Wise
**Location**: London
**Work arrangement**: hybrid
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://jobs.smartrecruiters.com/Wise/744000149252220-head-of-financial-crime-risk-assessment-?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/job/head-of-financial-crime-risk-assessment-bbdc21da-091/

## Description

We are looking for a Head of Financial Crime (FC) Risk Assessment to lead and scale our first-line FC risk assessment framework across our entities. In this role, you will be responsible for the 1LoD execution of assessments focused on AML/CTF, sanctions, fraud and related typologies, while establishing robust governance and remediation standards.

Your mission:

- Manage and enhance the end-to-end FC risk assessment lifecycle, including risk identification, scoring, and control effectiveness.

- Establish and maintain a scalable governance framework covering ownership, completion tracking, and escalations across all Wise entities.

- Ensure alignment across risk frameworks (e.g., product risk assessments).

- Drive continuous improvement of the methodology execution through standardization and technology enablement.

- Perform regulatory impact analysis and identify jurisdiction-specific risks, typologies, regulatory expectations.

- Maintain a comprehensive framework for challenging and tracking remediation plans for control gaps and/or elevated residual risks identified during assessments.

- Partner with the Analytics team to enhance data reporting, dashboards, and quality.

- Design and drive adoption of metrics and indicators for quarterly reporting.

- Prepare high-quality materials, dashboards, and trend analysis for senior management and risk committees.

- Act as a key 1LOD point of contact supporting regulatory exams, process walkthroughs, and audit requests relating to FC risk assessments.

- Ensure risk assessments align with business growth, digital transformation strategies, and risk appetite statements.

- Lead a small team (currently 1 direct report) and provide prioritization and performance management; with potential to grow the team over time in line with program needs.

Qualifications:

- Significant experience leading Financial Crime risk assessments in a complex financial institution, including multi-entity or multi-region scope.

- Demonstrated ownership of risk assessment methodology design, including scoring models, materiality, and control effectiveness integration.

- Proven ability to effectively communicate with Product, Analytics, and 2LOD Compliance and Risk teams.

- Strong capacity to prioritize tasks, maintain a problem-solving mindset, and take ownership to drive and deliver projects from inception to completion with high attention to detail.

- Strong data literacy with the ability to scrutinize metrics.

- Experience implementing or running risk processes in GRC/workflow tools (e.g., internal tooling like Optro, or equivalent platforms).

For more fresh new jobs, check out [yubhub.co](https://yubhub.co/).

## Skills

### Required
- Financial Crime risk assessments
- AML/CTF
- sanctions
- fraud
- risk assessment methodology design
- GRC/workflow tools

---

Source: [Apply at jobs.smartrecruiters.com](https://jobs.smartrecruiters.com/Wise/744000149252220-head-of-financial-crime-risk-assessment-?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)