Job Description

Office

Singapore

Team

Compliance

Compliance Officer – Philippines Since 2011, Wise has had a clear mission: money without borders. Built by and for people who live global lives, we’re the fairest, easiest way to manage your money across borders. We’re just at the beginning of our story and we’re growing at an incredible pace. We won’t stop until anyone, anywhere can send, spend and receive money wherever they are, whatever they’re doing. There’s still heaps to do and we can’t do it alone. We’re looking for a Compliance Officer – Philippines to strengthen our compliance team. Based in the Philippines or Singapore, you will work with a growing team of multidisciplinary specialists (Product, Treasury, Bank Product, Security, Financial Crime) to help build world class products in Philippines. You’ll also manage and strengthen the teams’ relationships with regulators by being the Regulator’s first point of contact, keeping everybody informed and protecting our most valuable asset – our customers. This role is located in the Philippines or Singapore. Please submit your application, resume and cover letter in English. Your mission:

• Improve the compliance product in line with our mission to be instant, convenient, transparent and eventually free.
• Maintain our regulatory licence for Philippines: (i) regulatory reporting and filing, (ii) regulatory liaison and (iii) leading our audits.
• Build trust with our regulator: manage and coordinate meaningful reporting internally and externally, respond to information requests, and proactively communicate product changes and notifiable events.
• Maintain compliance frameworks, policies and documentation and lead in regulatory audits.
• Develop systems to track and monitor our regulatory risk, compliance with regulatory requirements and internal policies.
• Work with teams to educate them about Philippines regulatory requirements, and empower teams to build risk based processes which are clearly documented.
• Scrutinise and test compliance programs, including quality assurance, analyse findings and work with Operational teams to develop our risk based approach, provide constructive feedback and be responsible for resolutions, including addressing any audit findings.
• Adapt your focus on different compliance issues depending on growth plans and compliance needs.
• Work with global Product and Operational teams in Singapore and Estonia, and travel to our operational offices.

This role will give you the opportunity to:

• Develop an in-depth knowledge of Wise’s business and get to know many teams across the company as you liaise with them to help them understand the regulatory framework and bring together the information that our regulators need.
• Help keep compliance right at the heart of our product developments and new initiatives by horizon-scanning for new regulatory developments and sharing these with the teams.

A bit about you: If you have a background in payments or other financial regulation, great communication and organisational skills, tons of motivation, then this role could be perfect for you!

• Theory. You are an expert in payment system regulatory compliance and may be currently working, have worked, or work directly with Anti-Money Laundering Council (AMLC) or Central Bank of the Philippines (BSP).
• Practice. You have demonstrable experience designing and challenging processes, ideally across multiple products. You have thought deeply about the Wise mission and how it intersects with compliance.
• Passion. You get a kick out improving current practices and processes and can apply different compliance strategies to develop multiple compliance frameworks.
• Get the job done. You have a sense of urgency and an ability to work well under pressure, prioritising, taking responsibility and working to tight deadlines.
• Detail. You have meticulous attention to detail and if you’ve skimmed through without reading this bullet point, I’m sure a bank would love to have you. Please add the secret word “broccoli” into the cover letter uploaded to your application.
• Development. You’ve considered the challenges and development opportunities of working at a fast growing scale-up and are looking to get into FinTech or payments compliance. Here’s a taster of what it’s like working at Wise.
• Location and Language. Must be willing to travel to Estonia, subject to government regulations. You must be fluent in English and Tagalog.