Senior Regulatory Oversight Manager, Advisory

We’re looking for a Senior Regulatory Compliance Manager to support our UK Compliance Team by providing regulatory advice and objective check and challenge to enable Wise to scale its UK businesses compliantly. Based in London, you will work with a growing team of multidisciplinary specialists (Risk, Legal, Product, Finance etc) across the globe. You’ll help manage and strengthen the Compliance team’s approach to building new and scaling existing products in compliance with UK regulations, managing the regulatory risks and developing governance and oversight arrangements.

Your Mission

• Advise the business on regulatory requirements, specifically focusing on FCA regulations, capital and liquidity compliance expectations, regulatory reporting, and applicable sections of the FCA Handbook and PRA Rulebook.
• Provide check and challenge to regulatory analysis, regulatory risk assessments and controls provided by our first line Product Risk and Compliance team.
• Support first line teams to identify and mitigate regulatory risks.
• Conduct regulatory analysis on upcoming changes to FCA and PRA requirements, prudential standards, and the UK regulatory framework, advising first line teams on implementation plans to ensure compliance.
• Draft regulatory compliance policies and guidance.
• Lead obligations mapping for new product offering(s)
• Understand and apply the relevant aspects of the operational resilience requirements
• Interpret consumer duty and conduct requirements
• Work closely with the wider regulatory team to manage our policy framework, FCA regulatory engagement, and prudential/conduct reporting.
• Help maintaining and updating 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.
• Work with the first line business owners to ensure findings from audits and monitoring and testing are remediated efficiently and effectively
• Provide regulatory training and self-help materials to assist first line teams to comply with regulatory obligations and compliance policies.
• Handle escalations from first line teams on product developments, incidents and issues.
• Help reporting (to the Board and relevant committees) on the UK’s compliance performance, regulatory breaches, and the effectiveness of compliance controls via comprehensive and insightful Management Information (MI)