Financial Crime Product Compliance & Risk Manager - South-East Asia

WISE ASIA-PACIFIC PTE. LTD.; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading financial services company in Singapore seeks a Financial Crime Product Compliance & Risk Manager to oversee FinCrime compliance and risk management in product development. The ideal candidate will have expertise in financial crime compliance, previous experience in FinTech, and strong project management skills. This role involves collaboration with product teams to ensure regulatory solutions are effectively implemented.

Qualifications

• Expert in financial crime compliance with a background in South-East Asia.
• Hands-on experience in FinTech or financial regulation.
• Ability to analyze complex regulatory frameworks.

Responsibilities

• Understand regulatory FinCrime needs and translate them into solutions.
• Perform FinCrime risk assessments for new products.
• Support product teams in defining regulatory solutions.

Skills

Financial crime compliance expertise

Regulatory framework analysis

Problem solving

Project management

Collaborative teamwork

Job description

We’re looking for a Financial Crime Product Compliance & Risk Manager to join our growing Product Compliance & Risk team in APAC (South-East Asia) and launch new products, grow our presence, and protect our existing licenses and products in South-East Asia through a deep understanding of the FinCrime requirements and regulators’ expectations around them. This role is hands‑on, a unique opportunity to have an impact on Wise’s mission and help save millions more people money.

This is a first line Product Compliance & Risk role, embedded in the APAC Product Squad and working closely with the FinCrime Squad.

You, in collaboration with APAC and Fincrime Squad, will be responsible for:

Creating and improving our amazing products in a compliant way:

• Deeply understand regulatory FinCrime needs, translate this into solutions and work together with the Product Teams to build compliant new products and services in a customer oriented way;
• Perform FinCrime risk assessments of new products and services, and ensure that related controls are implemented consistently prior to launch; and
• Enable product teams to adopt a risk‑based approach in developing products, processes, and controls.

Regulatory risk and remediation:

• By understanding both the Wise product deeply enough and the local regulatory expectations - support Product and other teams on how to interpret regulatory FinCrime requirements, and improve processes and our product to avoid regulatory breaches and/or incidents; and
• In collaboration with second line Compliance and Risk teams, identify and align on the main FinCrime issues and risks in South-East Asia. Present this in a very clear and understandable way to the wider teams, to work with them on defining the solutions and how this should be executed.

Maintain an enterprise wide view of risk:

• Escalate breaches and FinCrime risks to Compliance Oversight in order to help maintain an enterprise wide view of Wise’s FinCrime risk environment;
• Identify related risk typologies and ensure that the relevant specialist teams (i.e. Financial Crime subteams) have provided input into the product lifecycle;
• Assist Product Teams in developing and maintaining track of relevant risks across their product, including mitigation plans, action owners and timelines to completion.

Third Party Relationships:

• Represent Wise in external meetings and being able to clearly and effectively articulate Wise’s FinCrime framework;
• Provide input on FinCrime related matters, always representing Wise customer‑oriented culture while ensuring compliance.

Qualifications

• Expert in financial crime compliance, having a background in Financial Crime Regulation in one or more countries in South-East Asia
• Previous hands‑on experience in FinTech or previous financial regulation role (e.g. consultancy, Compliance)
• Ability to analyse and interpret complex regulatory frameworks and apply them effectively;
• Problem solving attitude, with the ability to use regulation together with data to drive business decisions;
• Strong executor, that drives and delivers cross‑functional project from inception to completion, timely and with attention to the details;
• Fluency in English. Legally authorised to work in Singapore.
• Willingness to travel, as Wise offices are located across different countries;

Other preferred skills

• A true team player with a collaborative spirit and the ability to work effectively with different stakeholders, such as Product and Compliance;
• Passionate to help solve problems and build best‑in‑class products for customers;
• Ability to effectively and clearly communicate and provide practical, actionable, and value added recommendations;
• Fluency in other languages in South-East Asia will be a plus.