Financial Risk Specialist

Our Opportunity:

TransferWise was founded in 2011 with a clear mission — money without borders — instant, convenient, transparent, and eventually free. We’ve built a market-leading technology product that’s been used by over 5 million people to move money around the world without the rip-off fees charged by the banks. We’re disrupting the world of currency and international money transfer. We are growing rapidly around the world and need to make sure that we have the best setup to support that growth in every region. You will help to shape the future of TransferWise across the Group. 

The Financial Risk Specialist- NorthAm will report directly to the Country Risk Officer, providing support and second line risk management advice and oversight to the Northam entities and support similar activities in the Americas region. 

What will you be doing:

• Provide an objective view of the effectiveness of financial and prudential risk management and internal controls practices in the region following global standards such as Basel requirements, FCA and US regulators.
• Assist with the implementation of the entity’s Enterprise Risk Management Framework (ERMF) and Risk Appetite Statement (RAS)
• Process mapping and Risk and Controls Assessments (RCA).
• Review policies and procedures related to Financial Risks: Liquidity, Market, Credit, Financial Planning, Capital and Prudential
• Set up short and long term stress testing
• Monitor prudential indexes 
• Build Financial Risk Quarterly Reports
• Partner with 1LOD to develop robust risk mitigations and control frameworks in country and across the region
• Undertaking 2LOD controls monitoring and testing
• Assist with local Board Risk Committee reporting 

This role would be great for someone who has:

• Alignment to Wise’s mission and values
• > 5 years working experience in Financial risk management in the US and Canada financial markets
• Experience with Risk Management Frameworks aligned to Basel III standards, such as LCR, ICAAP, ILAAP, ICARA
• Strong quantitative and qualitative analytical skills 
• Ability to aggregate and analyzing data from multiple sources to provide a comprehensive assessment
• Ability to create reports, summaries, presentations and process documents to display results
• Ability to manage multiple tasks/projects at the same time to complete work
• Excellent research, analysis and reporting skills coupled with strong written and verbal communication skills 
• Critical thinking skills with the ability to independently solve problems with data
• Ability to collaborate with other team members and stakeholders

It would be ideal but not essential if you have:

• Business related bachelor’s degree 
• Risk management certification (i.e. RMIA Certified Risk Management Practitioner, FRM Financial Risk Management, etc) 
• Good understanding of applications like Jira, Superset, Looker

Key Benefits:

• 🚀 RSU’s in a rapidly growing company 
• 💪 An annual self-development budget
• 🩺 Medical, dental, & vision insurance – including HSA and FSA options
• 💝 Company-paid: Life Insurance, Short & Long-Term Disability, and an EAP program
• 💻 Hybrid working model – a mix of working from home and from the office
• ✈️  Wisers can work remotely for 90 days a year. By ‘remote’ we don’t just mean from home, but from wherever in the world you choose to
• ☀️ 25 days PTO, 15 sick days, 11 holidays, 5 compassionate leave days, 3 paid “Me” days and a paid volunteer day, annually
• 🏝️ A paid 6-week sabbatical leave after four years 
• 👶🏼 18-weeks of paid parental leave, after a year with us
• 💰 401k with up to a 4% employer match
• 🏆  2023 Austin BuiltIn Best Award winner for Best Places to Work and Best Large Places to Work
• Find out more about our benefits in our Austin office

#LI-KE1