Head of Compliance US – Assets

Compliance, New York

Office

New York

Team

Compliance

Salary (annual)

180,000 - 240,000 USD + benefits

Since 2011, we’ve 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.

Now is an exciting time to join us at Wise, and we are looking for a Head of Compliance to lead the building and development of our broker dealer compliance program. As the Head of Compliance for the investment entity, you’ll be responsible for overseeing our US financial crime and regulatory compliance programs for our broker/dealer licence. 

Your mission:

  • Develop compliance framework and policies demonstrating adherence to all relevant local laws and regulations for a licensed US Broker Dealer entity.
  • Build a monitoring and testing program for the compliance control framework, and train the teams in charge of the application of those compliance controls
  • Prepare the quarterly compliance report for senior leadership teams and relevant Regional and Group Compliance Risk Committees 
  • Manage regulatory examinations and respond to regulatory inquiries
  • Maintain current knowledge regarding regulatory issues, rules proposals, guidance, etc.
  • Advise Product, Engineering, and relevant 1LoD teams regarding compliant business practices  
  • Deliver annual compliance meetings
  • Conduct OSJ and branch office inspections
  • Provide monthly and ad-hoc reporting including: monthly metric / status reports and escalate any breaches to internal and/or external parties;

A bit about you:

If you have a compliance background in investments or other regulated financial services, great communication and organisational skills, tons of motivation and positivity, then this role could be perfect for you!

  • 5+ years relevant experience in BD regulatory compliance
  • Detailed knowledge of FINRA and SEC rules and BD compliance
  • Series 7, 24, and 63 registrations required 
  • Ability to work independently, multi-task, manage projects and time effectively
  • Strong understanding of private funds and institutional brokerage business
  • Experience of working with regulators or similar bodies;
  • Experience in aligning to the other key risks across the risk taxonomy, including operational, compliance and strategic risk as well as intersecting risks. 
  • Ability to represent the US Broker Dealer entity  in a professional manner to all internal (e.g. management) and external (e.g. regulatory authorities) stakeholders.  
  • Demonstrated track record of second line of defense independence and challenge/ escalation where concerns are felt.

Key benefits: 

🚀  RSU’s in a rapidly growing company after a year with us

💻 Hybrid working model – A combination of work-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

💪  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

☀️  25 days PTO, 15 sick days, 11 bank 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

🏆 BuiltIn Award winner for Best Places to Work and Best Large Places to Work

More info on our benefits: NYC

Salary (annual)
$180,000$240,000 USD

We’re people without borders — without judgement or prejudice, too. We believe teams are strongest when they are diverse, equitable and inclusive. We’re proud to have a truly international team, and we celebrate our differences.

Every Wiser should feel that they can be themselves at work. Inclusive teams help us live our values and make sure every Wiser feels respected, empowered to share their contributions towards mission zero and able to progress in their careers.

Having diverse teams that reflect our diverse customer base helps us build a better product. We can be more creative and empathetic to our customer’s needs and life experiences and makes sure we leave no-one behind on our journey to mission-zero.

If you want to find out more about what it’s like to work at Wise visit Wise.Jobs.

Keep up to date with life at Wise by following us on LinkedIn and Instagram.

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