Fraud Associate Jobs in Queens, NY (NOW HIRING)

hackajob is collaborating with Wise to connect them with exceptional professionals for this role.

Company Description

Your Mission At Wise, we are fully devoted to our Mission: Money without borders. Instant, convenient, and eventually free. Over 16 million people and businesses use Wise, which processes over £9 billion in cross-border transactions every month, saving customers over £1.5 billion a year. We serve a wide range of customers from personal users, freelancers, small businesses and increasingly even to large enterprises and banks. Wise also offers over 50 currencies for customers to hold and convert money in. As an Associate Product Manager joining the Product Academy, you will be placed in one of our teams that both power Wise and ensure our customers have a safe and convenient experience when using us. You will get to build your skills in Product Management through a tailored learning program in combination with executing on real problems. After your successful graduation from the Product Academy, you will transition into a full-time member of the Wise Product team!

Job Description

Wise is looking for a Senior Manager to join its growing financial crime compliance oversight team in North America. This role will be working alongside the NorthAm Financial Crime Compliance Lead and a highly effective team in second line compliance. 

In this role you will be responsible for the effective mitigation of financial crime risks for our onboarding and ongoing customer due diligence program. This position requires close partnership with our financial crime compliance operational and product teams, with opportunities to present to senior stakeholders and shape the strategic direction of the financial crime compliance program.

Your Mission:

• Supervision of our appropriate measures to ensure that Financial crime risks are taken into account in our day-to-day operations with a focus on AML and Fraud controls

• Provide advice and guidance to other teams and key stakeholders both regionally and globally, on BSA and AML/CTF regulations as well as related Wise policies and procedures for Wise US Inc and Wise Canada

• Support in the development and maintenance of the compliance FinCrime oversight framework specifically on AML and Fraud investigations and controls

• Challenge first line teams on the development of controls and provide approvals  on any control changes, new products or features

• Represent fincrime compliance oversight both internally and externally to regulators, auditors and partners as required showcasing Wise’s strong oversight compliance framework 

• Ensuring that there is strong oversight of all compliance operations focusing on AML and Fraud

• Serve as a member of the US SAR committee, providing feedback to our SAR Reporting Team

• Contribute to the company’s annual Financial Crime Risk Assessment for Wise US Inc.

• Horizon scanning of new FinCrime regulatory developments and maintaining oversight of implementation of such development which impact business activities

• Proactively identifying key areas of risk and work with first line teams in the development of mitigation plans as needed

• Define and monitor MI/KRIs for the covered areas (sources of alerts, alert to SAR ratio, etc.), escalating concerns with clear recommendations. 

A Bit About You:

• Theory. You are an expert in US financial crime regulations including the Bank Secrecy Act, OFAC,  NY DFS Part 504, and may be currently working or have worked within the area of financial crime compliance preferably in a fast paced environment either at financial institution, fintech, money service business or as a consultant.  You have extensive experience working on AML and Fraud controls.

• 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 are solution oriented and get a kick out of improving current practices and processes and can apply different compliance strategies to develop  compliance frameworks.  

• Communication. You are a comfortable and effective communicator in both your writing and speaking. You can convey complex ideas effectively to both internal and external audiences.

• Get the job done. You have a sense of urgency and an ability to work well under pressure, prioritizing, taking responsibility and working to tight deadlines with the capability to handle multiple projects at one time.

• Detail. You have meticulous attention to detail and if you’ve skimmed through without reading this bullet point, we are sure a bank would love to have you. 

• Team player. You have great people skills and can effectively and efficiently collaborate, build relationships with colleagues throughout the business and across the globe.

• Travel. You must be willing to travel to our other offices as required. 

• Must already be legally authorized to work in the US, we cannot provide Visas for this role

• This is NOT a remote position, this is a full-time position that will be located in New York, NY.  Wise requires three days of in-office work.

Nice to haves: 

• Experience with model validations

• Experience with the OCC regulations

• Certified Anti-Money Laundering Specialist (CAMS),  or similar

• Experience with conducting risk assessments

• Experience with FinCrime risk associated with AML and Fraud

• Experience with training/mentoring junior team members

• Exposure to sanctions/OFAC risk intersections with investigations/SAR/TM.

Additional Information

For everyone, everywhere. We're people building money 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.
Inclusive teams help us live our values and make sure every Wiser feels respected, empowered to contribute towards our mission and able to progress in their careers.

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

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