Urgent! High Risk Assessment Specialist Job Opening In Singapore, Singapore – Now Hiring Wise
Overview
Wise is a global technology company, building the best way to move and manage the world’s money.
More about our mission and what we offer.
Role & Job Purpose
As a Risk Assessment Specialist, you will play a critical role in ensuring Wise’s adherence to regulatory and compliance standards.
You will be responsible for mitigating risks associated with high risk customers, while maintaining compliance with AML/CTF regulations, and internal policies according to Wise’s risk appetite.
This role has an advanced understanding of inherent risks tied with complex business structures, various customer types and activities, country-specific risks and their appropriate mitigating strategies.
This position is a great opportunity for individuals interested in deepening their expertise in the KYC/AML domain.
Job Responsibilities
Act as an end point for all escalations from other compliance operations teams, assessing customers’ risks and applying risk based approach methodologies;
Mentor and consult other compliance operations teams and act as a subject matter expert in complex cases;
Perform risk assessment and enhanced due diligence on complex and high risk customers, document and provide thorough analysis on potential risks and apply appropriate mitigation measures by analyzing their business activities, compliance programs and controls;
Review and analyze documentation, such as AML, Sanctions, EDD, KYC, and Acceptable Use policies (customers under review), comparing them against Wise’s policies and internal risk-based approach;
Assess the customer’s potential reputational and financial crime risk to Wise from Sanctions, PEP, and adverse media perspective;
Develop new and better risk mitigation methods and improve our compliance framework and controls while collaborating with Product and FinCrime;
Escalate and report compliance concerns to Financial Crime Oversight and other compliance teams where necessary;
Communicate with internal and external partners/stakeholders to facilitate scalable, compliant business onboarding growth;
Work closely with other functions to onboard high risk companies, update on review statuses, communicate compliance concerns, and answer queries from relevant stakeholders;
Collaborate with product teams, operational leads, and compliance teams to manage operational impact of changes, increase operational efficiencies, and improve the customer experience;
Be accountable for the quality assurance of the Risk Assessment team, making decisions within the policy framework and evolving processes with compliance;
Distill concerns or issues from operational incidents and report findings to senior management with recommended actions to address deficiencies;
Support team leads on ad-hoc project work and participate in enhancing the compliance knowledge of colleagues;
Assist the team at regional level with deep dives and audits as required.
Qualifications
Excellent verbal and written English skills (additional language skills are a plus) with the ability to clearly articulate your thoughts;
A minimum of 3+ years of relevant industry experience, ideally in financial services, compliance roles or at a financial services regulator;
Ability to work autonomously within a limited variety of well-defined procedures and practices;
Ability to take difficult decisions, work with uncertainty, deal with unknowns, and coordinate various sources of information;
Ability to apply risk-based approach in work and identify gaps in policies and processes, liaising with teams to resolve issues;
Excellent interpersonal and communication skills, strong organizational skills, attention to detail, analytical abilities, and ability to meet strict deadlines in a fast-paced environment;
Proactive, resourceful, and able to work in a diverse, collaborative environment;
Understanding of regional and global regulatory requirements and risk-based approaches;
Strong analytical and problem-solving capabilities and stakeholder management;
Comfortable working in a rapidly changing and complex work environment.
Nice To Have
Education: Bachelor’s degree in Finance, Business Administration, Law, or related field
Certifications: ICA, CAMS, or equivalent (EDD/AML focused)
Additional Information
For everyone, everywhere.
We’re people building money without borders — without judgement or prejudice.
We believe teams are strongest when diverse, equitable and inclusive.
We’re proud to have an international team, and we celebrate our differences.
Inclusive teams help us live our values and ensure every Wise person feels respected and empowered.
If you want to learn more about working at Wise, visit Wise.Jobs.
Keep up to date with life at Wise on LinkedIn and Instagram.
#J-18808-Ljbffr
✨ Smart • Intelligent • Private • Secure
Practice for Any Interview Q&A (AI Enabled)
Predict interview Q&A (AI Supported)
Mock interview trainer (AI Supported)
Ace behavioral interviews (AI Powered)
Record interview questions (Confidential)
Master your interviews
Track your answers (Confidential)
Schedule your applications (Confidential)
Create perfect cover letters (AI Supported)
Analyze your resume (NLP Supported)
ATS compatibility check (AI Supported)
Optimize your applications (AI Supported)
O*NET Supported
O*NET Supported
O*NET Supported
O*NET Supported
O*NET Supported
European Union Recommended
Institution Recommended
Institution Recommended
Researcher Recommended
IT Savvy Recommended
Trades Recommended
O*NET Supported
Artist Recommended
Researchers Recommended
Create your account
Access your account
Create your professional profile
Preview your profile
Your saved opportunities
Reviews you've given
Companies you follow
Discover employers
O*NET Supported
Common questions answered
Help for job seekers
How matching works
Customized job suggestions
Fast application process
Manage alert settings
Understanding alerts
How we match resumes
Professional branding guide
Increase your visibility
Get verified status
Learn about our AI
How ATS ranks you
AI-powered matching
Join thousands of professionals who've advanced their careers with our platform
Unlock Your High Risk Potential: Insight & Career Growth Guide
Real-time High Risk Jobs Trends in Singapore, Singapore (Graphical Representation)
Explore profound insights with Expertini's real-time, in-depth analysis, showcased through the graph below. This graph displays the job market trends for High Risk in Singapore, Singapore using a bar chart to represent the number of jobs available and a trend line to illustrate the trend over time. Specifically, the graph shows 2156 jobs in Singapore and 2011 jobs in Singapore. This comprehensive analysis highlights market share and opportunities for professionals in High Risk roles. These dynamic trends provide a better understanding of the job market landscape in these regions.
Great news! Wise is currently hiring and seeking a High Risk Assessment Specialist to join their team. Feel free to download the job details.
Wait no longer! Are you also interested in exploring similar jobs? Search now: High Risk Assessment Specialist Jobs Singapore.
An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at Wise adheres to the cultural norms as outlined by Expertini.
The fundamental ethical values are:The average salary range for a High Risk Assessment Specialist Jobs Singapore varies, but the pay scale is rated "Standard" in Singapore. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.
Key qualifications for High Risk Assessment Specialist typically include Other General and a list of qualifications and expertise as mentioned in the job specification. Be sure to check the specific job listing for detailed requirements and qualifications.
To improve your chances of getting hired for High Risk Assessment Specialist, consider enhancing your skills. Check your CV/Résumé Score with our free Resume Scoring Tool. We have an in-built Resume Scoring tool that gives you the matching score for each job based on your CV/Résumé once it is uploaded. This can help you align your CV/Résumé according to the job requirements and enhance your skills if needed.
Here are some tips to help you prepare for and ace your job interview:
Before the Interview:To prepare for your High Risk Assessment Specialist interview at Wise, research the company, understand the job requirements, and practice common interview questions.
Highlight your leadership skills, achievements, and strategic thinking abilities. Be prepared to discuss your experience with HR, including your approach to meeting targets as a team player. Additionally, review the Wise's products or services and be prepared to discuss how you can contribute to their success.
By following these tips, you can increase your chances of making a positive impression and landing the job!
Setting up job alerts for High Risk Assessment Specialist is easy with Singapore Jobs Expertini. Simply visit our job alerts page here, enter your preferred job title and location, and choose how often you want to receive notifications. You'll get the latest job openings sent directly to your email for FREE!