Regulatory Expansion Specialist
4 weeks ago
Job Summary
We are seeking a highly skilled Regulatory Expansion Specialist to join our team at Wise. As a key member of our product team, you will play a crucial role in expanding our product in Europe, focusing on money movement in European currencies.
Key Responsibilities
- Determine the best and most scalable way for Wise to expand across Europe, including how to leverage EU branch passporting requirements and define the ideal regulatory setup to ensure compliance with all applicable regulatory requirements.
- Build relationships with European central banks and regulators to localize our existing European product in key markets such as Spain, France, and Germany, in a compliant and cost-effective manner.
- Work with our product managers, engineering leads, and other colleagues to define the best direction for Wise in Europe and take responsibility for expanding Wise across Europe through successful regulatory expansion.
Qualifications
- At least 7 years of experience working with payment regulations, ideally in a product-focused or commercial environment.
- Comfortable working across various UK and European regulatory environments, including the ability to analyze and interpret complex regulatory frameworks and apply them effectively.
- The ability to quickly become familiar with new regulations and compare and contrast them with regulations in other markets, including applicable financial crime, passporting, and payment regulations in Europe.
- A good understanding of how money movement and payment systems work and the regulations that govern them, including payment system regulations across Europe, such as the SEPA rulebook and PSD2.
- Ability to effectively communicate with Product Managers and Engineers and provide practical, actionable, and value-added recommendations.
- Problem-solving attitude, with the ability to use regulations together with data to drive business decisions.
- Commercial acumen to negotiate with regulators, bank partners, and payment systems to drive the best outcome for Wise and our customers.
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