BAAM Control Specialist
Wise · Budapest
Company Description
- Wise is a global technology company, building the best way to move and manage the world’s money.
- Min fees. Max ease. Full speed.
Whether people and businesses are sending money to another country, spending abroad, or making and receiving international payments, Wise is on a mission to make their lives easier and save them money.
- As part of our team, you will be helping us create an entirely new network for the world's money.
- For everyone, everywhere.
More about our mission and what we offer.
Job Description
So, what's the role?
We are looking for a highly motivated individual to join our Treasury Team. Your key responsibilities evolve around the development and execution of Wise’s Bank Account & Access Management (BAAM) framework so that the risks around bank accounts, user access and payment activities are monitored in a secure and SOX control environment. You'll be integral to the daily operations of BAAM ensuring our processes and controls over bank account and user access management are executed effectively. This is a highly cross-functional position, demanding exceptional collaboration with a wide range of stakeholders, including Payment & Treasury Operations, Risk and Control teams, as well as internal and external auditors.
What You’ll Be Doing:
Collaborate closely with regional teams including Banking and Operations to outline the roadmap for new partnerships and bank accounts
Own the internal onboarding and offboarding process for bank accounts within Wise’s internal infrastructure
Liaise with technical stakeholder group to tackle complex situations or new types of products or implementation
Execute the controls in relation to maintaining complete and accurate internal records of our counterparties, bank accounts, authorised signatories and user accesses in the relevant systems
Review and ensure timely and appropriate closure of BAAM tickets and requests
Collaborate with Product and Engineering teams to ensure the soundness of our BAAM infrastructure and its overall operating environment
Prepare periodic reporting materials on BAAM operations and control effectiveness
Support the lead and stakeholders to continuously enhance the BAAM processes to improve its efficiency
Keep all BAAM documentation, including user guides, flowcharts, and the risk and control matrix, up-to-date and relevant
Liaise with internal and external auditors to address any audit requests and queries
Support the Treasury function on other ad-hoc projects related to BAAM areas when required
Qualifications
What we are looking for:
At least 2 years of proven experience in treasury or audit in SOX control environment, coupled with a solid understanding of risk and control principles in a large and fast paced organisation
In depth understanding of treasury operational risk management, treasury best practices and SOX requirements
Experience in opening & closing bank accounts for an organisation and managing user accesses and authorised signatories, or experience in financial audit or control testing in these areas
Experience in managing a high number of bank accounts (500+) across different regions and setting up a control governance framework.
Skills:
A self-starter with the ability to work independently in a self-directed way to thrive in a collaborative, team oriented, and fast-paced environment
Critical thinking with ability to identify potential risks in a given situation
Great attention to detail and problem solving skill
Strong organisational skills with the ability to multitask, prioritise and work to meet tight deadlines
Ability to establish good relationships across the organisation and build an effective working atmosphere with teams like Banking, Treasury, Finance and Payment Operations
Strong communications skills, verbal and written, including ability to summarise key messages
Ability to process data using Microsoft Excel and produce presentation using Power Point is essential
Basic knowledge in data querying and visualisation including SQL, Excel VBA and Snowflake is preferable
Relevant professional qualifications such as ACT, CIMA, ACCA, ACA are desirable but not mandatory
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.
Keep up to date with life at Wise by following us on LinkedIn and Instagram.
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.
Keep up to date with life at Wise by following us on LinkedIn and Instagram.