Senior Credit Risk Manager

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.

As Wise continues to scale and evolve its infrastructure, we are looking for a Senior Credit Risk Manager to lead our credit risk framework into its next chapter. You won't just be "checking boxes". You will bridge the gap between traditional credit analysis and advanced quantitative modeling (ICARA/ILAAP) to ensure our global network of banks, NBFIs, and corporate partners remains resilient.

Key Responsibilities

Credit Evaluation & Advanced Analysis:

• Fundamental Analysis: Conduct deep-dive financial analysis of banks, NBFIs, and corporate clients, evaluating liquidity, capital adequacy, and asset quality.

• Limit Management: Design and assign credit limits for financial partners and Wise Platform clients, ensuring they align with our evolving risk appetite.

• Internal Rating Models: Lead the application and refinement of internal credit rating models to ensure risk-sensitive pricing and exposure management.

• Credit risk recommendation: document and support credit decisions and recommendations to the Credit Risk Committee and the Asset & Liabilities Committee (ALCO)

Quantitative Risk Analysis, Concentration Risk & Stress Testing:

• Single Name exposures: Act as the SME for concentration and counterparty risk limits, ensuring that our bond holdings, bank deposits, and MMF investments collectively stay within regulatory concentration limits.

• Capital & Liquidity Modeling: Contribute quantitative expertise to ICARA and ILAAP processes, including modeling the credit risk of the investment book under stressed conditions.

• Scenario Analysis: Run "what-if" scenarios on the credit portfolio (e.g., a rating downgrade of a major bond issuer or a liquidity freeze in the Repo market).

Investment Portfolio & Exposure Monitoring:

• Instrument Analysis: Conduct credit assessments and provide risk-based opinions on investment instruments, including Sovereign/Corporate Bonds, Money Market Funds (MMFs), and Repurchase Agreements (Repos).

• Risk vs. Reward Rationale: Develop frameworks to evaluate counterparty exposure against financial returns. You will build the rationale for Risk vs. Price and Risk vs. ROI, ensuring Treasury yield targets stay aligned with our credit risk appetite.

• Collateral Management: Assess the quality and "haircuts" of collateral in Repo transactions to ensure Wise is protected against market volatility and counterparty default.

Monitoring, Reporting & Governance:

• Proactive Mitigation: Manage real-time alerts for limit breaches, overshots, and deteriorating credit signals.

• Committee Leadership: Present well-reasoned recommendations and KPIs to the Credit Risk Committee and ALCO.

• Cross-Functional Collaboration: Partner with the Banking, Treasury, and Payment Ops teams to find "risk-balanced" solutions that support Wise’s growth without compromising safety.

About You

• The Expert: You have proven experience in Counterparty Credit Risk, ideally within a bank or a high-volume fintech.

• Regulatory Capital Knowledgeable: You have a solid grasp ofCounterparty Credit limit, Concentration Risk and capital requirements, understand how to translate such requirements into operational workflows.

• Quant-Leaning: You are comfortable with financial modeling and the quantitative side of risk (Stress testing, EAD/PD/LGD, and capital requirement modeling).

• Certified: You hold an FRM (Financial Risk Manager), PRM, or CFA designation (preferred but not essential).

• Analytical & Decisive: You can look at a complex balance sheet and quickly identify the "red flags," but you also have the communication skills to explain why they matter to non-risk stakeholders.

Why Join Wise?

You will be at the forefront of building a world-class risk function in one of the world’s most successful fintechs. This isn't just about maintenance; it's about implementing our Vision of counterparty and credit risk management both globally and regionally as we move toward more sophisticated financial structures.

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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