People and Teams
Managing Director of Wise Platform
Who is Steve Naude?
__________ approval is required prior to onboarding any high risk partners
What is Senior Management Approval
Managing and growing partnerships, ensuring they are delighted with Wise in the long-term
Who are Account Managers
Product vertical that focuses on traditional banks and neobanks
What is the Banks Product Vertical
Product Director of Wise Platform
Till Wirth
This banking partner must pre-approve all new Correspondent Services partners for EUR and USD payouts
Who is JPM?
Product that allows 3rd party payments*
Correspondent Services
*bonus points if you can name the countries where this product is approved
Wise’s _____ _______ product is a model where end customers come to Wise through the partner platform, agreeing to Wise's standard terms and conditions. The End Customer has their own Wise profile, is onboarded to Wise and all our usual transaction monitoring/compliance rules apply to this End Customer
What is Connected Partner? (can be personal or business customers)
This team work with Business Development to assess the acceptability of partner compliance functions (KYC, AML, Fraud, Sanctions) and assess partner reputational risk to Wise to ensure a partner is within Wise’s risk-appetite
Who is Partner Risk Assessment, or PRA
When should non-Wise Platform PC do a control change impact assessment for Wise Platform?*
*trick question!
Currently we don't have this formalized.
Defining the technical solution for a prospective partner, aligning our products to their needs
Technical Pre-sales
This product vertical focuses on Partners who need contractor payouts, seller payouts, or spend management/bill pay solutions
What is the Online Platforms vertical?
What is the number of the FATF recommendation that sets the core onboarding criteria for Correspondent Products
This team work directly with partners and AM/CSM teams to: Spot check partner-verified customers on a quarterly basis, Assess acceptability of the onboarded customer and quality of KYC documentation, Escalate instances of non-adherence to the partner for remediation.
Who is Partner Risk Monitoring, or PRM
A profile will be considered a _________ when they make extremely large transfers compared to regular business customers, and has patterns atypical to regular businesses customers who use Wise
What is a Super Profile?
Profiles where customers cannot login on Wise dot com
Limited Access Profiles
A _____ ______ integration enables a Correspondent Services partner's customer to receive international payments via SWIFT.
What is SWIFT Receive?
______ is one of the many Ops Compliance teams that supports Wise Platform. Our area of expertise focus on the KYC - CDD - EDD needs that new and existing partnerships or product offerings will encounter, including onboarding high risk end customers.
What is the Platform Due Diligence team, or PDD
How do we do AML monitoring for Correspondent Services partners?**
We run unique static rules for Correspondent Services partners, not the UEM.
**Bonus points if you can name any of the rules or risks that these rules cover
Profiles where the customer cannot access Wise dot com, and Wise has no responsibility to KYC the end user
Originator profiles*
*identities project
This correspondent services feature enables partners connected to SWIFT to send SWIFT messages instructing Wise to make payouts via our regular network with no API integration needed.
What is SWIFT Connector?