Director, Fraud Risk at Airwallex: Shape the Future of Global Payments

Airwallex is revolutionizing global payments and financial services for modern businesses. We empower over 200,000 companies worldwide with our unified platform, offering integrated solutions for business accounts, payments, spend management, treasury, and embedded finance. As we continue to expand our global footprint, we are seeking a highly experienced and strategic Director, Fraud Risk to lead our fraud risk management efforts across all regions. ## Role Overview As the Director, Fraud Risk, you will be a critical leader in our Legal, Risk & Compliance (LRC) team, shaping and driving Airwallex's fraud risk management strategy. This is a 2nd Line of Defense (2LOD) role, requiring close collaboration with the 1st Line of Defense (1LOD). You will ensure our incident reporting, account-related controls, and fraud prevention measures are globally harmonized while adapting to local regulatory requirements. This role spans collaborating with regulators and law enforcement, steering major policy initiatives (including IDV and KYC), reviewing the 1st Line's operational controls, and driving continuous improvement and proactive strategies through cross-functional collaboration. You will be directly impacting the protection and growth of our business and customers. ## A Day in the Life Your day as Director, Fraud Risk might involve: * Leading strategic discussions on emerging fraud trends and their potential impact on Airwallex. * Collaborating with regional teams to ensure consistent implementation of fraud prevention measures. * Reviewing and approving fraud incident reports, ensuring accuracy and completeness. * Meeting with regulators to discuss fraud risk management practices and compliance requirements. * Working with product and engineering teams to enhance fraud detection and prevention capabilities. * Developing and delivering training programs to educate employees on fraud risks and prevention techniques. * Analyzing fraud data to identify patterns and trends, developing insights to improve fraud prevention efforts. * Conducting risk assessments to identify and evaluate fraud risks across the organization. * Presenting fraud risk reports and updates to senior management and the Board of Directors. * Mentoring and developing team members, fostering a culture of excellence and innovation. ## Why Singapore? Singapore is a global financial hub with a strong regulatory environment and a thriving fintech ecosystem. It offers a unique opportunity to work in a dynamic and innovative environment, surrounded by some of the brightest minds in the industry. Airwallex's presence in Singapore is significant, making it a strategic location for our fraud risk management operations. Working in Singapore provides access to a diverse talent pool, advanced technology infrastructure, and a supportive regulatory framework. ## Career Path This Director, Fraud Risk role offers significant career growth potential within Airwallex. You could potentially advance to: * **Head of Fraud Risk:** Leading a larger team and having broader oversight of fraud risk management across the organization. * **Chief Risk Officer:** Assuming overall responsibility for risk management, including fraud risk, credit risk, and operational risk. * **Executive Leadership:** Contributing to the strategic direction of the company as a member of the executive team. Airwallex is committed to providing employees with opportunities for professional development and growth. We offer a variety of training programs, mentorship opportunities, and career advancement paths to help you reach your full potential. ## Salary & Benefits The estimated salary range for this position in Singapore is $180,000 - $300,000 USD per year, commensurate with experience. In addition to a competitive salary, Airwallex offers a comprehensive benefits package, including: * Comprehensive health insurance coverage. * Generous paid time off policy. * Employee stock options. * Flexible work arrangements. * Wellness programs and resources. * Company-sponsored events and activities. ## Airwallex Culture At Airwallex, we value innovation, collaboration, and a commitment to excellence. We are a team of passionate and driven individuals who are dedicated to building the future of global payments. We foster a culture of learning and growth, providing employees with opportunities to develop their skills and advance their careers. We are also committed to diversity and inclusion, creating a welcoming and supportive environment for all employees. ## How to Apply If you are a highly experienced and strategic fraud risk management professional with a passion for innovation and a desire to make a significant impact, we encourage you to apply. Please submit your resume and cover letter through the Airwallex careers page. ## Frequently Asked Questions (FAQ) **1. What is Airwallex's mission?** Airwallex's mission is to empower businesses to grow beyond borders with a global payments and financial platform. **2. What are Airwallex's core values?** Airwallex values innovation, customer focus, teamwork, and a commitment to excellence. **3. What is the work environment like at Airwallex?** Airwallex offers a fast-paced, dynamic, and collaborative work environment. **4. What opportunities for professional development are available at Airwallex?** Airwallex offers a variety of training programs, mentorship opportunities, and career advancement paths. **5. What is Airwallex's approach to diversity and inclusion?** Airwallex is committed to creating a welcoming and supportive environment for all employees, regardless of their background or identity. **6. What are the key responsibilities of the Director, Fraud Risk role?** The Director, Fraud Risk is responsible for developing and implementing a comprehensive fraud risk management strategy, standardizing fraud incident reporting, collaborating with regulators and law enforcement, developing fraud prevention policies, and driving continuous improvement. **7. What qualifications are required for the Director, Fraud Risk role?** The qualifications include a bachelor's degree in a relevant field, 10+ years of experience in fraud risk management, deep understanding of fraud typologies, strong analytical skills, excellent communication skills, and proven leadership abilities. **8. What is the salary range for the Director, Fraud Risk role?** The estimated salary range for this position in Singapore is $180,000 - $300,000 USD per year, commensurate with experience. **9. What benefits does Airwallex offer?** Airwallex offers a comprehensive benefits package, including health insurance, paid time off, employee stock options, flexible work arrangements, and wellness programs. **10. How can I learn more about Airwallex?** You can learn more about Airwallex by visiting our website, following us on social media, and reading industry news articles about our company.