Director, Regulatory Compliance, Asia - Airwallex

Role Overview

As the Director, Regulatory Compliance for Asia at Airwallex, you will be a pivotal leader in ensuring our operations adhere to the complex and evolving regulatory landscape across the Asian market. This role is a newly created senior position, reflecting Airwallex's commitment to strengthening its compliance framework in the region. Based in either Malaysia or Singapore, you will report directly to the global team head (based in Amsterdam) and collaborate closely with various internal and external stakeholders. Your primary focus will be on delivering the regulatory engagement strategy, maintaining licensing responsibilities for our regulated financial services entities, and building upon our global regulatory compliance program based on the 2 lines of defense principle. You will play a crucial role in enabling Airwallex's growth and strategic goals by providing expert advisory and oversight.

Day in the Life

A typical day as Director, Regulatory Compliance, Asia might involve:

• Monitoring regulatory developments across key Asian markets (e.g., Singapore, Malaysia, Hong Kong, etc.) and assessing their potential impact on Airwallex.
• Meeting with internal teams (e.g., product, engineering, legal) to provide guidance on regulatory requirements for new and existing products and services.
• Reviewing and updating compliance policies and procedures to ensure alignment with current regulations.
• Interacting with regulatory authorities to address inquiries, provide updates, and maintain positive relationships.
• Conducting regulatory impact assessments for new initiatives and business ventures.
• Developing and delivering compliance training programs to employees.
• Overseeing the implementation of compliance controls and monitoring their effectiveness.
• Analyzing regulatory reporting requirements and ensuring timely and accurate submissions.
• Collaborating with the global compliance team to share best practices and contribute to the overall compliance strategy.
• Leading and mentoring a team of compliance professionals (depending on the organizational structure).
• Participating in industry forums and conferences to stay abreast of regulatory trends.

Why Singapore/Malaysia?

Singapore and Malaysia are strategically important locations for Airwallex's Asian operations. Singapore is a major financial hub with a well-established regulatory framework and a strong focus on innovation. Malaysia offers a diverse and growing market with a supportive regulatory environment for fintech companies. By basing this role in either of these locations, Airwallex can benefit from access to a skilled talent pool, proximity to key regulatory bodies, and a vibrant business ecosystem.

Career Path

This Director-level role provides a significant opportunity for career advancement within Airwallex. Depending on performance and organizational growth, potential career paths could include:

• Head of Regulatory Compliance, Asia: Expanding responsibilities to oversee all regulatory compliance activities across the Asian region.
• Global Head of Regulatory Compliance: Taking on a leadership role with responsibility for the global compliance function.
• Chief Compliance Officer: Assuming overall responsibility for compliance across the entire organization.
• Other leadership roles within the Legal, Risk & Compliance (LRC) function: Leveraging expertise in compliance to contribute to broader risk management and legal strategies.

Salary & Benefits

The estimated salary range for this role is $180,000 - $280,000 USD per year, commensurate with experience and location. Airwallex also offers a comprehensive benefits package, including:

• Competitive health insurance coverage
• Generous paid time off policy
• Employee stock options
• Flexible work arrangements
• Company-sponsored events and activities
• Wellness programs
• Parental leave benefits
• Retirement savings plan

Airwallex Culture

Airwallex fosters a culture of innovation, collaboration, and impact. We value individuals who are proactive, results-oriented, and passionate about building the future of global finance. We encourage employees to take ownership, challenge the status quo, and contribute to a positive and supportive work environment. Our operating principles guide our actions and decisions, emphasizing speed, rigor, and a commitment to excellence.

How to Apply

To apply for the Director, Regulatory Compliance, Asia role, please submit your resume and cover letter through the Airwallex careers website. In your cover letter, highlight your relevant experience, skills, and qualifications, and explain why you are a good fit for this position and Airwallex.

FAQ

1. What is Airwallex?

   Airwallex is a global payments and financial platform that empowers businesses to operate globally without borders. We provide solutions for business accounts, payments, spend management, and treasury.

2. What are the core responsibilities of this role?

   The core responsibilities include delivering the regulatory engagement strategy, maintaining licensing responsibilities, ensuring compliance with regulations, and contributing to the global compliance program.

3. What qualifications are required for this role?

   A bachelor's degree in Law, Finance, or a related field is required, along with 10+ years of experience in regulatory compliance within the financial services industry.

4. Where is this role located?

   This role is based in either Singapore or Malaysia.

5. Who will I report to?

   You will report directly to the global team head (based in Amsterdam).

6. What is the salary range for this role?

   The estimated salary range is $180,000 - $280,000 USD per year, commensurate with experience and location.

7. What are the benefits offered by Airwallex?

   Airwallex offers a comprehensive benefits package, including health insurance, paid time off, stock options, and more.

8. What is the company culture like?

   Airwallex fosters a culture of innovation, collaboration, and impact.

9. How can I apply for this role?

   You can apply through the Airwallex careers website.

10. What are the opportunities for career advancement?

    Potential career paths include Head of Regulatory Compliance, Asia; Global Head of Regulatory Compliance; and Chief Compliance Officer.