Senior Compliance Manager & MLRO, Malaysia at Airwallex

About Airwallex

Airwallex is revolutionizing the way global businesses operate by providing a unified payments and financial platform. Our unique infrastructure and software solutions empower over 200,000 businesses worldwide, including industry leaders like Brex, Rippling, Navan, Qantas, and SHEIN. We offer fully integrated tools to manage business accounts, payments, spend management, treasury, and embedded finance at a global scale.

Founded in Melbourne, Australia, Airwallex boasts a team of over 2,000 innovative professionals across 26 offices globally. With a valuation of US$8 billion and backing from top-tier investors such as T. Rowe Price, Visa, Mastercard, Robinhood Ventures, Sequoia, Salesforce Ventures, DST Global, and Lone Pine Capital, we are at the forefront of building the future of global payments and financial infrastructure.

Role Overview

As the Senior Compliance Manager & MLRO for Malaysia, you will play a critical role in shaping and maintaining Airwallex's compliance framework within the Malaysian market. This position requires a seasoned compliance professional with a deep understanding of local regulations and a proven track record in managing relationships with regulatory bodies, particularly Bank Negara Malaysia (BNM). You will be responsible for developing, implementing, and monitoring compliance programs to ensure Airwallex Malaysia operates in full compliance with all applicable laws and regulations.

A Day in the Life

Your day will be dynamic and varied, encompassing a range of responsibilities, including:

• Regulatory Liaison: Interacting with Bank Negara Malaysia (BNM) on regulatory matters, examinations, and ad-hoc requests. This includes preparing responses, attending meetings, and ensuring clear and transparent communication.
• STR Management: Overseeing the process of identifying, investigating, and filing Suspicious Transaction Reports (STRs) to the relevant authorities.
• EDD Oversight: Managing the Enhanced Due Diligence (EDD) process for high-risk customers, ensuring thorough and accurate risk assessments.
• Transaction Monitoring: Analyzing transaction monitoring alerts to identify potentially suspicious activity and taking appropriate action.
• Compliance Advisory: Providing guidance and support to internal teams on compliance-related matters, ensuring they understand and adhere to all applicable regulations.
• Framework Development: Contributing to the development and enhancement of Airwallex’s global compliance framework, tailoring it to the specific requirements of the Malaysian market.
• Stakeholder Management: Engaging with external stakeholders, including financial partners and regulatory bodies, to represent Airwallex's interests and build strong relationships.

Why Kuala Lumpur?

Kuala Lumpur is a strategic location for Airwallex due to its thriving financial sector and its position as a key hub in Southeast Asia. The city offers a diverse and dynamic business environment, with access to a skilled workforce and a growing fintech ecosystem. By establishing a strong compliance presence in Kuala Lumpur, Airwallex demonstrates its commitment to the Malaysian market and its dedication to meeting the regulatory requirements of the region. This role offers a unique opportunity to be at the forefront of Airwallex's expansion in Southeast Asia, contributing to the company's global growth strategy.

Career Path

This Senior Compliance Manager & MLRO position offers significant career growth potential within Airwallex. Depending on your performance and interests, you could progress to roles such as:

• Director of Compliance: Overseeing all compliance activities for Airwallex in Malaysia and potentially other regions.
• Regional Head of Compliance: Leading compliance efforts across multiple countries within Southeast Asia.
• Global Compliance Leadership Roles: Taking on responsibilities for specific compliance functions at a global level, such as AML, KYC, or sanctions compliance.

Airwallex is committed to providing its employees with opportunities for professional development and advancement. We offer training programs, mentorship opportunities, and a culture that encourages continuous learning.

Salary & Benefits

Airwallex offers a competitive salary and benefits package commensurate with your experience and qualifications. The estimated salary range for this position in Kuala Lumpur is $120,000 - $180,000 USD per year. Actual compensation will be determined based on factors such as skills, experience, and location. In addition to base salary, Airwallex provides a comprehensive benefits package that includes:

• Medical Insurance: Comprehensive health coverage for you and your dependents.
• Paid Time Off: Generous vacation and sick leave policies to ensure a healthy work-life balance.
• Employee Stock Options: Opportunity to participate in the company's success through equity ownership.
• Performance-Based Bonuses: Rewards for outstanding performance and contributions to the company's goals.
• Flexible Work Arrangements: Options for flexible work hours and remote work, depending on the needs of the role.
• Company-Sponsored Events and Activities: Opportunities to connect with colleagues and build relationships through social events and team-building activities.

Airwallex Culture

Airwallex fosters a culture of innovation, collaboration, and ownership. We are looking for individuals who are passionate about solving complex problems and building the future of global finance. Our values include:

• Customer Obsession: We put our customers first and strive to exceed their expectations.
• Innovation: We embrace creativity and are constantly seeking new ways to improve our products and services.
• Ownership: We take responsibility for our actions and are committed to delivering results.
• Collaboration: We work together as a team to achieve our goals.
• Integrity: We act with honesty and transparency in all our dealings.

How to Apply

If you are a highly motivated and experienced compliance professional with a passion for fintech, we encourage you to apply for the Senior Compliance Manager & MLRO position at Airwallex. To apply, please submit your resume and cover letter through our online application portal. Be sure to highlight your relevant experience, skills, and qualifications, and explain why you are interested in joining Airwallex.

FAQ

1. What are the key responsibilities of the Senior Compliance Manager & MLRO?

   The key responsibilities include managing regulatory relationships, overseeing STR filings, managing EDD processes, providing compliance advisory, and developing and implementing compliance programs.

2. What qualifications are required for this role?

   A bachelor's degree in finance, law, or a related field is required, along with extensive experience in financial crime compliance and a strong understanding of AML regulations in Malaysia.

3. What is the salary range for this position?

   The estimated salary range is $120,000 - $180,000 USD per year, depending on experience and qualifications.

4. What benefits does Airwallex offer?

   Airwallex offers a comprehensive benefits package, including medical insurance, paid time off, employee stock options, and performance-based bonuses.

5. What is the company culture like at Airwallex?

   Airwallex fosters a culture of innovation, collaboration, and ownership, with a focus on customer obsession and integrity.

6. What career growth opportunities are available?

   Opportunities for career growth include advancement to director-level positions, regional leadership roles, and global compliance responsibilities.

7. How does this role contribute to Airwallex's overall strategy?

   This role is critical to ensuring Airwallex's compliance with Malaysian regulations, supporting the company's expansion in Southeast Asia and contributing to its global growth strategy.

8. What is the interview process like?

   The interview process typically involves multiple rounds of interviews with hiring managers and other members of the compliance team.

9. What are the working hours for this role?

   Working hours are typically standard business hours, but may vary depending on the needs of the role and the company.

10. Where is the office located?

    The office is located in Kuala Lumpur, Malaysia. Specific address details will be provided during the interview process.