Senior Manager, Fraud Risk - London, United Kingdom

Role Overview

Airwallex is seeking a highly motivated and experienced Senior Manager, Fraud Risk to join our Legal, Risk & Compliance (LRC) team. In this role, you will be a subject matter expert in fraud risk management, responsible for developing and implementing fraud risk policies, overseeing fraud controls, and ensuring Airwallex effectively manages fraud risk across its diverse product and customer base. You will report directly to the Director, Fraud Risk and play a crucial role in safeguarding our operations and maintaining regulatory compliance.

A Day in the Life

As a Senior Manager, Fraud Risk, your day will be dynamic and multifaceted, involving a blend of strategic planning, policy implementation, and hands-on execution. Here's a glimpse of what a typical day might look like:

• Morning: Start by reviewing the latest fraud trends and statistics, analyzing any emerging threats or vulnerabilities. Collaborate with the fraud operations team to discuss recent incidents and identify areas for improvement.
• Mid-day: Work on developing and refining Airwallex's fraud risk framework, ensuring it aligns with the company's risk appetite and regulatory requirements. This may involve researching industry best practices, consulting with internal stakeholders, and updating policy documents.
• Afternoon: Participate in meetings with product and engineering teams to discuss the integration of fraud prevention measures into new and existing products. Provide guidance on risk assessments and ensure that controls are designed to effectively mitigate potential fraud risks.
• Late Afternoon: Prepare reports and presentations for senior management, summarizing fraud risk management activities and highlighting key performance indicators. Respond to inquiries from regulatory bodies or financial partners related to fraud prevention.

Why London?

London is a global financial hub and a center for innovation in the fintech industry. Basing this role in London offers several advantages:

• Access to Talent: London has a deep pool of experienced professionals in fraud risk management and related fields.
• Regulatory Environment: London is a key location for engaging with regulatory bodies and staying abreast of evolving compliance requirements.
• Strategic Location: London serves as a central hub for Airwallex's European operations, facilitating collaboration with teams across the region.
• Career Growth: Working in London provides opportunities to expand your network and advance your career in the global fintech landscape.

Career Path

At Airwallex, we are committed to providing our employees with opportunities for professional growth and development. As a Senior Manager, Fraud Risk, you can progress your career in several directions:

• Director, Fraud Risk: Lead a team of fraud risk professionals and oversee the company's entire fraud risk management program.
• Head of Risk Management: Broaden your scope to oversee all aspects of risk management, including fraud, credit, and operational risk.
• Executive Leadership: Advance into senior leadership roles, such as Chief Risk Officer, contributing to the overall strategic direction of the company.

Salary & Benefits

Airwallex offers a competitive salary and benefits package commensurate with experience and qualifications. While the exact salary range will be determined based on individual circumstances, a typical salary range for a Senior Manager, Fraud Risk in London is estimated between $90,000 and $140,000 USD annually (converted from GBP). In addition to salary, Airwallex provides a comprehensive benefits package, including:

• Health insurance and wellness programs
• Retirement savings plan
• Employee stock options
• Generous vacation and leave policies
• Professional development budget
• Company-sponsored events and activities

Airwallex Culture

At Airwallex, we foster a culture of innovation, collaboration, and ownership. We value individuals who are passionate about solving complex problems, driving impact, and building the future of global finance. We encourage our employees to think like founders, take initiative, and challenge the status quo. We are committed to creating a diverse and inclusive work environment where everyone feels valued and respected.

How to Apply

If you are a highly motivated and experienced fraud risk professional looking for a challenging and rewarding opportunity, we encourage you to apply for the Senior Manager, Fraud Risk position at Airwallex. To apply, please submit your resume and cover letter through our online application portal.

FAQ

1. What is Airwallex's mission?

   Airwallex's mission is to empower businesses to operate globally without borders by providing a unified platform for payments, financial services, and global expansion.

2. What are Airwallex's core values?

   Airwallex's core values include customer obsession, innovation, collaboration, ownership, and integrity.

3. What is Airwallex's approach to fraud risk management?

   Airwallex takes a proactive and comprehensive approach to fraud risk management, focusing on prevention, detection, and response. We leverage advanced technologies, robust policies, and a skilled team of professionals to mitigate fraud risks effectively.

4. What types of fraud risks does Airwallex face?

   Airwallex faces a variety of fraud risks, including payment fraud, account takeover, identity theft, and merchant fraud. We continuously monitor and adapt our fraud prevention measures to address emerging threats.

5. What is Airwallex's regulatory compliance framework?

   Airwallex is committed to complying with all applicable regulations and laws in the jurisdictions where we operate. Our regulatory compliance framework includes Know Your Customer (KYC), Anti-Money Laundering (AML), and other relevant regulations.

6. What are the key performance indicators (KPIs) for fraud risk management?

   Key performance indicators for fraud risk management include fraud rate, fraud loss amount, fraud detection rate, and customer satisfaction.

7. What is Airwallex's incident response plan for fraud incidents?

   Airwallex has a well-defined incident response plan for fraud incidents, which includes containment, investigation, remediation, and reporting.

8. How does Airwallex use technology to prevent fraud?

   Airwallex leverages a variety of technologies to prevent fraud, including machine learning, artificial intelligence, and behavioral analytics.

9. What is Airwallex's approach to customer education on fraud prevention?

   Airwallex provides customer education on fraud prevention through various channels, including online resources, webinars, and email communications.

10. What is Airwallex's long-term vision for fraud risk management?

    Airwallex's long-term vision for fraud risk management is to create a secure and trusted platform for global businesses, enabling them to transact with confidence.