Senior Manager, Fraud Risk at Airwallex - San Francisco

Are you an experienced fraud risk professional looking to make a significant impact in a rapidly growing fintech company? Airwallex is seeking a Senior Manager, Fraud Risk to join our dynamic Legal, Risk & Compliance (LRC) team in San Francisco. In this role, you will be a subject matter expert in fraud risk management, responsible for developing and implementing fraud risk policies and overseeing fraud controls across our diverse product and customer lifecycles. If you have a passion for safeguarding financial operations and a desire to build the future of global banking, we encourage you to apply!

Role Overview

As the Senior Manager, Fraud Risk, you will report directly to the Director, Fraud Risk within the Second Line of Defense risk team. Your primary responsibility will be to ensure that Airwallex effectively manages fraud risk and meets its regulatory and financial partner requirements. This includes owning and maintaining our fraud risk framework, developing and implementing organizational fraud policies, and continuously evaluating and enhancing fraud prevention measures. The ideal candidate will possess extensive experience in fraud risk oversight across a variety of customer and product domains, including bank payments, platform, payment acquiring (cards and local payment methods), and issuing.

A Day in the Life

Here’s a glimpse into what your day might look like:

• Start your day by reviewing the latest fraud trends and incidents, identifying any emerging risks that need immediate attention.
• Collaborate with product and engineering teams to assess the fraud risk implications of new product features and enhancements.
• Work on developing and updating fraud risk policies and procedures to ensure they are fit-for-purpose and aligned with industry best practices.
• Participate in meetings with stakeholders from various departments to provide expert guidance on fraud risk management.
• Analyze fraud data to identify patterns and trends, and develop strategies to mitigate these risks.
• Manage relationships with external fraud prevention vendors and partners, ensuring they are delivering effective solutions.
• Lead investigations into complex fraud cases, working closely with legal and compliance teams to develop remediation plans.
• Prepare and present fraud risk reports to senior management, highlighting key risks and mitigation strategies.
• Conduct training sessions for employees on fraud awareness and prevention.
• Stay up-to-date on the latest regulatory changes and industry trends related to fraud risk management.

Why San Francisco?

San Francisco is a global hub for innovation and technology, making it an ideal location for a fraud risk professional. Airwallex's presence in San Francisco allows you to be at the forefront of the fintech industry, surrounded by other leading companies and talented individuals. The city offers a vibrant and diverse culture, with access to world-class restaurants, museums, and outdoor activities. Additionally, San Francisco provides unparalleled opportunities for professional development and networking.

Career Path

At Airwallex, we are committed to providing our employees with opportunities for growth and advancement. As the Senior Manager, Fraud Risk, you can progress along several career paths, including:

• Director, Fraud Risk: Lead a larger team of fraud risk professionals and take on broader responsibilities for managing fraud risk across the organization.
• Head of Risk Management: Oversee all aspects of risk management, including fraud, credit, and operational risk.
• Chief Risk Officer: Serve as the senior risk executive, responsible for developing and implementing the company's overall risk management strategy.
• Subject Matter Expert: You could also choose to deepen your fraud risk expertise, advising internally or externally as a consultant.

We are committed to supporting your career aspirations and providing you with the resources and training you need to succeed.

Salary & Benefits

Airwallex offers a competitive salary and benefits package, commensurate with your experience and qualifications. While the specific salary for this role is not disclosed, a typical salary range for a Senior Manager, Fraud Risk in San Francisco is between $160,000 and $240,000 per year. Our comprehensive benefits package includes:

• Competitive salary and equity package.
• Comprehensive health, dental, and vision insurance.
• Generous paid time off policy.
• Paid parental leave.
• Flexible work arrangements.
• Professional development opportunities.
• Employee assistance program.
• Wellness programs.
• Commuter benefits.
• Company-sponsored events and activities.
• Snacks and beverages in the office.
• Opportunity to work on challenging and impactful projects.
• Collaborative and supportive work environment.
• Opportunity to grow and develop your career in a fast-growing company.
• Global mobility opportunities.
• 401(k) with company match.

Airwallex Culture

Airwallex is a fast-paced, innovative company with a strong focus on collaboration and customer success. We value individuals who are passionate, driven, and committed to making a difference. Our culture is based on the following principles:

• Customer-centricity: We always put the customer first and strive to provide them with the best possible experience.
• Innovation: We are constantly looking for new and better ways to solve problems and improve our products and services.
• Collaboration: We work together as a team to achieve our goals.
• Ownership: We take responsibility for our actions and are accountable for our results.
• Integrity: We act with honesty and integrity in everything we do.

We believe that our culture is a key differentiator and a major contributor to our success.

How to Apply

If you are interested in applying for the Senior Manager, Fraud Risk position at Airwallex, please submit your resume and cover letter through our online application portal. In your cover letter, please highlight your relevant experience and qualifications, and explain why you are a good fit for this role and our company.

FAQ

1. What are the key responsibilities of the Senior Manager, Fraud Risk?
   The Senior Manager, Fraud Risk is responsible for developing and implementing fraud risk policies, overseeing fraud controls, and ensuring that Airwallex effectively manages fraud risk and meets its regulatory requirements.
2. What qualifications are required for this role?
   The ideal candidate will have a bachelor's degree in Finance, Business Administration, or a related field, 10+ years of experience in fraud risk management, and a deep understanding of fraud schemes and regulatory requirements.
3. What is the salary range for this position?
   While the specific salary is not disclosed, a typical salary range for a Senior Manager, Fraud Risk in San Francisco is between $160,000 and $240,000 per year.
4. What benefits does Airwallex offer?
   Airwallex offers a comprehensive benefits package, including health, dental, and vision insurance, paid time off, parental leave, and professional development opportunities.
5. What is the company culture like?
   Airwallex has a fast-paced, innovative culture with a strong focus on collaboration, customer success, and integrity.
6. What are the career growth opportunities at Airwallex?
   Airwallex offers opportunities for growth and advancement, including potential paths to Director, Head of Risk Management, or Chief Risk Officer.
7. What types of fraud are you trying to prevent at Airwallex?
   Airwallex handles large transaction volumes through bank payments, payment acquiring (cards and local payment methods) and issuing, so this role will be involved in all stages of fraud prevention for all product lines.
8. Does Airwallex have any internal training programs for fraud prevention?
   Yes, we expect the Senior Manager, Fraud Risk to develop fraud risk training to employees across the organization.
9. How important is collaboration to this role?
   Collaboration is essential, as the Senior Manager will work closely with product, engineering, legal, and compliance teams.
10. What is Airwallex doing to promote diversity and inclusion?
    Airwallex has implemented several initiatives to promote diversity and inclusion, including employee resource groups, diversity training programs, and partnerships with organizations that support underrepresented groups.