Senior Manager, Credit Risk

This is a fully remote position, open to applicants in Texas.

📋 Description

• Oversee Airwallex's global second-line management of credit, FX, and counterparty risk.

• Establish guidelines that promote responsible growth in merchant acquiring, charge cards, FX, treasury, settlement, and banking-partner activities.

• Manage the global risk framework, including risk appetite, limits, governance, and portfolio oversight across various products and legal entities.

• Provide independent assessments of first-line decisions and offer trusted guidance to senior leadership.

• Supervise credit exposures and evaluate underwriting strategies, customer and merchant risk policies, credit assessments, limit-setting methodologies, exception processes, and risk mitigation strategies.

• Develop and oversee second-line controls for FX and counterparty risks, encompassing pre-funding, settlement, customer activities, treasury flows, banking and payment partners, merchants, and customers.

• Lead proactive analysis of portfolio trends and early-warning signs.

• Assist in risk committee decisions and significant approvals.

• Act as a representative for Credit Risk during regulatory examinations, audits, and banking-partner assessments.

⛳️ Requirements

• 10–15 years of progressively senior experience in credit risk, counterparty risk, FX risk, treasury risk, or related financial risk areas within banking, payments, fintech, or other highly regulated financial services.

• Extensive experience in designing, implementing, and managing second-line credit risk frameworks in a complex, multi-jurisdictional environment.

• Strong expertise in identifying, measuring, underwriting, managing limits, monitoring, mitigating, provisioning, recognizing losses, and understanding capital implications related to credit risk.

• Proven track record of managing risks across various product lines, including merchant acquiring, commercial or charge cards, B2B lending, payment processing, FX, treasury, settlement, or banking-partner activities.

• Practical experience in overseeing FX and counterparty risks, including exposure measurement, concentration risk, limits, settlement risk, pre-funding, collateral or other risk mitigants, and escalation governance.

• Demonstrated ability to challenge first-line decisions and clearly communicate risk positions to senior executives, commercial leaders, product and operations teams, banking partners, auditors, and regulators.

• Advanced degree such as an MBA or a Master's in Finance, Economics, Risk Management, or a related discipline (preferred).

• Professional certifications such as FRM, PRM, CFA, or an equivalent qualification (preferred).

• Experience with automated decisioning engines, credit scoring models, portfolio analytics, or alternative data utilized in underwriting and monitoring (preferred).

• Familiarity with IFRS 9, expected credit loss methodologies, stress testing, or other pertinent prudential and accounting frameworks (preferred).

• Strong data literacy and experience with SQL, Python, or similar tools for analyzing portfolio, exposure, and loss trends (preferred).

• Experience in a regulated payments fintech, digital bank, or financial institution with multiple licenses and banking partnerships (preferred).

• Comfort operating in a fast-paced environment with changing priorities and a focus on practical, scalable execution (preferred).

🏝️ Benefits

• Equity

• Bonus eligibility

• Medical insurance

• Dental insurance

• Vision insurance

• 401(k) plan

• Short-term disability

• Long-term disability

• Basic life insurance

• Well-being benefits

• 20 paid vacation days for US-based employees

• 12 paid company holidays for US-based employees

• Statutory minimum paid annual leave and public holidays