VP, Financial Crimes Compliance & Risk

Company: Airwallex
Location: San Francisco
Posted on: May 27, 2023

Job Description:

Airwallex is a global payments fintech company transforming the way businesses move and manage money globally. We have built a global financial infrastructure platform to help businesses transact, collect and pay across 130+ countries and 50+ currencies, without the constraints of the traditional global financial system. We've grown to 13 global locations and have raised over $900 million in funding. To support our ambitious growth plans, we're looking for smart, collaborative and passionate people who are looking to make a genuine impact.Reporting to the Chief Legal, Compliance and Risk Officer, this role will manage and supervise the Financial Crimes Compliance and Risk Teams of the Airwallex group globally and seek to maintain, advance and uplift the Airwallex compliance and risk programs. You will play an influential role in our growth story. This role can be based in Melbourne, Sydney, Hong Kong, Singapore, UK, Amsterdam or San Francisco.You will:

• Lead the global Financial Crimes Compliance & Risk teams
• Refine and uplift (where necessary) the current global FCC and Risk frameworks for Airwallex
• Manage and oversee all aspects of the financial crime and risk programs, which includes KYC onboarding, due diligence processes, and transaction monitoring rules and processes for AML, CTF, and sanctions
• Ensure effective risk management across all risk domains, including fraud risk, credit risk, financial risk, brand risk, and enterprise risk for all products
• Design and draft policies and procedures to implement our FCC and risk programs
• Assist and support the design and creation of the relevant strategy in relation to FCC and risk
• Partner with product and engineering teams to assist in the building of the state of the art compliance and risk programs which focus on data, risk allocation, and efficiency
• Communicate applicable risks, costs, progress, and results to all relevant internal and external partners as well as regulators
• Oversee the use of high-volume data to investigate, identify and report trends linked to AML typologies and compliance to leadership
• Investigate, identify and develop triggers, rules and algorithms for transaction monitoring
• Design and execute reports to measure success and performance of initiatives
• Drive internal controls design and monitoring to support Compliance Operational policy and procedures
• Partner with Compliance Operations, Legal, Engineering, Product, Strategy, and Business Development to achieve results for team and the global FCC and Risk departments
• Produce reports to measure success and performance of FCC and Risk initiatives, program, operations, critical metrics and key risk indicators
• Remain up-to-date on regulatory changes and landscape, best practices, and cutting-edge developmentsYou have:
  • 18+ years of relevant experience in compliance and risk
  • 5+ years managing teams across multiple geographies
  • Experience in FinTech, e-commerce, RegTech, compliance consulting, accounting or financial services
  • Familiarity with AML, CTF and FATF regulations and scheme rules globally
  • Ability to work with data
  • Certification in compliance related areas (ICA or CAMS)
  • Knowledge in core AML and Risk products, money laundering and terrorism typology, segmentation, scenarios, models, methodology, and AML and risk related tools
  • Experience with Transaction Monitoring, Screening, Financial Investigations or similar disciplines
  • Ability to understand the larger picture and environment while operating in a focused manner
  • Outstanding time management, presentation, and relationship building skillsLife At Airwallex

Keywords: Airwallex, San Francisco , VP, Financial Crimes Compliance & Risk, Executive , San Francisco, California