← All roles

Senior Manager, Credit Risk

Airwallex· Regulatory & Compliance
Apply on company site
UK - LondonFull-timePosted 1mo ago

About the role

Senior Manager, Credit Risk at Airwallex leading global second-line oversight of credit, FX, and counterparty risk. You will set risk guardrails, govern risk appetite and portfolio oversight, challenge first-line decisions, and partner with multiple stakeholders across products and regions. Based in London, UK.

Responsibilities

  • Credit risk framework and risk appetite: Define, implement, and continuously enhance the global second-line credit risk framework, including policies, risk appetite thresholds, limits, escalation protocols, and governance standards across Airwallex’s products and legal entities.
  • Credit portfolio oversight: Oversee credit exposures across merchant acquiring, charge cards, B2B and commercial activities, FX pre-funding, treasury-related exposures, settlement flows, and other relevant products.
  • Underwriting and limit governance: Review and challenge first-line underwriting strategies, customer and merchant risk policies, credit assessments, limit-setting methodologies, and exception processes. Act as a senior escalation point for complex or high-value credit decisions.
  • FX risk oversight: Establish and monitor second-line guardrails for FX exposures from pre-funding, settlement, customer activity, treasury flows, and multi-currency activities; challenge controls, limits, escalation triggers, and risk reporting.
  • Counterparty risk management: Set and oversee counterparty risk standards for banking partners, payment partners, merchants, customers, and other material counterparties; establish exposure limits and monitoring requirements.
  • Portfolio monitoring and early warning indicators: Lead proactive monitoring of credit, FX, and counterparty portfolios; identify emerging trends and escalate material issues.
  • Loss mitigation and remediation: Review and challenge first-line monitoring, collections, collateral, prefunding, reserves, chargeback, and other mitigation strategies.
  • New products and market expansion: Assess risk design of new products, features, markets, currencies, and partner arrangements before launch.
  • Risk approvals and governance: Lead or support risk committee decisions, material risk approvals, limit exceptions, breach assessments, and remediation plans.
  • Regulatory and partner engagement: Represent Credit Risk during regulatory examinations, audits, and reviews; prepare materials for senior management, risk committees, and the Board.

Qualifications

  • 10–15 years of progressively senior experience across credit risk, counterparty risk, FX risk, treasury risk, or related financial risk disciplines within banking, payments, fintech, or regulated financial services environment.
  • Deep experience designing, implementing, and governing second-line credit risk frameworks in a complex, multi-jurisdictional organization.
  • Strong understanding of credit risk identification, measurement, underwriting, limit management, monitoring, mitigation, provisioning, loss recognition, and capital implications.
  • Experience overseeing multiple product lines (merchant acquiring, commercial/charge cards, B2B lending, payment processing, FX, treasury, settlement, banking-partner activities).
  • Practical experience overseeing FX and counterparty risk, including exposure measurement, concentration risk, limits, settlement risk, prefunding, collateral or mitigants, and escalation governance.
  • Proven ability to challenge first-line decisions and communicate risk positions to senior executives, product and operations teams, banking partners, auditors, and regulators.

Skills

Required:Credit risk framework developmentUnderwriting and limit governanceFX risk managementCounterparty risk managementRegulatory engagement

Benefits

  • Not specified in the description.
Last updated Oct 15, 2026. Interested? Apply on the company site.
Airwallex logo

About Airwallex

Trusted Global Payments & Financial Platform

Grow your business faster with Airwallex - global business accounts, high speed transfers, multi-currency cards, online payments, embedded finance, and more.

PaymentsBankingFinancialGlobal
Company profileWebsite

More open roles at Airwallex