Director, Credit Risk

Location: London, United Kingdom

Company

Airwallex is a global fintech providing unified payments, business accounts, spend management, treasury, and embedded finance solutions.

What you will do

• Lead global second-line oversight of credit, FX, and counterparty risk across multiple products and legal entities.
• Define and enhance risk frameworks, risk appetite thresholds, limits, escalation protocols, and governance standards.
• Oversee credit exposures across merchant acquiring, charge cards, B2B and commercial activities, FX pre-funding, treasury, settlement, and banking partnerships.
• Review and challenge first-line underwriting, credit assessments, limit-setting, monitoring, mitigation, and exception processes.
• Monitor exposure, concentration, delinquency, default, chargeback, loss, settlement, and counterparty liquidity indicators.
• Represent Credit Risk in risk committees, regulatory examinations, audits, and banking-partner reviews.

Requirements

• 10–15 years of progressively senior experience in credit, counterparty, FX, treasury, or related financial risk disciplines.
• Experience designing, implementing, and governing second-line credit risk frameworks in complex, multi-jurisdictional organizations.
• Strong knowledge of credit risk identification, measurement, underwriting, limits, monitoring, mitigation, provisioning, loss recognition, and capital implications.
• Experience across products such as merchant acquiring, commercial or charge cards, B2B lending, payment processing, FX, treasury, settlement, or banking partnerships.
• Practical experience overseeing FX and counterparty exposure, concentration risk, settlement risk, prefunding, collateral, and escalation governance.
• Ability to challenge first-line decisions and communicate risk positions to executives, commercial and product teams, partners, auditors, and regulators.

Nice to have

• Advanced degree in finance, economics, risk management, or a related field.
• FRM, PRM, CFA, or equivalent professional certification.
• Experience with automated decisioning, credit scoring, portfolio analytics, alternative underwriting data, IFRS 9, expected credit loss, or stress testing.
• Strong data literacy and familiarity with SQL, Python, or similar analytical tools.
• Experience in a regulated payments fintech, digital bank, or financial institution with multiple licenses and banking partnerships.

Culture & Benefits

• Work on high-visibility risk challenges across a global financial platform.
• Collaborate with Product, Engineering, Commercial, Treasury, Finance, Operations, Compliance, and Legal.
• Operate with founder-like ownership, practical execution, curiosity, and a balance of speed and rigor.
• Join a global organization with more than 2,300 employees across 27 offices.