Senior Manager, Credit Risk

Overview

This role is for a Senior Manager, Credit Risk responsible for global second-line oversight of credit, FX, and counterparty risk. You will set risk guardrails that support responsible growth across merchant acquiring, charge cards, FX, treasury, settlement, and banking-partner activities.

Responsibilities

• Lead global second-line oversight of credit, FX, and counterparty risk, setting guardrails to support responsible growth across merchant acquiring, charge cards, FX, treasury, settlement, and banking-partner activities.
• Own the global risk framework, risk appetite, limits, governance, and portfolio oversight across products and legal entities.
• Provide independent challenge to first-line decisions and trusted guidance to senior leaders.
• Oversee credit exposures and challenge underwriting strategies, including customer and merchant risk policies, credit assessments, limit-setting methodologies, exception processes, and mitigation strategies.
• Establish and monitor second-line controls for FX and counterparty exposures, including pre-funding, settlement, customer activity, treasury flows, banking partners, payment partners, merchants, and customers.
• Lead proactive monitoring of portfolio trends and early-warning indicators.
• Support risk committee decisions and material approvals.
• Represent Credit Risk in regulatory examinations, audits, and banking-partner reviews.

Requirements

• 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 another highly 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.
• Demonstrated experience managing risk across multiple product lines, such as merchant acquiring, commercial or charge cards, B2B lending, payment processing, FX, treasury, settlement, or banking-partner activities.
• Practical experience overseeing FX and counterparty risk, including exposure measurement, concentration risk, limits, settlement risk, prefunding, collateral or other mitigants, and escalation governance.
• Proven ability to challenge first-line decisions and communicate clear risk positions to senior executives, commercial leaders, product and operations teams, banking partners, auditors, and regulators.

Preferred Qualifications

• Advanced degree such as an MBA or Master's in Finance, Economics, Risk Management, or a related field.
• Professional certification such as FRM, PRM, CFA, or an equivalent qualification.
• Experience with automated decisioning engines, credit scoring models, portfolio analytics, or alternative data used in underwriting and monitoring.
• Familiarity with IFRS 9, expected credit loss methodologies, stress testing, or other relevant prudential and accounting frameworks.
• Strong data literacy and familiarity with SQL, Python, or similar tools used to analyze portfolio, exposure, and loss trends.
• Experience working in a regulated payments fintech, digital bank, or financial institution with multiple licenses and banking partnerships.
• Comfort operating in a high-growth environment with evolving priorities and a bias for practical, scalable execution.

Compensation & Benefits

• Compensation and benefits information not provided in the source description.

Location

• Dallas, Texas — fully remote.

Equal Opportunity

• The employer is an equal opportunity employer. Employment decisions are based on merit, qualifications, competence, and talent, without regard to legally protected characteristics.

Applicant Safety Policy

• To protect applicants from recruitment scams, the employer states it will not ask for bank details, sensitive ID numbers (i.e. passport), or any form of payment during the application or interview process. All official communication is stated to come from an @airwallex.com email address.
• Unsolicited resumes from search firms/recruiters are not accepted, and fees are not paid to search firms/recruiters unless an agreement exists for specific open positions.