Director, Global Credit & FX Risk

Airwallex; Greater London; On-site; GBP 140,000 - 190,000; Full time

Job summary

Airwallex in London is seeking a Director, Credit Risk to lead the global second-line oversight of credit, FX, and counterparty risk. You will set risk guardrails and govern portfolio oversight across merchant acquiring, charge cards, FX, treasury, settlement, and banking-partner activities, reporting to the Senior Director, Financial Risk.

This role offers the chance to shape risk strategy for a fast-growing fintech, collaborate with Product, Engineering, Commercial, Treasury, and Compliance,

Qualifications

• 10–15 years of progressively senior experience in credit risk, counterparty risk, FX risk, treasury risk, or related financial risk disciplines.
• Deep experience designing, implementing, and governing second-line credit risk frameworks in a complex, multi‑jurisdictional organization.
• Strong ability to challenge first‑line decisions and communicate clear risk positions to senior executives.
• Excellent data literacy and familiarity with portfolio analytics, reporting, and risk tooling.

Responsibilities

• Credit risk framework and risk appetite: Define and enhance the global second-line framework and governance standards.
• Credit portfolio oversight: Oversee exposures across merchant acquiring, charge cards, FX pre-funding, and settlement flows.
• Underwriting and limit governance: Review underwriting strategies and policy adherence; escalate complex decisions.
• FX risk oversight: Set guardrails for FX exposures and monitor treasury-related risk.
• Counterparty risk management: Establish exposure limits and monitoring for banking and payment partners.
• Portfolio monitoring and early warning indicators: Proactively identify emerging risk trends and issues.
• Loss mitigation and remediation: Review controls, reserves, and mitigation strategies for at-risk counterparties.
• New products and market expansion: Assess risk design for new products and markets before launch.
• Risk approvals and governance: Lead risk committee decisions and ensure proper documentation.

Skills

Credit risk

Counterparty risk

FX risk

Risk governance

Stakeholder communication

Education

MBA or Master’s

FRM

CFA

Tools

SQL

Python

Job description

Airwallex in London is seeking a Director, Credit Risk to lead the global second-line oversight of credit, FX, and counterparty risk. You will set risk guardrails and govern portfolio oversight across merchant acquiring, charge cards, FX, treasury, settlement, and banking-partner activities, reporting to the Senior Director, Financial Risk.

This role offers the chance to shape risk strategy for a fast-growing fintech, collaborate with Product, Engineering, Commercial, Treasury, and Compliance,