Senior Risk Manager – AML & Financial Crime (Payments)

Razorpay; Kuala Lumpur; On-site; MYR 180,000 - 300,000; Full time

Job summary

Razorpay in Kuala Lumpur, Malaysia, seeks an experienced Risk Manager to lead AML, transaction monitoring, and merchant risk oversight within a payments/fintech environment. You will drive end-to-end financial crime risk processes and collaborate with Compliance, Legal, Product, and Operations.

The role emphasizes developing risk frameworks, monitoring rules, investigations, and regulatory reporting, with data-driven risk assessments and cross-functional collaboration with external partners and

Qualifications

• 8-10 years of experience in AML, transaction monitoring, merchant investigations, or financial crime risk.
• fintech, payments, card networks, banking, or e-money institutions preferred.
• Strong knowledge of Bank Negara Malaysia AML/CFT guidelines.
• Strong investigative skills: identify anomalies, connect data points, and build narratives.
• Excellent written and verbal communication skills.
• Relevant certifications (e.g., ACAMS, ICA, CFCS) are a plus.

Responsibilities

• Develop, enhance, and execute AML/CFT frameworks aligned with BNM guidelines.
• Oversee daily AML transaction monitoring, alerts triage, case escalation, and STR generation support.
• Review suspicious activities, prepare investigation summaries, and support AML reporting to regulators.
• Identify typologies related to fraud, money laundering, mule accounts, and merchant misuse.
• Manage and optimize transaction monitoring rules, thresholds, and scenarios across payment channels.
• Conduct deep-dive investigations on high-risk patterns, anomalies, and AML/CFT breaches.
• Lead cross-functional reviews for complex cases involving potential fraud, abuse, or compliance risks.
• Perform post onboarding risk assessments, including KYC, due diligence, licensing checks, and business model verification.
• Conduct ongoing merchant monitoring, periodic reviews, and enhanced due diligence for high-risk categories.
• Investigate chargeback spikes, abnormal payment patterns, and misuse of payment services.
• Partner with Product and Ops teams to develop controls for high-risk verticals and restricted business categories.
• Drive periodic risk assessments covering merchant portfolio, AML risk, and financial crime trends.
• Draft and update SOPs, risk policies, playbooks, and investigation frameworks.
• Prepare risk dashboards and metrics for senior management and regulatory stakeholders.
• Collaborate with Bank Negara Malaysia, law enforcement, acquiring banks, networks and external partners when needed.
• Train internal teams on AML risks, suspicious activity identification, and fraud prevention.
• Provide subject-matter advice on new products, features, and market expansion initiatives.

Skills

Analytical thinking

Investigative skills

Communication skills

Financial crime knowledge

Job description

Razorpay in Kuala Lumpur, Malaysia, seeks an experienced Risk Manager to lead AML, transaction monitoring, and merchant risk oversight within a payments/fintech environment. You will drive end-to-end financial crime risk processes and collaborate with Compliance, Legal, Product, and Operations.

The role emphasizes developing risk frameworks, monitoring rules, investigations, and regulatory reporting, with data-driven risk assessments and cross-functional collaboration with external partners and