Card Product Manager

bit official; Singapore; On-site; SGD 150,000 - 210,000; Full time

Job summary

BIT is seeking a product leader to own the card issuing risk control lifecycle, building an end-to-end risk platform with real-time interception and investigation workflows. You will refine rules, thresholds, and monitoring to balance fraud prevention with user experience across diverse card types.

You will partner with risk operations, data analytics, and engineering to ensure millisecond decision engines stay compliant with Visa/Mastercard guidelines while exploring AI/ML enhancements to

Qualifications

• Bachelor's degree or above in a related field.
• Strong SQL and data analysis skills to investigate anomalous signals and evaluate rule performance.
• Excellent cross-functional communication with risk, compliance, data analytics and engineering teams.

Responsibilities

• Own the full lifecycle of card issuing risk control product, building an end-to-end risk platform.
• Refine risk engine rules and threshold configurations to improve fraud detection while reducing false positives.
• Design and optimize post-transaction monitoring, review workflows, and settlement-cycle protections.
• Tailor limit controls, 3DS strategies, and risk protections for different user tiers and card types.
• Collaborate with risk operations to improve alert routing, case management, and processing efficiency.
• Work with data and engineering to ensure millisecond-level decision engine stability and regulatory compliance.
• Explore AI/ML models to improve detection accuracy for complex fraud rings.

Skills

SQL

Data analysis

Education

Bachelor's degree or above in related field

Job description

BIT (formerly Matrixport) is a global digital asset financial services and infrastructure group. Headquartered in Singapore and founded in 2019, BIT bridges traditional finance and digital assets through governance-driven financial services and technology.

The firm manages over US$7 billion in assets and facilitates more than US$7 billion in monthly trading volume. BIT offers services including custody, trading, asset and wealth management, liquidity and financing solutions, and tokenised real-world assets (RWA), serving institutional and professional investors globally.

BIT Group entities maintain a licensed and regulated footprint across Singapore, Hong Kong, Switzerland, the United Kingdom, the United States and Bhutan.

For more information, visit www.bit.com

At BIT, we tackle complex problems as a team. We encourage openness and promote transparency, respect, and inclusivity. Every team member is valued and has a voice that can be heard. We are always in search of intellectually curious and entrepreneurial individuals who are keen on making an impact in the crypto ecosystem and in building a better product for the next one billion users.

Job Responsibilities:

• Own the full lifecycle of the card issuing payment risk control product, building an end-to-end risk platform encompassing real-time authorization interception rules, static/dynamic limit systems, and abnormal transaction alerting mechanisms.
• Continuously refine risk engine rules and threshold configurations to improve fraud detection quality while significantly reducing false-positive (false-decline) rates, balancing risk control red lines against payment approval rates.
• Establish scalable post-transaction monitoring and manual review workflows; design authorization holds, offline force-debit protection, and settlement-cycle FX slippage prevention mechanisms.
• Tailor differentiated limit controls, 3DS verification strategies, and risk protection mechanisms for different user tiers, card types, and suspicious payment scenarios.
• Work closely with the risk operations team to optimize alert routing, case management, and review/unblocking workflows, improving investigation and processing efficiency.
• Partner with data and engineering teams to ensure the stability of millisecond-level decision engines, ensuring the card portfolio's fraud rate complies with Visa/Mastercard and BIN Sponsor compliance and regulatory requirements.
• Explore and apply AI and machine learning models to improve detection accuracy for complex fraud rings and anomalous transactions, reducing manual operational costs.

Job Requirements:

• Bachelor's degree or above, with 3+ years of experience in payment risk control, card issuing systems, or digital banking product management.
• Experience in product design related to card issuing risk control / real-time authorization interception / limit management / loss prevention (strongly relevant experience preferred).
• Understanding of the fundamentals of how crypto operates; experience with crypto cards or Web3 payments is a plus.
• 3+ years of experience as a product manager in payment risk control, card issuing systems, or digital banking, with experience building issuing-side real-time authorization interception, transaction monitoring, or anti-fraud systems.
• Ability to plan and configure risk detection logic, static/dynamic limit matrices, frequency rules, identity verification strategies, and risk thresholds.
• Strong data-driven mindset, proficient with SQL and data analysis tools to investigate anomalous transaction signals, evaluate rule performance, and optimize false-positive rates.
• Excellent cross-functional communication skills, able to collaborate effectively with risk operations, compliance, data analytics, and engineering teams to drive complex projects to completion.
• Experience building automated, scalable risk control systems within a strict risk and compliance environment, with the ability to balance interception rates, operational processing efficiency, and user payment experience.

Preferred:

• Experience building card issuing systems or integrating with third-party CaaS (Card-as-a-Service) providers.
• Experience building crypto cards or crypto on/off-ramp solutions.
• Experience building a card issuing risk control engine or risk case management system from 0 to 1.
• Familiarity with early chargeback-prevention networks such as Ethoca / Verifi, and card network dispute/chargeback handling processes.