Senior Manager - Fraud & Loss Prevention
Singapore
Risk & Governance – Fraud & Loss Prevention /
Full-time /
Hybrid
Nium, the Leader in Real-Time Global Payments
Nium, the global leader in real-time, cross-border payments, was founded on the mission to deliver the global payments infrastructure of tomorrow, today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs, and businesses everywhere collect, convert, and disburse funds instantly across borders.
Its payout network supports 100 currencies and spans 220+ markets, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 35 markets. Nium's growing card issuance business is already available in 34 countries. Nium holds regulatory licenses and authorizations in more than 40 countries, enabling seamless onboarding, rapid integration, and compliance – independent of geography. The company is co-headquartered in San Francisco and Singapore.
About the Role :
We are seeking an experienced Senior Manager for our Payments Risk and Fraud division. This individual will lead the development and implementation of strategies to mitigate payment risks and prevent fraud, ensuring the security and integrity of our payment systems. The ideal candidate will have a deep understanding of the payments landscape, fraud prevention techniques, and regulatory requirements in Singapore.
Key Responsibilities :
Risk Management
Develop and implement comprehensive risk management strategies to identify, assess, and mitigate payment-related risks.
Conduct regular risk assessments and audits of payment processes and systems.
Establish and maintain robust risk reporting mechanisms to inform senior leadership of potential risks and mitigation measures.
Fraud Prevention:
Design and implement effective fraud prevention frameworks, policies, and procedures.
Monitor and analyze transaction data to identify fraudulent activities and trends.
Lead investigations into suspected fraud cases and work with relevant authorities and stakeholders to resolve issues.
Regulatory Compliance:
Ensure all payment activities comply with relevant regulations and industry standards.
Stay updated on changes in regulatory requirements and adjust company policies accordingly.
Team Leadership:
Manage and mentor a team of risk and fraud analysts, providing guidance and support to enhance their skills and performance.
Foster a collaborative and high-performing team environment.
Conduct regular performance reviews and provide constructive feedback.
Stakeholder Engagement:
Collaborate with internal departments (e.g., IT, Legal, Customer Service) to align risk and fraud prevention efforts with overall business objectives.
Build and maintain relationships with external partners, including financial institutions and payment processors, to enhance risk and fraud prevention capabilities.
Data Analysis and Reporting:
Utilize advanced data analytics tools to detect and predict payment fraud patterns.
Prepare detailed reports on risk and fraud metrics, presenting findings to senior management.
Recommend actionable insights and improvements based on data analysis.
Requirements
- Bachelor’s degree in Finance, Business, Information Technology, or a related field.
- At least 8-10 years of experience in payments risk management and fraud prevention, preferably with a combination of experience in both large banks and fintech companies.
- In-depth knowledge of payment systems, fraud detection technologies, and risk management practices.
- Strong understanding of regulatory requirements in Singapore and the Asia-Pacific region.
- Excellent analytical, problem-solving, and decision-making skills.
- Proven ability to lead and develop high-performing teams.
- Exceptional communication and interpersonal skills.
- Professional certifications (e.g., CFE, CAMS, CISA) are a plus.
What we offer at Nium
We Value Performance: Through competitive salaries, performance bonuses, sales commissions, equity for specific roles and recognition programs, we ensure that all our employees are well rewarded and incentivized for their hard work.
We Care for Our Employees: The wellness of Nium’ers is our #1 priority. We offer medical coverage along with 24/7 employee assistance program, generous vacation programs including our year-end shut down. We also provide a flexible working hybrid working environment (3 days per week in the office).
We Upskill Ourselves: We are curious, and always want to learn more with a focus on upskilling ourselves. We provide role-specific training, internal workshops, and a learning stipend
We Constantly Innovate: Since our inception, Nium has received constant recognition and awards for how we approach both our business and talent opportunities.
We Celebrate Together: We recognize that work is also about creating great relationships with each other. We celebrate together with company-wide social events, team bonding activities, happy hours, team offsites, and much more!
We Thrive with Diversity: Nium is truly a global company, with more than 33 nationalities, based in 18+ countries and more than 10 office locations. As an equal opportunity employer, we are committed to providing a safe and welcoming environment for everyone.
For more information visit www.nium.com
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