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Senior Manager - Fraud & Loss Prevention

Nium Singapore
Posted 27 days ago Permanent Competitive
Senior Manager - Fraud & Loss Prevention
Nium, the Leader in Real-Time Global Payments

At Nium, we operate at the intersection of an increasingly interconnected world, where the traditional finance industry has been disrupted, and on-demand is in demand. Our payments infrastructure is leading a transformation in payments, enabling anyone, anywhere to make and receive payments instantly, regardless of the location or currency. We currently support:

-Regulatory Licenses and Authorizations in 40+ Countries, enabling seamless onboarding, rapid integration, and compliance

-190+ Pay Out Markets - 100+ in real time

-35+ Pay In Markets

-30+ Card Issuance Markets

-100+ Supported Currencies

Today, Nium is the leader in real-time global payments and the fastest way to send money across borders. We are co-headquartered in San Francisco and Singapore, with regional offices in Australia, Brazil, Hong Kong, India, Indonesia, Japan, Lithuania, London, Malaysia, Malta, Netherlands, and UAE.

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.

Which skills & experiences will make you successful?
    • 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.

Depending on your location, the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA) may regulate the way we manage the data of job candidates. Please review our Candidate Privacy Notice for more information.

Candidate Privacy Notice:

What we offer at Nium

We Value Performance: Through competitive salaries, performance bonuses, uncapped sales commissions and robust performance reviews, we ensure that all employees are rewarded and incentivized for their hard work.

We Care for Our Employees: The wellness of Nium'ers is our #1 priority. In addition to many other benefits, we offer medical coverage, 24/7 employee assistance program, generous time off policies, and a year-end shut down. We also provide a hybrid working environment (3 days per week in the office).

We Upskill Ourselves: We are curious, always want to learn more and upskill ourselves. As well as role-specific training, we also offer a global learning stipend.

We Constantly Innovate: Nium continues to be globally recognized for its constant innovations, growth, and employee-centric mindset since our inception:

-2022 Great Place To Work Certification

-2023 CB Insights Fintech 100 List of Most Promising Fintech Companies.

We Celebrate Together: Work is also about having fun with your colleagues and forging deep relationships. We host company-wide social events onsite and virtually, provide team morale budget and bonding activities, happy hours, team offsites, and much more!

We Thrive with Diversity: Across 33 nationalities and 18+ countries, our diverse and multicultural team embodies our commitment to a safe and welcoming environment for everyone.

What it's like to be a Nium'er

At Nium we center our way of work around 3 core values globally:

#KeepItSimple: We cut through complexity, simplify at speed and operate with scale in mind.

#MakeItBetter: We build innovative solutions that make our customers' lives better.

#WinItTogether: We win in this competitive market by collaborating as one team.

For more information, visit
Job ID  05CDjbkiDaDN
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