Third Party Risk Analyst
Airwallex
About Airwallex
Airwallex is the only unified payments and financial platform for global businesses. Powered by our unique combination of proprietary infrastructure and software, we empower over 100,000 businesses worldwide – including Brex, Rippling, Navan, Qantas, SHEIN and many more – with fully integrated solutions to manage everything from business accounts, payments, spend management and treasury, to embedded finance at a global scale.
Proudly founded in Melbourne, we have a team of over 1,500 of the brightest and most innovative people in tech located across more than 20 offices across the globe. Valued at US$5.6 billion and backed by world-leading investors including Sequoia, Lone Pine, Greenoaks, DST Global, Salesforce Ventures and Mastercard, Airwallex is leading the charge in building the global payments and financial platform of the future. If you're ready to do the most ambitious work of your career, join us.
The Third-Party Risk Analyst will collaborate with colleagues and senior stakeholders to ensure that key performance indicators remain relevant and that progress against these indicators is effectively monitored. This role involves overseeing and conducting annual risk assessments for vendors and outsourced service providers, ensuring that all identified 'high' or 'medium' risks are appropriately escalated through governance channels. This also includes working with our commercial teams in light of our Banking as a Service product, as sometimes we can enter into outsourcing agreements with our partners.
The Third Party Risk Analyst will have responsibility for ensuring the effective delivery, and monitoring, of our outsourced arrangements.
What You'll Be Doing...
Supporting the business in onboarding new vendors and outsourced service providers and ensuring compliance with regulatory requirements
Conducting comprehensive risk assessments for third-party relationships and outsourcing activities
Developing and implementing risk management strategies to mitigate potential threats and vulnerabilities
Collaborating with stakeholders in the successful oversight and tracking of third-party outsourced arrangements
Maintaining robust controls to ensure compliance with evolving regulatory requirements and best practices, identifying and implementing improvements to existing processes
Developing appropriate regular outsourcing risk reporting and MI internally (e.g. quarterly outsourcing report for senior management) including self-identified issues, KRIs and incident reporting
Working with relationship management teams to ensure proper oversight of third parties during the course of their relationships with Airwallex
Scheduling and managing regular service review meetings with outsourced providers, analyzing risk documentation, and updating documentation in response to changes in risk.
Acting as the contact person for internal and external audit requests on outsourcing-related matters
What You Bring...
3+ years of third-party risk management, vendor management, compliance, or similar experience within the financial sector
Experience building third-party risk management programs in compliance with regulatory frameworks in the EU (EBA guidelines on outsourcing arrangement) and/or UK (FCA Outsourcing Rules)
Strong communication and presentation skills; ability to communicate and help non-experts understand applicable requirements
Strong writing skills, with attention to detail and the ability to generate original documents.
Excellent investigative and analytical skills to identify trends and insights
Familiarity with, and strong interest in, financial services technology, mobile and alternative payments, as well as emerging technology
Ability to thrive in a fast-paced, changing environment by multitasking effortlessly and managing competing priorities under demanding deadlines
Demonstrated ability to learn quickly, manage projects and drive results
Proven track record of driving results and building effective relationships
Ability to operate with strong integrity and the ability to handle projects of a sensitive and confidential nature
Strong computer knowledge; excellent MS Word, Excel, Visio, and PowerPoint skills.
Regulatory experience preferred
Fintech experience preferred
At Airwallex you’ll have the ability to make an impact in a rapidly growing, global fintech. We want you to share in our success, which is why you’ll be offered a competitive salary plus valuable equity within Airwallex. We also like to ensure we create the best environment for our people by providing a collaborative open office space with a fully stocked kitchen. We organize regular team-building events and we give our people the freedom to be creative.
Equal opportunity
Airwallex is proud to be an equal opportunity employer. We value diversity and anyone seeking employment at Airwallex is considered based on merit, qualifications, competence and talent. We don’t regard color, religion, race, national origin, sexual orientation, ancestry, citizenship, sex, marital or family status, disability, gender, or any other legally protected status when making our hiring decisions. If you have a disability or special need that requires accommodation, please let us know.
Airwallex does not accept unsolicited resumes from search firms/recruiters. Airwallex will not pay any fees to search firms/recruiters if a candidate is submitted by a search firm/recruiter unless an agreement has been entered into with respect to specific open position(s). Search firms/recruiters submitting resumes to Airwallex on an unsolicited basis shall be deemed to accept this condition, regardless of any other provision to the contrary.