About Us
Razorpay is India's leading full-stack Payments and Banking Platform, powering the digital financial infrastructure for over 10 million businesses. Founded in 2015, Razorpay enables businesses to accept, process, and disburse payments with ease, while offering innovative products across Payments, Capital, and Banking. Backed by marquee investors like Sequoia Capital India, Tiger Global, and Y Combinator, Razorpay is transforming the way businesses manage money and scale sustainably.
As part of its international expansion strategy, Razorpay acquired Razorpay Curlec, a Kuala Lumpur-based full-stack payments solution, to establish a strong presence in Southeast Asia. Razorpay Curlec has since become an integral part of Razorpay's vision to simplify financial operations for businesses across the region. Building on this momentum, Razorpay is now expanding into Singapore, marking its next strategic step in the Southeast Asia growth journey.
About the Role
We are seeking an experienced Risk Manager to lead and enhance our AML, transaction monitoring, and merchant risk oversight functions. The ideal candidate has deep analytical skills, strong investigative instincts, and a solid understanding of financial crime risk within payments, fintech, or financial services sectors in Malaysia.
You will be responsible for managing end-to-end financial crime risk processes, including AML monitoring, enhanced due diligence and Risk investigations This role requires close collaboration with Compliance, Product, Legal, Operations, and external stakeholders.
Key Responsibilities
1. AML & Financial Crime Oversight
- Develop, enhance, and execute AML/CFT frameworks aligned with BNM guidelines
- Oversee daily and periodic 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.
2. Transaction Monitoring & Investigations
- Manage and optimize transaction monitoring rules, thresholds, and scenarios across payment channels.
- Conduct deep-dive investigations on high-risk patterns, anomalies, and potential AML/CFT breaches.
- Lead cross-functional reviews for complex cases involving potential fraud, abuse, or compliance risks.
3. Merchant Risk Management
- 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.
4. Risk Policies, Controls & Reporting
- 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.
5. Stakeholder & Regulatory Engagement
- 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.
Required Qualifications & Experience
- 68 years of experience in AML, transaction monitoring, merchant investigations, or financial crime risk.
- Prior experience in fintech, payments, card networks, banking, or e-money institutions preferred.
- Strong knowledge of Bank Negara Malaysia AML/CFT guidelines, reporting requirements, and risk expectations.
- Strong investigative skills: ability to identify anomalies, connect data points, and build narratives.
- Excellent written and verbal communication skills.
- Relevant certifications (e.g., ACAMS, ICA, CFCS) are a plus.
