Director, Risk Strategy (Fraud & AML | Fiat + Crypto)

About the role

The Director of Risk Strategy will be responsible for creating and executing a comprehensive risk control framework that spans both fiat and crypto environments. This includes developing strategies for fraud prevention and anti-money laundering, ensuring that user experience is balanced with effective risk management.

The role requires collaboration with various teams and stakeholders to monitor transactions, identify risks, and optimize payment flows. Success in this position will involve building a robust risk infrastructure and leading a team focused on fraud and AML operations across different regions.

The salary for this role ranges from $55,000 to $95,000 USD based on experience and qualifications.

Skills that matter here

• fraud prevention: The role involves designing and implementing strategies to prevent various forms of fraud across transactions.
• AML strategy: Developing and executing anti-money laundering strategies is a key responsibility.
• fund flow risk management: The candidate will analyze fund flows to identify suspicious activities and mitigate risks.
• data analysis: Data analysis is used to track fraud metrics and optimize risk strategies.
• payment fraud: The position requires strong experience in managing risks associated with payment fraud.
• account takeover: Identifying and mitigating account takeover risks is part of the fraud prevention strategy.

Who this role suits

• A candidate with over eight years of experience in risk management, particularly in fraud and AML.
• Someone who has a strong background in fintech, payments, or crypto exchanges.
• An individual who is comfortable leading teams and collaborating across multiple regions.
• A data-driven thinker who can analyze trends and make informed risk decisions.

From the employer

Key Responsibilities

• End-to-End Risk Strategy (Fraud + AML + Fund Flows)
• Own and drive the overall fraud prevention and AML strategy across fiat and crypto
• Design strategies across the full lifecycle: onboarding, login, fiat deposits/withdrawals, trading, and crypto transfers
• Identify and mitigate risks such as payment fraud, account takeover, mule activity, scams, and money laundering
• Build unified strategies that connect user behavior, transaction activity, and fund flows (fiat + on-chain)
• Balance risk control with user experience and operational efficiency

• Fiat Risk & Payment Flow Control (New - Core Requirement)
• Design and optimize risk strategies for fiat on-ramp and off-ramp flows (bank transfers, e-wallets, payment rails)
• Monitor and assess incoming and outgoing fiat transactions for fraud and AML risks
• Define review, approval, and escalation mechanisms for high-risk transactions
• Work closely with payment partners and internal teams to manage risk exposure

• Fund Flow Analysis & Risk Decisioning (Key Differentiator)
• Analyze and trace end-to-end fund flows across fiat and crypto
• Identify suspicious patterns such as layering, structuring, mule networks, and fraud-linked flows
• Make or guide decisions on account-level actions (e.g., allow, block, restrict, freeze, escalate)
• Build frameworks for consistent and explainable risk decision-making

• On-chain Risk & Tooling (Elliptic Focus)
• Leverage and optimize Elliptic to strengthen on-chain monitoring and AML capabilities
• Translate blockchain intelligence into actionable risk strategies (e.g., scam flows, high-risk wallets)
• Integrate Elliptic signals into internal systems for automated decision-making
• Evaluate other tools (e.g., Chainalysis, TRM) where needed

• Risk System & Platform Development
• Lead the design of scalable risk infrastructure, including rule engines, decision engines, and case management systems
• Build unified systems that support fraud, AML, and fund flow monitoring
• Drive real-time decisioning and reduce reliance on manual processes

• Data-driven Optimization
• Identify emerging fraud and AML typologies using data analysis
• Define and track key metrics (fraud loss, detection rate, false positives, operational efficiency)
• Implement testing frameworks (A/B testing, rule tuning, segmentation)

• Team Leadership & Cross-regional Collaboration
• Build and lead teams across risk strategy, fraud operations, and AML operations
• Work closely with PH Risk & AML team for execution and local alignment
• Partner with Product, Engineering, Compliance, and Operations globally

Requirements

• Experience
• 8+ years in fraud risk, AML, payments risk, or risk strategy, with 3+ years in leadership
• Strong experience in payments, crypto exchanges, or fintech platforms
• Proven experience managing fiat transaction risk and/or payment fraud

• Core Competencies
• Deep expertise in anti-fraud (ATO, payment fraud, scams) and AML
• Strong understanding of fiat transaction flows, payment systems, and risk controls
• Ability to trace fund flows across fiat and crypto and identify suspicious patterns
• Experience making or guiding account-level risk decisions (block/freeze/restrict)
• Experience designing scalable risk strategies and rule systems

• Tools & Data
• Hands-on experience with Elliptic (or similar tools like Chainalysis / TRM)