About The Company
About Lorum
Global payments are not broken. Incentives are. Clearing has been deprioritised inside balance sheet driven institutions whose models rely on lending and interest. When liquidity takes priority over settlement, payments slow and certainty drops. The same financial institutions that distort clearing as providers are disadvantaged as users. They are forced into fragmented setups, inconsistent rails, duplicated compliance, and unpredictable timelines. Stablecoin shortcuts and treasury pooling treat symptoms at the surface, but almost no one is rebuilding the underlying infrastructure in each market.
Rebuilding clearing from the ground up
We are rebuilding clearing as its own specialist function. We act as a clearing and transaction banking partner for regulated institutions, with treasury built into the core so liquidity, settlement, and reconciliation sit in one controlled system.
Our platform unifies global and local licenses, direct central bank clearing, and domestic rails. We allow clients to open named customer accounts in every market we operate, collecting funds and paying out through a single network while retaining full ownership of their customer relationships. Market expansion becomes as simple as one correspondent relationship, not hundreds.
Why Lorum
Joining Lorum means contributing to one of the most ambitious clearing infrastructure projects in global finance. You will help shape settlement systems that perform under real regulatory standards and institutional volumes. You will build for regulated institutions that rely on precision, predictable timelines, and regulatory integrity. It is about working across currencies, markets, and supervisory frameworks to deliver reliable, final settlement.
About The Role
We're looking for someone (based in Singapore) to own the launch and operation of Lorum's APAC markets starting with Singapore, Hong Kong, and other priority corridors across Southeast Asia and the wider region. APAC is one of the most strategically important regions in our network, connecting global currencies into growth markets across Asia, and we are expanding our banking and licensing footprint to support this scale.
You'll be the P&L owner for all APAC markets, responsible for building and operating Lorum's regional infrastructure from securing banking partners and regulatory pathways, to running day-to-day operations across multiple entities. As our first senior hire in APAC, you'll build and lead a regional team from the ground up, working directly with our Chief Operating Officer to accelerate volume, deepen liquidity, and launch new corridors.
This is a role for someone who can run a localised Lorum in their region operating with full autonomy, deep ownership, and a bias for action. APAC is one of the most consequential regions in our business, and this is an opportunity to lead its growth from the ground up.
Key Responsibilities
- Managing relationships with our existing APAC correspondent banks and payment partners to ensure smooth operations for local and cross-border flows, including issue escalation across technical, operational, and compliance areas.
- Pitching Lorum to new banking partners across APAC to expand our virtual accounts, de-risk existing infrastructure, and unlock new local products and rails.
- Owning the profitability of APAC markets improving margins, optimising settlement pathways, and identifying new revenue opportunities.
- Understanding APAC regulatory and licensing requirements (e.g., SFA, MSO/MSB, EMI frameworks), working with our Chief Compliance Officer to plan new entities, applications, and market entry.
- Working with the Chief Revenue Officer to align on client demand, priority corridors, and enterprise opportunities across the region.
- Partnering with Engineering to localise or expand APAC products including new settlement flows, local clearing connectivity, or market-specific enhancements.
Ideal candidate
Must Haves
- Proven track record working with APAC correspondent banks, PSPs, or financial institutions to build and scale cross-border payment programs.
- 10+ years in payments, fintech, or banking, with strong experience across key APAC markets (e.g., Singapore, Hong Kong, India, Southeast Asia).
- Prior experience launching and scaling a market or product in a startup or high-growth environment.
- Experience owning a P&L and demonstrated success in driving revenue, margins, and operational efficiency.
- Strong understanding of APAC regulatory and licensing frameworks (e.g., MAS, HKMA, MSO, EMI, AUSTRAC, RBI, MTL equivalents).
- Ability to operate as a player-coach comfortable doing the work yourself early on and then building a high-performing team.
- Strong bias to execution and the ability to operate in a fast-paced, ambiguous, entrepreneurial environment.
Nice To Haves
- Existing banking relationships across key APAC corridors.
- Experience working in emerging or complex markets (e.g., India, Indonesia, Philippines).
- Direct experience building local payment rails, virtual accounts, or nested correspondent banking setups.
- Previous experience as a founder or early-stage operator.
