Wei Yi Chiu

Founding member, StraitsX (part of Fazz)

Head of Engineering

  Taipei City, Taiwan

Founding Member, StratisX (part of Fazz):
Pioneered digital asset payments infrastructure in Southeast Asia and issued Stablecoins.

Head of Engineering:
Lead and build a virtual team of 50+ members from scratch, spanning 6+ countries, including individuals and managers in various roles such as backend, frontend, QA, and SDET.

Virtual Cross-Cultural Team Builder:
Lead the communication committee, organize group-level engagement, and motivate skilled contributors to drive team success.

Self-Motivated Leader:
Gather strategic allies through solid organizational, negotiating, and triage abilities.

       

Recent Job Experience

StraitsX (part of Fazz), August 2019 - Present

Head of Engineering, July 2021 - Present

# Engineering Management:

  • Lead and build a virtual team of 50+ members from scratch, spanning 6+ countries, including individuals and managers in various roles such as backend, frontend, QA, and SDET.
  • Play a crucial role in acquisitions by effectively communicating and inspiring team members to drive high output. 
  • Conduct regular 1-on-1 meetings and performance reviews, and play a key role in team hiring, compensation management, and career development. 
  • Develop leadership through effective coaching and mentorship.

# Cross-Team Collaboration:

  • Collaborate closely and plan the roadmap with the Head of Product, including XSGD, one of the world's largest non-USD fiat-backed stablecoins. 
  • Provide technical insights and guidance to the product team, contributing to the development of robust and innovative products. 
  • Drive decision-making processes and communication practices, ensuring the successful implementation of the product roadmap.

# Cross-Organization Initiatives:

  • Act as a change agent to improve processes within and across the organization by taking charge of the communication committee.
  • Participate in cross-organizational strategic planning and design sessions with Product, Engineering, Business Development, Compliance, and Operations.
  • Present at weekly meetings with the CEO's office and the senior leadership team.



Software Engineer / Technical Lead, StraitsX, August 2019 - June 2021

# Technical Lead:

  • Play a primary role in developing two products at StraitsX, working alongside 10+ engineers and product managers. 
  • Lead the product team of 3 product managers. 
  • Oversee a monthly settlement volume of US$250 million. Ensure system reliability with a 99.9997% correctness rate. 
  • Align key results across multiple products and teams. 
  • Mentor new team members and transfer knowledge to colleagues. 
  • Implement a measurement system to evaluate system correctness and stability.

# Software Engineer:

  • Pilot the stablecoin product at StraitsX. 
  • Collaborate with key stakeholders in the launch of XSGD, the world's first Travel Rule-compliant Stablecoin. 
  • Improve legacy systems, including reconciliation, operations, and payments, to implement cryptocurrency payments. Supervise XSGD payments to ensure compliance with the Travel Rule. 
  • Build microservices to connect the blockchain and systems using the web3 structure. 
  • Implement integrations without downtime, optimizing operations time from 1 day to 5 minutes by broadcasting 80% of transactions on the fly.

Press:
【Web3.0 新加坡篇】監管機構只有一間!新加坡如何完整金融科技生態?
Xfers’s Digital Assets Platform StraitsX Rebrands, Hits SGD 2 Billion in Transactions
Wirex Integrates World's Largest Non-USD Fiat-Backed Stablecoin, XSGD on Platform
Grab, StratisX to test 'Purpose-bound money' at SG fintech festival

IOH, October 2017 - May 2019
IT Lead

  • Led a 4-member team, utilizing agile development and OKR methodologies.
  • Implemented an interdepartmental project that improved web traffic by 30% during peak periods, resulting in 100K visits per day.
  • Successfully migrated web services from WordPress to Ruby on Rails 5 without downtime.
  • Mentored and developed team members, with several going on to join prominent companies such as PicCollage, Shopee SG, Apple, and Microsoft.

    https://ioh.tw

Jumplife 博思科技 (甘仔店), February 2016 - October 2017

Senior Full Stack Rails Developer

  • Alumni of Appworks, a well-known regional incubator in Taiwan.
  • Contributed to an annual turnover of 12M TWD.
  • Upgraded servers from Ruby on Rails 3 to Ruby on Rails 4.
  • Developed a web application using Ruby on Rails 5.
  • Improved notification job performance from 3 hours to 30 minutes.
    Optimized operations SLA by 70%.

Education

2012 - 2014

National Taipei University of Business (B.A)

Department of Information Management

Expertises

Management 


  • Performance management
  • Cross-cultural virtual teams
  • Hiring / Mentoring / Coaching

Tech


  • Software engineering
  • Blockchain / Smart contract
  • Decentralized ledger system

Communication


  • Chinese / English
  • Organizational negotiation
  • Strategic planning