Manager, Compliance

Job Description:

Remitly's vision is to transform lives with trusted financial services that transcend borders. Since 2011, we have been tirelessly delivering on our promises to people who send money around the world. Today, we are reimagining global financial services and building products that extend beyond traditional barriers to give customers access to more of the services they need, no matter where they call home. Join over 2,700 employees worldwide who are growing their careers with purpose and connection with our customers while having a positive impact on millions of people around the globe.

About the Role:

This role will report to the Head of Partner Oversight and primarily support Remitly's obligation to oversee its financial partners. Your role is crucial to maintaining a compliant partner network as well as identifying potential risks to Remitly's business and reputation. A typical day would include coordination with external partners to collect due diligence documents, analyzing partner compliance programs for risks, drafting due diligence reports, organizing supporting documentation, discussing technical compliance matters with partner compliance teams, responding to due diligence review requests from partners, and monitoring adverse media alerts.

As needed, this role may also support other regulatory compliance/Enterprise Risk Management (ERM) team tasks such as leading compliance monitoring reviews, pulling reports for regulatory reporting, assisting in onsite compliance reviews at partner headquarters, and preparing responses to law enforcement requests.

We are looking for exceptional people who are willing to roll up their sleeves in a fast-paced technology environment. The successful candidate must excel as a self-starter and work well with cross-functional teams in a remote environment.

• You Will:

  • Manage the Manila Partner Oversight team and coordinate with the Compliance Manager in Managua to ensure global alignment.

  • Oversee new and existing partners, with a primary focus on Asia.

  • Manage communication with partners to request and follow up on due diligence documentation.

  • Assess a partner's compliance with regulatory requirements and industry best practices as well as identify risks through analysis of due diligence documentation from partners and external research.

  • Draft comprehensive due diligence reports detailing analysis of a partner's compliance, financial, and reputation risks.

  • Review and investigate ongoing adverse media alerts on partners and key individuals.

  • Assess country level AML/CTF risk of a partner's disbursement network.

  • Complete due diligence questionnaires and information received from partners.

  • Oversight of partners locations to include the secret shopper program, onsite and offsite reviews etc.

  • Lead ad-hoc monitoring reviews and help implement corrective actions.

  • Assist the Global Team with projects on an ad-hoc basis.

    
    

• You Have:

  • 10+ years of experience with AML, CTF, KYC, sanctions and other regulatory requirements; preferably in a fintech, banking, or payments processor space.

  • 10+ years of experience either overseeing or directly contributing to compliance/ERM programs.

  • Experience assessing or auditing compliance/ERM programs for adherence to regulatory requirements and best practices.

  • Experience with payments products, services, and operations.

  • Substantive knowledge of applicable AML regulatory requirements and best practices.

  • Strong written and verbal communication skills and ability to work directly with partners.

  • Strong organization skills and ability to manage multiple tasks on an ongoing basis.

  • Strong English and other language skills.

  • CAMS or AML certifications.

Our Benefits:

• Rice Allowance
• Transportation Allowance
• Paid Vacation
• Medical, Dental & Vision
• Accident and Life Insurance
• Employee Stock Purchase Plan (ESPP)
• Mental Health & Family Forming Benefits

We are committed to nondiscrimination across our global organization and in all of our business operations. Employment is determined based upon personal capabilities and qualifications without discrimination on the basis of race, creed, color, religion, sex, gender identification and expression, marital status, military status or status as an honorably discharge/veteran, pregnancy (including a woman’s potential to get pregnant, pregnancy-related conditions, and childbearing), sexual orientation, age (40 and over), national origin, ancestry, citizenship or immigration status, physical, mental, or sensory disability (including the use of a trained dog guide or service animal), HIV/AIDS or hepatitis C status, genetic information, status as an actual or perceived victim of domestic violence, sexual assault, or stalking, or any other protected class as established by law.

Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.