Principal Compensation Manager

Posted 4 Days Ago
Be an Early Applicant
Seattle, WA
In-Office
150K-188K Annually
Senior level
eCommerce • Fintech • Payments • Software • Financial Services
We provide trusted digital financial services to our customers and recipients in over 170 countries across the globe.
The Role
The Principal Compensation Manager will design and execute compensation programs, influence decisions across the organization, and apply analytical insights to drive strategic initiatives in a technology company.
Summary Generated by Built In

Job Description:

At Remitly, we believe everyone deserves the freedom to access, move, and manage their money wherever life takes them. Since 2011, we've tirelessly delivered on our promise to customers sending money globally, providing secure, simple, and reliable ways to manage their money, ensuring true peace of mind. Whether it's supporting loved ones back home, growing a business across continents, or pursuing new opportunities abroad, we're not just here to move money— we're here to move our global customers forward.
We're looking for builders, reimaginers, and global thinkers who want to work at the intersection of technology, trust, and transformation. If that's you and you're ready to do the most meaningful work of your career—we invite you to join over 2,800 passionate Remitlians worldwide who are united by our vision to transform lives with trusted financial services that transcend borders.

About the Role:

Remitly is looking for a Principal Compensation Manager to help design and execute compensation programs that are competitive, equitable, and aligned with our company values and goals. In this role, you will serve as a key compensation expert, leading significant projects, providing analytical insights, and influencing compensation decisions across the organization. While not a people management role, you will lead through project ownership and subject-matter expertise, collaborating cross-functionally and driving outcomes that impact teams globally.

This is an exciting opportunity for an experienced compensation professional who enjoys applying specialized knowledge to solve complex challenges and shape programs in a growing, international technology company. This role will report to our Director of Total Compensation and will require 3+ days a week working at our Seattle, WA Headquarters.

You Will:
  • Lead Key Compensation Initiatives: Design and execute compensation projects and programs with a focus on aligning to market best practices in conjunction with Remitly values and compensation philosophy.
  • Apply Deep Technical Expertise: Serve as a subject matter expert in compensation design, applying knowledge of both cash and equity programs to drive recommendations and solutions to complex pay issues.
  • Conduct Advanced Analyses: Analyze market data, compensation trends, and internal pay practices to develop data-driven insights and recommendations.
  • Support Strategic Compensation Cycles: Play a leading role in the design and execution of company-wide compensation cycles (e.g., merit, promotion, equity refresh), driving operational excellence in process design and delivery.
  • Influence and Advise Business Partners: Act as a trusted advisor to HR Business Partners and business leaders, supporting compensation decisions across assigned functions or geographies.
  • Collaborate Cross-Functionally: Partner with Total Rewards, People Operations, HRBPs, Finance, and Legal teams to ensure compensation programs are aligned with business objectives, scalable, and compliant.
  • Support Change and Scalability: Contribute to the evolution of Remitly's compensation practices as we scale, supporting new country expansions, organizational design changes, and evolving market dynamics.
  • Provide Thought Leadership: Stay informed on market trends, compensation regulations, and industry best practices, proactively applying this knowledge to improve internal practices and programs.
You Have:
  • Bachelor's degree in Human Resources, Business, Finance, or a related field, or equivalent practical experience.
  • 7+ years of progressive experience in compensation, with expertise in both cash and equity compensation in a high-growth or technology environment.
  • Expert knowledge of compensation principles, market pricing, and long-term incentive design, including understanding of equity valuation and related regulatory considerations.
  • Experience influencing and advising stakeholders, including executives.
  • Demonstrated success leading complex compensation projects with cross-functional stakeholders.
  • Strong analytical skills with the ability to work through ambiguity and solve complex compensation challenges using data and structured thinking.
  • Interest in balancing strategic design with hands-on execution and operational rigor.

Compensation Details. The starting base salary range for this position is typically $150,000-$188,000. In the U.S., Remitly employees are shareholders in our Company and equity is part of our total compensation plan. Your recruiter can share more information about medical benefits offered, as well as other financial benefits and total compensation components offered with this role.

#LI-Hybrid

Our Benefits:

  • Flexible paid time off
  • Health, dental, and vision + 401k plan with company matching
  • Paid parental, medical, military and family care leave
  • Mental Health & Family Forming Benefits
  • Employee Stock Purchase Plan (ESPP)
  • Continuing education and travel benefits

Our Connected Work Culture: Driving Innovation, Together

At Remitly, we believe that true innovation sparks when we come together. Our Connected Work Culture fosters dynamic in-person collaboration, where ideas ignite and challenging problems find solutions faster. For corporate team members, we have an in-office expectation of at least 50% of the time monthly, typically achieved by coming in three days a week. This creates a consistent, meaningful overlap that supports team norms and business needs. Managers also have the flexibility to set higher expectations based on their team's specific needs. These intentional in-office moments are vital for deepening relationships, fueling creativity, and ensuring your impact is felt where it matters most.

Remitly is an E-Verify Employer

At Remitly, we are dedicated to ensuring that our workplace offers equal employment opportunities to all employees and candidates, in full compliance with applicable laws and regulations.

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

Top Skills

Analytical Insights
Compensation Programs
Compensation Trends
Market Data Analysis

What the Team is Saying

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The Company
HQ: Seattle, WA
2,800 Employees
Year Founded: 2011

What We Do

Since 2011, Remitly has been tirelessly delivering on our promises to our customers sending their hard earned money home. Today, we are incredibly proud to have served millions of customers globally. We strive daily to meet our promise to our customers by building peace of mind into everything we do. Join over 2,700 employees across 10 offices who are growing their careers while having a positive impact on people globally.

Why Work With Us

We are united through our vision to transform lives with trusted financial services that transcend borders. We accomplish our vision by relentlessly focusing on culture via our cultural values. That starts with putting customers at the center of everything we do, and includes investing in the growth & development of our team.

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Remitly Teams

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About our Teams

Remitly Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

As a global team, we are connected through our customers, and vision – not our location. Our employees can live and work with flexibility, while prioritizing in-person touchpoints to come together for moments that matter.

Typical time on-site: Flexible
HQSeattle, WA
Amsterdam, NL
Arlington, VA
Cork, IE
United Arab Emirates
Kraków, PL
London, GB
Manila, PH
New Westminster, BC
Spokane, WA
Tel Aviv-Yafo, IL
Learn more

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