Senior Counsel, New Product Initiatives

Posted 16 Hours Ago
Be an Early Applicant
2 Locations
In-Office
208K-260K 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
Provide legal counsel for global consumer fintech product development and launches. Advise product, engineering, compliance, and marketing teams on financial services regulations, consumer protection, payments, stored value, and product risks. Translate complex or unclear legal requirements into actionable guidance, coordinate with outside counsel, support regulatory interactions and audits, and maintain trusted relationships with global cross-functional teams.
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 Senior Counsel, New Product Initiatives with a background in consumer and cross-border payments, stored value / prepaid, digital wallets, product development, and consumer protection. You will work with and report to our Director, Global Head of Product and Marketing Legal and work with our dynamic legal teams based in Seattle, London, Brazil, and the United Arab Emirates. You will also be part of a supportive, and close knit global business group, establishing a world-class legal function for a fast-growing financial services company. This role will be located in either Seattle or Arlington, VA. It is a hybrid role, with a Tuesday, Wednesday, Thursday in office requirement.

You Will:

  • Support new product strategies and initiatives by providing complex legal advice in a highly regulated and global financial services industry.
  • Have the opportunity to work on providing legal support for the development and launch of a wide range of global new product initiatives
  • Gain expertise on all legal and compliance facets of fintech products, across multiple jurisdictions.
  • Advise our product, engineering, compliance, and marketing teams on legal requirements and risks related to modifications of existing products and implementing new financial products. Proactively identify risks and recommend reasonable mitigations.
  • Be comfortable advising teams on unclear areas of the law and interpreting and applying the law in new contexts and translate legal advice into actionable guidance for product and business teams that follows our our core values.
  • Assist, and work with outside counsel to obtain legal advice in other jurisdictions. If necessary, assist with regulatory interactions and internal audit inquiries.
  • Work collaboratively and develop trusted relationships with business partners and work closely with diverse, motivated, and mission-driven cross-functional global teams to launch a wide range of consumer fintech products.
  • Remain up-to-date on all relevant financial services regulations and guidance, industry standards, and consumer protection laws to provide exceptional legal advice.
  • Must have the ability to thrive in an innovative and environment.

You Have:

  • J.D. or equivalent.
  • Admitted to, and in good standing with at least one State Bar.
  • Knowledge of consumer fintech products and experience advising cross-functional teams at all stages of the product development lifecycle.
  • Experience with prepaid or stored value, payments and money movement, and lending laws is beneficial. Knowledge of the Bank Secrecy Act anti-money laundering regulations is also beneficial, but not required.
  • General ability to work on commercial contracts.
  • 6 or more years of experience practicing either in-house at a FinTech or bank, or at a law firm with a focus on financial services and products.
  • Collaborate as part of a team, and to prioritize project management.

Compensation Details. The starting base salary range for this position is typically $208,000 -$260,000. 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.

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

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.

Under the Company's current hybrid-work expectations, employees in this position work onsite Tuesday through Thursday each week. Additional onsite attendance may be required based on business needs, and the Company may modify its hybrid-work expectations from time to time. 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.

Skills Required

  • J.D. or equivalent degree
  • Admission to and good standing with at least one State Bar
  • Knowledge of consumer fintech products
  • Experience advising cross-functional teams throughout the product development lifecycle
  • At least 6 years of legal practice experience in-house at a fintech or bank, or at a financial services and products law firm
  • General ability to work on commercial contracts
  • Ability to collaborate as part of a team and prioritize project management
  • Experience with prepaid or stored value, payments and money movement, and lending laws
  • Knowledge of Bank Secrecy Act anti-money laundering regulations

What the Team is Saying

Luz
Colleen
David

Remitly Compensation & Benefits Highlights

  • Healthcare Strength Core medical, dental, vision, life, and disability coverage is standard, with EAP plus FSA/HSA options available in the U.S. Feedback suggests the overall health package is solid for a mid-size fintech.
  • Equity Value & Accessibility Equity grants and an Employee Stock Purchase Plan make ownership accessible across roles, and materials emphasize that employees are shareholders. Feedback suggests this equity component is a meaningful part of total compensation.
  • Leave & Time Off Breadth Employer-verified flexible, unlimited PTO with paid holidays is highlighted, alongside company wellbeing days. Feedback suggests time off is generous, though experiences can depend on team norms.

Remitly Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

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.

Gallery

Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery

Remitly Teams

Team
Product & Tech
About our Teams

Remitly Offices

Hybrid Workspace

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

Our best work begins in moments when ideas spark, when we are deeply connected, and when we’re moving fast to solve challenging customer problems. These moments shape our culture. Our guidance is to committing to 3 days a week in the office.

Typical time on-site: 3 days a week
HQSeattle, WA
United Arab Emirates
India
Amsterdam, NL
Arlington, VA
Cork, IE
Kraków, PL
London, GB
Managua, NI
Manila, PH
New Westminster, BC
Spokane, WA
Tel Aviv-Yafo, IL
Learn more

Similar Jobs

Remitly Logo Remitly

Senior Manager, Global License and Examination Management

eCommerce • Fintech • Payments • Software • Financial Services
In-Office
Seattle, WA, USA
2800 Employees
176K-220K Annually

Remitly Logo Remitly

Principal Product Manager

eCommerce • Fintech • Payments • Software • Financial Services
Hybrid
Seattle, WA, USA
2800 Employees
176K-220K Annually

Remitly Logo Remitly

Marketing Manager

eCommerce • Fintech • Payments • Software • Financial Services
Hybrid
Seattle, WA, USA
2800 Employees
152K-190K Annually

Remitly Logo Remitly

Staff Engineer

eCommerce • Fintech • Payments • Software • Financial Services
In-Office
Seattle, WA, USA
2800 Employees
208K-260K Annually

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account