Third Party Risk Manager

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:

You will report to our new Head of Enterprise Risk Management (ERM). It will be based in our Seattle office, and will be a hybrid role. You will run current operations in Third Party Risk, looking for operational enhancement opportunities and how the program can be improved. It's a great opportunity to be hands on and start building something new.

#LI-Hybrid

You Will:

• Manage the Third Party Risk Management program
• Facilitate the identification and remediation of operational issues in the program
• Guide continuous evolution of the Third Party Risk Management program
• Identify opportunities for synergies across the organization
• Coordinate with our teams and third parties to conduct criticality assessments, due diligence reviews, resolve incidents and implement corrective actions
• Manage the end to end lifecycle of a third party relationship from onboarding to termination
• Participate in the development and testing of third party contingency arrangements
• Maintain a centralized repository of third-party risk information and documentation
• Define third party risk management policies, procedures, and standards
• Ensure third-party risk management practices are aligned with regulatory requirements and industry best practices
• Prepare regular reports and presentations for senior management and the board on third-party risk exposure and mitigation efforts
• Provide training and awareness programs to internal stakeholders on third-party risk management practices
• Leverage synergies between country risk programs and third party risk programs

You Have:

• Bachelor's degree in Risk Management, Finance, or a related field. Master's degree or professional certification is a plus
• Minimum of 5 years of experience in risk management, vendor management, or a related role, preferably in the financial services or remittance industry
• Experience with third-party risk management frameworks, tools, and best practices
• A good understanding of the principles of risk management, control, and assurance
• Experience with regulatory requirements related to third-party risk
• Excellent analytical, problem-solving, and decision-making skills
• Strong interpersonal and communication skills, with the ability to collaborate effectively with internal and external stakeholders
• Attention to detail and accuracy
• Ability to work independently and manage multiple priorities
• Strong organisational and project management skills
• Flexible to work across multiple time zones

Compensation Details. The starting base salary range for this position is typically $125,000-$140,000. 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 and travel 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 E-Verify Employer

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