Remitly is looking to enhance its compliance framework for lending and payments products, ensuring adherence to regulatory requirements and developing compliance policies.
Requirements
- In-depth knowledge of U.S. and international regulatory requirements related to financial services, including AML and KYC.
- Ability to solve complex issues with practical solutions.
- Ability to convey technical concepts to non-technical partners.
- Experience with compliance software and systems.
- Knowledge of financial services industry regulations and standards.
- Familiarity with risk assessment and mitigation strategies.
- Understanding of compliance reporting and regulatory requirements.
Responsibilities
- Develop and maintain comprehensive compliance programs for Remitly's lending and payments products.
- Monitor and ensure compliance with federal, state, and international regulations, including AML, KYC, and consumer protection laws.
- Collaborate with product and engineering teams to integrate compliance controls into product development and operations.
- Conduct risk assessments and develop strategies to mitigate compliance risks associated with new and existing products.
- Stay abreast of regulatory changes and provide timely updates and training to relevant stakeholders.
- Liaise with regulatory bodies and manage regulatory examinations and audits.
- Prepare and submit compliance reports to senior management and regulatory authorities as required.
Other
- Bachelor's degree in Law, Business, Finance, or a related field.
- 5+ years of experience in a compliance role within the financial services industry, with a focus on lending and payments.
- Demonstrated leadership capabilities, with a track record of building consensus and driving change in a collaborative environment.
- Ability to manage multiple priorities and drive projects to successful completion within established timelines.
- Flexible paid time off and health, dental, and vision + 401k plan with company matching.
