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Remitly

Regulatory Compliance Manager - New Product Initiatives

Reposted 13 Days Ago
Be an Early Applicant
In-Office
Seattle, WA
Senior level
In-Office
Seattle, WA
Senior level
The Regulatory Compliance Manager oversees compliance frameworks for lending and payments, ensuring regulatory adherence and guiding product development. Responsibilities include risk assessment, stakeholder training, and managing audits.
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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:

Reporting to the Director of Compliance Services, the Regulatory Compliance Manager will play a crucial role in overseeing and enhancing the compliance framework for Remitly's lending and payments products. This role involves ensuring adherence to regulatory requirements, developing and implementing compliance policies, and providing strategic guidance on compliance matters. The ideal candidate will have substantial experience in compliance within the financial services industry, particularly in lending and payments, and will be adept at navigating the complex regulatory landscape.

You Will:

  • 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.
  • Lead internal investigations related to compliance breaches and recommend corrective actions.

You Have:

  • Bachelor's degree in Law, Business, Finance, or a related field. Advanced degree or certifications (e.g., CAMS, CRCM) preferred.
  • 5+ years of experience in a compliance role within the financial services industry, with a focus on lending and payments.
  • 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.
  • Proven ability to manage multiple priorities and drive projects to successful completion within established timelines.
  • Demonstrated leadership capabilities, with a track record of building consensus and driving change in a collaborative environment.

Compensation Details. The starting base salary range for this position is typically $135,000-$155,000. 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

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

Aml
Compliance Frameworks
Financial Services Regulations
Kyc

Remitly New Westminster, British Columbia, CAN Office

New Westminster, BC, Canada

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