Risk Associate, Remitly
€67.2-84k
+ Equity
International payments company
Job no longer available
International payments company
1001+ employees
Job no longer available
€67.2-84k
+ Equity
1001+ employees
Company mission
To transform lives with trusted financial services that transcend borders.
Role
Who you are
- 2+ years of experience in a risk, compliance, audit, or governance role within a regulated financial services environment; experience in a CBI-regulated entity or payments/e-money firm is advantageous but not essential
- A working knowledge of ERM concepts, including risk registers, RCSAs, KRIs, and risk appetite, alongside awareness of the CBI regulatory framework for payment institutions; candidates with a strong interest in developing this knowledge will be equally considered
- Proficiency in AI tooling (Claude); experience with GRC tools or data visualisation is a plus
- A proactive, curious mindset with the ability to manage multiple workstreams, work collaboratively across functions, and a genuine commitment to regulatory compliance and consumer protection standards
What the job involves
- Remitly Europe Limited (REL) is authorised and regulated by the Central Bank of Ireland under PSD2, passporting payment services across the EEA as part of Remitly's global mission. We're looking for a risk professional to join REL's second-line risk function as a Risk Associate, reporting to the Chief Risk Officer
- This is a hands-on role at the heart of REL's Enterprise Risk Management programme, giving you exposure across the full spectrum of ERM activity, from risk registers and RCSA cycles to regulatory horizon-scanning and board-level governance reporting
- You'll work closely with cross-functional teams including Compliance, Operations, Product, Legal, and Finance, and will be supported in developing your regulatory knowledge and professional qualifications
- Maintain and coordinate REL's core ERM activities, including the enterprise risk register, RCSA programme across domains such as Consumer Protection, Operational Risk, Outsourcing, AML/CFT and ICT/Cyber, and the operational risk incident register, ensuring all frameworks are accurate, version-controlled, and audit-ready in line with CBI regulatory expectations
- Support governance reporting by preparing risk dashboards, KRI monitoring reports, and risk & controls committee papers for the CRO and Risk & Controls Committee, collating and validating MI data from across the business and maintaining trackers for governance actions and decisions
- Assist in embedding consumer protection, outsourcing, and third-party risk management into REL's frameworks in line with the Consumer Protection Code 2025, EBA outsourcing guidelines, and DORA obligations, and support regulatory monitoring by summarising CBI, EBA, and ESMA publications for the CRO and maintaining a regulatory change and horizon-scanning log
Our take
Since its inception in 2011, Remitly has focussed on helping immigrants to send money across the world faster, cheaper and easier. The company has grown exponentially since then and now operates across multiple continents. Remitly put down most of its success on putting its customers first.
The emergence of digital banks with low transaction fees cross-country has increased competition in a space where Remitly was dominant for many years. The company must continue to innovate its product to ensure it is the go-to place for these types of payments.
That said, Remitly continues to partner with exciting companies and improve their service for loyal customers. The company is setting its sights beyond its core remittance service, such as through the introduction of Passbook, an app that allows customers to access digital banking through a partner bank.
Steph
Company Specialist at Welcome to the Jungle
Insights
19% employee growth in 12 months
Company
Funding (last 2 of 10 rounds)
Jul 2020
$85m
LATE VC
Jul 2019
$135m
SERIES E
Total funding: $435.8m
Company benefits
- Spend up to $1,000 per year on costs related to continuing education or on travel to countries Remitly serves, allowing you to gain insights to our customer’s journeys
- All of our office spaces offer our employees a place to collaborate and celebrate. With locally sourced artwork and vibrant designs, they create an environment that all can enjoy
- Fill your cup up outside of work and take advantage of our generous paid time off policies, leave policies, and flex working hours to ensure you are able to meet the demands of life outside of work
- Tap into the learning routines, resources and affinity groups Remitly provides to help you further your own DEI journey
- Contribute to the communities we serve through volunteering, employee giving, or civic advocacy
- Remitly provides rich benefit plans intended to cover the needs of our diverse teammates
Company HQ
Central Business District, Seattle, WA
Leadership
Matt Oppenheimer
(CEO & Co-Founder)After completing an M.B.A from Harvard Business School he worked as a Director for Barclays before founding Remitly in 2011.
Josh Hug
(Vice Chair & Co-Founder)He was a Director at Real Networks for 7 years before co-founding Shelfari, which was acquired by Amazon as he stayed onboard to run it as CEO.
Salary benchmarks
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