Chief Compliance Officer, Remitly
€105-130k
International payments company
Posted today
International payments company
1001+ employees
Posted today
€105-130k
1001+ employees
Company mission
To transform lives with trusted financial services that transcend borders.
Role
Who you are
- 7+ years of work experience within the Compliance & AML/KYC, ideally within the financial services / fintech industry
- Experience working with the Central Bank of Ireland other regulatory bodies, if applicable
- Ability to partner effectively with a variety of both internal and external stakeholders
- Ability to work as part of a wider team of geographically dispersed accomplished professionals
What the job involves
- This PCF-12 role carries statutory responsibility under the Central Bank of Ireland's Fitness and Probity Regime. The role involves providing independent oversight of regulatory risks, advising senior management on compliance matters, and ensuring that all local and group compliance requirements are met
- The individual will work closely with internal teams, external stakeholders, and regulatory authorities to ensure strong governance, appropriate controls, and a culture of integrity and compliance across the business. This role will be based in Dublin, Ireland and will report to the CEO of Remitly Europe
- Lead the design and implementation of the local compliance framework, ensuring alignment with group standards and Irish regulatory expectations
- Own the Annual Compliance Plan and direct compliance monitoring, testing, and issue remediation processes
- Maintain and update compliance policies, procedures, and manuals to reflect evolving business activity and applicable legal requirements
- Serve as the local contact for all compliance-related regulatory engagement, ensuring timely responses to supervisory requests and proactive relationship management
- Oversee the preparation and submission of all local regulatory reports, notifications, and returns
- Provide regular and ad hoc compliance reporting to the Board, senior management, and group compliance
- Identify, assess, and escalate compliance and regulatory risks, including tracking developments in the legal and regulatory environment that may impact the business
- Ensure appropriate second line oversight is in place, including reviews of controls, documentation, and business processes
- Act as a key adviser to the business on compliance matters, including new product launches, market entry, or strategic initiatives
- Support the implementation and maintenance of the AML/CFT programme, including internal training, escalation protocols, and transaction monitoring oversight
- Work closely with the MLRO and other control functions to ensure effective financial crime risk management
- Develop and deliver regulatory compliance training tailored to local needs and roles
- Maintain clear records of compliance activity, including breaches, conflicts of interest, and internal reviews
- Collaborate with group compliance teams to align local and global standards and participate in group-led compliance initiatives or remediation work
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.
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