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Remitly Inc.

Compliance & Licensing Analyst

Remitly Inc., Seattle, Washington, us, 98127


Compliance & Licensing Analyst

ApplyLocations: Seattle, Washington, United StatesTime Type: Full timePosted on: Posted TodayJob Requisition ID: R_102938Job 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:Remitly is looking for a Compliance & Licensing Analyst to join our fast-growing and fast-paced team! Based in Seattle, this position will be a key player in ensuring Remitly's ability to operate as a licensed financial institution and maintaining our strong regulatory standing. In tandem with their colleagues in Compliance, Finance, Information Technology and other teams throughout the company, the Compliance & Licensing Specialist will prepare, coordinate and maintain various regulatory licensing reports, selected corporate filings and renewals. This position will also assist with independent audits, regulatory examinations, and periodic reporting. The ideal candidate must be willing to dive into a variety of tasks ranging from executing on Remitly's global licensing responsibilities to ongoing engagement in the execution of the company's AML compliance programs. This position will report to the Head of Global Regulatory Compliance.You Will:Maintain a database of licensing requirements, including periodic reports and renewal applications, for the Remitly Group of international money transmitters.Coordinate, prepare and submit money transmission license renewals, periodic reports, and ad hoc inquiries from regulators.Work across teams by being a source of information about relevant Compliance procedures, regulatory guidelines and licensing requirements.Research regulatory requirements for new licensing obligations as changes to state laws or Remitly's business model occur.Be a liaison with state banking agencies for licensing matters and support third-party audits.Provide periodic internal reporting on licensing tasks and emerging risks.Assist Compliance Officers with projects on an ad-hoc basis.You Have:Minimum of 3 years of experience in a Compliance or Licensing role within a financial services business, preferably in a Fintech environment.Understanding of US non-bank regulatory payments framework, state licensing requirements, and NMLS licensing system.Understanding of anti-money laundering regulations within the banking/financial services industry.Understanding of basic accounting principles.Competency in Excel or Google Sheets.Four-year degree and Compliance professional certification preferred.Compensation Details:

The starting base salary range for this position is typically $84,000-$95,000. 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 offHealth, dental, and vision benefits + 401k plan with company matchingPaid parental, medical, military and family care leave.Mental Health & Family Forming BenefitsEmployee Stock Purchase Plan (ESPP)Continuing education and corridor travel benefitsWe 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 EmployerRemitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

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