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Head of Compliance, APAC

Remitly

Remitly

Legal
Sydney, NSW, Australia
Posted on Monday, May 13, 2024

Job 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 to hire a regional Head of Compliance for APAC to join our team. You will contribute to Remitly's mission by ensuring that Remitly's APAC business maintains full compliance with applicable laws and regulations. You will manage legal and regulatory risks, using your strong analytical skills and keen eye for detail to adapt Remitly's services and controls to new business opportunities and changing regulatory requirements. You will be part of a global regulatory compliance team who works closely together and supports each other.


You Will:
Support the business to grow in a manner which is compliant and scales, and in line with our risk appetite. You will work with the business to ensure Remitly manages the Compliance risks that it faces. You are in a senior leadership role focused on and responsible for ensuring that Remilty operations are effective in countering the risk that our services might be used or targeted for financial crime activities. You will be an important risk management role with a broad remit and responsibilities including:

  • Partner with the business to support compliant business growth leveraging solutions that scale across regions

  • Maintain oversight of the changing regulatory environment of the APAC region, and work closely with Director of Regional Compliance to ensure executives are kept informed on regulatory developments and their business impact

  • Implement Remitly compliance strategy, policy and standards, controls, systems and ensure they are implemented at the regional level

  • Lead the APAC team to work with relevant contacts in business, risk and central compliance functions to ensure consistent application, and implementation, and controls to evidence related AML standards, policies and procedures

  • To provide strategic direction and guidance to for compliance related issues including the implementation of a risk management framework

  • Provide advisory services to the business to ensure clear understanding of financial crime risk exposure for clients, transactions and products

  • Engage with key regulators, law enforcement, and other government bodies and agencies on regulatory and licensing matters.

You Have:

  • 10+ years of experience in a compliance focused role and preferably with regulatory experience; Bachelor's degree in Law, Business, Auditing or related field.

  • Understanding of the regulatory landscape in APAC, particularly in Australia, Singapore, India and Japan.

  • Sufficient background to satisfy any pre-appointment checks to be appointed as the AML/ CTF Compliance Officer of the relevant regulators.

  • Independence and tenacity to work as a self starter, but also works well under direction and in a team setting

  • Is comfortable managing numerous aspects of a compliance program in multiple jurisdictions, not only AML/CTF compliance

  • Is professional and works well with people at all levels inside and outside our organization

  • Willingness to travel to Remitly's Global headquarters in Seattle and offices across APAC and in Europe. Estimated travel is 15%, but may be more in the first year of employment.

Our Benefits:

  • Employee Stock Purchase Plan (ESPP) available for eligible employees

  • Mental Health & Family Forming Benefits

  • Continuing education and corridor travel benefits

We 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 equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.