We accomplish our vision and mission by relentlessly focusing on culture. We’ve created Remitly’s Cultural Values, which embody how an exemplary Remitly team member and the overall Remitly team works to deliver on promises to customers every day. That starts with putting customers at the centre of everything we do.
Where we are based
Remitly’s hub for APAC is based in Singapore. Our office is located in the Found8 co-working space in the High Street Centre. Remitly’s head office is based in Seattle USA. We also have locations in the Philippines, Nicaragua, and India which provide customer service and risk operations support, as well as business offices in several countries.
Opportunity at Remitly
As the Compliance Manager for our APAC business, you will work closely with our APAC business manager and Global compliance team. You will be part of a friendly, supportive, and close knit global Legal and Compliance team tasked with the construction and maintenance of a world-class compliance function for a fast-growing financial services company.
In this role, you will contribute to Remitly’s mission by ensuring that Remitly’s APAC business maintains full compliance with applicable laws and regulations. You will be managing 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.
Compliance with laws and regulations – understand and maintain continuing knowledge of all local compliance requirements to ensure that Remitly’s compliance programme, product, and services are implemented and maintained consistent with all applicable local laws, regulations and rules. The key laws and regulations include applicable Singapore and Australia requirements for Payment Service/Remittance Providers such as the PSA, AML/CTF, and Privacy laws and guidance issued by MAS and FinTRAC. As part of this role you will also be required to be kept updated on all applicable regulatory developments.
AML Compliance – A key focus of this role is ensuring Remitly’s compliance with all applicable AML laws. This requires you providing oversight, control, support and coordination for AML compliance including money-laundering detection, KYC, partner bank due diligence, investigating and providing analysis of any suspicious transactions in accordance with current Money Laundering regulations, overseeing the appropriate record keeping functions, and, as the Company’s Money Laundering Reporting Officer, making all appropriate filings, including suspicious activity reports. In this position you will also be the Regulators’ primary point of contact.
Engaging with Regulators and other agencies – Engaging with MAS, FinTRAC, law enforcement, and other government bodies and agencies on regulatory and licensing matters. Being responsible for suspicious transactions/matters reports, police filings, and creating an effective working relationship between Remitly and regulatory bodies in Singapore and Australia.
Engaging with the Global Compliance Team – You will report to and engage with Remitly Global Compliance based in Seattle, London, and Cork to ensure APAC compliance policy and processes are aligned, consistently applied and risk metrics are managed appropriately. You will also coordinate with Remitly’s Global Compliance to address issues raised in audit reports, self-assessments, compliance
reviews, and/or regulatory inquiries.
Compliance Monitoring and Testing – You will ensure internal compliance and regulatory contracts are effectively managed, consistent with regulatory and contractual requirements. The role also requires monitoring of outsourced services, consumer complaint processing, and remediation of underlying service concerns.
Training - Perform anti-money laundering and other applicable law training to relevant staff in accordance with company policy and relevant APAC regulatory requirements particularly Singapore and and Australia.
Compliance Culture - promote and ensure adoption of a compliance culture throughout Remitly’s global operations, consistent with Remitly’s core values.
A successful candidate:
Remitly is an Equal Opportunity Employer. Individuals seeking employment at Remitly are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, or sexual orientation.
Remitly is an eVerify Employer.