Compliance Licensing Specialist

Remitly•Seattle, WA

3d•$92,000 - $115,000•Hybrid

About The Position

Remitly is looking for a Compliance & Licensing Specialist to join our fast-growing and fast-paced team! You will help ensure 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. You will report to the Senior Manager of Regulatory Compliance & Licensing. This is a hybrid role based out of Seattle, WA and requires 3+ days a week working from our Seattle headquarters.

Requirements

Minimum of 3 years of experience in a Compliance or Licensing role within a financial services business, preferably in a Fintech or 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.
Four-year degree and Compliance professional certification preferred.

Responsibilities

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.