Full-Time

Head of & – Policy and Regulatory Affairs

Confirmed live in the last 24 hours

Remitly

Remitly

1,001-5,000 employees

Facilitates international money transfers for immigrants

Fintech
Financial Services

Senior

London, UK

Role involves leading PRA function for EMEA and APAC.

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Public Policy
Political Science
Requirements
  • 10+ years of experience working directly with policymakers or representing a company, organization (e.g. trade or industry association) on policy advocacy and government affairs matters with policymakers and government stakeholders at the national and local levels.
  • A Bachelor's degree or higher in a relevant discipline (e.g. Law, Political Science, Public Policy, Public Affairs, Economic Development).
  • Experience managing several overlapping deliverables to meet tight deadlines;
  • Experience with executive stakeholder management, influencing outcomes, and summarizing complex information and messaging;
  • Strong understanding of important issues related to financial services policy and government affairs strategies;
  • Excellent written and verbal communication skills.
Responsibilities
  • Develop, lead, and implement public policy and government affairs strategies for Remitly designed to drive outcomes in financial services policy that beneficially impact our business and our customers.
  • Advance the company's policy positions directly and through industry associations to enable a competitive and fintech-friendly regulatory environment.
  • Evaluate and report on potential regulatory risks and opportunities, develop mitigation or enhancement strategies and policy positions, and coordinate external advocacy and outreach programs and key initiatives.
  • Facilitate meetings between the Head of PRA, Remitly executives, and key stakeholders, including government officials, regulators, industry associations and coalition partners to promote advocacy positions.
  • Raise awareness among government officials, policymakers and regulators about Remitly, our business, and public policy positions that will work to enhance the speed, safety, and reduce the cost of remittances.
  • Work collaboratively and transparently with the business to ensure alignment between public policy goals and core business objectives.
  • Participate and contribute to EMEA and APAC focused trade associations and coalitions to advance policy and thought-leadership outcomes.
  • Manage external consultants with high judgment, ethics, and integrity.
  • Manage required external disclosure processes.

Remitly focuses on international money transfers, helping immigrants send money to their families quickly and securely at lower costs than traditional banks. The company charges transaction fees and earns from the exchange rate margin, offering various transfer options like bank deposits and cash pickups. Remitly enhances user experience through its website and mobile app, allowing real-time tracking of transfers, and engages with immigrant communities by providing helpful resources and educational support. Its goal is to meet the unique needs of immigrants while ensuring fast, affordable, and reliable money transfer services.

Company Stage

IPO

Total Funding

$423.9M

Headquarters

Seattle, Washington

Founded

2011

Growth & Insights
Headcount

6 month growth

3%

1 year growth

3%

2 year growth

22%
Simplify Jobs

Simplify's Take

What believers are saying

  • Strategic partnerships with major players like Visa and Mastercard enhance Remitly's service offerings and market reach.
  • The appointment of a new Chief People Officer indicates a focus on strengthening organizational culture and employee satisfaction.
  • Remitly's involvement in high-visibility partnerships, such as with Major League Cricket, boosts brand recognition and customer trust.

What critics are saying

  • Ongoing legal investigations could impact investor confidence and financial stability.
  • The competitive remittance market, with players like Visa and CIBC, poses a constant threat to market share.

What makes Remitly unique

  • Remitly focuses on serving immigrants and their families, offering tailored services that address their unique needs, unlike broader financial service providers.
  • The company leverages technology to provide real-time tracking and transparency, enhancing user trust and satisfaction.
  • Remitly's commitment to social responsibility, including educational initiatives and community engagement, sets it apart from competitors.

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Benefits

Continuing Education or Travel Stipend

Office Culture

Flexible PTO, Schedules and Leaves

DEI Learning Opportunities

Community Engagement

Inclusive Benefits