Full-Time

Head of & – Policy and Regulatory Affairs

Posted on 10/25/2024

Remitly

Remitly

1,001-5,000 employees

International money transfer for immigrants

Fintech
Financial Services

Senior

London, UK

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

13%

2 year growth

22%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased digital wallet adoption in key markets expands Remitly's reach to unbanked individuals.
  • AI agents in operations could reduce costs and improve Remitly's efficiency.
  • Visa collaboration enhances Remitly's cross-border fund flow services, boosting customer satisfaction.

What critics are saying

  • Swift's integration into banks' channels poses a competitive threat to Remitly.
  • AI agents' rise may challenge Remitly's operational model in efficiency and cost-effectiveness.
  • Schall Law Firm's investigation could impact investor confidence and Remitly's reputation.

What makes Remitly unique

  • Remitly focuses on immigrants, offering competitive rates and fast, secure transactions.
  • The company leverages technology for a seamless user experience via its app and website.
  • Remitly engages with immigrant communities through content and educational initiatives.

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Benefits

Continuing Education or Travel Stipend

Office Culture

Flexible PTO, Schedules and Leaves

DEI Learning Opportunities

Community Engagement

Inclusive Benefits

INACTIVE