Full-Time

Head of Corporate Treasury

Confirmed live in the last 24 hours

Remitly

Remitly

1,001-5,000 employees

Facilitates international money transfers for immigrants

Fintech
Financial Services

Compensation Overview

$164k - $205kAnnually

+ Equity

Expert

Seattle, WA, USA

Hybrid position requiring in-office presence.

Category
Treasury
Finance & Banking
Requirements
  • Significant 10 or more years of experience in Treasury functions, ideally in large international environment, with previous change-management / integration experience desirable
  • Experience in Debt origination and management
  • Has a deep understanding of bank account management, international funds flows and cash management systems
  • Experience with foreign exchange and intercompany cash management and structuring
  • Broad experience across banking platforms, treasury workstations and/or ERP systems
  • A team approach: will be a key player with building out new markets and will require collaboration across the organization
  • Strategic thinker with excellent verbal and written communication; able to communicate complex financial issues in simple, understandable terms
  • Knowledge of accounting processes and internal controls
  • Experienced leader that must be prepared to be hands-on and lead from the front
  • Self-starter, highly ethical, reliable, highly communicative with the demonstrated ability to work with minimal supervision
  • Bachelor's degree in Accounting, Finance, Economics, Business, or a related field
  • Experience leveraging machine learning or artificial intelligence for insight and automation
  • Experience in fintech industry, especially payments
  • Profession certification (CTP or CPA) a plus
Responsibilities
  • Manage a global team with talent in Seattle, London, Philippines, and Nicaragua
  • Manage our global cash resources and full life cycle for treasury payments including settlement of all wire payments and FX trade settlements
  • Conduct strategic cash management reviews, developing cash management strategy, building policy, reporting, technology, and process roadmaps
  • Forecast cash flow positions, related borrowing needs, and available funds for investment, ensuring that sufficient funds are available to meet ongoing operational and capital investment requirements
  • Key owner of Remitly's debt portfolio. Managing our bank facilities, including origination, renewals, drawdowns and headroom
  • Develop centralized and standardized global bank account administration and documentation processes
  • Key stakeholder in corporate entity management
  • Review our cross entity FX and balance sheet exposures, taking action to correct any imbalance, recommending hedges where appropriate
  • Develop and maintain strong banking relationships to ensure delivery of appropriate and cost-effective global banking services and support
  • Identify, recommend, and help implement new technologies and enhancements

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