Full-Time

Internal Audit Associate

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

$72k - $108kAnnually

+ Equity

Entry, Junior

Seattle, WA, USA

Hybrid schedule requiring in-office presence at least 3 days a week.

Category
Auditing
Accounting
Requirements
  • A bachelor's degree in accounting, finance, business administration, or a related field. Public accounting experience preferred.
  • 1+ years of experience in accounting, finance, law or related fields, even if not specifically in audit.
  • A willingness take initiative in identifying issues and seeking solutions.
  • Ability to work effectively in a team environment and collaborate with colleagues.
Responsibilities
  • Perform SOX, operational and regulatory compliance audits, including documenting processes, conducting walkthroughs, evaluating control design effectiveness, executing control testing, and assessing the impact of key control deficiencies.
  • Support Internal Audit department development activities such as risk assessment, policy updates and quality assurance.

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.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Continuing Education or Travel Stipend

Office Culture

Flexible PTO, Schedules and Leaves

DEI Learning Opportunities

Community Engagement

Inclusive Benefits