Full-Time

Director – Business Operations & Strategic Initiatives

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

$208k - $260kAnnually

+ Equity

Senior

Seattle, WA, USA

Category
Project Management
Strategy Development
Strategy Research
Business & Strategy
Required Skills
SQL
Financial analysis
Data Analysis
Requirements
  • 10+ years in business operations, business or general management, management consulting, investment banking, or a similar role, ideally within a fast-paced environment.
  • Bachelor's degree in engineering, science, analytics, or a related field; MBA or advanced degree preferred.
  • Strong data and analytical skills; ability to interpret and use data to drive decision making, proficiency in SQL or similar tools is highly desirable.
  • High emotional intelligence (EQ) with a proven ability to influence and collaborate with all levels of the organization.
  • Exceptional communication and presentation skills, with the ability to articulate complex concepts to diverse audiences.
  • Strong executive presence and strategic maturity.
  • Strong organizational and project management skills, with the ability to manage multiple projects simultaneously.
  • Strategic thinker with robust business acumen and financial analysis capabilities.
  • Entrepreneurial mindset with a proactive, problem-solving attitude.
  • Adaptable, with a strong sense of ownership and accountability in driving results.
Responsibilities
  • Accountable for owning the rhythm of the business and agenda of the meetings led by the Chief Business Officer; and lead various aspects of it including providing insights and analysis to assist in strategic discussions and decision making, and tracking follow through.
  • Thought partner to the Chief Business Officer on key strategic initiatives; lead or support special projects, or initiatives, driving cross-functional collaboration and ensuring successful outcomes.
  • Providing decision-making support through analysis and recommendations.
  • Lead and support the development and execution of business plans.
  • Maintain and monitor business health scorecard on key performance metrics to track progress towards goals.
  • Evaluate market trends, competitive dynamics, and emerging opportunities to inform strategic decision-making.
  • Develop prioritization framework for strategic priorities, streamline cross-functional rituals to hold functional and business stakeholders accountable towards the outcomes.
  • Prepare reports, presentations, and briefing materials for executive meetings, leadership offsites and board presentations.

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