Consumer Protection Compliance Manager

Posted Yesterday
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London, Greater London, England
Senior level
eCommerce • Fintech • Payments • Software • Financial Services
We provide trusted digital financial services to our customers and recipients in over 170 countries across the globe.
The Role
The Consumer Duty & CPC Oversight Manager will oversee and enhance policies and procedures aligning with UK and EU consumer protection standards, conduct testing and monitoring for compliance, develop training, manage consumer protection action plans, and ensure adherence to guidelines for consumer protection.
Summary Generated by Built In

Job Description:

Remitly's vision is to transform lives with trusted financial services that transcend borders. Since 2011, we have been tirelessly delivering on our promises to people who send money around the world. Today, we are reimagining global financial services and building products that extend beyond traditional barriers to give customers access to more of the services they need, no matter where they call home. Join over 2,700 employees worldwide who are growing their careers with purpose and connection with our customers while having a positive impact on millions of people around the globe.

About the Role:

We are looking for an experienced Consumer Protection Compliance Manager to support the development and expansion of the Global Consumer Protection Program. As a Compliance Manager, you will report to the Head of Global Consumer Protection, and work with regional compliance officers, product, Legal, operations and customer service teams to maintain consumer protection programs to support Remitly's services and operations.

This will be a hybrid role (2-3 days a week) based in our London office. #LI-Hybrid

You Will:

  • Develop policies, procedures, risk assessments, training materials, reports and other related compliance documentation.
  • Provide consumer protection compliance subject matter expertise and communicate complex regulatory requirements to Remitly teams.
  • Perform routine compliance reviews including testing and monitoring activities to determine compliance with consumer protection laws, rules, and regulations.
  • Monitor internal metrics, data and controls to ensure compliance with the Financial Conduct Authority (FCA) and Central Bank of Ireland (CBI) guidelines, and UK and EU consumer protection standards.
  • Track to completion process enhancements conducted by other teams meet consumer protection regulatiory requirements.
  • Manage any consumer protection mitigation/remediation action plans.
  • Contribute to the continuous improvement of the compliance control framework and assurance program.
  • Collaborate with Remitly teams to support implementation projects.

You Have:

  • 5+ years' experience working in a regulated services sector
  • Experience of working on a Consumer Duty oversight function.
  • Knowledge of UK and Irish regulatory consumer protection guidance
  • Excellent communication and organisational skills
  • Collaborative approach with ability to build strong working relationships
  • Translate and implement tailored, solutions that meet regulatory and compliance obligations

Our Benefits:

  • Paid Vacation Days
  • Health insurance
  • Commuter benefit
  • Employee Stock Purchase Plan (ESPP)
  • Mental Health & Family Forming Benefits
  • Continuing education and corridor travel benefits

We are committed to nondiscrimination across our global organization and in all of our business operations. Employment is determined based upon personal capabilities and qualifications without discrimination on the basis of race, creed, color, religion, sex, gender identification and expression, marital status, military status or status as an honorably discharge/veteran, pregnancy (including a woman's potential to get pregnant, pregnancy-related conditions, and childbearing), sexual orientation, age (40 and over), national origin, ancestry, citizenship or immigration status, physical, mental, or sensory disability (including the use of a trained dog guide or service animal), HIV/AIDS or hepatitis C status, genetic information, status as an actual or perceived victim of domestic violence, sexual assault, or stalking, or any other protected class as established by law.

Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

The Company
London
2,700 Employees
Hybrid Workplace
Year Founded: 2011

What We Do

Since 2011, Remitly has been tirelessly delivering on our promises to our customers sending their hard earned money home. Today, we are incredibly proud to have served millions of customers globally wWe strive daily to meet our promise to our customers by building peace of mind into everything we do. Join over 2,700 employees across 10 offices who are growing their careers while having a positive impact on people globally.

Why Work With Us

We are united through our vision to transform lives with trusted financial services that transcend borders. We accomplish our vision by relentlessly focusing on culture via our cultural values. That starts with putting customers at the center of everything we do, and includes investing in the growth & development of our team.

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Remitly Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

As a global team, we are connected through our customers, and vision – not our location. Our employees can live and work with flexibility, while prioritizing in-person touchpoints to come together for moments that matter.

Typical time on-site: Flexible
London, GB

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