Senior Risk Management Associate

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:

You will be responsible for the development, implementation, and oversight of the risk management framework for the organisation. This role is critical in ensuring compliance with various regulatory expectations and maintaining the financial stability and operational integrity of our business activities. Support the business to grow in a manner which is compliant and scales, and in line with our risk appetite. You will be a member of Remitly's Enterprise Risk Management organisation supporting programs and risk management activities across a number of jurisdictions in which we operate. This position is based in our London office and is a hybrid model (50% onsite). You will be reporting to of our Directors of Enterprise Risk Management.

You Will:

• Actively contribute to and scaling the Enterprise Risk Management Framework (ERM) for local entities
• Support Risk Officers in managing and setting the strategy for local entities
• Support local risk function including risk controls, setting and managing risk exposures
• Develop and use risk identification and measurement tools
• Perform risk assessments, analyse current risks, and identify potential risks affecting the entity and products
• Help mitigate risks arising from internal processes, people and systems
• Investigate procedures and processes, document activities & identify appropriate controls
• Review and evaluate new and revised processes to ensure the appropriate risk management oversight and infrastructure exist to measure, monitor, and control such risks
• Actively support the annual risk assessment process and required reporting
• Provide analysis and support in risk decisions with stakeholders
• Contribute to enterprise risk & controls self assessment process, including ongoing gathering of risk data, maintaining enterprise risk universe, and reporting to key stakeholders;
• Maintain ERM Risk policies, procedural documents
• Maintain and develop the risk monitoring programme and remediation work
• Mitigate threats by developing risk maps, strategic action plans and monitoring risk mitigation efforts
• Produce and distribute risk assessments and progress reports
• Facilitate the execution of risk management policies and procedures with the first line

You Have:

• Bachelor's degree in Finance, Economics, Business Administration, or a related field (Master's degree preferred).
• Minimum of 3-5 years of experience in risk management within the financial services industry, with a strong understanding of financial regulations
• Proven track record of developing and implementing risk management frameworks
• Strong analytical and problem-solving skills, with the ability to make data-driven decisions
• Excellent communication and interpersonal skills, capable of working effectively with stakeholders at all levels

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.