Compliance Analyst



IT, Legal
Manila, Philippines
Posted on Saturday, August 26, 2023

Job Description:

About the Role:
You will report to the Global Compliance team and support Remitly's obligation to oversee its
financial partners. Your role is crucial to maintaining a compliant partner network and identifying
potential risks to Remitly's business and reputation. A typical day would include coordination
with external partners to collect due diligence documents, analyzing partner compliance
programs for risks, drafting due diligence reports, organizing supporting documentation,
discussing technical compliance matters with partner compliance teams, responding to due
diligence review requests from partners, and monitoring adverse media alerts.
You will also support other regulatory compliance tasks such as leading compliance monitoring
reviews, pulling reports for regulatory reporting, assisting in onsite compliance reviews at
partner headquarters, and preparing responses to law enforcement requests.
You will be based out of Remitly's Manila, PH office and remote.
You Will:
Manage communication with partners to request and follow up on due diligence
Assess a partner's compliance with regulatory requirements and industry best
practices as well as identify risks through analysis of due diligence documentation
from partners and external research.
Draft comprehensive due diligence reports detailing analysis of a partner's
compliance, financial, and reputation risks.
Review and investigate ongoing adverse media alerts on partners.
Assess country level AML/CTF risk of a partner's distribution network.
Complete due diligence questionnaires and information received from partners.
Assist periodic onsite evaluations at partner headquarters in LATAM.
Lead ad-hoc compliance monitoring reviews and help implement corrective actions.
Assist the Global Compliance Team with projects on an ad-hoc basis.
You Have:
5+ years of experience with AML, CTF, KYC, sanctions and other regulatory
requirements; preferably in a fintech, banking, or payments processor space.
5+ years of experience either overseeing or directly contributing to compliance
Experience assessing or auditing compliance programs for adherence to regulatory
requirements and best practices.
Experience with payments products, services, and operations.
Substantive knowledge of applicable AML regulatory requirements and best practices.
Experience communicating directly with external partners.
Experience organizing and managing multiple high priority tasks on an ongoing basis.
English language skill
CAMS or AML certifications are a bonus

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