Compliance Officer, Australia

Remitly; Australia; Hybrid; AUD 180,000 - 240,000; Full time

Benefits offered by this job

Medical benefits

ESPP (Employee Stock Purchase Plan)

Mental health benefits

Education and travel benefits

Job summary

Remitly in Australia seeks a Compliance Officer and MLRO to oversee the Australian compliance program and regulatory obligations. You will work under the Head of Compliance APAC to manage risks, implement controls, and adapt policies to evolving regulations in the APAC region.

You will liaise with AUSTRAC and other authorities, oversee AML policies, and ensure timely reporting to the Board and management. A strong emphasis on analytical skills, discretion, and stakeholder collaboration is

Qualifications

• 10+ years of experience in the compliance and AML sector, ideally in financial services/fintech.
• Experience with AUSTRAC and knowledge of corresponding regulatory obligations is preferred.
• Proven problem solving and analytical skills with a "get it done" mindset.
• Ability to partner effectively and communicate with a variety of internal and external stakeholders.
• Proactive, extreme attention to detail and discretion.
• Strong written and verbal communication skills.

Responsibilities

• Oversee the compliance program for Remitly Australia and ensure adherence to regulatory requirements.
• Maintain and update compliance manuals and related documentation; act as the point of contact for Australian authorities.
• Provide regular compliance reporting and management information to the Board and Management.
• Define training and awareness programs for regulatory obligations and monitor compliance breaches.

Skills

Regulatory compliance

AML knowledge

Stakeholder communication

Attention to detail

Problem solving

Job description

Job Description: At Remitly, we believe everyone deserves the freedom to access, move, and manage their money wherever life takes them. Since 2011, we've tirelessly delivered on our promise to customers sending money globally, providing secure, simple, and reliable ways to manage their money, ensuring true peace of mind. Whether it's supporting loved ones back home, growing a business across continents, or pursuing new opportunities abroad, we're not just here to move money— we're here to move our global customers forward.

About the Role

Remitly is looking for a Compliance Officer and Anti-Money Laundering Reporting Officer (MLRO) in Australia. You will be responsible for overseeing the compliance program for Remitly Australia and ensuring compliance with its regulatory and reputational risk. You will contribute to Remitly's mission by ensuring that Remitly's Australian business maintains full compliance with applicable laws and regulations. Reporting to the Head of Compliance APAC, you will assist in managing compliance and regulatory risks, using your strong analytical skills and keen eye for detail to adapt Remitly's services and controls to new business opportunities and changing regulatory requirements within the APAC region.

You will be leveraging global and group resources in order to undertake the following:

• Document the procedures of the compliance function and maintain and update (as necessary) compliance manuals and related documentation;
• Act as the point of contact for the JFSA and other competent Australian authorities;
• Provide regular and timely compliance reporting and management information to the Board, Management and Group;
• Establish and maintain compliance monitoring and reporting program to ensure that any compliance breaches are readily identified, reported and acted on;
• Defining the necessary level of knowledge on existing and emerging regulatory compliance requirements;
• Maintain an appropriate regulatory training program and adequate awareness arrangements and ensure that employees receive appropriate training on compliance with their regulatory obligations;
• Record keeping, including in relation to compliance breaches, conflicts identification and management, authorized individuals and regulatory returns;
• Liaise with the JFSA and other authorities (as required) in relation to regulatory compliance issues;
• Oversee day-to-day operations with respect to the compliance with its AML policies, procedures, systems and controls;
• Act as the point of contact to receive notifications from employees and take appropriate action under the Anti-Money Laundering, Counter—Terrorist Financing and Sanctions Regulations;
• Responsible for suspicious activity reports in accordance with AML legislation;
• Collaborate and liaise with regulatory authorities and other external parties as well as with internal stakeholders as relevant;
• Identify potential areas of compliance vulnerability, suggesting action plans for resolution and providing guidance to mitigate risk;
• Review and interrogating technical solutions to support existing and new initiatives;
• Monitor changes in applicable laws and regulations and providing guidance to the business in relation to implementation;
• Undertake any ad hoc duties as and when required.

You Have:

• 10+ years of working experience within the compliance & AML Sector, ideally within the financial services / fintech industry
• Experience with AUSTRAC and knowledge of corresponding regulatory obligations is preferred.
• Proven problem solving and analytical skills with a "get it done" mindset
• Ability to partner effectively and able to communicate with a variety of both internal and external stakeholders
• Proactive, extreme attention to detail and operates with a high degree of discretion
• Strong written and verbal communication skills

Our Benefits:

• Medical, Dental & Vision via Bupa Life Insurance & Disability
• Employee Stock Purchase Plan (ESPP) available for eligible employees
• Mental Health & Family Forming Benefits
• Continuing education and travel benefits

Our Connected Work Culture:

Driving Innovation, Together At Remitly, we believe that true innovation sparks when we come together. Our Connected Work Culture fosters dynamic in-person collaboration, where ideas ignite and challenging problems find solutions faster. Under the Company's current hybrid-work expectations, employees in this position work onsite Tuesday through Thursday each week. Additional onsite attendance may be required based on business needs, and the Company may modify its hybrid-work expectations from time to time. These intentional in-office moments are vital for deepening relationships, fueling creativity, and ensuring your impact is felt where it matters most.

Remitly is an E-Verify Employer

At Remitly, we are dedicated to ensuring that our workplace offers equal employment opportunities to all employees and candidates, in full compliance with applicable laws and regulations. Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Remitly is a leading digital financial services provider for immigrants and their families in over 170 countries around the world. Remitly helps immigrants send money home in a safe, reliable and transparent manner. Its digitally-native, cross-border remittance app eliminates the long wait times, complexities and fees typical of traditional remittance processes. Building on its strong foundation, Remitly is expanding its suite of products to further its mission and transform financial services for immigrants all around the world.