Senior Counsel, New Product Initiatives

Remitly, Inc.; Seattle (WA); Hybrid; USD 208,000 - 260,000; Full time

Benefits offered by this job

Flexible paid time off

Health, dental, and vision + 401k plan

Paid parental, medical, military andf

Mental Health & Family FormingBenefits

Employee Stock Purchase Plan (ESPP)

Continuing education

Job summary

Remitly, Inc. seeks a Senior Counsel for New Products to guide legal aspects of consumer and cross-border payments, stored-value products, and fintech development. You will collaborate with global teams in Seattle, Arlington, and beyond, applying regulatory expertise to innovative product launches.

The role is hybrid, with in-office Tue-Thu required, located in Seattle or Arlington, VA. 6+ years in fintech law and bar admission are expected.

Qualifications

• Knowledge of consumer FinTech products and product development lifecycle.
• Experience advising cross-functional teams on legal topics.
• Ability to translate legal advice into actionable guidance for product teams.

Responsibilities

• Provide complex legal advice for global product launches in a highly regulated financial services industry.
• Support development and launch of new global products and ensure regulatory compliance.
• Advise product, engineering, compliance, and marketing teams on legal requirements and risks.

Skills

Consumer FinTech knowledge

Cross-functional collaboration

Regulatory compliance

Education

J.D. or equivalent

State Bar admission

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 Senior Counsel, New Products who has a background in consumer and cross-border payments, stored-value products, digital wallets, financial product development, and consumer protection. You will work with and report to our Director, Global Head of Product and Marketing Legal and work with our dynamic legal teams based in Seattle, London; Arlington, VA; Brazil; and the United Arab Emirates. You will also be part of a supportive, and close knit global business group, establishing a world‑class legal function for a fast‑growing financial services company. You will be located in either Seattle or Arlington, VA. It is a hybrid role, with a Tuesday, Wednesday, Thursday in office requirement.

You Will

• Support new global product launches by providing complex legal advice on legal topics and issues in the highly regulated financial services industry.
• Provide legal support for the development and launch of many global new products.
• Gain expertise on all legal and compliance facets of FinTech products, across multiple jurisdictions.
• Advise our product, engineering, compliance, and marketing teams on legal requirements and risks related to our products.
• Identify potential legal risks and recommend reasonable mitigations.
• Be comfortable advising teams on unclear areas of the law and interpreting and applying the law in new contexts.
• Translate legal advice into actionable guidance for product and business teams.
• Assist and work with outside counsel to obtain legal advice in multiple jurisdictions.
• If necessary, assist with interactions with regulators and internal audit inquiries.
• Work collaboratively and develop relationships with internal partners.
• Remain up-to-date on all relevant financial services regulations and guidance, industry standards, and consumer protection laws to provide legal advice.
• Have the chance to learn and succeed in fast‑paced and innovative environment.

You Have

• J.D. or equivalent.
• Been admitted to, and in good standing with at least one State Bar.
• Knowledge of consumer FinTech products and experience advising cross‑functional teams at all stages of the product development lifecycle.
• Experience with prepaid or stored value, payments and money movement, and lending laws is beneficial.
• Knowledge of the Bank Secrecy Act anti‑money laundering regulations is also beneficial, but not required.
• General ability to work on commercial contracts.
• 6 or more years of experience practicing either in‑house at a FinTech or bank, or at a law firm with a focus on financial services and products.
• The desire to collaborate and work as part of a global team.

Compensation Details

The starting base salary range for this position is typically $208,000 -$260,000. In the U.S., Remitly employees are shareholders in our Company and equity is part of our total compensation plan. Your recruiter can share more information about medical benefits offered, as well as other financial benefits and total compensation components offered with this role.

Our Benefits

• Flexible paid time off
• Health, dental, and vision + 401k plan with company matching
• Paid parental, medical, military and family care leave
• Mental Health & Family Forming Benefits
• Employee Stock Purchase Plan (ESPP)
• Continuing education

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.