Compliance Officer, Australia

Job Description:

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 Remitlys mission by ensuring that Remitlys 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 Remitlys 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 CounterTerrorist 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. For corporate team members we have an in-office expectation of at least 50% of the time monthly typically achieved by coming in three days a week. This creates a consistent meaningful overlap that supports team norms and business needs. Managers also have the flexibility to set higher expectations based on their teams specific needs. 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.