Principal Compensation Manager

Job Description:

About the Role:

Remitly is looking for a Principal Compensation Manager to help design and execute compensation programs that are competitive equitable and aligned with our company values and this role you will serve as a key compensation expert leading significant projects providing analytical insights and influencing compensation decisions across the organization. While not a people management role you will lead through project ownership and subject-matter expertise collaborating cross-functionally and driving outcomes that impact teams globally.

This is an exciting opportunity for an experienced compensation professional who enjoys applying specialized knowledge to solve complex challenges and shape programs in a growing international technology company. This role will report to our Director of Total Compensation and will require 3 days a week working at our Seattle WA Headquarters.

You Will:

• Lead Key Compensation Initiatives: Design and execute compensation projects and programs with a focus on aligning to market best practices in conjunction with Remitly values and compensation philosophy.
• Apply Deep Technical Expertise: Serve as a subject matter expert in compensation design applying knowledge of both cash and equity programs to drive recommendations and solutions to complex pay issues.
• Conduct Advanced Analyses: Analyze market data compensation trends and internal pay practices to develop data-driven insights and recommendations.
• Support Strategic Compensation Cycles: Play a leading role in the design and execution of company-wide compensation cycles (e.g. merit promotion equity refresh) driving operational excellence in process design and delivery.
• Influence and Advise Business Partners: Act as a trusted advisor to HR Business Partners and business leaders supporting compensation decisions across assigned functions or geographies.
• Collaborate Cross-Functionally: Partner with Total Rewards People Operations HRBPs Finance and Legal teams to ensure compensation programs are aligned with business objectives scalable and compliant.
• Support Change and Scalability: Contribute to the evolution of Remitlys compensation practices as we scale supporting new country expansions organizational design changes and evolving market dynamics.
• Provide Thought Leadership: Stay informed on market trends compensation regulations and industry best practices proactively applying this knowledge to improve internal practices and programs.

You Have:

• Bachelors degree in Human Resources Business Finance or a related field or equivalent practical experience.
• 7 years of progressive experience in compensation with expertise in both cash and equity compensation in a high-growth or technology environment.
• Expert knowledge of compensation principles market pricing and long-term incentive design including understanding of equity valuation and related regulatory considerations.
• Experience influencing and advising stakeholders including executives.
• Demonstrated success leading complex compensation projects with cross-functional stakeholders.
• Strong analytical skills with the ability to work through ambiguity and solve complex compensation challenges using data and structured thinking.
• Interest in balancing strategic design with hands-on execution and operational rigor.

Compensation Details. The starting base salary range for this position is typically $150000-$188000. 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.

#LI-Hybrid

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 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.