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Compliance Associate

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Remitly

6d ago

  • Job
    Full-time
    Entry & Junior Level
  • Legal
    Banking & Finance
  • Cork
  • Quick Apply

AI generated summary

  • You need 6 months in investigating unusual activity, experience with regulatory reports or AML/CTF, pattern analysis, escalating risks, and a background in fintech or finance.
  • You will investigate unusual customer activity for compliance, identify trends related to fraud, ensure adherence to AML policies, and collaborate with the global compliance team.

Requirements

  • A minimum of 6 months experience investigating unusual activity. Experience of filing regulatory reports related to AML, CTF, Fraud Investigations desirable but not essential.
  • Experience in identifying and analysing patterns in transactional behaviour and determining if regulatory reporting is required.
  • Experience in identifying unusual patterns of activity and escalating for potential risk mitigation.
  • Experience working in a compliance driven environment while ensuring a positive customer experience.
  • Direct experience in either fintech or financial industries.

Responsibilities

  • Work within a compliance focused function within the customer operations team. This function will review unusual activity within customer profiles that may be related to money laundering or fraud. These investigations may lead to regulatory filings.
  • Work with the compliance organization at Remitly regarding these investigations.
  • Identify customer-related trends, patterns and issues associated with money laundering, terrorist financing and other unwanted and fraudulent transaction activity.
  • Ensure the Anti-Money Laundering policies and procedures are always complied with.
  • Learn and share knowledge in a global team environment
  • Other ad hoc duties as required.

FAQs

What is the job title for this position?

The job title is Compliance Associate.

Where is the Compliance Associate position located?

The position is located in Cork, Ireland.

What is the nature of the work environment for this role?

This is a hybrid role, requiring 3 days a week onsite in the office.

What are the main responsibilities of the Compliance Associate?

The Compliance Associate will review and file chargeback cases, investigate transaction monitoring cases, ensure compliance with Anti-Money Laundering policies, and identify patterns related to fraudulent activities.

What qualifications are required for this role?

A minimum of 6 months of experience in investigating unusual activity is required, with a preference for experience in filing regulatory reports related to AML, CTF, and Fraud Investigations.

Is direct experience in the financial industry necessary?

Yes, direct experience in either fintech or financial industries is required for this role.

What benefits does Remitly offer to its employees?

Remitly offers 34 days of vacation, group private medical insurance, a group pension with 6% contribution, an Employee Stock Purchase Plan, and mental health & family forming benefits.

Does Remitly have a policy on diversity and nondiscrimination?

Yes, Remitly is committed to nondiscrimination and creating an inclusive environment for all employees.

Will the Compliance Associate have opportunities for learning and development?

Yes, Remitly provides learning and development benefits for its employees.

Why is the Compliance Associate role important for Remitly?

The Compliance Associate is vital for ensuring compliance with internal policies, local financial service laws, and regulatory requirements, which are essential for maintaining high customer service and compliance standards in a growing financial services company.

We are united through our mission - to tirelessly deliver on our promise to immigrants sending money across the world.

Finance
Industry
1001-5000
Employees
2011
Founded Year

Mission & Purpose

Remitly is a company that provides digital remittance services, enabling individuals to send money internationally in a safe, convenient, and cost-effective manner. Their ultimate mission is to transform the lives of immigrants and their families by providing them with financial inclusion and empowerment. Remitly's purpose is to create a global financial system that is more inclusive, accessible, and fair, allowing people to seamlessly send and receive money across borders, bridging the gap between loved ones and promoting economic opportunities worldwide.

Benefits

  • Continuing Education or Travel Stipend

    Spend up to $1,000 per year on costs related to continuing education or on travel to countries Remitly serves, allowing you to gain insights to our customer’s journeys.

  • Office Culture

    All of our office spaces offer our employees a place to collaborate and celebrate. With locally sourced artwork and vibrant designs, they create an environment that all can enjoy.

  • Flexible PTO, Schedules and Leaves

    Fill your cup up outside of work and take advantage of our generous paid time off policies, leave policies, and flex working hours to ensure you are able to meet the demands of life outside of work.

  • DEI Learning Opportunities

    Tap into the learning routines, resources and affinity groups Remitly provides to help you further your own DEI journey.