Job Description:
About the Role:
The Issues Management Manager will be responsible for the development, implementation, and oversight of the risk management programs for the organization. This role is critical in ensuring compliance with various regulatory expectations and maintaining the financial stability and operational integrity of our business activities in serving our customers.
You Will:
Support the business to grow in a manner which is compliant and scales, and in line with our risk appetite. You will be a member of Remitly’s Enterprise Risk Management organization supporting programs and risk management activities across a number of jurisdictions in which we operate.
You will be an important risk team member with a broad remit and responsibilities including:
Actively contributing to and scaling the Enterprise Risk Management Framework (ERM) for local entities;
Supporting Risk Officers in managing and setting the strategy for local entities;
Supporting local risk functions including risk controls, setting & managing risk exposures;
Developing and using risk identification and measurement tools ;
Performing risk assessments, analyzing current risks, and identifying potential risks affecting the entity and products;
Helping mitigate risks arising from internal processes, people and systems;
Investigating procedures & processes, appropriately document activities & identify appropriate controls;
Reviewing and evaluating new and revised processes to ensure the appropriate risk management oversight and infrastructure exist to measure, monitor, and control such risks;
Actively supporting the annual risk assessment process and required reporting;
Provide analysis and support in risk decisions with stakeholders, business leaders;
Contributing to continuous enterprise risk & controls self assessment process, including ongoing gathering of risk data, maintaining enterprise risk universe, and reporting to key stakeholders;
Maintenance of ERM Risk policies, procedural documents
Maintaining and developing the risk monitoring programme and remediation work.
Mitigating threats by developing risk maps, strategic action plans and monitoring risk mitigation efforts;
Producing and distributing risk assessments and progress reports;
Facilitating the execution of risk management policies and procedures with the first line.
You have:
Bachelor's degree in Finance, Economics, Business Administration, or a related field (Master’s degree preferred).
Minimum of +5 years of experience in risk management within the financial services industry, with a strong understanding of financial regulations
Some experience managing small teams
Proven track record of developing and implementing risk management frameworks
Strong analytical and problem-solving skills, with the ability to make data-driven decisions
Excellent communication and interpersonal skills, capable of working effectively with stakeholders at all levels
Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Top Skills
Similar Jobs at Remitly
What you need to know about the Boston Tech Scene
Key Facts About Boston Tech
- Number of Tech Workers: 269,000; 9.4% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Thermo Fisher Scientific, Toast, Klaviyo, HubSpot, DraftKings
- Key Industries: Artificial intelligence, biotechnology, robotics, software, aerospace
- Funding Landscape: $15.7 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Summit Partners, Volition Capital, Bain Capital Ventures, MassVentures, Highland Capital Partners
- Research Centers and Universities: MIT, Harvard University, Boston College, Tufts University, Boston University, Northeastern University, Smithsonian Astrophysical Observatory, National Bureau of Economic Research, Broad Institute, Lowell Center for Space Science & Technology, National Emerging Infectious Diseases Laboratories