Deputy MLRO

Job Description:

About the Role:

You will contribute to Remitlys mission by ensuring that Remitly EMEA expansion maintains full compliance with applicable laws and regulations and anticipates new laws and regulations. You will support the Head of Compliance in meeting compliance and regulatory requirements. Weekly travels to Abu Dhabi will be required.

You Will:

• Supporting the operationalisation of the compliance framework and implementing policies and procedures to prevent illegal unethical or improper conduct and comply with all relevant regulatory obligations.
• Handling day to day AML inquiries
• Handling STR/SAR and other regulatory reporting
• Handling all high risk cases
• Supporting the Compliance Officer and MLRO in developing and executing the quarterly AML Monitoring Program.
• Ensuring an appropriate regulatory training program and adequate awareness arrangements and ensuring that employees receive appropriate training on compliance with their regulatory obligations
• In conjunction with the MLRO provide regular compliance reporting and management information to the Board management Global Compliance organisation and other forums as required.
• Ensuring compliance with all applicable AML laws providing oversight control support and coordination for AML compliance.
• Compliance monitoring and testing and ensure timely reporting and remediation of any compliance breaches once identified.
• Ensure that all regulatory reports returns requests business requirements and notifications are submitted to the regulator as required.
• Support with oversight of the performance of compliance services outsourced and ensure that these operate within the defined service levels.
• Monthly testing on the end-to-end AML activities such as reviewing Screening Transactions Monitoring EDD and any internal escalations related to AML
• Keeping up to date and staying ahead of future compliance requirements and horizon scanning.
• Liaising with internal and external auditors; and
• Supporting the wider Compliance Organisation with ad-hoc projects and expansion plans within the Middle East.

You Have:

• Professional experience of 7-8 years in the UAE
• Compliance or AML-related qualification or equivalent is preferred
• Previous experience working in a financial institution ideally in the Remittance/ Stored Value place
• Good knowledge of DFSA Providing Money Services and CBUAE Stored Value Facility activities
• Authorized by DFSA/FSRA/CBUAE is an added advantage
• AML/KYC experience
• Other financial services compliance experience is a plus
• Analytical and good communication skills and the ability to easily interact with colleagues and external contacts
• Able to work as part of a wider team of geographically dispersed and highly skilled professionals
• Ability to work with ambiguity

#LI-Hybrid

Our Benefits:

• Medical Dental & Vision Insurance
• Life Insurance & Income Protection
• Housing Allowance
• Employee Stock Purchase Plan (ESPP)
• Commuter Reimbursement
• Mental Health & Family Forming benefits
• Learning & development 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.