Remitly
We provide trusted digital financial services to our customers and recipients in over 170 countries across the globe.
Seattle, WA

Treasurer

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At Remitly, we help immigrant communities around the world send over $8 billion a year to their loved ones. Sending money is faster, easier, and costs less with our all-digital money transfer platform. Our vision is to transform the lives of immigrants and their families by providing the most trusted financial service products on the planet. At Remitly, your work has a direct and positive impact on people around the globe. Your work matters, every day.

The treasury team is a core part of Remitly’s business, as it is tied to both revenue generation and risk mitigation. The goal of the team is to support the mission of Remitly by managing risk, providing superior foreign exchange execution, and optimizing our use of capital to deliver on our promise to immigrants sending money across the world. Our treasury strategy has 3 pillars: Risk Management, Foreign Exchange Management, and Capital Optimization. The treasury team works very closely with several other functions, including the pricing team who is tasked with setting the price (FX rate and fees charged) for each product, the business development team who negotiates the relationships with international banks and disbursement partners, compliance, and accounting.

The ideal candidate is a strong leader experienced in building and growing global teams who is passionate about fostering strong business partner relationships and is also comfortable rolling up his/her sleeves to execute. The Treasurer will manage the current treasury team and will report directly to Remitly’s CFO. This position will be based in the company headquarters in Seattle, WA. 

What you’ll be doing: 

  • Create the vision for Remitly’s treasury organization, including the top strategic priorities and success metrics
  • Lead a global treasury team with near 24/7 operations including three existing functions
    • Cash Management - Oversee the projection of liquidity needs and the daily execution of funds transfers including wires, bank accounts, investments, etc
    • Trading Operations - Oversee the execution and optimization of $7B+ annual currency trades within risk frameworks
    • Treasury Strategy - Oversee the evaluation of trading strategies, operational policies, and other optimizations to increase FX spreads or mitigate risk 
  • Empower your team, and where necessary roll up your sleeves to identify and hit treasury performance metrics including trade execution efficiency, managing risk through net positions/ exposures, and FX gains and losses to identify areas of improvement
  • Identify and execute on process and systems improvements
  • Work with product management and engineering to build proprietary treasury tools to improve access to data and increase operational efficiency
  • Build and maintain relationships with corporate banks, lenders, and global remittance partners. Assist with negotiations on bank fees and FX spreads and ensure contractual terms are met. 
  • Ensure compliance with regulatory and credit requirements
  • Serve as the company expert on treasury and FX matters internally, with the Board/ audit committee, and with investors 
  • Coordinate/liaise with teams across Remitly including pricing, accounting, compliance, business development and product/ engineering teams

Who we are looking for:

  • Leadership/ relationships:
    • Experience building and leading a world-class treasury team and infrastructure in a high growth, fast paced, global environment
    • Proven success leading through change and ambiguity; strong people development skills 
    • Excellent at partnering with other functions in a matrixed organization and with external constituents (corporate banking partners, trading partners etc.)
  • Treasury experience:
    • Experience managing foreign currency trading 
    • Treasury operations expertise in a high volume, high velocity environment (payments or FinTech ideal)
  • Skills and aptitudes:
    • Strong problem solving and analytical skills with a data-driven approach
    • Entrepreneurial mindset, with experience building and improving capabilities and processes
    • Aptitude to articulate business needs, determine appropriate levels of risk, and formulate clear recommendations to stakeholders including senior management and the audit committee
    • Executive presence including strong written and verbal communication skills 
    • Negotiation skills 
  • Advanced degree in finance related field preferred 

Who we are: 

Remitly is the largest independent digital remittance company headquartered in the United States, transferring over $8 billion in annualized volume from its customers in the United States, United Kingdom, Canada, and Australia to loved ones throughout the world. The company’s proprietary global transfer network includes its easy-to-use mobile app, which makes the process of sending money faster, easier, more transparent and less costly by eliminating the forms, codes, agents, extra time and fees typical of the traditional, century-old money transfer process. Remitly is backed by industry-leading investors including Generation Investment Management, Naspers’ PayU, Stripes Group, DFJ, QED Investors, Trilogy Equity Partners, Bezos Expeditions, Founders’ Co-Op, and TomorrowVentures. The company is headquartered in Seattle, with additional offices in London, the Philippines, and Nicaragua. For more information, visit remitly.com.  

Remitly is an Equal Opportunity Employer. Individuals seeking employment at Remitly are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, or sexual orientation.   

Remitly is an eVerify Employer.

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What are Remitly Perks + Benefits

Culture
Partners with nonprofits
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Employee-led culture committees
Quarterly engagement surveys
Flexible work schedule
Remitly offers a flexible schedule outside of core hours, designed for parents in mind.
Remote work program
Diversity
Dedicated diversity and inclusion staff
Highly diverse management team
Remitly's executive leadership is as diverse as our staff, and our Director of Diversity & Inclusion is focused on continuous improvement of our D&I initiatives.
Mandated unconscious bias training
Diversity employee resource groups
At Remitly, our nine affinity groups are open membership - any employee who self-identifies, self-affiliates, or is an aspiring ally who wants to connect, learn, and share is welcome to join!
Hiring practices that promote diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Pet insurance
Wellness programs
Mental health benefits
Remitly partners with Modern Health to provide enhanced employee benefits that support a holistic approach to employees' well-being. This includes sessions with licensed therapists for clinical needs.
Wellness days
Financial & Retirement
401(K)
401(K) matching
Employee stock purchase plan
Remitly offers the opportunity to purchase stock options through its Equity Incentive Plan.
Charitable contribution matching
Child Care & Parental Leave Benefits
Generous parental leave
Remitly offers up to 12 weeks of paid maternity and paternity leave for new parents.
Family medical leave
Company sponsored family events
Remitly sponsors family-oriented events semi-annually (e.g., holiday party and company picnic).
Vacation & Time Off Benefits
Unlimited vacation policy
Generous PTO
Paid holidays
Flexible time off
Office Perks
Commuter benefits
All King County-based employees receive the ORCA Card transportation benefit on day one. The ORCA Card can be used on all regular buses, Regional Rail, and a few other modes of transportation.
Company-sponsored outings
Remitly has regular paid team outings, as well as company-wide annual holiday parties and other events, for all employees and a guest.
Free snacks and drinks
Remitly has a fully stocked kitchen including unlimited snacks, coffee, tea and all the flavored Bevi water you can handle.
Some meals provided
Remitly provides a weekly catered lunch on Thursdays.
Company-sponsored happy hours
Virtual happy hours are hosted At team's discretion.
Onsite office parking
We offer employees a parking subsidy in the building's below-ground garage.
Relocation assistance
Mother's room
Professional Development Benefits
Job training & conferences
Lunch and learns
Remitly hosts lunch and learn meetings on occasion.
Promote from within
Mentorship program
Continuing education stipend
Continuing education available during work hours
Remitly allows employees to set aside 8 hours of designated learning and development time, per employee, per month.
Online course subscriptions available
Customized development tracks

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