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

FX Trading & Funding Analyst

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Employer Provided Salary: 76,000-95,000 Annually
Salary data is provided by the employer. Please note this is not a guarantee of compensation.

Job Description:

Remitly’s vision is to transform lives with trusted financial services that transcend borders. Since 2011, we have been tirelessly delivering on our promises to people who send money around the world. Today, we are reimagining global financial services and building products that extend beyond traditional barriers to give customers access to more of the services they need, no matter where they call home. Join over 2,700 employees worldwide who are growing their careers with purpose and connection with our customers while having a positive impact on millions of people around the globe.

About the Role:

The treasury team is uniquely positioned in the center of processing Remitly's global transaction flows, with responsibility over FX inventory purchases and delivery of funds to destination partners for our customers. You will possess the skills and experience needed to assist our ongoing efforts to build out and manage a scalable and efficient global treasury FX trading and funding function. Remitly is a unique and dynamic work environment with extraordinary business growth which is perfect for someone looking for an exciting challenge and career opportunity.

You Will:

  • Own daily forecasting process to determine FX receipts and FX funding needed (by country/partner) in disbursement network for $10+ billion annualized transaction volumes in over 100 different currencies
  • Develop and execute FX trade recommendations and related trade execution to optimize local liquidity, FX costs, and FX exposures
  • Ownership of FX inventory cost basis (a key component of revenue) and FX gain/loss
  • Analysis/reporting of FX trading and funding activities vs. targets
  • Monitoring, and improving a best-in-class set of operational policies to ensure a robust, internal control environment protecting assets and mitigating the risk of errors
  • Identify, recommend, and assist in implementing new technologies and enhancements, products, and services to improve FX trading and funding with the support of a dedicated treasury engineering team

You Have:

  • 1-2 years of solid global treasury foreign exchange management experience in a multinational corporate setting
  • 1-2 years of FX All or similar trading system experience a plus
  • Previous experience trading emerging markets currencies and/or remittance industry experience a plus
  • You acquire and synthesize complex datasets to support recommendations and conclusions to treasury leadership
  • Strong understanding of accounting processes and concepts
  • Bachelor's degree in Accounting, Finance, Economics, Business, or a related field
  • Profession certification (CFA or CTP) a plus

Compensation Details. The starting base salary range for this position is typically $72,000-$90,000. 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.

Our Benefits:

  • Flexible paid time off
  • Health, dental, and vision benefits + 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 corridor travel benefits

We are committed to nondiscrimination across our global organization and in all of our business operations. Employment is determined based upon personal capabilities and qualifications without discrimination on the basis of race, creed, color, religion, sex, gender identification and expression, marital status, military status or status as an honorably discharge/veteran, pregnancy (including a woman’s potential to get pregnant, pregnancy-related conditions, and childbearing), sexual orientation, age (40 and over), national origin, ancestry, citizenship or immigration status, physical, mental, or sensory disability (including the use of a trained dog guide or service animal), HIV/AIDS or hepatitis C status, genetic information, status as an actual or perceived victim of domestic violence, sexual assault, or stalking, or any other protected class as established by law.

Remitly is an E-Verify Employer

Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

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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
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
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
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
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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