Senior Counsel, New Product Initiatives

Job Description:At Remitly, we believe everyone deserves the freedom to access, move, and manage their money wherever life takes them. Since 2011, we've tirelessly delivered on our promise to customers sending money globally, providing secure, simple, and reliable ways to manage their money, ensuring true peace of mind. Whether it's supporting loved ones back home, growing a business across continents, or pursuing new opportunities abroad, we're not just here to move money— we're here to move our global customers forward.We're looking for builders, reimaginers, and global thinkers who want to work at the intersection of technology, trust, and transformation. If that's you and you're ready to do the most meaningful work of your career—we invite you to join over 2,800 passionate Remitlians worldwide who are united by our vision to transform lives with trusted financial services that transcend borders.About the Role:Remitly is looking for a Senior Counsel, New Products who has a background in consumer and cross-border payments, stored-value products, digital wallets, financial product development, and consumer protection. You will work with and report to our Director, Global Head of Product and Marketing Legal and work with our dynamic legal teams based in Seattle, London; Arlington, VA; Brazil; and the United Arab Emirates. You will also be part of a supportive, and close knit global business group, establishing a world-class legal function for a fast-growing financial services company. You will be located in either Seattle or Arlington, VA. It is a hybrid role, with a Tuesday, Wednesday, Thursday in office requirement.You Will:Support new global product launches by providing complex legal advice on legal topics and issues in the highly regulated financial services industry.Provide legal support for the development and launch of many global new products.Gain expertise on all legal and compliance facets of FinTech products, across multiple jurisdictions.Advise our product, engineering, compliance, and marketing teams on legal requirements and risks related to our products. Identify potential legal risks and recommend reasonable mitigations.Be comfortable advising teams on unclear areas of the law and interpreting and applying the law in new contexts.Translate legal advice into actionable guidance for product and business teams.Assist and work with outside counsel to obtain legal advice in multiple jurisdictions. If necessary, assist with interactions with regulators and internal audit inquiries.Work collaboratively and develop relationships with internal partners.Remain up-to-date on all relevant financial services regulations and guidance, industry standards, and consumer protection laws to provide legal advice.Have the chance to learn and succeed in fast-paced and innovative environment.You Have:J.D. or equivalent.Been admitted to, and in good standing with at least one State Bar.Knowledge of consumer FinTech products and experience advising cross-functional teams at all stages of the product development lifecycle.Experience with prepaid or stored value, payments and money movement, and lending laws is beneficial. Knowledge of the Bank Secrecy Act anti-money laundering regulations is also beneficial, but not required.General ability to work on commercial contracts.6 or more years of experience practicing either in-house at a FinTech or bank, or at a law firm with a focus on financial services and products.The desire to collaborate and work as part of a global team.Compensation Details. The starting base salary range for this position is typically $208,000 -$260,000. 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 offHealth, dental, and vision + 401k plan with company matchingPaid parental, medical, military and family care leaveMental Health & Family Forming BenefitsEmployee Stock Purchase Plan (ESPP)Continuing educationOur Connected Work Culture: Driving Innovation, TogetherAt 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.Under the Company's current hybrid-work expectations, employees in this position work onsite Tuesday through Thursday each week. Additional onsite attendance may be required based on business needs, and the Company may modify its hybrid-work expectations from time to time. 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 EmployerAt 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.SummaryLocation: Seattle, Washington United States; Arlington Virginia, United StatesType: Full time