Head of Sales Operations, Compensation at Remitly

London, England, United Kingdom

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Risk Management, Data & AnalyticsIndustries

Requirements

Candidates should possess a Bachelor’s degree or equivalent experience, along with relevant experience in sales compensation design, preferably within a SaaS company with a recurring revenue business model. Strong mathematical, comparative analysis, and general analytical skills are required, as well as proficiency in Excel with advanced spreadsheet management skills, and knowledge of compensation policies, programs, and compliance issues.

Responsibilities

As the Head of Sales Operations, Compensation, you will design innovative and efficient compensation plans that align with business goals and drive growth, analyze plan effectiveness and expenses, present findings to sales leaders, manage plan documents, develop compensation policies in collaboration with various departments, resolve compensation-related issues, conduct audits of financial records and commission data, create metrics and goals to manage incentive plans, communicate incentive policies and processes, and analyze the external market to determine pay competitiveness.

Skills

Compensation Planning

Sales Operations

Data Analysis

Financial Analysis

Compliance

Metrics Development

Communication

Remitly

International money transfer for immigrants

About Remitly

Remitly focuses on international money transfers, helping immigrants send money to their families quickly and securely at lower costs than traditional banks. The company charges transaction fees and earns from the exchange rate margin, offering various transfer options like bank deposits and cash pickups. Remitly enhances user experience through its website and mobile app, allowing real-time tracking of transfers, and engages with immigrant communities by providing helpful resources and educational support. Its goal is to meet the unique needs of immigrants while ensuring fast, affordable, and reliable money transfer services.

Seattle, WashingtonHeadquarters

2011Year Founded

$423.9MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

1,001-5,000Employees

Benefits

Continuing Education or Travel Stipend

Office Culture

Flexible PTO, Schedules and Leaves

DEI Learning Opportunities

Community Engagement

Inclusive Benefits

Risks

Swift's integration into banks' channels poses a competitive threat to Remitly.

AI agents' rise may challenge Remitly's operational model in efficiency and cost-effectiveness.

Schall Law Firm's investigation could impact investor confidence and Remitly's reputation.

Differentiation

Remitly focuses on immigrants, offering competitive rates and fast, secure transactions.

The company leverages technology for a seamless user experience via its app and website.

Remitly engages with immigrant communities through content and educational initiatives.

Upsides

Increased digital wallet adoption in key markets expands Remitly's reach to unbanked individuals.

AI agents in operations could reduce costs and improve Remitly's efficiency.

Visa collaboration enhances Remitly's cross-border fund flow services, boosting customer satisfaction.

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