Country Director Canada

  • WorldRemit
  • Toronto, ON, Canada
  • Feb 21, 2019
Full time Management

Job Description

Want to help us change the way the world moves money?

We build high tech services that allow people to send and receive money easily. Our customers are mostly migrants, sending money home to their families and friends in Africa, Asia and Latin America.

Today only 5% of the remittance market is online – with a large proportion of the industry operating through informal untracked networks. Yet online is predicted to grow to 60% in the next 5-6 years and WorldRemit is driving that shift.

By reducing costs and freeing up time we enable people to make the most of the opportunities that their new life abroad provides and help to release the billions of dollars lost in transferring money to the developing world. This money goes directly to those who need it.

 

Why do we care about money transfers so much?

Most of our customers are first or second generation migrants. They may be living and working far from their home but still manage to send money back to support their loved ones.

Large international wire transfer companies and banks have been taking advantage of people like this by charging preposterous fees and unfair rates.

With the World Bank estimating $575 billion annually flowing into developing countries - transforming the remittance industry could have a greater impact on international development than every single government aid program combined.

WorldRemit is using innovative technology and growing a global network to make transferring money easier, fairer and more affordable.

 

How are we doing so far?

  • A family of 700+ employees across offices in London, Denver, Sydney and more
  • A Fintech Top 20 company
  • Sending almost 10,000,000 remittances annually (and growing)
  • Raised $230 million in funding
  • Funded by VCs behind companies such as Airbnb, Spotify, Netflix and Facebook.
  • Covering 140+ countries across the globe

 

Role Overview

As the Country Director for Canada, you will contribute to the establishment of the strategy and own the operating plan for WR in Canada.  A proven leader, the Country Director will ensure that Canada’s growth plans are fully aligned to the broader corporate strategy, take complete control of the P&L and drive ambitious, sustainable growth. 

You will have the analytical prowess and mental agility to build a deep understanding of market dynamics and an impressive track record of establishing new partnerships with businesses such as mobile operators and financial institutions.  You will have a strong insight into consumer products and marketing and use your local knowledge to develop well-thought through branding campaigns.

Finally, the Country Director will work closely with the North America Compliance Director to ensure that WR’s current and future business maintains the highest standard of compliance and can represent WR to the Canadian Regulatory bodies when required.

 

Skills: 

  • FinTech Business Builder: possess a genuine P&L mentality and consumer focus, with the understanding of how to drive aggressive growth in a regulated environment, whilst maintaining a focus on cost control
  • Deep commercial acumen and relationship management skills: a sophisticated business development mentality and a strong track record of negotiating and closing long term deals
  • Strategic, analytical and product mindset: with impressive intellectual horsepower and demonstrable experience in scoping out the parameters and dynamics of the correspondent and consumer market
  • Communication, collaboration and people management: a strong communicator, both persuasive and charismatic, and adept at building successful relationships externally and internally particularly across Product, Marketing and Compliance. They will lead from the front and set a high bar for hiring
  • Cultural fit: WorldRemit is deeply proud of its goal to disrupt an incumbent industry, create commercial success and fulfil a broader social mission. The Country Director for Canada will fully embody this spirit