Manager, MTL Reporting

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Passion, excitement & global collaboration are all core to what it means to be a FlyMate. At Flywire, we’re on a mission to deliver the world’s most important and complex payments. We use our Flywire Advantage - the combination of our next-gen payments platform, proprietary payment network and vertical specific software, to help our clients get paid, and help their customers pay with ease - no matter where they are in the world.

What more do we need to truly be unstoppable? Perhaps, that is you! 

Who we are: 

Flywire is a global payments enablement and software company, delivering high-stakes, high-value payments across the global education, healthcare, travel and B2B industries.

Today, we’ve digitized payments for more than 4,000+ global clients in more than 140 currencies across 240 countries and territories around the world.  And, we’re just getting started!

With over 1,200+ global FlyMates, representing more than 40 nationalities, and in 12 offices world-wide, we’re looking for FlyMates to join the next stage of our journey as we continue to grow.

We, at Flywire, are seeking a Manager within our Finance team to lead our MTL reporting process. This individual will play a critical role in managing MTL reporting for the company, ensuring compliance with the financial requirements of money transmitter licenses, to include: 

• Financial Reporting and Analysis - 

  • Prepare and present accurate financial statements, reports, and analysis in support of MTL reporting requirements. 

  • Ensure timely and accurate reporting to state regulators.

  • Conduct financial analysis to support the regulated business and help guide its decision-making, including profitability analysis, cost control, and performance metrics.  

• Regulatory Compliance -- 

  • Ensure compliance with the financial requirements of state and federal money transmitter licenses, including net worth, bonding, and liquidity requirements.

  • Coordinate with compliance and legal teams to maintain up-to-date knowledge of regulatory changes and ensure ongoing compliance with money transmission regulations.

  • Prepare and submit required financial reports to regulatory bodies, including the Nationwide Multistate Licensing System (NMLS) and individual state regulators.

  • Work cross-functionally to ensure the financial health of the licensee and compliance with money transmitter license requirements.

• Budgeting, Forecasting and Cash Management --

  • Develop financial forecasts and budgets in support of MTL reporting requirements. 

  • Provide inputs into the overall company budgeting and forecasting process for MTL activities. 

  • Collaborate with the treasury team on liquidity requirements and allowable investments for MTL entities, including forecasting cash needs and optimizing cash management strategies.

  • Ensure funds are appropriately allocated to meet operational needs and money transmission regulatory requirements.

• Audit and Risk Management --

  • Coordinate with state regulators on  internal and external audits, ensuring all financial and regulatory audits are completed on time and without issue

  • Implement and maintain effective internal controls to  ensure the integrity of MTL reporting.

  • Identify and mitigate financial risks, including those related to money transmission, fraud, and compliance.

Here’s What We’re Looking For:

• Prior experience working in the financial services industry, at a payment company or at another state licensee, such as a lender. 
• Thorough understanding of regulatory requirements related to money transmission, including state-by-state reporting requirements.
• Prior management-level experience preferred. 
• Strong communication skills (written and oral); with proven ability to communicate effectively with state regulators.
• Excellent analytical and problem-solving skills with a keen attention to detail.
• Results orientated, with the ability to handle multiple projects simultaneously.
• Solid understanding of financial systems and MTL reporting, including report development and enhancement.
• Bachelor’s degree or directly relevant experience. 

What We Offer:

• Competitive compensation, including Restricted Stock Units 
• Employee Stock Purchase Plan (ESPP)
• Flying Start - Our immersive Global Induction Program (Meet our Execs & Global Teams)
• Work with brilliant people that will keep you on your toes, learn more about their journeys by checking out #InsideFlywire on social media
• Dynamic & Global Team (we have been collaborating virtually for years!)
• Wellbeing Programs (Mental Health, Wellness, Yoga/Pilates/HIIT Classes) with Global FlyMates 
• Be a meaningful part in our success - every FlyMate makes an impact
• Competitive time off including FlyBetter Days to volunteer in a cause you believe in and Digital Disconnect Days!
• Great Talent & Development Programs (Managers Taking Flight – for new or aspiring managers!)

Submit today and get started!

We are excited to get to know you! Throughout our process you can expect to meet with different FlyMates including the Hiring Manager, Peers on the team, the VP of the department, and a skills assessment. Your Talent Acquisition Partner will walk you through the steps and be your “go-to” person for any questions.

Flywire is an equal opportunity employer. With over 40 nationalities across 14 different offices diversity, gender equality, and inclusion are at the core of our people agenda. We believe our FlyMates are our greatest asset, and we’re excited to watch our unique culture evolve with each new hire.

The US base salary range for this full-time position is $91,000-$113,000 plus, restricted stock units and benefits. Our salary ranges are determined by role, position level, and location. The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and several other factors, including job-related skills, experience, relevant education and training. Your Talent Acquisition Partner can share more about the specific salary range for your preferred location during the hiring process.