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About the role
We, at Flywire, are seeking a Regulatory Reporting Manager - Money Transmitter Licensing - that will oversee money transmitter filings for our USA licensed entity. This role is key to supporting a rapidly growing business and meeting the regulatory and call reporting requirements for each of the states that we operate in.
What they're looking for
- Manage quarterly MSB Call Reports for FinCEN and state regulators, ensuring accurate reporting of transaction volumes by service type, geographic distribution, and compliance metrics
- Oversee calculation and certification of average daily transmission liabilities (ADTL) for surety bond adequacy and compliance with state minimums (typically up to $500,000)
- Maintain permissible investments schedules (cash, short-term securities, Treasury instruments) equal to all outstanding money transmission obligations, tracking market values per GAAP standards
- Coordinate with Finance and Treasury to ensure net worth requirements are met and documented (MTMA requires 3% of first $100M in assets + tiered rates above)
- Prepare and file audited financial statements, compliance certifications, and state-specific license renewal filings annually or as required
- Monitor regulatory changes across 50+ states, including MTMA adoption timelines, and assess impact on current licensing posture and reporting obligations
More about this role
We, at Flywire, are seeking a Regulatory Reporting Manager - Money Transmitter Licensing - that will oversee money transmitter filings for our USA licensed entity. This role is key to supporting a rapidly growing business and meeting the regulatory and call reporting requirements for each of the states that we operate in.
Regulatory Reporting & Compliance
- Manage quarterly MSB Call Reports for FinCEN and state regulators, ensuring accurate reporting of transaction volumes by service type, geographic distribution, and compliance metrics.
- Oversee calculation and certification of average daily transmission liabilities (ADTL) for surety bond adequacy and compliance with state minimums (typically up to $500,000).
- Maintain permissible investments schedules (cash, short-term securities, Treasury instruments) equal to all outstanding money transmission obligations, tracking market values per GAAP standards.
- Coordinate with Finance and Treasury to ensure net worth requirements are met and documented (MTMA requires 3% of first $100M in assets + tiered rates above).
- Prepare and file audited financial statements, compliance certifications, and state-specific license renewal filings...
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