• Develop, implement, and execute AML/CTF policies and rulebooks/handbooks, to ensure that the company conducts its business in a regulatory-compliant environment

• Ensure effective implementation of new or changing Compliance/AML/CTF requirements initiated by the regulatory (e.g., FINTRAC, Bank of Canada, etc.), or as required by legislation or regulators by liaising and coordinating efforts with internal departments

• Maintain and monitor the effectiveness of the company's Compliance/AML programs and standards by developing and implementing compliance testing programs, reviewing internal controls to determine areas of improvement, identifying gaps, and ensuring that these are properly addressed

• Manage the operation of AML Regulatory Compliance Management Framework (RCM) and maintain the regulatory/guidance inventory up to date. Identifying/maintaining up-to-date reference and source materials for AML legislation and ensuring access to relevant lines of business

• Manage day-to-day AML/CTF-related operations, including customer screening and onboarding

• Advising business on compliance requirements by extending guidance and support to sales and operations to help them meet regulatory requirements and following internal policies and procedures

• Develop and maintain AML/ATF training material and resources. Working with the HR department to develop effective compliance training programs, including appropriate compliance training material for new employees and ongoing training for all employees, managers, and the board of directors

• Provide constructive input regarding new products and initiatives from a regulatory perspective, including changes to the AML legislation, regulations, and guidelines, and make amendments to policies, processes, and programs as required

• Ensure reporting obligations (including audit requirements) to regulators (e.g., FINTRAC) are accurately completed and in a timely manner as well as assist regulators in making available key information to them as required

• Provide periodic updates to the Senior Management regarding the operation of AML/CTF programs, regulatory compliance reports (e.g., areas for improvement) on a quarterly basis

• Plan and execute the company's compliance roadmap with Senior Management

• 5+ years of regulatory/compliance experience in a heavily regulated financial services industry/regulator/government department, involving internal/external audit and risk management

• Prior experience as a Head of Compliance/Compliance Officer, MLRO, or a similar role

• Recognized professional ACAMS certifications

• Deep knowledge and understanding of Compliance/AML/CTF methodologies and programs as well as regulatory risk management

• Deep knowledge of federal and provincial legislation in relation to cross-border payments and remittances, credit/prepaid cards, consumer lending, consumer protection, etc.

• Experience dealing with regulators such as FINTRAC, Bank of Canada, etc.

• Strong attention to detail and documentation skills

• Advanced analytical, research, and investigative skills (e.g., researching laws/regulations

• Effective leadership qualities and motivated self-starter

• Knowledge, understanding, and experience of payment networks such as SWIFT, correspondent banking, AMEX, MasterCard, Visa, Interac (Canada), etc.

• Knowledge of the Retail Payments Activity Act/Regulations

• Knowledge in payments innovation, including future technologies such as real-time payments rails, blockchain technology, open banking, etc.

• Fast-track career development in a Fintech startup

• Competitive salary, we are willing to pay above the market rate for the right people*

• Stock options upon joining

• Fully remote, freedom to work anywhere you want