Compliance Manager

This is a fully remote position, open to applicants in Canada.

📋 Description

• Overseeing pertinent developments in Canadian regulations, especially regarding payments regulation, consumer protection, money service businesses, and fintech laws in general;

• Assisting the Global Payments team with ongoing management of banks and payment partners, which includes clarifying our global Legal, Compliance, and Regulatory framework and conducting on-site visits when necessary;

• Aiding in the analysis and introduction of new products and services;

• Managing relationships and interactions with Canadian Regulators and Law Enforcement, if applicable;

• Reviewing the regulatory landscape for Flywire’s array of services to ascertain whether licensing or additional permissions are needed or if an exemption is applicable (and under what conditions);

• Establishing and maintaining necessary Canadian AML/CTF programs, policies, and procedures;

• Supporting the Global AML/CTF compliance operations team, which encompasses sanctions screening, transaction monitoring, fraud monitoring, and KYC;

• Overseeing the regulatory reporting (EFTR, STR) and response process by ensuring clear responsibilities for scheduled and ad-hoc filings, while maintaining a repository of previous filings and information utilized to address regulatory inquiries or consultations;

• Coordinating and crafting presentations, responses, and reports for management, regulators, clients, FI Partners, and governing bodies as required;

• Assisting in the creation of internal communications, presentations, and training materials;

• Conducting regulatory reviews and due diligence on potential business acquisition targets as necessary;

• Maintaining documentation on regulatory requests and the responses provided;

• Supporting additional Risk Governance projects and initiatives as required;

• Contributing to global artificial intelligence development concerning AML/CTF and sanctions regulations;

• Leading and managing the regulatory compliance aspects of our business in Canada while advising on AML regulations;

• Localizing and administering an AML/CFT compliance program and maintaining a risk assessment to meet applicable local requirements, including transaction monitoring functions;

• Engaging in various projects and miscellaneous issues both in Canada and globally, such as partner KYC audits, client onboarding, and product enhancements;

• Generating insights on regulatory and supervisory topics for effective business responses and advanced risk governance practices;

⛳️ Requirements

• 5-10 years of professional experience with a university degree, or a minimum of 8 years of relevant work experience;

• Over 8 years of relevant experience in one or more of the following areas: Anti-Money Laundering Corporate/Risk Governance, Risk Management, Compliance, Audit, Regulatory Management, Legal, or related fields;

• Proficient in leading meetings, delivering presentations, and interacting with all levels of hierarchy comfortably;

• Capable of managing multiple initiatives simultaneously;

• Familiarity with regulations and guidelines pertaining to payments networks, financial institutions, the digital payments industry, and emerging payment system regulation/supervision;

• Data-driven with experience in analytics;

• Proficient in preparing, reviewing, and delivering executive-level communications;

• Background in payments/banking or related sectors, or alternatively, a solid understanding of the payments business and associated risks;

• Outstanding written and verbal communication skills;

• Fluent in English (both verbal and written); proficiency in French (Canadian) is a plus;

🏝️ Benefits

• Competitive salary;

• Employee Stock Purchase Plan (ESPP);

• Flying Start - Our immersive Global Induction Program (Meet our Execs & Global Teams);

• Collaborate with exceptional individuals who will challenge you, and learn more about their journeys by exploring #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;

• Generous time off policies, including FlyBetter Days for community volunteering and Digital Disconnect Days!

• Excellent Talent & Development Programs (Managers Taking Flight – for new or aspiring managers!);