Compliance Manager

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

📋 Description

• Monitoring pertinent Canadian regulatory changes, especially those concerning payments regulation, consumer protection, money service businesses, and fintech legislation in general;

• Assisting the Global Payments team with the management of bank and payment partners, which includes clarifying our global Legal, Compliance, and Regulatory framework and conducting onsite visits when necessary;

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

• Managing relationships and interactions with Canadian Regulators and Law Enforcement, as required;

• Evaluating the regulatory landscape for Flywire’s services, assessing whether licensure or additional permissions are required or if an exemption applies (and under which conditions);

• Developing and sustaining necessary Canadian AML/CTF programs, policies, and procedures;

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

• Overseeing the regulatory reporting (EFTR, STR) and response processes, ensuring clear assignment of responsibilities for regularly scheduled and ad hoc filings, and maintaining a repository of previous filings and information for responding to regulatory inquiries or consultations;

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

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

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

• Keeping documentation on regulatory requests supported and responses provided;

• Supporting additional Risk Governance projects and initiatives as required;

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

• Leading and managing the regulatory compliance aspects of our operations in Canada and providing advice on AML regulations;

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

• Engaging in various projects and diverse 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 enhancing risk governance practices.

⛳️ Requirements

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

• 8+ years of pertinent 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 at the same time;

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

• Data-driven with experience in analytics;

• Experienced in preparing, reviewing, and delivering communications for executive levels;

• 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) would be an advantage.

🏝️ Benefits

• Competitive compensation;

• Employee Stock Purchase Plan (ESPP);

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

• Wellbeing Programs (Mental Health, Wellness, Yoga/Pilates/HIIT Classes) with Global FlyMates;

• Generous time off, including FlyBetter Days to volunteer in your community and Digital Disconnect Days!

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