Compliance Officer, CAMLO

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

📋 Description

• Take charge of and manage the Canada AML compliance program, ensuring alignment with LemFi's global AML policy, FINTRAC requirements, and provincial regulations.

• Build the RPAA program from scratch and advocate for its implementation throughout the business.

• Directly handle the relationship with FINTRAC.

• Oversee the renewal of MSB registrations.

• Lead both regulatory and independent AML audits within Canada.

• Prepare and manage regulatory filings, including STRs, UARs, EFTOs, EFTIs, and various ad hoc reports.

• Sustain relationships with Canadian banking and payment partners.

• Meet partner obligations, which include periodic reporting and cooperative filings.

• Create and maintain a regional AML risk assessment.

• Identify key risk indicators.

• Update the Board, CCO North America, and senior leadership on the status of the program.

• Provide guidance to compliance staff regarding Canada-specific responsibilities.

• Collaborate across functions where the global compliance team requires additional expertise.

• Report to the Canada entity Board of Directors and the Global Head of Compliance.

• Act as a representative of LemFi in interactions with regulators and law enforcement.

⛳️ Requirements

• A minimum of 3 years in a senior or management compliance position within a Canada-based fintech or financial institution.

• Direct, hands-on experience with FINTRAC, including regulatory communications, MSB registration, and licensing or registration renewals.

• Extensive working knowledge of Canadian federal AML obligations under PCMLTFA, particularly concerning STR, UAR, and EFTO/EFTI reporting.

• Familiarity with the RPAA and a clear understanding of its practical compliance requirements.

• Experience in leading or managing regulatory or independent AML audits, including documentation preparation and responding to examiner findings.

• Proven track record in managing relationships with banking or payments partners, including meeting partner-driven compliance obligations.

• Excellent written and verbal communication skills.

• CAMS certification or an equivalent recognized AML qualification.

• Experience working within a multi-entity, multi-corridor compliance framework.

• Exposure to cross-border payments or remittance-specific risk typologies.

🏝️ Benefits

• Opportunities to tackle real challenges.

• Make a global impact.

• Join a supportive, high-performing team.

• Chance to develop and manage the Canada AML compliance program.

• Opportunity to establish the RPAA program from its inception.

• Engage in global team collaboration.

• Access to a talent community for future opportunities.