Senior Manager – Regulatory Compliance, Deputy MLRO

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

📋 Description

• Assist in the development and execution of Financial Crime and AML methodologies to manage regulatory risks and ensure compliance with FINTRAC regulations under the PCMLTFA.

• Keep track of modifications to FINTRAC regulations and AML/CTF laws, adapting policies and procedures accordingly.

• Act as a primary liaison with FINTRAC and other regulatory authorities regarding AML/CTF issues.

• Detect control deficiencies and spearhead enhancements in AML, OFAC, and Regulatory Compliance.

• Aid in country-specific risk assessments and remediation strategies.

• Provide support for compliance oversight and testing activities, ensuring internal reporting on AML/CTF controls, fraud, and compliance issues.

• Serve as a compliance subject matter expert for the business and management in Canada.

• Evaluate and authorize high-risk institutional client business in Canada.

• Assist with external audits and coordinate responses to requests from banking partners.

• Direct AML/CTF risk assessments across product, service, customer, and geographic dimensions.

• Ensure prompt and precise filing of FINTRAC reports, including STRs and EFT Reports.

• Enhance compliance operational processes and systems through automation and technology.

• Support the Compliance Training Framework.

• Engage in compliance and business-driven projects, regulatory developments, and strategic initiatives.

• Contribute to the RPAA compliance program, encompassing reporting, safeguarding controls, and regulatory change management.

• Assist in the PSP compliance program, including infrastructure, reporting, and evolving obligations.

• Operationalize compliance requirements, policies, controls, and reporting frameworks related to Stablecoin.

• Supervise substantial regulatory and independent program audits through preparation, response coordination, remediation, and closure validation.

⛳️ Requirements

• At least 10 years of experience in senior compliance roles within regulated companies in Canada.

• Comprehensive knowledge of KYB/KYC, AML/CFT, Sanctions, PSP, and RPAA compliance topics.

• Experience in a Canadian compliance role with familiarity with PCMLTFA, FINTRAC, RPAA, and AML/CTF requirements.

• Profound understanding of the Canadian Payments/Fintech regulatory landscape.

• Experience with correspondent banking, banking as a service, or Financial Institution clients from the Americas.

• Strong analytical and problem-solving abilities.

• Capacity to identify risks, control gaps, and inefficiencies while defining scalable, sustainable processes and methodologies.

• Ability to lead comprehensive process and control enhancements across functions and regions.

• Quick prioritization skills and ability to meet deadlines under pressure.

• Excellent stakeholder management and communication abilities.

• Capability to collaborate effectively with cross-functional teams.

• Proficiency in spoken and written English.

• Proven experience in developing and managing an RPAA compliance program.

• Proven experience in developing and managing a PSP compliance program.

• Significant experience in engaging with regulators and managing regulatory examinations and independent program audits.

• Experience in operationalizing Stablecoin compliance, including controls, regulatory reporting structures, and alignment with applicable requirements.

• ACAMS or CRCM certification preferred, or relevant professional compliance certification.

• Fluency in spoken and written French is highly desirable.

• Experience in building and leading compliance teams or mentoring junior compliance professionals is highly desirable.

🏝️ Benefits

• Competitive salaries.

• Performance bonuses.

• Sales commissions.

• Equity for specific roles.

• Recognition programs.

• Medical coverage.

• 24/7 employee assistance program.

• Generous vacation programs, including year-end shutdown.

• Flexible hybrid working environment.

• Role-specific training.

• Internal workshops.

• Learning stipend.

• Company-wide social events.

• Team bonding activities.

• Happy hours.

• Team offsites.

• Equal opportunity and a safe, welcoming work environment.