Cdd Jobs in Norfolk, ON

We are Paramount Commerce, a leading fintech company focused on simplifying payments in Canada. Since the early 2000s, we have redefined online purchasing by introducing a way to pay directly from a bank account, bypassing credit cards or e-wallets. Our commitment is to provide the highest standards of security and risk management that support seamless payments and rich data.

As we strengthen our position in Canada, we are strategically positioning ourselves for global expansion. To achieve our goals, we are seeking talented professionals who can push the boundaries of innovation, contributing to our growth across Canada and worldwide. Join us at Paramount Commerce, where we not only follow fintech trends but shape them.

We are seeking a Senior Manager, Regulatory Onboarding to join our Customer Onboarding team. This role is part of the First Line of Defence, reports to the VP, Customer Onboarding and is critical in ensuring the company adheres to internal regulatory compliance frameworks, relevant regulatory requirements, e.g., PCMLTFA, RPAA, mitigates financial crime risks, and fosters a culture of compliance. The Senior Manager, Regulatory Onboarding is responsible for leading a team to conduct risk-based due diligence assessments, developing and refining onboarding procedures, and working closely with internal stakeholders to mitigate financial crime risks such as money laundering, terrorist financing, and (Economic) sanctions exposure. The role will drive process efficiencies and contribute to the operationalization of the Three Lines of Defence Model by ensuring the First Line of Defence effectively implements controls as defined by the Second Line of Defence. This position requires a proactive, business-oriented professional with strong regulatory knowledge and the ability to work cross-functionally.

What are we looking for?

Leadership and Strategic Oversight

• Oversee the end-to-end regulatory onboarding process for corporate clients, ensuring adherence to enterprise, and regulatory compliance obligations related to AML / ATF, (Economic) sanctions and RPAA;
• Draft and refine procedures and process documentation to ensure the seamless application and execution of internal controls;
• Partner with First Line of Defence senior management and sales to ensure a consistent and risk-based approach to Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD);
• Provide mentorship and oversight to sales, fostering a culture of compliance excellence and continuous improvement;
• Act as a liaison between the First Line of Defence and the Second Line of Defence to ensure clarity and alignment of risk management expectations;
• Provide training and guidance to First Line of Defence staff on financial crime compliance and risk management practices in conjunction with Second Line of Defence;
• Provide leadership, guidance and coaching to direct reports.

Regulatory Onboarding Responsibilities

Stakeholder Engagement and Advisory

Process Development / Improvement & Operational Efficiency

What we are looking for :

At Paramount Commerce, we are proud to be an equal opportunity employer. We practice ethical and fair hiring processes and strongly encourage applications from diverse backgrounds. Accommodations are available on request for candidates taking part in all aspects of the selection process.

We are committed to creating a place for our employees to be their authentic selves. We believe diversity of thought, background, and experience are essential to achieve our mission to simplify payments.