Job Description
This is a remote position.
Reporting to our General Counsel, the Senior Compliance Analyst supports the Compliance and Operations teams by providing efficient and professional compliance expertise to support the onboarding of clients, ongoing transaction and fraud monitoring, and compliance with regulatory requirements in Canada and the US. They are primarily involved in ensuring compliance with regulatory and partner bank requirements, and ongoing risk management of clients and programs.
Responsibilities and Accountabilities
- Provide subject matter expertise to the business in identifying, assessing, prioritizing, managing and reporting risk and compliance
- Stay current on evolving regulatory requirements, and be able to interpret and advise internal teams of recommended changes to processes or systems
- Drafting and implementation of policies, procedures, and guidelines to ensure compliance with regulatory requirements
- Conduct internal testing and reviews to ensure adherence to regulatory requirements and internal policies
- Identify potential compliance risks and develop strategies to mitigate these risks
- Work with internal teams to support optimal processes for client submissions and approval, to ensure efficient and effective processes for client onboarding
- Complete partner Due Diligence requests and reporting
- Complete objective, independent KYB reviews and risk assessments of new and existing clients, including approval recommendations, and preparation of compliance submissions to bank partners
- Monitor ongoing compliance across clients, customers, and partners
- Review and investigate alerts generated by internal and external monitoring programs
- Conduct investigations into unusual transactions, supporting and collaborating with bank partners in preparing and submitting Unusual Transactions Reports (UARs)
- Be involved in the selection of new vendors, as well as the automation of compliance processes and the selection of new vendor implementation projects
Requirements
Desired Skills and Experience
Minimum of five (5) years experience in AML, Fraud or Compliance in the financial or payments sectorKnowledge of PCMLTFA and FINTRAC guidance related to the payments industryExpertise in AML / CTF requirements, including KYC and EDDExpertise in Sanction Screening requirements and regimesKnowledge of privacy laws (PIPEDA, FDPR, CCPA, Quebec Law 25)Knowledge of Consumer Protection guidelines related to the Prepaid cards industryCAMS or CRCM designation considered an assetMust be reliable and able to work accurately with minimal supervisionExcellent organizational and English business communication skillsAbility to organize work assignments independently and meet critical deadlinesHighly organized, detail-oriented, and superior attention to detailUniversity or college level educationBenefits
Full time positionAble to work remotely, or in our Oakville HQMedical, Dental CoverageInsurance BenefitsPaid vacationsGreat CultureCompany eventsRequirements
Minimum of five (5) years experience in AML, Fraud or Compliance in the financial or payments sectorKnowledge of PCMLTFA and FINTRAC guidance related to the payments industryExpertise in AML / CTF requirements, including KYC and EDDExpertise in Sanction Screening requirements and regimesKnowledge of privacy laws (PIPEDA, FDPR, CCPA, Quebec Law 25)Knowledge of Consumer Protection guidelines related to the Prepaid cards industryMust be reliable and able to work accurately with minimal supervisionExcellent organizational and English business communication skillsAbility to organize work assignments independently and meet critical deadlinesHighly organized, detail-oriented, and superior attention to detail