Compliance Manager

Role Overview

• Monitoring relevant Canadian regulatory developments, particularly as they relate to payments regulation, consumer protection, money service business and fintech laws generally
• Supporting the Global Payments team on ongoing bank and payment partner management, including explaining our global Legal, Compliance and Regulatory framework and conducting onsite visits if needed
• Assisting with analysis and introduction of new products and services
• Managing Canadian Regulator and Law Enforcement relationships and interactions, if any
• Reviewing the regulatory environment for Flywire’s suite of services, determining if licensure or additional permissions are required or an exemption applies (and under what circumstances)
• Building and maintaining needed Canadian AML/CTF programs, policies and procedures
• Assisting the Global AML/CTF compliance operations team, including sanctions screening, transaction monitoring, fraud monitoring and KYC
• Managing the regulatory reporting (EFTR, STR) and response process, by ensuring clear allocation of responsibilities for regularly scheduled and ad hoc filings, and maintaining a repository of prior filings and information used to respond to regulatory inquiries or consultations
• Coordinate and develop presentations, responses and reporting to management, regulators, clients, FI Partners and governing bodies, as required
• Assist with development of internal communications, presentations, and training materials
• Conducting regulatory reviews and due diligence on potential business acquisition targets, as required
• Maintain documentation on regulatory requests supported and responses provided
• Support additional Risk Governance projects and initiatives as needed
• Support global artificial intelligence development as it relates to AML/CTF and sanctions regulations
• Drive and own the regulatory compliance aspects of our business in Canada and advise on AML regulations
• Localize and administer an AML/CFT compliance program and maintain a risk assessment to comply with applicable local requirements -
• including transaction monitoring functions
• Work on various projects and miscellaneous issues both in Canada and globally such as partner KYC audits, client onboarding, and product enhancements
• Create insights on regulatory and supervisory topics for effective business response and mature risk governance practices

Requirements

• 5-10 years of work experience with a university degree, or at least 8 years of relevant work experience
• 8+ years of relevant experience in certain of the following functions: Anti-Money Laundering, Corporate/Risk Governance, Risk Management, Compliance, Audit, Regulatory Management, Legal or related areas
• Capable of comfortably leading meetings, delivering presentations and interact with all hierarchy levels
• Able to pursue multiple initiatives simultaneously
• Experience with regulations and guidelines related to payments networks, financial institutions, digital payments industry, including emerging payment system regulation/supervision
• Data driven and experience with analytics
• Experience preparing/reviewing/delivering executive level communications
• Experience in payments/banking or related segments, or alternately, good understanding of payments business and associated risks
• Excellent written and verbal communications skills
• Fluent in English (verbal and written). French (Canadian) would be a plus

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)
• Competitive time off including FlyBetter Days to volunteer in your community and Digital Disconnect Days!
• Great Talent & Development Programs (Managers Taking Flight – for new or aspiring managers!)