Chief Compliance Officer (CCO)

Secure Digital Payments; Toronto; Hybrid; CAD 100,000 - 150,000; Full time

Job summary

A fast-growing payments company in Toronto is looking for a Chief Compliance Officer. You will oversee regulatory compliance, risk management, and AML/ATF for both the company and affiliates. The ideal candidate has over 8 years of experience in compliance within the payments or financial industry, along with strong leadership and communication skills. This role offers a competitive salary, hybrid work environment, and benefits including RRSP match.

Benefits

Dental care

Extended health care

Life insurance

On-site parking

Paid time off

RRSP match

Qualifications

• 8+ years in compliance, risk, or regulatory roles within payments/fintech/banking/MSB.
• Expert knowledge of Canadian AML/ATF and Interac rules.
• Proven leadership building and scaling compliance programs.

Responsibilities

• Serve as AML/ATF Compliance Officer overseeing compliance programs.
• Build and maintain policies, procedures, and reporting.
• Lead transaction monitoring and investigations.

Skills

Regulatory compliance

Risk management

AML/ATF

KYC/KYB

Communication skills

Leadership

Education

Bachelor’s degree in Law, Finance, Business, or related field

Tools

Compliance technology

PCI DSS

PIPEDA

Job description

Secure Digital Payments Inc. is a fast-growing payments company specializing in Interac e-Transfer, credit card acquiring, and prepaid card solutions. Across our affiliated entities, our mission is to deliver secure, reliable, and innovative payment options while upholding the highest regulatory and compliance standards.

Role Overview

The Chief Compliance Officer is the senior executive accountable for regulatory compliance, enterprise risk, and AML/ATF across Secure Digital Payments Inc. and affiliates. You’ll own the compliance program end-to-end—governance, policies, controls, testing, and reporting—ensuring alignment with Canadian and international regulatory requirements, payment network rules, and banking-partner obligations. You’ll partner closely with executive leadership, Operations, Risk, Product, and Engineering to enable scalable growth without compromising security or compliance.

Key Responsibilities

• Accountable Officer: Serve as AML/ATF Compliance Officer under PCMLTFA; oversee the compliance program for SDP and associated entities.
• Program Design & Governance: Build and maintain policies, procedures, training, and Board/committee reporting; ensure program independence and adequate resourcing.
• Regulatory Interface: Primary liaison with FINTRAC, Interac, card networks (Visa/Mastercard), sponsoring banks, program managers, and auditors.
• Monitoring & Investigations: Lead transaction monitoring, case management, SAR/STR filings, EDD, and remediation; oversee model tuning and effectiveness reviews.
• Risk & Controls: Own enterprise compliance risk assessments (AML/ATF, sanctions, fraud, consumer protection, privacy), control testing, internal audits, and corrective action plans.
• Onboarding & Due Diligence: Drive KYC/KYB, sanctions/PEP screening, periodic reviews, and third-party/vendor risk management.
• Standards & Frameworks: Ensure adherence to PCI DSS, PIPEDA, OSFI-relevant expectations (via sponsor bank), SOC 2, and internal security policies.
• Rules & Licensing: Maintain MSB registration and filings; track emerging regs and network rule changes; brief the exec team and Board on regulatory developments.
• Metrics & Reporting: Define and report KPIs/KRIs (alerts, filings, backlogs, QA pass rates, audit issues, remediation status, training completion).

Qualifications

Required

• 8+ years in compliance, risk, or regulatory roles within payments/fintech/banking/MSB.
• Expert knowledge of Canadian AML/ATF (FINTRAC, PCMLTFA), Interac rules, and Visa/Mastercard compliance frameworks.
• Proven leadership building and scaling compliance programs in a payments or financial institution context.
• Hands-on with KYC/KYB, sanctions/PEP screening, transaction monitoring, investigations, and regulatory exams/audits.
• Exceptional communication with regulators, banks, auditors, and internal stakeholders; strong executive presence.
• Bachelor’s degree in Law, Finance, Business, or related field (JD/MBA a plus).

Preferred

• Experience with prepaid/stored value, digital wallets, and program management.
• Familiarity with PCI DSS, PIPEDA, SOC 2, OSFI expectations (via sponsor banks), and US/intl frameworks (e.g., OFAC, FATF).
• Professional certifications: CAMS, CRCM, CFE, CIPP/CIPM (or equivalent).
• Track record implementing compliance technology (case management, screening, monitoring, QA) and leading remediation.

What We Offer

• Competitive executive compensation with performance-based incentives.
• Opportunity to shape the compliance strategy for a growing payments business.
• Direct collaboration with experienced entrepreneurs and industry leaders.
• Mission-driven, high-ownership culture with room to innovate and build.

Job Types: Full-time, Permanent, Fixed term contract
Contract length: 6 months

Pay: $100,000.00-$150,000.00 per year

Benefits:

• Dental care
• Extended health care
• Life insurance
• On-site parking
• Paid time off
• RRSP match

Work Location: Hybrid remote in Toronto, ON M5V 1T1