Compliance Analyst Remote Canada

Plooto, Inc.; Canada; Remote; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a detail-oriented UBO Compliance Analyst to ensure compliance with AML regulations across Canada and the U.S. This role involves conducting UBO checks, analyzing complex ownership structures, and assessing financial crime risks. Join a leading payments company that offers competitive salaries and career growth opportunities in compliance and financial crime risk. Be part of an innovative team that shapes anti-financial crime frameworks in the payments industry, where your contributions will make a significant impact.

Benefits

Competitive salary

Career growth opportunities

Innovative team environment

Qualifications

• 2+ years of experience in AML compliance or KYC roles in financial services.
• Strong understanding of beneficial ownership and financial crime risks.

Responsibilities

• Conduct UBO checks and analyze corporate ownership structures.
• Ensure compliance with AML regulations and prepare detailed reports.

Skills

AML Compliance

KYC

Due Diligence

Analytical Thinking

Attention to Detail

Communication Skills

Education

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

Certification in AML/KYC Compliance

Tools

AML/KYC tools (e.g., Persona, Jumio, LexisNexis)

Job description

We are seeking a detail-oriented UBO Compliance Analyst to conduct Ultimate Beneficial Owner (UBO) checks and ensure compliance with Anti-Money Laundering (AML) regulations across Canada and the United States. This role involves verifying business ownership structures, assessing financial crime risks, and ensuring compliance with regulatory frameworks such as FINTRAC (Canada), FinCEN (U.S.), and other applicable laws.

The ideal candidate will have a strong understanding of Know Your Customer (KYC), Beneficial Ownership Due Diligence (BODD), Enhanced Due Diligence (EDD), and AML compliance in the payments industry.

Key Responsibilities:

• Conduct UBO checks on new and existing corporate customers to determine ownership structures and controlling parties.
• Analyze complex corporate hierarchies, offshore entities, trusts, and layered ownership to identify ultimate beneficial owners.
• Ensure compliance with AML regulations, such as Canada’s PCMLTFA and U.S. Bank Secrecy Act (BSA)/FinCEN requirements.
• Assess financial crime risks associated with UBOs, including sanctions exposure, PEP (Politically Exposed Person) status, and adverse media screening.
• Identify high-risk entities and escalate cases requiring Enhanced Due Diligence (EDD).
• Work with compliance and risk teams to monitor ongoing changes in ownership structures.
• Documentation & Reporting:
• Maintain accurate KYC and UBO records, ensuring full regulatory compliance.
• Prepare detailed reports on UBO findings for internal audits and regulatory filings.
• Assist in Suspicious Activity Report (SAR/STR) filings when necessary.
• Work closely with AML officers, risk analysts, and payment operations teams to strengthen compliance processes.
• Stay up to date with regulatory changes in Canada and the U.S. impacting beneficial ownership rules.
• Suggest process improvements and automation tools to enhance UBO verification efficiency.

Required Qualifications & Experience:

Education & Certification:

• Bachelor’s degree in Finance, Law, Business, or a related field.
• Certification in AML/KYC Compliance (e.g., CAMS, CFCS, ICA, or equivalent) is a strong advantage.

Work Experience:

• 2+ years of experience in AML compliance, KYC, or due diligence roles in the payments, banking, or financial services industry.
• Experience conducting corporate due diligence and analyzing ownership structures.

Technical & Analytical Skills:

• Proficiency in using AML/KYC tools (e.g., Persona, Jumio, LexisNexis, ComplyAdvantage, Refinitiv World-Check, OpenCorporates).
• Strong research skills to assess corporate records, UBO disclosures, and regulatory filings.
• Knowledge of AML regulations (FINTRAC, FinCEN, OFAC, FATF guidelines).

Soft Skills:

• Excellent attention to detail and analytical thinking.
• Strong written and verbal communication skills to present findings clearly.
• Ability to work independently and in a team within a fast-paced environment.

Why Join Us?

• Work with a leading payments company ensuring regulatory compliance across Canada and the U.S.
• Competitive salary and career growth opportunities in compliance and financial crime risk.
• Be part of an innovative team shaping anti-financial crime frameworks in the payments industry.