Compliance Specialist

Loop; Toronto; On-site; CAD 55,000 - 70,000; Full time

Job summary

A fast-growing FinTech startup in Toronto is seeking a Compliance Specialist to manage regulatory compliance and anti-money laundering activities. The ideal candidate has 1–3 years of relevant experience and a strong analytical mindset. This role involves conducting investigations, performing transaction monitoring, and collaborating with banking partners, making it an exciting opportunity for someone early in their career.

Benefits

Equity ranging 0.01-0.05%

Enrollment in group’s health benefits after probation

Kitchen full of snacks and drinks

Catered lunch on Fridays

Qualifications

• Genuine interest in AML, compliance, and risk management.
• Experience in related areas such as credit or risk teams.
• Highly organized with excellent time management.

Responsibilities

• Conduct Level 1 (L1) AML investigations for potential suspicious activity.
• Perform transaction monitoring and escalate cases as necessary.
• Support customer verification processes (KYC, KYB, AML).

Skills

Attention to detail

Analytical skills

Proactive

Adaptable

Fluency in English

Education

1–3 years of relevant experience in AML, compliance, credit risk, or financial crime prevention

Tools

Google Suite

Excel

CRM tools (Salesforce or similar)

Job description

Overview

Loop is a fast-growing FinTech high growth startup that enables businesses to seamlessly manage money around the world so our clients can access more markets, accelerate their growth and simplify their operations with the only truly cross-border banking platform. Loop is enabling the next generation of businesses to thrive around the world and we are looking for ambitious people to join our mission.

About The Role

Hi, I\'m Michael, Head of Compliance, at Loop and I am hiring a Compliance Specialist to oversee Loop’s regulatory compliance requirements, our anti-money laundering (AML), financial crimes prevention and working alongside our banking partners. This role is an onsite position at our downtown Toronto office (Adelaide and Spadina).

Where You Come In

We are seeking a motivated and detail-oriented Compliance Specialist to join our compliance team. This is an exciting opportunity for someone early in their career who is passionate about Anti-Money Laundering (AML), financial crime prevention, and regulatory compliance. This position is newly created to support our continued growth in the compliance team.

In this role, you will support the Head of Compliance in day-to-day monitoring, investigations, and reporting activities, ensuring we meet the highest standards of compliance with our banking partners and regulators.

What You\'ll Be Doing

• Conduct Level 1 (L1) AML investigations for potential suspicious activity.
• Perform transaction monitoring and escalate cases as necessary.
• Carry out identity screening and other due diligence checks.
• Handle requests from banking partners in a timely and accurate manner.
• Support the preparation of reports for submission to banking partners and, where applicable, regulatory bodies (e.g., FINTRAC, Bank of Canada).
• Support customer verification processes (KYC, KYB, AML and other reviews).
• Work closely with the Head of Compliance, who will act as the primary escalation point.
• Maintain accurate and thorough documentation of all investigations and actions taken.
• Collaborate with the Customer Operations and Support teams to meet customer needs (collecting documents for payment screenings, etc.).

Desired Qualities, Skills, and Experience

• 1–3 years of relevant experience in AML, compliance, credit risk, or financial crime prevention.
• Basic understanding of AML and Sanctions regulations, watchlist screening, transaction monitoring systems, and customer due diligence processes.
• A genuine interest in AML, compliance and risk management.
• Hungry to learn, proactive, and committed to professional growth.
• Attention to detail and strong analytical skills.
• Hands-on AML experience is strongly preferred, but experience in related areas such as credit or risk teams will also be considered.
• Highly organized with excellent time management and follow-through.
• Self-starter who can work independently, take ownership, and drive results without constant oversight.
• Adaptable and proactive, with the ability to juggle multiple priorities in a fast-moving environment.
• Fluency in English.
• Proficiency in Google Suite tools, Excel, and CRM tools (Salesforce or similar).

What\u2019s in it for you?

• Real responsibility with strong career growth opportunities from day one in a critical role at a high-growth fintech startup.
• Work in a high-impact role that directly contributes to protecting the business from financial crime.
• Gain hands-on experience across investigations, monitoring, reporting, and KYC. Be mentored by an experienced Head of Compliance and grow your skillset in a dynamic, supportive environment.
• A collaborative, friendly team and vibrant startup culture where your work makes a visible impact.
• As the company grows, your role will evolve with greater responsibility and play a key role in shaping our compliance program.

What we offer

• Salary range CAD$55,000-$70,000 annual, commensurate with experience
• Equity ranging 0.01-0.05%
• Enrollment in group\u2019s health benefits after probation period
• This role is onsite in our downtown Toronto office
• Kitchen full of snacks and drinks to keep you going throughout the day
• Catered lunch on Fridays

Interview Process

• 30 minutes virtual meeting with Mandy, People and Business Operations Specialist
• 30 minutes virtual meeting with Michael, Head of Compliance
• 60 minutes in-person meeting with Jeff, Head of Operations and Hillary, Risk Lead
• Take home questionnaire to get to know you better
• 30 minutes in-person meeting with Cato, CEO and Co-Founder and 15 minutes with Sarah, Chief of Staff
• Background check and offer

How to Apply

To apply for this position, please click “apply” and share your resume, alongside a brief paragraph about yourself and your previous experience. Your application will be reviewed by our recruiters and hiring managers; we do not use AI tools for screening or selection.

Loop is committed to creating a diverse culture. We encourage you to apply regardless of who you are or where you came from - what matters is the journey ahead. Put simply, if you\u2019re unsure about your qualifications for this position, we\u2019d still encourage you to apply!