Senior Compliance Director - Card Issuing & Cross-Border Payments

OTT Financial Group; Toronto; On-site; CAD 120,000 - 150,000; Full time

Job summary

A leading fintech company in Toronto is seeking a Senior Compliance Director who will build and lead a compliance framework for credit card issuance and cross-border payments. The ideal candidate has a minimum of 10 years in financial services compliance, with hands-on experience in credit card and payments regulations. Responsibilities include liaising with regulators and designing compliance policies to support business growth and readiness for IPO. The company offers a competitive salary, extensive benefits, and opportunities for professional development.

Benefits

Competitive salary depending on experience

Extended Health, Dental, and Vision Benefits

Life and Disability Insurance

Generous Vacation Leave

Free use of onsite Gym and Sports Facilities

Learning and Professional Development Support

Qualifications

• Minimum 10 years of experience in financial services compliance.
• Hands-on experience in credit card issuing or cross-border payments.
• Ability to design compliance frameworks from the ground up.

Responsibilities

• Lead compliance governance for credit cards, prepaid cards, and debit cards.
• Design and manage compliance frameworks for cross-border payment flows.
• Act as the primary liaison with regulators and issuing partners.

Skills

Financial services compliance

Credit card issuing

Cross-border payments

Regulatory compliance

Risk management

Job description

OTT Pay Inc. is an established, fully funded fintech company focused on delivering streamlined financial payment solutions. With a strategic focus on both acquiring and issuing business, we are developing a mobile-first platform that offers a wide range of financial services, loyalty programs, and innovative products, including credit cards, payment solutions, e-commerce, gift cards, and more. We are a results-driven, forward-thinking organization that values goal orientation and continuous improvement.

At OTT Pay, you will find abundant opportunities for professional growth, working alongside a talented and diverse team from various industries. Our collaborative and innovative environment fosters learning and development, empowering you to excel and make a tangible impact. This is a unique chance to join a company dedicated to reshaping financial solutions for the future.

We are seeking a highly experienced Senior Compliance Director specializing in Card Issuing and Cross-Border Payments. This role is responsible for building, leading, and maintaining a robust compliance framework covering credit card issuance, cross-border payments, and foreign exchange activities, in alignment with Visa and Mastercard rules and global regulatory standards.

This is a key strategic role that directly impacts the scalability of card and cross-border businesses, the company’s credibility with banks and card networks, and readiness for investment banking due diligence and IPO.

Benefits

• Competitive salary depending on experience, plus performance bonus
• Extended Health, Dental, and Vision Benefits
• Life and Disability Insurance
• Generous Vacation Leave
• Centrally located modern and spacious offices close to Eglinton and Leslie
• Free use of onsite Gym and Sports Facilities, and regular Company Social Events
• Learning and Professional Development Support
• Tremendous opportunities for Growth and Development

How you will contribute

Card Issuing Compliance

• Lead compliance governance for credit cards, prepaid cards, and debit cards.
• Interpret and implement Visa and Mastercard rules, BIN responsibilities, and issuer obligations.
• Review card product structures, usage scenarios, MCC controls, and geographic restrictions.
• Oversee chargeback management, fraud ratios, dispute monitoring, and network risk thresholds.

Cross-Border Payments & FX Compliance

• Design and manage compliance frameworks for cross-border payment flows.
• Ensure regulatory compliance for FX, exchange rate mechanisms, and fund usage.
• Oversee AML, CTF, sanctions screening, and transaction monitoring across jurisdictions.

Regulatory & Authority Liaison

• Act as the primary liaison with regulators, card networks, sponsor banks, and issuing partners.
• Lead license applications, ongoing regulatory reporting, audits, and remediation actions.
• Support government and regulatory examinations and reviews.

Internal Governance & Risk Collaboration

• Develop and maintain compliance policies, procedures, and internal controls.
• Partner closely with Product, Technology, Risk, and Operations teams.
• Hold escalation and veto authority on material compliance and regulatory risks.

IPO & Investment Banking Support

• Support IPO and pre-IPO compliance readiness.
• Participate in investment banking and legal due diligence.
• Clearly document entity obligations, responsibility boundaries, and risk disclosures.

What you bring to the table

Experience & Expertise

• Minimum 10 years of experience in financial services compliance.
• Hands-on experience in at least two of the following: credit card issuing, prepaid/debit cards, cross-border payments, foreign exchange, Visa/Mastercard programs.
• Prior experience at issuing banks, sponsor banks, global payment institutions, or large fintech companies.
• Ability to design compliance frameworks from the ground up.
• Strong understanding of product structures, system architecture, and fund flows.
• Ability to balance regulatory requirements with business execution.
• Strong judgment and decision-making under pressure.
• Multi-jurisdiction compliance experience (North America plus Asia or Europe). (Nice to have)
• IPO or pre-IPO compliance experience. (Nice to have)
• Experience with BIN migration or sponsor-to-principal issuer transitions. (Nice to have)

Office Location: 1123 Leslie Street, North York

Schedule: Mon – Fri, 9:00am to 5:30pm

OTT Financial Group is committed to fostering an inclusive and accessible environment where all employees feel valued and respected, and where every employee can realize their potential. We are committed to providing reasonable accommodation, if required, and will work with you to meet your needs. We appreciate all applicants for their interest; however, only those candidates selected for an interview will be contacted.