Senior Manager, Financial Crime Compliance

Checkout.com; Toronto; Hybrid; CAD 90,000 - 150,000; Full time

Job summary

An exciting fintech company is seeking a Senior Manager to lead their Compliance team in Canada. This role is pivotal in ensuring adherence to regulatory frameworks and managing compliance risks. You will work closely with regulators and internal teams, driving the compliance agenda while fostering a culture of integrity and accountability. The ideal candidate will bring extensive experience in compliance within the financial sector, demonstrating strategic thinking and strong leadership skills. Join a dynamic team that values innovation and collaboration, contributing to the growth of the digital economy and making a significant impact in the fintech landscape.

Qualifications

• 8+ years of compliance experience in a financial institution.
• Strong understanding of compliance risks and regulations.
• Experience dealing with regulators in a senior compliance role.

Responsibilities

• Lead the Canada Compliance team and manage compliance programs.
• Serve as the Compliance Officer and manage regulatory relationships.
• Develop compliance policies and procedures to meet regulations.

Skills

Compliance Management

Regulatory Knowledge

Risk Management

KYC

AML/CFT

Communication Skills

Education

Bachelor's Degree in Finance or Law

Certification in Compliance (e.g., CAMS)

Job description

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Company Description

Checkout.com is one of the most exciting fintechs in the world. Our mission is to enable businesses and their communities to thrive in the digital economy. We’re the strategic payments partner for some of the best known fast-moving brands globally such as Wise, Hut Group, Sony Electronics, Homebase, Henkel, Klarna and many others. Purpose-built with performance and scalability in mind, our flexible cloud-based payments platform helps global enterprises launch new products and create experiences customers love. And it's not just what we build that makes us different. It's how.

Company Description

Checkout.com is one of the most exciting fintechs in the world. Our mission is to enable businesses and their communities to thrive in the digital economy. We’re the strategic payments partner for some of the best known fast-moving brands globally such as Wise, Hut Group, Sony Electronics, Homebase, Henkel, Klarna and many others. Purpose-built with performance and scalability in mind, our flexible cloud-based payments platform helps global enterprises launch new products and create experiences customers love. And it's not just what we build that makes us different. It's how.

We empower passionate problem-solvers to collaborate, innovate and do their best work. That’s why we’re on the Forbes Cloud 100 list and a Great Place to Work accredited company. And we’re just getting started. We’re building diverse and inclusive teams around the world — because that’s how we create even better experiences for our merchants and our partners. And we need your help. Join us to build the digital economy of tomorrow.

Job Description

The role

To support our ongoing expansion across the Americas region, Checkout.com is now actively seeking a highly-driven and energetic Senior Manager to support in establishing and leading the Canada Compliance team, reporting into the Head of Americas Compliance.

The role will be instrumental in supporting broader expansion in Canada, focusing on bank regulatory initiatives, including but not limited to, contributing to regulatory applications, drafting compliance policies, and establishing processes to comply with regulations in Canada, including the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the “PCMLTFA”), FINTRAC Guidance for Money Service Business and Payment Processors, Money Service Business Act (the “Quebec Act”), and the Retail Payments Activities Act.

The stakeholder will join a growing Americas team dedicated to Compliance and will work closely with external regulators and various internal functional partners (Sales, Onboarding, Transaction Monitoring, Legal, Product etc.), ensuring compliance with all applicable regulatory requirements.

The ideal candidate will have demonstrated experience dealing with regulators and senior management in a payments-focused, banking or other regulated financial institution and act as the senior person responsible for legal entity regulatory matters within Canada. The ideal candidate will be highly strategic and will deploy an owner mindset. They will be well-organized, adaptable to the changing demands of the role, and capable of independent and autonomous decision-making to drive Checkout.com’s ambitious expansion goals in a fast-paced environment.

Qualifications

How you’ll make an impact

• Providing strategy, direction, and oversight for Checkout Payment Systems Canada Inc. a regulated entity, while implementing adequate risk management practices.
• Serving as the board designated Compliance Officer responsible for implementing and managing the compliance program.
• Working jointly with other senior management in the Americas and at the Group level.
• Being the primary Compliance person responsible for driving conversations with regulators and assisting in activities required to maintain licenses in good standing.
• Assist with setting up committees needed for the Canada regulated entity.
• Grow the Canada Compliance teams over the coming years.
• Oversee and assume overall responsibility for Compliance statutory, regulatory and management reporting in line with external and internal policy requirements.
• Developing compliance policies and procedures that are designed to comply with applicable external requirements and group-wide policies.
• Serving as the Money Laundering Reporting Officer responsible for managing the overall anti-money laundering compliance program including the filing of suspicious transaction reports (STRs).
• Review escalations from the first line of defense, approving merchant applications and making sure necessary Customer Due Diligence is performed.
• Maintain legal entity specific compliance risk assessment highlighting control gaps where necessary.
• Communicating with all necessary staff to ensure they understand their responsibilities and are trained in Checkout.com policies and procedures to identify financial crime issues and escalate any suspicious activity.
• Supporting the business and signing off, where necessary, to launch new products and assess the associated risks in accordance with regulatory requirements.
• Maintain awareness of compliance industry trends including financial crime risks.
  
  

What We’re Looking For

• 8+ years of compliance experience at a financial institution subject to Canada’s regulatory regime.
• Strong understanding of compliance risks associated with financial institutions as well as payment network specific compliance requirements.
• Knowledge and experience within the Payments/Fintech industry and compliance requirements applicable to Money Services Businesses in Canada.
• Experience dealing with regulators in a senior compliance role with robust knowledge on key compliance topics including KYC, AML/CFT, Sanctions.
• Highly analytical, strategic problem solver with strong ideas and foresight.
• Strong communicator with the ability to build cross-functional relationships.
• Ability to handle multiple tasks with tight delivery schedules and prioritize accordingly, communicating roadmaps and deliverables clearly and articulately.
• Strong sense of ownership and accountability.
• Humility, low-ego and will be an ideal champion of our mission and values.
  
  

Additional Information

Hybrid Working Model: All of our offices globally are onsite 3 times per week (Tuesday, Wednesday, and Thursday). We’ve worked towards enabling teams to work collaboratively in the same space, while also being able to partner with colleagues globally.

Apply Without Meeting All Requirements Statement

If you don't meet all the requirements but think you might still be right for the role, please apply anyway. We're always keen to speak to people who connect with our mission and values.

We believe in equal opportunities

We work as one team. Wherever you come from. However you identify. And whichever payment method you use.

Our clients come from all over the world — and so do we. Hiring hard-working people and giving them a community to thrive in is critical to our success.

When you join our team, we’ll empower you to unlock your potential so you can do your best work. We’d love to hear how you think you could make a difference here with us.

We want to set you up for success and make our process as accessible as possible. So let us know in your application, or tell your recruiter directly, if you need anything to make your experience or working environment more comfortable. We’ll be happy to support you.

Take a peek inside life at Checkout.com via

• Our Culture video https://youtu.be/BEwnpHuadSw
• Our careers page https://www.checkout.com/careers
• Our LinkedIn Life pages bit.ly/3OaoN1U
• Our Instagram https://www.instagram.com/checkout_com/

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Quality Assurance

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