Designated Compliance Officer (Canada)
LemFi
- Canada
- Permanent
- Full-time
- Ensure LemFi's products and services fit the regulatory landscape;
- Spearhead the effort in maintaining or obtaining the necessary regulatory registrations or licences, including conducting research for strategic compliance purposes;
- Serve as the company's leading AML regulatory expert in Canada;
- Become the RPAA expert for LemFi in Canada. Develop and maintain the RPAA program and champion the implementation of its requirements;
- Oversee the implementation of new regulatory requirements as they arise;
- Serve as the liaison to national regulators or law enforcement authorities;
- Maintain the relationships with Canadian banking or payments partners and ensure cooperation with any partner obligations including, but not limited to, periodic filings and reports as required by a partner;
- Maintain the Canada AML compliance program, and ensure its alignment with LemFi's global AML policy and existing enterprise operations;
- Develop and maintain the regional AML risk assessment to identify key risk indicators, and assist LemFi in preparing for and mitigating these risks;
- Contribute to MIS reports for the Senior Executive team, regular updates to the Board of Directors, and any other crucial ad-hoc updates or guidance to these parties;
- Maintain responsibility for the submission and oversight of any relevant regulatory reports/ad hoc filings, transaction reporting, unusual activity reports (UARs), STR filings, and any other reports, EFTOs/EFTIs, or filings needing submission to the relevant authorities or partners in Canada;
- Spearhead and manage regulatory or independent AML audits in Canada;
- Ensure compliance policies, procedures, trainings, and other relevant documentation align with regional AML requirements;
- Manage and guide compliance staff, particularly those assigned with Canada-related compliance responsibilities;
- Engage in cross-functional responsibilities and assist the Chief Compliance Officer where needed.
- Advanced education degree is preferred but not required;
- 7-9 years' experience in a senior or management compliance role at a fintech or financial institution;
- Experience with mentoring, training and managing compliance staff and driving forward operational improvements;
- Direct experience and familiarity with regulatory communications and licensing/registration efforts with a local national regulatory authority;
- Comprehensive knowledge of Canadian regulatory environments, developments, and registration requirements;
- Excellent analytical, research, verbal and written communication skills;
- Adaptability to global operational needs and ability to work in a rapidly changing business and regulatory environment.
- Ability to thrive as part of a team and be an empowering, constructive and considerate colleague;
- Data and analytical skills, including proficiency with Microsoft Excel and the ability to perform data analysis;
- Ability to learn new technologies and systems;
- CAMS certification (or equivalent) is a plus;
- Proficiency in a foreign language is a plus.