AML & Compliance Officer

Summary

Join Zepz as their Country Anti-Money Laundering & Compliance Officer in Canada! This senior role requires expertise in AML, Counter-Terrorist Financing, and sanctions, ensuring compliance with PCMLTFA, RPAA, and Revenue Quebec Act. You will manage the local compliance team, handle whistleblower complaints, maintain licenses, and create compliance and AML budgets. The role involves implementing financial crime and regulatory compliance programs, conducting risk assessments, and overseeing training. You will act as the chief interface between Zepz and regulatory bodies, representing Canada in group-wide governance fora. This position demands a strong understanding of Canadian AML laws and a proven track record in compliance.

Requirements

• Established Country AML and Compliance Officer, who has previously overseen AML, sanctions and compliance framework and responsible for external reporting to the relevant authorities
• Highly knowledgeable about the AML directives, regulatory guidance and circulars and across all the issues in regulatory compliance regulation (including safeguarding) in Canada
• AML and CTF Expertise: Steeped in CDD, EDD, partner/third party due diligence, and suspicious activity detection/investigation, and reporting. Understand compliance frameworks for risk management and internal controls. Following all Regulatory requirements under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), including the Retail Payments Activities Act -RPAA and The Revenue Quebec Act regulations and directives as applicable. Will know how to implement best AML/CTF practices and resolve outstanding issues. Able to socialise best practice with the broader global compliance team
• Ability to work within ambiguity and fast-paced environment
• Engaged in the day-to-day details of the role, whilst never losing strategic oversight of the control framework and having the gravitas to face off to very senior stakeholders internally
• A strong people manager, they will be a ‘multiplier’ of the talent and around them, and attract and retain high performing team members, setting a tone of positivity, accountability, and competence within the team
• Operational and Strategic Mentality - Not only develops sound and effective day to day controls but continually monitors and oversees operations to assure alignment with the business. Realises that cultivating our people is one of our best strategic choices. Can manage the tasks of the day while scanning the horizon for future threats/changes

Responsibilities

• Manage the local Compliance team and be responsible for quality and timeliness of their output, notably SAR and EFT fillings
• Act as chief interface between the company and regulatory bodies
• Be responsible for anti-bribery and corruption (‘ABC’), KYC, and PSD issues
• Implement financial crime and regulatory compliance programmes that enable the safe and sustainable growth of Zepz in Canada
• Implement and manage the AML and CTF programmes, record management, exams and audits, licence registrations and oversee reporting for suspicious activity
• Conduct risk assessments, oversee training and resolve issues identified in Exams and Audits
• Producing periodic management reports for the Canadian Management Team, they will also be accountable and report into group Compliance management on the status of Canadian Compliance
• Ensure compliance with country/jurisdictional laws, regulations and company policy and procedure
• Embody a Compliance- aware culture throughout Zepz which is capable of identifying, managing and quantifying exposures
• Be responsible for regulatory reporting
• Represent Canada Compliance in group-wide governance fora
• Act as a member of the global Compliance leadership team, working with colleagues across the world to optimise the Compliance operating model
• Contribute to the company’s global policies that are Compliance-owned and, in turn, draft and own policy addenda that are owned by Canada Compliance
• Be responsible for ‘horizon scanning’ for any and all new and amended regulations that may affect Zepz’s operations across Canada, including assessment of whether our existing controls need to change in response
• Create and manage budgets for the local team
• Manage the compliance, AML, and CTF due diligence of new partners
• Involved in local partnership opportunities, vendors and banking partners if any, from a compliance perspective

Preferred Qualifications

Previous experience of working in the Payments sector is preferred, although candidates with broader Financial Services backgrounds will also be considered

Benefits

• Unlimited Annual Leave: Feel free to make the most of your time off and maintain a healthy work-life balance!
• Private Medical Cover: You can opt-in to a Private Medical Insurance scheme. This provides you with access to thorough medical coverage, so you can feel confident in your health and well-being
• Retirement: We offer pension schemes to help you plan for and secure your future
• Life Assurance: Life assurance is available to give you peace of mind and protect your loved ones in case of the unexpected
• Parental Leave: We offer competitive parental leave schemes to ensure you are spending as much quality time with your new bundle of joy as possible
• We are also remote-first as an organisation, offering flexibility for you to work where you need to be most productive