Compliance Officer

Summary

Join LemFi, a rapidly growing fintech company revolutionizing cross-border financial services, as their Compliance Officer, Canada! This fully remote position requires advanced knowledge of Canadian AML/CTF compliance and a minimum of 3 years of senior compliance experience. You will be responsible for ensuring LemFi's compliance with all Canadian AML regulations, including regulatory registrations and licensing. The role involves spearheading compliance efforts, serving as the company's AML expert, and managing relationships with regulators and partners. You will also develop and maintain compliance programs, oversee audits, and contribute to regular reporting. This position demands strong analytical, communication, and teamwork skills, along with adaptability to a dynamic environment.

Requirements

• 3 years’ experience in a senior or management compliance role at a Canada-based fintech or financial institution
• Direct experience and familiarity with regulatory communications and licensing/registration efforts with FINTRAC
• Comprehensive knowledge of Canadian federal and provincial 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

Responsibilities

• 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, including managing and handling law enforcement requests
• 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 Chief Compliance Officer of North America, 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 Global Compliance Officer where needed

Preferred Qualifications

CAMS certification (or equivalent) is a plus