Quality Compliance Associate

OPEN TO CANADIAN RESIDENTS ONLY

SENIOR COMPLIANCE ANALYST

Compliance
Job Level: Senior Analyst 
Reporting To: Chief Compliance Officer

The Senior Compliance Analyst is responsible for supporting the Chief Compliance Officer in ensuring the organization adheres to all applicable regulatory frameworks, including anti-money laundering (AML), anti-terrorist financing (ATF), Know Your Customer (KYC), data privacy, and securities regulations. In this role, you will oversee the development, implementation, and maintenance of compliance policies and procedures, working collaboratively with other members of the compliance department to ensure all processes meet regulatory and internal standards.

As a Senior Compliance Analyst, you will also play a pivotal role in monitoring compliance activities, analyzing potential risks, and advising on solutions to mitigate regulatory concerns. Your focus will be on assisting in the execution of the compliance strategy, conducting audits, and managing escalated issues while helping to build a strong culture of compliance throughout the organization.

The ideal candidate should have a solid background in compliance management, with a strong understanding of financial services or fintech sectors, and the ability to manage multiple priorities in a fast-paced environment.

The responsibilities and expectations of the Senior Compliance Analyst are outlined below:

Policy Development and Implementation 
Develop, implement, and maintain comprehensive written policies and procedures to ensure compliance with AML, ATF, KYC, data privacy, and securities regulations, while aligning with internal compliance standards and best practices.
Collaborate with the Chief Compliance Officer to update policies in response to new regulatory developments, ensuring the organization remains compliant with evolving laws.

Compliance Monitoring and Auditing 
Conduct regular audits and compliance reviews to monitor adherence to established policies, identifying potential risks or areas for improvement.
Oversee the work of junior compliance specialists, ensuring all compliance tasks are executed efficiently, accurately, and in accordance with organizational standards.
Analyze compliance trends and present findings to the Chief Compliance Officer, recommending corrective actions or improvements to enhance compliance processes.

Risk Management and Regulatory Support 
Assist the Chief Compliance Officer in conducting risk assessments and developing strategies to mitigate regulatory risks.
Address escalated compliance issues, offering expert guidance to resolve them in accordance with regulatory requirements and internal policies.
Act as a key resource for internal teams, providing advice and guidance on regulatory inquiries, particularly during the development and deployment of new products or services.
Understanding of Securities Legislation, FINTRAC and MSB laws and regulations, and the ability to translate them into documentation and policies.

Collaborate closely with other departments, including Product, Engineering, and Customer Success, to ensure compliance requirements are seamlessly integrated into day-to-day operations and new initiatives.
Partner with legal advisors to ensure compliance-related activities are aligned with broader legal obligations and industry regulations.
Provide input on compliance aspects of customer onboarding, payment processing, and financial transactions to ensure all processes meet regulatory and compliance standards.

Cultivate a collaborative, compliance-driven culture across the team and the wider organization.
Stay informed of industry trends and regulatory changes, promoting continuous improvement by sharing knowledge and best practices with the compliance team.

A Bachelor's degree in Finance or Business is an asset. 
Professional certification in compliance (e.g., CAMS, CRCM) is an asset.

~ 5+ years of experience in compliance or regulatory roles, preferably within the financial services or fintech sectors.
~ Proven experience in developing and maintaining compliance programs and policies.


Technical Knowledge
Strong understanding of compliance frameworks, including AML, ATF, KYC, data privacy, and financial regulations.
Familiarity with compliance monitoring tools and reporting systems, such as Chainalysis. 

Excellent verbal and written communication skills, with the ability to explain complex compliance issues to non-compliance professionals.
Able to work collaboratively and build relationships across departments to ensure a cohesive approach to compliance management.

Detail-oriented with excellent problem-solving skills, particularly when managing escalated compliance concerns.
Strong analytical skills with the ability to assess regulatory risks and propose effective solutions.

The candidate must submit and pass a criminal background check and must hold the highest standards when dealing with sensitive data.

Annual Vacation: 15 days of paid vacation per year.
Comprehensive extended medical and dental benefits for both individuals and families.
Company-provided laptop and necessary equipment to support remote work.
Remote Work: 100% remote working environment, offering flexibility and work-life balance.