Regulatory Compliance Lead

4 weeks ago


Old Toronto, Ontario, Canada Interac Corp. Full time
Lead Regulatory Compliance Specialist

At Interac Corp., we're shaping the future of the digital economy in Canada by designing and delivering innovative products and solutions that give Canadians control over their money. We're looking for a seasoned Regulatory Compliance Lead to join our Risk Management team and contribute to the development and execution of our Prominent Payment System (PPS) and Retail Payment Activities Act (RPAA) regulatory compliance activities.

Key Responsibilities:

  • Lead the design and execution of PPS and RPAA regulatory compliance activities, providing risk and regulatory compliance expertise to Interac business segments.
  • Develop and maintain Interac's PPS and RPAA Compliance Framework, ensuring alignment with Bank of Canada risk management standards.
  • Act as a subject matter expert on relevant PPS and RPAA regulatory guidelines and requirements, and industry best practices.
  • Assess PPS and RPAA regulatory compliance issues, identifying and addressing resultant gaps and issues.
  • Lead cross-functional efforts to complete BAU PPS and RPAA regulatory compliance activities, including BoC Core Assurance Reviews and RPAA related reviews/audits.
  • Manage PPS and RPAA related reporting and updates to the Management Risk Committee and Board Risk Committee.

Requirements:

  • University degree in Computer Science, Business, Finance, or equivalent.
  • 15+ years of relevant work experience, with significant experience in regulatory reporting and compliance.
  • Strong working knowledge of relevant regulatory requirements and industry standards for risk management and controls.
  • Knowledge of payments technology and industry best practices.
  • Excellent leadership, organizational, and communication skills.

About Us:

We're a community of creative thinkers, problem solvers, technical gurus, and high-performance application developers. Our culture encourages excellence and rewards contributions. We invest in our employees' growth and development, providing a multitude of benefits and perks. Join us in shaping the future of the digital economy in Canada.



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