Compliance Officer

4 weeks ago


Toronto, Ontario, Canada Sokin Full time
About Us
Sokin is a leading B2B financial services provider that enables global payments and receivables for businesses. Our mission is to make cross-border transactions cheaper, faster, and more transparent – at the best wholesale exchange rate.

We're a new-age payments solution aiming to empower business trade cross-border with ease, with greater speed, and at reduced cost. Our clients can hold, send, receive, and exchange over 75 currencies at a fixed rate through a single access point, as well as benefit from Sokin Pay's integrated payment acceptance functionality. With a global infrastructure and industry-leading partners, we are rapidly becoming one of the biggest names in modern remittance.

As a Compliance Officer, you will be responsible for ensuring that our clients comply with all relevant regulations and laws. This includes performing AML and KYC checks and ongoing monitoring for existing corporate clients, identifying and verifying potential corporate clients' identity, and maintaining KYC records.

Responsibilities
- Perform AML and KYC checks and ongoing monitoring for existing corporate clients.
- Identify and verify potential corporate clients' identity (includes data collection, identification, verification, politically exposed person/sanctions lists check).
- Complete client due diligence searches.
- Maintain KYC records.
- Responsible for verification of client data to be added to the internal systems to be in line with client documentation.
- Manage case load and take ownership by tracking with business owners to ensure cases complete in a timely manner.
- Liaise with business owners to clarify, investigate, escalate, and resolve issues as they arise.
- Monitor and manage the KYC mailbox.
- Complete ad hoc compliance tasks as required.

Benefits
- 20 days annual leave (not including public holidays).
- Birthday Leave.
- Hybrid working.

Please note, candidates will need to have the right to work in the jurisdiction that they are looking to work in. Sokin is an equal opportunities employer and committed to maintaining an inclusive work environment.
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