Canada Money Laundering Reporting Officer (MLRO)

Stripe

11d

About The Position

Stripe is seeking a highly experienced and strategic Money Laundering Reporting Officer (MLRO) to lead our financial crimes program in Canada. This role reports to Chief Compliance Officer of the Americas and sits within the Financial Crime, Compliance & Risk Oversight (FinCRO) organization. You will be the principal decision-maker and strategic lead on financial crime risk management decisions, serving a critical role in ensuring Stripe’s continued safe growth and success in the region. You will also be the public face of the financial crimes team in Canada. The ideal candidate will have deep subject matter expertise and a proven track record building and evolving tech-forward financial crime programs.

Requirements

• Experience: 10+ years of experience in financial crime, with a significant focus on financial services, fintech, or payments, and deep contacts - and influence - across the industry
• Regulatory Knowledge: Deep and current knowledge of financial crimes and other relevant financial services laws and regulations across Canada.
• Communication: Exceptional communication skills, with the ability to articulate complex regulatory concepts to both technical and non-technical audiences.
• Strategic Mindset: Ability to think strategically and translate complex regulatory requirements into creative and practical solutions.
• Problem-Solving: Strong analytical and problem-solving skills, with a data-driven approach to decision making
• Resilience: Define and iterate on Stripe Canada’s risk appetite, ensuring a defensible stance as Stripe explores new, high-growth verticals and opportunities
• Data proficiency: High data literacy, ability to work closely with data teams to identify emerging financial crime patterns and validate the effectiveness of detection models
• Certifications: CAMS (Certified Anti-Money Laundering Specialist) or other relevant professional certifications are a plus.

Nice To Haves

• Experience working in a global, matrixed organization.
• Deep competence navigating the regulatory guardrails amidst a high-growth environment

Responsibilities

• Strategic Leadership: Develop and implement a robust and effective compliance strategy for Canada, aligning with global FinCRO objectives and business goals, leveraging AI, data science and automation wherever possible. Provide regular reporting and updates to the Canada Board regarding the health and effectiveness of the BSA/AML program
• FC Program Oversight: Act as the MLRO, owning and enhancing the company's FC program. Ensure the program is designed to efficiently and effectively prevent, detect, and report money laundering, terrorist financing, and other financial crimes.
• Regulatory Management: Proactively engage with regulators to shape the future of fintech oversight, advocating for tech-enabled compliance solutions. Serve as the primary point of contact for regulators and an ambassador for Stripe in Canada.
• External influence: Act as a thought leader in the payments industry, representing Stripe in external forums and groups to help modernize regulatory expectations for the fintech era.
• Partner and Relationship Management: Build and maintain trust and strong, collaborative relationships with key financial partners, including banks, payment networks, and other third-party providers. Educate partners on Stripe’s financial crimes program and controls, and serve as the senior point of contact for escalations.
• Advisory and Consultation: Exercise oversight to ensure Stripe’s program and controls are fit for purpose. Provide expert advice to key stakeholders on product development to foster compliance by design.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed