Chief Compliance Officer (Chief AML Officer and Chief Privacy Officer)

KOHO

1d•CA$280,000 - CA$320,000•Remote

About The Position

Reporting to the Bank CEO as KOHO’s Chief Compliance Officer, Chief AML Officer, and Chief Privacy Officer, you will lead and evolve our compliance program to meet and exceed regulatory obligations while enabling innovation and customer impact. In this hands-on leadership role, you will oversee regulatory relationships, internal compliance strategy, and operational risk management frameworks, establishing and maintaining the bank’s regulatory compliance, AML, and privacy programs in alignment with federal and provincial legislation, OSFI guidelines, banking regulations, and applicable AML and Privacy legislation. You’ll leverage deep compliance expertise and a strong understanding of relevant regulatory requirements—while partnering cross-functionally across product, legal, risk, operations, and engineering to support safe and sustainable business growth.

Requirements

10+ years of experience in financial services compliance, including at least 5 years in a leadership role.
A strong understanding of OSFI’s RCM Framework and deep expertise in Canadian regulatory requirements, including AML, Privacy and other applicable federal or provincial legislation.
Experience working in regulated fintech, neobank, or direct-to-consumer financial institutions.
Proven success in leading compliance programs through periods of rapid growth and regulatory scrutiny.
Strong communication skills and a credible voice with regulators, executives, and board members.
Ability to combine a strategic mindset with a hands-on, practical approach to execution.
Passion for innovation, inclusion, and empowering financial wellness.

Responsibilities

Develop and implement a compliance management program aligned with OSFI’s Regulatory Compliance Management (RCM) Framework and banking industry standards.
Provide regular compliance reporting to the CEO, Board, and regulators.
Lead interactions with OSFI, FINTRAC, FCAC, privacy commissioners, and other regulatory bodies.
Lead KOHO’s Privacy Program, ensuring compliance with PIPEDA and applicable provincial laws.
Implement privacy impact assessments for new products and initiatives.
Maintain breach response protocols, incident reporting, and privacy training programs.
Lead KOHO’s AML program as CAMLO, ensuring compliance with the PCMLFTA and other applicable regulations and regulatory guidance.
Working closely with the head of the FIU on matters related to AML.
Define clear compliance responsibilities between the bank and KOHO Financial Inc.
Formalize service level agreements for compliance-related services from KOHO.
Maintain regulatory independence while leveraging parent company resources responsibly.
Oversee implementation and monitoring of compliance with key regulatory guidelines across all banking operations.
Manage the relationship with all regulators as expected of a CCO / CAMLO / CPO.
Identify emerging regulatory trends and develop implementation strategies.
Build and lead a high-performing compliance and privacy team that scales with growth.
Develop robust training programs for bank staff and leadership.
Foster a strong risk and compliance culture across the organization.
Conduct regular compliance, AML and privacy risk assessments across operations.
Develop and execute mitigation strategies for identified vulnerabilities.
Establish early warning indicators for potential compliance or privacy issues.
Coordinate with Risk Management and Internal Audit for integrated oversight.