Compliance Manager

Flywire

2d • $140,000 - $150,000 • Remote

About The Position

Flywire is seeking a dedicated and experienced Compliance Officer / MLRO to lead compliance efforts, particularly for the Canadian market. This remote role will report to the Head of Compliance in the US. The Compliance and Regulatory Manager will be part of the Financial Crimes Compliance team, overseeing Canada's AML programs and FINTRAC/Bank of Canada-compliant regulatory work. This involves liaising with regulators, auditors, partners, and clients, and building a program to monitor and comply with evolving regulations. The role requires cross-functional collaboration with Product, Global Payments, Risk, Business, and Operations teams to support complex, global, and regulated products.

Requirements

• 5-10 years of work experience with a university degree, or at least 8 years of relevant work experience
• Capable of comfortably leading meetings, delivering presentations and interacting with all hierarchy levels
• Able to pursue multiple initiatives simultaneously
• Experience preparing/reviewing/delivering executive level communications
• Excellent written and verbal communications skills
• Fluent in English (verbal and written)

Nice To Haves

• 8+ years of relevant experience in certain of the following functions: Anti-Money Laundering Corporate/Risk Governance, Risk Management, Compliance, Audit, Regulatory Management, Legal or related areas
• Experience with regulations and guidelines related to payments networks, financial institutions, digital payments industry, including emerging payment system regulation/supervision
• Data driven and experience with analytics
• Experience in payments/banking or related segments, or alternately, good understanding of payments business and associated risks
• French (Canadian) would be a plus

Responsibilities

• Monitor relevant Canadian regulatory developments, particularly as they relate to payments regulation, consumer protection, money service business, and fintech laws.
• Support the Global Payments team on ongoing bank and payment partner management, including explaining the global Legal, Compliance, and Regulatory framework and conducting onsite visits if needed.
• Assist with the analysis and introduction of new products and services.
• Manage Canadian Regulator and Law Enforcement relationships and interactions.
• Review the regulatory environment for Flywire’s suite of services, determining if licensure or additional permissions are required or an exemption applies.
• Build and maintain needed Canadian AML/CTF programs, policies, and procedures.
• Assist the Global AML/CTF compliance operations team, including sanctions screening, transaction monitoring, fraud monitoring, and KYC.
• Manage the regulatory reporting (EFTR, STR) and response process, ensuring clear allocation of responsibilities for regularly scheduled and ad hoc filings, and maintaining a repository of prior filings and information used to respond to regulatory inquiries or consultations.
• Coordinate and develop presentations, responses, and reporting to management, regulators, clients, FI Partners, and governing bodies.
• Assist with the development of internal communications, presentations, and training materials.
• Conduct regulatory reviews and due diligence on potential business acquisition targets.
• Maintain documentation on regulatory requests supported and responses provided.
• Support additional Risk Governance projects and initiatives.
• Support global artificial intelligence development as it relates to AML/CTF and sanctions regulations.
• Drive and own the regulatory compliance aspects of the business in Canada and advise on AML regulations.
• Localize and administer an AML/CFT compliance program and maintain a risk assessment to comply with applicable local requirements, including transaction monitoring functions.
• Work on various projects and miscellaneous issues both in Canada and globally such as partner KYC audits, client onboarding, and product enhancements.
• Create insights on regulatory and supervisory topics for effective business response and mature risk governance practices.

Benefits

• Competitive compensation
• Employee Stock Purchase Plan (ESPP)
• Flying Start - Our immersive Global Induction Program (Meet our Execs & Global Teams)
• Wellbeing Programs (Mental Health, Wellness, Yoga/Pilates/HIIT Classes) with Global FlyMates
• Competitive time off including FlyBetter Days to volunteer in your community and Digital Disconnect Days!
• Great Talent & Development Programs (Managers Taking Flight – for new or aspiring managers!)

What This Job Offers

• Job Type: Full-time
• Career Level: Senior