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 expansion in the Canadian market. This remote role will report to the Head of Compliance in the US. The position involves working within the Financial Crimes Compliance team, leading and overseeing Canada AML programs and FINTRAC / Bank of Canada-compliant regulatory work. This includes liaising with regulators, auditors, bank/payment partners, and clients, while building a program to monitor and comply with relevant evolving regulations. The role requires cross-functional collaboration with Product, Global Payments, Risk, Business, and Operations functions 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.
• 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.
• Capable of comfortably leading meetings, delivering presentations and interact with all hierarchy levels.
• Able to pursue multiple initiatives simultaneously.
• 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 preparing/reviewing/delivering executive level communications.
• Experience in payments/banking or related segments, or alternately, good understanding of payments business and associated risks.
• Excellent written and verbal communications skills.
• Fluent in English (verbal and written).

Nice To Haves

• French (Canadian) would be a plus.

Responsibilities

• Monitoring relevant Canadian regulatory developments, particularly as they relate to payments regulation, consumer protection, money service business and fintech laws generally.
• Supporting the Global Payments team on ongoing bank and payment partner management, including explaining our global Legal, Compliance and Regulatory framework and conducting onsite visits if needed.
• Assisting with analysis and introduction of new products and services.
• Managing Canadian Regulator and Law Enforcement relationships and interactions, if any.
• Reviewing the regulatory environment for Flywire’s suite of services, determining if licensure or additional permissions are required or an exemption applies (and under what circumstances).
• Building and maintaining needed Canadian AML/CTF programs, policies and procedures.
• Assisting the Global AML/CTF compliance operations team, including sanctions screening, transaction monitoring, fraud monitoring and KYC.
• Managing the regulatory reporting (EFTR, STR) and response process, by 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, as required.
• Assist with development of internal communications, presentations, and training materials.
• Conducting regulatory reviews and due diligence on potential business acquisition targets, as required.
• Maintain documentation on regulatory requests supported and responses provided.
• Support additional Risk Governance projects and initiatives as needed.
• Support global artificial intelligence development as it relates to AML/CTF and sanctions regulations.
• Drive and own the regulatory compliance aspects of our 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)
• Work with brilliant people that will keep you on your toes, learn more about their journeys by checking out #InsideFlywire on social media
• Dynamic & Global Team (we have been collaborating virtually for years!)
• 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