Compliance Officer - North America

Remote - Referral Board

14d•Remote

About The Position

Remote is solving modern organizations’ biggest challenge – navigating global employment compliantly with ease. We make it possible for businesses of all sizes to recruit, pay, and manage international teams. With our core values at heart and future focused work culture, our team works tirelessly on ambitious problems, asynchronously, around the world. You can find Remoters working from 6 different continents (Antarctica left to go!) and all of our positions are fully remote. With Innovation as one of the core values, we have built Automation and AI capabilities into the requirements for every role. We encourage every member of the Remote team to bring their talents, experiences and culture to the table to help us build the best-in-class HR platform. If you are energetic, curious, motivated and ambitious, be part of our world. Apply now and define the future of work! What this job can offer you This is an exciting time to join Remote and make a personal difference in the global employment space as our Compliance Officer for North America, including of our Canadian regulated entity. We are building a Financial Services subgroup within Remote. This subgroup owns payments licenses in Canada, UK, and Europe. In order to maintain Remote's licenses and operate in the fintech space, we need to meet the highest standards for customer due diligence, anti-money laundering and counter financing terrorism, internally referred to as know your business (KYB). You will help maintain and implement sound procedures for vetting our customers in North America, aligned to regulatory and payment partner expectations. Not only will you have the responsibility to introduce and implement innovative anti-money laundering (AML) and counter-financing terrorism (CFT) solutions for our platform, you will also be relied upon to share guidance and expertise on Canadian regulatory requirements. Candidates with experience of USA AML regulations and good practice are encouraged to apply to support the Remote Group's KYB compliance policies and processes there, in addition to the responsibilities within our Financial Services subgroup.

Requirements

Extensive experience within the Second line of Defence in the financial sector, with demonstrable experience in Financial Crime Compliance
Expert knowledge of Canadian payments legislation, both with FINTRAC (specifically MSB rules) and Bank of Canada’s RPAA
Previous experience in both Compliance and Compliance Operations roles within a global financial services company.
Must be a CA resident
Professional AML / MLRO certifications
Writes and speaks fluent English.

Nice To Haves

It's not required to have experience working in a USA AML compliance role, but it's considered a plus.
It's not required to have experience working remotely, but considered a plus.

Responsibilities

Ensure Remote’s Canadian MSB remains compliant with new guidance and regulation stemming from FINTRAC and Bank of Canada’s RPAA legislation.
Draft policies relating to customer due diligence, enhanced due diligence, screening measures, business-wide risk assessments, customer risk assessments, transaction monitoring, suspicious activity reporting, law enforcement engagement, fraud prevention, anti-bribery and corruption, authentication standards, AML/PF training and sanctions compliance meeting the expectations of Canadian regulators.
Lead the AML/CTF audits for Remote’s Canadian regulated entity, manage relationships with other external advisors for Canada as required.
Lead AML/CTF audits for Remote's other North America activities, manage relationships with North America external advisors as required.
Responsible for ongoing maintenance of relevant policies, procedures and control environment to ensure our payments entities remain compliant with regulatory requirements and industry standards.
Prepare and submit accurate and timely reports to regulatory authorities.
Perform periodic and ad hoc 'second line of defence' controls effectiveness reviews as required; reporting to management on any findings and setting out remediation plans where necessary.
Developing and enhancing compliance 'management information' or metrics to support on-going monitoring of the Canadian compliance function.
Keep abreast of regulatory changes and update reporting processes accordingly.