Head of North American Compliance (20 month contract)

Nuvei

6d•Hybrid

About The Position

The Head of North American Compliance is responsible for leading and managing compliance initiatives across the United States and Canada and serving as the region’s AML officer, ensuring adherence to regulatory requirements and internal policies. This role requires a deep understanding of US financial regulations and the ability to navigate complex regulatory environments. The Head of NA Compliance will serve as the primary point of contact for regulatory agencies and will be instrumental in shaping and executing the company’s compliance strategy within North America.

Requirements

Bachelor’s degree in business, finance, law, or a related field
7-10 years of experience in compliance or risk management, preferably within a financial institution, money transmitter, or FinTech company operating in the US. Equivalent combinations of education and experience will be considered.
Extensive knowledge of US regulatory requirements, including AML/CTF, Money Transmitter Licenses (MTLs), consumer protection laws, and other relevant federal and state regulations.
Strong understanding of the US financial services landscape, including payment systems, money transmission, and digital currencies.
Excellent leadership, strategic thinking, communication, and analytical skills, with proven ability to manage complex regulatory challenges in a fast-paced environment.
Experience working in a fast-paced, technology-driven environment.

Responsibilities

Act as the primary Anti-Money Laundering (AML) and Money Laundering Reporting Officer (MLRO) for the US market, overseeing compliance with Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), government sanctions, and Politically Exposed Person (PEP) regulations.
Ensure compliance with all applicable US regulations, including those related to consumer protection, financial crimes, and money transmission.
Provide expert advice on compliance with US regulations for various business lines, including money services businesses (MSBs), payment processing, and gaming.
Monitor and ensure that all products and services offered in the US comply with federal and state regulatory requirements, including necessary filings and reporting.
Identify, assess, and manage risks associated with money laundering and financial crimes. Develop and implement robust risk mitigation strategies.
Lead and manage all regulatory audits within the US, ensuring full cooperation with auditors and regulators to minimize compliance risks.
Lead and mentor a team of compliance professionals, fostering a culture of compliance and continuous improvement within the organization.
Develop and maintain Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) specific to US compliance efforts. Regularly report on compliance status to senior leadership.
Drive the implementation of global compliance policies within the US, ensuring alignment with local regulatory requirements.
Oversee the development and delivery of compliance training programs, including AML and CTF training, to ensure staff are well-informed and equipped to meet regulatory obligations.
Conduct and oversee risk assessments for the US market, ensuring all compliance risks are identified and addressed.
Keep senior management informed of emerging regulatory developments and industry trends, ensuring timely implementation of necessary changes.
Manage all local licensing, registration, and regulatory reporting requirements.
Work with Compliance Teams globally to design and implement a risk-based Financial Crime and Compliance Framework, ensuring proportional controls aligned with Nuvei’s international operations and local regulatory requirements.