Director of Compliance, North America
Toronto, Ontario
6d ago


Deputy to Chief Compliance Officer. Responsible for leading the North American Compliance team and supporting the Chief Compliance Officer in developing, implementing, and maintaining the organizations Regulatory and Financial Crime Compliance Program.


Compliance Leadership

  • Lead the North American Compliance team, reporting directly to the Chief Compliance Officer (CCO) of Moneycorp US Inc.
  • Assume the role of Deputy Money Laundering Reporting Officer (DMLRO) for North America (US / Canada)
  • Manage team of 10-15, including three direct reports (Compliance Managers)
  • Serve as point of escalation for high risk customers, high risk products, sanctions and fraud matters
  • Assist CCO and Group Compliance in the development, reporting, and assessment of key performance indicators (KPIs)
  • Support CCO on departmental initiatives and responsibilities, including matters pertaining to corporate governance and the management of key relationships with bank and non-bank partners
  • Support CCO and Group Compliance in implementing and ensuring ongoing effectiveness of financial crimes compliance systems
  • Business Partnership

  • Actively cultivate strong working relationships with Sales and other Business Leaders in North America
  • Ensure compliance SLAs are established and met on an ongoing basis, including account opening and payment screening
  • Industry Expertise

  • Attend seminars and training as appropriate
  • Maintain professional certification(s)
  • Regulatory Compliance

  • Conduct horizon scanning to look for regulatory developments, then summarize and circulate updates as appropriate
  • Ensure that regulatory reporting (STRs, SARs, EFTI / EFTOs) is managed effectively, including liaising with IT and Operations
  • Support CCO and Regulatory Compliance with audits, examinations and other reviews and ensure corrective action plans are established and completed in a timely manner
  • Training

  • Prepare and deliver training materials and policies
  • Ensure that employees are aware of these policies and follow them
  • Maintain and Update Records

  • Ensure that all documentation is kept up to date
  • Ensure compliance procedures and operations manuals are maintained and updated as required

    Knowledge and Experience :

  • 5-7 years of experience in financial services compliance
  • Financial crimes compliance expertise in US and Canada
  • Working knowledge of foreign exchange and cross-border payments
  • Experience interacting with financial crimes compliance regulatory bodies (e.g., FinCEN, FINTRAC, US state regulators) and independent reviewers / auditors
  • Experience working alongside senior management (up to and including C-suite and Board of Directors)
  • Skills and Competencies :

  • Strong personnel management skills
  • Demonstrated experience leading and developing people and teams
  • Ability to prepare reports and presentations at a level appropriate for senior management audiences
  • Ability to handle sensitive information and balance risk management and operational business requirements
  • The ability to work under pressure in a fast paced environment and to strict deadlines
  • Good organizational skills including prioritization
  • Clear communicator, written and verbal
  • Attention to detail
  • Technical Skills :

  • Proficient in CRM, EXCEL & Word
  • Strong understanding of, and familiarity with, transaction monitoring and sanctions screening systems
  • Education :

  • Bachelor’s degree required
  • CAMS and / or CFCS certification preferred
  • Personal Attributes :

  • Professional
  • Approachable and personable
  • Personal drive
  • Determined and persistent
  • Team player
  • Eager to learn
  • Location and Hours of Work

    Toronto Office

    Monday to Friday 8.30am-5.30pm

    Flexibility may be required in line with business needs

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