Compliance Officer / MLRO, Canada
Paycot is hiring a Compliance Officer / MLRO to lead compliance for its Canadian operations.
Paycot provides payment infrastructure for businesses, including crypto payment acceptance, payouts, fiat and crypto conversions, and OTC services. Our solutions are available through API integrations, embedded widgets, hosted payment pages, and white-label delivery.
We're looking for a compliance professional with practical knowledge of Canadian AML/ATF requirements. We're particularly interested in candidates who have worked with corporate clients, reviewed corporate and transaction documents, and investigated transaction monitoring alerts. Experience with crypto transactions would be a strong advantage.
The role will oversee our AML/ATF program, maintain policies and risk assessments, and manage applicable reporting to FINTRAC. You will review escalated onboarding and transaction cases, assess supporting documents and source of funds, and document compliance decisions.
You will also coordinate staff training and compliance program effectiveness reviews, support regulatory examinations, and work with management, legal, product, and operations teams to put regulatory requirements into practice.
What we're looking for:
- AML/ATF compliance experience in payments, fintech, an MSB, or another financial services business.
- Strong knowledge of FINTRAC requirements and the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated regulations.
- Experience with customer due diligence, enhanced due diligence, sanctions screening, and ongoing monitoring.
- Ability to investigate suspicious activity, document findings, and make clear escalation and reporting decisions.
- Strong written and spoken English for regulatory correspondence, internal guidance, and professional communication.
Experience we particularly value:
- Corporate onboarding and KYB, including reviewing incorporation documents, ownership structures, beneficial owners, and business activities.
- Transaction monitoring involving corporate clients, including reviewing contracts, invoices, bank statements, and other evidence supporting the purpose of transactions and source of funds.
- Crypto transaction monitoring, wallet screening, blockchain analytics, and Travel Rule controls.
Previous experience as an appointed compliance officer or MLRO, a CAMS designation, and familiarity with the Retail Payment Activities Act would be an advantage.
To apply, submit your CV through this vacancy.
