High-CTR: Senior Compliance Manager & MLRO Careers at Airwallex - Toronto, Ontario | Apply Now!
Airwallex
High-CTR: Senior Compliance Manager & MLRO Careers at Airwallex - Toronto, Ontario | Apply Now!
Job Description
Senior Compliance Manager & MLRO, Canada - Airwallex
Role Overview
The Senior Compliance Manager & MLRO for Canada at Airwallex is a critical leadership position responsible for overseeing all aspects of financial crime compliance within the Canadian operations. This role requires a deep understanding of Canadian AML regulations, including the PCMLTFA and RPAA, as well as strong leadership and communication skills. The successful candidate will be responsible for developing, implementing, and maintaining a robust compliance program that meets regulatory requirements and protects Airwallex from financial crime risks. They will also act as the Money Laundering Reporting Officer (MLRO) for Airwallex Canada, serving as the primary point of contact for FINTRAC and other regulatory bodies.A Day in the Life
On a typical day, the Senior Compliance Manager & MLRO might: * Review and approve high-risk customer onboarding cases, ensuring thorough KYC/CDD/EDD procedures are followed. * Analyze transaction monitoring alerts to identify potentially suspicious activity. * Prepare and file Suspicious Transaction Reports (STRs) with FINTRAC. * Respond to inquiries from FINTRAC and other regulatory agencies. * Develop and deliver compliance training to employees. * Conduct risk assessments to identify and mitigate potential AML risks. * Partner with product and technology teams to ensure compliance is integrated into new product development. * Attend meetings with senior management to provide updates on compliance performance. * Review and update compliance policies and procedures. * Research and interpret new regulatory requirements.Why Toronto, Ontario?
Toronto is a major financial hub in Canada and a key location for Airwallex's operations. Being located in Toronto provides several advantages: * Access to a large pool of qualified compliance professionals. * Close proximity to regulatory agencies and financial institutions. * A diverse and multicultural environment. * A vibrant and growing fintech ecosystem.Career Path
This Senior Compliance Manager & MLRO role offers excellent career growth opportunities within Airwallex. Potential career paths include: * Head of Compliance, Canada * Regional Compliance Officer * Global Head of AML * Chief Risk Officer Airwallex is committed to providing employees with opportunities for professional development and advancement.Salary & Benefits
The estimated salary range for this position is $120,000 - $180,000 USD per year. The actual salary will be commensurate with experience and qualifications. Airwallex also offers a comprehensive benefits package, including: * Health insurance (medical, dental, vision) * Paid time off * Employee stock options * Retirement savings plan * Wellness programsAirwallex Culture
Airwallex is a fast-paced and innovative company with a strong focus on teamwork and collaboration. We value employees who are: * Passionate about our mission * Results-oriented * Adaptable to change * Committed to continuous learning * Team players We offer a supportive and inclusive work environment where employees can thrive and make a meaningful impact.How to Apply
Interested candidates are encouraged to apply online through the Airwallex careers website. Please submit your resume and a cover letter outlining your qualifications and experience.FAQ
What is Airwallex?
Airwallex is a global payments and financial platform for modern businesses, offering solutions for cross-border payments, multi-currency accounts, and more.
What does an MLRO do?
The Money Laundering Reporting Officer (MLRO) is responsible for overseeing all aspects of AML compliance within an organization, including implementing and maintaining a robust compliance program, filing STRs, and serving as the primary point of contact for regulatory agencies.
What is PCMLTFA?
PCMLTFA stands for the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, which is the primary AML legislation in Canada.
What is RPAA?
RPAA stands for the Retail Payment Activities Act, which is a Canadian law regulating retail payment activities and service providers.
What are KYC/CDD/EDD?
KYC stands for Know Your Customer, CDD stands for Customer Due Diligence, and EDD stands for Enhanced Due Diligence. These are processes used to verify the identity of customers and assess their risk profile.
What is FINTRAC?
FINTRAC is the Financial Transactions and Reports Analysis Centre of Canada, which is Canada's financial intelligence unit.
What is an STR?
STR stands for Suspicious Transaction Report, which is a report filed with FINTRAC when there is suspicion of money laundering or terrorist financing.
What qualifications are needed for this role?
A bachelor's degree, 5+ years of experience in compliance, AML, or financial crime prevention, and experience as an MLRO are typically required.
What are the benefits of working at Airwallex?
Airwallex offers a competitive salary, comprehensive benefits package, and opportunities for professional development.
What is the company culture like at Airwallex?
Airwallex is a fast-paced and innovative company with a strong focus on teamwork and collaboration.
Locations
- Toronto, Ontario, Canada
Salary
Estimated Salary Rangemedium confidence
132,000 - 198,000 USD / yearly
Source: ai estimated
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- AMLintermediate
- Financial Crime Complianceintermediate
- Regulatory Reportingintermediate
- Transaction Monitoringintermediate
- KYC/CDD/EDDintermediate
- STR/SAR Filingintermediate
- FINTRAC Regulationsintermediate
- PCMLTFAintermediate
- RPAAintermediate
- Risk Managementintermediate
- Compliance Program Developmentintermediate
- Auditintermediate
- Stakeholder Managementintermediate
- Policy Developmentintermediate
- MSB Registrationintermediate
Required Qualifications
- Bachelor's degree in a related field (e.g., Law, Finance, Business Administration). (experience)
- 5+ years of experience in compliance, AML, or financial crime prevention roles within the financial services industry in Canada. (experience)
- Proven experience as a Money Laundering Reporting Officer (MLRO) or in a similar senior compliance role. (experience)
- In-depth knowledge of Canadian AML regulations, including the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA). (experience)
- Experience with the Retail Payment Activities Act (RPAA) is highly desirable. (experience)
- Strong understanding of KYC/CDD/EDD principles and practices. (experience)
- Experience in developing and implementing compliance programs and policies. (experience)
- Excellent analytical and problem-solving skills. (experience)
- Strong communication and interpersonal skills, with the ability to effectively interact with regulators, senior management, and other stakeholders. (experience)
- Ability to work independently and as part of a team. (experience)
- Certified Anti-Money Laundering Specialist (CAMS) or other relevant certification is a plus. (experience)
- Experience in the fintech or payments industry is an asset. (experience)
- Demonstrated ability to manage multiple priorities and meet deadlines in a fast-paced environment. (experience)
- Experience in conducting risk assessments and developing mitigation strategies. (experience)
- Strong attention to detail and accuracy. (experience)
Responsibilities
- Own and develop Airwallex’s Canadian AML & Financial Crime framework, building on the global compliance program while “Canadianizing” policies and controls.
- Manage day-to-day compliance operations, including customer onboarding/offboarding, EDD approvals, transaction monitoring, and filing Suspicious Transaction Reports.
- Act as MLRO for Canada, responsible for STR filings, regulator engagement, and maintaining MSB registration.
- Partner with product, operations, and audit teams to operationalize RPAA requirements, monitor risk, and support new product launches.
- Represent Airwallex with key external stakeholders, including FINTRAC, banking partners, and scheme partners.
- Design and implement reporting processes to inform senior management, the audit committee, and the board on compliance metrics and trends.
- Conduct regular risk assessments to identify and mitigate potential AML and financial crime risks.
- Develop and deliver compliance training programs to employees to ensure awareness of AML and financial crime requirements.
- Stay up-to-date on changes to Canadian AML regulations and industry best practices.
- Manage regulatory examinations and audits, including preparing responses to inquiries and implementing corrective actions.
- Oversee the investigation of suspicious activity and escalate potential violations to senior management.
- Maintain accurate and complete compliance records.
- Collaborate with global compliance teams to ensure consistency and alignment of compliance programs.
- Provide guidance and support to the business on AML and financial crime compliance matters.
- Contribute to the development and improvement of Airwallex’s global compliance program.
Benefits
- general: Competitive salary and benefits package.
- general: Opportunity to work for a fast-growing and innovative fintech company.
- general: A challenging and rewarding work environment.
- general: Opportunity to make a significant impact on the company’s success.
- general: Collaborative and supportive team environment.
- general: Professional development opportunities.
- general: Comprehensive health insurance plan (medical, dental, vision).
- general: Generous paid time off policy.
- general: Employee stock options.
- general: Retirement savings plan with employer matching.
- general: Wellness programs and resources.
- general: Flexible work arrangements.
- general: Employee assistance program.
- general: Company-sponsored social events and team-building activities.
- general: Opportunity to work with a diverse and talented team from around the world.
Tags & Categories
Answer 10 quick questions to check your fit for High-CTR: Senior Compliance Manager & MLRO Careers at Airwallex - Toronto, Ontario | Apply Now! @ Airwallex.
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High-CTR: Senior Compliance Manager & MLRO Careers at Airwallex - Toronto, Ontario | Apply Now!
Airwallex
High-CTR: Senior Compliance Manager & MLRO Careers at Airwallex - Toronto, Ontario | Apply Now!
Job Description
Senior Compliance Manager & MLRO, Canada - Airwallex
Role Overview
The Senior Compliance Manager & MLRO for Canada at Airwallex is a critical leadership position responsible for overseeing all aspects of financial crime compliance within the Canadian operations. This role requires a deep understanding of Canadian AML regulations, including the PCMLTFA and RPAA, as well as strong leadership and communication skills. The successful candidate will be responsible for developing, implementing, and maintaining a robust compliance program that meets regulatory requirements and protects Airwallex from financial crime risks. They will also act as the Money Laundering Reporting Officer (MLRO) for Airwallex Canada, serving as the primary point of contact for FINTRAC and other regulatory bodies.A Day in the Life
On a typical day, the Senior Compliance Manager & MLRO might: * Review and approve high-risk customer onboarding cases, ensuring thorough KYC/CDD/EDD procedures are followed. * Analyze transaction monitoring alerts to identify potentially suspicious activity. * Prepare and file Suspicious Transaction Reports (STRs) with FINTRAC. * Respond to inquiries from FINTRAC and other regulatory agencies. * Develop and deliver compliance training to employees. * Conduct risk assessments to identify and mitigate potential AML risks. * Partner with product and technology teams to ensure compliance is integrated into new product development. * Attend meetings with senior management to provide updates on compliance performance. * Review and update compliance policies and procedures. * Research and interpret new regulatory requirements.Why Toronto, Ontario?
Toronto is a major financial hub in Canada and a key location for Airwallex's operations. Being located in Toronto provides several advantages: * Access to a large pool of qualified compliance professionals. * Close proximity to regulatory agencies and financial institutions. * A diverse and multicultural environment. * A vibrant and growing fintech ecosystem.Career Path
This Senior Compliance Manager & MLRO role offers excellent career growth opportunities within Airwallex. Potential career paths include: * Head of Compliance, Canada * Regional Compliance Officer * Global Head of AML * Chief Risk Officer Airwallex is committed to providing employees with opportunities for professional development and advancement.Salary & Benefits
The estimated salary range for this position is $120,000 - $180,000 USD per year. The actual salary will be commensurate with experience and qualifications. Airwallex also offers a comprehensive benefits package, including: * Health insurance (medical, dental, vision) * Paid time off * Employee stock options * Retirement savings plan * Wellness programsAirwallex Culture
Airwallex is a fast-paced and innovative company with a strong focus on teamwork and collaboration. We value employees who are: * Passionate about our mission * Results-oriented * Adaptable to change * Committed to continuous learning * Team players We offer a supportive and inclusive work environment where employees can thrive and make a meaningful impact.How to Apply
Interested candidates are encouraged to apply online through the Airwallex careers website. Please submit your resume and a cover letter outlining your qualifications and experience.FAQ
What is Airwallex?
Airwallex is a global payments and financial platform for modern businesses, offering solutions for cross-border payments, multi-currency accounts, and more.
What does an MLRO do?
The Money Laundering Reporting Officer (MLRO) is responsible for overseeing all aspects of AML compliance within an organization, including implementing and maintaining a robust compliance program, filing STRs, and serving as the primary point of contact for regulatory agencies.
What is PCMLTFA?
PCMLTFA stands for the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, which is the primary AML legislation in Canada.
What is RPAA?
RPAA stands for the Retail Payment Activities Act, which is a Canadian law regulating retail payment activities and service providers.
What are KYC/CDD/EDD?
KYC stands for Know Your Customer, CDD stands for Customer Due Diligence, and EDD stands for Enhanced Due Diligence. These are processes used to verify the identity of customers and assess their risk profile.
What is FINTRAC?
FINTRAC is the Financial Transactions and Reports Analysis Centre of Canada, which is Canada's financial intelligence unit.
What is an STR?
STR stands for Suspicious Transaction Report, which is a report filed with FINTRAC when there is suspicion of money laundering or terrorist financing.
What qualifications are needed for this role?
A bachelor's degree, 5+ years of experience in compliance, AML, or financial crime prevention, and experience as an MLRO are typically required.
What are the benefits of working at Airwallex?
Airwallex offers a competitive salary, comprehensive benefits package, and opportunities for professional development.
What is the company culture like at Airwallex?
Airwallex is a fast-paced and innovative company with a strong focus on teamwork and collaboration.
Locations
- Toronto, Ontario, Canada
Salary
Estimated Salary Rangemedium confidence
132,000 - 198,000 USD / yearly
Source: ai estimated
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- AMLintermediate
- Financial Crime Complianceintermediate
- Regulatory Reportingintermediate
- Transaction Monitoringintermediate
- KYC/CDD/EDDintermediate
- STR/SAR Filingintermediate
- FINTRAC Regulationsintermediate
- PCMLTFAintermediate
- RPAAintermediate
- Risk Managementintermediate
- Compliance Program Developmentintermediate
- Auditintermediate
- Stakeholder Managementintermediate
- Policy Developmentintermediate
- MSB Registrationintermediate
Required Qualifications
- Bachelor's degree in a related field (e.g., Law, Finance, Business Administration). (experience)
- 5+ years of experience in compliance, AML, or financial crime prevention roles within the financial services industry in Canada. (experience)
- Proven experience as a Money Laundering Reporting Officer (MLRO) or in a similar senior compliance role. (experience)
- In-depth knowledge of Canadian AML regulations, including the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA). (experience)
- Experience with the Retail Payment Activities Act (RPAA) is highly desirable. (experience)
- Strong understanding of KYC/CDD/EDD principles and practices. (experience)
- Experience in developing and implementing compliance programs and policies. (experience)
- Excellent analytical and problem-solving skills. (experience)
- Strong communication and interpersonal skills, with the ability to effectively interact with regulators, senior management, and other stakeholders. (experience)
- Ability to work independently and as part of a team. (experience)
- Certified Anti-Money Laundering Specialist (CAMS) or other relevant certification is a plus. (experience)
- Experience in the fintech or payments industry is an asset. (experience)
- Demonstrated ability to manage multiple priorities and meet deadlines in a fast-paced environment. (experience)
- Experience in conducting risk assessments and developing mitigation strategies. (experience)
- Strong attention to detail and accuracy. (experience)
Responsibilities
- Own and develop Airwallex’s Canadian AML & Financial Crime framework, building on the global compliance program while “Canadianizing” policies and controls.
- Manage day-to-day compliance operations, including customer onboarding/offboarding, EDD approvals, transaction monitoring, and filing Suspicious Transaction Reports.
- Act as MLRO for Canada, responsible for STR filings, regulator engagement, and maintaining MSB registration.
- Partner with product, operations, and audit teams to operationalize RPAA requirements, monitor risk, and support new product launches.
- Represent Airwallex with key external stakeholders, including FINTRAC, banking partners, and scheme partners.
- Design and implement reporting processes to inform senior management, the audit committee, and the board on compliance metrics and trends.
- Conduct regular risk assessments to identify and mitigate potential AML and financial crime risks.
- Develop and deliver compliance training programs to employees to ensure awareness of AML and financial crime requirements.
- Stay up-to-date on changes to Canadian AML regulations and industry best practices.
- Manage regulatory examinations and audits, including preparing responses to inquiries and implementing corrective actions.
- Oversee the investigation of suspicious activity and escalate potential violations to senior management.
- Maintain accurate and complete compliance records.
- Collaborate with global compliance teams to ensure consistency and alignment of compliance programs.
- Provide guidance and support to the business on AML and financial crime compliance matters.
- Contribute to the development and improvement of Airwallex’s global compliance program.
Benefits
- general: Competitive salary and benefits package.
- general: Opportunity to work for a fast-growing and innovative fintech company.
- general: A challenging and rewarding work environment.
- general: Opportunity to make a significant impact on the company’s success.
- general: Collaborative and supportive team environment.
- general: Professional development opportunities.
- general: Comprehensive health insurance plan (medical, dental, vision).
- general: Generous paid time off policy.
- general: Employee stock options.
- general: Retirement savings plan with employer matching.
- general: Wellness programs and resources.
- general: Flexible work arrangements.
- general: Employee assistance program.
- general: Company-sponsored social events and team-building activities.
- general: Opportunity to work with a diverse and talented team from around the world.
Tags & Categories
Answer 10 quick questions to check your fit for High-CTR: Senior Compliance Manager & MLRO Careers at Airwallex - Toronto, Ontario | Apply Now! @ Airwallex.
10 Questions
~2 Minutes
Instant Score
Related Books and Jobs