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We are seeking a Local Compliance Officer with strong FINTRAC and MSB experience to oversee day-to-day AML/CTF compliance for a Canadian Money Services Business. This hands-on, operational role is responsible for implementing, maintaining, and monitoring the MSB compliance framework in line with FINTRAC and PCMLTFA requirements.

This role will serve as the primary local compliance contact in Canada, working closely with senior management, external advisors, and regulators.


Key Responsibilities:

FINTRAC & AML/CTF Compliance

• Maintain and support FINTRAC MSB registration and ongoing regulatory obligations
• Act as the primary point of contact for FINTRAC communications and examinations
• Ensure compliance with PCMLTFA and related AML/CTF regulations
• Prepare, file, and manage regulatory reports including:
  • Suspicious Transaction Reports (STRs)
  • Large Cash Transaction Reports (LCTRs)
  • Electronic Funds Transfer Reports (EFTRs)
     
• Maintain required compliance records and audit trails

Compliance Program Management

• Implement and maintain AML policies, procedures, and internal controls
• Conduct and update:
  • Enterprise-wide risk assessments
  • Client risk scoring and EDD reviews
     
• Monitor transactions and escalate suspicious activity
• Support sanctions screening and watchlist monitoring
• Deliver compliance training to staff and maintain training records
   

Operational & Internal Oversight

• Review client onboarding files (KYC / KYB)
• Support bank, PSP, and partner due diligence requests
• Coordinate with external auditors, consultants, and legal advisors
• Track regulatory changes and update internal procedures accordingly
• Prepare compliance reports for senior management
   

Required Experience & Qualifications
:
Mandatory

• 3–5+ years of hands-on MSB compliance experience in Canada
• Direct experience with FINTRAC reporting and examinations
• Strong working knowledge of:
  • PCMLTFA
  • FINTRAC guidance
  • AML/CTF best practices for MSBs
     
• Experience in one or more of:
  • Payments
  • FX
  • Crypto / virtual currency
  • Remittance / money transfer
     

Preferred

• Previous role as Compliance Officer, AML Officer, or CAMLO-equivalent
• Experience supporting banking relationships and regulatory audits
• Familiarity with fintech or crypto environments
• CAMS or equivalent AML certification
   

Personal Attributes

• Detail-oriented and structured
• Confident dealing with regulators and auditors
• Practical, solution-driven mindset
• Able to work independently with limited supervision
• Strong written and verbal communication skills

Engagement Type

• Full-time preferred
• Open to part-time or consultant profiles with strong FINTRAC experience