Senior Business Analyst
CSC Generation
Job Level
Mid-LevelSenior
About the role
- Deliver on the regulatory engagement strategy for Airwallex Canada and manage the Canadian MSB licensing program
- Maintain licensing responsibilities and coordinate with internal and external parties as necessary to ensure compliance through the communication of regulatory requirements, cross-functional collaboration to productize solutions and offerings, implementation and execution of processes, filing of all requisite reports, renewal of registrations and licenses, end-to-end management of regulatory examinations, and interfacing with MSB regulators on ad-hoc inquiries. You will analyse new and existing products and provide guidance to ensure that our 2LOD controls are fit for purpose and comply with regulatory obligations and guide the first line business to enable the maturity of both customer-facing and internal back-office processes and product features.
- This role is based in Toronto.
- Responsibilities:
- Support the Airwallex Group’s expansion by managing the regulatory compliance components of license authorisation processes
- Act as a key stakeholder in relation to license applications, business plan updates and information requests between Airwallex and our regulators
- Ensure that our regulatory compliance and integrity risk reporting obligations are maintained for all Airwallex Group entities in the Americas region
- Support and / or manage on-site exams and inspections (in collaboration with our LRC colleagues)
- Advise the business with respect to regulatory change initiatives with a particular focus on how to effectively manage compliance risk attached to new laws and regulations in the jurisdictions we operate
- Develop policies, processes and provide advice in relation to regulatory risk obligations that exist within the 1st line business
- Manage regulatory compliance risk within the Airwallex Risk Management Framework and associated escalation process (inc. the Group Risk Committee)
- Advise the business in relation to conduct risk and ethics matters (where appropriate) relating to our financial services licenses
- Deliver the Compliance Monitoring Program; Conduct targeted and thematic reviews on a wide range of topics to ensure appropriate organisational maturity
- Deliver the Airwallex Group’s Compliance Training for employees and conduct ad-hoc training to specific business areas as required
- Conduct ‘Proactive Special Ops’ projects to unlock business or operational issues to enable Airwallex to achieve its strategic goals more rapidly
Requirements
- Bachelor’s degree with a minimum of 6 years of compliance experience in a regulated financial institution, FinTech, legal / consulting firm, or combination of the above
- Familiarity with financial regulatory laws, rules, regulations and industry best practices across Canada and the Americas region
- Data proficiency - ability to work with data and leverage it for strategic decision-making
- Ability to operate strategically and think creatively to solve complex regulatory compliance challenges
- Superior communication skills, with the ability to clearly explain complex topics to regulators, executive leadership, and front-line staff
- Experience with developing and/or maintaining a compliance program within a financial institution, preferably in respect of payments activity
- Exposure to licensing processes, regulatory expansion, and RegTech or technology-driven compliance solutions
- Deep understanding of financial products/services and related conduct risk, ethics, and controls
