Flywire

Compliance Manager

Flywire

full-time

Posted on:

Location Type: Remote

Location: Canada

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Salary

💰 CA$75,000 - CA$95,000 per year

About the role

  • Monitoring relevant Canadian regulatory developments, particularly as they relate to payments regulation, consumer protection, money service business and fintech laws generally
  • Supporting the Global Payments team on ongoing bank and payment partner management, including explaining our global Legal, Compliance and Regulatory framework and conducting onsite visits if needed
  • Assisting with analysis and introduction of new products and services
  • Managing Canadian Regulator and Law Enforcement relationships and interactions, if any
  • Reviewing the regulatory environment for Flywire’s suite of services, determining if licensure or additional permissions are required or an exemption applies (and under what circumstances)
  • Building and maintaining needed Canadian AML/CTF programs, policies and procedures
  • Assisting the Global AML/CTF compliance operations team, including sanctions screening, transaction monitoring, fraud monitoring and KYC
  • Managing the regulatory reporting (EFTR, STR) and response process, by ensuring clear allocation of responsibilities for regularly scheduled and ad hoc filings, and maintaining a repository of prior filings and information used to respond to regulatory inquiries or consultations
  • Coordinate and develop presentations, responses and reporting to management, regulators, clients, FI Partners and governing bodies, as required
  • Assist with development of internal communications, presentations, and training materials
  • Conducting regulatory reviews and due diligence on potential business acquisition targets, as required
  • Maintain documentation on regulatory requests supported and responses provided
  • Support additional Risk Governance projects and initiatives as needed
  • Support global artificial intelligence development as it relates to AML/CTF and sanctions regulations
  • Drive and own the regulatory compliance aspects of our business in Canada and advise on AML regulations
  • Localize and administer an AML/CFT compliance program and maintain a risk assessment to comply with applicable local requirements -- including transaction monitoring functions
  • Work on various projects and miscellaneous issues both in Canada and globally such as partner KYC audits, client onboarding, and product enhancements
  • Create insights on regulatory and supervisory topics for effective business response and mature risk governance practices

Requirements

  • 5-10 years of work experience with a university degree, or at least 8 years of relevant work experience
  • 8+ years of relevant experience in certain of the following functions: Anti-Money Laundering, Corporate/Risk Governance, Risk Management, Compliance, Audit, Regulatory Management, Legal or related areas
  • Capable of comfortably leading meetings, delivering presentations and interact with all hierarchy levels
  • Able to pursue multiple initiatives simultaneously
  • Experience with regulations and guidelines related to payments networks, financial institutions, digital payments industry, including emerging payment system regulation/supervision
  • Data driven and experience with analytics
  • Experience preparing/reviewing/delivering executive level communications
  • Experience in payments/banking or related segments, or alternately, good understanding of payments business and associated risks
  • Excellent written and verbal communications skills
  • Fluent in English (verbal and written). French (Canadian) would be a plus
Benefits
  • Competitive compensation
  • Employee Stock Purchase Plan (ESPP)
  • Flying Start - Our immersive Global Induction Program (Meet our Execs & Global Teams)
  • Wellbeing Programs (Mental Health, Wellness, Yoga/Pilates/HIIT Classes)
  • Competitive time off including FlyBetter Days to volunteer in your community and Digital Disconnect Days!
  • Great Talent & Development Programs (Managers Taking Flight – for new or aspiring managers!)
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
Anti-Money LaunderingRisk ManagementComplianceRegulatory ManagementData AnalyticsTransaction MonitoringFraud MonitoringKYCRegulatory ReportingPayments Regulation
Soft Skills
LeadershipPresentation SkillsCommunication SkillsOrganizational SkillsMultitaskingInterpersonal SkillsAnalytical SkillsCollaborationProblem SolvingClient Interaction