MLRO Director (Canada)

Insight Global is looking for a Regulatory Compliance and MLRO Director (Canada).

Responsibilities:
• Develop and manage Financial Crime and AML methodology to manage all sources of regulatory risk to ensure adherence to FINTRAC regulations under the PCMLTFA.
• Monitor any changes to FINTRAC regulations and AML/CTF laws, ensuring the organization promptly adapts its policies and procedures accordingly. 
• Act as the primary point of contact with FINTRAC and other regulatory bodies for AML/CTF matters. 
• Identify control gaps and lead the implementation of control enhancements to include AML, OFAC, and Regulatory Compliance. 
• Develop country specific risk assessment highlighting control gaps. 
• Build up compliance oversight and testing activities as per regulatory and governance requirements and issue internal reports to Senior Management (AML/CTF internal control report, Fraud, periodic internal reports etc.) 
• Act as a subject matter expert for the business and management on compliance-related matters in Canada, US, and Latin America. 
• Review and approve high risk business for institutional clients from the Americas Region (including financial institutions and Banking as a Service Clients). 
• Lead AML external audits and support on bank partner requests. 
• Lead the risk assessment process to identify, assess, and manage the organization’s AML/CTF risks, including assessing product, service, customer, and geographic risk factors.
• Ensure timely and accurate filing of FINTRAC reports, such as Suspicious Transaction Reports (STRs), Large Cash Transaction Reports (LCTRs), and Electronic Funds Transfer (EFT) Reports in accordance with legal deadlines.
• Provide advisory support to improve and streamline end to end compliance operational processes and systems through automation and technology. 
• Lead the roll out and ongoing management of the Compliance Training Framework. 
• Manage and contribute to the Compliance Committee. 
• Participating in Compliance or business-driven projects, including regulatory developments and strategic initiatives. 
• Own, build, and maintain the Retail Payment Activities Act (RPAA) compliance program, including end-to-end program development, regulatory reporting obligations, and ongoing ownership of regulatory requirement updates and change management.
• Own, build, and maintain the Payment Service Provider (PSP) compliance program, including program infrastructure, regulatory reporting, and full lifecycle ownership of evolving PSP regulatory obligations and supervisory expectations.
• Lead the operationalization of Stablecoin-related compliance requirements, including development of policies, controls, and reporting frameworks aligned with applicable regulatory guidance and emerging legislative developments.
• Oversee and manage significant regulatory and independent program audits, including examination preparation, response coordination, findings remediation, and validation of corrective action plans to closure.
We can pay $75/hour.

We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com.To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/.

Qualifications:
• 12-15 years of experience (minimum) within regulated companies, in senior compliance role(s) with robust knowledge on Compliance topics (KYB / KYC, AML/CFT, Sanctions, PSP, RPAA, etc).
• Prior experience as a Canadian Money Laundering Reporting Officer (MLRO).
• Deep understanding of the regulatory environment of the Payments/Fintech industry. 
• Knowledge and experience (preferably within Payments/Fintech) in Canada and wider North American region. 
• ACAMS/CRCM certified (preferably) or other directly applicable professional certification
• Experience with correspondent banking, banking as a service, and Financial Institution clients from the Americas region. 
• Strong analytical skills with experience in problem solving and being able to implement and deliver solutions. 
• Demonstrate clear sense of accountability in performing the role and a positive demeanour. 
• Ability to identify risks, control gaps, inefficiencies, see the bigger picture, challenge the current status quo and define scalable and sustainable processes and methodology. 
• Ability to lead end to end process and control improvements cross functionally and across various regions. 
• Able to prioritize quickly and meet deadlines even under pressure. 
• Strong stakeholder management and communication skills. 
• Team player with strong collaborative qualities, including some previous experience (or willingness) to build, lead and motivate a team. 
• Ability to communicate in fluent spoken and written English.
• Demonstrated experience building and managing an RPAA compliance program, including regulatory reporting, program governance, and ownership of ongoing FINTRAC/RPAA regulatory requirement changes and obligations.
• Demonstrated experience building and managing a PSP compliance program, including program development, reporting frameworks, and full ownership of PSP regulatory compliance obligations and supervisory requirements.
• Significant experience working with and engaging regulators and managing and leading regulatory examinations and independent program audits, including audit preparation, findings management, program remediation planning, and validation of corrective actions through to closure.

Benefit packages for this role will start on the 1st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.