The ideal candidate will have a strong understanding of Canadian AML regulations and a proven track record of delivering excellence. This role is essential in ensuring that our organization remains compliant with all applicable regulations while maintaining customer relationships. Key Responsibilities:
- Monitor and review new applications to ensure they fall within nanopay’s risk tolerance and meet KYC/KYB methodology standards;
- Liaise with clients to acquire additional information as, and when, required;
- Monitor client transactions and activities screen transactions and to identify potential fraud, money laundering, terrorist financing, or other suspicious activity and perform first line investigations as and when required;
- Conduct risk assessments (CRR) thorough standard due diligence, customer due diligence (CDD) and enhanced due diligence (EDD) on individuals, corporations, and other legal entities;
- Maintain accurate and up-to-date client information within our internal systems, ensuring adherence to recordkeeping and data privacy requirements;
- Monitor and assist in various operations activities including, rejected transactions, customer exceptions, queries and investigations;
- Understand the business impact of escalated incidents and service requests;
- Monitor service levels and action necessary tasks to ensure agreed SLAs are met. Suggest and implement agreed changes where necessary to improve the quality within the department;
- Collaborate closely with other departments including Compliance, Technology and Sales teams to communicate KYC requirements and provide guidance on the initial standard due diligence and ongoing monitoring of clients;
- Assess and complete various internal reports and forms (e.g. Unusual Transaction Reports and statistical reports);
- Preparation and submission of regulatory reports and internal management reports on Compliance and Operations;
- Remaining abreast of new guidance and updates from regulatory/industry partners, e.g., FINTRAC; and
- Stay informed on industry best practices and emerging trends in AML and Sanctions.
Who are you?
- Bachelor's degree in Finance, Business Administration, Law, or a related field.
- Minimum of 1 year of experience in a FinCrime role within the financial services, payments, or a related industry.
- Strong knowledge of KYC/AML regulations from FINTRAC including interpretation of the PCMLTFA, understanding FATF guidance, and other relevant laws and regulatory guidance.
- Familiarity with various types of clients and legal structures, including individuals, corporations, trusts, and partnerships.
- Understanding of payments landscape domestically and internationally
- Proficient in using Google Workspace applications, and experience with KYC/AML software or tools is a plus.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong attention to detail and the ability to work independently and within a team environment.
- Effective communication and interpersonal skills, with the ability to convey complex information clearly to both technical and non-technical audiences.
- Must be willing to work on weekends and Canadian Holidays and be flexible to work overtime from time to time.
- Willingness to crosstrain on multiple projects and clients with a learning mindset.
- Comfort to work in a Hybrid working environment.
Disclaimer: nanopay Corporation invites applications from all qualified candidates. nanopay Corporation is committed to employment equity and diversity in the workplace and welcomes applications from women, visible minorities, Aboriginal peoples, persons with disabilities, and persons of any sexual orientation or gender identity. The personal data to be collected is only used for internal recruitment purposes, restricted to nanopay Corporation and its relevant employees. Should an applicant wish to remove their data from our files, please do so by deleting your account at anytime.
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