Head of North American Compliance

Head Of North American Compliance

Location:

USA/Canada Industry: Fintech / Payments

Meet Nuvei

The world of payment processing is rapidly evolving, and businesses are looking for loyal and strategic partners, to help them grow.

Meet Nuvei, Nuvei is the global fintech building the infrastructure for every payment, everywhere. Its modular, flexible, and scalable technology enables leading companies to accept next-generation payments, offer all payout options, and benefit from card issuing, banking, risk, and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 52 markets, 150 currencies, and over 720 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally through one integration.

At Nuvei, we live our core values, and we thrive on solving complex problems. We're dedicated to continually improving our product and providing relentless customer service. We are always looking for exceptional talent to join us on the journey!

Role Overview

The Head of North American Compliance is responsible for leading and managing compliance initiatives across the United States and Canada and serving as the region's AML officer, ensuring adherence to regulatory requirements and internal policies. This role requires a deep understanding of US financial regulations and the ability to navigate complex regulatory environments. The Head of NA Compliance will serve as the primary point of contact for regulatory agencies and will be instrumental in shaping and executing the company's compliance strategy within North America.

Key Responsibilities

· AML/CTF Compliance Leadership:
Act as the primary Anti-Money Laundering (AML) and Money Laundering Reporting Officer (MLRO) for the US market, overseeing compliance with Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), government sanctions, and Politically Exposed Person (PEP) regulations.

· US Regulatory Compliance:
Ensure compliance with all applicable US regulations, including those related to consumer protection, financial crimes, and money transmission.

· Regulatory Guidance:
Provide expert advice on compliance with US regulations for various business lines, including money services businesses (MSBs), payment processing, and gaming.

· Product Compliance Oversight:
Monitor and ensure that all products and services offered in the US comply with federal and state regulatory requirements, including necessary filings and reporting.

· Risk Management & Mitigation:
Identify, assess, and manage risks associated with money laundering and financial crimes. Develop and implement robust risk mitigation strategies.

· Regulatory Audit Management:
Lead and manage all regulatory audits within the US, ensuring full cooperation with auditors and regulators to minimize compliance risks.

· Team Leadership & Development:
Lead and mentor a team of compliance professionals, fostering a culture of compliance and continuous improvement within the organization.

· Compliance Reporting:
Develop and maintain Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) specific to US compliance efforts. Regularly report on compliance status to senior leadership.

· Implementation of Group Policies:
Drive the implementation of global compliance policies within the US, ensuring alignment with local regulatory requirements.

· Training Programs:
Oversee the development and delivery of compliance training programs, including AML and CTF training, to ensure staff are well-informed and equipped to meet regulatory obligations.

· Risk Assessments:
Conduct and oversee risk assessments for the US market, ensuring all compliance risks are identified and addressed.

· Keep senior management informed of emerging regulatory developments and industry trends, ensuring timely implementation of necessary changes.

· Manage all local licensing, registration, and regulatory reporting requirements.

· Work with Compliance Teams globally to design and implement a risk-based Financial Crime and Compliance Framework, ensuring proportional controls aligned with Nuvei's international operations…