Compliance Specialist, Finance & Banking

Loop is a fast-growing Fin Tech high growth startup that enables businesses to seamlessly manage money around the world so our clients can access more markets, accelerate their growth and simplify their operations with the only truly cross-border banking platform. Loop is enabling the next generation of businesses to thrive around the world and we are looking for ambitious people to join our mission.

Hi, I'm Michael, Head of Compliance, at Loop and I am hiring a Compliance Specialist to oversee Loop’s regulatory compliance requirements, our anti-money laundering (AML), financial crimes prevention and working alongside our banking partners.

This role is an onsite position at our downtown Toronto office (Adelaide and Spadina).

Loop is a fast-growing Fin Tech high growth startup that enables businesses to seamlessly manage money around the world so our clients can access more markets, accelerate their growth and simplify their operations with the only truly cross-border banking platform. Loop is enabling the next generation of businesses to thrive around the world and we are looking for ambitious people to join our mission.

We are seeking a motivated and detail‑oriented Compliance Specialist to join our compliance team. This is an exciting opportunity for someone early in their career who is passionate about Anti-Money Laundering (AML), financial crime prevention, and regulatory compliance. This position is newly created to support our continued growth in the compliance team.

In this role, you will support the Head of Compliance in day‑to‑day monitoring, investigations, and reporting activities, ensuring we meet the highest standards of compliance with our banking partners and regulators.

• Conduct Level 1 (L1) AML investigations for potential suspicious activity.
• Perform transaction monitoring and escalate cases as necessary.
• Carry out identity screening and other due diligence checks.
• Handle requests from banking partners in a timely and accurate manner.
• Support the preparation of reports for submission to banking partners and, where applicable, regulatory bodies (e.g., FINTRAC, Bank of Canada).
• Support customer verification processes (KYC, KYB, AML and other reviews).
• Work closely with the Head of Compliance, who will act as the primary escalation point.
• Maintain accurate and thorough documentation of all investigations and actions taken.
• Work with the Customer Operations and Support teams to meet customer needs (collecting documents for payment screenings etc).

• 1–3 years of relevant experience in AML, compliance, credit risk, or financial crime prevention.
• Basic understanding of AML and Sanctions regulations, watchlist screening, transaction monitoring systems, and customer due diligence processes.
• A genuine interest in AML, compliance and risk management.
• Hungry to learn, proactive, and committed to professional growth.
• Attention to detail and strong analytical skills.
• Hands‑on AML experience is strongly preferred, but experience in related areas such as credit or risk teams will also be considered.
• Highly organized with excellent time management and follow-through.
• Self‑starter who can work independently, take ownership, and drive results without constant oversight.
• Adaptable and proactive, with the ability to juggle multiple priorities in a fast‑moving environment.
• Fluency in English.
• Proficiency in Google Suite tools, Excel, and CRM tools (Salesforce or similar).

• Real responsibility with strong career growth opportunities from day one in a critical role at a high‑growth fintech startup.
• Work in a high‑impact role that directly contributes to protecting the business from financial crime.
• Gain hands‑on experience across investigations, monitoring, reporting, and KYC.
  • Be mentored by an experienced Head of Compliance and grow your skillset in a dynamic, supportive environment.
• A collaborative, friendly team and vibrant startup culture where your work makes a visible impact.
• As the company grows, your role will evolve with greater responsibility and play a key role in shaping our…