Senior Crypto Compliance Analyst

What We Need

Corpay is currently looking to hire a Senior Crypto Compliance Analyst within our Cross Borders division. This position falls under our Payments line of business and is located in Toronto, Canada. In this role you will lead the end-to-end AML/KYC due diligence for onboarding, periodic reviews, and trigger event reviews of Financial Institutions (FIs), Money Services Businesses (MSBs), Electronic Money Institutions (EMIs), Fin Techs , Virtual Asset Service Providers (VASPs), and other high-risk clients.

Perform comprehensive Enhanced Due Diligence (EDD) by assessing the client's business model, ownership structure, regulatory status, AML/CTF framework, and overall risk profile .

You will report into the Compliance Team Lead and work closely with other teams in the business.

As a Senior Crypto Compliance Analyst, Corpay will set you up for success by providing:

• Assigned workspace in the Toronto office
• Formal, hands-on training

• Analyzing complex financial services and digital asset business models, including but not limited to:
  Cryptocurrency exchanges (centralized and decentralized), Stablecoin issuers, Custodians and wallet providers, OTC trading desks, Payment processors, Crypto payment gateways, On-ramp /off-ramp providers, Blockchain infrastructure providers, Token issuers and DeFi-related businesses .
• Understanding and evaluate digital asset ecosystems, transaction flows, source of funds, source of wealth, custody models, wallet architecture, blockchain analytics, and exposure to high-risk activities.
• Reviewing and assess AML/CTF policies, sanctions compliance frameworks, independent audit reports, regulatory examination reports, risk assessments, and governance documentation to determine the effectiveness of a client's compliance program.
• Assessing regulatory licensing and registrations across multiple jurisdictions and validate licenses through relevant regulatory authorities where applicable.
• Evaluating beneficial ownership structures, complex corporate arrangements, trusts, foundations, SPVs, nominee arrangements, and layered ownership structures.
• Conducting detailed adverse media analysis, sanctions screening, PEP reviews, regulatory enforcement reviews, and reputational risk assessments using internal and external intelligence sources.
• Identify ingfinancial crime risks including money laundering, terrorist financing, sanctions evasion, fraud, bribery and corruption, human trafficking, ransomware, darknet exposure, mule activity, and other emerging typologies.
• Assessing transaction flows and payment structures to identify third-party payment risk, nested relationships, correspondent banking exposure, payable-through arrangements, virtual asset risks, and indirect exposure to prohibited activities.
• Evaluating clients against internal risk appetite and regulatory expectations, identify mitigating controls, recommend appropriate conditions or restrictions, and document clear risk-based recommendations.
• Preparing comprehensive risk assessments and recommendations for senior management, Compliance Committees, and executive approval for high-risk clients and complex business models.
• Acting as a subject matter expert (SME) for Financial Institutions, MSBs, Fin Techs , and Digital Asset businesses by providing guidance to Compliance, Sales, Legal, Treasury, Operations, and other internal stakeholders.

• University degree or equivalent professional experience.
• 4+ years of experience in AML/KYC, Financial Crime Compliance, or Financial Institution onboarding, involving FIs, MSBs, EMIs, Fin Techs , or Digital Asset businesses.
• Strong knowledge of AML/CTF, sanctions, anti-bribery and corruption (ABC), and financial crime regulations and industry best practices.
• Advanced understanding of Financial Institution business models including correspondent banking, payment processors, MSBs, money transmitters, PSPs, EMIs, broker-dealers, trust companies, and payment facilitators.
• Strong understanding of digital asset and blockchain ecosystems, including cryptocurrency exchanges, stable coins, wallets, custody solutions, DeFi, tokenization, blockchain…