Senior Manager - Regulatory Compliance & Deputy MLRO

Nium, Global Leader in Payments

Nium, the global leader in real-time, cross-border payments, was founded on the mission to deliver the global payments infrastructure of tomorrow, today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs, and businesses everywhere collect, convert, and disburse funds instantly across borders.

Its payout network supports 100 currencies and spans 220+ markets, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 35 markets. Nium's growing card issuance business is already available in 34 countries. Nium holds regulatory licenses and authorizations in more than 40 countries, enabling seamless onboarding, rapid integration, and compliance – independent of geography.

The company is co-headquartered in San Francisco and Singapore.

As the Senior Manager of Regulatory Compliance & Deputy Money Laundering Reporting Officer, you will play a key role within Nium's Regulatory Compliance team, supporting the management of regulatory obligations and financial crime prevention initiatives to support the compliance program in Canada. You will work closely with the Director of Regulatory Compliance and MLRO and contribute to ensuring full compliance with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and related FINTRAC regulations, as well as PSP, RPAA, and provincial/other national compliance requirements.

You will manage client onboarding processes, oversee transaction monitoring activities, and lead the detection and prevention of financial crime including money laundering and terrorist financing.

• Support the development and implementation of Financial Crime and AML methodology to manage regulatory risk and ensure adherence to FINTRAC regulations under the PCMLTFA.
• Monitor changes to FINTRAC regulations and AML/CTF laws, ensuring the organization promptly adapts its policies and procedures.
• Serve as a key contact with FINTRAC and other regulatory bodies on AML/CTF matters, supporting the Director's engagement with regulators.
• Identify control gaps and lead the implementation of control enhancements in AML, OFAC, and Regulatory Compliance.
• Support the development of country-specific risk assessments and identify control gaps and remediation plans.
• Support compliance oversight and testing activities and oversee internal reporting on AML/CTF internal controls, fraud, and periodic compliance matters.
• Act as a subject matter expert for the business and management on compliance-related matters in Canada.
• Review and approve high-risk business for institutional clients in Canada, including financial institutions and Banking as a Service Clients.
• Support external audits (AML, RPAA, etc.) and coordinate responses to bank partner requests.
• Lead the risk assessment process to identify, assess, and manage the organization's AML/CTF risks across product, service, customer, and geographic dimensions.
• Ensure timely and accurate filing of FINTRAC reports, including Suspicious Transaction Reports (STRs) and Electronic Funds Transfer (EFT) Reports in accordance with legal deadlines.
• Support advisory initiatives to improve and streamline compliance operational processes and systems through automation and technology.
• Support the rollout and ongoing management of the Compliance Training Framework.
• Participate in Compliance or business-driven projects, including regulatory developments and strategic initiatives.
• Support the Retail Payment Activities Act (RPAA) compliance program, including regulatory reporting obligations, safeguarding controls, and ongoing ownership of regulatory requirement updates and change management.
• Support the Payment Service Provider (PSP) compliance program, including program infrastructure, regulatory reporting, and lifecycle of evolving PSP regulatory obligations and supervisory expectations.
• Support the operationalization of Stablecoin-related compliance requirements, including development of policies, controls, and reporting frameworks aligned with applicable regulatory guidance and emerging legislative developments.
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