Compliance (AML) Coordinator

Toronto, Ontario, Canada

Department:

Compliance

Work Location:

Hybrid

Position Type:

Full-time

About XTM

XTM is one of Canada's disruptive fintech leaders focused on creating alternative, innovative payment solutions for Canadian, US and Global businesses.


We are a registered MSB (Money Services Business)


What We Offer
  1. Comprehensive health benefits

  2. Advancement opportunities

  3. Competitive wages

  4. A chance to work with a winning team

  5. Fun and supportive atmosphere

  6. Profit share

  7. Remote working


Purpose

As a Compliance (AML) Coordinator at XTM, you will report directly to the Chief Compliance Officer. Your main priority will be to provide the Compliance department with the required support. You will act as a Compliance Coordinator for multiple compliance related initiatives and projects. Throughout your position you will work closely with all internal departments, and occasionally external partners, to complete your assigned tasks. To be successful in this role, you will possess the skills to provide services that meet quality and timeline standards to ensure operational effectiveness within the organization and office. You will deal with sensitive and/or confidential information that requires the ability to apply best practices and sound judgement when dealing with such information. The successful candidate will be joining a collaborative team that encourages and fosters positive workplace culture and values highly engaged employees. You will perform duties including but not limited to:


Accountabilities
  1. Supporting the Compliance Team in all their activities

  2. Creating and updating guidelines, policies based on regulatory requirements

  3. Assisting with and enhancing AML policies and practices, and monitoring

  4. Monitoring regulatory developments

  5. Assisting with interpreting and implementing new and modified regulations

  6. Taking the lead, with support, in sharing knowledge and educating on regulatory requirements

  7. Tracking and reviewing adherence to regulations and ensuring good compliance governance within the business

  8. Taking part in development projects for new products and services

  9. Preparing, implementing, and maintaining compliance plans

  10. Preparing and coordinating internal and external reports

  11. Taking the lead on the onboarding/KYC process for new clients

  12. Monitoring our banking partnership contract obligations

  13. Willingness to learn USA AML/ATF laws and support the business with US Compliance activities

  14. Communication with Clients during onboarding, due diligence, and ongoing monitoring procedures Adhoc audits of client records

Required experience, knowledge and skills:
  1. 2+ years proven experience in Fintech and Compliance space

  2. Passionate about AML/ATF

  3. Working with cross functional, virtual or dispersed teams

  4. Capacity for collaboration with every level of the organization from entry level to C-Suite

  5. Strong communications skills including written materials and interpersonal exchanges with a willingness to develop oral communication and formal presentation skills

  6. Ability to coordinate multiple teams, issues and deliverables concurrently

  7. Creative problem solving

  8. Ability to work independently and with colleagues from various locations and time zones

  9. Capability to prioritize, working effectively on multiple tasks to produce accurate, timely results

  10. Confidence in bringing new ideas and concepts to an environment where structure, processes and culture are emerging and evolving over time

  11. Strong attention to detail

  12. Familiar with Microsoft Office Suite and Hubspot CRM


Nice to haves:
  1. Knowledge of Card products (credit & prepaid) are considered an asset.


Other Details

As a fintech company, XTM is responsible for highly sensitive information. Please note that any job offer will be conditional upon the completion of a satisfactory background check, but not limited to, criminal, credit and employment reference checks XTM welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.