Operations And Compliance Analyst

The ideal candidate will have a strong understanding of Canadian AML regulations and a proven track record of delivering excellence. This role is essential in ensuring that our organization remains compliant with all applicable regulations while maintaining customer relationships. Key Responsibilities:

• Monitor client transactions and activities screen transactions and to identify potential fraud, money laundering, terrorist financing, or other suspicious activity and perform first line investigations as and when required;
• Remaining abreast of new guidance and updates from regulatory/industry partners, e.g., FINTRAC; and
• Collaborate closely with other departments including Compliance, Technology and Sales teams to communicate KYC requirements and provide guidance on the initial standard due diligence and ongoing monitoring of clients;
• Conduct risk assessments (CRR) thorough standard due diligence, customer due diligence (CDD) and enhanced due diligence (EDD) on individuals, corporations, and other legal entities;
• Monitor and assist in various operations activities including, rejected transactions, customer exceptions, queries and investigations;
• Assess and complete various internal reports and forms (e.g. Unusual Transaction Reports and statistical reports);
• Preparation and submission of regulatory reports and internal management reports on Compliance and Operations;
• Monitor and review new applications to ensure they fall within nanopay’s risk tolerance and meet KYC/KYB methodology standards;
• Understand the business impact of escalated incidents and service requests;
• Liaise with clients to acquire additional information as, and when, required;
• Stay informed on industry best practices and emerging trends in AML and Sanctions.
• Maintain accurate and up-to-date client information within our internal systems, ensuring adherence to recordkeeping and data privacy requirements;
• Monitor service levels and action necessary tasks to ensure agreed SLAs are met. Suggest and implement agreed changes where necessary to improve the quality within the department;

Who are you?

• Proficient in using Google Workspace applications, and experience with KYC/AML software or tools is a plus.
• Must be willing to work on weekends and Canadian Holidays and be flexible to work overtime from time to time.
• Bachelor's degree in Finance, Business Administration, Law, or a related field.
• Excellent analytical, problem-solving, and decision-making skills.
• Effective communication and interpersonal skills, with the ability to convey complex information clearly to both technical and non-technical audiences.
• Strong attention to detail and the ability to work independently and within a team environment.
• Strong knowledge of KYC/AML regulations from FINTRAC including interpretation of the PCMLTFA, understanding FATF guidance, and other relevant laws and regulatory guidance.
• Understanding of payments landscape domestically and internationally
• Comfort to work in a Hybrid working environment.
• Minimum of 1 year of experience in a FinCrime role within the financial services, payments, or a related industry.
• Willingness to crosstrain on multiple projects and clients with a learning mindset.
• Familiarity with various types of clients and legal structures, including individuals, corporations, trusts, and partnerships.

Disclaimer: nanopay Corporation invites applications from all qualified candidates. nanopay Corporation is committed to employment equity and diversity in the workplace and welcomes applications from women, visible minorities, Aboriginal peoples, persons with disabilities, and persons of any sexual orientation or gender identity. The personal data to be collected is only used for internal recruitment purposes, restricted to nanopay Corporation and its relevant employees. Should an applicant wish to remove their data from our files, please do so by deleting your account at anytime.

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