Developing, enhancing and maintaining an effective compliance program for Bambora, North America is the name of the game in this role. The scope of the role ranges from anti-money laundering, privacy and rules associated with credit card industry and sales practices. More specifically, it includes:

  • Offering guidance related to risk and compliance to business strategies as the subject matter expert
  • Serving as a primary resource and point of contact for compliance matters
  • Understanding and maintaining awareness of applicable Canadian and American regulations including Anti-
  • Money Laundering, Economic Sanctions, Privacy (PIPEDA, PIPA & FIPPA) and Anti-Spam (CASL) and others
  • Being familiar with Third Party Agent and PCI Compliance as applicable to merchant processing obligations
  • Understanding and maintaining awareness of applicable compliance policies, Standards, and Programs
  • Managing the North America AML and Privacy Training Programs
  • Providing guidance to various departments, understanding the businesses’ product or service to assess the impact and applicable policy requirements
  • Identifying, investigating and escalating “red flags” or issues where a level of exposure may exist such as AML, Privacy or Card Scheme violation
  • Presenting monthly compliance updates for the leadership team
  • Escalating areas of non-compliance and ensuring that compliance risks are adequately identified, assessed, monitored, and reported; including working with stakeholders to ensure corrective action plans are implemented
  • Liaising with acquirers and internal/external auditors on AML and other compliance audits and related matters
  • Educating and communicating compliance awareness to stakeholders through guidance, training, and bulletins
  • Proactively monitoring the legal and regulatory environment to stay abreast of developments which could impact the business
  • Maintaining and updating, as required, policy changes and business/compliance program documentation
  • Developing and implementing effective oversight testing and monitoring
  • Conducting compliance reviews, tracking against deficiencies and areas of vulnerability
  • Creating and following an annual compliance plan; tracking and reporting key deliverables and milestones

Who we are looking for:

We need an organized and detail oriented self-starter who can hustle, and is comfortable functioning with minimal supervision. More specifically, we are looking for someone who has the following attributes:

  • 5+ years work experience in the payments industry, financial services or related field; with at least 3 years experience in a compliance, legal or audit role
  • Sound understanding of AML, Privacy and Anti-spam legislation in Canada and their US equivalents
  • Experience with payments industry requirements including Canada Payments, FCAC Code of Conduct, VISA, MasterCard and other card scheme rules
  • An understanding of regulatory and operational risks and controls and the ability to independently conduct compliance reviews of products and processes
  • Superior analytical and risk assessment skills
  • A strong team player with well-developed leadership qualities
  • Excellent interpersonal skills and a demonstrated ability to establish rapport with everyone from sales and support to the leadership team and external auditors
  • Excellent written and verbal communication skills with the ability to deliver effective presentations to various stakeholders

To apply for this job please visit the following URL: http://career.bambora.com/jobs/43397-compliance-officer →

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