Who We Are
The world is moving towards instant digital payments and TabaPay is leading the way. We help thousands of Fintechs in the US and Canada instantly move money in and out of accounts and we are actively expanding into other countries. Our customers represent the hottest verticals in the financial service industry such as neobanks, challenger brokers, gaming and wallets. TabaPay is a highly profitable rocketship that processes billions of dollars each year. To learn more visit www.tabapay.com.
What You'll Do:
- Reports to the Chief Compliance Officer for the enterprise
- Compliance role that is fully dedicated to our licensed, Canadian subsidiary and oversees MSB-related activity
- Key position in the organization, requiring a highly ethical individual who can manage sensitive information and make critical decisions to safeguard the integrity of the company and its financial system
- Exciting opportunity to work in a start-up environment
Who You Are:
- Maintain an understanding of changes in AML laws and regulations and adapt company practices accordingly
- Educate and advise management on compliance issues, trends, and emerging threats related to money laundering and financial crimes
- Assist with development and delivery of AML compliance training programs for staff
- Assist in the development and implementation of policies, procedures, and controls to ensure compliance with applicable regulations
- Assist with process improvements and workflow developments to ensure compliance with internal policy, banking, and federal requirements
- Investigate suspicious transactions and activities, including working with internal teams, law enforcement, and other financial institutions
- File Suspicious Transaction Reports as required, ensuring that filings are timely, accurate, and comply with regulatory guidelines
- Prepare and submit required regulatory reports to FINTRAC and other appropriate authorities
- Monitor and review customer transactions for suspicious activity, including structuring, large cash transactions, and unusual patterns
- Conduct and draft risk assessments to identify typologies, emerging trends and patterns, and high-risk activities
- Utilize transaction monitoring software and tools to detect suspicious transactions and initiate investigations
- Oversee compliance with Retail Payment Activities Act (“RPAA”) requirements both during the 2025 registration process and ongoing
- Maintain MSB registration(s) for the Canadian entity
- Serve as the primary point-of-contact and project manage federal regulators, audits, and exams, for the regulated entity
- Assist with business registrations and ongoing maintenance
- Must be able to work well with various people in different departments and think proactively
- Must be able to multi-task, work well under pressure, balance priorities, and meet deadlines
- Exceptional attention to detail and organizational skills are critical and essential; responsiveness is imperative
- Excellent communicator both internally and externally, with ability to break down complex regulatory requirements into easy-to-understand and practical guidance
- Other projects as assigned by the CCO
Skills, knowledge, and abilities:
- Being fluent in both English and French is preferred
- Bachelor’s Degree in finance, business, criminal justice, or a related field
- CAMS (Certified Anti-Money Laundering Specialist) certification is highly preferred; other relevant certifications may be considered
- Demonstrated experience in Canadian regulatory compliance, banking, payments, and lending
- Minimum 5 years of experience in Canadian AML compliance, preferably within the banking and/or money transmission industry
- Experience working with FINTRAC and other related financial crime prevention regulations
- Familiarity with RPAA
- Ability to exhibit flexibility and work in a fast-paced environment is critical
The pay range for this position is $108,000 - $130,000 CAD; however, base pay offered may vary depending on job-related knowledge, skills, and experience. In addition to a full range of medical, financial, and/or other benefits, dependent on the position offered.
Benefits
TabaPay offers the following benefits:
- 100% employer-paid health care insurance including medical, dental, vision, and life insurance (for employee only)
- Employer 401K Matching
- Generous and Flexible PTO
EEO Employer: TabaPay is an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or any other protected classification.
