Senior AML Manager

Job Description

Job Description

Job Description

Job description:

MTFX Group is a leading Canadian-owned fintech specializing in foreign exchange and global payment solutions for individual and corporate clients across North America and international markets. With 30 years of operating history and a strong regulatory standing, MTFX continues to scale its cross-border payments, FX, and embedded finance capabilities within a highly regulated global environment.

The Senior Compliance Officer is a critical leadership role within MTFX’s Compliance & Risk function. This position is responsible for the day-to-day execution, oversight, and continuous enhancement of MTFX’s AML/ATF, sanctions, and financial crime compliance framework across Canadian and U.S. regulated entities, including MTFX Inc., MTFX USA Inc., and affiliated brands such as PayMyTuition.

This role goes beyond policy maintenance. The Senior Compliance Officer serves as a hands on leader, providing operational oversight of client onboarding, KYC/KYB, transaction monitoring, and escalations, while ensuring regulatory expectations are translated into practical, defensible processes that support business growth. The role also acts as a key escalation point for compliance matters and supports regulatory examinations, audits, and ongoing program governance.

As MTFX expands its global payment rails, digital onboarding, and multi-currency offerings, the Senior Compliance Officer plays a central role in balancing regulatory rigor with commercial agility—serving as a trusted advisor to senior management, frontline teams, and regulators.

Key Responsibilities Client Onboarding & KYC/KYB Oversight

• Oversee and support the operational execution of onboarding for individual and business clients.
• Ensure KYC/KYB documentation, verification, and risk assessments are completed in accordance with internal policies and regulatory requirements.
• Review higher-risk onboarding cases, enhanced due diligence (EDD) files, and complex ownership or control structures.
• Ensure periodic and trigger-based reviews are conducted in a timely and risk-appropriate manner.

AML / ATF Program Operations

• Support the CAMLO in the ongoing operation of MTFX’s AML/ATF compliance program across Canadian and U.S. jurisdictions.
• Oversee day-to-day compliance operations, ensuring consistent application of risk-based controls across business lines.
• Identify control gaps, process inefficiencies, and operational weaknesses, and support remediation initiatives.

Suspicious Transaction & Regulatory Reporting

• Review and quality-assure Suspicious Transaction Reports (STRs / SARs), Electronic Funds Transfer (EFT) reports, and other required regulatory filings.
• Ensure reports are accurate, complete, timely, and supported by clear investigative narratives.
• Escalate significant or complex cases to the CAMLO and senior management, as appropriate.

Sanctions, PEP & Name Screening

• Oversee sanctions, PEP, and adverse media screening across onboarding and transactional activity.
• Review and disposition screening alerts, ensuring consistent escalation thresholds and defensible decision-making.
• Support calibration of screening tools, internal blocklists, and risk-scoring methodologies.

Regulatory Examinations & Audit Support

• Support preparation for and response to regulatory examinations, audits, and bank partner due-diligence reviews.
• Coordinate documentation requests, written responses, and remediation efforts.
• Track findings and ensure timely closure of remediation actions.

Policies, Procedures & Governance

• Draft, maintain, and periodically review AML/ATF, sanctions, and financial crime policies, procedures, and SOPs.
• Support AML risk assessments, compliance self-assessments, and ongoing program enhancements.
• Contribute to CAMLO, senior management, and board-level reporting on compliance risks and program effectiveness.

Cross-Functional Advisory & Training

• Act as a compliance subject-matter expert to Operations, Product, Technology, Finance, and Customer Support teams.
• Provide compliance guidance on new products, services, geographies, and strategic initiatives.
• Support delivery of compliance training to ensure staff understand AML/ATF, sanctions, and onboarding obligations.

Qualifications & Experience Required

• 5+ years of progressive experience in AML / financial crime compliance within an MSB, fintech, payments, FX, or financial services environment.
• Strong working knowledge of Canadian and U.S. AML/ATF regulatory frameworks, including FINTRAC and U.S. BSA/FinCEN requirements.
• Experience supporting multi-jurisdictional or cross-border AML compliance programs.
• Hands-on experience with KYC/KYB, ongoing monitoring, investigations, and regulatory reporting.
• Strong written and verbal communication skills, with the ability to produce regulator-ready documentation.

Professional Certification

• CAMS or CFCS strongly preferred (or required within a defined timeframe if not held at hire).
• Experience in cross-border payments, foreign exchange, or education-related payment services.
• Familiarity with U.S. state-level MSB requirements and NMLS processes.
• Experience in a senior compliance or second-line oversight role within a regulated fintech or payments organization.

Core Competencies

• Risk-based judgment and sound escalation instincts
• Strong investigative and analytical capability
• High attention to detail and documentation quality
• Ability to operate effectively in a fast-paced, regulated environment
• Professional judgment balancing regulatory expectations with business operations

Job Type: Full-time

Benefits:

• Dental care
• Extended health care
• Life insurance
• On-site parking
• Vision care

Education:

• Bachelor's Degree (preferred)

PayMyTuition is a global education payments platform serving colleges and universities across North America and internationally. We provide integrated solutions for student payments, refunds, payment plans, and international transactions. Our platform supports high-volume institutions processing millions of dollars annually, helping finance teams operate more efficiently while improving the student payment experience.

Company Description

PayMyTuition is a global education payments platform serving colleges and universities across North America and internationally. We provide integrated solutions for student payments, refunds, payment plans, and international transactions. Our platform supports high-volume institutions processing millions of dollars annually, helping finance teams operate more efficiently while improving the student payment experience.