Compliance Officer – Money Services Business (MSB)
Job Type: Full-Time
Location: Toronto, Ontario
Department: Compliance
Industry: Financial Services / Money Services Business (MSB)
Job Summary
We are seeking a detail-oriented and responsible Compliance Officer to join our team. The successful candidate will support the company's AML/ATF Compliance Program and ensure that customer information, transactions, and records comply with applicable FINTRAC and Canadian regulatory requirements.
Key Responsibilities
· Conduct KYC, Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) reviews.
· Review customer identification, source of funds, purpose of transactions, and supporting documentation.
· Monitor transactions and identify unusual or potentially suspicious activity.
· Conduct sanctions, PEP, and adverse media screening.
· Review transaction records to ensure all required information is complete and accurate in internal systems.
· Assist with preparation and submission of applicable FINTRAC reports, including STRs, LCTRs, and EFTRs.
· Investigate compliance alerts and escalate potential risks appropriately.
· Maintain accurate compliance records and supporting documentation.
· Assist with internal compliance reviews, audits, and quality-control processes.
· Support the development and updating of compliance policies and procedures.
· Assist with employee training on KYC, AML, sanctions, and compliance requirements.
· Work closely with Sales, Operations, and Finance teams to resolve compliance issues.
Qualifications
· Fluency in Persian is required
· Previous experience in Compliance, AML, KYC, banking, financial services, or MSB/currency exchange is preferred.
· Good understanding of FINTRAC and Canadian AML/ATF requirements.
· Strong analytical and investigative skills.
· Excellent attention to detail and accuracy.
· Strong organizational and communication skills.
· Ability to handle confidential information with discretion.
· Proficiency in Microsoft Office, particularly Excel and Word.
· CAMs or other compliance certification is an asset.
What We Are Looking For
The ideal candidate is honest, detail-oriented, analytical, organized, and proactive, with strong judgment and the ability to identify and escalate compliance risks.
If you are interested in developing your career in AML and financial compliance within a professional MSB environment, we would like to hear from you.
What We Offer
· Full-time employment in a professional financial-services environment.
· Opportunity to develop expertise in AML, KYC, FINTRAC compliance, and financial crime prevention.
· Training and professional development opportunities.
· Opportunity to work closely with Compliance, Sales, Operations, and Finance teams.
· A professional and collaborative working environment.
· How to Apply
· Interested candidates are invited to apply through Indeed and submit their resume for consideration.
· Alternatively, resumes may be sent directly to:
· Email: [email protected]
· Please include “Compliance Officer – Application” in the subject line of your email.
· Only selected candidates will be contacted for an interview.
Pay: $40,000.00-$100,895.37 per year
Work Location: In person
