AML Regulatory Compliance Lead

About Shakepay:

Shakepay is at the forefront of rethinking financial services to provide every Canadian with fair and bitcoin-friendly options that are secure and rewarding. Established in 2015, Shakepay has rapidly grown to become one of Canada's prominent financial institutions. With substantial backing from leading venture funds, having secured over $44M in funding, Shakepay is trusted by more than a million Canadians. Individuals who join Shakepay are actively shaping a future of financial liberation, opportunities, and prosperity for all Canadians.

Position Overview:

We are in search of an adept AML Regulatory Compliance Lead to play a pivotal role in overseeing and managing our Anti-Money Laundering (AML) regulatory compliance program. The ideal candidate will ensure strict adherence to AML, Counter-Terrorism Financing, and sanctions regulations, aligning with the obligations of money services businesses and securities entities. This role entails a profound understanding of AML regulations, superb communication skills, and the capacity to collaborate across various departments to institute effective compliance strategies.

Roles and Responsibilities:

• Oversee the entire AML compliance program, ensuring adherence to AML, CTF, and sanctions regulatory stipulations while complying with the obligations of money service businesses, securities dealers, as well as retail and business customers.
• Develop and sustain AML policies and procedures, keeping them current to reflect evolving regulatory standards and best practices.
• Collaborate with pertinent stakeholders to develop and implement AML risk assessments in accordance with regulatory duties, identifying potential risk areas and suggesting and executing mitigation strategies.
• Aid in managing regulatory examinations, coordinating responses, and ensuring timely provision of all required documentation and information.
• Deliver AML training at all levels within the organization to ensure comprehensive understanding of AML requirements and foster a compliance-oriented culture.
• Monitor and oversee the completion of corrective actions derived from internal and external audits, regulatory examinations, or other compliance evaluations.
• Assist in ensuring regulatory compliance across various projects and initiatives within the organization, offering guidance and expertise on AML matters as needed.
• Manage and respond to production and other court orders when necessary.
• Act as a subject matter expert on crypto-related regulatory risks, staying abreast of industry developments.

Desired Qualifications:

• Professional certification such as CAMs or CFE.
• A minimum of 4 years of AML compliance experience within the financial services field, demonstrating a comprehensive understanding of AML regulations and requirements.
• Proven history of devising and implementing AML policies, procedures, and training programs.
• Proficiency in conducting AML risk assessments and handling examinations.
• Exceptional communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and regulatory bodies.
• Strong analytical problem-solving capabilities with acute attention to detail.
• Ability to work independently, prioritize tasks, and manage multiple projects concurrently.
• Prior team management experience in the crypto and AML sectors is vital.
• Advanced knowledge and familiarity with Bitcoin and Crypto-Assets.
• Prior experience with Chainalysis will be beneficial.

Reasons to Join Shakepay:

• Participate in a pioneering journey within the sphere of financial innovation where Bitcoin is reshaping norms, with Shakepay leading the charge.
• Utilize opportunities of impact and scale as only 2% of Canadians are currently on Shakepay, hinting at massive growth potential.
• Enjoy competitive compensation with stock options, comprehensive benefits, and generous vacation time.
• Engage in continuous learning within a supportive environment that encourages ongoing growth and development.
• Opt to receive a percentage of your salary in Bitcoin.
• Embrace remote work from any location in Canada or from the office if based in Montreal or Toronto.

We value potential as much as experience. If you possess the drive to learn, grow, and contribute to our mission, we encourage you to apply regardless of your background or experience. Shakepay believes in providing equal opportunities to all applicants. Proficiency in English is required due to the platform's availability to all English-speaking Canadians.