Head of Compliance (AML & Safeguarding)

Monitiva — Toronto, ON (Hybrid) · Full time

About the role

Monitiva is building cross-border payments infrastructure on the Canada–Mexico corridor (Europe next). We are a FINTRAC-registered MSB and a Bank of Canada-registered Payment Service Provider under the RPAA, safeguarding end-user funds in trust with a sponsor bank. Compliance isn't a support function here — it's our core differentiator.

We're looking for a hands-on Head of Compliance to own our entire financial-crime and safeguarding program end-to-end. This is a builder's role: on day one there is no team beneath you. You will design, draft, and stand up the program yourself, and grow into Group Head of Compliance as we activate Mexico, Latam and Europe.

What you'll own
Act as our designated Compliance Officer under the PCMLTFA (FINTRAC): risk assessment, KYC/CDD/EDD, sanctions/PEP screening, transaction monitoring, and reporting (STRs, EFTRs).
Own our RPAA / safeguarding-of-end-user-funds framework end-to-end — the highest-risk, most critical area of our operation.
Build and own the full policy suite (risk scoring, TM rules, STR procedure, CDD manual, sanctions, retention).




Be the credible compliance interface to our sponsor bank and to FINTRAC examinations.
Define and calibrate the rules of our in-house transaction-monitoring engine, working alongside our tech team; configure KYC/KYB (Sumsub) and safeguarding logic in our core banking platform.

What we're looking for
7–12 years in financial-crime compliance, ideally as a designated Compliance Officer / AMLRO in payments, fintech, or an MSB.
Demonstrable experience building or owning a client-funds safeguarding framework — under Canada's RPAA, or transferable from mature regimes (UK/FCA under PSRs/EMRs, or EU payment/e-money institutions). This is our primary filter.
Solid FINTRAC/PCMLTFA program ownership; experience with regulatory exams and sponsor-bank due diligence.
A true player-coach who is comfortable doing the fine drafting personally, not just delegating.
CAMS or CFCS certification.
English required; Spanish is a robust asset (Canada–Mexico corridor).

Compensation Base salary CAD $150,000–$210,000 per year, commensurate with safeguarding/RPAA depth, plus performance bonus. Toronto-based, hybrid; remote within Ontario considered.

📌 Head Of Compliance Aml & Safeguarding Greater Toronto Area
🏢 Monitiva
📍 Greater Toronto Area