08 Nov
|
Momentum Financial Services Group
|
Toronto
08 Nov
Momentum Financial Services Group
Toronto
Overview Momentum Financial Services Group (MFSG) helps people move forward by reimagining how money works for those who need it most. With more than 40 years of experience, MFSG is the team behind Money Mart—Canada's largest non-bank branch network—and a leader in financial solutions for underserved communities. We power products, technology, and operations that connect over a million customers a year to the money they need, when they need it. At MFSG, we come together across teams and departments to create something bigger than ourselves: solutions that remove barriers and give people access to money they might not get anywhere else. Whether you're solving problems, building systems, or shaping strategy, your work fuels real support for real people. Compensation Philosophy: Our strategy is simple—we aim to match the market. We regularly review industry standards to ensure our total rewards package is competitive and fair. This commitment helps us attract and retain talented individuals who share our purpose. Discretionary Annual Bonus: Opportunity for a discretionary bonus based on individual performance and company success. Comprehensive Benefits: Health and dental plans with 100% of the premiums covered. Employee Assistance Program to support mental well-being and personal challenges. Retirement Plans: Robust retirement savings options to help you plan for the long term. Hybrid Work Environment: Hybrid mode balancing remote work with in-office collaboration. Our corporate head office features breakout rooms for brainstorming and unwinding, plus snacks to keep you energized. Perks and Rewards: Tuition assistance and professional development reimbursement, discounts through Perkopolis, and participation in rewards and recognition programs. The Job: Director, Compliance The Director, Compliance is responsible for implementing and enhancing the assigned areas of the regulatory compliance management program under the leadership of the Vice President, Head of Compliance. This includes applying expertise to assigned program functions (e.G., advisory, testing, external inquiries), subject areas (e.G., consumer protection, privacy), and program enhancements (e.G., systems and processes).
What You'll Do Advisory & Research: Provide regulatory advice and guidance on assigned subjects (e.G., consumer protection, privacy) to internal stakeholders to help achieve and maintain compliance for all products and services, including researching complex matters and providing practical, risk-based advice. Program Governance: Lead or support the development and maintenance of governance documentation for the regulatory compliance program, including policies, procedures, guidelines for stakeholders, training, communications, and related matters. Compliance Operations: Lead or support execution of assigned operational functions within the Compliance Department (excluding AML), such as complaints management/oversight, privacy inbox management, risk assessments (e.G., privacy impact assessments, third-party risk assessments), and related matters. Audit, Change & Issue Management: Lead or support execution of processes and systems to manage regulatory examinations, audits, third-party reviews, and related matters. Prepare materials, communicate with stakeholders, and respond to observations. Regulatory Change Management: Lead or support oversight of regulatory changes, monitoring developments, legislative processes, and changes to the company’s business model/operations. Issue & Risk Oversight: Lead or support oversight of issues and risks identified internally or externally; develop or challenge action plans, advise owners, and monitor completion. Monitoring & Testing: Lead or support monitoring, testing, quality assurance, and related activities to ensure regulatory requirements and internal standards are met, including periodic testing of products or functions (e.G., AML, privacy inbox). What You'll Bring to the Table A minimum of 8 years of related work experience in bank and/or non-bank financial services.
Extensive knowledge of banking and non-banking financial services including lending, check cashing, money transmission, loan servicing, payments compliance, consumer protection regulations, and privacy laws. Strong organizational, communication, and project management skills; excellent writtenand verbal communication. Education + Experience Bachelor's degree in Business, Finance, Law, or a related field. Desired: Advanced degree in Business, Finance, Law, or a related field. Preferably an advanced degree such as a law degree or compliance certification. Project Management Professional (PMP) or similar risk or compliance management certifications. Join us and drive meaningful impact at MFSG. Committed to Equal Opportunity: MFSG is committed to accommodating applicants up to the point of undue hardship during the recruitment, assessment and selection process. If you are selected for an interview, please notify MFSG if you require accommodation in respect of the materials or procedures used at any time during this process. If you require accommodation, MFSG will work with you to determine how to meet your needs. Salary range for this position is C$145,000 to C$165,000 with a target bonus of 20%. About MFSG – Our Commitment To Responsible Innovation MFSG is committed to building innovative solutions grounded in ethical, transparent, and responsible use of data and technology. Aligned with the principles in Canada’s AI and Data Act (AIDA), we ensure that AI or data-driven systems are safe, fair, and accountable. This posting is for a current position offering the opportunity to contribute to meaningful, responsible innovation that supports employees, clients, and communities. We prioritize data governance, transparent communication about systems, and safeguards to reduce risks. Our focus is on tools and processes that promote equity, reliability, and trust, supported by ongoing monitoring and continuous improvement. Joining MFSG means contributing to a future-focused organization that values both innovation and integrity, where your work helps shape solutions that responsibly support our employees, clients, and communities. #J-18808-Ljbffr
📌 Director Compliance - C$145,000 - C$165,000 A Year (Toronto)
🏢 Momentum Financial Services Group
📍 Toronto