Compliance and Risk Officer (Canada and US)
"About The Role"
About This Role
Coins is the most established crypto brand in the Philippines, trusted by more than 18 million users through its mobile app, which lets users buy and sell cryptocurrencies and access a range of financial services. Coins is fully regulated by the Bangko Sentral ng Pilipinas (BSP) and was the first crypto-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from a central bank. This role is the first compliance hire for the company's North American businesses: a Canadian and a US money services business within a regulated payments group. You will hold three roles across both entities — Compliance Officer, Risk Officer, and Money Laundering Reporting Officer (MLRO) — with the mandate to build these programs and then run them. Both businesses are early-stage, moving money across borders for business clients with foreign exchange where needed, and volumes are just starting. You'll work with a small team and can direct outside providers for monitoring and reviews.
What You'll Be Doing
Build and maintain each entity's written compliance program, covering client and beneficial-ownership due diligence, enhanced measures for higher-risk clients, record keeping, travel-rule data, and training.
Assess money laundering, terrorist financing, and sanctions-evasion risk across clients, products, channels, and geographies, including review of new products, payment rails, and corridors before launch.
Set the scope for outside compliance providers, review their work, and sign off on deliverables.
Run ongoing staff training and keep registrations current with FINTRAC, the Bank of Canada, and FinCEN.
Lead regulator examinations and information requests, and respond to due-diligence requests from banks, payout partners, and clients.
Monitor US state money transmission licensing requirements and advise the business before entering new states or products.
Run transaction monitoring and sanctions screening, deciding on every escalated alert.
In Canada, file suspicious transaction and terrorist property reports with FINTRAC and oversee other prescribed reports.
In the US, file suspicious activity reports with FinCEN and oversee currency transaction reporting and OFAC blocking and reject reporting.
Serve as the contact for law enforcement requests and production orders, protecting the confidentiality of all reports.
In Canada, act as the senior officer overseeing the risk management and incident response framework under the Retail Payment Activities Act, including incident reports, third-party risk, and any safeguarding-of-funds framework.
File the annual report to the Bank of Canada by March 31 and give advance notice of significant changes or new activity.
Maintain each entity's risk register and risk appetite across compliance, operational, third-party, and partner risk, reporting to the board.
Commission independent reviews required under each regime and track findings to closure.
What We're Looking For
At least 7 years in anti-money-laundering and sanctions compliance at money services businesses, payment companies, or a bank's payments arm, including 3 or more years as a compliance officer, MLRO, or deputy.
Deep knowledge of Canada's Proceeds of Crime (Money Laundering) and Terrorist Financing Act and FINTRAC's guidance, plus working knowledge of the Retail Payment Activities Act.
Experience building a compliance program from scratch — policies, risk assessment, and training plans — not just operating one.
Experience deciding on and filing suspicious transaction reports, and running transaction monitoring and sanctions screening.
Experience leading a business through a FINTRAC, bank-partner, or audit examination and closing resulting findings.
Due diligence experience with business clients, including those who pay out for their own customers, as well as banks and payout partners.
A recognised AML certification such as CAMS, or equivalent experience.
Clear writing skills for boards, regulators, and banks, and the ability to work independently across time zones.
Ability to pass background checks required by regulators and banking partners.
Ready to Apply?
To submit your application for this position, please visit Coins.ph's official website and follow their application process.