Director, Payments Compliance – Regulatory Affairs

Posted 5 days ago

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About the role

  • Payments compliance director building Canadian regulatory programs for Brim’s fintech platform. Managing RPAA, AML/CTF, card network, Payments Canada, and product compliance.

Responsibilities

  • Build, maintain, and continuously improve Brim's regulatory compliance program across payments, card issuing, and fund safeguarding activities
  • Maintain the regulatory compliance framework and policies for safeguarding end-user funds under the RPAA and RPAR
  • Monitor and interpret changes to RPAA, AML/CTF, provincial consumer protection, and card network rules
  • Translate regulatory changes into updated internal policies and procedures
  • Support the RPAA Senior Officer with Bank of Canada filings, annual reports, and incident notifications
  • Interpret and operationalize Payments Canada by-laws, rules, standards, and notices affecting card payment flows, including ACSS, Lynx, and RTR
  • Review and advise on cardholder agreements, disclosures, and fee structures
  • Manage relationships with regulators, card networks, and Payments Canada
  • Respond to consultations and support joint discovery efforts
  • Partner with Legal, Risk, and outside counsel on regulatory inquiries, card network compliance, and product launches
  • Support compliance due diligence requests from clients, investors, and banking partners
  • Maintain the compliance training program and company-wide awareness of regulatory obligations
  • Monitor AML/CTF program effectiveness, transaction monitoring, and regulatory reporting obligations
  • Manage annual Visa and Mastercard compliance attestations, network registrations, BIN and licence obligations, and the network compliance calendar
  • Maintain records of regulatory obligations, regulatory changes, and incidents in Canada and the U.S.
  • Support privacy-related case reporting to regulators
  • Run compliance monitoring and testing with key risk indicators and reporting to compliance committees and the Board
  • Sign off on new products and changes from a compliance standpoint

Requirements

  • 6+ years of experience in financial services, fintech, or payments compliance and regulatory affairs
  • Working experience with Canadian payments regulation (RPAA/RPAR) and AML/CTF requirements under the PCMLTFA, or ability to learn specialized regulatory frameworks quickly
  • Experience with card issuing, prepaid products, or money services businesses is ideal
  • Ability to read and interpret legislation, card network rules, and legal agreements
  • Ability to translate regulatory requirements into operational policies and procedures
  • Strong analytical, written communication, and cross-functional communication skills
  • Ability to manage multiple regulatory workstreams and deadlines independently in a fast-paced environment
  • Bachelor's degree in business, law, finance, or a related field (or equivalent practical experience)
  • Working experience with the RPAA and RPAR, or a comparable payments regulatory framework
  • Compliance certification such as CAMS, ICA, or CRCM is a bonus
  • Prior experience with the Bank of Canada, OSFI, or a similar regulator is a bonus
  • Experience supporting board or investor compliance reporting is a bonus
  • Familiarity with U.S. payments regulation, including money transmitter licensing and Regulation Z, is a bonus
  • Experience with Operational Risk Management, including risk assessments, control testing, incident management, and risk reporting, is a bonus

Benefits

  • Competitive compensation and equity
  • Remote-first workplace (Eastern Time)
  • Comprehensive health plan
  • PTO
  • AI-enabled tools and AI as a force multiplier
  • Real ownership and opportunity to shape processes and standards

Job title

Job type

Full Time

Experience level

Lead

Salary

CA$150,000 - CA$200,000 per year

Degree requirement

Bachelor's Degree

Location requirements

RemoteCanada

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