Chief Compliance Officer - Toronto, Canada - FLEETCOR

FLEETCOR

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Chief Compliance Officer, Cross-Border Payments

Our Company & Purpose:

Corpay is a global leader in business payments, helping companies of all sizes better track, manage and pay their expenses.

Our products eliminate manual and disjointed processes and deliver digital payments with speed and controls that minimize risk.

Corpay provides customers with a comprehensive suite of online payment solutions including Bill Payment, AP Automation, Cross-Border Payments, Currency Risk Management, and Commercial Card Programs.

Global businesses trust Corpay to power their international payments, execute plans to manage their currency risk and support their growth around the world.

We aim to deliver unmatched service and expertise with respect to moving money globally.

Corpay is part of the FLEETCOR (NYSE:
FLT) portfolio of brands.

We embrace a culture grounded in five key values: integrity, collaboration, innovation, execution, and people. These values offer you the opportunity to 'thrive & grow' through career development, volunteer, community, and wellness initiatives. This allows you to create a balance between professional goals and personal achievement.
FLEETCOR is also committed to building and nurturing a culture of diversity, inclusion, equality, and belonging by:

Welcoming people of different backgrounds, cultures, ethnicities, genders, and sexual orientations
Empowering our people to share their experiences and ideas through open forums and individual conversations; and
Valuing each person's unique perspectives and individual contributions.

What We Need:

Role Responsibilities:

Provide strategic advice to business partners across the Corpay Cross-Border Payments Division
Responsible for management, development and efficiency of a global team of 50+ people in 4 different regions and multiple time zones (North America, UK, EU, and APAC)
Responsible for working with various stakeholders to identify optimization initiatives and leading and managing complianceled initiatives
Work alongside internal and external stakeholders, including C-Suite Executives, to identify and manage Corpay compliance risk while supporting revenue growing initiatives
Responsible for ensuring ongoing effectiveness of various financial crimes compliance systems
Key stakeholder to manage key relationships with bank and nonbank financial institutions globally
Liaise with the different statutory and regulatory authorities
Maintain corporate governance framework through ongoing reporting and communication with various Boards and Senior Executives
Monitor, implement, and manage new rules and regulations applicable to Corpay
Continually assess the inherent risk of the business as well as the effectiveness of mitigating controls to minimize the residual risk of reputational damage, regulatory consequences, and other operational risk
Oversee regular training to staff and specialized training, as needed, to address ad hoc regulatory issues.

Qualifications & Skills:

10+ years of experience in financial services managing financial crime compliance (FCC)
Deep knowledge of crossborder payment processes/policies across various payment flows (B2B, B2C, P2P, B2P, P2C)
Financial crimes compliance expertise in US, Canada, UK, EU, and APAC (e.g., BSA, PCMLTFA, 6AMLD, OFAC, OSFI, OFSI, etc.)
Experience engaging with worldwide Bank partners, as part of both the onboarding of new Bank partners and ongoing relationship building
Overseen and provided direction for internal and external assessments and audits
Implemented and ensured ongoing effectiveness of various FCC systems
Responsible for the Corpay risk assessment framework
Experience interacting with financial crimes compliance regulatory bodies (e.g., FinCEN, FCA, FINTRAC, AUSTRAC, SEPBLAC) on behalf of their organization
Appreciation of FLT Values of: Integrity (Do the Right Thing), Innovation (Imagine the Possibilities), Execution (Get it Done), People (Make the Difference) and Collaboration (Work Well with Others)
Strong personnel management skills and demonstrated experience managing and developing people and teams (preference for having managed a larger global team)
Experience working alongside Csuite executives and with a global team / global partners, including engaging with regulatory bodies
Experience with budget management
Practical experience working with the business to execute key compliance projects (e.g., building, remediating, optimizing)
Crisp communication style (i.e., responsive, organized, succinct)
JD/LLB preferred, CAMS certification required

Benefits & Perks:

Medical, Dental & Vision benefits available the 1st month after hire
Virtual fitness classes offered companywide
Robust PTO offerings including: major holidays, vacation, sick, personal, & volunteer time
Employee discounts with major providers (i.e. wireless, gym, car rental, etc.)
Philanthropic support with both loca