Location: Toronto, ON (Hybrid/Onsite)
Reports to: Chief Compliance Officer (CCO)
About HorizonFlare:
HorizonFlare is a registered Money Services Business (MSB) in Canada. We leverage cutting-edge technology to provide market-making services and digital financial solutions through our platform, Novo Financial. We are seeking a meticulous Compliance Specialist to join our Toronto team.
The Role:
This role is critical in ensuring the integrity of our client base. You will be the first line of defense, managing the end-to-end lifecycle of client onboarding and KYC remediation, reporting directly to the CCO.
Key Responsibilities:
- Client Onboarding: Conduct enhanced due diligence (EDD) for individual and corporate clients.
- Risk Assessment: Evaluate customer risk based on geography, product type, and transaction behavior.
- Document Verification: Authenticate documents, UBO (Ultimate Beneficial Ownership) structures, and Source of Wealth (SoW).
- Regulatory Adherence: Ensure all onboarding processes comply with FINTRAC, PCMLTFA, and Canadian sanctions regulations.
- Escalation: Prepare concise briefings for the CCO regarding high-risk merchants or complex ownership structures.
Qualifications:
- 5+ years of compliance experience within the Canadian financial sector (MSB, Fintech, or Payments preferred).
- Proficient in KYC/CDD tools (e.g., World-Check, Persona, or Sumsub).
- Strong understanding of Canadian AML regulations and sanctions lists (OSFI, OFAC, UN).
- Excellent analytical skills and attention to detail.
