Compliance Senior Manager - Canada Assets

Company Description

Wise is a global technology company, building the best way to move and manage the world’s money.
Min fees. Max ease. Full speed.

Whether people and businesses are sending money to another country, spending abroad, or making and receiving international payments, Wise is on a mission to make their lives easier and save them money.

As part of our team, you will be helping us create an entirely new network for the world's money.
For everyone, everywhere.

More about our mission and what we offer.

Job Description

We are seeking a seasoned and strategic Compliance Senior Manager to lead our firm's compliance and risk management functions. As a key member of the executive leadership team, the CCO will be responsible for the architecture, implementation, and ongoing management of a robust compliance framework that ensures adherence to all applicable Canadian securities laws, regulations, and CIRO Rules.

This role requires an individual with unimpeachable integrity, deep regulatory knowledge, and the executive presence to act as the primary compliance advisor to the Board of Directors and senior management. The CCO will also serve as the firm's designated Chief Anti-Money Laundering Officer (CAMLO), championing a culture of compliance and ethical conduct throughout the organization.

Key Responsibilities:

Regulatory Compliance Framework:

• Architect, implement, and continuously enhance the firm’s compliance policies, procedures, and internal controls to ensure they are consistent with CIRO Rules, National Instruments, Universal Market Integrity Rules (UMIR), and provincial securities legislation.

• Proactively monitor the regulatory landscape for proposed changes from CIRO, the Canadian Securities Administrators (CSA), FINTRAC, and other relevant bodies. Conduct impact analyses and lead the implementation of necessary changes to business processes and policies.

• Oversee the maintenance of the firm’s Policy and Procedure Manuals, ensuring they are current, accessible, and well-communicated to all relevant personnel.

Anti-Money Laundering (AML) & Counter-Terrorist Financing (CTF) Program (as CAMLO):

• Assume full responsibility for the firm’s AML/CTF compliance program, including the development and maintenance of the AML Policy and Risk Assessment methodology.

• Oversee the investigation and disposition of alerts related to potential suspicious activity, and ensure the timely and accurate filing of Suspicious Transaction Reports (STRs), Large Cash Transaction Reports (LCTRs), and other required reports to FINTRAC.

• Manage the firm's client screening processes for sanctions, politically exposed persons (PEPs), and adverse media.

• Conduct and document the mandatory biennial AML program effectiveness review.

Compliance Program Management & Oversight:

• Design and execute a comprehensive, risk-based compliance monitoring and testing plan to assess the effectiveness of the firm's controls and procedures.

• Prepare and present the annual Chief Compliance Officer's Report to the Board of Directors, detailing the state of the firm’s compliance program, identifying key risks, and outlining strategic initiatives.

• Manage the resolution and tracking of any compliance issues identified through testing, internal audits, or regulatory examinations, ensuring timely and effective remediation.

Registrations & Proficiency:

• Serve as the firm’s Ultimate Designated Person (UDP) contact for registration matters.

• Oversee all firm and individual registration applications, amendments, and terminations on the National Registration Database (NRD).

• Ensure all Registered Individuals meet and maintain their proficiency requirements, including the management and tracking of Continuing Education (CE) credits in accordance with CIRO requirements.

Strategic Advisory & Business Partnership:

• Act as the primary compliance subject matter expert, providing pragmatic, solutions-oriented advice to the Board, CEO, and business line leaders on regulatory matters.

• Participate in the review and approval process for new products, services, and business initiatives to ensure compliance risks are identified and properly addressed from the outset.

• Interpret complex regulatory rules and provide clear, actionable guidance on their application to the firm's day-to-day operations.

Trading & Market Conduct