Regulatory Onboarding Specialist

We are Paramount Commerce, a leading fintech company focused on simplifying payments in Canada. Since the early 2000s, we have redefined online purchasing by introducing a way to pay directly from a bank account, bypassing credit cards or e-wallets. Our commitment is to provide the highest standards of security and risk management that support seamless payments and rich data.As we strengthen our position in Canada, we are strategically positioning ourselves for global expansion. To achieve our goals, we are seeking talented professionals who can push the boundaries of innovation, contributing to our growth across Canada and worldwide. Join us at Paramount Commerce, where we not only follow fintech trends but shape them.The OpportunityReporting to the Senior Manager, Regulatory Onboarding, you will be a critical guardian of our platform, standing as the First Line of Defense against financial crime. Your mission is to ensure that as we expand, we grow safely. You will be responsible for conducting deep analysis on our most complex clients, from iGaming and Money Service Businesses (MSBs) to cryptocurrency exchanges.This isn't just a checklist role; you are an investigator, a risk assessor, and a key partner in operationalizing our "Three Lines of Defense" model. You'll make critical decisions that protect both our company and the integrity of the payment ecosystemWhat You'll DoEnhanced Due Diligence (EDD): Conduct and document in-depth EDD reviews for high-risk customers. You will analyze complex business models, draft comprehensive risk reports, and provide clear recommendations for onboarding decisionsCustomer Due Diligence (CDD/KYC): Own the end-to-end analysis of new customers, including their KYC documentation, complex beneficial ownership structures, business models, and expected activityScreening & Adjudication: Act as the lead investigator for screening alerts. You will review and adjudicate potential hits for sanctions, Politically Exposed Persons (PEPs), and adverse media, escalating true hits with thorough analysis and auditable recordsOngoing Monitoring: Proactively monitor our existing customer base for changes in risk. You will conduct periodic and trigger-based reviews to ensure their risk profiles remain accurateProcess Improvement: Help build and refine our First Line of Defense. You'll contribute to process efficiencies and help operationalize the controls defined by the Second Line, ensuring our risk-based approach is both effective and scalableWho You AreAn AML/KYC Specialist: You have 3+ years of hands-on experience in AML/KYC, EDD, or financial crime compliance, ideally from a Fintech, PSP, or remittance company. Your time in a banking environment means you understand and respect the 2LOD partnershipA High-Risk Sector Expert: You are not afraid of complexity. You have direct experience onboarding and working with high-risk clients, specifically in iGaming, cryptocurrency, MSBs, or FXA Regulatory Navigator: You are fluent in Canadian AML/ATF regulations, including the PCMLTFA and FINTRAC requirements. A CAMS designation (or being in the process of getting one) is a major assetAn Analytical Investigator: You have strong investigative skills and the ability to analyze complex ownership structures. You're proficient with screening tools (like World-Check, RDC, or ComplyAdvantage) and can articulate your findings clearly in written reportsA Proactive & Adaptable Partner: You can work independently but also thrive in a collaborative, fast-paced team. You are comfortable with rapid change, take a proactive approach, and understand the importance of clear, auditable documentationWhy Paramount Commerce?Competitive salaryGenerous Vacation & Summer FridaysHealth & Dental Benefits from Day 1Wellness Spending AccountRetirement savings matching planHybrid work (Thursdays in office) Birthday Day OffQuarterly Socials Volunteer Days to give back to our community Parental leave top up programAt Paramount Commerce, we are proud to be an equal opportunity employer. We practice ethical and fair hiring processes and strongly encourage applications from diverse backgrounds. Don't worry if you don't check every box. If you're excited about this role and think you'd be a good fit, we encourage you to apply.We are committed to creating a place for our employees to be their authentic selves. We believe diversity of thought, background, and experience are essential to achieve our mission to simplify payments. Accommodations are available on request for candidates taking part in all aspects of the selection process.