Compliance and Licensing Manager Toronto, Canada Full-time

Company Description

OFX is a leading financial operations company providing businesses and accounting firms with real-time financial control and visibility to do business anywhere in the world. With an innovative platform and 24 / 7 human support, OFX automates and simplifies doing business across borders, reducing risk and eliminating routine operational tasks. Offering global business accounts, payments to 180 countries in 30+ currencies and currency risk management solutions to simplify global payments. OFX further enhances business operations by providing corporate cards with spend management, bill payments, vendor management, and integrations with popular accounting and HRIS software, to help achieve better business solutions so accounting firms and businesses thrive.

Headquartered in Sydney, Australia, with offices globally, in the United States, Canada, United Kingdom, Ireland, New Zealand, Singapore and Hong Kong. OFX has been a trusted innovator in global money movement for over 25 years.

Job Description

We are looking for a candidate to fill the North American Licensing manager role within our Compliance function to support regulatory licensing in the United States and Canada, specifically money transmitter licensing in the US, and provincial and federal money transmitter registrations in Canada. This role is ideally suited to candidates who have had exposure to US and / or Canadian money transmission licensing compliance, or those with a legal, audit, or compliance background, and a willingness to grasp the underlying regulatory obligations that shape the licensing compliance program.

The Compliance and Licensing Manager will work directly with the North American Head of Compliance and coordinate efforts more broadly across the global Compliance and Risk function.  This role is responsible for tasks including state money transmitter reporting,  federal or provincial regulatory reporting, coordination of state level payments,  surety bond management, preparing and submitting state / federal / provincial registration updates and renewals, assisting with regulatory exam management and coordination related to exams amongst various regional and global business units, and other duties within the scope of the North American Compliance function that support state, provincial, or federal licensing,  registration, or regulatory obligations.

What you'll do :

• Directly manage the Licensing function across North America to ensure US and Canadian money transmission licensing, and related federal, provincial, and state entity licensing, related regulatory reporting, and any other provisions is maintained proactively across the North America OFX Group entities, and .
• Specific duties include, but are not limited to monthly, quarterly, and annual state report submissions, bond maintenance, funds escheatment, general license maintenance, assist during regulatory exams, and maintaining internal records as applicable.
• Support North American regulatory engagements by managing requests for information or documentation across multiple functions and jurisdictions within the OFX group of entities.
• Contribute as a member of the global Compliance function, and work effectively across multi-functional teams to achieve compliance objectives.
• Manage licensing associate(s) and ensure they are appropriately supporting and safeguarding North American licenses held by OFX.
• Ad hoc tasks / projects at Manager’s request.

Qualifications

What you bring :

The salary range for this position is $78,000.00 - $98,000.00 CAD. Exact salary offered will be dependent on multiple factors including level of experience, job-related knowledge, skills, work location, etc. In addition to base salary, this role may be eligible for a variable bonus and / or commission. As part of the compensation package, benefits are also offered for all full-time roles and part-time roles working a minimum of 24 hours a week.

We also offer a flexible hybrid working model where employees typically work 1-2 days from either our downtown Edmonton or Toronto office.

Additional Information

What it's like working at OFX

We’re OFXers because we want to make a difference. We see challenges as opportunities and we’re not afraid to roll up our sleeves to get stuff done. We’re committed to making things easier for our clients, pushing boundaries and continuing to move with the times so that we can continue to inspire confidence every day and through every transaction.

We operate as one team, cross-functionally and globally, to drive outcomes that deliver excellence for our customers. We're curious self-starters who love learning and sharing our knowledge with others. We embrace change and use our initiative and resilience to overcome challenges.

#LI-Hybrid

At OFX, we are committed to fostering a diverse, inclusive and accessible workplace where we value, respect, and encourage our people to be their authentic selves. With an employee base as diverse as the clients we serve, we know that fostering an inclusive workplace is fundamental to our continued success. If you require accommodation for any portion of the recruitment and hiring process, please email us at people.culture@ofx.com.

We encourage you to apply if this role aligns with your career aspirations.

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