Head of Compliance & CAMLO - part-time

Payally Limited

  • Toronto, ON
  • Permanent
  • Part-time
  • 17 days ago
Role OverviewWe are seeking an experienced Head of Compliance & CAMLO to lead PAYALLY’s compliance function in Canada and act as the designated AML Compliance Officer under FINTRAC. This is a senior, hands-on role responsible for overseeing the firm’s AML/ATF program and the broader regulatory compliance framework, ensuring adherence to Canadian regulatory requirements including PCMLTFA and other applicable obligations.The successful candidate will work closely with senior management, regulators, and key partners to manage compliance risks, support business growth, and maintain a strong compliance culture. This is a standalone compliance position based in Toronto, requiring a proactive minded compliance professional with deep expertise in AML within payments, fintech, or financial services.Please note this role is part-time (ca. 20 hours a week). The selected candidate will be expected to attend the office in downtown Toronto, with availability during Canadian business hours and the ability to attend meetings in person when required.Key Responsibilities
  • Own and oversee the overall compliance framework, ensuring effective governance across all applicable regulatory areas
  • Provide independent compliance advisory to senior management on regulatory risks, business initiatives, and control effectiveness
  • Act as CAMLO (Compliance Officer) under FINTRAC, owning the AML/ATF program
  • Ensure compliance with PCMLTFA, FINTRAC requirements, and applicable Canadian regulations
  • Oversee AML reporting (STRs, EFTRs, LCTRs) and all regulatory submissions
  • Lead AML risk assessments and oversee KYC/CDD/EDD and transaction monitoring frameworks
  • Act as primary contact for FINTRAC audits, reviews, and regulatory engagement
  • Provide compliance input on new products, partnerships, and regulatory developments
  • Maintain policies, controls, and compliance framework aligned with Canadian and global standards
  • Liaise with partner banks, card schemes (Visa/Mastercard), and key stakeholders
  • Oversee broader compliance areas including privacy (PIPEDA) and other regulatory obligations
Requirements
  • 5+ years’ experience in AML/compliance within payments, fintech, MSB, or financial services
  • Strong knowledge of Canadian AML/ATF regulations (FINTRAC / PCMLTFA)
  • Experience acting as or supporting a CAMLO / AML Compliance Officer role
  • Hands-on experience with AML reporting, investigations, and transaction monitoring
  • Experience engaging with regulators (e.g. FINTRAC audits or examinations)
  • CAMS or equivalent certification strongly preferred
  • Ability to operate independently in a standalone, hands-on role (no team management)
  • Strong stakeholder management, communication, and problem-solving skills
  • Must be able to commute to our office in downtown Toronto at least once per week.
About PAYALLYPAYALLY GLOBAL is an international financial institution that provides comprehensive and tailored financial solutions for businesses and private clients with global ambitions.As the financial industry becomes increasingly automated, PAYALLY GLOBAL remains committed to maintaining a personal approach. Each client is supported by a dedicated Relationship Manager who ensures precision, trust, and consistency in every interaction.As a principal member of Visa and Mastercard, PAYALLY GLOBAL offers a fully integrated suite of financial services designed to meet the complex needs of international operations. The company’s global infrastructure enables seamless cross-border payments in 39 currencies, ensuring efficiency, compliance, and transparency across all transactions.Its services include international and local payments, multi-currency accounts, foreign exchange, debit cards, card issuing, and payment gateways, all managed within one secure environment.PAYALLY GLOBAL combines global reach with human precision to deliver financial solutions that inspire confidence and support sustainable growth.

Payally Limited