Job Description

Position Title:

Compliance Officer

Location:

Hybrid (Canada)

Why Join Us

This is an opportunity to join a fast-scaling Canadian payments and foreign exchange firm where compliance is at the center of trust and growth. At Prime FX, you will play a pivotal role in shaping the regulatory strategy of a licensed MSB and PSP, while working alongside a collaborative leadership team that values innovation, integrity, and accountability.

About Prime FX

Prime FX is a Canadian-based payments and foreign exchange firm providing transparent, secure, and reliable financial solutions. As both a licensed Money Services Business (MSB) and Payment Service Provider (PSP), we deliver trusted cross-border payments and innovative financial services for individuals and businesses. Our mission is to combine technology, regulatory excellence, and client focus to set new standards in the payments industry.

Position Overview

We are seeking an experienced Compliance Officer (CO) to lead and oversee the compliance program for a licensed Money Services Business (MSB) and Payment Service Provider (PSP). The role is responsible for ensuring compliance with FINTRAC guidelines, applicable legislation, and Bank of Canada requirements, including the Retail Payment Activities Act (RPAA). The successful candidate will maintain a strong culture of compliance across the organization while providing strategic regulatory leadership.

Reporting Line:

The CO reports directly to the Chief Executive Officer and provides regular updates to the Board of Directors.

What we need

? Assess, implement, and maintain a continuous compliance program aligned with MSB and PSP regulatory requirements in Canada and other applicable jurisdictions.

? Ensure the day-to-day responsibilities of the compliance function are carried out to maintain compliance with all applicable laws and regulations, including activities such as training, monitoring, reporting, policy and procedure management, and regulatory filings.

? Act in a supervisory capacity over the business to ensure operational controls complement the requirements set out in compliance policies and procedures.

? Maintain controls within the compliance function to assess the effectiveness of these business controls while preserving segregation of duties.

? Serve as the primary liaison with regulators, auditors, and other external stakeholders, ensuring timely and accurate reporting and communication.

? Provide ongoing reporting to the Board as required and maintain engagement with senior leadership on compliance matters.

? Stay current on evolving laws, regulations, and enforcement trends affecting MSB and PSP operations.

What you bring

? Minimum 8 years of progressive compliance experience within financial services, ideally in an MSB, PSP, or similar regulated entity.

? Strong knowledge of AML/ATF regulations, FINTRAC guidelines, Bank of Canada requirements, RPAA, and relevant payment services legislation, including provincial AML obligations.

? Demonstrated creativity and forward-thinking in solving complex compliance challenges, with the ability to balance regulatory requirements and business objectives.

? Proven ability to leverage technology in compliance operations, including hands-on experience with AML systems, sanctions screening tools, transaction monitoring platforms, and other compliance automation solutions.

? Track record of building and managing compliance frameworks in complex regulatory environments.

? Experience working with regulators and managing regulatory examinations.

? Excellent leadership, communication, and relationship management skills.

? Professional certification such as CAMS, CFCS, or equivalent is an asset.

Company Benefits

At Prime FX, we recognize that our people drive our success. We offer:

? Competitive compensation package

? Comprehensive health and dental coverage

? Paid vacation and personal days

? Flexible hybrid work arrangements

? Professional development and training opportunities

? Collaborative and inclusive team environment

? Growth opportunities within a fast-scaling financial services firm

Work Environment

We operate in a hybrid environment with the capacity to attend the office on an as-needed basis and visit other locations to interact with the business. Our culture is built on accountability, collaboration, and innovation, with compliance as the foundation of client trust.

Application Process

Interested candidates are invited to submit their resume and a brief cover letter outlining their interest in the role. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted directly. Confidentiality will be maintained throughout the recruitment process.

Commitment to Inclusion

Prime FX is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Job Type: Full-time

Pay: $80,000.00-$110,000.00 per year

Benefits:

Dental care Extended health care Life insurance Paid time off
Work Location: Hybrid remote in Calgary, AB T3J 5H2