Compliance Associate

Company Description

Hi. We’re OFX, a global provider of online, international payment services. We solve the complexity of moving money and enable better decisions. Headquartered in Sydney with offices worldwide, we’re a customer-focused business that is all about inspiring customer confidence.

At OFX, you’ll have the opportunity to reach beyond your role and function across disciplines. Make use of your diverse skill set at a business that values your expertise and turn your potential into reality.

Job Description

Purpose of your role
OFX is looking for a candidate to fill a position in its NA Compliance team. This role is ideally suited to candidates in the early to mid-stage of their Compliance career.

The Compliance Associate will work within the Compliance team and be responsible for tasks including reviewing customer risk, handling escalations into compliance from various departments within the business, preparing regulatory reporting, assisting during regulatory exams, monitoring various compliance controls and processes, and supporting the work of the Senior associates and manager(s) in the Compliance team as it pertains to the overall management of OFX’s AML/CTF/Sanction and broader payment services compliance programs.

What you'll do:

• Conduct compliance monitoring and review for escalated matters on complex transactional or customer cases to assess client risk and ongoing suitability.
• Prepare regulatory reporting and support regulatory engagements.
• Work closely across the Risk and Compliance function and with the Financial Intelligence Unit, Operations, Commercial, Finance, and Legal teams, providing advice from a Compliance perspective.
• Work closely with the Assurance and Continuous Improvements team to enhance and documents our processes and procedures.
• Contribute as a member of a global Compliance function.
• Ad hoc tasks/projects at Manager’s request.

Qualifications

What you bring:

• 3+years’ experience within audit or the financial services industry, preferably in a Compliance team 
• Tertiary qualifications are not essential but will be beneficial.
• Immediately available has advantage
• The ability to perform multiple tasks and work unsupervised.
• Strong attention to detail and ability to use a number of Compliance platforms and systems.
• Have initiative and be a self-starter.
• Diligence, honesty and reliability.
• Excellent written and verbal communication skills with ability to collaborate with peers.

The salary range for this position is $65,000 - $75,000 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 one of our Edmonton 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.

• Always keep learning. We offer a wide range of learning and career development opportunities to help every OFXer build their capacity and career, with leadership training, secondments, internal mobility and access to a large library of online learning.
• Make a difference. Through our Make a Difference program, we encourage OFXers to give back to causes and communities that are important to them. We celebrate this with an annual volunteer day, which OFXers can use together or individually, as well as matched giving and the opportunity to nominate charity of choice every quarter.
• Reward and recognition. We recognise a job well done. OFXers are encouraged to celebrate their peers’ effort, technical expertise or support through a range of global and regional channels and awards, including quarterly and annual awards, milestones and shout outs.
• Showing our social side. Our Good Vibes employee-led committees around the globe organize events to help keep our employees engaged inside and outside the office. Whether it’s a wellbeing activity, end of year celebration, or a monthly team get-together, our team wants you to feel welcome!
• Benefits that mean something. We offer a range of fantastic benefits, including health insurance, primary and secondary gender neutral carer parental leave (16 weeks) or birthday leave, you'll feel well-supported at OFX.
• A great work environment. Enjoy work-life balance and flexibility with our hybrid work model, in an inclusive, diverse and non-hierarchal culture.

#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 [email protected].

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