VP Investments and Chief Compliance Officer

VP Investments and Chief Compliance OfficerAbout LoopLoop is a fast-growing FinTech startup that enables businesses to seamlessly manage money around the world so our clients can access more markets, accelerate their growth, and simplify their operations with the only truly cross-border banking platform. We are looking for ambitious people to join our mission.Hi, I'm Cato, CEO and Co-Founder of Loop, and I am hiring a VP Investments and Chief Compliance Officer to ensure compliance with all regulatory requirements across all of Loop’s entities and manage the capital raising efforts for all of the firm’s investment product offerings. This dual-role position will require a deep understanding of both portfolio management and compliance of regulated financial services businesses. You will be expected to work closely with both risk and operations to provide direction and guidance on product offerings and compliance matters. This role is an onsite position at our downtown Toronto office.Where You Come InWe are seeking a seasoned investments and compliance professional to manage our investment products while also maintaining our company-wide policies, enhancing our compliance framework, and ensuring our organization is compliant with legislation as well as managing external partners and vendors.You will be responsible for managing the investment products that are offered by Loop, helping to maintain and build new product offerings that align with our product roadmap. You will oversee our capital raising strategies and interface with our finance, product, and operations teams to build out our offerings. You will also be responsible for portfolio construction as a Portfolio Manager for the investment products offered to Loop’s customers.In addition to owning investments, you will be responsible for implementing and managing all aspects of the compliance program to ensure the company's operations comply with legal and regulatory requirements both within Canada and internationally. This role involves leading the compliance function, advising the executive team on compliance-related matters, and fostering a culture of ethical business practices. You will act as the Chief Privacy Officer (“CPO”) and Chief Anti-Money Laundering Officer (“CAMLO”) for Loop and our regulated subsidiaries.What You'll Be DoingCompliance:Lead the development, implementation, and maintenance of the firm’s compliance program.Ensure compliance with all relevant regulations applicable to Loop’s business, including but not limited to:Retail Payment Activities Act (RPAA)FINTRAC and Proceeds of Crime (Money Laundering) & Terrorist Financing Act (PCMLTFA)Lending RegulationPrivacy Law (PIPEDA)Draft, review, maintain, and ensure the implementation of all compliance and risk-related policies and procedures.Prepare and submit regulatory filings and reports to relevant authorities as necessary.Conduct regular compliance audits and risk assessments to identify potential risks across all business functions.Investigate, maintain records of, and resolve compliance issues and incidents.Develop, test, and maintain incident and crisis management plans.Stay updated on regulatory changes and industry best practices.Work with the product team to identify compliance requirements for new proposed offerings.Provide expert advice to the Leadership team and board on compliance and risk matters.Serve as the liaison with regulatory bodies, external auditors, bank partners, and government officials.Investment Management:Help Loop obtain registration as a registered Portfolio Manager, acting as the registered PM and CCO.Develop and implement investment strategies that align with the firm's objectives and client needs.Oversee the portfolio management function to ensure optimal performance and risk management.Conduct regular portfolio reviews and performance analysis.Stay abreast of market trends, economic conditions, and regulatory changes impacting investment strategies.Work with the product team to build investment opportunities for clients through Loop’s product.Support the leadership team on capital raising initiatives for the company's fundraising requirements.What We're Looking ForA minimum of 5 years of experience in compliance and portfolio management roles within the financial services industry.Proficiency in portfolio management and financial analysis.Demonstrated leadership capabilities, including the ability to influence and collaborate across functional teams.In-depth knowledge of regulatory requirements across the Canadian payments and investment landscape.Strong analytical and problem-solving skills.Exceptionally clear and precise verbal and written communication skills.High ethical standards and integrity.Experience working in fast-paced, agile startup environments.Ability to manage multiple priorities concurrently.What We OfferSalary range CAD$140,000-180,000 annual, commensurate with experience. Equity ranging 0.25%-1%. Enrollment in group's health benefits after the probation period.Interview Process30 minutes video call to discuss the opportunity and the organization.60 minutes in-person meeting with the Head of Finance and Compliance and one other team member.Take-home assignment.60 minutes in-person meeting with the CEO.Background check and offer.How to ApplyTo apply for this position, please click “apply” and share your resume alongside a brief paragraph about yourself and your previous experience in compliance.Loop is committed to creating a diverse culture. We encourage you to apply regardless of who you are or where you came from. #J-18808-Ljbffr