Compliance Monitoring & Testing Manager H/F

Transak provides onboarding to financial applications through authentication, KYC, risk checks, and fiat on/off ramps. This is a next generation of infrastructure for the next generation of financial applications that are built on blockchain and stablecoin rails. Our API and widget-based solutions are used by top partners like MetaMask, Coinbase, Ledger, and Trust Wallet to enable seamless onboarding of over 10 million users across over 450 active applications.
The Compliance Manager & MLRO is the accountable individual for licensing acquisition in Canada and AML/CFT, sanctions, and regulatory governance post license approval. This role maintains the company's compliance and financial crime frameworks within Canada, ensuring adherence to laws, license conditions, supervisory expectations as well as Transak's Group Compliance standards.
It is a hands-on leadership role, balancing strategic regulatory responsibilities with operational oversight. The role is responsible for suspicious activity reporting, transaction monitoring effectiveness, licensing obligations, regulatory relationship management, and embedding compliance requirements across Product, Engineering, Operations, and Risk.
The role reports to the Group Head of Compliance.
Licensing & Regulatory Governance

Apply for, maintain, and vary regulatory licenses in accordance with business requirements.
Act as main point-of-contact with FINTRAC (Financial Transactions and Reports Analysis Centre of Canada)
Maintain compliance and AML policies, risk assessments, and control frameworks.
Ensure accurate, complete regulatory submissions.
Maintain compliance registers and evidence libraries.
Advise internal teams on licensing constraints and regulatory expectations.
Draft and file SARs/STRs with structured, evidence-based narratives.
Conduct thematic reviews and risk assessments.
Compliance Operations Oversight

Oversee high-risk KYB, corporate/OTC KYB, and EDD workflows.
Ensure process consistency across monitoring, screening, and onboarding.
Maintain audit-ready documentation and evidence quality.
Regulatory Relationship Management

Manage inspections, audits, thematic reviews, and information requests.
Maintain proactive, transparent regulatory relationships.
Define AML/CFT, sanctions, and licensing requirements for new features.
Translate regulatory obligations into technical specifications and acceptance criteria.
Review product changes for compliance implications.
Support validation/testing of product workflows for correct control functioning.
Maintain ongoing awareness of upcoming regulatory changes and prepare the business for new requirements in a timely manner.
Provide compliance guidance to Operations, Product, Engineering, Risk, Customer Support.
Tailor communication of regulatory requirements to audience expertise.
Represent Compliance internally as SME in critical discussions and planning.
Training & Culture

Deliver AML/CFT, sanctions, and risk-awareness training.
Group Compliance

~ Support the Group Head in maintaining the Transak Group Compliance Program.

5–7+ years in AML/CFT, compliance, or financial crime.

• Experience as MLRO, Deputy MLRO, or senior Compliance Officer.
• Demonstrated experience managing licenses/regulatory obligations in the target jurisdiction.
• SAR/STR drafting experience; Experience handling audits, inspections, regulator interactions.
• Demonstrates the ability to marry regulatory requirements with business objectives to maximize revenue while keeping within risk appetite.
• Experience in product compliance or technical environments