Compliance Specialist

ABOUT FLOAT

Float is on a mission to simplify finance for Canadian businesses, empowering them to eliminate complexity and unlock new opportunities. Through our innovative platform, Float enables businesses to streamline financial operations and optimize cash flow, so they can focus on what matters most: growth.

As one of Canada’s fastest growing companies https://www.theglobeandmail.com/business/rob-magazine/top-growing-companies/article-ranking-canadas-top-growing-companies-of-2024/ and top-rated startups in 2025 https://www.linkedin.com/posts/floatfinancial_were-proud-to-share-that-float-has-been-activity-7387093684720300032-2DDz/, 2024 https://www.linkedin.com/pulse/linkedin-top-startups-2024-15-canadian-companies-rise-linkedin-news-llihe/ and 2023 https://lnkd.in/TSU23CA, Float is customer-obsessed, passionate and entrepreneurial, with a team that includes leaders from Uber, Shopify, Top Hat, TouchBistro, and Ada.

At Float, everyone is an owner, bringing their unique perspective to our team and product. Your voice is important, and we take having a culture based on feedback seriously. We openly share our thoughts and differing opinions so we can continue to improve. We do our best to keep our decision-making decentralized so that all team members feel ownership in our success.

OUR PRODUCT

Float is Canada's complete business finance platform, combining modern financial services and software to help businesses spend, save, and grow. Trusted by 6000+ Canadian companies, Float provides high-limit corporate cards, automated expense management, next-day bill payments, high-yield accounts and fast, friendly support—all built in Canada, for Canada. Float is backed by world-class venture and fintech investors, including Growth Equity at Goldman Sachs Alternatives and OMERS Ventures, partners behind our $70 million Series B raise https://floatfinancial.com/we-raised-70-million-to-fix-canadas-business-banking-problem/.

Our team is a collection of ambitious, collaborative and mission-driven people from all walks of life but with one goal: helping Canadian companies not just survive but thrive. And we’re looking for bold innovators to help shape the future of business finance in Canada.

AI USE IN OUR HIRING PROCESS

We use technology, including artificial intelligence (AI), to support parts of our hiring process. This may include AI-assisted scheduling and candidate communications, and AI-generated interview notes, guides or summaries to help our team focus on the conversation. All hiring decisions are made by our hiring team.

ABOUT THE ROLE

We’re looking for a tech-forward, execution-oriented Compliance Specialist to help build and scale Float’s compliance program.

This is a hands-on role where you’ll own the operational execution of the compliance program, including regulatory reporting, AML reviews, and monitoring activities. You’ll write and maintain policies and procedures, and translate regulatory requirements into systems and processes that scale with the business.

You’ll thrive here if you’re a self-starter who can operate in ambiguity, take initiative without waiting for direction, and bring structure, ownership, and continuous improvement to day-to-day compliance operations.

WHAT YOU’LL BE RESPONSIBLE FOR

REGULATORY REPORTING & AML EXECUTION

• Prepare and submit regulatory reports to FINTRAC, including Suspicious Transaction Reports (STRs) and other required filings
• Conduct and own AML reviews, investigations, and determinations, ensuring timely and high-quality outputs
• Perform transaction monitoring, support escalation, and reporting workflows
• Maintain clear documentation and audit trails for all reporting and investigative activities

OPERATIONAL OWNERSHIP OF COMPLIANCE PROGRAM

• Own the day-to-day execution of compliance processes, ensuring tasks such as AML reviews, monitoring, and reporting are completed accurately and on time
• Demonstrate strong ownership by proactively identifying bottlenecks and improving workflows
• Continuously look for opportunities to automate and scale compliance operations

POLICY & PROCEDURE DEVELOPMENT

• Draft, review, and maintain compliance policies, procedures, and control frameworks
• Translate regulatory requirements (e.g., FINTRAC, AML/ATF, RPAA) into clear, actionable internal documentation
• Ensure policies are practical, scalable, and aligned with operational realities

TECH-FORWARD COMPLIANCE & PROCESS DESIGN

• Partner with Product, Engineering, and Data teams to embed compliance into systems and workflows
• Leverage tools and data to improve monitoring effectiveness and operational efficiency
• Support the implementation of automation and tooling for compliance processes

DATA & MONITORING

• Perform data-driven compliance oversight, including monitoring analysis, reconciliations, and alert/SLA performance reviews
• Identify trends, risks, and gaps in compliance processes and recommend improvements

PARTNER & REGULATORY OVERSIGHT

• Support oversight of external partners, including AML program reviews and audit support
• Track remediation items and ensure timely resolution of findings

ABOUT YOU

• You are a self-starter - You take initiative and drive work forward independently
• You operate well in ambiguity - You bring clarity and structure to evolving problems
• You take ownership - You see tasks through end-to-end, especially in high-volume operational workflows like AML reviews
• You are tech-forward - You look for ways to automate and improve processes, not just execute them
• You write clearly and practically - You can translate regulatory requirements into usable policies and procedures
• You think in systems - You continuously improve and scale how compliance is executed

WHAT YOU BRING

• 3+ years of compliance experience in a regulated environment (fintech, payments, or financial services preferred)
• Strong understanding of Canadian regulatory frameworks (FINTRAC, AML/ATF; RPAA)
• Hands-on experience with FINTRAC regulatory reporting, including STRs
• Direct experience conducting AML reviews, transaction monitoring, and investigations
• Experience writing policies, procedures, and control documentation
• Proven ability to independently manage and execute compliance workstreams
• Strong analytical and problem-solving skills with a data-driven mindset
• Excellent communication skills and attention to detail

Nice to Haves

• Working knowledge of Canadian privacy and consumer protection frameworks (e.g., PIPEDA) and how they apply in a fintech environment
• Familiarity with broader consumer protection principles (e.g., UDAAP or similar frameworks) is a plus
• Experience in a high-growth fintech or startup environment
• Familiarity with compliance tooling or automation workflows
• Experience supporting audits, regulatory exams, or partner oversight
• Relevant certifications (e.g., CAMS)

This role is for someone who not only understands compliance, but owns it operationally. If you’re hands-on with AML work, comfortable with FINTRAC reporting, and motivated to improve and automate processes, you’ll have a meaningful impact at Float.

WHY YOU SHOULD JOIN

• Work at one of Canada's fastest-growing fintech companies
• Make a real impact in a high-autonomy, high-growth role
• Collaborate with an ambitious and supportive team
• Competitive compensation, equity options, and benefits
• Hybrid work model – we are based in Toronto with in-office days for connection and collaboration
• Enjoy catered team lunches every Tuesday, Wednesday and Thursday
• Bring your pup to our dog-friendly office
• Thrive in a high-trust, high-performance culture where your work truly matters

IN SHORT

At Float, you’ll thrive if you’re bold, curious, and eager to make a real impact. We're building something special—and having a lot of fun along the way. If you’re excited to build, grow, and win together, we’d love to meet you.

We’re committed to building a workplace that’s welcoming and accessible for everyone. If you need any accommodations during the hiring process or once you join Float, just let us know! You can reach out to Vic https://www.linkedin.com/in/victoria-boult-b21b2053/ (victoria@floatfinancial.com), and we’ll work with you to make sure you have what you need to succeed.