ABOUT US

Localcoin, founded in 2017 with headquarters in Toronto, is on a mission to simplify the process and experience of buying or selling digital currencies globally. We envision bringing digital currency to the mainstream financial market through partnerships with leading corporate and franchised retail spaces. With terminals across Canada and Australia, Localcoin is now the largest Bitcoin ATM provider in Canada 

At its core, Localcoin believes that everyone should be able to own cryptocurrency and have a deep understanding of blockchain technology. As a member of our rapidly growing team, you'll join a talented, dynamic group of team members who will encourage you to learn, grow and thrive in your career every step of the way. 

If you're a self-starter looking to hone your skills in a startup environment that fosters innovation, transparency and team connectivity, we look forward to hearing from you!

THE ROLE

Localcoin’s Compliance Department is responsible for ensuring the company adheres to all regulatory requirements and obligations as a registered Money Service Business in Canada. The Compliance Department helps the business fulfill its regulatory compliance responsibilities while achieving its business goals.  Together with the business, the Compliance Department works to reduce and mitigate regulatory risk, while protecting Localcoin’s users as well as the company’s reputation, all while helping Localcoin to succeed in its mission.  

Reporting to the Chief Compliance Officer via the Compliance Manager, you will be joining a close knit team of Analysts whose main responsibility is monitoring and investigating customer transactions across the platform in Canada and filing necessary reports directly with the regulator. You will help maintain Localcoin’s adherence to Compliance Policies while working closely with and assisting numerous teams across the company as well as supporting external vendors, auditors and other counterparties as needed.

Bringing a keen interest in digital currency , a genuine  passion for the regulatory landscape of the industry and a curiosity to dive into and analyse complex datasets all with an impeccable eye for detail will help you succeed and thrive in this role.

WHAT YOU’LL BE DOING

  • Responsible for the maintenance of day-to-day operations of the Compliance Program and record keeping requirements 
  • Responsible for conducting multiple in depth financial crime investigations escalated through a number of channels and business units simultaneously
    • Utilizing various investigative tools and data points to compile a complete profile of known user information including a financial analysis of transactions, in both fiat and digital currencies;
    • Utilizing forensic blockchain investigative tools to accurately map users’ digital currency activity and analyse the results to determine and recommend an appropriate course of action;
    • Present completed financial crime investigations to Management and/or the CCO for comment and approval in order to execute the appropriate next steps such as the application of various EDD measures;
    • Ensuring that all investigations leverage a risk-based approach and are completed fairly, efficiently and with impartiality.
  • Assisting with user identification (KYC) processes - interfacing with third party software, in-house processes, and providing assistance with verification requirements execution; Monitor user activity and provide oversight on the know your client obligations for Localcoin users, and partners:
    • Reviewing names and entities on name-screening software for decisioning, escalation, and potential reporting
    • Reviewing potential and existing users for AML/ATF Risk factors
    • Reviewing third party sites for information on the user ( i.e. negative news media); 
    • Being a designated person for the documentation of regulatory threshold or suspicious activity reports, including; suspicious transaction alert review, decisioning for investigation, and recommendations to the CCO regarding reporting
    • Assisting with gathering performance metrics with respect to daily duties, including KYC, screening, monitoring, and reporting, for the CCO to prepare executive oversight reports
  • Review and analysis of relevant financial services industry legislation/regulations and maintain up-to-date knowledge and understanding of Canadian regulations on money laundering, terrorist financing, sanctions and in digital currency
  • Collaborate Internally  to assist in conducting compliance self-assessments, complete periodic compliance reviews, aide with external audits (including regulatory), and work on special-projects as assigned by Management and the CCO
  • Support, research and provide documented analysis on compliance issues as requested by Management and the CCO
  • Support co-workers in operational teams, while providing assistance, guidance and training as needed (i.e. Operations, CSRs)

WHAT WE’RE LOOKING FOR

  • 1-3 Years experience working in the Compliance, Fin-Tech or Financial Services industry
  • 2-5 Years experience in data input or data analysis
  • Expertise in Microsoft Excel
  • Proficiency of various Google Suite products
  • Working knowledge of case management programs such as JIRA
  • Understanding of various query languages such as SQL/JQL
  • Intermediate programming skills 
  • Working knowledge of Canadian AML Laws, Regulations & Guidelines (FINTRAC)
  • Strong ability to quickly and accurately identify various red flag indicators with little to no information 
  • Impressive communication skills with the ability to write complicated and concise financial crime investigations
  • Experience analyzing large, complex datasets to formulate data driven results with the ability to identify patterns and/or trends as well as recognizing gaps
  • Extremely high attention to detail with the ability to think strategically to solve intricate problems
  • Inquisitive mind with a keen interest in digging into the details to fully understand a situation
  • Experience filing regulatory reports with, such as STRs (use of F2R and automated systems for batch and/or API file reporting)
  • Ability to collaborate with and communicate Compliance requirements across departments
  • Strong sense of autonomy and ability to manage numerous complex tasks effectively while taking ownership and responsibility for assigned work
  • Ability to be flexible and quickly adapt to new requirements, procedures, and challenges as they arise
  • Ability to provide advice/guidance to various internal departments as well as outside parties on Compliance requirements

NICE TO HAVE

  • Professional designations (or working towards) are an asset such as CAMS, CFCS, CBP, CCI
  • Understanding of or experience using various Blockchain analytic tools such as Chainalysis, Elliptic and/or TRM Labs
  • Working knowledge of various global AML laws, regulations and best practices (i.e. MICA, FATF etc) 

WHAT YOU’LL LOVE ABOUT US

  • Health & Wellness Benefits
  • Competitive Salary 
  • Hybrid & Flexible Office Environment 
  • Professional Development
  • Standups, Demos and Monthly Socials to keep us aligned and connected
  • And so much more!

 Localcoin is committed to building a team that represents a variety of backgrounds, perspectives and skills. The more inclusive and diverse we are, the more our work will improve. If you're determined and great at what you do, come as you are.

If you require accommodation at any stage throughout the recruitment process, please notify your talent team or send an email to careers@localcoinatm.com

 

Apply for this Job

* Required
resume chosen  
Dropbox Google Drive
(File types: pdf, doc, docx, txt, rtf)
Cancel
cover_letter chosen  
Dropbox Google Drive
(File types: pdf, doc, docx, txt, rtf)
Cancel
When autocomplete results are available use up and down arrows to review
+ Add another education

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in Localcoin’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.

Race & Ethnicity Definitions

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.

Voluntary Self-Identification of Disability

Form CC-305
Page 1 of 1
OMB Control Number 1250-0005
Expires 04/30/2026

Why are you being asked to complete this form?

We are a federal contractor or subcontractor. The law requires us to provide equal employment opportunity to qualified people with disabilities. We have a goal of having at least 7% of our workers as people with disabilities. The law says we must measure our progress towards this goal. To do this, we must ask applicants and employees if they have a disability or have ever had one. People can become disabled, so we need to ask this question at least every five years.

Completing this form is voluntary, and we hope that you will choose to do so. Your answer is confidential. No one who makes hiring decisions will see it. Your decision to complete the form and your answer will not harm you in any way. If you want to learn more about the law or this form, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

A disability is a condition that substantially limits one or more of your “major life activities.” If you have or have ever had such a condition, you are a person with a disability. Disabilities include, but are not limited to:

  • Alcohol or other substance use disorder (not currently using drugs illegally)
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, HIV/AIDS
  • Blind or low vision
  • Cancer (past or present)
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or serious difficulty hearing
  • Diabetes
  • Disfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disorders
  • Epilepsy or other seizure disorder
  • Gastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndrome
  • Intellectual or developmental disability
  • Mental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSD
  • Missing limbs or partially missing limbs
  • Mobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supports
  • Nervous system condition, for example, migraine headaches, Parkinson’s disease, multiple sclerosis (MS)
  • Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilities
  • Partial or complete paralysis (any cause)
  • Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysema
  • Short stature (dwarfism)
  • Traumatic brain injury

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.

Our system has flagged this application as potentially being associated with bot traffic. Please turn off any VPNs, clear your browser cache and cookies, or try submitting your application in a different browser. If this issue persists, please reach out to our support team via our help center.
Please complete the reCAPTCHA above.