--- title: 'Chief Anti-Money Laundering Officer at Venn' canonical: 'https://feeny.ai/job/chief-anti-money-laundering-officer-venn-toronto-5xc2sxd68snx' type: 'job' last_seen: '2026-09-09' --- # Chief Anti-Money Laundering Officer at Venn - **Company:** Venn - **Location:** Toronto, Canada - **Employment:** full-time - **Work type:** onsite - **Posted:** 2026-08-22 - **Last confirmed live:** 2026-09-09 - **Apply:** https://jobs.ashbyhq.com/venn/a535c233-616d-4b29-a0db-e103e594979e/application **Skills:** PCMLTFA, RPAA, Anti-Money Laundering, Risk Management, Regulatory Compliance, SQL, Fintech experience > The Chief Anti-Money Laundering Officer will develop and implement internal compliance policies, conduct risk assessments, and lead regulatory reporting for a fast-growing fintech company. The role involves ensuring adherence to PCMLTFA and RPAA frameworks, training staff, and resolving compliance issues within a hi... ## Job description ## About Venn Venn is the fastest-growing B2B fintech in Canada. We're on a mission to transform business banking for Canadian entrepreneurs and are looking to hire A-players interested in disrupting traditional banking practices. As the ONLY digital banking platform in Canada offering a truly modern solution, we have seen accelerated growth—scaling to support more than 5,000 Canadian businesses in under two years. Business owners are tired of the big banks’ monopoly and are looking for modern tools that replace the legacy systems that have been their only option for over 100 years. We've raised over $26.5M from Tier 1 investors such as Gradient, Left Lane Capital, Intact, and XYZ Venture Capital. Interested in redefining the future of banking in Canada? Look no further. ## What You'll Be Doing - Develop, implement, and monitor internal compliance policies and procedures. - Stay up to date with relevant regulations and ensure company-wide adherence. - Conduct internal audits and risk assessments. - Lead regulatory reporting and liaise with authorities as needed. - Train staff on compliance and regulatory best practices. - Support due diligence and third-party vendor reviews. - Investigate and resolve compliance issues or breaches. What we’re looking for: - 6+ years in compliance, AML, or risk. - Strong knowledge of PCMLTFA, RPAA, and other regulatory frameworks. - Excellent analytical, communication, and project management skills. - Experience in a high-growth fintech is a strong asset. - Certified compliance designation (e.g., CAMS) is a plus. Bonus Points - Experience acting as a CAMLO. - Knowledge with SQL. ## Perks & Benefits - Competitive base salary with an uncapped commission structure, allowing you to directly benefit from your success. - Large equity ownership, among the most generous in the market, aligning your success with the company’s growth. - Comprehensive coverage of medical, dental, and vision insurance. - Opportunity to shape the future of business banking in Canada and beyond. Venn is an equal opportunity employer and does not discriminate on the basis of race, colour, religion, sex, national origin, age, or disability. This role is for an existing vacancy and we are looking to fill this role immediately. ## About Venn ## Company Overview - **One-liner**: Venn is a Canadian business banking platform offering multi-currency accounts, corporate cards, global transfers, and accounting automation for small and medium-sized businesses. - **Entity Type**: Private (Series A) - **Headquarters**: Toronto, Ontario, Canada - **Founded**: Year not publicly specified - **Founders**: Names not publicly listed on the company website ## Core Business - **Primary industry/industries**: Fintech, Business Banking, Financial Services - **Target customers**: B2B — Canadian small and medium-sized businesses (SMBs) - **Mission or purpose statement**: "To make finance simpler, safer, and more accessible for every business owner" — building the future of business banking for Canada. ## Products & Services - **Multi-Currency Business Accounts**: CDIC-protected accounts in CAD, USD, GBP, and EUR with 2.00% interest on CAD and USD funds (no tiers, no minimums, no caps). - **Global Corporate Cards**: Mastercard charge cards issued by Peoples Trust Company with 1% cashback on every transaction, no minimum spend required. - **Global Money Transfers**: Send domestic and international transfers to 180+ countries in 30+ currencies at competitive FX rates with zero hidden fees. - **Accounts Payable Automation**: Two-way sync with QuickBooks and Xero, multi-level approvals, and automated workflows. - **Invoicing**: Send multi-currency invoices and accept payments via credit card or bank transfer. - **Expense Management**: Create unlimited cards, manage team spend in real time, with granular controls (MFA, limits, category restrictions, instant lock/unlock). - **Venn Intelligence**: AI-powered tools and agents for automating receipt uploads, accounting, and expense categorization. ## Market Standing - **Valuation/Market Cap**: Not disclosed - **Key Metric**: Total funding raised — **$26.5 million** (Series A) - **Notable Investors/Partners**: Backed by leading investors (specific names not listed on the about page); banking partner is Bank of Montreal (BMO); card issuing partner is Peoples Trust Company; integrations with QuickBooks and Xero. - **Growth Signals**: Trusted by over **10,000+ Canadian businesses**; has transacted over **$3+ billion** on the platform; officially approved by the Bank of Canada as a Payment Services Provider; headcount estimated at 11–50 employees with 18 open roles as of June 2026. ## Competitive Advantages - **All-in-one platform**: Combines banking, cards, FX, AP automation, and expense management in a single interface — replacing multiple traditional banking tools. - **Best-in-class FX rates**: Claims the best FX rates in Canada with zero hidden fees, a key pain point for Canadian businesses. - **CDIC protection**: Eligible deposits insured up to $100,000 through BMO, providing trust and security. - **Canadian-first focus**: Built exclusively for Canadian businesses, with human support based in Canada and compliance with Canadian regulations (FINTRAC registered, Bank of Canada approved). - **Speed of onboarding**: Accounts can be opened in under five minutes, a stark contrast to traditional banks. ## Strategic Focus - **Breaking up the banking oligopoly**: Venn explicitly positions itself as a challenger to Canada's traditional big banks, aiming to provide faster, fairer, and more modern business banking. - **AI-driven automation**: Investment in "Venn Intelligence" signals a focus on using AI to automate financial workflows and reduce administrative burden for business owners. - **Scaling the platform**: With $26.5M in Series A funding and 18 open roles, the company is aggressively hiring to scale its product, engineering, sales, and marketing teams. - **Expanding product depth**: Continued development of multi-currency capabilities, corporate cards, and accounting integrations to become the single financial operating system for Canadian SMBs. ## Why Work Here - **Culture & Values**: Venn emphasizes a culture of ownership ("act like owners"), speed ("move fast"), intellectual curiosity ("challenge assumptions"), and teamwork ("win as one"). They seek diverse, passionate people. - **Work Environment**: In-office workspace based in Toronto, Ontario. Employees work from physical offices (not remote-first). - **Impact**: Employees are told they can "make an impact every single day and shape the future of Canadian business banking," suggesting a high-agency, fast-paced startup environment. - **Growth Stage**: As a Series A company with significant funding and rapid adoption (10,000+ businesses, $3B+ transacted), this is an early-stage growth opportunity where employees can have outsized influence. - **Team Size**: Small team (11–50 employees) with 18 open roles, indicating a scaling phase where new hires will be foundational to the company's trajectory. ## Sources 1. [venn.ca](https://www.venn.ca/) 2. [venn.ca/about-us](https://www.venn.ca/about-us) 3. [jobs.ashbyhq.com/venn](https://jobs.ashbyhq.com/venn) 4. [builtin.com/company/venn-vennca](https://builtin.com/company/venn-vennca) 5. [fastaijobs.com/companies/venn](https://www.fastaijobs.com/companies/venn) ## Other roles at Venn - [Performance Marketing Lead](https://feeny.ai/job/performance-marketing-lead-venn-toronto-vcpjba4v93df) — Toronto, Canada - [Lead Product Designer](https://feeny.ai/job/lead-product-designer-venn-toronto-ygsvtcp3asq8) — Toronto, Canada - [Product Manager](https://feeny.ai/job/product-manager-venn-toronto-n9t70bggsjma) — Toronto, Canada - [Head of Marketing](https://feeny.ai/job/head-of-marketing-venn-toronto-dm2pq3838j1w) — Toronto, Canada - [Senior Backend Engineer](https://feeny.ai/job/senior-backend-engineer-venn-toronto-m6tehh3na7ka) — Toronto, Canada - [Strategy & Operations Manager](https://feeny.ai/job/strategy-operations-manager-venn-toronto-cjrz00bxqgfc) — Toronto, Canada - [Account Executive, SMB](https://feeny.ai/job/account-executive-smb-venn-toronto-68cd52zrcfhn) — Toronto, Canada - [Business Development Representative](https://feeny.ai/job/business-development-representative-venn-toronto-bmq14hvecv3f) — Toronto, Canada - [Senior Frontend Engineer](https://feeny.ai/job/senior-frontend-engineer-venn-toronto-dqbact8b667b) — Toronto, Canada