--- title: 'Compliance Officer - Canada (CAMLO) at LemFi' canonical: 'https://feeny.ai/job/compliance-officer-canada-camlo-lemfi-canada-ec4agv9p2m2s' type: 'job' last_seen: '2026-11-09' --- # Compliance Officer - Canada (CAMLO) at LemFi - **Company:** LemFi - **Location:** Canada - **Employment:** full-time - **Work type:** remote - **Posted:** 2026-11-02 - **Last confirmed live:** 2026-11-09 - **Apply:** https://jobs.ashbyhq.com/lemfi/35dc96d8-b4b7-4b70-8160-6840b2e91c8a ## Job description Ambition has no passport. That belief is why [LemFi](https://lemfi.com/en-gb/careers) exists. We're the financial engine for people the world wasn't built to serve, the millions who move countries to build something better and find the financial system hasn't caught up with them yet. We started with remittances: the money people send home to the people they love. Now we run multi-currency accounts, Savings, eSIMs and Credit. Because staying connected to home and building somewhere new are not two separate things. They never were. ## About the role LemFi moves over $2B a month for 2M+ customers across 30+ countries. Canada is a core corridor, and the person in this seat is the most senior compliance voice in the country. You own the AML programme end to end, hold the FINTRAC relationship, and are the designated compliance officer on the Canada entity's books. This is a fully remote role that reports to the Canada entity Board of Directors and the Global Head of Compliance. You will be the primary expert on the RPAA as it comes into force, manage banking and payments partner obligations, and represent LemFi with regulators and law enforcement. There is real scope here: you are building and maintaining something that matters, not inheriting a finished programme. ## What you'll build and own - Own and maintain the Canada AML compliance programme, keeping it aligned with LemFi's global AML policy, FINTRAC requirements, and provincial regulations - Become LemFi's internal RPAA expert: develop the RPAA programme from the ground up and champion implementation across the business - Hold the FINTRAC relationship directly, manage MSB registration renewals, and lead regulatory and independent AML audits in Canada - Submit and oversee all regulatory filings: STRs, UARs, EFTOs, EFTIs, and any ad hoc reports required by regulators or banking partners - Maintain and develop relationships with Canadian banking and payments partners, fulfilling partner obligations including periodic reports and cooperative filings - Develop and maintain the regional AML risk assessment, identify key risk indicators, and brief the Board, CCO North America, and senior leadership on the programme's health - Guide compliance staff on Canada-specific responsibilities and engage cross-functionally wherever the global compliance team needs your expertise ## Your experience - At least 3 years in a senior or management compliance role at a Canada-based fintech or financial institution - Direct, hands-on experience with FINTRAC: regulatory communications, MSB registration, and licensing or registration renewals - Deep working knowledge of Canadian federal AML obligations under PCMLTFA, including STR, UAR, and EFTO/EFTI reporting - Familiarity with the RPAA and a clear view of what compliance with it requires in practice - Experience leading or managing regulatory or independent AML audits, including preparing documentation and responding to examiner findings - Track record of managing banking or payments partner relationships, including fulfilling partner-driven compliance obligations - Strong written and verbal communication: you can translate complex regulatory requirements into clear policy, and brief a Board or regulator with equal confidence ## Nice to have - CAMS certification or an equivalent recognised AML qualification - Experience operating within a multi-entity, multi-corridor compliance structure - Exposure to cross-border payments or remittance-specific risk typologies Why join LemFi? Your work here puts money back into families' pockets. That's the reward, and the weight of it. You'll take on some of the hardest problems in finance alongside people who do their best work when the stakes are real. We move fast and we expect a lot, because our customers can't afford for us to do otherwise. In return you get room to own real problems, global impact you can see, and a team that won't slow you down. Bring grit and ownership and there's a place for them here. Ambition belongs here, come and show us yours. Follow us on [LinkedIn](https://www.linkedin.com/company/lemfi/) and [Instagram](https://www.instagram.com/uselemfi/) and if you haven't already, download the app on the [App Store](https://apps.apple.com/gb/app/lemfi/id1533066809) or [Google Play](https://play.google.com/store/apps/details?hl=en&id=com.lemonadeFinance.android). Don't feel that you're right for this role, but want to submit your interest in working for LemFi? You can join our [talent community](https://jobs.ashbyhq.com/lemfi/form/talent-community) to stay in touch for future opportunities. Recruitment agencies notice LemFi does not accept unsolicited CVs from recruitment agencies. We work only with agencies on our preferred supplier list, and only when we’ve asked them for their support. Any CVs sent to us outside this arrangement will not incur a fee. AI in hiring at LemFi We use AI to cut admin, like notetakers that let interviewers focus on the conversation instead of typing. AI never makes hiring decisions. That responsibility always sits with our hiring teams. Read our [AI use policy](https://www.lemfi.com/en-gb/legal/candidate-ai-use) to see how we use AI and how we expect you to use it too. ## About LemFi ## Company Overview - **One-liner**: LemFi is a financial technology company that provides multi-currency wallets and international payment services tailored for immigrants and the Global South. - **Entity Type**: Private (Venture Capital-Backed) - **Headquarters**: Toronto, Canada (also has offices in Oakland, California and London, UK) - **Founded**: 2020 - **Founders**: Not publicly listed on the main company page, but former known as Lemonade Finance. ## Core Business - Primary industry: Financial Services / FinTech (International Payments and Remittances) - Target customers: B2C — primarily immigrants and diaspora communities, with a focus on serving the Global South. They also offer B2B capabilities for international payment needs. - Mission/Purpose: *"To improve the financial life of the next generation of immigrants."* The company focuses on solving the financial hurdles people face when moving to a new country. ## Products & Services - **International Money Transfer**: Send money to 30+ countries with zero transfer fees and competitive exchange rates. - **Multi-Currency Wallet**: Open and manage accounts in multiple currencies, with the ability to convert and hold funds. - **Request Money**: Send payment requests or share a payment link for easy collections. - **eSIM**: "Instant Connection, Anywhere you go" — providing mobile connectivity services for travelers and immigrants. ## Market Standing - **Valuation**: Not publicly disclosed. - **Key Metric**: Total funding raised of approximately **$85.6M** (per PitchBook). - **Customers**: Over **1,000,000+ customers** as of their last update. - **Notable Investors/Partners**: Backed by 45 investors including **Armyn Capital, Endeavor Catalyst, Highland Europe, Silverbacks Holdings, and Stonewater Ventures**. They have partnerships with Visa (cross-border payments), ClearBank (agency banking services), and have recently hired former OPay COO, Allen Qu, to lead China expansion. - **Growth Signals**: - Headcount growth: Over 200+ employees (300 per PitchBook, 121 on Built In). - Expanded to serve China and South Asia. - High-growth trajectory with a focus on remittance-heavy corridors (UK, US, Canada). - **Recent Deal**: Merged with Pillar (Financial Software) in June 2025 (per PitchBook). ## Competitive Advantages - **Zero Fees**: Zero transfer fees and competitive exchange rates are a key differentiator in the remittance market. - **Laser Focus on Immigrants**: The company's entire product suite is designed around the immigrant experience (multi-currency wallets, requests, eSIM) rather than being a general money transfer app. - **Speed**: "Usually delivered in minutes" — faster than traditional remittance services. - **Strong Backing**: A large, high-quality investor base (45 investors) and strategic partnerships (Visa, ClearBank) provide a solid moat. - **Experienced Team**: Team members come from top companies including Monzo, Opera, Kraken, Kaufland, Uber, and Andela. ## Strategic Focus - **Global Expansion**: Explicit focus on entering China, South Asia, and other key corridors for immigrants. - **Product Ecosystem**: Moving beyond simple transfers into multi-currency wallets, payment requests, and mobile connectivity (eSIM). - **Scale Infrastructure**: Hiring key leadership (VP of Growth, Head of Finance & Business Intelligence, VP of Cards) to professionalize operations and build for scale. - **Partnerships**: Deepening relationships with Visa and banks to expand reach and capabilities. ## Why Work Here - **Remote/Hybrid/Office**: The company supports a hybrid and remote work model. Offices in Oakland (US), London (UK), and Toronto (Canada). - **Culture & Perks**: Described as a high-growth, mission-driven environment building a product for a tangible impact on immigrants' lives. - **Team Size & Growth**: The company is on a strong growth trajectory (from 121 to 300 employees in a short period), offering significant upside for early employees. - **Engineering & Product Focus**: The team includes roles like VP of Cards and Head of Infrastructure, suggesting a strong technical spine. - **Diverse Locations**: Opportunities to work in Canada, the UK, the US, Nigeria, and the Philippines, reflecting a truly global operation. ## Sources 1. [lemfi.com](https://lemfi.com/) 2. [lemfi.com/en-at/about](https://lemfi.com/en-at/about) 3. [jobs.ashbyhq.com/lemfi](https://jobs.ashbyhq.com/lemfi) 4. [builtin.com/company/lemfi](https://builtin.com/company/lemfi) 5. [pitchbook.com/profiles/company/458201-62](https://pitchbook.com/profiles/company/458201-62) ## Other roles at LemFi - [Head of InfoSec & ICT Risk - LemFi Europe](https://feeny.ai/job/head-of-infosec-ict-risk-lemfi-europe-lemfi-dublin-vkn89vx93xzr) — Dublin, Ireland - [Senior CRM Manager - Automations](https://feeny.ai/job/senior-crm-manager-automations-lemfi-london-6m9xrfsya71g) — London, United Kingdom - [Senior CRM Executive](https://feeny.ai/job/senior-crm-executive-lemfi-london-c6ayk821ztkb) — London, United Kingdom - [Senior Performance Marketing Manager](https://feeny.ai/job/senior-performance-marketing-manager-lemfi-london-jp0n3g3jfyms) — London, United Kingdom - [Senior Growth Manager - Pakistan](https://feeny.ai/job/senior-growth-manager-pakistan-lemfi-london-c99tgnjaetk0) — London, United Kingdom - [Senior Technical Accountant](https://feeny.ai/job/senior-technical-accountant-lemfi-london-307a7jpg6mkw) — London, United Kingdom - [FP&A Manager](https://feeny.ai/job/fp-a-manager-lemfi-london-9zry1pa4kbe8) — London, United Kingdom - [European Entity Controller](https://feeny.ai/job/european-entity-controller-lemfi-dublin-jzgncwwgsq8e) — Dublin, Ireland - [UK Entity Controller](https://feeny.ai/job/uk-entity-controller-lemfi-london-c9a0qd72zb0g) — London, United Kingdom - [Senior Growth Manager - France to Morocco](https://feeny.ai/job/senior-growth-manager-france-to-morocco-lemfi-france-kr9dtfdjgx0x) — France