Senior Compliance Director Card Issuing & Cross-Border Payments
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Job Location:
Monthly Salary:
Posted on:
20 hours ago
Vacancies:
1 Vacancy
Job Summary
OTT Pay Inc. is an established fully funded fintech company focused on delivering streamlined financial payment solutions. With a strategic focus on both acquiring and issuing business we are developing a mobile-first platform that offers a wide range of financial services loyalty programs and innovative products including credit cards payment solutions e-commerce gift cards and more. We are a results-driven forward-thinking organization that values goal orientation and continuous improvement.
At OTT Pay you will find abundant opportunities for professional growth working alongside a talented and diverse team from various industries. Our collaborative and innovative environment fosters learning and development empowering you to excel and make a tangible impact. This is a unique chance to join a company dedicated to reshaping financial solutions for the future.
We are seeking a highly experienced Senior Compliance Director specializing in Card Issuing and Cross-Border Payments. This role is responsible for building leading and maintaining a robust compliance framework covering credit card issuance cross-border payments and foreign exchange activities in alignment with Visa and Mastercard rules and global regulatory standards.
This is a key strategic role that directly impacts the scalability of card and cross-border businesses the companys credibility with banks and card networks and readiness for investment banking due diligence and IPO.
Whatsin it for you:
- Competitivesalarydepending on experience plus performance bonus
- Extended Health Dental and Vision Benefits
- Life and Disability Insurance
- Generous Vacation Leave
- Centrallylocatedmodern and spacious offices close to Eglinton and Leslie
- Free use of onsite Gym and Sports Facilities and regular Company Social Events
- Learning and Professional Development Support
- Tremendous opportunities for Growth and Development
How you will contribute:
Card Issuing Compliance
- Lead compliance governance for credit cards prepaid cards and debit cards.
- Interpret and implement Visa and Mastercard rules BIN responsibilities and issuer obligations.
- Review card product structures usage scenarios MCC controls and geographic restrictions.
- Oversee chargeback management fraud ratios dispute monitoring and network risk thresholds.
Cross-Border Payments & FX Compliance
- Design and manage compliance frameworks for cross-border payment flows.
- Ensure regulatory compliance for FX exchange rate mechanisms and fund usage.
- Oversee AML CTF sanctions screening and transaction monitoring across jurisdictions.
Regulatory & Authority Liaison
- Act as the primary liaison with regulators card networks sponsor banks and issuing partners.
- Lead license applications ongoing regulatory reporting audits and remediation actions.
- Support government and regulatory examinations and reviews.
Internal Governance & Risk Collaboration
- Develop and maintain compliance policies procedures and internal controls.
- Partner closely with Product Technology Risk and Operations teams.
- Hold escalation and veto authority on material compliance and regulatory risks.
IPO & Investment Banking Support
- Support IPO and pre-IPO compliance readiness.
- Participate in investment banking and legal due diligence.
- Clearly document entity obligations responsibility boundaries and risk disclosures.
What you bring to the table:
Experience & Expertise
- Minimum 10 years of experience in financial services compliance.
- Hands-on experience in at least two of the following: credit card issuing prepaid/debit cards cross-border payments foreign exchange Visa/Mastercard programs.
- Prior experience at issuing banks sponsor banks global payment institutions or large fintech companies.
- Ability to design compliance frameworks from the ground up.
- Strong understanding of product structures system architecture and fund flows.
- Ability to balance regulatory requirements with business execution.
- Strong judgment and decision-making under pressure.
- Multi-jurisdiction compliance experience (North America plus Asia or Europe). (Nice to have)
- IPO or pre-IPO compliance experience. (Nice to have)
- Experience with BIN migration or sponsor-to-principal issuer transitions. (Nice to have)
Office Location: 1123 Leslie Street North York
Schedule: Mon Fri 9:00am to 5:30pm
OTT Financial Group is committed to fostering an inclusive and accessible environment where all employees feel valued and respected and where every employee can realize their potential. We are committed to providing reasonable accommodation if required and will work with you to meet your needs. We appreciate all applicants for their interest; however only those candidates selected for an interview will be contacted.
Required Experience:
Director
Key Skills
- Compliance Management
- Risk Management
- Financial Services
- PCI
- Banking
- Cost Accounting Standards
- Quality Systems
- Research Experience
- NIST Standards
- Securities Law
- SOX
- ISO 27000
About Company
Accept a wider World of Payments. Let your customers choose however they want to pay, in-store and online. Integrate popular international e-wallets with over 1 billion users. Unlock new markets with OTT Pay.
