Financial Crime Risk Specialist

About Nubank

Nubank was founded in 2013 to free people from a bureaucratic, slow, and inefficient financial system. Since then, the company has been redefining people's relationships with money across Latin America through innovative technology and outstanding customer service. With operations in Brazil, Mexico, and Colombia, Nubank is one of the world’s largest digital banking platforms and technology-leading companies.
Today, Nubank is a global company with offices in São Paulo (Brazil), Mexico City (Mexico), Bogotá (Colombia), Durham (United States), and Berlin (Germany). It was founded in 2013 in Sao Paulo by Colombian David Vélez, and cofounded by Brazilian Cristina Junqueira and American Edward Wible. For more information, visit www.nubank.com.br.

About the role

• Conducting Product Maturity Assessments: Perform in-depth analyses to evaluate the robustness of fraud prevention, monitoring, and alert mechanisms implemented by product teams, ensuring compliance with prevention requirements and identifying opportunities for improvement.
• Managing the Fraud Risk and Control Matrix (RCM): Maintain, review, and update the fraud RCM to ensure alignment with Nubank’s risk management framework and proper implementation.
• Defining and Monitoring KRIs: Collaborate in defining and tracking Key Risk Indicators (KRIs) related to fraud risks.
• Analyzing Risks and Promoting Awareness: Analyze risks identified in post-mortem reviews and promote a culture of fraud prevention awareness across Nubank.
• Conducting Risk Assessments: Carry out risk assessments in Fraud and Product BUs to identify risks, test the effectiveness of existing controls, and support the definition of response strategies.
• Ensuring Methodological Alignment: Ensure that risk management methodologies are aligned with the needs of the Fraud area. Additionally, the role involves ensuring the Fraud BU operates within Nubank's risk appetite through monitoring and support.
• Collaborating Strategically: Work closely with the Fraud BU (1st line), Product teams, and other areas, aligning priorities, sharing data-driven analyses, and facilitating communication to achieve common goals.
• Participate in fraud risk forums and committees with senior leadership at Nubank to discuss fraud risks.

• Proven experience in fraud prevention and risk management, preferably in the financial, payments, or fintech sector.
• Deep knowledge of different fraud typologies (e.g., Identity Fraud, Mule Accounts, Card Fraud, Boleto/TED Fraud).
• Hands-on experience with risk assessment methodologies (e.g.COSO) and in developing/maintaining Risk and Control Matrices (RCM).
• Strong analytical skills, with the ability to interpret data, evaluate processes, identify vulnerabilities, and propose effective solutions.
• Experience in conducting risk assessments and control testing..
• Excellent communication skills (verbal and written) and ability to collaborate effectively with different stakeholders at various levels.
• Ability to work independently, manage multiple tasks, and meet deadlines.
• Proficiency in Portuguese and English (advanced level required for reading documents, communication, and attending meetings), and fluency in Spanish is a plus.
• Familiarity with data analysis tools and fraud prevention/risk management systems.