Regulatory Compliance Specialist

1 Week ago • 7 Years +

Job Summary

Job Description

The Regulatory Compliance Specialist will support Nubank's growth by identifying regulatory risks, designing and implementing controls, and providing advisory on regulations. Responsibilities include researching regulations, project management for implementation, evaluating new products, keeping teams informed of requirements, providing advisory, monitoring inquiries, creating and updating policies, and coordinating audits. The role requires experience in regulatory compliance, AML, or regulatory areas for Banks, SOFIPO and/or Fintechs.

Must have:

7+ years experience in regulatory compliance or AML.
Experience in filing and obtaining financial licenses.
Experience with CNBV & Banxico regulatory requirements.
Ability to develop and implement policies and procedures.
Ability to provide regulatory advisory and law interpretation.
Ability to work with multidisciplinary teams.
Self-starter and ability to work independently.
Excellent communication and listening skills.
Fluency in both English and Spanish.

Perks:

Health and life insurance
Food card
15 days of paid vacation with 25% vacation bonus
Holiday Bonus ("Aguinaldo") of 30 days of pay per year
NuLanguage - Our language learning program
Extended maternity and paternity leaves
Chance of earning equity at Nubank

2 skills required

2 skills required for this role

Add these skills to join the top 1% applicants for this job

data-science

team-player

Job Details

About Nubank

Nubank was founded in 2013 to free people from a bureaucratic, slow and inefficient financial system. Since then, through innovative technology and outstanding customer service, the company has been redefining people's relationships with money across Latin America. With operations in Brazil, Mexico, and Colombia, Nubank is today one of the largest digital banking platforms and technology-leading companies in the world.

Today, Nubank is a global company, with offices in São Paulo (Brazil), Mexico City (Mexico), Buenos Aires (Argentina), 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.

Our Compliance Chapter

The Compliance Team has a very special role in our mission: support the company’s growth by identifying the regulatory risks that NU faces; designing and implementing controls to protect Nu from such risks; and by providing advisory to the Business on regulations and internal policies to create the best product or service that follows with these external and internal regulations and standards.

Responsibilities assigned to you might be related to:

Research regulations and project management for its implementation. Project management related to new regulations and licensing processes.Lead efforts and align requirements towards new financial licenses.Evaluate from a compliance perspective new products and features to be launched. Keep other teams abreast of requirements by researching regulatory and filing information; writing and communicating guidelines.Provide advisory to other teams about the regulation to establish new processes or controls.Monitor and respond to inquiries received from Regulators, Auto Regulatory bodies or Auditors.Create and update Compliance policies and procedures.Liaise and work closely with various teams to enhance systems and processes related to Compliance. Coordinate or support regulatory reviews or audits.Support in identifying regulatory gaps and tracking its implementation.

We believe in

Entrepreneurship spirit;Exceptional team chemistry;Ownership

How We Work

You act like you own the company where you workYou are enthusiastic about building partnership with other teamsYou are willing to go the extra mile and getting involved in many areasYou challenge the status quoYou thrive in dynamic, fast-paced, results-oriented teamsYou are hungry and enjoy being constantly challenged to learn and do more

Requirements

+7 years' or above experience in regulatory compliance, AML or regulatory areas for Banks, SOFIPO and/or Fintechs.Proven experience in filing and obtention of financial licenses such as Fintech or Bank and project management for that.Experience with CNBV & Banxico regulatory requirements for Financial Institutions.Ability to develop policies and procedures from scratch and implement them.Ability to conduct regulatory advisory and law interpretation by providing consultation to business areas as well as internal clients.Ability to tackle complex problems involving several topics/variables, such as business, regulatory, finance and product.Ability to work and lead through influence multidisciplinary teams (product, software engineering, data science, analysts and customer service).Self-starter and ability to work independently.Great team player, communication (written and verbal) and listening skills.Fluency in both English and Spanish.

Benefits

Health and life insurance
Food card
15 days of paid vacation with 25% vacation bonus
Holiday Bonus ("Aguinaldo") of 30 days of pay per year
NuLanguage - Our language learning program
Extended maternity and paternity leaves
Chance of earning equity at Nubank

Diversity and Inclusion at Nu

We want to have a product for everyone, and we build strong and diverse teams that rise up to the challenge. We are a team of the most creative people in technology, and we hire under equal opportunity, irrespective of gender, ethnicity, religion, sexual orientation or background. We are proud to say that 30% of Nubanker recognize themselves as part of the LGBTQ+ community, and 40% of our team identify as women, in all positions and seniority levels. We are a very process-light organization that values human interactions, and that is a very important part of our culture. At Nu, everyone has the opportunity to speak up and participate, grow and share ideas.

The position is based in Mexico City, Mexico