Financial Crime Risk Specialist

Financial Crime Risk Specialist - São Paulo

Location: São Paulo, SP, Brazil

About Nubank

Nubank is a leading digital bank in Latin America, founded in 2013, with operations across Brazil, Mexico and Colombia, and a growing global footprint.

What you'll do

• 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, and ensure 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.

Requirements

• 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 COSO or similar risk assessment methodologies 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 verbal and written communication skills and ability to collaborate with stakeholders at various levels.
• Ability to work independently, manage multiple tasks, and meet deadlines.
• Proficiency in Portuguese and English (advanced for reading documents, communication, and meetings); Spanish is a plus.
• Familiarity with data analysis tools and fraud prevention/risk management systems.