ABOUT NUBANK

Nubank was established with the goal of freeing 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. Nubank is now one of the largest digital banking platforms and financial technology companies in the world.

Nubank was founded in Sao Paulo in 2013, by Colombian David Vélez, and cofounded by Brazilian Cristina Junqueira and American Edward Wible. 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). For more information, visit www.nubank.com.br

ABOUT THE TEAM

As Nubank continues its global expansion and continues innovating, the risk landscape becomes increasingly complex. While Nubank has developed a strong risk structure within the 2nd Line of Defense, we are looking to continue strengthening our risk maturity in the 1st Line. The Business Control Officer (BCO) team was therefore created to directly support the various business units of Nubank with managing their risks in a proactive manner, with the assumption that the 2nd and 3rd lines of defense do not exist.

This team is also continuously evolving, and BCOs are expected to directly contribute to the development of the BCO structure, by bringing their ideas to the table, and help create "best in class" risk management in the 1st Line of Defense.

ABOUT THE ROLE

You will be part of the Investments Business Unit, being expected to support the BU in achieving its objectives while balancing risk and business priorities. By being hands-on, you will lead by example and support the teams, always keeping in mind the vision that we have established: "To pave the way for all 1st Line Nubankers to become risk leaders".

To do so, you, as a BCO, will follow 4 pillars of activities:

1. Bring risk management to the forefront of 1st line activities – without slowing down product development and innovation;
2. Build a robust internal controls environment;
3. Democratize regulatory requirements in the 1st line;
4. Influence 1st line managers to foresee risks independently and act accordingly.

AS A BCO YOU WILL:

• Support/coordinate the Investments teams in managing and fulfilling its first line risk management activities (including but not limited to Business Continuity Management, Incident Management, Operational Losses & Risk Events Management, Regulatory Compliance);
• Build relevant governance in a useful and non bureaucratic way;
• Proactively identify risk areas and tackle relevant remediation activities;
• Challenge the design and implementation of controls;
• Add a risk lens to strategy and product development on Local and Global initiatives;
• Drive and complete documentation activities to minimize single point sensitivities and conduct process mapping;
• Coordinate 2nd, 3rd and 4th line actions and review/challenge both audit and the business and also supporting Global processes.

WHAT WE ARE LOOKING FOR:

• Investments and Non-Financial risk (incl. but not limited to Operational Risk) knowledge;
• Regulatory Risk knowledge;
• Hands-on and take ownership where possible;
• Independence and proactivity;
• Ability to build strong relationships with all levels of the organization;
• Quick learner;
• Good communication skills (concise and clear);
• Wants to improve and challenge the status quo;
• Ability to challenge the various Lines of Defense.

  BENEFITS:

• Health, dental and life insurance
• Meal allowance
• Transportation assistance
• 30 days of paid vacation
• Equity at Nubank
• Parking partnership - discounted parking in our office
• Free bike parking with showers available
• NuCare - Our mental health and wellness assistance program
• NuLanguage - Our language learning program
• Gympass partnership
• Extended maternity and paternity Leaves
• Child care allowance
• ‘Espaço Feijão’- Private nursing and breastfeeding spaces in our buildings
• Onsite Health Center - Medical support for every Nubanker in our office

ROLE LOCATION

São Paulo, Brazil