Regulatory Solutions Analyst

About Nubank

Nubank is one of the world's largest digital financial services platforms, with around 54 million customers in Brazil, Mexico and Colombia. As one of the world's leading technology companies, Nubank leverages its technology and innovation to create new financial solutions for individuals and SMEs that are simple, intuitive, convenient, low-cost and human. Guided by its mission to fight complexity and empower people, Nubank is advancing access to financial services in Latin America, connecting profit and purpose to create value and positively impact the communities in which it operates. For more information, visit www.nu.com.co

Our Regulatory Solutions Team

Our mission is to support Nu’s sustainable growth, ensuring the AML process and regulatory routines are in compliance with local and international regulatory requirements, challenging the status quo through: 

• Promoting the best customer experience to our fanatic customers, ensuring a high-quality standard of client data, as well as its regulatory adherence; 
• Execute AML operational routines including but not limited to KYC, PEPs, Sanctions, Enhanced Due Diligence, FATCA/CRS (KYC Ops Team), Transactional Analysis (AML Ops Team), and Embargoes, contributing to a more ethical and fair society, truly understanding that compliant operations are a key driving force for the solid growth and development of Nubank.
• Being diligent, flexible, and resilient, according to Nu's principles!

To accomplish that, the RegSol - KYC Ops team is charged with safeguarding Nu by adhering to established regulatory requirements related to the FATCA/CRS operational routines, ensuring the continuity of our business.

As a Regulatory Solutions Analyst- FATCA, You're Expected To

• Define and execute the operational KYC process to determine the FATCA/CRS reportable population;
• Review and analyze customer documentation to determine FATCA/CRS status and reporting requirements;
• Identify and mitigate potential FATCA/CRS risks;
• Maintain accurate and up-to-date records of customer information and KYC documentation.
• Lead the development and implementation of internal policies and procedures related to FATCA/CRS compliance;
• Stay updated on changes in FATCA/CRS regulations and best practices;
• Work closely with other departments, including Compliance, Legal, and Operations, to ensure seamless execution of the FATCA/CRS KYC process;
• Provide timely and accurate information to stakeholders regarding FATCA/CRS compliance.

We're Looking for an experienced Regulatory Solutions - FATCA/CRS Analyst Who Has:

• Bachelor’s Degree;
• 3+ years of experience in FATCA/CRS compliance, KYC, or a related field
• Proven experience in handling FATCA/CRS reporting in the Colombian financial sector in the last year.
• Strong understanding of FATCA/CRS regulations and best practices, considering the local Colombian context ;
• Attention to detail, data-driven & results-oriented;
• Languages: Advanced or native Spanish and English
• Great communication skills; enjoys engaging in discussions with people from different backgrounds and cultures.
• A solid analytical background is desired. Must be comfortable manipulating data. Programming is not required, but candidates need to display interest in learning basic data analysis skills (e.g., SQL)

Core Benefits

• Equity at Nubank
• Health insurance
• Vacations of 15 workdays
• NuLanguage - Language learning program
• Parental leaves

The position is based in Bogotá, Colombia

Diversity & Inclusion at Nubank

We want to have a product for everyone, and we build strong and diverse teams that rise 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 Nubankers recognize themselves as part of the LGBTQ+ community, and 40% of our team comprises women in all positions and seniority levels. We are a very process-light organization that values human interactions, and that is an essential part of our culture. At Nubank, everyone has the opportunity to speak up and participate, grow, and share ideas.

Nubank continues to hire for all open roles, all interviewing and onboarding is done virtually. Everyone new to the team and our current staff will be working from home for 7-8 weeks and 1 at the office (Bogotá).