Nium

Director – Regulatory Compliance & MLRO

Nium

full-time

Posted on:

Origin:  • 🇧🇷 Brazil

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Job Level

Lead

About the role

  • Act as Nium’s designated Money Laundering Reporting Officer (MLRO) in Brazil, including responsibility for regulatory filings (e.g., SAR/STR to COAF)
  • Serve as primary point of contact with Brazilian regulators (Central Bank, COAF, CVM) and partner banks
  • Ensure alignment of Brazilian compliance framework with Nium’s global standards and policies
  • Lead compliance reporting into Brazilian subsidiary boards and committees and report to the Chief Compliance Officer (CCO)
  • Develop, implement, and maintain AML/CTF methodology tailored to the Brazilian market, including PIX-specific risks and cross-border FX/remittance flows
  • Conduct country-level risk assessments, identify gaps and implement scalable controls
  • Oversee transaction monitoring, sanctions screening (OFAC, UN, EU, Brazilian lists), and high-risk client reviews
  • Horizon-scan for regulatory changes and update controls accordingly
  • Lead AML/CTF internal control reporting, fraud oversight, periodic risk reviews, and compliance testing programs
  • Manage external audits, regulatory inspections, and partner bank due diligence processes
  • Roll out Compliance Training Framework across Brazil and build/mentor a local compliance team
  • Drive compliance process automation and adoption of RegTech solutions; develop dashboards and MI reporting for senior management

Requirements

  • Minimum 10 years’ experience in senior compliance roles within regulated institutions, ideally Payments/Fintech
  • Demonstrated expertise in Brazilian financial regulation (Central Bank, COAF, CVM) including Central Bank licensing and COAF reporting
  • Proven experience managing AML/CTF frameworks in cross-border payments and remittances
  • Strong knowledge of correspondent banking, FI, and Banking-as-a-Service (BaaS) clients in the Americas
  • Professional certifications: ACAMS/CRCM required; Brazilian compliance/legal affiliations (e.g., OAB, ABBC/Febraban forums) preferred
  • Fluent in Portuguese and English (written and verbal)
  • Strong analytical, problem-solving, and leadership skills
  • Track record of effective regulator engagement and board-level compliance reporting
  • Experience in building, leading, and motivating compliance teams
  • Collaborative, pragmatic, and adaptable mindset
  • Appointment contingent on passing regulators’ Fit and Proper assessment and maintaining ongoing approval under Brazilian law