Compliance Specialist

About Us

Nu is one of the largest digital financial platforms in the world with more than 122 million customers across Brazil Mexico and Colombia. Guided by our mission to fight complexity and empower people we are redefining financial services in Latin America and this is still just the beginning of the purple future were building.

Listed on the New York Stock Exchange (NYSE: NU) we combine proprietary technology data intelligence and an efficient operating model to deliver financial products that are simple accessible and human.

Our impact has been recognized by global rankings such as Time 100 Companies Fast Companys Most Innovative Companies and Forbes Worlds Best Bank. Visit our institutional pagehttps://

About the team:

At Nubank Compliance is a strategic partnernot a tollgate. We view effective Risk Management & Compliance as the engine that maintains agility and empowers rapid responsible growth across multiple global markets. Our team partners directly with internal clients using a targeted friction approach: we focus on the most relevant regulatory risks and embed compliance directly into product design rather than distributing rules after the fact.

The Global Compliance function serves as the Second Line of Defense responsible for the full regulatory lifecycle: tracking new regulations advising product and technology teams testing controls coordinating regulatory inspections and monitoring remediation of regulatory issues.

You will be responsible for

• Independently advise business partners on new product initiatives marketing campaigns servicing processes and system implementations to identify and mitigate compliance risk before deployment.
• Provide effective challenge to the First Line of Defense (Business Operations Marketing Product) on the design and adequacy of compliance controls policies and procedures.
• Interpret and apply federal and state consumer protection laws to diverse and complex business scenarios offering actionable compliance solutionsnot just risk flags.
• Assess the compliance and regulatory impact of internal operational events (e.g. system errors process failures vendor issues) audit findings and external regulatory changes; develop and drive remediation plans for compliance-related issues in coordination with the First and Third Lines of Defense.
• Translate complex regulatory requirements into plain-language guidance for cross-functional teams business leadership and where applicable external stakeholders (e.g. partner banks regulators).
• Monitor emerging consumer banking trends proposed rulemaking and enforcement actions to proactively identify risks and advise the business on implications.
• Design execute and own monitoring and testing of the unsecured lending lifecycleapplication processing underwriting pricing and servicingfor adherence to the Equal Credit Opportunity Act (ECOA/Reg B) and related fair lending requirements.
• Lead the compliance review of models used for credit decisions pricing and account management ensuring they integrate Fair Lending and Consumer Protection requirements consistent with Model Risk Management principles (OCC 2011-12 / Fed SR 11-7).
• Own the compliance monitoring of collections practices and communications (call scripts letters digital messages) for adherence to the Fair Debt Collection Practices Act (FDCPA) Reg F and applicable state collections laws.
• Support the build-out of a compliance management system (CMS) appropriate for a de novo national bank under OCC supervision including policies procedures monitoring testing training and complaint management.

Qualifications

• 58 years of dedicated compliance risk or audit experience within a US financial institution bank or regulated fintech.
• Bachelors degree in Finance Law Business Administration or a related field.
• Deep working knowledge of US consumer compliance regulations including ECOA/Reg B TILA/Reg Z UDAAP (Section 5 FTC Act / Dodd-Frank 1031) FDCPA/Reg F FCRA/Reg V and SCRA. Familiarity with broader US banking regulations (e.g. BSA/AML EFTA/Reg E GLBA/Reg P) is a plus.
• Demonstrated ability to independently interpret regulatory requirements and apply them to complex ambiguous business scenariosnot just follow established playbooks.
• Experience providing compliance advisory to product technology or business teams in a fast-paced environment
• Track record of building or materially improving compliance processes controls or monitoring programs (not just operating within existing ones).
• Ability to communicate complex regulatory topics clearly to non-compliance audiences.
• Comfort operating with a high level of autonomy while knowing when to escalate.

Location & Work Model

• Hybrid 2-3 times/week: Our hybrid work model brings us to the office at least twice a week on strategic days designed to maximize team connection and collaboration. For more details visithttps:// of earning equity at Nu
• Medical Insurance
• Dental and Vision Insurance
• Life Insurance and AD&D
• Extended maternity and paternity leaves
• Nucleo - Our learning platform of courses
• NuLanguage - Our language learning program
• NuCare - Our mental health and wellness assistance program
• Extended maternity and paternity leaves
• 401K
• Saving Plans - Health Saving Account and Flexible Spending Account
• Work-from-home Allowance
• Relocation Assistance Package if applicable.