Director, Financial Crime Compliance (Brazil)

• Full-time
• Cost Center Hierarchy: Compliance
• CKO Department: Risk, Audit, and Compliance

Company Description

Checkout.com is one of the most exciting fintechs in the world. Our mission is to enable businesses and their communities to thrive in the digital economy. We’re the strategic payments partner for some of the best known fast-moving brands globally such as Wise, Hut Group, Sony Electronics, Homebase, Henkel, Klarna and many others. Purpose-built with performance and scalability in mind, our flexible cloud-based payments platform helps global enterprises launch new products and create experiences customers love. And it's not just what we build that makes us different. It's how.

We empower passionate problem-solvers to collaborate, innovate and do their best work. That’s why we’re on the Forbes Cloud 100 list and a Great Place to Work accredited company. And we’re just getting started. We’re building diverse and inclusive teams around the world — because that’s how we create even better experiences for our merchants and our partners. And we need your help. Join us to build the digital economy of tomorrow.

Job Description

What you’ll be doing

To support our ongoing expansion across the Americas region, Checkout.com is now actively seeking a Financial Crime Compliance Director/Officer, to be based in Brazil and to act as the primary Compliance leader for our Brazilian operations.

The incoming leader will join a growing international team dedicated to Compliance. Reporting into our Director, Financial Crime Compliance, this role will work closely with various other functional partners (including Sales, Onboarding, Transaction Monitoring, Legal, Product...), ensuring compliance with all applicable requirements concerning FinCrime, AML/CTF and financial regulation.

The ideal candidate will be a confident leader with strong interpersonal and organizational skills. They will demonstrate an ability to promote proactive and effective solutions and exercise good judgment when partnering with internal and external stakeholders within a fast-paced, dynamic environment.

How you’ll make an impact

1. Launching the compliance program for Checkout’s Brazilian operations and assisting with licensing and scheme registrations
2. Providing oversight and compliance advice to the Brazil team, ensuring risk management and mitigation policies are embraced and adequately addressed
3. Reviewing escalations from the first line of defense, approving merchant applications and making sure necessary CDD is performed at all times
4. Defining, developing and documenting the Financial Crime and AML Programs to manage all sources of regulatory risk and providing reporting which meets the needs of our Brazilian regulators and bank partners to ensure they remain up to date with all standardized regulatory and international methodologies
5. Delivering country-specific risk assessments; highlighting control gaps
6. Managing compliance reporting as per regulatory and governance requirements and issuing internal reports to Senior Management (such as AML/CTF internal control reports, fraud, periodic internal reports etc.)
7. Acting as the nominated officer, managing the Brazil suspicious activity reporting (SAR) process, internally and externally
8. Assessing high-risk merchants whether at onboarding, as part of regular reviews or during trigger events, and delivering well-justified recommendations; ensuring these are being monitored accordingly
9. Training and supporting all necessary staff to ensure they understand their responsibilities and are fully literate in Checkout.com’s money laundering and compliance policies and procedures; understanding how they can identify financial crime and how they should escalate suspicious activity internally and externally in the appropriate manner
10. Serving as a liaison to the local authorities, managing filings to the local Financial Investigation Unit (FIU) and communicating with regulators
11. Supporting the business and signing off, where necessary, the launch of products to ensure regulatory requirements are met, as appropriate
12. Participating in numerous ad-hoc Group compliance projects as needed
13. Maintaining awareness of industry trends on financial crime risks, emerging threats, investigating and assessing potential risks and taking appropriate steps to mitigate it
14. Contributing to updating AML/CTF risk classifications and assessing ongoing risk exposure with new products/activities
15. Partnering with key stakeholders to develop and implement standards, processes, programs, and best practices related to risk management

Qualifications

10+ years of experience within regulated companies, in senior Compliance roles with robust knowledge on Compliance topics (e.g. KYB / KYC, AML/CFT, sanctions etc…)

Proven domain expertise in the Financial Services/Payments sectors in Brazil with a strong understanding of payments products and flows, and of the related nuance of Compliance operations in this industry

ACAMS/ICA certification is preferable

Strong analytical skills with experience in complex problem-solving and ability to implement and deliver solutions as well as identifying opportunities for change

Good organizational, stakeholder management skills and willingness to expand technical knowledge across a broad range of topics and projects

A clear sense of accountability and a solution-oriented mindset (will represent our "be the owner" operating principle) and lead by example

Ability to identify inefficiencies, see the bigger picture, challenge the status quo and define scalable and sustainable processes for the future

Well organized self-starter, able to prioritize quickly and meet deadlines even under pressure; able to articulate roadmaps and deliverables clearly

Strong stakeholder management and communication skills, with the ability to work independently and autonomously when needed

Team player with strong collaborative qualities, ideally including previous experience building, leading and motivating a diverse, high-performing team

Willingness to learn continuously and keep up to date with the Payments industry and its regulatory landscape (not just in the Brazilian ecosystem, but globally)

Fluent English language skills; strong written and verbal communication

Humility, low-ego and will be an ideal champion of our mission and values

Additional Information

*PLEASE SUBMIT YOUR APPLICATION IN ENGLISH*

Hybrid Working Model

All of our offices globally are onsite 3 times per week (Tuesday, Wednesday, and Thursday). We’ve worked towards enabling teams to work collaboratively in the same space, while also being able to partner with colleagues globally. During your days at the office, we offer amazing snacks, breakfast, and lunch options in all of our locations.

Apply without meeting all requirements statement

If you don't meet all the requirements but think you might still be right for the role, please apply anyway. We're always keen to speak to people who connect with our mission and values.

We believe in equal opportunities

We work as one team. Wherever you come from. However you identify. And whichever payment method you use.

Our clients come from all over the world — and so do we. Hiring hard-working people and giving them a community to thrive in is critical to our success.

When you join our team, we’ll empower you to unlock your potential so you can do your best work. We’d love to hear how you think you could make a difference here with us.

We want to set you up for success and make our process as accessible as possible. So let us know in your application, or tell your recruiter directly, if you need anything to make your experience or working environment more comfortable. We’ll be happy to support you.

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