Financial Crime Risk Specialist

**About Nubank**:
Nubank was founded in 2013 to free people from a bureaucratic, slow, and inefficient financial system. Since then, the company has been redefining people's relationships with money across Latin America through innovative technology and outstanding customer service. With operations in Brazil, Mexico, and Colombia, Nubank is one of the world's largest digital banking platforms and technology-leading companies.
**About the role**
We are looking for an experienced and analytical Fraud Prevention Specialist to join our Fraud Oversight team, serving as the second line of defense within Nubank's risk management structure.
If you have solid experience in fraud prevention and risk management, love to challenge the status quo, and strive for continuous improvement in risk mitigation practices, Nubank is looking for someone like you
We are a team that constantly pushes ourselves to go beyond regulatory requirements, seeking the best market practices in an efficient and effective way, so the purple revolution can continue to grow healthily and sustainably. Your mission will be to spread risk management practices to support the Fraud (1st line) and Product teams in fraud mitigation through targeted friction, establishing risk governance as a key ally in the fight against fraud.
You will play a key role in evaluating the maturity of our products in terms of fraud prevention, analyzing associated risks, and maintaining our fraud risk and control matrix.As a Fraud Prevention Specialist in the second line, you will be responsible for:
- Conducting Product Maturity Assessments: Perform in-depth analyses to evaluate the robustness of fraud prevention, monitoring, and alert mechanisms implemented by product teams, ensuring compliance with prevention requirements and identifying opportunities for improvement.
- Managing the Fraud Risk and Control Matrix (RCM): Maintain, review, and update the fraud RCM to ensure alignment with Nubank's risk management framework and proper implementation.
- Defining and Monitoring KRIs: Collaborate in defining and tracking Key Risk Indicators (KRIs) related to fraud risks.
- Analyzing Risks and Promoting Awareness: Analyze risks identified in post-mortem reviews and promote a culture of fraud prevention awareness across Nubank.
- Conducting Risk Assessments: Carry out risk assessments in Fraud and Product BUs to identify risks, test the effectiveness of existing controls, and support the definition of response strategies.
- Ensuring Methodological Alignment: Ensure that risk management methodologies are aligned with the needs of the Fraud area. Additionally, the role involves ensuring the Fraud BU operates within Nubank's risk appetite through monitoring and support.
- Collaborating Strategically: Work closely with the Fraud BU (1st line), Product teams, and other areas, aligning priorities, sharing data-driven analyses, and facilitating communication to achieve common goals.
- Participate in fraud risk forums and committees with senior leadership at Nubank to discuss fraud risks.
**To join our team, you must have**:
- Proven experience in fraud prevention and risk management, preferably in the financial, payments, or fintech sector.
- Deep knowledge of different fraud typologies (e.g., Identity Fraud, Mule Accounts, Card Fraud, Boleto/TED Fraud).
- Hands-on experience with risk assessment methodologies (e.g.COSO) and in developing/maintaining Risk and Control Matrices (RCM).
- Strong analytical skills, with the ability to interpret data, evaluate processes, identify vulnerabilities, and propose effective solutions.
- Experience in conducting risk assessments and control testing..
- Excellent communication skills (verbal and written) and ability to collaborate effectively with different stakeholders at various levels.
- Ability to work independently, manage multiple tasks, and meet deadlines.
- Proficiency in Portuguese and English (advanced level required for reading documents, communication, and attending meetings), and fluency in Spanish is a plus.
- Familiarity with data analysis tools and fraud prevention/risk management systems.

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