BUSINESS CONTROL OFFICER - BCO

ABOUT NUBANK.

Nubank was founded in 2013 to free people from a bureaucratic, slow and inefficient financial system. Since then, through innovative technology and outstanding customer service, the company has been redefining people's relationships with money across Latin America. With operations in Brazil, Mexico, and Colombia, Nubank is today one of the largest digital banking platforms and technology-leading companies in the world.

Today, Nubank is a global company, with offices in São Paulo (Brazil), Mexico City (Mexico), Buenos Aires (Argentina), Bogotá (Colombia), Durham (United States), and Berlin (Germany). It was founded in 2013 in Sao Paulo, by Colombian David Vélez, and cofounded by Brazilian Cristina Junqueira and American Edward Wible. For more information, visit www.nubank.com.br.

ABOUT THE TEAM

As Nubank continues its global expansion and continues innovating, the internal controls landscape becomes increasingly complex. Nubank has developed a strong Risk structure within the 2nd Line of Defence, which supports and guides the business in delivering on their current objectives. In order to keep strengthening our risk management capabilities, the question was raised as to how we could improve risk management within the 1st Line of Defence, without adding new layers of bureaucracy, and ensure that growth is done in a way where risks are proactively tackled. 

To protect the company from Process Failures, incorrect Clients Products & Business Practices or Data Leakages, Nubank must keep building on what the 2nd Line of Defence has created, to ensure sound business decisions. After thoughtful deliberations, 2LoD  and 1LoD , agreed to create a new domain within the Product Chapter: the Business Control Office. 

ABOUT THE ROLE

The BCO will use their business and risk knowledge coupled to a hands-on approach. They will both support and own some of the risk activities needed in the business. They will also work with the teams to mitigate identified risks accordingly while establishing themselves as the subject matter expert within the assigned Business area. 

AS A BCO YOU WILL:

• Support/coordinate the business in managing and fulfilling its First Line Risk Management activities
• Proactively identify risk areas and tackle relevant remediation activities
• Create appropriate governance to facilitate the implementation, execution and monitoring of controls
• Define and rate the risk environment 
• Challenge the design and implementation of controls, implement and own relevant new controls
• Create appropriate reports for the leadership team to understand the full spectrum of risks
• Add a risk lens to strategy and product development
• Drive and complete documentation activities to minimize single point sensitivities 
• Conduct process mapping
• Coordinate audit actions and review/challenge both audit and the business

WHAT WE ARE LOOKING FOR:

• High level of Independence
• Hands-on and take ownership where possible
• Great communication skills (concise and clear)
• Product and/or Risk knowledge
• Ability to build strong relationships with all levels of the organization
• Quick learner
• Wants to improve and challenge the status quo
• Ability to challenge & prioritise

BENEFITS

• Health, dental and life insurance
• Meal allowance
• Transportation assistance
• 30 days of paid vacation
• Equity at Nubank
• Parking partnership - discounted parking in our office
• Free bike parking with showers available
• NuCare - Our mental health and wellness assistance program
• NuLanguage - Our language learning program
• Gympass partnership
• Extended maternity and paternity Leaves  
• Child care allowance
• ‘Espaço Feijão’- Private nursing and breastfeeding spaces in our buildings
• Onsite Health Center - Medical support for every Nubanker in our office

ROLE LOCATION

São Paulo, Brazil.

Diversidade & Inclusão

Na Nubank, queremos ter certeza de que estamos construindo um local de trabalho mais diversificado e inclusivo que reflita os clientes que atendemos e buscamos capacitar. É por isso que contratamos com base na igualdade. Consideramos gênero, etnia, raça, religião, orientação sexual e outros marcadores de identidade como elementos enriquecedores para nossa empresa, embora garantindo que nenhum deles represente uma barreira ao recrutar talentos fantásticos.