Lead Business Control Officer (Crypto & Digital Assets)

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 São Paulo by Colombian David Vélez, and co-founded by Brazilian Cristina Junqueira and American Edward Wible. For more information, visit www.nubank.com.br . About the Team To support Nubank’s global expansion and navigate an increasingly complex landscape, we have established the Business Control Office (BCO)—a dedicated domain within the Product Chapter. While our 2nd Line of Defense (2LoD) provides the foundational risk structure, the BCO is designed to embed risk management directly into the 1st Line of Defense. By shifting these capabilities closer to the product, we ensure that growth is proactive and resilient against process failures or data leakages without adding unnecessary bureaucracy. About the Role The BCO will leverage business and risk knowledge coupled with a hands-on approach. In this role, you will both support and own the risk activities essential to the business. You will work with teams to mitigate identified risks while establishing yourself as the subject-matter expert (SME) within your assigned area. For this position, the business area is Global Crypto Digital Assets. You will be at the forefront of one of the fastest-evolving regulatory landscapes in finance. You are not just a risk manager; you are a Product Compliance strategist with a passion for crypto. You will act as the First-Line accountability owner, translating a shifting global patchwork of requirements—from the Brazilian Crypto Framework (Law 14.478/2022) to emerging international standards like MiCA (EU), the Travel Rule (FATF), and evolving SEC/CFTC mandates—into simple, actionable product requirements and standards. The ideal candidate understands that in crypto, a "License to Operate" is a moving target. You will bridge the gap between 2nd Line (Compliance/Legal) guidance and 1st Line execution, ensuring our product ecosystem remains resilient and compliant by design. You will own accountability for the integrity of evidence and monitoring, ensuring that as we scale globally, our controls are as innovative as our products. Additionally, you will provide SME knowledge to support Nubank’s industry representation. This involves collaborating with industry associations, regulators, and international market forums—including participation in public consultations—through the lens of Compliance, Legal, and Public Policy. Fluent English is mandatory due to daily interaction with global business and product stakeholders. As a BCO you will Proactive Regulatory Remediation: Identify potential compliance gaps within the product and drive the remediation activities needed to align with evolving global mandates. Establish Compliance Governance: Create appropriate 1st-line governance within the Business Unit to facilitate the implementation, execution, and monitoring of regulatory controls within squads. Compliance Orchestration: Partner with 2LoD on regulatory interpretation while driving the completion of 1st-line action plans and deadlines, supporting Product Managers to ensure the roadmap remains on track. Define the Regulatory Environment: Map and rate the compliance landscape, ensuring the business understands its obligations across different jurisdictions. Embedding Guardrails: Engage deeply with product flows (e.g., staking, transfers) to proactively embed compliance guardrails, preventi ... (truncated, view full listing at source)