Compliance Officer - Global Payment Mexico

Responsibilities

About the role
The Global Payments team provides payment solutions, including payment acquisitions, disbursements, transaction monitoring, payment method management, foreign exchange conversion, accounting, reconciliations, and so on, to ensure that users have a smooth and secure payment experience across our platforms and services.

We are seeking a Compliance Officer to develop, implement, and oversee the compliance function for our Mexican business. The ideal candidate will have a strong understanding of Mexican regulatory requirements related to payment and financial services, as well as experience engaging with CNBV and Banxico to effectively navigate regulatory processes and requirements
This a hands-on role and requires someone that is self driven, adaptable to changes and strong leadership qualities to lead the team to achieve its yearly objectives in a highly fast paced environment. This role is based in Mexico City, Mexico.

Responsibilities
- Lead the payments and financial service license application processes, serve as the primary point of contact with local regulators, and oversee all license-related matters in Mexico.
- Stay updated on the regulatory changes that directly or indirectly affect the Global Payments team, in order to comply with the standards established by CNBV, Banxico and internal regulations.
- Partner closely with Business Leaders to ensure regulatory licensing requirements are met, support the readiness of payment and financial services solutions, and collaborate with local product teams
- Design, implement, and maintain the local compliance program to ensure alignment with regulatory requirements and business objectives
- Prepare and respond to regulatory inquiries and manage examinations.
- Identify gaps in current compliance systems, policies, and strategies, and recommend enhancements and operational improvements.
- Advise various stakeholders on compliance services, features, and requirements, and work with development and product teams to build out compliance processes (both automatic and manual).
- Create and maintain a strong understanding of all regulatory requirements and frameworks.
- Manage regulatory examinations/audits, engaging internally to ensure readiness and externally to present compliance controls;
- Assist the Global Payments team to drive the strategy, framework and execution of the compliance program to ensure applicable Brazilian regulatory requirements are being met comprehensively.
- Ensure compliance requirements are implemented by establishing project plans, defining owners and milestones, reporting status to senior management and driving towards go-live.
- Prepare reports to senior compliance stakeholders with timely and actionable information concerning the health of compliance programs.
- Promote a culture of compliance, proactively engaging peers and stakeholders across business, operations, and technology teams to educate on compliance controls.

Qualifications

Minimum Qualifications
- A minimum of 5 years of experience in regulatory, compliance or advisory roles in a payment fintech or financial institution.
- Strong understanding of the payment ecosystem and lending products
- Proven track record in developing regulatory compliance capabilities from scratch.