Risk & Compliance Manager

  • Full Time
  • Mexico
  • Senior Level

Website joinbelvo Belvo

We are Belvo, a financial API platform for Latam.

 A little bit about us:


We are Belvo, a financial API platform with the bold vision of democratizing access to financial services in Latin America. We enable any company or developer to access and interpret their end-users’ financial information. We are turning the rich and diverse Latin American financial ecosystem into a set of developer-friendly tools and APIs.

We’re a highly-technical, passionate, and driven team. We are more than 100 people, our team currently represents 26 nationalities and we have offices in Barcelona, Mexico City, and São Paulo – while a large portion of us works remotely.

We are tackling a very stimulating problem: connecting fintech innovators with legacy financial infrastructure. We strive to go beyond the limits of what is possible today and to do so in an elegant and developer-first way.

Since starting our adventure in May 2019, we have raised $56m from the leading VC investors globally.

Also, head to our blog for more news about our growth and how we have fun together.



About the team:


We work in cross-functional, autonomous teams. We follow continuous delivery best practices executed on top of a modern technology stack.

Our products are built for developers, by developers. Technological excellence is at the heart of what we do.

We are pragmatic and customer-focused. We strive to find the right set of trade-offs in order to validate our hypothesis as early as possible, iterating on our products based on customer feedback.

We communicate transparently. We do weekly all-hands where we get together to discuss company performance and goals.

We are a flexible international team focused on creating cool stuff. Some of us prefer to work together in one of our offices and others prefer remote. For us, there’s no difference as long as you have an excellent internet connection and are able to overlap with the team between 3 pm and 6 pm, CEST timezone.

Also, we are backed by some of the leading investors in Silicon Valley and Latin America, including Founders Fund, Kaszek Ventures, and YCombinator.


Your opportunity:


  • Act as Belvo’s Compliance Officer in Mexico
  • Create, implement and enforce Internal Control Policies and Procedures – including the establishment of an audit committee
  • Ensure the correct implementation of all the requirements of an already applied IFPE license we are pursuing in Mexico
  • Serve as key point of contact for regulators to maintain a proper open dialog with all different regulatory entities
  • Implement and update our KYC (Know Your Customer), KYP (Know your Provider) procedures;
  • Help our commercial and product teams to properly understand and explain both internally and externally all the regulatory requirements of each business unit of the company
  • Prepare and give presentations to show our compliance policies to external stakeholders like potential clients or strategic partners
  • Assist on all ongoing compliance review processes, including necessary filings, reports to the regulator, policies and procedures
  • Create and enforce policies for the detection and prevention of Änti Money Laundering (AML) and fraudulent activity within the business and client activities
  • Act upon regulatory developments relating to compliance risks and the associated regulatory obligations
  • Monitor compliance with all third-party policies and applicable legislation
  • Work collaboratively with product and engineering teams to ensure compliant practices are a part of product design and implemented in a scalable and user-centric way
  • Assist in developing training materials and documentation as well as provide training to the various teams on relevant legal topics and best practices.


This position may be for you if:


  • 5+ years of experience within a compliance and risk function in regulated financial institutions, fintechs or technology companies
  • Certified by CNBV to hold a Compliance Officer role in a regulated entity
  • You have been part of an application process for an IFPE license in Mexico
  • Deep knowledge of legislation and regulation relating to banking, financial and payments institutions in Mexico (CNBV, Banxico, etc.)
  • Experience overseeing and participating in audits performed at regulated entities
  • Proven successful experience working with regulatory or supervisory entities either directly or on behalf of clients
  • Demonstrable successful experience working with the implementation of processes for KYC, KYP, internal controls, business continuity plan, risk matrix and assessment
  • Have worked at a startup before, are adaptable and enjoy fast-paced environments
  • Extremely high attention to detail and methodical in how you work
  • Proven track record of project management and process-oriented skills
  • Strong written and verbal communication skills
  • Excellent spoken and written English and Spanish


Amazing if:


  • Experience in cross-border and multi-country compliance operations
  • Experience in other license applications in Mexico
  • You have acted as Compliance Officer of an operating IFPE
  • Understanding of Data Protection and Bank Secrecy Legislation in Mexico.



Our perks:


🚀 Stock options (we are all owners and this is very important to us)

📈 Annual company bonus

🔆 Flexible working hours

🔝 Remote friendly

🐶 Pet friendly

🧘🏾‍♀️ Access to mental health service

👩🏻‍⚕️ Health Insurance

🎊 Paid time off on your birthday

🌎 Work from any office twice per year

💻 Renew your laptop every 2 years

🙋 Training Budget

😎 Team building events

🙀 Bank holidays swap inside the same month

🔋 Fitness/ wellness stipends

🚀 Yearly offsite

🍒 Fresh fruit every week, all-you-can-drink tea and coffee

🏝 1 week off on your 2-year anniversary

To apply for this job please visit jobs.ashbyhq.com.