Compliance Officer - MLRO

Sao Paulo /
Compliance – Compliance /
Permanent - full time
As MLRO Brazil you will be responsible for developing, implementing and managing the delivery of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) related processes at local level for PPRO Brazil, working closely with PPRO’s Anti-Financial Crime, and Corporate Compliance teams to align, design and develop effective policies, procedures and training. You will report to PPRO Group’s Global Head of Anti-Financial Crime and be a principal contact to COAF, the Brazillian Central Bank, Brazilian law enforcement agencies and other Brazilian and international supervisory bodies.

You will be responsible for the local AML function in Brazil including developing policies and procedures, carrying out necessary AML risk assessments, monitoring AML and related policies, centralizing information on AML issues, actively following up on the remediation of these issues, providing assistance and advice to senior management, providing training to staff and other stakeholders on AFC and AML topics, communicating with authorities, maintaining documentation and providing internal reporting. You will help foster a compliance culture, collaborative environment and a solution-oriented approach to dealing with AML and compliance issues as they arise.

What will you be doing:

    • Carrying out MLRO and compliance duties in Brazil, including working with FIUs such as COAF
    • Responsible for overseeing alignment of Brazil’s AML and sanctions compliance processes with PPRO global policy and processes
    • Lead and manage the execution of PPRO’s AML/CTF and sanctions program for clients receiving services from PPRO Brazil
    • Provide subject matter expertise, training and outreach to PPRO business functions in order to continually educate staff on AML/CTF and sanctions risks, issues and processes 
    • Work with the AFC team to promote and embed a culture of compliance across PPRO, particularly in AML/CTF and sanctions
    • Lead on internal and external AML/CTF and Sanctions compliance investigations relevant for PPRO Brazil
    • Develop and maintain effective relationships with other parts of PPRO, particularly those involved with client or supplier on-boarding where there is AML or sanctions riskConduct AML/CTF assessments of new products and services to identify and mitigate risks.
    • Participate in the management and ongoing enhancement and development of the Global AML/CTF and Sanctions policies and procedures as necessary
    • Lead and Manage onsite client reviews conducted by PPRO as part of enhanced due diligence activities
    • Administer non-compliance measures if required including suspending and termination of clients
    • Participate in the enhancement and development of global systems in support of AML, CTF and Sanctions Program implementation
    • Promptly and accurately prepare and deliver scheduled AML/CTF reporting on Program and workload status and highlight emerging issues. Prepare ad-hoc reports and presentations as required
    • Support internal audits and regulatory requests, ensure satisfactory resolution of any audit findings and recommendations
    • Responsible for producing an annual AML risk assessment for PPRO Brazil and ensuring any necessary remediation actions arising from it are completed
    • Responsible for the design, implementation and approval of effective management information and reporting, including but not limited to, local and global dashboard and metric reporting on AML/AFC findings for all relevant internal compliance

You’ll need to have:

    • Have five or more years of experience leading a compliance function in Brazil
    • Have excellent knowledge of e-money and payment institution business models
    • Are an approved individual by a financial regulatory body
    • Have experience with the Central Bank of Brazil, COAF and/or other national competent authorities
    • Are results oriented and possess an ability to work through to a conclusion under tight deadlines
    • Have excellent written and verbal business communication skills in English and Portuguese.
    • Are a solid team player who aligns internally at each opportunity
    • Are fluent in English and Portugese
    • Being a member of SCCE or ACAMS is a plus
About us
We’re PPRO (pronounced “p-pro”). We’re on a mission to make digital payments more effective and accessible in every corner of the planet. After all, most people around the world don’t use international credit cards. In fact, 77% of consumers prefer to use local and alternative payment methods, such as Alipay in China and Boleto Bancário in Brazil. 

By helping businesses to offer their consumers more payment choices at the checkout, we are helping to promote financial inclusion in every corner of the globe. We are also empowering local merchants to take part in the global e-commerce boom and compete with established global companies. That means they can hire more people, invest in more suppliers, and ultimately drive economic growth in their country and beyond. 

We are a diverse team of over 650 people and 65+ nationalities spread across 11 global locations. Everyone here shares a passion for building – whether that’s forging close relationships with our customers, or constructing a payments infrastructure to accelerate their growth.

We want everyone to make a difference at PPRO. This means owning and seizing opportunities to maximize your impact;  having a growth mindset; as well as building trust, and driving change. At PPRO there are countless opportunities to learn, develop and progress, and it’s up to you to own and shape your career path.

Every voice and perspective matter to us. We value diversity and never discriminate on the basis of race, colour, ethnicity, ancestry, religion, sex, national origin, sexual orientation, age, citizenship status, marital status, disability, gender identity, gender expression, or genetic information.

We are looking forward to meeting you!