Regulatory & Compliance Lead

The role

The Regulatory & Compliance Lead will lead the compliance program with a focus on regulated entities in Chile and growing operations in Mexico and Brazil. This person will translate regulatory requirements into product, process, and business decisions while acting as a counterpart to regulators.

What you will do

• Lead the Compliance program by designing, implementing, and maintaining policies, procedures, manuals, and controls.
• Manage relationships with regulators including CMF, UAF, and Banco Central de Chile.
• Define the prevention model and KYC/KYB policies for money laundering and terrorist financing prevention.
• Review alerts escalated by the Risk area and manage suspicious operation reports.
• Support licensing processes and the maintenance of regulatory licenses and authorizations.
• Act as a business partner to Product and Business teams to identify regulatory risks in new products and services.
• Monitor applicable regulations such as Ley Fintec, payment media regulation, and Open Finance System.

Required qualifications

• Abogado/a titulado/a.
• 5 or more years of professional experience.
• At least 2 to 3 years in compliance in fintech, banking, or regulated financial services.
• Demonstrable experience designing or implementing a compliance or PLA/FT program.
• Experience as a counterpart to a regulator (CMF, UAF or other) in audits, requirements, or licensing processes.
• Business mindset and ability to work transversally with Product, Operations, Risk and other areas.
• Capacity to communicate regulatory topics clearly and translate them into actionable recommendations.
• High autonomy, proactivity, and ownership mindset.
• Advanced English.

About the company

Toku is a fintech company with regulated entities in Chile and operations in Mexico and Brazil.