AML Manager

You will lead AML, CFT, and sanctions compliance for the Brazilian business. You will maintain regulatory relationships, oversee transaction monitoring and customer due diligence, prepare required reports, support audits and inspections, and deliver compliance training and advice to operational functions.

Responsibilities

• Act as the responsible Manager for PLD/FT and report to the Board of Directors or Executive Office as required by Brazilian law.
• Ensure effective AML, CTF, and sanctions compliance throughout the Brazilian business.
• Act as the primary reporting agent and correspondent to COAF.
• Identify AML, CTF, and sanctions risks related to business practices, products, and services.
• Maintain and develop AML, CTF, and sanctions policies, programs, practices, and procedures.
• Monitor developments in Brazilian and international AML and CTF frameworks.
• Serve as the central contact for BACEN and other regulatory authorities on AML and CTF matters.
• Ensure regulatory compliance and mitigate AML, CTF, and sanctions risks.
• Oversee AML compliance for participation in payment systems and networks, including PIX, Mastercard, Visa, and Elo.
• Prepare periodic regulatory reports required by Brazilian legislation.
• Assist with regulatory inquiries, inspections, and internal and external audits.
• Identify, monitor, and report Suspicious Transaction Reports to COAF.
• Improve transaction-monitoring systems and review their effectiveness.
• Oversee KYC and KYB onboarding for new customers and update existing customer profiles.
• Deliver AML, CTF, and sanctions training to Brazilian staff.
• Provide AML and CTF advice to operational functions.

Requirements

• 5+ years of experience as an AML/CFT manager or Head of PLD/FT at a Brazilian payment institution, credit institution, or EMI.
• Deep hands-on knowledge of Brazilian financial regulations, including BACEN and COAF rules, Law No. 9,613/1998, and BCB Circular No. 3,978/2020.
• Experience liaising with bank partners, auditors, and BACEN, including handling regulatory inquiries, inspections, and audits.
• Experience drafting, reviewing, and updating AML, CTF, and sanctions policies and procedures.
• University degree in a relevant field.
• Excellent English and Portuguese.
• CAMS or ICA certification is highly preferred.