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ARQ

Fintech for currency exchange and transfers

General Manager

Business & StrategyConfirmed live in the last 24 hours
Full-timeBogotá, Bogota, Colombia

About the Job

Requirements

  • At least seven years of experience in a regulated financial institution, fintech, or financial services environment, with direct exposure to licensing, operations, or risk management.
  • Hands-on experience working within local regulatory frameworks in the relevant jurisdiction, including direct interaction with supervisory authorities.
  • Demonstrated ability to draft and operationalize risk, operations, and compliance frameworks, including credit policy, anti-money laundering and know-your-customer controls, and operations.
  • Strong stakeholder management skills, particularly with regulators, external advisors, and internal legal and compliance teams.
  • Exceptional organizational ability and attention to detail, with a rigorous due diligence mindset suited to high-scrutiny regulatory environments.
  • Structured problem-solving ability and the ability to navigate complex processes and extract decisions from ambiguous situations.
  • High ownership mentality with a proven ability to drive outcomes across long regulatory timelines.

Responsibilities

  • Lead ARQ's regulated entity in the jurisdiction and serve as the accountable executive before local regulators and supervisory authorities.
  • Secure and maintain operating licenses, navigate the regulatory approval process end to end, and build the operational infrastructure required for legal and sustainable operation in the market.
  • Manage the entity's day-to-day operations, overseeing governance structures, internal controls, and operational processes to support sustainable growth.
  • Own the local credit risk framework and ensure lending activity is managed responsibly and in line with regulatory expectations, credit strategy, and risk frameworks.
  • Coordinate closely with global legal, risk, operations, product, and compliance teams.
  • Own end-to-end operational management of the regulated entity, including anti-money laundering, know-your-customer and know-your-business processes, fraud, safeguarding, complaints, regulatory reporting, internal controls, customer support, and audit readiness.
  • Ensure compliance with local laws, license conditions, and internal policies while maintaining a robust risk management and control framework.
  • Serve as the primary point of contact for local supervisory authorities and lead regulatory inspections, implementation tables, and audits.
  • Drive the entity through each stage of the regulatory approval timeline, from constitution approval through go-live audit, ensuring milestone readiness.
  • Draft, implement, and operate local credit and risk policies in line with regulatory frameworks and regulator expectations.
  • Draft and operationalize credit policies, oversee credit decisioning processes, and ensure lending activity aligns with regulatory requirements and ARQ's internal risk appetite, coordinating with global credit and risk teams to maintain consistency across the group.
  • Coordinate with global legal and compliance teams to ensure policies, controls, and reporting align with local requirements and group standards.
  • Manage the entity's day-to-day operations, including overseeing operational processes, maintaining adequate staffing and governance structures, coordinating with global product and engineering teams on local operational requirements, and building the internal controls and reporting cadence needed for compliant growth.
  • Act as the local signatory and board-level representative where required by the regulator or entity governance structure.

Desired Qualifications

  • Direct involvement in licensing processes in banking, payments, wealth, or crypto.
  • Experience leading or supporting a regulated entity through an implementation table or go-live audit.
  • Prior experience at a financial regulator, central bank, or supervisory authority.
  • Prior background at a top-tier consulting firm such as BCG, Bain, or McKinsey.

About the Company

ARQ

Fintech for currency exchange and transfers

ARQ offers a fintech mobile app for currency exchange to USD, international transfers with a flat $3 fee, and a platform for digital dollar investments. Users swap local currency for US dollars at competitive rates without traditional exchange houses, and can send money to or from the US with a single flat fee; SPEI transfers from Mexico are automatically converted into digital dollars inside the app. It differentiates itself by eliminating hidden fees, using a simple flat-rate transfer model, and adding a digital-dollar investment option for travelers and people who deal with the US. The goal is to reduce the cost and hassle of exchanging currencies and sending money to and from the United States while giving easy access to digital-dollar investments.

Company size
201-500
Company stage
Early VC
Total funding
$75.1M
Headquarters
Mexico City, Mexico
Founded
2021

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