SOFOM Lead and Compliance Officer - Mexico City

About R2

At R2, we believe that small and medium businesses are the productive engine of society. Small and medium businesses (SMBs) make up over 90% of companies in Latin America, yet they face a trillion-dollar credit gap. Our mission is to unlock SMBs’ potential by providing financial solutions that are tailored to their needs. We are reimagining the financial infrastructure of Latin America, where SMBs' financial needs are satisfied without ever having to go to a bank.

R2 enables platforms in Latin America to embed financial services that SMBs can then leverage (starting with revenue-based financing). We are a tight-knit team coming from organizations such as Amazon, Google, Nubank, Capital One, Uber, Mercado Libre, Globant, J.P. Morgan, and HSBC. We are backed by world-class investors such as Gradient Ventures (Google’s AI-focused fund), COMETA, General Catalyst, Hi Ventures, Y Combinator, Femsa Ventures, Prosus, Endeavor Catalyst, among others.

As SOFOM Lead and Compliance Officer, you will be the primary point of contact for all local legal, compliance, and regulatory matters in Mexico. You will ensure that our SOFOM operates in full compliance with applicable obligations by leading:

• Compliance & AML program (including the risk-based methodology).
• Regulatory reporting (SAT, CNBV, CONDUSEF, UIF, SIPRES, RECA, RECO, etc.).
• Corporate and contractual support (contract review, governance, filings).

This role is critical to keeping the SOFOM operational, compliant, and efficient, while also reducing reliance on external counsel. You’ll collaborate with Product, Risk, Finance, and Engineering teams, while coordinating with external advisors when necessary.

Key Responsibilities

Legal & Corporate

• Draft, review, and adapt contracts, NDAs, partnership agreements, PoAs, and corporate governance documents.
• Support corporate housekeeping and filings with notaries and registries.
• Advise on the legal structuring of financial products under Mexican regulation.
• Provide legal guidance to internal teams on operational and strategic matters.

Compliance & Risk

• Act as the SOFOM Compliance Officer before relevant authorities.
• Design, implement, and maintain the Risk-Based AML/Compliance Methodology (metodología basada en riesgo).
• Monitor Mexican financial regulation (CNBV, CONDUSEF, SAT, UIF) and identify impacts or risks.
• Oversee KYC/AML processes for clients, partners, and vendors, including digital onboarding tools.
• Coordinate and submit all regulatory reports and filings (SIPRES, RECA, RECO, monthly SAT notices, credit bureau reporting, etc.).
• Lead audits, controls, and compliance reporting requirements.
• Promote a culture of compliance and ethics across the organization.

What We're Looking For

• Law degree with 2–4 years of professional experience in legal and/or compliance roles.
• At least 2 years of direct experience working at or with SOFOMs (non-negotiable).
• Solid knowledge of Mexican financial regulation, AML frameworks, data protection, and consumer protection laws.
• Experience or readiness to serve as Compliance Officer (preferred).
• Strong attention to detail, autonomy, and ability to manage multiple priorities.
• Excellent written and verbal communication skills in English and Spanish.

What We Offer

• The chance to join a high-impact, fast-growing fintech startup with a mission.
• Ownership of meaningful work from day one.
• Cross-functional collaboration with top-tier teams across Latin America.
• Exposure to complex legal and regulatory challenges across multiple markets.

Location: CDMX Only