Sanctions Associate Tier 2

About Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companiesfrom the worlds largest enterprises to the most ambitious startupsuse Stripe to accept payments grow their revenue and accelerate new business opportunities. Our mission is to increase the GDP of the internet and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyones reach while doing the most important work of your career.

About the team

Did you know that only around 4 of the worlds GDP comes from internet commerce At Stripe we believe that this represents a future with almost limitless potential for innovation creativity and global prosperity. While the promise of a global online economy is palpable it doesnt come without significant risk. Each day bad actors disrupt the trust and safety of the internet and increase the barrier of entry for online businesses. The Financial Crimes team ensures that our platform remains safe and that prohibited parties are not allowed to utilize our services.

What youll do

We are looking for someone who is passionate about fighting financial crimes and solving the puzzle of investigations is naturally curious and is comfortable operating in ambiguity and finding creative solutions.

The Tier 2 Sanctions Associate is a key member of the Sanctions Team at Stripe focused on ensuring compliance with sanctions regulations across multiple jurisdictions. The ideal candidate will conduct indepth investigations of alerts escalated by the Tier 1 Sanctions Team drawing on a solid understanding of global sanctions regulations and thriving in a fastpaced environment.

This role demands strong communication and analytical skills and unwavering attention to detail ensuring the highest quality and accuracy in all investigations. You will clearly articulate risk assessments and recommendations to meet regulatory requirements.

As a Tier 2 associate youll collaborate with regional compliance teams and the global sanctions officer to review detailed case documentation assist with OFAC regulatory filings and continuously optimize workflows to enhance operational efficiency.

You will be responsible for conducting investigations and making accountlevel judgments and recommendations for regulatory reporting. You will be confident in looking through data assessing various indicators and making judgements on your findings.

The right candidate for this role will have experience in financial crimes compliance preferably within the fintech or ecommerce space

Responsibilities

• Alert Management and InDepth Investigations: Conduct thorough analysis of alerts generated from sanctions screening processes evaluate and document potential matches against sanctions lists following established protocols for escalated sanctions alert handling. Draft and articulate recommendations based on the investigation with a clear rationale and supporting evidence.
• OpenSource Research: Utilize a variety of research tools (including but not limited to Clear Sayari and open web searches) to conduct extensive investigations that support sanctions risk assessments. Scrutinize corporate registries governmental databases and social media platforms for comprehensive insights.
• Customer Communication: Engage with customers to gather further information necessary for completion of the case investigation.
• FastPaced Operations: Work efficiently in fast paced environments prioritizing urgent investigations while maintaining the highest standards of quality and accuracy. Adapt quickly to changing priorities and escalated cases that require immediate attention.
• Ownership of Duties: Demonstrate ownership and accountability for all investigations ensuring a comprehensive and methodical approach to case resolution coupled with a commitment to delivering highquality outcomes.
• Regulatory Compliance: Stay wellversed in global sanctions regulations to ensure investigations align with applicable regulations and maintain compliance across multiple jurisdictions.
• Workflow Optimisation: Collaborate with team members to refine optimising existing workflows aimed at reducing false positives. Proactively propose solutions to enhance the sanctions program and improve overall customer experience while managing sanctions risks.
• Team Collaboration: Foster a cooperative team environment by sharing knowledge providing constructive feedback and assisting peers with complex case handling to promote collective success.

Who you are

Were looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements you are encouraged to apply. The preferred qualifications are a bonus not a requirement.

Minimum requirements

• An overall experience of 8 plus years in Financial Crime Operations and a minimum of 3 years of hands on experience in Sanctions Roles.
• Experience conducting indepth open source research across a wide range of information sources including the web and global social media platforms
• General awareness of money laundering terrorism financing and sanctions trends and regulatory developments
• Independently analyze and evaluate information from various data sources to determine a course of action for a matched case
• Ability to clearly record by writing the rationale & documenting the evidence of the decision making process about the match being positive or false for analytical presentation and audit purposes
• Excellent written spoken and interpersonal skills
• Excellent problemsolving skills and demonstrated ability to work independently analyze problems and data sets to make complex investigation decisions
• Selfdisciplined diligent proactive and detail oriented
• Youre willing to periodically work a weekend day for which you will receive a weekday off; the SDC operates during daytime hours with shifts from the morning through early evening

Preferred Qualifications

• 5 years of experience in sanctions compliance antimoney laundering (AML)/Financial Crime Operations with a thorough understanding of global sanctions regulations.
• ACAMS/CGSS Certified
• Knowledge of USA Patriot Act US Treasury/OFAC Code of Federal RegulationsUK HMT sanctions regulations EU Sanctions and AntiMoney Laundering Directives etc.
• Knowledge in payments and the fintech industry
• Familiarity with SQL and ability to use template or premade SQL queries as part of investigations

Required Experience:

IC