Transaction Monitoring Investigator
Transaction Monitoring Investigator
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Since we opened our doors in 2009 the world of commerce has evolved immensely and so has Square. After enabling anyone to take payments and never miss a sale we saw sellers stymied by disparate outmoded products and tools that wouldnt work together.
So we expanded into software and started building integrated omnichannel solutions to help sellers sell online manage inventory offer buy now pay later functionality book appointments engage loyal buyers and hire and pay staff. Across it all weve embedded financial services tools at the point of sale so merchants can access a business loan and manage their cash flow in one place. Afterpay furthers our goal to provide omnichannel tools that unlock meaningful value and growth enabling sellers to capture the next generation shopper increase order sizes and compete at a larger scale.
Today we are a partner to sellers of all sizes large enterprise-scale businesses with complex operations sellers just starting as well as merchants who began selling with Square and have grown larger over time. As our sellers grow so do our solutions. There is a massive opportunity in front of us. Were building a significant meaningful and lasting business and we are helping sellers worldwide do the same.
The Role
The mission of the Transaction Monitoring team at Square is to perform ongoing Anti-Money Laundering (AML) monitoring and other ongoing reviews to meet our regulatory payment network and partnership requirements. We monitor to ensure the safety and soundness of the Square system and maintain a healthy compliant customer base.
Do you want to keep criminals from abusing the financial system Are you someone who likes to do the right thing Do you know how to maintain independence and objectivity Square is looking for someone who is an experienced and motivated professional to combat BSA/AML risk as part of the transaction monitoring compliance program.
You Will
- Monitor and act upon compliance-related alerts including reviewing potentially suspicious activity and activity that violates Squares rules
- Use detective-like mentality to investigate and escalate potentially suspicious activity such as money laundering
- Verify merchant information as part of identity verification and conduct due diligence reviews for anti-money laundering purposes
- Provide guidance and insight on merchant account analysis including handling account escalations from junior team members
- Partner with Support Risk and other operations teams within Square
- Occasionally attend compliance-related seminars to stay informed about the compliance industry
- 3 years in a compliance and/or compliance operations role with a financial services firm preferably in the payment or Fintech space
- Passion for Square and an interest in technology/knowledge of the industry
- An operations mindset involving time-sensitive directives
- Experience communicating with and recognizing possible bad actors with a detective-like mentality
- Proven ability to work with in a fast paced creative environment
- An independent executor who can perform flawlessly while maintaining high output
- CAMS certification preferred
Were working to build a more inclusive economy where our customers have equal access to opportunity and we strive to live by these same values in building our workplace. Block is an equal opportunity employer evaluating all employees and job applicants without regard to identity or any legally protected class. We will consider qualified applicants with arrest or conviction records for employment in accordance with state and local laws and fair chance ordinances. We believe in being fair and are committed to an inclusive interview experience including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter who will treat these requests as confidentially as possible. Want to learn more about what were doing to build a workplace that is fair and square Check out our ID page.
Employment Type
Full Time
