Deputy Chief Compliance and AML Officer - Cash App Investing
Deputy Chief Compliance and AML Officer - Cash App Investing
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Salary Not Disclosed
1 Vacancy
Job Description
The Role
This fully remote role reports to the Chief Compliance Officer (CCO) of Cash App Investing LLC (CAI). You will: (1) act as the CCOs delegate to ensure the ongoing effectiveness of CAIs broker-dealer compliance program; and (2) serve as CAIs BSA/AML Officer safeguarding the firm against money-laundering terrorist-financing and sanctions risk. The ideal candidate combines deep SEC/FINRA and BSA/AML expertise with the ability to scale controls in a high-growth fintech environment and thrives in a rapid-change environment.
You Will
- Regulatory Oversight & Licensing
- Serve as a registered principal of the broker-dealer; maintain required securities licenses.
- Ensure CAIs activities comply with all broker-dealer laws and internal policies.
- Strategic Leadership & Governance
- Act as day-to-day deputy for the CCO; assume duties during absences.
- Oversee the annual enterprise Compliance Risk Assessment and present results to senior leadership and Board committees.
- Oversee audits and testing - scoping execution issue tracking and remediation verification.
- Prepare and when requested present materials for Board and leadership meetings.
- BSA/AML & Sanctions (Primary AML Officer)
- Manage the end-to-end AML program including KYC/CDD transaction monitoring and sanctions screening.
- Oversee outsourced AML functions to ensure continued effectiveness.
- Drive independent audits and close findings.
- Represent CAI in FinCEN OFAC and state AML examinations.
- Regulatory Interaction & Exam Management
- Coordinate SEC FINRA and state exams including data gathering interviews and responses in partnership with the Program Manager.
- Oversee post-exam remediation and regulatory change-management processes.
- Marketing and Communications Oversight
- Supervise the broker-dealers marketing-review program in partnership with the Marketing & Communications Program Manager.
- Policy & Documentation
- Own the compliance document library including drafting updating and securing approvals; ensure adoption.
- Cross-Functional Partnership & Culture
- Advise cross-functional partners (e.g. Operations Product and Engineering) on regulatory requirements.
- Design and deliver annual compliance and AML training.
- Model a positive accountability-driven compliance culture.
You Have
- Required Qualifications
- 8 years of broker-dealer compliance experience including leadership experience.
- Active FINRA Series 7 63 and 24 registrations.
- Demonstrated success scaling a compliance program in a fast-growing fintech or comparable environment.
- Hands-on experience with regulatory exams and interaction.
- Deep working knowledge of SEC/FINRA rules BSA/AML OFAC and state securities regulations.
- Strong policy-drafting problem-solving and executive-level communication skills.
- Demonstrated success collaboration cross-functionally with product operations legal and executive teams.
- Preferred Qualifications
- CAMS CRCM CRCP or similar industry certification.
- Data-analytics fluency (SQL/Snowflake Tableau/Looker) and advanced Excel skills.
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 a proud equal opportunity employer. We work hard to evaluate all employees and job applicants consistently based solely on the core competencies required of the role at hand and without regard to any legally protected class. 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 an inclusive workplace Check out our Inclusion & Diversity page
Full-time employee benefits include the following:
- Healthcare coverage (Medical Vision and Dental insurance)
- Health Savings Account and Flexible Spending Account
- Retirement Plans including company match
- Employee Stock Purchase Program
- Wellness programs including access to mental health 1:1 financial planners and a monthly wellness allowance
- Paid parental and caregiving leave
- Paid time off (including 12 paid holidays)
- Paid sick leave (1 hour per 26 hours worked (max 80 hours per calendar year to the extent legally permissible) for non-exempt employees and covered by our Flexible Time Off policy for exempt employees)
- Learning and Development resources
- Paid Life insurance AD&D and disability benefits
These benefits are further detailed in Blocks policies. This role is also eligible to participate in Blocks equity plan subject to the terms of the applicable plans and policies and may be eligible for a sign-on bonus. Sales roles may be eligible to participate in a commission plan subject to the terms of the applicable plans and policies. Pay and benefits are subject to change at any time consistent with the terms of any applicable compensation or benefit plans.
Required Experience:
Chief
Employment Type
Full Time
