Investigations Analyst, SFS Financial Crimes
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Job Location:
Arizona, AZ - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Block is one company built from many blocks all united by the same purpose of economic empowerment. The blocks that form our foundational teams People Finance Counsel Hardware Information Security Platform Infrastructure Engineering and more provide support at the corporate level. They work across business groups and around the globe spanning time zones and disciplines to develop inclusive People policies forecast finances give legal counsel safeguard systems nurture new programs and more. Every challenge creates possibilities and we need different perspectives to see them all. Bring yours to Block.
Square Financial Services Inc. (SFS) is Blocks bank. We opened in March 2021 and provide lending and FDIC-insured deposit products to individuals and small businesses on a nationwide basis.
The Role
Square Financial Services is looking for someone who is an experienced and motivated professional to combat AML/CFT and Sanctions risk as part of the Financial Crimes Compliance team. The Financial Crimes Compliance Investigations Analyst is primarily responsible for investigating cases of suspected money laundering or fraud analyzing trends in nefarious activity and devising strategies to prevent or mitigate risk associated with such activity. You will report to the Square Financial Services Financial Crimes Compliance Investigations FinaLead.
You Will
- Monitor and act upon compliance-related alerts and referrals
- Investigate and document incidents of potential money laundering fraud terrorist financing and other financial crimes
- File and review Suspicious Activity Reports
- Utilize internal and external resources to identify and analyze financial crimes trends
- Collaborate cross-functionally with Compliance Risk Operations and other partner teams in support of the Banks AML/CFT program
- Identify and assess weak points and make appropriate recommendations to prevent and/or minimize financial crimes risk to the Bank
- Contribute to projects optimizing the AML/CFT regulatory program and Bank operation teams processes
- Occasionally attend compliance-related seminars and team off-sites to stay abreast of the compliance industry
You Have
- Minimum 5 years experience in the financial services industry with specific experience performing AML/CFT and/or fraud investigations
- 4-year undergraduate degree (minimum)
- Ability to think dynamically multi-task organize and prioritize responsibilities
- Experience understanding legal and regulatory concepts and converting them into relevant practical business requirements
- Experience in case management systems (Actimize Fiserv etc.)
- Experience investigating activity in common consumer and business financial products (checking savings loans P2P payments)
- Bonus Experience in SQL (experience with Vertica/Snowflake a plus)
- Bonus AML/CFT Certifications (ACFCS ACAMS etc.)
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 ourID page.
Required Experience:
IC
Key Skills
- Cognos
- Forecasting
- Hyperion
- Microsoft Access
- Pivot tables
- Accounting
- Analysis Skills
- Microsoft Excel
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Planning
About Company
Made up of Square, Cash App, Afterpay, TIDAL, Bitkey, and Proto, Block, Inc. builds technology to increase access to the global economy.
