Transaction Monitoring Analyst
- Full-time
Company Description
Job Description
The mission of the Compliance 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 actively monitor to ensure the safety and soundness of the Square system and maintain a healthy, compliant user 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 queue alerts, including reviewing:
Possible suspicious activity
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
Interact with Square customers to ensure full compliance with all applicable laws and policies
Work cross-functionally with Support, Risk, and other operations teams within Square
Occasionally attend compliance-related seminars to stay abreast of the compliance industry
Communicate with customers via CRM and email
Qualifications
You have:
Previous experience in compliance/AML with a financial institution or payment-focused company preferred
Previous experience reviewing high volume of unusual activity relating to payments, peer-to-peer transmissions, virtual currency
4-year undergraduate degree
Passion for Square, and a strong interest in technology/knowledge of the industry
A strong operations mindset involving time sensitive directives and ability to self-manage workflow across competing priorities
Adept communication skills when dealing with possible bad actors with a detective-like mentality
An ability to work in a fast-paced and dynamic environment with a drive to deliver outstanding results
Excellent verbal and written communication skills previous CRM experience in a customer-facing role a plus