Compliance Testing & Monitoring Analyst
- Full-time
- Alternate Location: Oakland, United States
Company Description
Job Description
You will support Square Compliance's independent testing and monitoring program. You will support the team in performing testing and monitoring activities. Responsibilities include testing and monitoring of multiple programs such as the consumer and commercial lending programs and Square's anti-money laundering (AML) and sanctions programs. You will support Square's compliance vision by working together with other compliance and counsel personnel to provide regulatory guidance to the business. The scope of your work will involve compliance topics such as BSA/AML, EFTA, ECOA, FCRA/FACTA, GLBA, OFAC, TCPA/TSR, TILA, TISA, and UDAAP. You will report to the Compliance Testing and Monitoring Lead.
You will:
- Perform independent testing and monitoring of regulatory compliance on both a regular and periodic basis
- Identify gaps in controls, and assess remediations proposed by partners
- Prepare compliance reports by collecting and analyzing accurate and verifiable information
- Communicate complex compliance issues with all partners.
- Coordinate with departments in the development of processes to minimize compliance risks
- Consult with corporate attorneys to address complex compliance issues
- Maintain knowledge of applicable compliance laws and regulations and identify new compliance risks
- Help with other special projects
Qualifications
You have:
- 4-year undergraduate degree (Bachelor's Degree) or equivalent experience
- 2 or more years of experience in compliance testing, monitoring, or audit
- Knowledge of at least one of the following subject matter areas: secured or unsecured consumer loans, consumer credit cards, small business lending, deposits, or BSA/AML
- Contribute to the development of new compliance policies, strategies, or work processes
- Experience understanding legal and regulatory concepts and converting them into relevant, practical requirements
- Experience building credibility with business leads, financial institution partners, and regulators through collaborative and independent programs
- Experience conducting database queries and managing projects
Even better:
- Knowledge in more than one of the subject matter areas listed above
- Exposure to testing, monitoring, or auditing compliance requirements in international jurisdictions
- Experience in testing, monitoring, or auditing in a bank sponsorship model
Additional Information
Perks
At Square, we want you to be well and thrive. Our global benefits package includes:
- Healthcare coverage
- Retirement Plans
- Employee Stock Purchase Program
- Wellness perks
- Paid parental leave
- Flexible time off
- Learning and Development resources