Suspicious Activity Reporting Analyst
- Full-time
Company Description
Job Description
The Suspicious Activity Reporting team at Square actively monitors for potential money laundering, fraud, and other suspicious activity across Cash App. Square is looking for a SAR Analyst to help conduct deep-dive investigations, analyzing transaction activity and trends, and drafting Suspicious Activity Reports (SARs).
Qualifications
You will:
Monitor and act upon compliance-related escalations and referrals
Investigate and document incidents of potential money laundering, fraud, terrorist financing, and other illicit activities across the Cash App platform
Write and review Suspicious Activity Reports to be transmitted to FinCEN and applicable agencies
Keep up with regulatory updates and assist in identifying new trends and evolving AML typologies
Contribute to projects optimizing the regulatory program and operation team's processes
- Work in collaboration with Customer Support, Risk, Engineering, and other operations teams within Square
You have:
- 3+ years experience in BSA/AML/Compliance or Fraud/Risk related work, preferably in a financial institution or related FinTech payments space
- BA/BS degree or equivalent professional experience
- Investigative skills, including familiarity with public record research and database tools
- Knowledge in AML transaction monitoring/suspicious activity reporting typologies and risks regarding funds transfers/p2p payments, equities, and cryptocurrency
- Demonstrated transaction skills that apply across numerous financial products in complex scenarios
- Familiarity with relevant AML laws and regulations and industry best practices
- Excellent written communication skills that demonstrate attention to detail and accuracy
- An ability to handle sensitive directives and work with team members and all partners
- Flexible and easily able to adjust quickly
- Experience using G-Suite and collaborative tools
Even Better:
- Familiarity with using and writing SQL queries
- Experience manipulating and presenting trends to management using large data-sets
- Create presentations for all partners and vendor staff
- Experience with QC design, implementation, and operations
- Project management experience
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
- Paid time off
- Learning and Development resources