Compliance Specialist, Verse
- Full-time
Company Description
The mission of the Verse Compliance team is to establish and enforce consistent EU and global policies and expectations across the board including customer risk scoring, onboarding, and due diligence of both natural persons and legal entities. As a compliance officer you will actively be involved in KYC analysis, transaction monitoring to ensure the safety and soundness of the Vese system and maintain a healthy, compliant user base. You will also help the team with sanctions and PEP screening and GDPR/privacy compliance tasks, helping to ensure our user base can access and control their own data.
Job Description
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? Verse is looking for someone who is an experienced and motivated professional to combat AML, privacy and sanctions risk as part of the compliance program. As a compliance team member, you will review accounts and transactions observing documented procedures, user guides, and guidance logs; document conclusions in a manner that is clear and complete.
Qualifications
You will
Monitor and act upon compliance-related queue alerts, including reviewing:
Possible suspicious activity
Activity that violates Verse rules
Use detective-like mentality to investigate and escalate potentially suspicious activity such as money laundering
Verify individual and merchant information as part of identity verification and conduct due diligence reviews for anti-money laundering purposes in line with our KYC and AML policies
Monitor and action economic sanctions and politically exposed individual alerts and referrals
Investigate and document incidents of potentially prohibited sanctions activity, including terrorist financing and counter-narcotics trafficking
Work cross-functionally with Support, Risk, and other operations teams at Verse
Communicate with customers via CRM and email in relation to GDPR/privacy data access requests and other compliance matters
Stay up to date with regulatory updates and new requirements and understand overall impact to daily work
Contribute to projects optimizing the regulatory program and operation team’s processes
Qualifications
You have:
4+ years experience in compliance or AML related work, in the payments space BA/BS degree or equivalent practical experience
Investigative skills, including familiarity with public record research and database tools
Transaction analysis skills that apply across numerous financial products in complex scenarios
Familiarity with relevant AML laws and regulations and industry best practices
Adept ability to communicate both verbally and written with employees at all levels
Easily adjust to varying work environment
Demonstrated transaction analysis skills that apply across numerous financial products in complex scenarios
Familiarity with relevant OFAC, EU and UN laws, regulations and industry best practices
An understanding of the European FinTech landscape and regulations including PSD2
Excellent written skills that show focus to details and accuracy
Fluent English and Spanish, ability to understand basic written Italian (no need to communicate in this language)
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