Risk Assessment Lead
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 and guidance 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 initiatives, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block.
The Compliance Governance and Reporting (CGR) team manages key components of Block’s Compliance Risk Management Framework and is part of Global Policy and Governance (GPG) within Block Compliance. The CGR team has responsibility for the following functions: Policy Governance, Risk Assessment, Compliance Training, Compliance Risk Management including Advisory, Third Party Risk Management, Issues Management, GRC tools, and Board Reporting.
As a Risk Assessment Lead within the CGR team, you will lead the team that provides end-to-end management (prepare, conduct and report) of periodic compliance risk assessments, defining and maintaining risk methodology, developing new or expanding current product risk assessments across all Block markets. This role will work closely with other members of the CGR team and broader the GPG organization. You will also work with other Compliance teams to promote program adoption as part of the broader Compliance Risk Management framework.
Lead Risk Assessment teams responsible for managing annual and product risk assessments for domestic and international products and services
Own the Risk Assessment Program, identifying and acting on opportunities to drive increased effectiveness, promote efficiencies, and support program adoption as the program continues to mature and scale.
Guide the team on executing the risk assessment life cycle, including identifying key risks, assessing risks and controls, calculating residual risk, identifying areas for improvement, and working with control owners on any necessary remediation plans
Manage escalations and support the team in overcoming obstacles and executing against program objectives
Work with legal teams in the research and assessment of relevant laws and regulations and work with GPG, Product Compliance Managers (PCMs), and Legal to provide regulatory guidance and interpretation
Analyze complex compliance risk topics and tailor to leadership audiences such as boards of directors, executives, and senior managers
Implement excellent record keeping practices to be adopted throughout the organization
Document end-to-end risk assessment processes in a sustainable and scalable manner
Help identify compliance risk issues and provide input to the design of relevant policies, programs, procedures, and other controls.
8 or more years in Compliance and/or Risk Management with experience in developing, managing, and scaling end-to-end risk assessment programs within a regulated financial services environment
3 or more years of people management experience
Experience in the following subject-matter areas: BSA/AML/sanctions, consumer lending, consumer protection, payments
Experience with global compliance requirements and programs across geographies
Experience in coaching, motivating and developing teams
Experience identifying quantitative risk metrics, working cross-functionally to acquire underlying data, and applying it to risk assessment activities in a meaningful way
Experienced in synthesizing complex data to prepare executive level reporting to be consumed by a wide range of audiences including regulators and senior management
Strong written and interpersonal communication skills, with attention to detail
Ability to collaborate, communicate, and problem-solve issues with team members of all levels, and cross-functional partners across various lines of business as well as senior management
The tenacity to deliver results proactively, resourcefully, and methodically, in addition to having the ability to develop and deliver effective solutions
- Relevant industry certifications (e.g. CAMS, CRCM, CFE)
- Domain expertise in data analytics and visualization platforms
- Experience with international compliance requirements and programs
Block takes a market-based approach to pay, and pay may vary depending on your location. U.S. locations are categorized into one of four zones based on a cost of labor index for that geographic area. The successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. These ranges may be modified in the future.
Zone A: USD $184,100 - USD $225,000
Zone B: USD $171,200 - USD $209,200
Zone C: USD $162,000 - USD $198,000
Zone D: USD $152,700 - USD $186,700
To find a location’s zone designation, please refer to this resource. If a location of interest is not listed, please speak with a recruiter for additional information.
Full-time employee benefits include the following:
- Healthcare coverage (Medical, Vision and Dental insurance)
- Health Savings Account and Flexible Spending Account
- Retirement Plans including company match
- Employee Stock Purchase Program
- Wellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowance
- Paid parental and caregiving leave
- Paid time off (including 12 paid holidays)
- Paid sick leave (1 hour per 26 hours worked (max 80 hours per calendar year to the extent legally permissible) for non-exempt employees and covered by our Flexible Time Off policy for exempt employees)
- Learning and Development resources
- Paid Life insurance, AD&D, and disability benefits
- Additional Perks such as WFH reimbursements and free access to caregiving, legal, and discounted resources
These benefits are further detailed in Block's policies. This role is also eligible to participate in Block's equity plan subject to the terms of the applicable plans and policies, and may be eligible for a sign-on bonus. Sales roles may be eligible to participate in a commission plan subject to the terms of the applicable plans and policies. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.
We’re 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 a proud equal opportunity employer. We work hard to evaluate all employees and job applicants consistently, without regard to race, color, religion, gender, national origin, age, disability, veteran status, pregnancy, gender expression or identity, sexual orientation, citizenship, or any other legally protected class.
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 we’re doing to build a workplace that is fair and square? Check out our I+D page.
Additionally, we consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.
Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.