Transaction Monitoring Lead

  • St. Louis, MO
  • Full-time

Company Description

We believe the economy is better when everyone has access. When everyone has room to grow. No one should be left out because the cost is too great or the technology too complex. We started with a little white credit card reader but haven’t stopped there. We’re empowering the independent electrician to send invoices, setting up the favorite food truck with a delivery option, helping the ice cream shop pay its employees, and giving the burgeoning coffee chain capital for a second, third, and fourth location. We’re here to help sellers of all sizes start, run, and grow their business—and helping them grow their business is good business for everyone.

Job Description

The mission of the 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 lead a transaction monitoring compliance program.  The Transaction Monitoring Compliance Lead will manage a team of compliance professionals and is responsible for utilizing effective tools to assess and combat BSA/AML risk across the organization.

You will:

  • Oversee U.S.-based compliance operations team, including training, hiring, coaching, and managing staff

  • Work with other Compliance leads to provide strategic planning on team growth, organizational structure, focus areas, and quarterly goals

  • Develop and maintain policies and procedures applicable to the team, including iterating on existing workflows to streamline and add efficiency

  • Work with other Compliance team members to develop technical specifications for tool enhancements or new tool buildout

  • Understand the regulatory landscape and compliance requirements; with emphasis on applicable BSA/AML requirements that include customer identification procedure, due diligence best practice, and anti-money laundering protocols

  • Liaise with all relevant business partners, both internally and externally

  • Maintain up to date knowledge on regulatory changes and landscape

  • Provide guidance and insight on merchant account analysis, including handling account escalations from junior team members


You have:

  • 5+ years in a compliance / compliance operations role with a financial services firm, preferably in the payment or Fintech space

  • 5+ years of management experience leading teams in a dynamic/fast paced environment

  • Extensive knowledge and expertise of AML regulations, risks, and typologies

  • Strong operational knowledge in executing and running a sound Compliance program, preferably with hands-on knowledge of MSB and relevant regulatory requirements

  • Ability to work in a fast-paced, dynamic, and innovative environment, with the ability to deliver outstanding results

  • Self-starter who can perform flawlessly with minimal direction

  • A do-it-all, nothing is too small mentality

  • CAMS certification preferred

Additional Information

At Square, our purpose is to empower – within and outside of our walls. In order to build the best tools for the businesses and customers we support all over the world, we have to start at home with a workforce as diverse and empowered as our sellers. To this end, we take great care to evaluate all employees and job applicants equally, based on merit, competence, and qualifications. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or any other characteristic protected by law. We encourage candidates from all backgrounds to apply and always consider qualified applicants with arrest and conviction records, in accordance with the San Francisco Fair Chance Ordinance. Applicants in need of special assistance or accommodation during the interview process or in accessing our website may contact us by sending an email to assistance(at) We will treat your request as confidentially as possible. In your email, please include your name and preferred method of contact, and we will respond as soon as possible.