Regulatory Compliance Analyst

  • Oakland, CA
  • 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 Compliance regulatory program and operations team at Square is to perform the day-to-day operational tasks associated with meeting internal standards and regulatory requirements. We actively monitor for potential money laundering, fraud, and other suspicious activity. Square is looking for a Regulatory Compliance Analyst to help conduct investigations, analyze transaction activity and trends, and write/review Suspicious Activity Reports (SARs).

You will:

  • Monitor and act upon compliance-related alerts and referrals

  • Investigate and document incidents of potential money laundering, fraud, or terrorist financing

  • Write and review Suspicious Activity Reports with minimal supervision

  • Verify merchant information and conduct due diligence reviews as part of Square's Know Your Customer (KYC) policy

  • Contribute to projects optimizing the regulatory program and operation team's processes

  • Work cross-functionally with Support, Risk, and other operations teams within Square

Qualifications

You have:

  • Strong investigative skills, including familiarity with public record research and database tools

  • Demonstrated transaction analysis skills that apply across numerous financial products and services in complex scenarios

  • Familiarity with relevant BSA/AML laws and regulations as well as industry best practices

  • Excellent verbal and written communication skills

  • An ability to self-manage time sensitive directives and work with team members of all levels

  • An ability to work in a fast-paced and dynamic environment

  • 2+ years experience in BSA/AML or Fraud related work, preferably in the payments space

  • BA/BS degree or equivalent practical experience

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)squareup.com. 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.