Compliance Testing & Monitoring Analyst
- Full-time
- Alternate Location: Oakland, United States
Company Description
Square builds common business tools in unconventional ways so more people can start, run, and grow their businesses. When Square started, it was difficult and expensive (or just plain impossible) for some businesses to take credit cards. Square made credit card payments possible for all by turning a mobile phone into a credit card reader. Since then Square has been building an entire business toolkit of both hardware and software products including Square Capital, Square Terminal, Square Payroll, and more. We’re working to find new and better ways to help businesses succeed on their own terms—and we’re looking for people like you to help shape tomorrow at Square.
Job Description
You will support Square Compliance's independent testing and monitoring program. You will support the team in performing testing and monitoring activities. Responsibilities include testing and monitoring of multiple programs such as the consumer and commercial lending programs and Square's anti-money laundering (AML) and sanctions programs. You will support Square's compliance vision by working together with other compliance and counsel personnel to provide regulatory guidance to the business. The scope of your work will involve compliance topics such as BSA/AML, EFTA, ECOA, FCRA/FACTA, GLBA, OFAC, TCPA/TSR, TILA, TISA, and UDAAP. You will report to the Compliance Testing and Monitoring Lead.
You will:
- Perform independent testing and monitoring of regulatory compliance on both a regular and periodic basis
- Identify gaps in controls, and assess remediations proposed by partners
- Prepare compliance reports by collecting and analyzing accurate and verifiable information
- Communicate complex compliance issues with all partners.
- Coordinate with departments in the development of processes to minimize compliance risks
- Consult with corporate attorneys to address complex compliance issues
- Maintain knowledge of applicable compliance laws and regulations and identify new compliance risks
- Help with other special projects
Qualifications
You have:
- 4-year undergraduate degree (Bachelor's Degree) or equivalent experience
- 2 or more years of experience in compliance testing, monitoring, or audit
- Knowledge of at least one of the following subject matter areas: secured or unsecured consumer loans, consumer credit cards, small business lending, deposits, or BSA/AML
- Contribute to the development of new compliance policies, strategies, or work processes
- Experience understanding legal and regulatory concepts and converting them into relevant, practical requirements
- Experience building credibility with business leads, financial institution partners, and regulators through collaborative and independent programs
- Experience conducting database queries and managing projects
Even better:
- Knowledge in more than one of the subject matter areas listed above
- Exposure to testing, monitoring, or auditing compliance requirements in international jurisdictions
- Experience in testing, monitoring, or auditing in a bank sponsorship model
Additional Information
At Square, we value diversity and always treat all employees and job applicants based on merit, qualifications, competence, and talent. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of 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.
Perks
At Square, we want you to be well and thrive. Our global benefits package includes:
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
- Flexible time off
- Learning and Development resources