Bitcoin Transaction Monitoring Analyst

  • St. Louis, MO
  • Employees can work remotely
  • Full-time
  • Current Square Employee?: Apply via go/jobs with your Square email.

Company Description

Cash App is the fastest growing financial brand in the world. Initially built to take the pain out of peer-to-peer payments, Cash App has gone from a simple product with a single purpose to a dynamic app with over 24 million monthly active users. We are bringing a better way to send, spend, invest, and save to anyone who has ever sought an alternative to the traditional banking system.

Loved by customers and pop culture, we’ve consistently held the top spot for finance in the App Store for many years, seeing more engagement with millions of followers across social media in a day than most brands see in a year. We are building an ecosystem to redefine the world’s relationship with money by making it universally accessible.

We want to hire the best talent regardless of location. Our employment model is distributed, offering the opportunity to collaborate with teams across the world.

Job Description

We are looking for a Bitcoin Transaction Monitoring Analyst to join Square and support the continued build-out and evolution of our Cash App Compliance Transaction Monitoring team. The mission of the Compliance 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.

In this role, you will support the Cash App Compliance Transaction Monitoring team by monitoring customer Bitcoin activity across the Cash App platform for potentially suspicious activity. You will collaborate with the Compliance team to ensure compliance with applicable laws, regulations and industry best practices 

 Responsibilities

  • Monitor and act upon Cash App compliance-related Bitcoin queue alerts, including reviewing possible suspicious activity and activity that violates Cash App’s rules

  • Use detective-like mentality to investigate and escalate potentially suspicious activity across all AML typologies across the Cash App platform

  • Verify customer and counterparty information and conduct reviews for AML/BSA purposes

  • Interact with internal stakeholders to ensure full compliance with all applicable laws and policies

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

  • Occasionally attend compliance-related seminars to stay abreast of the compliance industry

Qualifications

You have:

  • 2+ years experience reviewing high volume of unusual Bitcoin or other virtual currency activity relating to payments and peer-to-peer transmissions from a BSA/AML compliance perspective

  • 2+ experience in transaction monitoring/compliance/AML with a financial institution or payment-focused company preferred

  • Knowledge and familiarity with Chainalysis & Elliptic

  • Deep understanding and comprehension of Bitcoin and/or other virtual currencies, and blockchain analysis

  • Knowledge of BSA/AML regulations, risks, and typologies

  • Passion for Cash App/Square, and a strong interest in technology/knowledge of the industry

  • A strong operations mindset involving time sensitive directives and ability to self-manage workflow across competing priorities

  • An ability to work in a fast-paced and dynamic environment with a drive to deliver outstanding results

  • Excellent verbal and written communication skills 

  • 4-year undergraduate degree

Even Better:

  • Industry certifications (CAMS, CFE, CFCS, CRCM)

  • Experience with SQL and/or Snowflake

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:
  • Healthcare coverage
  • Retirement Plans
  • Employee Stock Purchase Program
  • Wellness perks
  • Paid parental leave
  • Paid time off
  • Learning and Development resources