Suspicious Activity Reporting Lead
- New York, NY
- Employees can work remotely
In this role, you will oversee a team responsible for investigating a broad range of financial crime risks stemming from various sources. As the Transaction Monitoring Lead you will manage a team of analysts, track trends and key risks, and utilize effective tools to assess and combat financial crimes risk on the Cash App platform. You will work cross-functionally to design and implement innovative measures for investigations, contribute toward risk prevention and mitigation strategies, and identify tools and technologies to support your team’s workflows and overall effectiveness. You will help create and manage a highly effective program that demonstrates compliance with all applicable laws and regulations in a dynamic and evolving financial services space.
Oversee a team of investigations analysts with varying levels of experience who are responsible for conducting reviews stemming from transaction monitoring alerts and other sources involving a broad range of financial crime risks types.
Work with other Compliance leads to drive 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, improve efficiency and effectiveness
Work with other Compliance Team members to develop technical specifications for tool enhancements or new tool build out
Understand regulatory landscape and compliance requirements; with emphasis on applicable BSA/AML requirements for detection of potentially suspicious activity
Provide guidance, insight and act as an escalation point for your team of analysts as they perform investigations and make recommendations for suspicious activity reports
Manage SLAs and deadlines to meet KPIs, goals and internal benchmarks
3-5 years of experience managing large teams responsible for conducting investigations stemming from transaction monitoring alerts and other sources
5+ years experience in BSA/AML/Compliance or Fraud/Risk related work, preferably in a financial institution or related FinTech payments space
BA/BS degree or equivalent professional experience
Knowledge in AML transaction monitoring/suspicious activity reporting typologies and risks in regards to funds transfers/p2p payments, equities, and cryptocurrency
Familiarity with relevant AML laws and regulations as well as industry best practices
Excellent written communication skills that demonstrate attention to detail and accuracy
An ability to handle sensitive directives and work with team members and stakeholders of all levels
An ability to work in a fast-paced environment and adjust quickly
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. Square 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, 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, and always assess candidates on an individualized basis.
Square, Inc. (NYSE: SQ) builds tools to empower businesses and individuals to participate in the economy. Sellers use Square to reach buyers online and in person, manage their business, and access financing. Individuals use Cash App to spend, send, store, and invest money. And TIDAL is a global music and entertainment platform that expands Square's purpose of economic empowerment to artists. Square, Inc. has offices in the United States, Canada, Japan, Australia, Ireland, Spain, Norway, and the UK.