Block
Our purpose is economic empowerment.
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SAR Investigations Specialist, Cash App

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Company Description
It all started with an idea at Block in 2013. 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 ecosystem, developing unique financial products, including Afterpay/Clearpay, to provide a better way to send, spend, invest, borrow and save to our 47 million monthly active customers. We want to redefine the world's relationship with money to make it more relatable, instantly available, and universally accessible.
Today, Cash App has thousands of employees working globally across office and remote locations, with a culture geared toward innovation, collaboration and impact. We've been a distributed team since day one, and many of our roles can be done remotely from the countries where Cash App operates. No matter the location, we tailor our experience to ensure our employees are creative, productive, and happy.
Check out our locations, benefits, and more at cash.app/careers.
Job Description
The Suspicious Activity Reporting team at Cash App monitors for potential money laundering, fraud, and other suspicious activity. Cash App is looking for a SAR Investigations Specialist to help conduct deep-dive investigations, analyzing transaction activity and trends involving potential financial crimes, and drafting Suspicious Activity Reports (SARs). You will report to a SAR Investigations Lead.
This role is remote in the US.
Qualifications
You Will:

  • You will monitor and act upon compliance-related escalations and referrals.
  • You will Investigate and document incidents of potential money laundering, fraud, terrorist financing, and other illicit activities across the Cash App platform.
  • You will write and review Suspicious Activity Reports to be transmitted to FinCEN and applicable agencies.
  • You will keep up with regulatory updates and help identify new trends and evolving AML typologies.
  • You will contribute to projects optimizing the regulatory program and operation team's processes.
  • You will work in collaboration with Customer Support, Risk, Engineering, and other operations teams within Cash.


You Have:

  • 2+ years experience in BSA/AML/Compliance related investigational work in a financial institution or related FinTech payments space.
  • BA/BS degree or equivalent professional experience.
  • You have strong investigative skills, including familiarity with public record research and database tools.
  • You have knowledge in AML Transaction Monitoring/Suspicious Activity Reporting (SAR) typologies and risks regarding funds transfers/p2p payments and equities.
  • You have transaction analysis skills that apply across numerous financial products in complex scenarios.
  • You have familiarity with relevant AML laws and regulations and industry best practices.
  • You have excellent written communication skills that demonstrate attention to detail and accuracy.
  • You have experience handling sensitive directives and work with team members of all levels.
  • You have experience working in a fast-paced environment and adjust quickly.


Even Better

  • You have knowledge in AML transaction monitoring/suspicious activity reporting typologies and risks regarding cryptocurrency.
  • You have familiarity with using and writing SQL queries.
  • You have experience using Google Workspace and collaborative tools.
  • You have experience manipulating and presenting trends to management using large data-sets.
  • You can independently manage projects and tasks end to end, providing regular updates to management.


Qualifications
You Will:

  • You will monitor and act upon compliance-related escalations and referrals.
  • You will Investigate and document incidents of potential money laundering, fraud, terrorist financing, and other illicit activities across the Cash App platform.
  • You will write and review Suspicious Activity Reports to be transmitted to FinCEN and applicable agencies.
  • You will keep up with regulatory updates and help identify new trends and evolving AML typologies.
  • You will contribute to projects optimizing the regulatory program and operation team's processes.
  • You will work in collaboration with Customer Support, Risk, Engineering, and other operations teams within Cash.


You Have:

  • 2+ years experience in BSA/AML/Compliance related investigational work in a financial institution or related FinTech payments space.
  • BA/BS degree or equivalent professional experience.
  • You have strong investigative skills, including familiarity with public record research and database tools.
  • You have knowledge in AML Transaction Monitoring/Suspicious Activity Reporting (SAR) typologies and risks regarding funds transfers/p2p payments and equities.
  • You have transaction analysis skills that apply across numerous financial products in complex scenarios.
  • You have familiarity with relevant AML laws and regulations and industry best practices.
  • You have excellent written communication skills that demonstrate attention to detail and accuracy.
  • You have experience handling sensitive directives and work with team members of all levels.
  • You have experience working in a fast-paced environment and adjust quickly.


Even Better

  • You have knowledge in AML transaction monitoring/suspicious activity reporting typologies and risks regarding cryptocurrency.
  • You have familiarity with using and writing SQL queries.
  • You have experience using Google Workspace and collaborative tools.
  • You have experience manipulating and presenting trends to management using large data-sets.
  • You can independently manage projects and tasks end to end, providing regular updates to management.
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What are Block Perks + Benefits

Block Benefits Overview

At Block, we want to provide you with benefits, perks, and offerings that empower you to make choices for your life and what matters to you. We understand the importance of having quality care. So, whatever stage of life you’re in, we offer coverage and plans to support total health — physical, mental, and financial — for you and your family.

Culture
Volunteer in local community
Partners with nonprofits
OKR operational model
Team based strategic planning
Open office floor plan
Employee resource groups
Employee-led culture committees
Hybrid work model
Flexible work schedule
Remote work program
Diversity
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity employee resource groups
Hiring practices that promote diversity
Diversity recruitment program
Health Insurance + Wellness
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Wellness programs
Mental health benefits
Wellness days
Abortion travel benefits
Financial & Retirement
401(K)
401(K) matching
Company equity
Employee stock purchase plan
Performance bonus
Pay transparency
Child Care & Parental Leave
Childcare benefits
Generous parental leave
Family medical leave
Adoption Assistance
Fertility benefits
Vacation + Time Off
Generous PTO
Paid holidays
Paid sick days
Flexible time off
Floating holidays
Bereavement leave benefits
Office Perks
Company-sponsored outings
Free snacks and drinks
Some meals provided
Company-sponsored happy hours
Onsite office parking
Relocation assistance
Fitness stipend
Professional Development
Job training & conferences
Lunch and learns
Promote from within
Mentorship program
Online course subscriptions available
Customized development tracks
Personal development training
Virtual coaching services
Apprenticeship programs

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