Investigations Analyst, SFS Financial Crimes

Block is one company built from many blocks, all united by the same purpose of economic empowerment. The blocks that form our foundational teams - People, Finance, Counsel, Hardware, Information Security, Platform Infrastructure Engineering, and more - provide support at the corporate level. They work across business groups and around the globe, spanning time zones and disciplines to develop inclusive People policies, forecast finances, give legal counsel, safeguard systems, nurture new programs, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block.
Square Financial Services, Inc. (SFS) is Block's bank. We opened in March 2021 and provide lending and FDIC-insured deposit products to individuals and small businesses on a nationwide basis.
The Role
Square Financial Services is looking for someone who is an experienced and motivated professional to combat AML/CFT and Sanctions risk as part of the Financial Crimes Compliance team. The Financial Crimes Compliance Investigations Analyst is primarily responsible for investigating cases of suspected money laundering or fraud, analyzing trends in nefarious activity, and devising strategies to prevent or mitigate risk associated with such activity. You will report to the Square Financial Services Financial Crimes Compliance Investigations FinaLead.
You Will

• Monitor and act upon compliance-related alerts and referrals
• Investigate and document incidents of potential money laundering, fraud, terrorist financing, and other financial crimes
• File and review Suspicious Activity Reports
• Utilize internal and external resources to identify and analyze financial crimes trends
• Collaborate cross-functionally with Compliance, Risk, Operations, and other partner teams in support of the Bank's AML/CFT program
• Identify and assess weak points and make appropriate recommendations to prevent and/or minimize financial crimes risk to the Bank
• Contribute to projects optimizing the AML/CFT regulatory program and Bank operation team's processes
• Occasionally attend compliance-related seminars and team off-sites to stay abreast of the compliance industry

You Have

• Minimum 5 years experience in the financial services industry, with specific experience performing AML/CFT and/or fraud investigations
• 4-year undergraduate degree (minimum)
• Ability to think dynamically, multi-task, organize, and prioritize responsibilities
• Experience understanding legal and regulatory concepts and converting them into relevant, practical business requirements
• Experience in case management systems (Actimize, Fiserv, etc.)
• Experience investigating activity in common consumer and business financial products (checking, savings, loans, P2P payments)
• [Bonus] Experience in SQL (experience with Vertica/Snowflake a plus)
• [Bonus] AML/CFT Certifications (ACFCS, ACAMS, etc.)

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. Block is an equal opportunity employer evaluating all employees and job applicants without regard to identity or any legally protected class. We will consider qualified applicants with arrest or conviction records for employment in accordance with state and local laws and "fair chance" ordinances.
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 .
Block takes a market-based approach to pay, and pay may vary depending on your location. U.S. locations are categorized into one of four zones based on a cost of labor index for that geographic area. The successful candidate's starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. These ranges may be modified in the future.
To find a location's zone designation, please refer to this resource . If a location of interest is not listed, please speak with a recruiter for additional information.
Zone A:
$101,500 - $152,300 USD
Zone B:
$94,400 - $141,600 USD
Zone C:
$86,300 - $129,500 USD
Zone D:
$76,200 - $114,200 USD
Use of AI in Our Hiring Process
We may use automated AI tools to evaluate job applications for efficiency and consistency. These tools comply with local regulations, including bias audits, and we handle all personal data in accordance with state and local privacy laws.
Contact us here with hiring practice or data usage questions.
Every benefit we offer is designed with one goal: empowering you to do the best work of your career while building the life you want. Remote work, medical insurance, flexible time off, retirement savings plans, and modern family planning are just some of our offering. Check out our other benefits at Block.
Block, Inc. (NYSE: XYZ) builds technology to increase access to the global economy. Each of our brands unlocks different aspects of the economy for more people. Square makes commerce and financial services accessible to sellers. Cash App is the easy way to spend, send, and store money. Afterpay is transforming the way customers manage their spending over time. TIDAL is a music platform that empowers artists to thrive as entrepreneurs. Bitkey is a simple self-custody wallet built for bitcoin. Proto is a suite of bitcoin mining products and services. Together, we're helping build a financial system that is open to everyone.