Bitcoin Compliance Analyst, Cash App

Company Description

The Bitcoin Investigations team at Cash App actively monitors for potential money laundering, fraud, and other suspicious activity across the Cash App platform involving bitcoin. Cash App is looking for a Bitcoin Investigations Analyst to help conduct deep-dive investigations, analyzing transaction activity and trends involving potential financial crimes, and drafting Suspicious Activity Reports (SARs).

You Will:

• Work in collaboration with Customer Support, Risk, Engineering, and other operational teams within Cash App .
• Keep up with regulatory updates and assist in identifying new trends and evolving AML typologies.
• Contribute to projects optimizing the regulatory program and operation team’s processes.
• Write and review Suspicious Activity Reports to be transmitted to FinCEN and applicable agencies.
• Investigate and document incidents of potential money laundering, fraud, terrorist financing, and other illicit activities involving bitcoin across the Cash App platform.
• Monitor and act upon compliance-related bitcoin escalations and referrals.

Qualifications

You Have:

• Familiarity with relevant AML laws and regulations as well as industry best practices
• Deep understanding and comprehension of bitcoin and/or other virtual currencies, and blockchain analysis
• Knowledge and familiarity with Chainalysis and Elliptic
• Strong investigative skills, including familiarity with public record research and database tools
• 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
• Knowledge in AML transaction monitoring/suspicious activity reporting typologies and risks in regards to bitcoin, funds transfers/ p2p payments, equities, and cryptocurrency
• 1+ years experience investigating unusual bitcoin or other cryptocurrency activity relating to payments and peer-to-peer transmissions from a BSA/AML compliance perspective
• An ability to work in a fast-paced environment and adjust quickly
• Demonstrated transaction analysis skills that apply across numerous financial products in complex scenarios
• 2+ years experience in BSA/AML/Compliance or Fraud/Risk related investigational work, preferably in a financial institution or related FinTech payments space

Even Better:

• A self starter who can manage projects and tasks end to end with minimal supervision, providing regular updates to management
• Experience manipulating and presenting trends to management utilizing large data-sets
• Familiarity with utilizing and writing SQL queries
• Experience using G-Suite and collaborative tools

Additional Information

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.

Zone A: USD $94,400 - USD $115,400
Zone B: USD $87,800 - USD $107,400
Zone C: USD $80,300 - USD $98,100
Zone D: USD $70,800 - USD $86,600

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.

Full-time employee benefits include the following:

• Paid time off (including 12 paid holidays)
• Healthcare coverage (Medical, Vision and Dental insurance)
• Employee Stock Purchase Program
• Additional Perks such as WFH reimbursements and free access to caregiving, legal, and discounted resources
• Retirement Plans including company match
• Paid sick leave (1 hour per 26 hours worked (max 80 hours per calendar year to the extent legally permissible) for non-exempt employees and covered by our Flexible Time Off policy for exempt employees)
• Wellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowance
• Health Savings Account and Flexible Spending Account
• Paid Life insurance, AD&D, and disability benefits
• Learning and Development resources
• Paid parental and caregiving leave

These benefits are further detailed in Block's policies. This role is also eligible to participate in Block's equity plan subject to the terms of the applicable plans and policies, and may be eligible for a sign-on bonus. Sales roles may be eligible to participate in a commission plan subject to the terms of the applicable plans and policies. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.

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 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, veteran status, 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, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.