Btc Transaction Monitoring Analyst

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.

The Transaction Monitoring team at Cash App actively monitors for potential money laundering, fraud, and other suspicious activity across the Cash App platform. Cash App is looking for a Transaction Monitoring Analyst to perform ongoing Anti-Money Laundering (AML) transaction monitoring with a primary focus on Bitcoin product offerings to ensure compliance with our regulatory, payment network, and partnership requirements.

You will support the Bitcoin Investigations Team by reviewing a high volume of transaction activity across the Cash App platform. You will report to the Transaction Monitoring Lead to ensure completion of a high volume of daily alert reviews.

You Will:

• Verify customer and counterparty information and conduct reviews for AML/BSA purposes
• Periodically perform above-the-line and below-the-line sampling to enhance the effectiveness of our bitcoin transaction monitoring queues
• Monitor and act upon Cash App compliance-related bitcoin & fiat currency queue alerts, including reviewing possible suspicious activity and activity that violates Cash App’s terms of service
• Occasionally attend compliance-related seminars to stay informed about changes within the compliance industry
• Use detective-like mentality to investigate and escalate potentially suspicious activity across multiple AML typologies across the Cash App platform

Qualifications

You Have:

• Knowledge of BSA/AML regulations, risks, and typologies
• Solid understanding and comprehension of bitcoin and/or other cryptocurrencies, and blockchain analysis
• 2+ years of experience in transaction monitoring/compliance/AML with a financial institution or fintech company
• 2+ years of experience reviewing a high volume of unusual bitcoin or other cryptocurrency activity relating to payments and peer-to-peer transactions from a BSA/AML perspective
• Knowledge and familiarity with Chainalysis & Elliptic
• Passion for Block Inc., Cash App, and a strong interest in bitcoin

Even Better:

• Experience training other analysts and writing procedures
• A self starter who can manage projects and tasks end to end with minimal supervision, providing regular updates to management
• Experience with SQL and/or Snowflake
• Relevant industry certifications (CAMS, CFC, CRC)

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 $103,900 - USD $126,900

Zone B: USD $96,600 - USD $118,000

Zone C: USD $88,300 - USD $107,900

Zone D: USD $77,900 - USD $95,300

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 parental and caregiving leave
• Paid Life insurance, AD&D, and disability benefits
• Healthcare coverage (Medical, Vision and Dental insurance)
• 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)
• Additional Perks such as WFH reimbursements and free access to caregiving, legal, and discounted resources
• Wellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowance
• Retirement Plans including company match
• Health Savings Account and Flexible Spending Account
• Employee Stock Purchase Program
• Paid time off (including 12 paid holidays)
• Learning and Development resources

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.