SAR Investigations Specialist, Cash App

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 50+ 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.
The Role
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 based 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.

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 .
While there is no specific deadline to apply for this role, U.S. roles are typically open for an average of 55 days before being filled by a successful candidate. Please refer to the date listed at the top of this job page for when this role was first posted.
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:
$83,900 - $125,900 USD
Zone B:
$78,100 - $117,100 USD
Zone C:
$71,400 - $107,000 USD
Zone D:
$63,000 - $94,400 USD
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.