SAR Investigator, Square

Company Description

Since we opened our doors in 2009, the world of commerce has evolved immensely, and so has Square. After enabling anyone to take payments and never miss a sale, we saw sellers stymied by disparate, outmoded products and tools that wouldn’t work together.

So we expanded into software and started building integrated, omnichannel solutions – to help sellers sell online, manage inventory, offer buy now, pay later functionality through Afterpay, book appointments, engage loyal buyers, and hire and pay staff. Across it all, we’ve embedded financial services tools at the point of sale, so merchants can access a business loan and manage their cash flow in one place. Afterpay furthers our goal to provide omnichannel tools that unlock meaningful value and growth, enabling sellers to capture the next generation shopper, increase order sizes, and compete at a larger scale.

Today, we are a partner to sellers of all sizes – large, enterprise-scale businesses with complex operations, sellers just starting, as well as merchants who began selling with Square and have grown larger over time. As our sellers grow, so do our solutions. There is a massive opportunity in front of us. We’re building a significant, meaningful, and lasting business, and we are helping sellers worldwide do the same.

Job Description

The Financial Crimes team at Square actively monitors for potential money laundering, fraud, and other suspicious activity. As a Suspicious Activity Report (SAR) Investigator for high-risk typologies, you will conduct investigations, analyze transaction activity and trends, as well as write and review SARs. 

You will:

• Review escalations of unusual transactions, conduct investigations, and document incidents of potential financial crimes – including but not limited to money laundering and fraud, as well as high-risk activity

• Write and review Suspicious Activity Reports

• Monitor industry trends, evolving financial crimes related typologies, negative news, and regulatory enforcement orders/regulatory changes that could improve Square’s Financial Crimes program.

• Maintain an understanding of Square products and ensure adherence to relevant compliance policies and procedures

• Work in collaboration with Support, Risk, and other operations teams within Square, as needed.

Qualifications

You have:

• 4+ years experience in AML/CFT or Fraud related work, of which includes 1+ year experience working high-risk typologies in the payments space.

• 3+ years of current Suspicious Activity Reporting experience – writing clear and detailed reports with accuracy and precision

• Experience investigating high-risk typologies such as terrorist financing, human trafficking, child sexual …