AML Fraud Investigator

Summary

Join Lightspark Payments, a company building regulated services on the Lightning Network, and help develop a formal fraud and AML investigations function for our public launch. The main responsibility is investigating and documenting potential money laundering, fraud, terrorist financing, and other illicit activities, and documenting Suspicious Activity Reports (SARs). You will also contribute to enhancing fraud configuration and transaction monitoring controls by providing proactive feedback from investigations. This role requires regular travel to Los Angeles for collaboration. You will report to the Compliance Program Manager and initially have sole responsibility for fraud and AML investigations. Lightspark is committed to creating a more inclusive and diverse workplace. We welcome interest from individuals of all backgrounds and levels of experience who share our mission.

Requirements

• 5+ years experience in AML Compliance AND Fraud Risk related investigations, specifically filing SARs and working complex investigations at a financial institution or related FinTech payments company
• Strong investigative skills, including familiarity with public record research, blockchain analytics, and fraud detection
• Knowledge of AML transaction monitoring/suspicious activity reporting typologies and risks regarding cross border payments or cryptocurrency
• Solid investigative documentation skills and the ability to pull, parse, and evaluate data for analytics purposes

Responsibilities

• Perform detailed investigations into unusual activity based on predefined alerts for Fraud and AML, and formally document findings, and escalate for review by the Compliance Program Manager
• Assist in the development of transaction monitoring rules and document the manual review and investigations process
• Use a variety of analytical techniques and systems to make informed decisions on detected transaction patterns
• Ensure the thorough and timely filing of suspicious activity reports with FinCEN
• Collaborate with internal partners to ensure full compliance with all applicable laws and policies
• Provide input into the configuration of our third party fraud vendor and internal rules engine, to fine tune rules and improve

Preferred Qualifications

• Prior experience with payment systems, US and international payment rails, and compliance obligations around payments is preferred
• Prior experience working in a start-up environment, or other fast paced work environment
• CFA or CFCS preferred