SAR Investigator

Summary

The job description is for a Suspicious Activity Report (SAR) Investigator in the Financial Crimes team at Square. The role involves investigating potential financial crimes, writing SARs, and monitoring industry trends.

Requirements

• 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 abuse material/child exploitation, elder financial exploitation, scams, etc
• Experience analyzing financial data across numerous financial products or customer accounts as part of AML or fraud investigations
• Strong investigative skills, including familiarity with public record research and database tools
• Familiarity with relevant BSA/AML laws and regulations and industry best practices
• An ability to handle sensitive directives

Responsibilities

• 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

Benefits

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