SIU Investigator - Special Investigations Unit

The Role
We are looking for an Investigator to join Block and support the continued buildout and evolution of our Special Investigations Team within the Block Compliance organization. The mission of the Special Investigations Unit (SIU) at Block is to monitor and act upon high-level, complex compliance-related escalations and referrals within both Square and Cash App; investigate and document incidents of potential money laundering, fraud, terrorist financing, elder abuse, human exploitation, employee misconduct investigations, and other illicit activities; work with different law enforcement agencies and track/log inquiries; write and review Suspicious Activity Reports to be transmitted to FinCEN and other applicable agencies. We actively investigate to ensure the safety and soundness of the Block system and maintain a healthy, compliant user base.
You will support the SIU team by investigating potentially suspicious activity across the Block ecosystem. You will collaborate with the broader Financial Crimes team to ensure compliance with applicable laws, regulations and industry best practices.
You Will

• Monitor and act upon high-level, complex compliance-related escalations and referrals within Square and Cash App
• Investigate and document incidents of potential money laundering, fraud, terrorist financing, and other illicit activities across the Square and Cash App platforms
• Write and review Suspicious Activity Reports to be transmitted to FinCEN and applicable agencies
• Use detective-like mentality to investigate potentially suspicious activity across all AML typologies across the Square and Cash App platforms
• Verify customer and counterparty information and conduct reviews for AML/BSA purposes
• Work with internal partners to ensure full compliance with all applicable laws and policies
• Occasionally attend compliance-related seminars to stay informed about the compliance industry

You Have

• 5+ years experience in BSA/AML/Compliance or Fraud/Risk related work, specifically filing SARs and working complex investigations at a financial institution or related FinTech payments space
• Investigative skills, including familiarity with public record research and database tools.
• Knowledge of AML transaction monitoring/suspicious activity reporting typologies and risks regarding funds transfers/peer-to-peer payments, equities, and cryptocurrency.
• Intermediate experience with SQL and/or Snowflake
• You should demonstrate transaction analysis skills that apply across numerous financial products in complex scenarios
• Comprehension and understanding of AML laws, rules and regulations
• Experience and comprehension of MS Excel and the entire suite of Google products
• Can work well in a team setting, and liaison with different law enforcement agencies and government agencies
• Work in a fast paced environment and meet regulatory mandates and filing deadlines
• Support Block Compliance and work in collaboration with Customer Support, Risk, Engineering, and other operations teams within the company as a whole

Even Better:

• Relevant industry certifications (CAMS, CFE, CFCS, CRCM)
• Previous experience drafting and authoring SAR narratives for a financial institution such as a bank or broker dealer
• Create presentations for partners and vendor staff.
• Law enforcement or forensic accounting background.
• Experience with QC design, implementation, and operations.

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, based solely on the core competencies required of the role at hand, and without regard to any 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 an inclusive workplace? Check out our Inclusion & Diversity page
Full-time employee benefits include the following:

• 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

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.
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:
$106,600 - $159,800 USD
Zone B:
$99,100 - $148,700 USD
Zone C:
$90,600 - $136,000 USD
Zone D:
$80,000 - $120,000 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.