Compliance Risk Analysis & Controls Lead

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.

To solve this problem, we expanded into software and built integrated solutions to help sellers sell online, manage inventory, 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.

This is a 100% remote opportunity in the United States

Job Description

You will lead Square's Compliance Risk Analysis and Control function and report to the Compliance Regulatory Lead. This function provides management of company and product compliance risk assessments, regulatory examinations, independent audits, the customer risk rating program, change management, and issue management. You will lead the team in developing a strategy for the function, driving these programs forward, and completing other compliance projects with significant company-wide impact. You will support Square's compliance vision by working together with other compliance and counsel personnel to guide the compliance program forward, focusing on compliance risk analysis and related controls. 

You will:

• Develop and execute the vision for the compliance risk analysis and control function
• Lead a team responsible for performing comprehensive compliance risk assessments and analyses, compliance change management programs, audit and exam management, and issue management
• Coordinate your team’s activities with the other functions in Compliance Governance and the broader Compliance organization
• Research relevant laws and regulations and work with Compliance Governance, Product Compliance Managers, and Legal to provide regulatory guidance and interpretation
• Communicate complex legal and regulatory concepts in an audience-appropriate manner
• Provide expert advice for the design of policies, programs, procedures, and other controls
• Lead and contribute to special projects with high impact to Square’s compliance program

Qualifications

You have:

• 7 or more years of experience in financial services compliance risk management
• 3 or more years of people management experience
• Applied risk management concepts (e.g. COSO, three lines of defense)
• Expertise in one of the following subject-matter areas: BSA/AML/sanctions, consumer lending, consumer protection, or payments
• Experience with international compliance requirements and programs
• Demonstrated ability to develop compliance risk management programs
• Excellent oral and written communication
• Ability to build relationships and establish trust and credibility with business leads, external partners, and regulators through collaborative and independent initiatives
• Experience in coaching and developing teams

Even better:

• Relevant industry certifications (e.g. CAMS, CRCM, FINRA, CFE)
• Expertise in more than one of the subject-matter areas listed above
• Familiarity with data analytics and visualization platforms

Additional Information

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.

Zone A: USD $152,100 - USD $185,900
Zone B: USD $141,500 - USD $172,900
Zone C: USD $133,800 - USD $163,600
Zone D: USD $121,700 - USD $148,700

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. 

Benefits include the following: