BTC Transaction Monitoring Analyst

Company Description

It all started with an idea at Block in 2013. Initially built to take the pain out of peer-to-peer payments, Cash App has gone from a simple product with a single purpose to a dynamic ecosystem, developing unique financial products, including Afterpay/Clearpay, to provide a better way to send, spend, invest, borrow and save to our 47 million monthly active customers. We want to redefine the world’s relationship with money to make it more relatable, instantly available, and universally accessible.

Today, Cash App has thousands of employees working globally across office and remote locations, with a culture geared toward innovation, collaboration and impact. We’ve been a distributed team since day one, and many of our roles can be done remotely from the countries where Cash App operates. No matter the location, we tailor our experience to ensure our employees are creative, productive, and happy.

Check out our locations, benefits, and more at cash.app/careers.

Job Description

The Transaction Monitoring team at Cash App actively monitors for potential money laundering, fraud, and other suspicious activity across the Cash App platform. Cash App is looking for a Transaction Monitoring Analyst to perform ongoing Anti-Money Laundering (AML) transaction monitoring with a primary focus on Bitcoin product offerings to ensure compliance with our regulatory, payment network, and partnership requirements. 

You will support the Bitcoin Investigations Team by reviewing a high volume of transaction activity across the Cash App platform. You will report to the Transaction Monitoring Lead to ensure completion of a high volume of daily alert reviews.

 

You Will:

• Monitor and act upon Cash App compliance-related bitcoin & fiat currency queue alerts, including reviewing possible suspicious activity and activity that violates Cash App’s terms of service.
• Use detective-like mentality to investigate and escalate potentially suspicious activity across multiple AML typologies across the Cash App platform.
• Verify customer and counterparty information and conduct reviews for AML/BSA purposes.
• Periodically perform above-the-line and below-the-line sampling to enhance the effectiveness of our bitcoin transaction monitoring queues.
• Occasionally attend compliance-related seminars to stay informed about changes within the compliance industry.

Qualifications

You Have:

• 2+ years of experience reviewing a high volume of unusual bitcoin or other  cryptocurrency activity relating to payments and peer-to-peer transactions from a BSA/AML perspective.
• 2+ years of experience in transaction monitoring/compliance/AML with a financial institution or fintech company.
• Knowledge and familiarity with Chainalysis & Elliptic.
• Solid understanding and comprehension of bitcoin and/or other cryptocurrencies, and blockchain analysis.
• Knowledge of BSA/AML regulations, risks, and typologies.
• Passion for Block Inc., Cash App, and a strong interest in bitcoin.

 

Even Better:

• Experience training other analysts and writing procedures
• Relevant industry certifications (CAMS, CFC, CRC)
• Experience with SQL and/or Snowflake
• A self starter who can manage projects and tasks end to end with minimal supervision, providing regular updates to management

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 $103,900 - USD $126,900
Zone B: USD $96,600 - USD $118,000
Zone C: USD $88,300 - USD $107,900
Zone D: USD $77,900 - USD $95,300

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. 

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 cal