Compliance Specialist, Clearpay

Block; Greater London; Hybrid; GBP 30,000 - 60,000; Full time

Job summary

An innovative company is seeking a Regulatory Compliance Analyst to enhance its Compliance Regulatory Program. This exciting role involves investigating potential money laundering and fraud, analyzing transaction activity, and contributing to the optimization of compliance processes. The position offers the flexibility of remote work with occasional in-office requirements, making it ideal for candidates who thrive in dynamic environments. Join a forward-thinking organization committed to building an inclusive economy and ensuring compliance with regulatory standards. Your expertise will play a crucial role in safeguarding financial integrity and promoting economic empowerment.

Qualifications

• 2+ years experience in BSA/AML or Fraud related work in the payments space.
• Strong investigative skills and familiarity with relevant laws and regulations.

Responsibilities

• Monitor compliance-related alerts and investigate potential money laundering.
• Write and review Suspicious Activity Reports and optimize regulatory processes.

Skills

BSA/AML Compliance

Fraud Investigation

Transaction Analysis

Public Record Research

Written Communication

Tools

Database Tools

Job description

Block is one company built from many blocks, all united by the same purpose of economic empowerment. The blocks that form our foundational teams — People, Finance, Counsel, Hardware, Information Security, Platform Infrastructure Engineering, and more — provide support and guidance at the corporate level. They work across business groups and around the globe, spanning time zones and disciplines to develop inclusive People policies, forecast finances, give legal counsel, safeguard systems, nurture new initiatives, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block.

The Role

The mission of the Compliance Regulatory Program and Operations team at Block Inc is to perform the daily operational tasks associated with meeting internal standards and regulatory requirements. We monitor for potential money laundering, fraud, and other suspicious activity. Block Inc is looking for a Regulatory Compliance Analyst to help conduct investigations, analyze transaction activity and trends, and write/review Suspicious Activity Reports (SARs).

This role will support Clearpay Compliance and will report to an Investigations Team Lead. This role will be remote in the UK and will have at least 1-2 days a month of in-office requirement. The Clearpay office is located at 101 New Cavendish St, 4th Floor London, W1W 6XH United Kingdom.

You will:

• Monitor and act upon compliance-related alerts and referrals
• Investigate and document incidents of potential money laundering, fraud, or terrorist financing
• Write and review Suspicious Activity Reports
• Contribute to projects optimizing the regulatory program and operation team's processes
• Work in collaboration with Support, Risk, and other operations teams within Block Inc

You have:

• 2+ years experience in BSA/AML or Fraud related work, preferably in the payments space
• Strong investigative skills, including familiarity with public record research and database tools
• Demonstrated transaction analysis skills that apply across numerous financial products in complex scenarios
• Familiarity with relevant BSA/AML laws and regulations as well as industry best practices within UK and surrounding jurisdictions
• Written communication skills that show focus to details and accuracy
• An ability to handle sensitive directives and work with team members of all levels
• An ability to work in a fast-paced environment and adjust quickly as things change

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.