Fraud Analyst

Pantera Capital; Palo Alto (CA); On-site; USD 100,000 - 135,000; Full time

Job summary

SpaceXAI in California is seeking a Fraud Analyst to join the BSA/AML team. You will support detection and mitigation of financial crime risks, focusing on fraud-related activity, and help ensure regulatory compliance while protecting customers.

You will investigate alerts, perform CDD/EDD, collaborate with Engineering and senior management, document findings for audits, and help tune detection rules. The role requires at least 2 years in fraud-related work and strong communication skills.

Qualifications

• At least 2 years in fraud investigation or related field.
• Working knowledge of BSA/AML, OFAC, and related compliance frameworks.
• Experience with transaction monitoring systems and fraud detection tools.
• Excellent written and verbal communication for regulatory filings.

Responsibilities

• Monitor and investigate fraud, money laundering, and suspicious activity alerts.
• Review customer activity and transaction patterns for red flags.
• Perform CDD/EDD and ongoing monitoring reviews.
• Collaborate with Engineering and senior management on complex cases and risk mitigation actions.
• Document investigations, findings, and decisions for audits and regulatory exams.
• Assist in development and tuning of transaction monitoring rules and fraud detection scenarios.
• Stay current on emerging fraud typologies and AML regulations; contribute to policy updates.
• Support internal and external audits and regulatory examinations.
• Provide guidance and training on fraud and AML indicators to front-line staff.

Skills

Fraud investigations

Data analysis

Regulatory compliance

Written and verbal communication

Tools

Transaction monitoring systems

Case management platforms

Fraud detection tools

Job description

SpaceXAI’s mission is to create AI systems that can accurately understand the universe and aid humanity in its pursuit of knowledge. Our team is small, highly motivated, and focused on engineering excellence. This organization is for individuals who appreciate challenging themselves and thrive on curiosity. We operate with a flat organizational structure. All employees are expected to be hands-on and to contribute directly to the company’s mission. Leadership is given to those who show initiative and consistently deliver excellence. Work ethic and strong prioritization skills are important. All employees are expected to have strong communication skills. They should be able to concisely and accurately share knowledge with their teammates.

ABOUT THE ROLE:

We are seeking a Fraud Analyst to join our BSA/AML team. In this role, you will support the detection, investigation, and mitigation of financial crime risks, with a strong emphasis on fraud-related activity. You will play a key part in ensuring XMoney remains compliant with Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and related regulations while protecting the company and its customers from fraud and illicit activity.

RESPONSIBILITIES:

• Monitor, investigate, and escape potential fraud, money laundering, and suspicious activity alerts using transaction monitoring systems and case management tools.
• Conduct thorough reviews of customer activity, account behavior, and transaction patterns to identify red flags related to fraud and financial crime.
• Perform customer due diligence (CDD), enhanced due diligence (EDD), and ongoing monitoring reviews.
• Collaborate with Engineering and senior management to investigate complex cases and recommend risk mitigation actions.
• Maintain accurate documentation of investigations, findings, and decisions to support audit and regulatory examinations.
• Assist in the development, testing, and tuning of transaction monitoring rules and fraud detection scenarios.
• Stay current on emerging fraud typologies, AML regulations, and industry best practices; contribute to policy and procedure updates.
• Support internal and external audits, regulatory exams, and independent reviews of the BSA/AML program.
• Provide guidance and training to front-line staff on fraud and AML red flags as needed.

BASIC QUALIFICATIONS:

• Minimum of 2 years of direct experience in fraud investigation, fraud operations, or fraud risk management within the financial services or fintech sector.
• Working knowledge of BSA/AML regulations, OFAC sanctions, and related compliance frameworks.
• Experience using transaction monitoring systems, case management platforms, and fraud detection tools.
• Strong analytical skills with the ability to interpret complex data and identify patterns of suspicious or fraudulent activity.
• Excellent written and verbal communication skills, including the ability to draft clear investigative narratives and regulatory filings.

PREFERRED SKILLS AND EXPERIENCE:

• Experience in a fintech, payments, or digital banking environment.
• CAMS, CFE, or other relevant compliance/fraud certifications.
• Familiarity with SAR filing processes and FinCEN requirements.
• Experience collaborating across Fraud, Compliance, and Risk functions.
• Knowledge of emerging fraud trends (e.g., account takeover, synthetic identity, payment fraud, mule activity)

COMPENSATION AND BENEFITS:

$100,000 - $135,000 USD

Base salary is just one part of our total rewards package at xAI, which also includes equity, comprehensive medical, vision, and dental coverage, access to a 401(k) retirement plan, short & long-term disability insurance, life insurance, and various other discounts and perks.

ITAR REQUIREMENTS:

• To conform to U.S. Government export regulations, applicant must be a (i) U.S. citizen or national, (ii) U.S. lawful, permanent resident (aka green card holder), (iii) Refugee under 8 U.S.C. § 1157, or (iv) Asylee under 8 U.S.C. § 1158, or be eligible to obtain the required authorizations from the U.S. Department of State. Learn more about the ITAR here.

SpaceXAI is an equal opportunity employer. For details on data processing, view our Recruitment Privacy Notice.