Global AML Policy & Program Lead

Square

Square

Oakland, CA, USA
Posted on Tuesday, July 2, 2024

Company 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.

Job Description

You will support Block’s BSA/AML Officer and be responsible for managing our Global AML Policy & Program. You will work across centralized and business unit specific Compliance teams in the US and internationally to support alignment, consistency and best practices in anti-financial crime management across Block. In particular, you will bring best industry practices to Block in respect to AML Policy, Risk Assessment, Training, Model Risk Management Programs, KYC, transaction monitoring and product controls, and drive effective risk management practices across business units. You will engage with third parties, auditors, regulators and driving strategic enhancement projects.

You will join Block's Compliance Global Policy & Governance Leadership team and work closely with other members of the Block Compliance Leadership and Regulatory Counsel teams.

You will:

  • Maintain Block’s Global AML Policy and Program documentation, setting and maintaining the specific minimum standards for controls that are required across all business units
  • Provide senior leadership with advice and guidance concerning, AML related industry developments, trends, risks, issues, and incidents
  • Provide input and expertise into data led AML/CFT risk assessment processes and manage specific projects aligned to risk management practices
  • Review and decision exceptions in relation to the Global AML Policy and Program on behalf of the BSA/AML Officer
  • Build and maintain successful relationships both internal and external to Block
  • Establish credibility with, and present and explain the program to, state, federal, and international regulators and partners
  • Partner with Regulatory Counsel, Audit / Exam teams and Internal Audit on AML/CFT related audits and examinations
  • Work with the dedicated Compliance Engineering and Technology teams as a subject matter expert to design and implement effective and measurable AML systems and controls, in particular providing support to the Model Validation team.

Qualifications

  • 12+ years of private sector or government experience in AML/CFT, broader anti-financial crime and risk management
  • Deep experience with, and understanding of, rules, regulations, and guidance relating to US and international AML/CFT standards and best practices
  • First hand experience working on and guiding multi year program uplift
  • Understanding and working with data analytics teams to develop analytics based stories consumable to a broad range of audiences, including Block executive and Board members
  • Experience with international compliance requirements and programs
  • Experience developing end to end compliance risk management programs
  • Experience in coaching, motivating and developing teams, including working effectively across different functions.

Even better:

  • Relevant industry certifications (e.g. CAMS, CRCM, CFE)
  • Deep domain expertise in data analytics and visualization platforms
  • Industry experience working in consultancy practice, development of tools/systems to support scale and efficiency across enterprise risk or compliance risk management domains

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 $239,600 - USD $359,400
Zone B: USD $239,600 - USD $359,400
Zone C: USD $239,600 - USD $359,400
Zone D: USD $239,600 - USD $359,400

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 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.

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, without regard to race, color, religion, gender, national origin, age, disability, veteran status, pregnancy, gender expression or identity, sexual orientation, citizenship, or any other 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 a workplace that is fair and square? Check out our I+D page.

Additionally, we consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.

While there is no specific deadline to apply for this role, on average, U.S. open roles are posted for 70 days before being filled by a successful candidate.