FAQs
What is the primary responsibility of the Financial Crimes Compliance Analyst?
The primary responsibility of the Financial Crimes Compliance Analyst is to investigate cases of suspected money laundering or fraud, analyze trends in nefarious activity, and devise strategies to prevent or mitigate risks associated with such activities.
What qualifications are required for this position?
The position requires a minimum of 5 years of experience in the financial services industry, preferably in AML/CFT or fraud detection, and at least a 4-year undergraduate degree.
Are there any preferred qualifications for applicants?
Yes, preferred qualifications include experience in SQL (with a focus on Vertica/Snowflake) and AML/CFT certifications such as ACFCS or ACAMS.
What internal teams will the Financial Crimes Compliance Analyst collaborate with?
The Analyst will collaborate cross-functionally with Compliance, Risk, Operations, and other partner teams to support the bank's AML/CFT program.
Is this position eligible for benefits?
Yes, full-time employees in this position will receive various benefits including healthcare coverage, retirement plans with company match, employee stock purchase program, and wellness programs among others.
What is the pay range for this position?
The pay range varies by location and is categorized into zones. For example, Zone A ranges from USD $122,900 to USD $184,300 while Zone D ranges from USD $98,300 to USD $147,500.
Does the company have a commitment to diversity and inclusion?
Yes, Block is committed to building a more inclusive economy and values diversity in the workplace, ensuring all candidates are evaluated consistently without regard to protected classes.
Are there opportunities for professional development?
Yes, the company offers learning and development resources as part of its employee benefits.
Will the position require filing Suspicious Activity Reports?
Yes, one of the duties of the Financial Crimes Compliance Analyst includes filing and reviewing Suspicious Activity Reports.
Is a criminal background check required for this role?
Yes, a criminal background check is required following a contingent offer of employment due to the nature of the role involving access to sensitive personal or financial data.