Compliance Specialist, Clearpay

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. Want to learn more about what we're doing to build an inclusive workplace? Check out our Inclusion & Diversity page
Every benefit we offer is designed with one goal: empowering you to do the best work of your career while building the life you want. Remote work, medical insurance, flexible time off, retirement savings plans, and modern family planning are just some of our offering. Check out our other benefits at Block.
Block, Inc. (NYSE: XYZ) builds technology to increase access to the global economy. Each of our brands unlocks different aspects of the economy for more people. Square makes commerce and financial services accessible to sellers. Cash App is the easy way to spend, send, and store money. Afterpay is transforming the way customers manage their spending over time. TIDAL is a music platform that empowers artists to thrive as entrepreneurs. Bitkey is a simple self-custody wallet built for bitcoin. Proto is a suite of bitcoin mining products and services. Together, we're helping build a financial system that is open to everyone.