KYC Specialist, Block
Brokerage Operations
$70.8-115.4k
Salary is dependent on location. This role is also eligible to participate in Block's equity plan and may be eligible for a sign-on bonus
Financial services ecosystem
Job no longer available
Financial services ecosystem
1001+ employees
Job no longer available
$70.8-115.4k
Salary is dependent on location. This role is also eligible to participate in Block's equity plan and may be eligible for a sign-on bonus
1001+ employees
Company mission
To create better tools to help everyone access the economy.
Role
Who you are
- The ideal candidate for this role is someone who has deep experience in brokerage operations
- 5+ years of experience in either a back office brokerage operations role with a direct focus on customer account management or broker-dealer compliance with a focus on AML / Identity Theft
- Experience with identity verification and customer identification programs
- Functional experience with Looker / Tableau or other data analytics tools
- Technical experience scaling processes or managing projects
- FINRA Licenses: Series 7, 63, and 24
- Knowledge and respect for SEC/FINRA regulatory and compliance rules and regulations
- Highly organized and detail oriented
- Team player and willing to jump in and help others on a regular basis
- Someone who thrives in a highly collaborative and fast-paced environment
- Well versed in collaborating with peer disciplines such as Product, Engineering, Data Science, Compliance etc
- Excellent verbal and written communication skills
- A passion for our mission of economic empowerment through serving the underserved
What the job involves
- We're looking for a world class talent to join our broker-dealer subsidiary, Cash App Investing LLC
- This role reports to a brokerage operations accounts lead
- Provide subject matter expertise on strategic initiatives related to brokerage functions
- Document standard operating procedures and job aids and update as needed
- Identify areas for process improvement and work toward implementation with respective teams
- Willing to work and get comfortable with ambiguity in a fast paced environment
- Works closely with peers to provide support in functional areas of operation and provides feedback
- Completes daily brokerage operations tasks in best practice with firm written supervisory procedures and operational processes
- Reviews and actions accounts in accordance with firm policy and procedure
- Collaborates with lead, peers, and cross functional teams to identify areas of opportunity and risks
- Performs daily operational processing functions and maintains records in accordance with firms Written Supervisory Procedures
- High-level understanding of SEC / FINRA regulations that pertain to the subject matter
Our take
Block is a financial services technology company comprising of Square, Cash App, Spiral, TIDAL, and TBD. Its biggest brand, Square, offers hardware and software for small to medium-sized businesses enabling them to manage the entire payment lifecycle. It functions similarly to Shopify and Stripe, but has paired online payment processing with physical devices such as registers, payment terminals, and mobile card readers.
The business was originally founded as Square in 2009 by Jack Dorsey of Twitter fame. Already well-established with SMEs all over the globe, Square has significantly benefited from the increased demand for mobile payment systems. Its order management feature remains a go-to tool for small businesses that otherwise didn't have the proper infrastructure in place when demand for home delivery surged.
Square rebranded as Block in December 2021, with the Square brand name remaining in place for their seller business. The company has since come under fire for its security practices, facing lawsuits in relation to a major breach of CashApp user data, and in 2024 announced plans to reduce its workforce in order to cut costs. Despite these setbacks, there is every chance the business will move past this, though it may take some time to rebuild trust in its product.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
19% employee growth in 12 months
Company
Company benefits
- 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
Company HQ
SoMa, San Francisco, CA
Leadership
Jack Dorsey
(CEO)Having studied at and dropped out of New York University, Jack founded Twitter in March 2006, where he has served as CEO since. He co-founded Square with Jim in February 2009, and has remained its CEO ever since.
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