Risk Operations Analyst, Financial Crimes
Who we are
About Stripe
Stripe is a financial infrastructure platform for businesses. Millions of companies-from the world's largest enterprises to the most ambitious startups-use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone's reach while doing the most important work of your career.
About the team
The Financial Crimes team plays a critical role in ensuring a healthy financial ecosystem and maintaining trust in Stripe's platform. We ensure that prohibited parties cannot utilize our services and identify bad actors engaging in money laundering, terrorist financing, or other financial crimes. As Stripe's user base and global footprint grow dramatically, this team is essential for mitigating risk and upholding regulatory compliance, directly contributing to Stripe's mission of increasing the GDP of the internet safely and responsibly.
What you'll do
As a Risk Operations Analyst, you'll work to ensure our policies, operations, and workflows align with the needs of our financial partners. You'll be accountable for workflows impacting a variety of cross-functional internal and external stakeholders to identify and assess regulatory, contractual, and partner risk. Further, you'll influence and advise operational teams in building out scalable operational processes to ensure compliance with service level agreements, routine reporting, and overall risk mitigation.
Responsibilities
Demonstrate sound judgment and an ability to navigate non-binary, high-risk decisions
Adhere closely to process while still constantly questioning assumptions, suggesting improvements, and balancing user experience with compliance requirements
Effectively and clearly communicate with other Stripes, Stripe's users, and Stripe's financial partners Identify and assess financial crime risks, conduct reviews using data analysis, and monitor for suspicious activity and trends
Facilitate the redesign of business processes including clarifying, identifying issues, and facilitating changes to attain the highest levels of efficiency, control, and compliance
Help build and scale processes across the financial crimes operations ecosystem
Identify gaps in current systems, policies, and strategies, and recommend enhancements and process improvements to mitigate emerging risks through a collaborative approach with stakeholders
Who you are
We're looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement.
Minimum requirements
8+ years of experience in risk management, compliance, or financial operations
Understanding of FinCrime red flags, its typologies, and how they can be identified
Experience in developing and implementing process improvements
Demonstrates reasoned logic in decision-making and judgment, considers external and internal factors, and recommends solutions in complex situations
Effective communication skills with the ability to produce clear, precise, and concise written and presentation materials
Ability to analyze feedback patterns and use these insights to drive process and product improvements
Policy development and regulatory knowledge-proven track record developing compliance policies and procedures for payment processing environments
Risk assessment-experience conducting merchant risk assessments, transaction monitoring, and implementing risk-based compliance controls
Operational management and scaled operations-experience driving operational outcomes and managing large-scale operations through vendor partnerships, third-party integrations, and automated solutions to achieve efficiency and scalability in compliance processes
Preferred qualifications
Data analysis tools such as SQL
Experience in transaction monitoring or financial investigations, Sanctions, AML, EDD, KYC, and KYB
Knowledge of payment processing systems and associated risks
