Risk Operations Analyst, Financial Crimes Programs
WFA Digital Insight
As the shift to online payments accelerates, demand for skilled risk operations professionals has surged, with a 25% increase in job openings over the past year. Stripe, a pioneer in financial infrastructure, is seeking a seasoned Risk Operations Analyst to join its Financial Crimes team. With the company's user base expanding rapidly, this role is critical in mitigating risk and upholding regulatory compliance. Candidates should be well-versed in FinCrime red flags, process improvement, and risk assessment, with a strong analytical mindset and excellent communication skills. Before applying, consider how your skills align with Stripe's mission to increase the GDP of the internet safely and responsibly.
Job Description
About the Role
The Risk Operations Analyst plays a vital role in ensuring the integrity of Stripe's financial ecosystem. As part of the Financial Crimes team, you will work closely with cross-functional stakeholders to identify, assess, and mitigate financial crime risks. Your expertise will be crucial in developing and implementing scalable processes that balance user experience with compliance requirements.The Financial Crimes team is responsible for maintaining trust in Stripe's platform, preventing prohibited parties from utilizing its services, and detecting bad actors engaging in money laundering, terrorist financing, or other financial crimes. As the company's global footprint expands, this team is essential in upholding regulatory compliance and contributing to Stripe's mission.
You will be working remotely as part of a distributed team, collaborating with other Risk Operations Analysts, engineers, and stakeholders to achieve common goals. Your day-to-day responsibilities will include analyzing data, identifying trends, and making informed decisions to mitigate risk.
What You Will Do
- Demonstrate sound judgment in navigating high-risk decisions and non-binary situations
- Adhere to process while constantly questioning assumptions and suggesting improvements
- Effectively communicate with internal stakeholders, Stripe's users, and financial partners
- Identify and assess financial crime risks using data analysis and monitoring for suspicious activity
- Facilitate the redesign of business processes to achieve 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, recommending enhancements and process improvements
- Influence and advise operational teams in building out scalable operational processes
- Develop and maintain expertise in FinCrime red flags, typologies, and risk assessment methodologies
- Collaborate with stakeholders to design and implement compliance policies and procedures
- Participate in routine reporting and service level agreements to ensure compliance and risk mitigation
What We Are Looking For
- 5+ years of experience in risk management, compliance, or financial operations
- Understanding of FinCrime red flags, typologies, and how they can be identified
- Experience in developing and implementing process improvements
- Analytical mindset with the ability to demonstrate reasoned logic in decision-making and judgments
- Effective communication skills with the ability to produce clear, precise, and concise written and presentation materials
- Ability to analyze feedback patterns and use insights to drive process and product improvements
- Policy Development & Regulatory Knowledge: Proven track record developing compliance policies and procedures for payment processing environments
- Risk Assessment and mitigation experience
Nice to Have
- Experience working in a fast-paced, dynamic environment with a strong focus on innovation
- Knowledge of payment processing regulations and compliance frameworks
- Familiarity with data analysis tools and technologies
- Certification in compliance, risk management, or a related field
Benefits and Perks
- Competitive compensation package
- Equity in a pioneering financial infrastructure company
- Flexible, remote work arrangements
- Comprehensive health insurance
- Generous PTO policy
- Professional development opportunities
- Access to cutting-edge technologies and tools
- Collaboration with a talented, distributed team
How to Stand Out
- Tip: Develop a strong understanding of FinCrime red flags, typologies, and risk assessment methodologies to stand out in your application.
- To succeed in this role, focus on building a robust analytical mindset and excellent communication skills.
- When applying, highlight your experience in developing and implementing process improvements and your ability to work in a fast-paced, dynamic environment.
- Be prepared to discuss your approach to risk assessment and mitigation, as well as your knowledge of compliance policies and procedures.
- Consider creating a portfolio that showcases your work in risk management, compliance, or financial operations to demonstrate your expertise.
- During salary negotiations, research the market rate for similar roles and be prepared to discuss your expectations based on your skills and experience.
- Red flag to watch for: Ensure you understand the company's approach to remote work and how it supports distributed teams before applying.
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