Operations Associate, Financial Crimes (EDD / PEP)

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

Did you know that only around 4% of the world’s GDP comes from internet
commerce? At Stripe, we believe that this represents a future with
almost limitless potential for innovation, creativity and global
prosperity. While the promise of a global online economy is palpable, it
doesn’t come without significant risk. Each day, bad actors disrupt the
trust and safety of the internet and increase the barrier of entry for
online businesses. The Financial Crimes team ensures that our platform
remains safe, that prohibited parties are not allowed to utilize our
services, and that we identify bad actors engaging in money laundering
or other financial crimes.

What you’ll do

We are looking for someone who is passionate about fighting financial
crimes and solving the puzzle of investigations, is naturally curious,
and is comfortable operating in ambiguity and finding creative
solutions. You will be responsible for conducting investigations and
making account-level judgments and recommendations for regulatory
reporting. You will be confident in looking through data, assessing
various indicators, and making judgements on your findings.

The right candidate for this role will have experience in financial
crimes compliance, preferably within the fintech or e-commerce space.

Responsibilities

  • Conduct decision reviews for Enhanced Due Diligence (EDD) and
    Politically-exposed Persons (PEP) , 
  • Understand complex regulatory and compliance requirements within the
    financial services space and complete analyses in accordance with
    these requirements
  • Analyze complex problem and exercising sound analytical judgment on
    investigation resolutions or decisions
  • Perform assignments/tasks of high complexity and resolving incoming
    requests from internal Stripe teams, financial partners, or other
    parties 
  • Adhere closely to process documentation and draft clear and concise
    investigative summaries and analyses, including draft regulatory
    reports for submission 
  • Be a part of building a brand new team and operational culture for
    Stripe

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

  • 2+ years of experience in financial crimes, AML, EDD or PEP roles
  • Experience conducting in-depth user KYC, nature of business, adverse
    media, high risk country / business sector reviews in EDD work flows 
  • Experience reviewing PEP and user alert details, understanding
    mitigation factors and making determinations / escalations 
  • General awareness of money laundering, terrorism financing, and/or
    sanctions trends and regulatory developments
  • Independently analyze and evaluate information from various data
    sources to determine a course of action for a matched case
  • Ability to clearly record by writing the rationale & documenting
    the evidence of the decision making process about the match being
    positive or false for analytical, presentation, and audit purposes
  • Excellent written, spoken and interpersonal skills, 
  • Excellent problem-solving skills and demonstrated ability to work
    independently, analyze problems and data sets to make complex
    investigation decisions 
  • Self-disciplined, diligent, proactive and detail oriented
  • The SDC operates during daytime hours with shifts from the morning
    through early evening

Preferred qualifications

  • Knowledge in payments and the fintech industry 
  • Familiarity with SQL and ability to use template or pre-made SQL
    queries as part of investigations

Office locations

Bengaluru

Team

Operations

Job type

Full time

We look forward to hearing from you

At Stripe, we're looking for people with passion, grit, and integrity. You're encouraged to apply even if your experience doesn't precisely match the job description. Your skills and passion will stand out—and set you apart—especially if your career has taken some extraordinary twists and turns. At Stripe, we welcome diverse perspectives and people who think rigorously and aren't afraid to challenge assumptions. Join us.