Job Description: Fraud & AML Investigator

Salary: $148K - $189K Location Type: Remote Employment Type: Full-Time

Position Overview

Lightspark is building enterprise-ready infrastructure for open payments for the Internet at scale using the Lightning Network. We are seeking a dedicated Fraud & AML Investigator to help develop a formal fraud and AML investigations function for our public launch. This role is crucial in establishing an operational compliance and risk function for Lightspark Payments.

Responsibilities

• Perform detailed investigations into unusual activity based on predefined alerts for Fraud and AML.
• Formally document findings and escalate for review by the Compliance Program Manager.
• Assist in the development of transaction monitoring rules and document the manual review and investigations process.
• Utilize a variety of analytical techniques and systems to make informed decisions on detected transaction patterns.
• Ensure the thorough and timely filing of Suspicious Activity Reports (SARs) with FinCEN.
• Collaborate with internal partners to ensure full compliance with all applicable laws and policies.
• Provide input into the configuration of our third-party fraud vendor and internal rules engine to fine-tune rules and improve effectiveness.
• Investigate and document incidents of potential money laundering, fraud, terrorist financing, elder abuse, and other illicit activities.

Requirements

• 5+ years of experience in AML Compliance AND Fraud Risk related investigations, specifically filing SARs and working complex investigations at a financial institution or related FinTech payments company.
• Strong investigative skills, including familiarity with public record research, blockchain analytics, and fraud detection.
• Knowledge of AML transaction monitoring/suspicious activity reporting typologies and risks regarding cross-border payments or cryptocurrency.
• Solid investigative documentation skills and the ability to pull, parse, and evaluate data for analytics purposes.
• Prior experience working in a start-up environment or other fast-paced work environment is a plus.
• Prior experience with payment systems, US and international payment rails, and compliance obligations around payments is preferred.
• CFA or CFCS is preferred.

Company Information

Lightspark is on a mission to build an open payment protocol for the Internet at scale. We are headquartered in Los Angeles, California, but serve the world. Lightspark Payments is building regulated services on the Lightning Network. We are committed to creating a more inclusive and diverse workplace to reflect the customers we serve and welcome interest from individuals of all backgrounds and levels of experience who share our mission.

Lightspark does not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or other applicable legally protected characteristics. We will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the State of California Fair Chance Initiative for Hiring.

Application Instructions

Regular travel to Los Angeles is required to collaborate with your team and cross-functional stakeholders.