Block hiring Compliance Analyst, GRC in Chicago, IL | LinkedIn (2024)

Company DescriptionBlock is one company built from many blocks, all united by the same purpose of economic empowerment. The blocks that form our foundational teams — People, Finance, Counsel, Hardware, Information Security, Platform Infrastructure Engineering, and more — provide support and guidance at the corporate level. They work across business groups and around the globe, spanning time zones and disciplines to develop inclusive People policies, forecast finances, give legal counsel, safeguard systems, nurture new initiatives, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block.

Job DescriptionWe are seeking an experienced Governance, Risk and Compliance (GRC) System Administrator to join our Compliance Governance and Reporting Team, and to manage our GRC System. You will ensure that our GRC systems are configured to effectively manage and report on compliance, risk, and governance processes across the organization.

The team manages key components of Block’s Compliance Risk Management Framework, and is part of Global Policy and Governance (GPG) within Block Compliance. With a focus on Block’s Compliance Risk Management Framework, the CGR team has responsibility for the following functions: Policy Governance, Training, Compliance Risk Management, including Advisory, Issues Management, and Reporting. As part of Block’s overarching Compliance Risk Framework, the team manages Block’s GRC tooling, systems and procedures.

You will support Block’s GRC program and tooling functions and report to the GRC Program Manager. The GRC Team develops the components of Block’s Risk Management Framework; you will work with the GRC Program Manager to oversee foundational programs such as Issue Management and Risk & Control requiring tooling integration and development.

We are open to hiring this role remotely.

You Will:

• Administer and configure GRC Tool to meet business requirements
• Manage user access, roles, and permissions within the GRC system
• Provide training and support to system users, and act as the primary point of contact for GRC system-related inquiries
• Develop and generate reports for compliance, audit, and risk assessments
• Stay current with emerging GRC technologies and best practices
• Serve in a project management capacity with the GRC Program Manager to ensure that appropriate teams are involved including facilitation of project introduction, kick-off meetings and weekly status meeting while assisting with the project timeline
• Prepare and deliver training sessions and produce training materials
• Implement customizations/modifications of GRC configurations, including reporting, application development, and data integrations
• Help develop system documentation, playbooks, user acceptance testing
• Provide oversight into the Block Issue Management Program by assisting the GRC Program Manager monitor and report end-to-end management of issues identified across Block

Qualifications

• 3+ years of work experience in a project management-based role
• Experience with Industry-leading GRC Tools
• 5+ years of experience in compliance risk management in a regulated financial services environment
• Applied risk management concepts (e.g. COSO, three lines of defense)
• Understand and work with data analytics teams to develop analytics based stories consumable to a broad range of audiences, including Board members
• Expertise in at least one of the following subject-matter areas: BSA/AML/sanctions, consumer lending, consumer protection, or payments
• A strong analytical approach to create substantiated solutions
• Clear written skills
• Ability to collaborate with team members of all levels, and cross-functional partners
• A mindset to deliver results proactively, resourcefully, and methodically

Additional InformationBlock takes a market-based approach to pay, and pay may vary depending on your location. U.S locations are categorized into one of four zones based on a cost of labor index for that geographic area. The successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. These ranges may be modified in the future.

Zone A: USD $101,500 - USD $152,300

Zone B: USD $94,400 - USD $141,600

Zone C: USD $86,300 - USD $129,500

Zone D: USD $76,200 - USD $114,200

To find a location’s zone designation, please refer to this resource. If a location of interest is not listed, please speak with a recruiter for additional information.

Full-time employee benefits include the following:

• 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

These benefits are further detailed in Block's policies. This role is also eligible to participate in Block's equity plan subject to the terms of the applicable plans and policies, and may be eligible for a sign-on bonus. Sales roles may be eligible to participate in a commission plan subject to the terms of the applicable plans and policies. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.

US and Canada EEOC StatementWe’re working to build a more inclusive economy where our customers have equal access to opportunity, and we strive to live by these same values in building our workplace. Block is a proud equal opportunity employer. We work hard to evaluate all employees and job applicants consistently, without regard to race, color, religion, gender, national origin, age, disability, pregnancy, gender expression or identity, sexual orientation, citizenship, or any other legally protected class.

We believe in being fair, and are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter, who will treat these requests as confidentially as possible. Want to learn more about what we’re doing to build a workplace that is fair and square? Check out our I+D page.Additionally, we consider qualified applicants with criminal histories for employment on our team, and always assess candidates on an individualized basis.

We’ve noticed a rise in recruiting impersonations across the industry, where individuals are sending fake job offer emails. Contact from any of our recruiters or employees will always come from an email address ending with @block.xyz, @squareup.com, @tidal.com, or @afterpay.com, @clearpay.co.uk.

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.While there is no specific deadline to apply for this role, on average, U.S. open roles are posted for 70 days before being filled by a successful candidate.