Compliance Technology Oversight Lead

Block 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.

The Role

Block is seeking a Compliance Technology Oversight Lead to ensure our Machine Learning and Heuristic detection models are fit for purpose. You will partner with Engineering to provide end-to-end oversight and effective challenge throughout the model development lifecycle. You will design a framework and partner with Engineering to build controls to provide real-time, ongoing monitoring of the Detection Models.

You Will

• Provide E2E technical oversight for all compliance detection and AI resolution models, so they align with regulatory expectations.


• Partner with cross-functional teams (Engineering, ML, and Analytics) to build defensible solutions for Transaction Monitoring, Customer Risk Scoring and Sanctions Screening.


• Provide Effective Challenge during model development


• Ensure that documentation is created in line with regulatory expectations, and is always ready for review by third parties, and aligns with guidance such as OCC 2011-12 and SR 11-7.


• Oversee the design and development of real-time dashboards to monitor model health - including input data monitoring and ongoing model performance.


• Establish standards around threshold tuning, and on-going Below The Line (BTL) testing controls.


• Establish frameworks and triggers to determine when the performance of a model may be degrading and requires tuning or deprecation. Oversee subsequent tuning exercises and ensure any changes are in-line with risk appetite and documented in a defensible manner


• Serve as Lead Incident Manager for critical incidents. Quantify the materiality of the incident and partner with Engineering to identify root causes.


• Brief management with concise, data-driven updates. Create documents that can be shared with third parties.


• Lead cross functionally to drive incidents to resolution.

You Have

• 10+ years of experience in compliance technology at Regulated Financial Institutions, or as a consultant working for FI's.


• Experience with both Machine Learning and Heuristic models across Transaction Monitoring, Sanctions Screening and Customer Risk Scoring Models


• Experience in conducting Threshold Tuning and Initialization exercises


• Input Data Quality Monitoring


• Model Performance Monitoring


• AML Model Validations, in line with SR 11-7 and OCC 2011-12


• Experience in responding to Exams and working with Regulators


• Proven track record of driving cross-functional initiatives


• Deep understanding of regulated financial services and corresponding compliance obligations


• Familiarity with statistical concepts related to machine learning


• Expertise in data analytics and visualization


• Experience with agile development methodologies

We'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 an equal opportunity employer evaluating all employees and job applicants without regard to identity or any legally protected class. We will consider qualified applicants with arrest or conviction records for employment in accordance with state and local laws and “fair chance” ordinances.

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.

While there is no specific deadline to apply for this role, U.S. roles are typically open for an average of 55 days before being filled by a successful candidate. Please refer to the date listed at the top of this job page for when this role was first posted.