Role at a glance
- Job function
-
Legal & Compliance Compliance & Regulatory Affairs
- Salary
- Not yet verified Check the description for pay details; an amount or pay period has not been verified.
- Location
- Palo Alto, California, United States New York, New York, United States
- Work arrangement
- Hybrid
- Employment
- Full-time
- Experience
- Minimum of 2 years of direct experience in fraud investigation, fraud operations, or fraud risk management within the financial services or fintech sector.
- Visa support
- To conform to U.S. Government export regulations, applicant must be a (i) U.S. citizen or national, (ii) U.S. lawful, permanent resident...
Spotted an issue?
We’ll check it against the original posting.
Role Summary
The Fraud Analyst joins the BSA/AML team to support the detection, investigation, and mitigation of financial crime risks, with an emphasis on fraud. The role works a full-time Saturday–Wednesday schedule, with remote work permitted on weekends and in-office attendance required Monday through Wednesday in Palo Alto or New York City.
What You'll Do
- Monitor, investigate, and escalate potential fraud, money laundering, and suspicious activity alerts, and review customer activity,...
- Conduct customer due diligence, enhanced due diligence, and ongoing monitoring reviews.
- Collaborate with Engineering and senior management on complex cases and risk mitigation, and assist with developing, testing, and tuning...
- Document investigations, findings, and decisions to support audits and regulatory examinations; support internal and external audits,...
- Stay current on fraud typologies, AML regulations, and industry practices, contribute to policy and procedure updates, and provide...
Generated from the employer's posting. Verify important details before applying.
View full postingQualifications
Minimum of 2 years of direct experience in fraud investigation, fraud operations, or fraud risk management within financial services or fintech; working knowledge of BSA/AML regulations, OFAC sanctions, and related compliance frameworks; experience using transaction monitoring systems, case management platforms, and fraud detection tools; strong analytical skills and written and verbal communication skills, including drafting investigative narratives and regulatory filings.
Preferred
- Experience in a fintech, payments, or digital banking environment.
- CAMS, CFE, or other relevant compliance/fraud certifications.
- Familiarity with SAR filing processes and FinCEN requirements.
- Experience collaborating across Fraud, Compliance, and Risk functions.
- Knowledge of emerging fraud trends (e.g., account takeover, synthetic identity, payment fraud, mule activity)
Original job description
Content provided by the employer
Original job description
Content provided by the employer
SpaceX was founded under the belief that a future where humanity is out exploring the stars is fundamentally more exciting than one where we are not. Today, SpaceX is actively developing the technologies to make this possible, with the ultimate goal of making life multiplanetary and expanding consciousness to the stars.
SpaceXSI is building Super Intelligence to help humanity understand the universe. Our teams are building the full Super Intelligence stack: from our Colossus supercomputers, to Grok models, to our suite of applications, including Grok Bot, Grok Build, Grok Imagine, Grok Voice, and X. We're creating a powerful flywheel where more compute trains better models, better models power more useful products, and what we learn from people using those products shapes what we build next.
ABOUT THE ROLE:
We are seeking a Fraud Analyst to join our BSA/AML team. In this role, you will support the detection, investigation, and mitigation of financial crime risks, with a strong emphasis on fraud-related activity. You will play a key part in ensuring XMoney remains compliant with Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and related regulations while protecting the company and its customers from fraud and illicit activity.
This is a full-time salaried position with a Saturday–Wednesday schedule. Remote work is permitted on Saturdays and Sundays; in-office attendance is required Monday through Wednesday at either our Palo Alto headquarters or New York City office.
RESPONSIBILITIES:
- Monitor, investigate, and escalate potential fraud, money laundering, and suspicious activity alerts using transaction monitoring systems and case management tools.
- Conduct thorough reviews of customer activity, account behavior, and transaction patterns to identify red flags related to fraud and financial crime.
- Perform customer due diligence (CDD), enhanced due diligence (EDD), and ongoing monitoring reviews.
- Collaborate with Engineering and senior management to investigate complex cases and recommend risk mitigation actions.
- Maintain accurate documentation of investigations, findings, and decisions to support audit and regulatory examinations.
- Assist in the development, testing, and tuning of transaction monitoring rules and fraud detection scenarios.
- Stay current on emerging fraud typologies, AML regulations, and industry best practices; contribute to policy and procedure updates.
- Support internal and external audits, regulatory exams, and independent reviews of the BSA/AML program.
- Provide guidance and training to front-line staff on fraud and AML red flags as needed.
BASIC QUALIFICATIONS:
- Minimum of 2 years of direct experience in fraud investigation, fraud operations, or fraud risk management within the financial services or fintech sector.
- Working knowledge of BSA/AML regulations, OFAC sanctions, and related compliance frameworks.
- Experience using transaction monitoring systems, case management platforms, and fraud detection tools.
- Strong analytical skills with the ability to interpret complex data and identify patterns of suspicious or fraudulent activity.
- Excellent written and verbal communication skills, including the ability to draft clear investigative narratives and regulatory filings.
- Ability to commit to the Saturday–Wednesday full-time work schedule.
PREFERRED SKILLS AND EXPERIENCE:
- Experience in a fintech, payments, or digital banking environment.
- CAMS, CFE, or other relevant compliance/fraud certifications.
- Familiarity with SAR filing processes and FinCEN requirements.
- Experience collaborating across Fraud, Compliance, and Risk functions.
- Knowledge of emerging fraud trends (e.g., account takeover, synthetic identity, payment fraud, mule activity)
COMPENSATION AND BENEFITS:
$100,000 - $135,000 USD
Base salary is just one part of our total rewards package at SpaceXSI, which also includes equity, comprehensive medical, vision, and dental coverage, access to a 401(k) retirement plan, short & long-term disability insurance, life insurance, and various other discounts and perks.
ITAR REQUIREMENTS:
- To conform to U.S. Government export regulations, applicant must be a (i) U.S. citizen or national, (ii) U.S. lawful, permanent resident (aka green card holder), (iii) Refugee under 8 U.S.C. § 1157, or (iv) Asylee under 8 U.S.C. § 1158, or be eligible to obtain the required authorizations from the U.S. Department of State. Learn more about the ITAR here.
SpaceXSI is an equal opportunity employer. For details on data processing, view our Recruitment Privacy Notice.
About the company
xAI
Large Enterprise
xAI is a cutting-edge technology company focused on developing advanced artificial intelligence solutions to enhance human capabilities and optimize decision-making processes. Founded by a team of leading experts in AI and machine learning, xAI aims to address complex challenges across various industries, including healthcare, finance, and transportation. By prioritizing ethical AI development, the company is committed to creating innovative tools that empower organizations to harness the full potential of artificial intelligence while ensuring transparency and accountability.