What are the responsibilities and job description for the SAR Control Lead position at magnit-airbnb?
Airbnb was born in 2007 when two Hosts welcomed three guests to their San Francisco home, and has since grown to over 4 million Hosts who have welcomed more than 1 billion guest arrivals in more than 100, 000 cities and towns located in 220 countries and regions across the globe. Every day, Hosts offer unique stays and one-of-a-kind activities that make it possible for guests to experience the world in a more authentic, connected way.
Airbnb was born with a creative spirit, and it’s one of the most defining parts of our culture. We use our curiosity and imagination to come up with unconventional solutions. These are the ideas at the core of Airbnb:
- Our community is based on connection and belonging.
- Our creativity allows us to imagine new possibilities for people.
- Our responsibility is to all of our stakeholders.
- It takes a unified team committed to our core values to embody these ideas, and our fast-moving team is committed to leading as a 21st century company.
The Suspicious Activity Reporting (“SAR”) Control function plays a critical role in the Transaction Monitoring and Investigative Reporting (“TMIR”) team within Airbnb Payments AML-CFT Compliance program. The role involves quality control of the SAR program in addition to management reporting on SAR trends, risks and issues globally. This individual will need to have an understanding of Airbnb’s transaction monitoring model (“Model”). This role will collaborate with internal Payments teams including Compliance, Risk, and Product to design and maintain controls relating to the filing of suspicious activity reports.
- Evolve the transaction monitoring, case management and SAR filing system
- Includes case information system development, Model evolution and e-filing processes
- E2E Mapping of the Model features and related detection and risk mitigation controls that may exist outside of Airbnb Payments
- Drive streamlined adjustments to Model features that represents a risk based approach, limits false positives to appropriate levels and improves the detection of suspicious activities representative of the merchant nature of the Airbnb business.
- SAR Investigation Due Diligence Procedures (E2E)
- Advanced investigations training
- Management reporting on SAR trends, risks and issues
- SAR Filing Processes and Procedures
- Improve Operational Quality Control Layers
- Quality assurance (QA) at 95% confidence level
- Make QA More Impactful
- SAR control sample
- Review of Significant Cases
- SAR Control Program
- TMIR Lead
- Significant SAR Review Committee
- Committee and stakeholder engagement (including Money Laundering Reporting Officers, Program Leads, and Chief Compliance Officer )
- Chaired By Lead - SAR Control
- Review of General SAR Metrics (production and risk based metrics)
- Sample of Significant SAR Briefings from Investigators to Committee across all Payments entities
Skills and Qualifications:
- Strong analytical skills to identify complex patterns and potential red flags within financial data.
- Understanding of Anti-Money Laundering/Banking Secrecy Act regulations and compliance requirements
- Familiarity with financial systems and transaction processing
- Familiarity with Machine Learning, Artificial Intelligence and Rules Based Systems for Suspicious Activity detection
- Excellent attention to detail and ability to accurately document information
- Effective communication and collaboration skills to interact with various internal stakeholders
- Investigative skills to gather and analyze relevant information
- Self starter with the ability to problem solve, network and work their way to solving a problem
Belonging & Accommodations:
Airbnb is committed to working with the best and brightest people from the broadest talent pool possible. We believe a diversity of ideas fosters innovation and engagement, and allows us to attract the best people, and to develop the best products, services and solutions. All qualified individuals are encouraged to apply. If you need assistance, or reasonable accommodation during the application and recruiting process, please connect with your talent sourcing partner.
Pay Rate Range: $54-$63/hour.
Benefits: Medical, Dental, Vision, 401K
Salary : $54 - $63
