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Robinhood has released a detailed job advertisement for sanctions investigators, covering prior experience and day-to-day operations.
brokerage app Robin Hood (NASDAQ:HOOD) is reportedly looking to employ the services of sanctions investigators. a job advertisement Submitted by the multidisciplinary financial services company reads:
“We are looking for more growth-minded and supportive people to be part of our journey in democratizing finance for all.”
The discovery comes amid reports that Robinhood is looking to expand its offerings to include a self-custodial crypto wallet. According to Robinhood’s job advertisement, applicants should have experience in crypto, and may also have a working understanding of Chainalysis. Robinhood specifies that although it helps, a Chainalysis experience is not mandatory.
The job requirement specifies at least two years’ experience working in the investigation of financial crimes. In addition, Robinhood is also looking for applicants with more than a year’s experience investigating digital currency transactions.
Robinhood shoots for diversity in hiring sanctions investigators
Although Robinhood has been clear about its requirements, the company also encouraged a wider range of applications. As part of the Robinhood job advertisement reads:
“If you are willing to give 100% to help us achieve our mission – we would love for you to apply even if you feel unsure about whether you meet each of the requirements in this posting.” At Robinhood, we’re looking for people inspired by our mission, values, and drive to change the world, not just people who check all the boxes.”
The presumed Robinhood sanctions investigators will work in the California-headquartered firm’s finance crime compliance unit. According to a LinkedIn post that touched on the role, Robinhood says:
“Sanction investigators will manage all aspects of the investigation, including in-depth analysis of internal and external data sources.”
Employed sanctions investigators will work on a self-contained purse in the Finance Crime Compliance Unit. Robinhood is planning to launch these wallets in the coming months. The firm has Robinhood Wallet, a standalone app on the Apple Store. The app is in beta and allows users to make crypto transactions without network fees.
Robinhood also calculated some of the expected daily responsibilities of successful applicants. These include reviewing and analyzing potential match warnings from disapproved parties from Robinhood customers, and forwarding true positive matches to the Sanctions Office. In addition, Robinhood also says that incoming staff will manage the investigation process from initial identification to disposition and reporting. Ultimately, the company expects its new sanctions officers to explain the findings providing proof of evidence and a final decision.
In other similar news, Robinhood Launched its Web3 Wallet beta last month. Officially called Robinhood Wallet, this wallet supports beta polygon Blockchain as its first network. In addition, Robinhood said its service will be available to 10,000 iOS customers. According to reports at the time, there were over 1 million people on the Robinhood wallet waiting list.
Tolu is a cryptocurrency and blockchain enthusiast based in Lagos. He prefers to understand crypto stories to the bare basics so that anyone anywhere without too much background knowledge can understand it. When he is not deep into crypto stories, Tolu enjoys music, loves to sing and is an avid film lover.