Fraud Analyst (Sat-Weds)

xAI is seeking a Fraud Analyst to join its BSA/AML team, supporting the detection, investigation, and mitigation of financial crime risks, with an emphasis on fraud-related 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 the 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 developing, testing, and tuning 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:

The salary range is $100,000 - $135,000 USD. The total rewards package at xAI 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.