Job Description
Who We Are:
Alpaca is a US-headquartered self-clearing broker-dealer and brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24⁄5 trading, and more. Our recent Series C funding round brought our total investment to over $170 million, fueling our ambitious vision.
Amongst our subsidiaries, Alpaca is a licensed financial services company, serving hundreds of financial institutions across 40 countries with our institutional-grade APIs. This includes broker-dealers, investment advisors, wealth managers, hedge funds, and crypto exchanges, totalling over 6 million brokerage accounts.
Our global team is a diverse group of experienced engineers, traders, and brokerage professionals who are working to achieve our mission of opening financial services to everyone on the planet. We’re deeply committed to open-source contributions and fostering a vibrant community, continuously enhancing our award-winning, developer-friendly API and the robust infrastructure behind it.
Alpaca is proudly backed by top-tier global investors, including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Unbound, SBI Group, Derayah Financial, Elefund, and Y Combinator.
Our Team Members:
We’re a dynamic team of 230+ globally distributed members who thrive working from our favorite places around the world, with teammates spanning the USA, Canada, Japan, Hungary, Nigeria, Brazil, the UK, and beyond!
We’re searching for passionate individuals eager to contribute to Alpaca’s rapid growth. If you align with our core values—Stay Curious, Have Empathy, and Be Accountable—and are ready to make a significant impact, we encourage you to apply.
Your Role:
Join Alpaca Securities’ dynamic and fully remote AML Compliance team dedicated to safeguarding the integrity of the financial markets. As the AML Compliance Manager, you will play a critical part in supporting the Securities and Crypto BSA/AML, Anti-Fraud, and Fraud Monitoring programs. You will lead and support investigations, ensure regulatory compliance, strengthen internal controls, and collaborate closely with cross-functional teams to build a scalable, risk-based AML compliance infrastructure that evolves with our business and regulatory demands.
This position reports directly to the AMLCO (Anti-Money Laundering Compliance Officer).
Key Responsibilities:
- Partner with the AMLCO (and/or CCO) to maintain, enhance, and operationalize the firm’s CIP/KYC, AML, Anti-Fraud, and Fraud Monitoring initiatives across both the firm’s Securities and Crypto entities.
- Lead and maintain periodic firm-wide risk assessments covering BSA/AML, sanctions, fraud, and surveillance programs.
- Oversee transaction monitoring systems, blockchain analytics tools, and case management workflows.
- Conduct in-depth investigations into potential suspicious activity across crypto, equities, and other financial instruments, including market manipulation, fraud, account takeovers, money laundering typologies, and other financial crimes through transaction monitoring alerts, escalations, and referrals.
- Prepare, document, and file Suspicious Activity Reports (SARs) in compliance with FinCEN requirements and internal policies.
- Review and respond to sanctions screening alerts, FinCEN 314(a) and 314(b) requests, and other regulatory inquiries.
- Partner with internal stakeholders and assist during external audits, examinations, and regulatory inquiries and engagements.
- Provide guidance and support across various business units, including trading, operations, and customer support, to ensure alignment with compliance protocols.
- Support the development and refinement of policies, procedures, monitoring controls, and compliance reporting mechanisms.
- Lead and contribute to special projects, compile investigative findings, and prepare reports for management, regulators, and auditors.
- Stay current on evolving regulatory requirements and industry best practices, with a focus on the Bank Secrecy Act, the USA PATRIOT Act, OFAC sanctions programs, MSB AML Regulations and applicable federal and state laws, rules and regulatory expectations, and proactively assess their impact on the firm’s business and compliance programs.
What You Bring (Required Qualifications):
- 5–8+ years AML, fraud, or financial crime investigations experience at FINRA broker-dealer and/or crypto MSB.
- Strong understanding of BSA/AML, USA PATRIOT Act, OFAC, FinCEN MSB requirements, and FINRA/SEC rules.
- Demonstrated ability to identify and escalate potential market manipulation or suspicious trading activity.
- Experience with transaction monitoring systems, case management tools, open-source intelligence (OSINT) research and investigations and blockchain analytics.
- Strong analytical, documentation, and SAR-writing skills.
- Effective communication and problem-solving abilities.
- Proficient in Google Sheets or MS Excel, including pivot tables and advanced filtering.
- Working knowledge of domestic and international payment rails.
- FINRA Series 7 license (or willingness to obtain within six months of hire).
- Ability to work independently and collaborate across functional teams in a remote setting.
How We Take Care of You:
- Competitive Salary & Stock Options
- Health Benefits
- New Hire Home-Office Setup: One-time USD $500
- Monthly Stipend: USD $150 per month via a Brex Card
Alpaca is proud to be an equal opportunity workplace dedicated to pursuing and hiring a diverse workforce.
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