AML Compliance Analyst – AML, Fraud & Securities Surveillance

Alpaca; Canada; Remote; CAD 83,000 - 112,000; Full time

Job summary

A finance technology company is looking for a Compliance Specialist to oversee BSA/AML and fraud monitoring. This fully remote position involves leading investigations, ensuring regulatory adherence, and developing compliance infrastructure. Ideal candidates have 1–3 years of financial crime investigation experience and proficiency with transaction monitoring systems. The role comes with a competitive salary and monthly stipends.

Benefits

Competitive Salary & Stock Options

New Hire Home-Office Setup: One-time USD $500

Monthly Stipend: USD $150

Qualifications

• 1–3 years of experience in financial crime investigations (AML, fraud, securities fraud, or related disciplines).
• Demonstrated ability to identify and escalate potential market manipulation or other financial crimes.
• Effective communication and problem-solving abilities.

Responsibilities

• Collaborate with the AMLCO to implement and refine investigative procedures.
• Conduct in-depth investigations into potentially suspicious activity.
• Prepare, document, and file Suspicious Activity Reports (SARs) in compliance with regulations.

Skills

Experience in financial crime investigations

Understanding of U.S. regulatory requirements

Analytical skills

Communication skills

Proficiency in transaction monitoring systems

Tools

Google Sheets

MS Excel

Job description

Remote - North America

Overview

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 are deeply committed to open-source contributions and fostering a vibrant community, continually enhancing our award-winning, developer-friendly API and the robust infrastructure behind it. Alpaca is 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. We value staying curious, empathy, and accountability, and invite you to apply if you align with our core values and are ready to make a significant impact.

Your Role

Join Alpaca Securities’ dynamic and fully remote Compliance team dedicated to safeguarding the integrity of the financial markets. You will play a critical part in supporting the firm’s BSA/AML, Anti-Fraud, and Securities Fraud Monitoring programs. You will lead and support investigations, ensure adherence to regulatory requirements, and help build a scalable and risk-based compliance infrastructure that meets evolving business and regulatory demands. This position reports directly to the AMLCO (Anti-Money Laundering Compliance Officer).

Key Responsibilities

• Collaborate with the AMLCO to implement and refine investigative procedures across CIP/KYC, AML, Anti-Fraud, and Securities Fraud Monitoring initiatives.
• Conduct in-depth investigations into potentially suspicious activity, including securities fraud, account manipulation, and other financial crimes identified 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.
• Maintain and continuously update firm-wide risk assessments covering BSA/AML, sanctions, fraud, and securities surveillance programs.
• Partner with internal stakeholders and assist during external audits, examinations, and regulatory engagements.
• Provide guidance and support across various business units, including trading, operations, and customer support, to ensure alignment with compliance protocols.
• Stay abreast of regulatory developments and industry best practices, particularly those related to the Bank Secrecy Act, the USA PATRIOT Act, OFAC regulations, and SEC/FINRA rules.
• 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.

What You Bring (Required Qualifications)

• 1–3 years of experience in financial crime investigations (AML, fraud, securities fraud, or related disciplines).
• Strong understanding of U.S. regulatory requirements (e.g., BSA/AML, USA PATRIOT Act, SEC/FINRA regulations).
• Demonstrated ability to identify and escalate potential market manipulation or other financial crimes.
• Proficiency in transaction monitoring systems and case management tools.
• Strong analytical, documentation, and SAR-writing skills.
• Effective communication and problem-solving abilities.
• Experience with Google Sheets or MS Excel, including pivot tables and advanced filtering.
• Working knowledge of domestic and international payment systems.

How We Take Care of You

• Competitive Salary & Stock Options
• New Hire Home-Office Setup: One-time USD $500
• Monthly Stipend: USD $150 per month via a Brex Card

Alpaca is an equal opportunity employer dedicated to pursuing and hiring a diverse workforce.