AML Compliance Officer

Socket.dev; Chicago (IL); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Performance Bonuses

Stock Purchase Options

Medical/Vision/Dental Benefits

401k Plan

Paid vacation

Paid sick days

Gym Membership Reimbursement

Commuter Benefits

Pet Insurance

Wellness & Mental Health Programs

Charitable Donation Matching

Volunteer days off

Daily catered lunch in office

Fully stocked kitchen

Job summary

tastytrade is seeking an AML Compliance Officer to lead anti-money laundering initiatives across all products. You will develop and maintain strong AML controls, conduct risk assessments, and act as the primary liaison with regulators.

The role involves coordinating investigations, surveillance programs, and collaboration with compliance, legal, and operations teams. You should have a strong AML background in broker-dealer environments, knowledge of relevant regulations, and experience leading

Qualifications

• Bachelor's degree in finance, business, or related field; CAMS preferred.
• Extensive AML compliance experience in broker-dealer, futures, and related entities.
• Deep knowledge of BSA, PATRIOT Act, CFTC, NFA, FINRA AML rules.
• Strong analytical and investigative skills to identify and mitigate AML risks.
• Lead CDD/EDD and customer risk rating initiatives.
• Collaborate with regulatory authorities, auditors, and internal teams.

Responsibilities

• Develop, implement, and maintain AML policies, procedures, and controls.
• Conduct AML risk assessments and mitigations.
• Act as primary point of contact for regulators and law enforcement.
• Oversee enterprise compliance functions and relationships with regulators.
• Investigate flagged transactions and coordinate with internal teams.
• Surveil customer cashiering, trade surveillance, and KYT requirements.
• Improve AML monitoring coverage and analytics.

Skills

AML compliance

KYC/CDD/EDD

Regulatory knowledge

Investigations

Risk assessment

Reporting & recordkeeping

Stakeholder liaison

Leadership

Education

Finance degree

CAMS preferred

Job description

Department: Compliance

Reports To: Chief Compliance Officer, Tastytrade

Employment Type: Full-Time

Salary: $120,000-$180,000

Asan AML Compliance Officer ("AMLCO"), you will play a critical role in ensuring compliance with anti-money laundering regulations, policies, and procedures. Your primary responsibility will be to identify, prevent, and report potential instances of money laundering, terrorist financing, and other financial crimes within the organization, across all tasty products, including but not limited to, equities, options, futures, crypto and event contracts. You will work closely with various internal teams to implement effective AML controls, conduct investigations, and maintain a strong regulatory standing. This position requires a deep understanding of AML laws and regulations specific to broker-dealer, futures commission merchant, swap firm, and introducing broker operations, as well as strong analytical and problem-solving skills.

What You’ll Do:

• Develop, implement, and maintain comprehensive AML policies, procedures, and controls that align with regulatory requirements (FINRA, SEC, CFTC, and NFA) and industry best practices.
• Conduct regular AML risk assessments to identify and mitigate potential AML/Sanctions risks associated with products, services, and customer base.
• Act as the primary point of contact for regulatory authorities, auditors, and law enforcement requests, managing all inquiries, examinations, and reporting obligations related to AML compliance.
• Provide oversight and guidance over the enterprise compliance function.
• Establish and maintain relationships with industry Peers, Partners, and Regulators to foster a collaborative approach to compliance.
• Conduct thorough investigations into flagged transactions or activities, collaborating with internal teams such as compliance, legal, and operations to gather necessary information and evidence.
• Responsible for customer cashiering activity surveillance, trade surveillance programs, and KYT requirements.
• Tune and continuously improve monitoring coverage regarding AML Systems, Reporting and Analytics, including for AML transaction monitoring systems.
• Stay updated on relevant AML laws, regulations, and industry trends, and proactively assess the impact of any changes on the firm's AML program, recommending necessary updates to policies and procedures.
• Lead CDD, EDD, and Customer Risk rating efforts.
• Keep accurate records and documentation of AML activities, investigations, and reporting, ensuring adherence to recordkeeping requirements.
• Prepare and oversee Suspicious Activity Reporting, 314(a), and 314(b)
• Engage routinely with Account and Banking Operations, Fraud, Legal, Audit, Engineering, Data Analytics, and other business lines

Who You Are:

• Bachelor's degree in finance, business administration, or a related field. Advanced degrees or professional certifications (e.g., CAMS - Certified Anti-Money Laundering Specialist) are highly desirable.
• Extensive experience in AML compliance within a broker-dealer firm, with a comprehensive understanding of KYC, CDD, EDD, Sanctions/OFAC, AML laws, regulations, and best practices specific to the industry.
• Solid knowledge of relevant regulatory frameworks, including the Bank Secrecy Act (BSA), USA PATRIOT Act, CFTC, NFA, FINRA AML rules, and other applicable regulations.
• Strong analytical and investigative skills, with the ability to identify suspicious patterns, conduct detailed investigations, and make sound judgments based on available information.
• Excellent written and verbal communication skills, with the ability to effectively interact with internal stakeholders, regulatory authorities, and external parties.
• Detail-oriented mindset, with exceptional organizational and time management skills to handle multiple priorities and meet deadlines.
• Collaborative and team-oriented approach, capable of working with cross-functional teams and building strong relationships across the organization.

Licensing:

• Required: Series 3, Series 4, Series 7, Series 24, and Series 63
• Preferred: CAMS certification

Company Perks + Benefits:

• Performance Bonuses
• Stock Purchase Options
• Medical/Vision/Dental Benefits
• 401k Plan
• 20 Paid Vacation Days (plus an additional paid vacation day the month of your birthday!)
• 10 Paid Sick Days
• Gym Membership Reimbursement
• Commuter Benefits
• Pet Insurance
• Wellness & Mental Health Programs
• Charitable Donation Matching
• Two Paid Volunteer Days Off
• Daily catered lunch when in the office
• Full kitchen with snacks and beverages
• In-building gym
• Shuttle to/from Metra
• Discretionary Performance Bonus: 15-20% of base salary based on individual and company performance.

About IGNA + tastyIG North America is home to tastytrade, tastylive, and tastyfx—a family of brands built to democratize trading and empower individual investors. Founded in Chicago by the creators of thinkorswim, acquired by London-based IG Group in 2021, we combine startup innovation with the backing of a FTSE 100 fintech operating across five continents serving over 1.3m customers and handling billions of dollars in transactions – built on scale, trust, and proof.

From our headquarters in Chicago's Fulton Market, our team builds award-winning trading platforms, produces live financial education content daily, and creates technology that makes complex markets accessible. tastytrade is our retail brokerage for self-directed investing and trading, with tastylive providing content to educate our customers. tastyfx is the fastest-growing forex broker in the US.

We're a lean, collaborative team that values autonomy, pragmatism, and impact. Whether you're building technology, creating content, serving customers, or supporting operations, you'll work alongside people who are passionate about disrupting traditional finance and genuinely care about helping traders succeed. Our culture rewards initiative, embraces experimentation, and measures success by the value we create for our users. The bar is high – bring a curious and forward-thinking mindset and we'll give you the platform to define what comes next. Join us at IG|tasty – the future gets built here.

Location: Our office is in the West Loop - Chicago's growing center of tech, great cuisine, and high-end bars.

tastytrade | tasty live | tastyfx 1330 W Fulton Market, Chicago, IL 60607

*Don't meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they have every single qualification. Our team is dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role, but your experience doesn’t align perfectly, we encourage you to apply anyway. You may be just the right candidate for this or other roles!