Senior Fraud Analyst – Fraud Investigations & Financial Crimes Monitoring

About the Position

Senior Fraud Analyst – Fraud Investigations & Financial Crimes Monitoring

Remote - North America

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About the Company

Alpaca is a US-headquartered, global leader in agent-first brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more. Among 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, totaling over 10 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 $400 million in funding from top-tier global investors including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Opera Tech Ventures, SBI Group, Derayah Financial, Unbound, Peak XV, Elefund, and Y Combinator.

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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

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Requirements

• 5+ 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 suspicious trading activity
• 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

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We Offer

• 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

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Alpaca is proud to be an equal opportunity workplace dedicated to pursuing and hiring a diverse workforce.