AML Compliance Analyst

Who We Are: Alpaca is a US-headquartered, global leader in agent-first brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more. 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 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. Our Team Members: We're a dynamic team of 400+ 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's global Financial Crimes team and help safeguard the integrity of our customers and the financial markets. In this role, you will support Alpaca Securities' BSA/AML, sanctions, anti-fraud, and securities surveillance programs. You will investigate potentially suspicious activity, prepare SAR recommendations and narratives, and help strengthen scalable, risk-based compliance controls. This position reports to the AML Manager for Securities & Crypto or the AMLCO's designee. Because the role supports U.S. based operations, the individual must be able to maintain meaningful working-hour overlap with U.S. Eastern Time. Things You Get To Do: Collaborate with globally-distributed teams to implement and strengthen the firm’s Financial Crimes program and identify risks across CIP/KYC, AML, Anti-Fraud, and Fraud Monitoring initiatives. Investigate potentially suspicious activity through transaction monitoring alerts, escalations, and referrals. Ensure that transaction monitoring alerts, regulatory submissions, and case investigations are completed/submitted within the established deadlines and SLAs. Screen individuals, entities, and transactions to assess potential matches against OFAC, global sanctions, PEP, enforcement, and adverse media watchlists. Review and respond to time-sensitive escalations, FinCEN 314(a) and 314(b) requests, law enforcement queries, and other regulatory inquiries. Support ongoing enhancements to transaction monitoring rules, policies, procedures, controls, and risk frameworks. Maintain audit trails with thorough, defensible documentation of investigations, alert dispositions, and compliance decisions. Proactively identify and escalate critical risks, emerging trends, and compliance gaps to management. Prepare clear, accurate, and timely SAR recommendations and narratives for management review, and support the filing of approved SARs with FinCEN. Partner with internal stakeholders and assist during risk assessments, remediation efforts, external audits, examinations, and regulatory engagements. Maintain strong knowledge of regulatory developments, financial crime typologies and red flags, trading behaviors, and regulatory expectations applicable to Alpaca’s business. Conduct comprehensive CIP/KYC, CDD, and EDD reviews to identify, manage, and mitigate customer and firm-wide risk. Evaluate sourc…