AML/Compliance Analyst - Alpaca

About Alpaca

Alpaca is a US-headquartered, global leader in agent-first brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more. As a licensed financial services company, Alpaca serves hundreds of financial institutions across 40 countries with institutional-grade APIs, totaling over 10 million brokerage accounts.

Our global team of 400+ members is distributed across the USA, Canada, Japan, Hungary, Nigeria, Brazil, the UK, and beyond. We are committed to opening financial services to everyone on the planet, backed by $400 million in funding from top-tier global investors. We value curiosity, empathy, and accountability.

Your Role

As the AML/Compliance Analyst, you will partner with the Chief Compliance Officer of Alpaca Crypto LLC to support and execute anti-money laundering (AML) and compliance operations for our digital asset platform. This critical role focuses on mitigating risk, conducting transaction monitoring, and ensuring Alpaca's crypto offerings operate securely and in full accordance with regulatory standards.

The Compliance Department team is 100% distributed and remote. This role reports directly to the Chief Compliance Officer, Alpaca Crypto LLC.

Key Responsibilities

• Transaction Monitoring: Perform daily review and disposition of transaction monitoring alerts (fiat and crypto) to identify unusual or suspicious activity.
• Investigate & Report: Conduct deep-dive investigations into complex user accounts and blockchain transactions. Draft high-quality narratives and prepare/file Suspicious Activity Reports (SARs) with appropriate regulatory bodies (e.g., FinCEN).
• Blockchain Forensics: Utilize on-chain analytics tools (e.g., Chainalysis, TRM Labs, Elliptic) to trace cryptocurrency flows, identify high-risk wallet interactions, and assess illicit finance risks.
• KYC / EDD: Assist with escalated Know Your Customer (KYC) / Know Your Business (KYB) reviews, Enhanced Due Diligence (EDD), and OFAC sanctions screening.
• Rule Tuning & Optimization: Collaborate with the CCO and compliance engineering to refine and tune transaction monitoring rules, ensuring false positives are minimized while capturing actual risks.
• Cross-Functional Collaboration: Work closely with customer support, engineering, and product teams to integrate compliance controls seamlessly into the Alpaca API ecosystem.

What You'll Need

• Experience: 2–5 years of experience in AML, transaction monitoring, or financial crimes compliance within a cryptocurrency exchange, fintech, or traditional financial institution.
• Crypto Knowledge: Strong understanding of blockchain technology, digital assets, and the specific AML risks associated with the crypto ecosystem.
• Regulatory Grasp: Solid understanding of BSA/AML regulations, OFAC sanctions, and FinCEN guidance regarding virtual currency.
• Analytical Skills: Proven ability to analyze complex financial data, connect the dots across different platforms, and write clear, concise investigative narratives.
• Tools: Hands-on experience with blockchain analytics tools and traditional fiat transaction monitoring vendors.
• Autonomy: High level of self-motivation and the ability to operate effectively in a fast-paced, 100% remote startup environment.
• Bonus: Relevant industry certifications (e.g., CAMS, CGSS, or crypto-specific certifications like CCAS/Chainalysis Reactor Certification) are a strong plus.

Benefits

• 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