Senior Fraud Analyst - Fraud Investigations & Financial Crimes Monitoring

About the role

Join Alpaca Securities' remote Compliance team to help protect financial market integrity. You will be instrumental in supporting our programs for Anti-Money Laundering, Anti-Fraud, and Securities Fraud Monitoring. This role involves leading investigations, ensuring regulatory compliance, and contributing to a scalable compliance framework.

Key facts

What you'll do

• Assist in refining investigative procedures for customer identification, AML, fraud, and securities monitoring.
• Conduct thorough investigations into suspicious activities, including securities fraud and account manipulation, identified through monitoring alerts and escalations.
• Prepare and submit Suspicious Activity Reports (SARs) according to regulatory and internal policy requirements.
• Review and respond to sanctions screening alerts, specific regulatory requests like FinCEN 314(a) and 314(b), and other official inquiries.
• Maintain and update firm-wide risk assessments for BSA/AML, sanctions, fraud, and securities surveillance.
• Collaborate with internal departments and support external audits and regulatory examinations.
• Provide compliance guidance to business units such as trading, operations, and customer support.
• Stay informed about regulatory changes and industry best practices related to BSA, Patriot Act, OFAC, and SEC/FINRA rules.
• Support the creation and improvement of policies, procedures, monitoring controls, and compliance reporting.
• Contribute to special projects, document investigation findings, and prepare management reports.

Requirements

• A minimum of 5 years of experience in financial crime investigations, covering AML, fraud, or securities fraud.
• A solid understanding of U.S. regulatory frameworks, including BSA/AML, USA PATRIOT Act, and SEC/FINRA regulations.
• Proven ability to detect and report potential market manipulation or suspicious trading behavior.
• Experience using transaction monitoring systems and case management software.
• Strong skills in analysis, documentation, and writing SARs.
• Effective communication and problem-solving capabilities.
• Proficiency with Google Sheets or MS Excel, including pivot tables and advanced filtering.
• Familiarity with domestic and international payment systems.

Nice to have

• Experience with blockchain and cryptocurrency fraud investigations.
• Familiarity with SQL for data analysis.

Skills & tools

• Transaction monitoring systems
• Case management tools
• Google Sheets / MS Excel (pivot tables, advanced filtering)
• SQL (preferred)

Practical notes

• Salary range: $100,000 - $140,000 per year.
• Stock options are available.
• Comprehensive health benefits are provided.
• A one-time $500 allowance for home office setup is provided.
• A monthly stipend of $150 via Brex Card is provided.
• Alpaca supports a diverse workforce and is an equal opportunity employer.
• Visa sponsorship is not available for this position.