Role in brief
Alpaca is seeking an AML/Compliance Analyst to enhance compliance operations for their digital asset platform. This role is suitable for candidates with experience in AML and transaction monitoring, particularly within the cryptocurrency sector.
About the role
In this role, you will be responsible for monitoring transactions, investigating suspicious activities, and ensuring compliance with AML regulations in the cryptocurrency space. Your work will involve using blockchain analytics tools to trace cryptocurrency flows and assess risks associated with digital assets.
As part of a global team, you will collaborate with various departments to integrate compliance controls into Alpaca's API ecosystem. Success in this position means effectively identifying risks and contributing to a robust compliance framework that supports Alpaca's mission of opening financial services to everyone.
The salary range for this position is between $68,000 and $112,000, reflecting the candidate's experience and expertise.
Skills that matter here
- Transaction Monitoring: You will perform daily reviews of transaction alerts to identify unusual activities.
- Blockchain Forensics: This role utilizes tools like Chainalysis and Elliptic to analyze blockchain transactions.
- KYC: You will assist with Know Your Customer reviews and Enhanced Due Diligence.
- Analytical Skills: Strong analytical skills are essential for investigating complex financial data.
- Regulatory Grasp: A solid understanding of BSA/AML regulations and FinCEN guidance is required.
- Tools: Hands-on experience with blockchain analytics tools is necessary for success.
Who this role suits
- You have a background in AML and compliance, preferably in the cryptocurrency sector.
- You are self-motivated and thrive in a fast-paced remote work environment.
- You possess strong analytical skills and can write clear investigative narratives.
- You are comfortable collaborating across teams to integrate compliance measures.
From the employer
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 Need (Qualifications):
- 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.
How We Take Care of You:
- 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
Alpaca is proud to be an equal opportunity workplace dedicated to pursuing and hiring a diverse workforce.
Questions about this role
Is this position remote?
Yes, this is a fully remote position.
What level of experience is required?
Candidates should have 2-5 years of experience in AML or transaction monitoring.
How do I apply for this role?
You can apply through the Alpaca website at https://alpaca.markets.
✓ Drop your CV once, then continue to the employer's application form. Your profile stays here for every recruiter hiring on web3vacancy.