Senior Fraud Analyst – Fraud Investigations & Financial Crimes Monitoring

About the role

This Senior Fraud Analyst role focuses on protecting financial markets by conducting in-depth investigations into suspicious activities. The work involves analyzing potential securities fraud, account manipulation, and other financial crimes identified through monitoring alerts and referrals. A key part of the role is preparing and filing Suspicious Activity Reports (SARs) in line with FinCEN requirements, and responding to various regulatory inquiries.

The analyst will collaborate with the Anti-Money Laundering Compliance Officer to enhance investigative procedures across several areas, including customer identification, anti-money laundering, and anti-fraud initiatives. This position also requires maintaining and updating risk assessments for BSA/AML, sanctions, fraud, and securities surveillance programs, ensuring the firm remains compliant with evolving regulatory landscapes.

Success in this position means effectively partnering with internal teams like trading and operations to align with compliance protocols. It also involves staying current with regulatory developments, particularly those related to the Bank Secrecy Act, USA PATRIOT Act, and SEC/FINRA rules. The analyst will contribute to developing and refining policies, monitoring controls, and compliance reporting mechanisms, and will assist during external audits and regulatory engagements.

The salary for this role ranges from $82,000 to $138,000 annually.

Skills that matter here

• BSA/AML: This role requires a strong understanding of Bank Secrecy Act and Anti-Money Laundering regulations to ensure compliance and conduct investigations.
• USA PATRIOT Act: The analyst must stay informed about the USA PATRIOT Act to address regulatory developments and ensure adherence in financial crime monitoring.
• SEC/FINRA regulations: Knowledge of SEC/FINRA regulations is crucial for investigating securities fraud and maintaining compliance in brokerage operations.
• transaction monitoring: The role involves using transaction monitoring systems to identify and investigate potentially suspicious financial activities.
• SAR filing: Preparing, documenting, and filing Suspicious Activity Reports (SARs) according to FinCEN requirements is a core responsibility.
• analytical skills: Strong analytical skills are essential for conducting in-depth investigations and interpreting complex financial data.

Who this role suits

• A person with at least five years of experience in financial crime investigations, including AML, fraud, or securities fraud.
• Someone who possesses a strong grasp of U.S. regulatory requirements, such as BSA/AML and SEC/FINRA rules.
• An individual adept at identifying and escalating potential market manipulation or suspicious trading activity.
• A professional who is proficient in using transaction monitoring systems and case management tools, with strong documentation abilities.

From the employer

• 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

• 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

• 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.