Crypto AML Program Manager

Who We Are: Alpaca is a US-headquartered self-clearing broker-dealer and brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more. Our recent Series D funding round [https://alpaca.markets/blog/alpaca-raises-150-million-at-a-1-15b-valuation-to-build-the-global-standard-for-brokerage-infrastructure/] brought our total investment to over $320 million, fueling our ambitious vision. 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 9 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 top-tier global investors, including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Unbound, SBI Group, Derayah Financial, Elefund, and Y Combinator.   Our Team Members: We're a dynamic team of 380+ 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: Alpaca is seeking a Trade Surveillance Analyst to join the Financial Crimes Department and support the firm’s market-integrity, financial-crime, and compliance surveillance program. This role will be responsible for monitoring trading activity, reviewing alerts, investigating suspicious or potentially manipulative trading behavior, and escalating matters that may involve market abuse, fraud, insider trading, wash trading, spoofing, layering, front-running, information-barrier concerns, or other suspicious trading patterns. The analyst will use Surveyor by Trillium and Alpaca’s internal systems to conduct near real-time and post-trade reviews, identify anomalies, document investigative findings, and support internal escalations, regulatory inquiries, and matters that may require suspicious-activity reporting. The role combines strong investigative judgment, trade-surveillance expertise, AML & Fraud awareness, and the ability to operate in a fast-paced, technology-driven trading environment. THINGS YOU GET TO DO: * Development, review, and test trade-surveillance scenarios, alert logic, escalation procedures, and control documentation * Make sure procedures and processes are well documented, and distributed to all stakeholders. Ensuring updates are properly accounted for as needed but no less than once per year * Monitor trading activity using Surveyor and Alpaca’s internal systems to identify potential market abuse, suspicious trading, unusual order behavior, and other conduct risks * Review and investigate trade-surveillance alerts involving potential spoofing, layering, wash trading, front-running, insider trading, manipulative order activity, information-barrier issues, or other suspicious trading patterns * Analyze trading activity in the context of market events, client behavior, account activity, transaction patterns, and relevant internal information to determine whether activity is reasonable, unusual, or suspicious * Conduct real-time and post-trade reviews to detect anomalies, assess risk, and determine whether escalation is appropriate * Clearly document surveillance reviews, investigative steps, evidence reviewed, rationale, conclusions, and recommended next actions * Escalate suspicious or high-risk matters to AML leadership, Compliance, Legal, Risk, and other appropriate internal stakeholders * Coordinate with the AML Department on trading-related investigations, including matters that may require suspicious-activity review or SAR consideration * Support KYC/AML and transaction-monitoring processes by identifying trading behavior that may indicate financial-crime risk, account misuse, fraud, market manipulation, or other suspicious activity * Respond to internal escalations involving trading activity, account behavior, customer activity, or potential violations of firm policy * Assist with regulatory inquiries, audit requests, internal reviews, and other examinations related to trade surveillance, AML, and market-integrity controls * Partner with Compliance, Legal, Risk, Technology, Operations, and business stakeholders to strengthen Alpaca’s surveillance framework and improve investigation workflows * Identify emerging surveillance risks, suspicious-trading typologies, control gaps, and opportunities to improve the quality and effectiveness of the trade-surveillance program * Prepare clear summaries, metrics, and management reporting related to trade-surveillance activity, alert trends, escalations, and investigation outcomes * Maintain strong knowledge of relevant market-abuse risks, AML red flags, trading behaviors, and regulatory expectations applicable to Alpaca’s business WHO YOU ARE (MUST-HAVES): * 5+ years of experience in Fintech trade surveillance, AML investigations, transaction monitoring, financial-crime compliance, brokerage compliance, market surveillance, risk, investigations, or a related control function * Experience working at a broker-dealer, fintech, trading platform, exchange, introducing broker, clearing firm, market maker, proprietary trading firm, crypto trading or other regulated financial institution * Strong understanding of trading activity, order behavior, market structure, customer activity, and potential indicators of market manipulation or suspicious activity * Familiarity with market-abuse typologies, including spoofing, layering, wash trading, front-running, insider trading, unusual price or volume activity, and manipulative order behavior * Ability to review trading data, identify behavioral patterns, investigate exceptions, and form well-supported conclusions * Experience documenting investigations in a clear, concise, and audit-ready manner * Strong analytical skills, sound judgment, attention to detail, and ability to prioritize multiple reviews or investigations * High integrity, discretion, and ability to handle confidential information appropriately * Strong written and verbal communication skills, including the ability to explain complex trading activity to AML, Compliance, Legal, Risk, Technology, and business stakeholders * Ability to work independently while collaborating across teams in a fast-paced environment * FINRA Series 7 license  WHO YOU MIGHT BE (NICE-TO-HAVES): * Experience using Surveyor by Trillium for trade surveillance, alert review, investigation, or escalation workflows * FINRA Series 24   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. Recruitment Privacy Policy [https://files.alpaca.markets/disclosures/AlpacaRecruitmentPrivacyPolicy.pdf]

About us: Founded in 2015, B2C2 is a global leader for institutional liquidity within digital assets. We bring 24/7 365 days a year deep, reliable pricing for spot, futures, options, CFDs, and NDFs across all market conditions. Our growing team has deep expertise across pricing, structuring, risk, systems, and regulation. B2C2 bridges the gap between traditional financial and digital assets, and is relied upon by brokerages, exchanges, banks, fund managers, and other institutions to provide 24/7 liquidity. Headquartered in London, with global offices in Paris, Jersey City, Tokyo, Singapore, and Luxembourg, our fast-growing team has expertise in traditional financial and crypto markets. We pride ourselves on our company culture and ability to attract not only the top talent but the right people. If you are looking for a role in an exciting new industry, at a dynamic company please keep reading.   About the role:   As B2C2 continues its rapid growth across global markets, we are seeking an execution-focused senior compliance leader to strengthen regulatory engagement discipline, drive operational rigor across core compliance programs, and ensure structured delivery in a fast-evolving supervisory environment. This individual will serve as a key leader in the U.S. Compliance function – driving team performance, strengthening regulatory relationships, engaging with key external relationships, and enhancing our ability to operate at a pace in a fast-evolving regulatory landscape. You will become a main point of contact for new regulations and existing ones, as well as helping the team to design and implement the best in practice controls, policies, procedures, and thought leadership in the industry.  This role offers the opportunity to operate with significant responsibility and visibility across the Legal & Compliance Division, with scope to take on broader leadership responsibilities as the firm continues to scale its regulatory footprint. Core Duties and Responsibilities: * Point of contact, develop and implement the global compliance programs, including Know Your Customer (KYC), Anti-Money Laundering (AML), trade surveillance, sanctions for our growing US business. * Advise and implement enhancements to B2C2’s Compliance Program, including oversight of policies and procedures  * Strengthen and maintain the compliance framework and governance through the development and implementation of B2C2’s policies and procedures. * Own coordination, drafting, internal review workflow, and delivery of regulatory responses, examinations, audits, and supervisory engagements, ensuring clarity of scope, executive alignment, and disciplined communication. * Provide day-to-day leadership across the Americas compliance team, and on assigned global committees as needed, setting clear performance standards, accountability expectations, and delivery milestones. * Implement structured tracking of regulatory initiatives, remediation efforts, and supervisory commitments. * Manage and address any conflicts of interest that may arise. Regulatory Program Leadership * Serve as a senior point of contact for U.S. regulatory bodies, including NYDFS, FinCEN, SEC, CFTC, and state regulators, and be capable of stepping in on global matters if needed. * Ability to lead day-to-day execution and enhancement of core compliance programs, including: * Know Your Customer (KYC) / Customer Due Diligence (CDD) * Anti-Money Laundering (AML) * Sanctions compliance * Transaction monitoring and trade surveillance * Develop and maintain scalable compliance frameworks, ensuring readiness for new regulatory regimes (e.g., stablecoin oversight, digital asset licensing requirements). Team Development & Leadership * Lead day-to-day execution of key compliance initiatives across the Americas compliance team and support performance management and development of team members. * Own coordination, drafting, and internal approval workflow for regulatory responses, ensuring clarity of scope, accountability, and executive alignment prior to submission. * Drive execution discipline across regulatory initiatives, audits, and licensing efforts. * Drive a culture of accountability, performance, and empowerment. * Set and track team goals aligned to business priorities and regulatory milestones. This role will serve as a key execution partner to the CCO Americas and the Global Chief Legal Officer in strengthening the firm’s U.S. regulatory governance framework.  Cross-Functional Execution * Collaborate effectively with/in the Legal and Compliance Division, Risk, Operations, Trading, Sales, and Technology to ensure compliance is embedded into product and operational design. * Establish clear escalation pathways for regulatory risk matters to senior management and the Global Chief Legal Officer, ensuring transparency and timely decision-making. * Serve as a key stakeholder in regulatory change initiatives and licensing efforts. * Contribute to the global compliance strategy and help align the Americas function with broader LCD and business goals.  External & Internal Communications * Represent the firm in supervisory interactions with confidence, clarity, and preparation; lead structured regulator meetings with defined agendas, objectives, and documented follow-up. * Lead responses to regulatory inquiries, exams, and audits. Draft and present policies, memos, and regulatory position papers to internal and external stakeholders. Required Skills and experience: * 5+ years compliance and/or legal experience in the financial services industry.  * Must possess a robust understanding and experience within a digital assets or trading firm. * Ability to manage teams and deliver results in dynamic, high-pressure environments * Experience operating in highly regulated financial institutions where regulator engagement discipline and governance frameworks are critical. * Demonstrated experience leading regulatory examinations or supervisory inquiries in a primary coordination role. * In-depth knowledge of the local regulatory landscape as this person will be leading interactions with regulators. * Demonstrated ability to structure ambiguous regulatory inquiries into clear action plans with defined ownership and timelines. * A strong ability to work and thrive in a fast-paced, start-up environment operating in an uncharted regulatory environment. * A record of success influencing key decision makers through a combination of knowledge, reasoning, and relationships. * Comfortable operating with senior executive visibility and accountability. * Exceptional communication skills, as you will be working collaboratively across various teams, including ExCo, Legal, Operations, Risk and Audit. * An ability to quickly synthesize information, make decisions and respond to shifts in priorities. WHAT WE’RE LOOKING FOR * Execution-oriented mindset: You get things done and bring others along with you. * Strong leadership presence: You know how to manage a team, provide direction, and hold others accountable with clarity and professionalism. * Operational discipline: Ability to translate regulatory obligations into structured execution plans with clear ownership and deadlines. * Collaborative operator: You work fluidly across teams, communicate clearly, and can both support and challenge stakeholders constructively. * Adaptability: You’re comfortable navigating ambiguity and shaping structure in a fast-evolving regulatory and business environment. * Integrity and sound judgment: You act as a trusted steward of risk and reputation. A strong culture is a common denominator among the most successful companies and B2C2 is proud to be a values-based company.   * Ambitious - Striving to make history through world class achievements * Innovative - Forward looking in our solutions for clients and employees * Meritocratic - Rewarding positive contribution across the organisation * Collegiate - Achieving through teamwork through a healthy environment * Risk Aware – Informed decision making and considered in our practices   Equal Employment Opportunities Policy:   B2C2 is committed to a policy of equal employment opportunity for applicants and employees and we welcome applicants from all backgrounds. It is the policy of B2C2 to apply recruiting, hiring, training, promotion, compensation and professional development practices without regard to actual or perceived race, colour, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, age, disability or certain classifications based on genetic information, or because someone is married or in a civil partnership or any other characteristic protected by federal, state or local laws, regulations or ordinances. As such, B2C2 will not tolerate discrimination against any of our employees on the basis of membership in a protected category. We are also committed to creating an inclusive environment to ensure we attract, engage, promote and retain the best talent. We will consider flexible working arrangements for any of our roles.