Trade Surveillance Analyst 1 — Financial Crimes Department
Alpaca is a brokerage infrastructure company providing developer APIs for stocks, options, fixed income, and crypto trading, plus tokenization infrastructure for TradFi–DeFi markets.
Funding history
Investors
About Alpaca
Alpaca provides API-first brokerage infrastructure for fintechs, institutions, algorithmic traders, and developers. Its offerings include Broker API, Trading API, market data, self-clearing brokerage services, crypto services, and the Instant Tokenization Network for in-kind minting and redemption of tokenized assets.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
Join Alpaca's Financial Crimes Department to support its market-integrity, financial-crime, and compliance surveillance program through trade monitoring, alert investigation, risk escalation, regulatory support, and surveillance framework improvement.
Requirements
- 5+ years of experience in trade surveillance, AML investigations, transaction monitoring, financial-crime compliance, brokerage compliance, market surveillance, risk, investigations, or a related control function
- Experience at a broker-dealer, fintech, trading platform, exchange, introducing broker, clearing firm, market maker, proprietary trading firm, crypto trading firm, or other regulated financial institution
- Strong understanding of trading activity, order behavior, market structure, and manipulation indicators
- Familiarity with spoofing, layering, wash trading, front-running, insider trading, and manipulative order behavior
- Ability to review trading data, identify patterns, investigate exceptions, and form well-supported conclusions
- Experience documenting investigations clearly and in an audit-ready manner
- Strong analytical skills, judgment, attention to detail, and prioritization ability
- High integrity, discretion, and ability to handle confidential information
- Strong written and verbal communication skills
- Ability to work independently and collaborate across teams
- FINRA Series 7 license
- Experience with Surveyor by Trillium is a nice-to-have
- FINRA Series 24 is a nice-to-have
Responsibilities
- Develop, review, and test trade-surveillance scenarios, alert logic, escalation procedures, and control documentation
- Document and distribute procedures and processes, ensuring updates at least annually
- Monitor trading activity using Surveyor and internal systems to identify market abuse and suspicious trading
- Review and investigate alerts involving spoofing, layering, wash trading, front-running, insider trading, and other suspicious patterns
- Analyze trading activity in the context of market events, client behavior, account activity, and transaction patterns
- Conduct real-time and post-trade reviews to detect anomalies and assess risk
- Document investigative steps, evidence, rationale, conclusions, and recommended next actions
- Escalate suspicious or high-risk matters to AML leadership, Compliance, Legal, Risk, and other stakeholders
- Coordinate with AML on trading-related investigations and SAR considerations
- Support KYC/AML and transaction-monitoring processes
- Respond to internal escalations involving trading activity and policy violations
- Assist with regulatory inquiries, audit requests, and internal reviews
- Partner with cross-functional stakeholders to improve investigation workflows
- Identify emerging surveillance risks, typologies, and control gaps
- Prepare summaries, metrics, and management reporting
- Maintain knowledge of market-abuse risks, AML red flags, and regulatory expectations
Benefits
- Stock options
- Health benefits
- One-time USD $500 home-office setup stipend
- USD $150 monthly stipend via a Brex Card
