Chief Anti-Money Laundering Officer (CAMLO) - Canada

Implement and develop Alpaca's written AML, ATF and Sanctions policies and procedures. Assess and document money laundering and terrorist financing risks, as well as measures to mitigate high-risk situations. Ensure that policies are reviewed and updated, as needed or at least annually and when there are significant changes in business operations, product offerings, or client demographics. Any recommendations to change to the program or policies must be submitted to the Chief Compliance Officer, and the Board of Directors (BOD) for approval. Report in a timely manner significant findings for violations or what may be deemed potential violations of the firm’s policy to Alpaca Canada’s, Chief Compliance Officer, and Board of Directors.

Client and Transaction Monitoring:

Implement a process to ensure that all required checks for onboarding new client accounts include a customer identification, and verification process as prescribed by regulations. Create a risk based transaction monitoring system to ensure ongoing compliance with identifying any potential red flags, and AML concerns. Design a procedure that details what is considered a high-risk person or account and how the firm will monitor such accounts and activity.

Reporting and Record-Keeping:

File all Suspicious Transaction Reports (STRs) with FINTRAC as soon as practicable and retain a copy for audit purposes. Ensure all STRs are submitted within 30 days or as needed of establishing reasonable grounds for potential suspicion activities. Complete and file all required monthly reports to the principal regulator, CIRO, concerning the suppression of terrorism legislation. Ensure that all relevant records, such as client identification documents, account opening records, and reports, are retained for a period of at least seven years, in accordance with Alpaca Canada’s policy. Work with the Chief Compliance Officer, as needed, from time to time to support, and supply reports and documentation as requested for internal and external auditors.

Training and Communication:

Be responsible for the implementation and documentation of an ongoing AML compliance training program. Ensure that all employees receive training on AML procedures, including identifying suspicious transactions, record-keeping, and reporting requirements, as well as the potential penalties for non-compliance. Deliver training to new employees before they begin dealing with new clients. Maintain a training log with details of each session, attendees, and content.

Regulatory and Internal Liaison:

Serve on the Risk, Compliance & Legal Committee to achieve and implement best practices in risk management and compliance for Alpaca Canada and its subsidiaries. Report to the Head of Global AML & Sanctions Program, CCO and UDP on compliance matters as necessary to ensure the business is conducted in compliance with AML CIRO regulations. Submit an annual report to the firm’s board of directors for assessing compliance with AML CIRO Rules and applicable securities laws. Establish an annual independent audit for Alpaca Canada’s AML program using CIRO recognized third-party auditors.

What We Look For in You (Job Requirements):

3+ years of experience as a CAMLO with a Canadian Securities Self-Clearing Financial Institution. The Ideal candidate will have knowledge of cross-border or multi-entity structure. Strong understanding of Canadian regulations with an In-depth knowledge of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), the Anti-Terrorism Act (ATA), and related Canadian and international legislation. Demonstrated the ability to lead cross-functional initiatives and translate local requirements into product and infrastructure plans. Comfortable engaging with regulators, auditors, clients, and internal stakeholders at both strategic and technical levels. Ability to conduct AML Risk assessments and implement mitigation measures. Experience with electronic reporting systems such as FINTRAC's F2R. Experience working in fintech, API-driven platforms, or high-growth financial services environments is a plus. Bachelor’s degree in Finance, Business, Law, Financial Crimes, Forensic Investigation or a related field. Strong communication skills and ability to influence across organizational levels. High ethical standards and a commitment to maintaining confidentiality. 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

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