Job Description
Department: Compliance
Reports To: Chief Compliance Officer, Tastytrade
Employment Type: Full-Time
Salary: $120,000-$180,000
As an AML Compliance Officer (“AMLCO”), you will play a critical role in
ensuring compliance with anti-money laundering regulations, policies, and
procedures. Your primary responsibility will be to identify, prevent, and report
potential instances of money laundering, terrorist financing, and other
financial crimes within the organization, across all tasty products, including
but not limited to, equities, options, futures, crypto and event contracts. You
will work closely with various internal teams to implement effective AML
controls, conduct investigations, and maintain a strong regulatory standing.
This position requires a deep understanding of AML laws and regulations specific
to broker-dealer, futures commission merchant, swap firm, and introducing broker
operations, as well as strong analytical and problem-solving skills.
What You’ll Do:
* Develop, implement, and maintain comprehensive AML policies, procedures, and
controls that align with regulatory requirements (FINRA, SEC, CFTC, and NFA)
and industry best practices.
* Conduct regular AML risk assessments to identify and mitigate potential
AML/Sanctions risks associated with products, services, and customer base.
* Act as the primary point of contact for regulatory authorities, auditors, and
law enforcement requests, managing all inquiries, examinations, and reporting
obligations related to AML compliance.
- Provide oversight and guidance over the enterprise compliance function.
- Establish and maintain relationships with industry Peers, Partners, and
Regulators to foster a collaborative approach to compliance.
* Conduct thorough investigations into flagged transactions or activities,
collaborating with internal teams such as compliance, legal, and operations
to gather necessary information and evidence.
* Responsible for customer cashiering activity surveillance, trade surveillance
programs, and KYT requirements.
* Tune and continuously improve monitoring coverage regarding AML Systems,
Reporting and Analytics, including for AML transaction monitoring systems.
* Stay updated on relevant AML laws, regulations, and industry trends, and
proactively assess the impact of any changes on the firm's AML program,
recommending necessary updates to policies and procedures.
- Lead CDD, EDD, and Customer Risk rating efforts.
- Keep accurate records and documentation of AML activities, investigations,
and reporting, ensuring adherence to recordkeeping requirements.
- Prepare and oversee Suspicious Activity Reporting, 314(a), and 314(b)
- Engage routinely with Account and Banking Operations, Fraud, Legal, Audit,
Engineering, Data Analytics, and other business lines
Who You Are:
* Bachelor's degree in finance, business administration, or a related field.
Advanced degrees or professional certifications (e.g., CAMS - Certified
Anti-Money Laundering Specialist) are highly desirable.
* Extensive experience in AML compliance within a broker-dealer firm, with a
comprehensive understanding of KYC, CDD, EDD, Sanctions/OFAC, AML laws,
regulations, and best practices specific to the industry.
* Solid knowledge of relevant regulatory frameworks, including the Bank Secrecy
Act (BSA), USA PATRIOT Act, CFTC, NFA, FINRA AML rules, and other applicable
regulations.
* Strong analytical and investigative skills, with the ability to identify
suspicious patterns, conduct detailed investigations, and make sound
judgments based on available information.
* Excellent written and verbal communication skills, with the ability to
effectively interact with internal stakeholders, regulatory authorities, and
external parties.
* Detail-oriented mindset, with exceptional organizational and time management
skills to handle multiple priorities and meet deadlines.
* Collaborative and team-oriented approach, capable of working with
cross-functional teams and building strong relationships across the
organization.
Licensing:
- Required: Series 3, Series 4, Series 7, Series 24, and Series 63
- Preferred: CAMS certification
Company Perks + Benefits:
- Performance Bonuses
- Stock Purchase Options
- Medical/Vision/Dental Benefits
- 401k Plan
- 20 Paid Vacation Days (plus an additional paid vacation day the month of your
birthday!)
- 10 Paid Sick Days
- Gym Membership Reimbursement
- Commuter Benefits
- Pet Insurance
- Wellness & Mental Health Programs
- Charitable Donation Matching
- Two Paid Volunteer Days Off
- Daily catered lunch when in the office
- Full kitchen with snacks and beverages
- In-building gym
- Shuttle to/from Metra
Discretionary Performance Bonus: 15-20% of base salary based on individual and
company performance.
About IGNA + tasty
IG North America is home to tastytrade, tastylive, and tastyfx—a family of
brands built to democratize trading and empower individual investors. Founded in
Chicago by the creators of thinkorswim, acquired by London-based IG Group in
2021, we combine startup innovation with the backing of a FTSE 100 fintech
operating across five continents serving over 1.3m customers and handling
billions of dollars in transactions – built on scale, trust, and proof.
From our headquarters in Chicago's Fulton Market, our team builds award-winning
trading platforms, produces live financial education content daily, and creates
technology that makes complex markets accessible. tastytrade is our retail
brokerage for self-directed investing and trading, with tastylive providing
content to educate our customers. tastyfx is the fastest-growing forex broker in
the US.
We're a lean, collaborative team that values autonomy, pragmatism, and impact.
Whether you're building technology, creating content, serving customers, or
supporting operations, you'll work alongside people who are passionate about
disrupting traditional finance and genuinely care about helping traders succeed.
Our culture rewards initiative, embraces experimentation, and measures success
by the value we create for our users. The bar is high – bring a curious and
forward-thinking mindset and we'll give you the platform to define what comes
next. Join us at IG|tasty – the future gets built here.
Location: Our office is in the West Loop - Chicago's growing center of tech,
great cuisine, and high-end bars.
tastytrade [ | tastylive [ |
tastyfx [
1330 W Fulton Market, Chicago, IL 60607
*Don't meet every single requirement? Studies have shown that women and people
of color are less likely to apply to jobs unless they have every single
qualification. Our team is dedicated to building a diverse, inclusive, and
authentic workplace, so if you’re excited about this role, but your experience
doesn’t align perfectly, we encourage you to apply anyway. You may be just the
right candidate for this or other roles!
Job Tags
Full time, Work at office