AML Associate

Summary

Join Underdog, the fastest-growing sports gaming company, and contribute to our mission of building innovative games and products for sports fans. This role focuses on monitoring user transactions and activities to detect suspicious behavior related to money laundering or financial crimes. You will conduct thorough due diligence on users and business partners, stay updated on AML regulations, and report suspicious activities to relevant authorities. The position also involves assisting in developing AML policies, performing KYC analysis, and collaborating with the responsible gaming team. We offer a competitive salary, equity, unlimited PTO, parental leave, and comprehensive benefits.

Requirements

• Knowledge of AML regulations, financial crimes, and risk management principles
• Strong analytical skills, with the ability to interpret complex data sets
• Excellent communication and interpersonal skills to collaborate with different teams and stakeholders
• Attention to detail and the ability to maintain confidentiality in sensitive matters

Responsibilities

• Monitor user transactions and activities for any suspicious behavior that may indicate money laundering or financial crimes
• Conduct thorough due diligence on users and business partners to verify their identities and assess their risk profiles
• Stay updated on AML regulations and best practices within the fantasy and sportsbook industry
• Promptly report any suspicious activities to relevant authorities, adhering to AML protocols and guidelines
• Assist in developing and implementing effective AML policies and controls to mitigate risks
• Perform KYC and client documentation analysis in support of the approval process for new customers, along with any remediation, renewal or amendments for existing users
• Perform review of sanctions and watchlist screening alerts
• Collaborate with the RG team to promote responsible gaming practices and player protection measures

Preferred Qualifications

• Prior experience in compliance, gaming, or related fields
• Professional certifications in AML

Benefits

• Unlimited PTO (we're extremely flexible with the exception of the first few weeks before & into the NFL season)
• 16 weeks of fully paid parental leave
• A $500 home office allowance
• A connected virtual first culture with a highly engaged distributed workforce
• 5% 401k match, FSA, company paid health, dental, vision plan options for employees and dependents