AML Analyst

Underdog Sports

17h • $70,000 - $75,000 • Remote

About The Position

At Underdog, we make sports more fun. Our thesis is simple: build the best products and we’ll build the biggest company in the space, because there’s so much more to be built for sports fans. We’re just over five years in, and we’re one of the fastest-growing sports companies ever, most recently valued at $1.3B. And it’s still the early days. We’ve built and scaled multiple games and products across fantasy sports, sports betting, and prediction markets, all united in one seamless, simple, easy to use, intuitive and fun app. Underdog isn’t for everyone. One of our core values is give a sht. The people who win here are the ones who care, push, and perform. If that’s you, come join us. Winning as an Underdog is more fun. About the role 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

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
• Prior experience in compliance, gaming, or related fields is a plus

Nice To Haves

• Professional certifications in AML

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

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
• Home office stipend
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed
• Number of Employees: 251-500 employees