AML Associate

Posted Yesterday
2 Locations
Remote
Entry level
Sports
The Role
As an AML Associate, you'll monitor user transactions for suspicious behavior, conduct due diligence on users, stay updated on AML regulations, report suspicious activities, assist in implementing AML policies, and perform KYC analyses. This role collaborates with various teams to ensure compliance and promote responsible gaming.
Summary Generated by Built In
Hi, we’re Underdog!

We’re the fastest-growing sports gaming company ever.

We build innovative games and products for American sports fans.

Founded in 2020, our team built four of today’s most widely played fantasy games and recently launched our Underdog Sportsbook. We are the only sportsbook to ever launch on our own home grown technology, which allows us to build different and innovative experiences. We believe there’s so much more to be built for sports fans, and we’ll continue to win by building the best products and experiences for our customers.

The opportunity in front of us to become the biggest company in our space is massive; after all, we’re currently sitting in the fastest-growing consumer industry in the U.S. In just over two years, we reached a nearly $500 million valuation through some of the best investors in the game, including Mark Cuban, Kevin Durant, BlackRock, and SV Angel. We are many times larger now and our growth is not slowing down.

At Underdog, we believe that sports are for everyone and are building a tomorrow for every fan. Want to help create that future? Join us.

About the role and why it’s unique:

  • 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

Who you are:

  • 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

Even better if you have:

  • Professional certifications in AML


Our target starting base salary range for this position is between $70,000 and $85,000, plus target equity. The starting base salary will depend on a number of factors including the candidate’s skills and experience, among other things.

What we can offer you:

  • 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

#LI-REMOTE

This position may require sports betting licensure based on certain state regulations.

Underdog is an equal opportunity employer and doesn't discriminate on the basis of creed, race, sexual orientation, gender, age, disability status, or any other defining characteristic.

The Company
HQ: Brooklyn, NY
120 Employees
Hybrid Workplace
Year Founded: 2020

What We Do

Underdog Fantasy is one of the fastest-growing sports companies on the market. Founded by a team of industry veterans, Underdog is bringing fun, approachable contests and games to the masses. We’re looking to innovate an already exciting space and provide the best possible experience to our enthusiastic users.

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