Director of AML Operations

Hi, we’re Underdog!

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

Our mission is to build innovative games and products for American sports fans.

Founded in 2020, our team built three of today's most widely played fantasy games and successfully launched the largest contest in the history of fantasy sports: a $15M NFL Best Ball tournament -- and there’s a lot more to come! Underdog’s modern tech environment and in-house product development allow us to continuously deliver the best experiences for our users.

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:

As Underdog’s Director of AML Operations and Money Laundering Reporting Officer (MLRO), you will play a crucial role in ensuring the organization's compliance with relevant laws and regulations aimed at preventing and detecting money laundering and other financial crimes. Your responsibilities will include implementing and maintaining effective AML programs, conducting investigations, and collaborating with various departments to mitigate risks associated with illicit financial activities.

What you’ll do:

• Perform the MLRO role independently, whilst maintaining stakeholder relationships.
• Develop, implement, and maintain an effective AML program in accordance with applicable laws and regulations.
• Ensure day to day compliance with the AML program, the BSA and its implementing regulations.
• Being responsible for designing and carrying out AML/CTF risk assessments across the company and conducting regular analysis of the AML/CTF efforts.
• Conduct regular risk assessments to identify potential vulnerabilities and implement necessary controls.
• Enhance the due diligence process to improve the assessment of risk across the board.
• Ensure compliance with KYC (Know Your Customer) and AML policies.
• Ensure timely submission of reports to regulatory authorities as required by AML regulations.
• Maintain accurate records of AML activities, investigations, and reports.
• Provide AML training to employees to enhance their understanding of AML policies and procedures.
• Stay informed about industry developments and regulatory changes to update AML programs accordingly.
• Work closely …