Onboarding (Underwriting) Compliance Specialist

Company Description We are SkillOnNet, leading the igaming entertainment by providing our customers with the most entertaining and trustworthy experience possible, while also reinventing the gambling industry. We are home to more than 30 well-known brands, including PlayOJO, DruckGluck, BacanaPlay, Genting, and many more. We are committed to long-term development and sustainability, and we are trying to revolutionise our industry for the benefit of our players, ourselves, and the entertainment industry as a whole. Job Description We are seeking a detail-oriented and experienced Onboarding Compliance (Underwriting) Specialist to join our Legal team. In this role, you will be responsible for conducting and managing all Know Your Customer (KYC) and compliance checks of our Group. You will possess a strong background in regulatory compliance, risk management, and partner due diligence. You will ensure that the Group and all partners meet our compliance standards and adhere to relevant legal and regulatory frameworks. Responsibilities include: KYC/Due Diligence: • Conduct comprehensive KYC checks on potential and existing partners, ensuring all required documents are collected, verified, and compliant with regulatory standards. • Perform risk assessments based on KYC data and make recommendations on partnership approvals or escalations when necessary. • Collecting, certifying and properly storing all required documents in compliance with regulatory standards and sharing them with our external partners while maintaining deadlines of different priorities. Compliance Monitoring: • Ensure ongoing compliance with local and international regulatory requirements, including AML, CTF, FATCA, OFAC, and other financial regulations. • Monitor partner activities for any red flags or suspicious activities and escalate issues where appropriate. Partner Onboarding: • Lead the compliance review during the onboarding process of new partners, including the verification of identity, business structure, ownership, and financial standing. • Ensure that all onboarding documentation is in line with company policies and industry regulations. Regulatory Reporting: • Prepare and submit regulatory reports (e.g., KYC risk assessments) in a timely and accurate manner. • Maintain an up-to-date understanding of changes in relevant regulatory frameworks and their impact on compliance processes. • Policy and Procedure Development: • Assist in the development, implementation, and maintenance of compliance policies and procedures related to underwriting and KYC. • Ensure all processes are documented and updated regularly to reflect best practices and regulatory changes. Cross-Functional Collaboration: • Work closely with business, project, finance and various other teams to ensure seamless compliance across departments. • Collaborate with external auditors, regulators, and other stakeholders as needed for audits or compliance reviews. …