Our client, a dynamic private gaming company located in Limassol, is seeking an Underwriting Compliance Specialist to join their expanding team. We are seeking a detail-oriented and experienced Underwriting Compliance 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 the Group. You will possess a strong background in regulatory compliance, risk management, and partner due diligence and ensure that the Group and all partners meet the compliance standards and adhere to relevant legal and regulatory frameworks. If you feel you have the necessary skills, please apply today for this Limassol based role.
MAIN DUTIES AND RESPONSIBILITIES
- 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.
- 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.
- 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.
- 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.
- 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
- 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.
- 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.
- 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.
- 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.
- Provide training and guidance to internal teams and partners on compliance requirements, KYC procedures, and regulatory changes
COMPANY BENEFITS
- Bachelor’s degree in Law, Business, Finance, Law, or a related field.
- Minimum of 2 Years of experience in compliance, underwriting, KYC, or a similar regulatory function, preferably within the fintech industry.
- Strong knowledge of AML and other financial regulations.
- Familiarity with regulatory frameworks such as gaming regulations, FATCA, OFAC, and other similar regulations.
- Exceptional attention to detail and strong analytical skills.
- Ability to manage multiple tasks and prioritize in a fast-paced environment.
- Strong communication and interpersonal skills, with the ability to explain compliance concepts clearly to internal and external stakeholders.
- Proficiency in compliance and risk management software/tools.
- Strong ethical standards and a high level of integrity.
COMPANY BENEFITS
- Excellent work environment
- Attractive salary package
- Options to enroll in Company's medical insurance plan
- Possibilities to enroll in Company's pension plan
- Exciting company activities including monthly lunches, corporate gatherings, an intercompany foot-ball team, competitions, and many other activities.
- A chance to advance professionally inside one of the world's largest iGaming organisations
Due to the high volume of applications, we receive at GRS Recruitment, only shortlisted candidates will be responded to.
To apply for this position, please email your CV to
Emilios Eracleous, emilios@grsrecruitment.com quoting the above job reference or call +357 25 342 723 for further information.