Onboarding Analyst

Position Summary:

We are seeking an Onboarding Analyst to join our team. In this role, you will be responsible for conducting client onboarding, due diligence, and risk assessment activities, ensuring compliance with regulatory requirements, internal policies, and risk management standards. The successful candidate will review client documentation, assess risk profiles, and support an efficient onboarding process.

Responsibilities:

• Conduct risk assessments during onboarding and periodic reviews for clients operating in the payments, cryptocurrency, gaming, and gambling sectors.
• Identify, assess, and escalate potential risks, including AML/CTF, sanctions, fraud, bribery, corruption, and reputational risks.
• Review corporate documentation, ownership structures, source of wealth/source of funds information, and legal documents.
• Assess risks associated with complex corporate structures, cross-border activities, and businesses operating in high-risk or highly regulated industries.
• Collaborate with clients and internal teams (Compliance, Legal, Sales, and Relationship Management) to obtain required information and resolve onboarding-related queries.
• Perform Enhanced Due Diligence (EDD) and ongoing monitoring activities where required.
• Maintain accurate onboarding and review records, and prepare risk assessments, summaries, and reports.
• Contribute to the continuous improvement of onboarding procedures and ensure compliance with regulatory requirements and internal policies.

Qualifications:

• 3+ years of experience in onboarding, AML/KYC compliance, customer due diligence, or periodic reviews within a bank, payment institution, e-money institution, fintech company, or cryptocurrency business.
• Proven experience working with clients operating in the cryptocurrency, gaming, gambling, payments, or other high-risk, regulated sectors.
• Strong knowledge of AML/CTF regulations, sanctions, and Money Laundering Directives.
• Good understanding of the business models, regulatory requirements, and financial crime risks associated with the cryptocurrency, gaming, and gambling industries.
• Experience conducting risk assessments and Enhanced Due Diligence (EDD) reviews for high-risk customers and complex corporate structures.
• Strong analytical and problem-solving skills, with excellent attention to detail.
• Excellent communication skills and the ability to work effectively with both clients and internal stakeholders.
• Proficiency in Microsoft Office applications, including Word, Excel, and Outlook.
• Fluency in English.

Benefits:

• Be a part of a top tier team, work on projects that reach millions worldwide, create complex in-house products and solutions;
• Learn and exchange ideas in lectures and workshops led by colleagues and team leads;
• Get health benefits: fully covered health insurance after end of trial period (dentistry, out-patient treatment, mental health, medicine, etc.), well-being activities, vaccination days;
• Enjoy employee discount programs and have fun at monthly internal activities and celebrations;
• Hybrid Work Model;
• Work from a modern and well-equipped office in the center of Riga, with parking space for bikes and scooters, fresh fruits and coffee on a daily basis.