What are the responsibilities and job description for the Compliance Director position at TW Group LLC?
The Compliance Director will oversee and manage all aspects of regulatory compliance within the organization, ensuring adherence to legal and regulatory requirements. This role requires an understanding of GLI or similar certification standards, casino compliance regulations, and FinTech compliance. Successful candidates will be responsible for developing and implementing compliance strategies, policies, and procedures to mitigate risk and ensure operational integrity.
Key Responsibilities:
• Regulatory Oversight: Lead the compliance function, ensuring adherence to all applicable regulations and standards, including those set by PCI, gaming system certification agencies, casino gaming authorities, and FinTech regulations.
• Compliance Strategy: Develop and implement comprehensive compliance strategies and policies tailored to the organization's needs and regulatory environment.
• Risk Management: Identify, assess, and manage compliance risks associated with business, gaming and financial technology operations. Develop risk mitigation plans and ensure effective controls are in place.
• Audit and Monitoring: Conduct regular compliance audits and reviews to ensure adherence to internal policies and external regulations. Address any compliance issues or violations promptly and effectively.
• Reporting: Prepare and present compliance reports to senior management and regulatory bodies as required. Ensure timely and accurate reporting of compliance issues and resolutions.
• Regulatory Liaison: Act as the primary point of contact with regulatory and certification agencies and gaming authorities. Maintain up-to-date knowledge of changes in regulations and industry standards.
• Policy Development: Create and update compliance policies and procedures in response to evolving regulatory requirements and industry best practices.
• Investigation and Resolution: Investigate compliance incidents and breaches, coordinating with internal teams and external authorities to resolve issues effectively.
• Cross-Functional Collaboration: Work closely with other departments, including legal, finance, and operations, to ensure a cohesive approach to compliance and risk management.
• Participate in legal contract reviews, and similar duties, as assigned.
Education and Experience:
• Bachelor's degree in Business Administration, Finance, Law, or a related field, required. Advanced degree or professional certification (e.g., Certified Compliance & Ethics Professional - CCEP) preferred.
• Minimum of 7-10 years of experience in compliance roles, with specific expertise in GLI standards, casino gaming compliance, and FinTech regulations. Proven track record of managing compliance functions in a regulated environment.
• In-depth understanding of gaming industry regulations, financial technology compliance requirements, and GLI certification processes. Familiarity with international compliance standards is a plus.
• Strong analytical and problem-solving skills. Excellent communication, leadership, and interpersonal skills. Ability to work independently and manage multiple priorities in a fast-paced environment.
