Director of Regulatory Compliance

Responsibilities:

The Director of Regulatory Compliance has the responsibility of assisting in the management and maintenance of the Company's obligations related to the supervision and reporting of Company's anti-money laundering ('AML') program and related activities. He/she reports directly to the Vice President of Regulatory Affairs/Chief Compliance Officer (VRPA) and supervises directly the AML Manager. Among other identified responsibilities, he/she will be responsible for the following: (i) supporting the company's overall compliance with its AML program; (ii) assisting in promoting a culture of compliance throughout the organization; and (iii) assisting in the management and execution of an efficient compliance monitoring program.

• Serves as the organization's Bank Secrecy Act office on Title 31, OFAC and SAR matters and assures compliance with BSA/Title 31 regulation requirements.
• Oversees staff to include AML Manager, Senior Analysts and AML Analysts.
• With the assistance of appropriate departments in the organization, the position is responsible to ensure there is proper training of the company's personnel on respective AML/BSA policies, practices and the relevant regulations.
• Prepare, file and approve CTR and SAR forms as required in conjunction with relevant Company review committees.
• Oversee Company Title 31 EDD/CIP/KYC/Subpoena Program.
• Oversee Company SAR Filing and Eviction/Exclusion Program.
• Assist with the development and management of a compliance sign-off process for each department.
• Assist in the development of compliance initiatives and programs to comply with the respective legal, licensing and regulatory obligations.
• Provide assistance in preparing for impending regulatory changes or revisions to licensing structure.
• Improve and maintain AML policies and procedures.
• Performed or direct annual BSA/Title 31 Risk Assessment on behalf of the Board of Directors.
• Ensure compliance with established and applicable regulatory framework.
• Aid in the improvement of tools to monitor, analyze and report suspicious activity.
• Handle file reviews of suspicious activity to ensure compliance with the policies and procedures put in place.
• Aid in the design, development and implementation of risk assessment framework to support all customer interactions.
• Provide oversight to the operational team, which acts as the first line, monitors and investigators of suspicious activity.
• Ensure consistent and timely feedback on cases that have been escalated.
• Liaise with management to develop investigative strategies.
• Develop and participate in compliance programs and initiatives.
• Provide relevant compliance reporting to ensure the completion and proper analysis of suspicious activity reports.
• Ensure detailed and prompt investigation of all AML incidents and cases.
• Manage the resolution of cases through internal and external communications.
• Help with identifying any AML loopholes and coordinating projects to bridge those gaps.
• Maintain a proper register of all incidents reported internally and externally.
• Assist in the development and execution of face-to-face training for staff.
• Aid in general compliance awareness and refresher training.
• All additional duties as assigned.

Please note: the salary for this position is commensurate with experience.

Qualifications:

1. Master's Degree preferred. At least ten (10) years' experience in the Casino or Finance Industry. Five (5) years' experience in the Anti-money Laundering field.
2. Experience in implementing AML compliance programs. Excellent verbal/written communication and organizational skills. Strong organizational, analytical and investigative skills. Technical proficiency in Word, Excel, PowerPoint, CMS. Access. Strong project management skills.
3. Experience in auditing a distinct advantage.
4. Willingness to work on various compliance issues.
5. Must be able to adapt to working in a fast paced environment.
6. Strong attention to detail.
7. Ability to handle multiple tasks, work a flexible schedule, if required as well as the ability to work without supervision.
8. Must be able to obtain and maintain a license through the Commonwealth of Pennsylvania.