What are the responsibilities and job description for the Director of Audit and Compliance - #00010 position at Virginia Racing Commission?
Title: Director of Audit and Compliance - #00010
State Role Title: General Administration Manager III & 19225
Hiring Range: Up to $140,000
Pay Band: 7
Agency: Virginia Racing Commission
Location: Virginia Racing Commission
Agency Website: www.vrc.virginia.gov
Recruitment Type: State Employee Only - E
Job Duties
- Formulate and implement long-range plans, policies, and procedures that uphold regulatory standards.
- Ensure continuous alignment of division goals with the VRC’s mission and legislative requirements.
- Directly oversee the Lead Auditor and Lead Compliance Officer, providing guidance on complex or high-risk investigations.
- Foster consistent performance standards and support professional development within each team.
- Build strong partnerships across internal divisions (Licensing, Investigations, etc.) and external agencies (e.g., law enforcement, Treasury).
- Serve as the primary liaison for audit findings or compliance breaches involving other state entities.
- Develop and manage budgets for audit and compliance functions, ensuring efficient use of funds and staff resources.
- Oversee procurement of technology or tools critical for thorough auditing and compliance monitoring.
- Present audit findings and compliance assessments to the Commission, legislative bodies, or other key stakeholders.
- Propose action plans or policy updates based on identified gaps or risks.
- Keep pace with emerging industry trends, new gaming technologies, and legislative shifts.
- Update internal protocols, training programs, and policies to maintain proactive and effective audit/compliance standards.
Minimum Qualifications
- Extensive knowledge of regulatory frameworks, audit methodologies, and compliance best practices in the gaming or comparable industries.
- Leadership and strategic planning skills, including ability to manage diverse teams and align divisional goals with the Commission’s broader objectives.
- Strong analytical abilities to interpret financial reports, internal controls, and compliance data for informed decision-making.
- Excellent communication skills for stakeholder engagement, from licensees to legislative and law enforcement entities.
- Problem-solving and policy development capabilities, ensuring that audit and compliance initiatives adapt to emerging industry challenges.
- At least three years of managerial experience in regulatory compliance, audit, or related domain—ideally in the gaming or comparable industry.
- Demonstrated leadership and policy development background with diverse groups, including racing and gaming licenses, executive management, and other government and regulatory entities.
- Professional certification such as CPA, CIA, or CRMA.
- Ability to clearly document findings and management reports, and to make logical and sound decisions in critical, complex, and changing situations.
- Ability to take initiative, strong project and time management skills and the ability learn new topics quickly.
- Excellent analytical, organizational, problem-solving skills, and attention to detail. Ability to work in a fast-paced environment to support a rapidly growing department.
- Professional background demonstrating a track record of integrity and ethical business behavior, consistent with the agency’s values and mission.
- Able to work with confidential information and exercise sound judgment.
- Ability to prepare and present reports to executive leadership, governing bodies, stakeholders, or regulatory agencies.
- Ability to advise leadership and lead teams in the development and implementation of long-term regulatory or compliance initiatives or systems in a highly regulated field.
- Excellent writing, verbal, and interpersonal communication skills, including the ability to distill and present complex information plainly and succinctly.
- Advanced technical skills in MS Office Suite (PowerPoint, Word, Excel, and SharePoint) and the ability to learn appropriate software as necessary. Experience with database and reporting software preferred
Additional Considerations
- Professional Certification such as CPA (Certified Public Accountant), CIA (Certified Internal Auditor), or CRMA (Certification in Risk Management Assurance).
- Strong Project Management capabilities, including time management, prioritization, and multi-project coordination in a fast-paced environment.
- Proficiency in Technical Tools: Advanced skills in MS Office (Word, Excel, PowerPoint, SharePoint) and familiarity with database/reporting software.
- Experience Designing Long-Term Regulatory Systems: Proven track record of advising leadership, implementing large-scale compliance initiatives, and presenting findings to executive bodies.
Special Instructions
You will be provided a confirmation of receipt when your application and/or résumé is submitted successfully. Please refer to “Your Application” in your account to check the status of your application for this position.
Application Process
- Apply through the Commonwealth’s Recruitment Management System (RMS).
- You may be asked to demonstrate your abilities via skills-based exercises or presentations.
- This posting will remain open for at least five (5) consecutive workdays.
Conditions of Employment
- Travel may be required for meetings, events or other job duties.
- Employment may be contingent upon passing background checks (e.g., criminal history, reference verification).
- All staff must adhere to confidentiality standards and follow strict protocols for handling sensitive information.
The Virginia Racing Commission (VRC) is an Equal Opportunity Employer and does not discriminate on the basis of race, religion, gender, national origin, age, disability, marital status, or veteran status.
Contact Information
Name: Debbie Wyatt Smith
Phone: 804-292-6414
Email: Debbie.wyattsmith@dhrm.virginia.gov
In support of the Commonwealth’s commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at 800-552-5019.
Note: Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.
Each agency within the Commonwealth of Virginia is dedicated to recruiting, supporting, and maintaining a competent and diverse work force. Equal Opportunity Employer
Salary : $140,000
