Senior Compliance Officer
The
Compliance Officer will support the Legal and Compliance team to ensure the
company adheres to the rules and regulations set by its regulatory authorities.
Also acting as MLRO, the Compliance Officer is required to identify and report
any breaches of company and/or regulatory policies to the Head of Compliance
and to identify and implement a remedy. Building and maintaining key working
relationships across the business is crucial to ensure required business
policies and processes are in place that meets company and regulatory
requirements. Ongoing monitoring (EDD) and working on inspections/audits will
be part of the role. You must be a commercially savvy individual. The ability
to make realistic recommendations to ensure the company is 100% compliant across
all its products and services is a MUST.
What will I be doing?
- Act as MLRO to the
business, ensuring suspicious transactions are dealt with, escalated to the
Head of Compliance and reported to regulators as required
- Ensure the company’s
policies and procedures in relation to anti-money laundering (AML), due
diligence, fraud and security are robust, satisfy the requirements of the
regulators, and reflect industry best-standard
- Maintain company’s Internal
Control System ‘ICS’ and Regulatory returns or documents (prescribed by the
regulators) keeping it up to date and informing the regulators when it changes
- Undertake a number of
compliance monitoring tasks (EDD)
- Prepare regulatory returns
& submissions
- Update documents, policies
and procedures as needed or at a minimum annually, suggesting and implementing
improvements
- Manage inspections and
internal/external audits from gaming regulators, ensuring concluding
recommendations are implemented
- Conduct risk assessments
and internal inspections (at least annually) in conjunction with and to support
the Head of Compliance in delivering an appropriate compliance assurance
programme
- Promote staff awareness of
compliance issues, including design and delivery of appropriate compliance
training in relation to relevant regulations, codes of practice and company
compliance related codes and policies
- Advise the business on
codes, advertising, player protection, AML and responsible gambling
- Monitor regulatory
movements within the industry as well as keep up to date and where applicable,
advise the team and business on key industry changes
- Review consumer products
from a fairness and transparency perspective
- Ensure staff comply with
regulatory requirements and that exceptions are escalated
- Maintain company compliance
licensing matrix and other record keeping/documentation
- Support the Head of
Compliance on investigation of Data Protection breaches and reporting to
appropriate regulator
- Work on Ad-hoc projects and
other similar duties as directed by the Head of Compliance
What are
we looking for?
- Previous experience with
Compliance gaming / online gaming industry sector
- Strong understanding and
previous dealings with regulators (UK and AGCC)
- Strong experience in
AML/Fraud
- Experience and
understanding of digital controls and systems relevant to a digital gambling
business
- Strong Analytical skills
and understanding of all relevant gaming laws and regulations plus code of
practise [AML/Fraud]
- A recognised Accreditation
in AML, Data Protection, Risk Management or other areas of Compliance
- Previous experience in B2C
marketing environment
- Experience of developing
and implementing policy and processes
- Experience of communicating
at senior levels
- Proven ability to recognise
the implications of risk, compliance and change at an organisational and
project level
- Experience of devising and
delivering new projects
- Management experience and
supporting junior team members.
- Developing a thorough
knowledge and understanding of the relevant regulations related to the
company’s core business
- Data Protection
Xanadu
is an equal opportunities employer
