Job Purpose

To manage the risk and compliance functions, ensuring that the company stays in line with internal policies, external regulatory requirements, and industry standards by facilitating the management of risks the company faces, designing or implementing controls to mitigate those risks and reporting the effectiveness of the controls.

Responsibilities

• Advise the Company on an on-going basis of the impact of AML and CFT regulation and the required action; ensure Due Diligence procedures are in line with regulation
• Establishing and maintaining good working relationships with regulators and authorities
• Project-lead and manage regulatory audits/compliance reviews; assist in developing and maintaining audit check lists in relation to regulatory compliance
• Review of internal company documentation and external communications
• Ensure company policies and procedures are in place and reviewed and updated
• Investigate major complaints to the regulators/authorities; ensure fair and timely resolution
• Assist in preparing for monthly board meetings; produce and/or organise reports and board packs; drafting minutes and/or board resolutions
• Deliver accurate analysis and Management Information
• Lead the provision of commercially aware and timely technical compliance advice to both the business and to projects
• Support the setting of regulatory training strategy for the Company, contributing to the building of a regulatory compliance-aware culture, and providing subject matter expertise where required
• Proactively identify potential non-compliance issues and ensure they are addressed appropriately
• Ensure that the highest standards of operational compliance is achieved and maintained across the Company, through working with functional/departmental managers and their teams
• Represent the Compliance department on projects providing regulatory advice and guidance in the development of initiatives to incorporate and embed an appropriate Risk culture and controls within a commercial operating framework
• Assist in other projects and ad hoc tasks, as and when required
• Day to day management of a team of AML and RG analysts.
• DMLRO responsibilities for the Group
• Ability to deputise for the Group Head of Compliance & Risk as required

Others:

• The Operational Compliance Manager will also undertake other relevant duties as and when required.

Experience, skills and essential qualities:

• Online gambling industry experience, with a working knowledge of the Isle of Man Gambling Supervision Commission and the United Kingdom Gambling Commission regulations and codes of practice, desirable
• Advanced operational knowledge of the AML/CFT regulations in the Isle of Man and/or the UK
• Working towards or desire to take on learning to support DMLRO responsibilities
• Experience of leading and the day-to-day management of a team
• Experience of KYC verification, international markets, and cross border transactions
• Experience in risk management, with a good understanding of Fraud policies, processes, and operations
• Well-developed report writing and communication skills with the ability to interact at senior levels within the Company
• Highly PC literate with a good working knowledge of all Microsoft applications (Word/Excel especially)
• Proven ability to interpret management information, providing insight on trends
• Proven ability to provide accurate information within fixed deadlines
• A self-motivated team player who is able to structure and prioritise work, but who also has the flexibility and capability to change priorities when circumstances dictate
• An innovative, creative approach to problem solving