AML Compliance Assistant Manager

About the role

The Assistant Manager of AML Compliance will support the overall efforts of the Anti-Money Laundering (AML) Compliance Team, providing guidance to AML Compliance Specialists in daily objectives. The Assistant Manager will also collaborate with Subject Matter Experts (SMEs) to identify and design high quality AML auditing tools and practices while adhering to industry best practices, business needs, and regulatory objectives.

Responsibilities

• Assist with the oversight and performance of complex audits and identify patterns of suspicious activity using Excel and other business intelligence tools in accordance with established audit procedures
• Operate in full compliance with internal policies and procedures as well as applicable regulations and laws, including Bank Secrecy Act/Anti-Money Laundering requirements
• Carry out the planning and execution of AML audits within the context of the casino's risk tolerance
• Perform and support audits in the areas of finance, risk management, operations, and gaming activities
• Provide supervision and remedial action to Compliance Specialists to ensure accurate and timely completion of daily duties
• Follow-up and perform validation of remediation activities to ensure control issues are effectively resolved
• Stay abreast of laws, rules and regulations impacting financial institutions to mitigate regulatory risks and implement sound BSA/AML & OFAC framework
• Report audit findings and make recommendations for correcting unsatisfactory conditions, improving operations and reducing costs
• Oversee and support recommendations to escalate potential unusual activity to Compliance Investigators
• Provide guidance and respond to daily inquiries from peers, front-line, and management regarding audit or case analysis as needed
• Ensure player personal information and gaming activity meets the requirements of the AML Program
• Review and perform Title 31 filings as assigned
• Conduct comprehensive review of systems
• Assist with analytical and comprehensive research
• Assist with Suspicious Activity Report (SAR) investigations
• Assist with the design, implementation, and completion of daily audit procedures designed to detect and deter money laundering
• Adhere to regulatory, departmental, and company policies in an ethical manner
• Maintain effective working relationships
• Perform special reviews or projects if necessary
• Attend BSA/AML training seminars as assigned
• Assist with other matters and projects as directed by the Director, AML Compliance
• Supervise others within the Compliance department

Requirements

• Must be at least 21 years of age
• Four (4) years of experience in AML Compliance for a large-scale luxury resort/casino or relative financial institution
• Two (2) years of experience in a supervisory or management role for a large-scale luxury resort/casino or relative financial institution
• Ability to provide constructive and corrective feedback to optimize team member performance
• Experience developing audit spreadsheets and using complex reporting tools
• Proficiency with Microsoft Office Suite
• Strong written and verbal communication skills
• Proven experience facilitating and presenting information in one-on-one, small, and large group situations
• Ability to work independently and in small groups without direct supervision
• Intermediate understanding of how to organize and query data
• Relational database, advanced internet searching, Cognos, LexisNexis, AML, and gaming software experience preferred
• Excellent organizational skills; ability to function under time constraints and deadlines with attention to detail
• Ability to organize, summarize and succinctly communicate the relevancy of findings to management
• Self-motivated, well-organized, ability to prioritize and efficiently perform multiple tasks in a timely manner, managing multiple simultaneous projects and deadlines
• Ability to analyze data, trends and apply judgment to various situations
• Ability to process confidential and sensitive information with discretion
• Must be willing and able to occasionally work a flexible schedule to include weekends
• Must be able to qualify for licenses and permits required by federal, state, and local regulations
• Ability to read and interpret documents in English (safety rules, operating and maintenance instructions, procedure manuals)
• Ability to read and communicate verbally in English; written communication skills in English required
• Ability to apply commonsense understanding to carry out instructions furnished in written, oral, or diagram form
• Ability to deal with problems involving several concrete variables in standardized situations
• Physical demands: regularly required to stand and use hands/fingers to handle objects, tools, or controls; frequently reach with hands and arms and talk or hear; specific vision abilities include close vision and peripheral vision; regularly lift/move up to 10 lbs, frequently lift/move up to 25 lbs, occasionally lift/move up to 50 lbs; ability to push, pull, reach, bend, twist, stoop, stack, crouch, kneel and balance in varying work areas including confined spaces
• Work environment: moderate noise level; potential exposure to unrestricted secondhand tobacco smoke

Pay

$70,000.00 – $85,000.00 per year